With the first 3 steps of our business success formula completed you can now begin applying action to make your vision a reality. But, haphazardly applying action will get you nowhere fast. So, a business plan is critical to creating a “roadmap” toward business success.
So now I sound like every other Tom, Dick, and Harry out there telling you to write a business plan. Well not exactly, the kind of business plans that I recommend are more like a project plan. It’s more operationally focused. Because running a business is really just a project – right? You have a set goal and objectives you want to achieve over the course of the year to have business success. That’s the project!!!
In my earlier post title Creating Your Business Plan Made Easy, I give an overview of the process. The first 3 steps, covering the “what” and “why” described in the process, are what I discussed in the previous 3 posts Find Your Passion, Create Your Business Vision, and Maximizing Your Resources Speeds Business Success. Business planning is nothing more than organizing what you’ve learned in the revious 3 steps into a series of actions to achieve your goals. I call it High Impact Business Planning. It has more of an operational focus than a traditional business plan you’d prepare to get a loan from the bank.
The problem with a traditional business plan is it’s difficult to extract exactly what needs to be done when and by whom. The High Impact Business Plan gives you specific objectives and who is responsible for their achievement which provides accountability. Additionally, a High Impact Business Plan gets rid of all the “fluff”. So, it’s much easier to scan and understand what needs to get done. It is a very usable document to communicate at everyone level in the organization so everyone is on the same page to achieve business success.
If you’d like to get an example copy of the High Impact Business Plan, email me. If after reviewing this you feel you need a little more help the check out our High Impact Business Plan online video training 24 x 7 and begin applying action to achieve results.