Your Business Plan

Clear Vision • February 19, 2015

We all know we should be doing a business plan. However with the average plan being a 30 page document the idea of it can be incredibly daunting – and who will read it anyway?
Does a 1 page business plan sound more achievable?

The reality is we all should be planning in our business – from the strategic level to the daily tasks necessary to steer the business into the direction and achieve the end goals. Yet 99% of businesses don’t have any planning; – why?

The main reason is most business people are great at what they do whether it’s building, driving, filling teeth but most people don’t know where to start when doing a plan.

So, I’ve taken some tools (with permission) from Verne Harnish – world renowned business growth strategist, research and developed some more skills to be able to complete a 1 page business plan.

So what’s the difference?
A 30 page business plan can be prepared, in detail, lots of market research and once completed will sit nicely holding the bottom drawer in place. It doesn’t become a workable document on a monthly or weekly basis used to keep the captain focused and steering the business to the end result.

In contrast a 1 page business plan is designed to have the key goals, visions, targets (BHAG), key performance measures and actions all on 1 page. This page gets put up in a place the business owner sees every day. Sometimes it needs to be in several spots. As a focused business owner, when you walk past this document, you will glance and linger and this will remain part of your focus more often on the end goal – the BHAG (big hairy audacious goal).

Don’t get me wrong – the market research and detail is critical. But we don’t want to become so bogged down in the detail and specifics that we can’t see the most important, most immediate goals.

Click here One Page Strategic Plan to download the business plan – and together we can discuss how Clear Vision Accountancy Group can help get your 1 Page Business Plan started, prepared, and finished, hanging on your wall.

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