In this video I list four components of an annual business plan and drill down a little into some of the business issues you should cover under each of those four elements.
An annual business plan should encompass three core concepts:
- Where is the business now?
- Where do we want the business to be in the future?
- How are we going to marshal the resources we have and which we can influence to get there?
Don't forget we also have a free Annual Business Plan Template to support you in this planning process.
The template is designed to help you gather the necessary information and bring it together in one document.
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If you would like help with strategic, annual or succession planning, contact the JPAbusiness team on 02 6360 0360 for a confidential, obligation-free discussion.
James 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.