Step 3 on how to build a business plan that is easy and effective

January 7, 2020 0 Comments

OK, so you now need to transfer the overall business strategy and your plan from the flip chart on paper, so you can refer back to them. For business strategies, I suggest writing it as a timeline so you can see how the business accumulates and how all different parts fit together. I also suggest printing two copies of each, one for folders and one for the wall.

Now, we also need to start building your list of actions for the following year. Look at what you produce, and what needs to be achieved at the end of the year for you to reach your target.

Once again using our accreditation example, you may have several tasks to complete that require action, such as choosing the right person for training, offering incentives to tie it into business, increase funds etc. These tasks need to be solved by certain orders and you can manage this in months.

Now if you are used to doing something tight in a certain order, so you do one job, then move to the next, you will not be able to do that, as an entrepreneur you might have six or seven important projects when traveling at a time.

I actually have a blackboard in my office with important things written in the cloud with some of the next actions to do in each, this is a constant reminder for me what I need to do to achieve my final goal, this helps me for concentrating. On whats import and does not work continuously on what is urgent in my business.

You can then start building images about how this action throughout the business began to bind together. After you set the action and task, you can also print these pages and place them in your folder or even on the wall.

In your folder, you must now have a business plan that you can see. It won’t be one of the big business plans or check box exercises that sit on the shelf and collect dust. Instead, it will be a business strategy for a single page that is practical and dynamic. Your plan shares your target for the next five years, and your one or two page project logs show your actions for your next growth phase.

A former weapons engineer and submariner with Royal Navy, his business trip began with the title in the field of Engineering and Management of International Disaster.

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