---
title: 4 components of a Strategic Plan [video]
description: JPAbusiness managing director James Price shares four key components of a strategic business plan.
image: https://blog.jpabusiness.com.au/hubfs/1.%20Images/1.%20Stock%20Images/Chess.jpg
---

 10 July 2018

# 4 components of a Strategic Plan [video]

WRITTEN BYJames Price | JPAbusiness

![Chess](https://blog.jpabusiness.com.au/hs-fs/hubfs/1.%20Images/1.%20Stock%20Images/Chess.jpg?width=700&name=Chess.jpg)A business' Strategic Plan establishes its strategic direction and will usually cover a period of one to five years.

I like a Strategic Plan to focus on a period of **three years** because, **in today’s volatile world**, things get a little hazy after three years.

In this video I list **four key components of a Strategic Plan**.

 

 

Visit and subscribe to the **[JPAbusiness YouTube channel](https://www.youtube.com/channel/UCLMeFWVY3pUD4DmN9iJBGTQ)** for more videos from me. 

If you would like help creating a strategic, annual or succession business plan,** ****[contact the JPAbusiness team](https://landing.jpabusiness.com.au/get-in-touch-with-jpabusiness)** on 02 6360 0360 for a confidential, obligation-free discussion.

 

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Topics

- [business planning ](https://blog.jpabusiness.com.au/blog/topic/business-planning)
- [strategic planning ](https://blog.jpabusiness.com.au/blog/topic/strategic-planning)
- [business strategy ](https://blog.jpabusiness.com.au/blog/topic/business-strategy)
- [business plan ](https://blog.jpabusiness.com.au/blog/topic/business-plan)

About James Price | JPAbusiness James Price has over 30 years’ experience in providing strategic, commercial and valuation advice to Australian and international business clients. James’ blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.

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