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How to create a business plan

WRITTEN BYJames Price | JPAbusiness

Business plans don’t have to be lengthy documents, but they do – in our opinion – need to be written down: if you haven’t written it down, you haven’t committed to it.

This short video series covers some key concepts related to business planning, including:

  • Why does my business need a plan?
  • How often should I review my business plans?
  • What to include in a Strategic Plan
  • What to include in an Annual Business Plan

Why does my business need a plan?

 

How often should I review my business plans?

 

What to include in a Strategic Plan

 

What to include in an Annual Business Plan

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For a deeper dive into the process of creating an Annual Business Plan, download our free Annual Business Plan Template.

This detailed template is designed to help you gather and analyse the information necessary to create a robust plan, and bring it together in one document.

And remember, as we always say, a good plan is a shared plan. Your Annual Business Plan should be in the minds of your whole team. If they’re meeting on a monthly basis as a management team, or as supervisors, the meeting should refer to elements of the Plan, because that is the context point around why you're all doing what you’re doing.

Other free resources to help our clients and readers with business planning, include: 

  • Business planning for small to mid-sized businesses eBook

  • Succession planning – How to future proof your business eBook 

  • Succession planning for small to medium-sized businesses eBook

If you would like advice or assistance with strategic, annual or succession planning, contact the JPAbusiness team on 02 6360 0360 or 02 9893 1803 for a confidential, obligation-free discussion.

 

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James Price 2018 smallJames Price has over 30 years' experience in providing strategic, commercial and financial 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.