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Business Planning is the art of taking a strategic plan (or directive) and defining, in detail, regarding the what, why, when, how, by whom the business or business unit is going to accomplish in the short-term. A business plan, best if concisely written, is then the annual game plan for the business.
A business plan is developed to help keep key managers focused on attaining short-term goals in order to achieve long-term goals and objectives. If only strategic plans were employed for such, there would be little to measure short-term progress and wavering from the intended target might not be discovered until well off course.
In creating a business plan, the process and the needs for each client are different. While some organization desire or need a comprehensive plan, others need what could be considered a plan outline to keep their resources focused on the mission at hand.
Our approach to assisting with the development of a business plan is as flexible as the requirements of our clients. In some cases we do significant research, analysis, and create a number of hypothesis. In other cases, we facilitate a team through the development of the plan. We can also provide formats, graphical presentations of numbers-oriented plans, and presentations for staff meetings.
Our role is to help insure that the plan so developed is complete, yet concise; is guidance without being rigid; and is a helpful motivational tool and well as performance measurement device.
To find out how we can help your organization craft a better business plan, call us at 804-320-2444 or contact us via email.