Make a plan
You know what you want from your business; now it’s time to plan how to get it.
Your business exists to serve you, not the other way around. A clear, simple plan links your personal goals with the actions and numbers your business must deliver. For example: if you need $100,000 per year to cover your living costs and a family holiday, and your overheads are another $100,000, your gross profit target is $200,000. With a 50% margin, that means $400,000 in sales.
A plan makes this path visible and achievable. Follow these rules to build a strong one-page plan:
Follow these rules to create a solid plan and achieve your goals:
1. Keep it short.
One page if possible (double-sided at most).
2. Set no more than four main goals.
Break them into 90-day goals and specific actions to maintain momentum.
3. Choose five KPIs.
Identify the key numbers that matter most. More than five dilutes focus.
4. Share it with your team.
Link their goals and KPIs to your plan so everyone is working in the same direction.
5. Keep it visible.
Display your plan, track progress, and celebrate wins along the way.
6. Review quarterly.
Update your 90-day actions and goals, and adjust the plan as needed. Independent accountability can help keep you on track.
Your business plan is the most important document in your business. It’s your roadmap to achieving what you want personally and professionally.
Need help creating your plan? Get in touch for more information about our Business Planning service.
“Hope is not a strategy.” – Anon