5 steps to creating your business plan
When most people think of a business plan, they see a large document, lots of numbers and
lots of out of date information.
Instead they need to see the business plan as a tool that keeps the big picture in front of them as well as the tasks and steps to achieve the plan.
Lets look at the 5 steps necessary to create a workable plan
- Your input – Your Vision, Your mission, Your values and the type of business you want to run
- Your potential client’s needs and wants and how you can meet those needs and wants and who can help you reach those clients and give you the boost to make your business viable
- Your community and its restrictions, requirements and rules. If you want to be in business, you need to comply with the legalities, pay your taxes and generally comply with community expectations.
- Your resources including your finances, tools, support, staffing and facilities. This will include what you need to earn and what it will cost you to earn it.
- Your tasks to achieve your vision.
Your business plan can be a MINDMAP, use Freemind. I love using coloured pencils and paper to help everyone see what I am doing.
I saw an amazing tactical plan the other day that looked like a rainbow. It very clearly showed each of the areas of the business, who did what and what tasks and time line were assigned for every project.
It all worked though because the Vision and Mission were clear. It also worked because the company understood the market, the community and knew how to meet its needs and its clients needs.
Creating a plan can seem daunting but if you take small steps and do one thing at a time, it is easy.
What is your Vision and Mission? What is the Why and the How for you to be in business?
Start there and when you feel the energy of the why and how, then you can create the rest of the plan easily.
Have you got a vision? Share your vision with others and you will find support to make your vision a reality. Tell us in the comment box either here or on Facebook.
To find out more about taking a business idea to a business plan, get your copy of Eat the Rhino. Or just opt-in on the right to receive the newsletter and other information.
Taking ideas to reality