Business Plans
A business plan is a blueprint that assesses the current state of a business, documents its purpose and goals, defines initiatives, and details day to day operations in the context of those initiatives. Small to mid sized companies use this process to clarify their vision and ensure they are equipped with the right tools to move the business forward.
Purpose
To assess where the business is today, define the vision for the future, and establish the path to achieve those goals.
Process
- Assess current state of the business including identification of strengths, weaknesses, opportunities and threats.
- Clarify vision and goals.
- Establish marketing, sales and operating plans.
- Develop a financial plan including review of historical performance and a 3 to 5 year financial projection.
- Define capital requirements.
- Formulate action plans that establish priorities, identify resources, assign accountability and clear obstacles.
- Document a method of ongoing review that tracks progress and measures success.
Results
A comprehensive plan, with supporting financials, that defines objectives and details the activities and processes that will drive results and move the business forward.