1. Fast Track Your Way to Business
Planning Success

3. A Little Bit About Me…
ü Organisa(onal
Performance
Improvement
ü Workshop
Facilita(on
and
Training
ü Behavioural
Profiling
ü Personal
Development
Coaching

4. Why have a Business Plan?

5. Why have a Business Plan?

6. Why have a Business Plan?
Ø Provides
a
roadmap
for
success
Ø Gives
you
control
of
your
business
Ø Secures
finance
for
your
business
Ø Ensures
everyone
on
your
team
is
on
the
same
page
Ø Helps
avoid
big
mistakes
Ø Helps
manage
your
emo(ons
Ø However…

7. Don’t Invest Too Much Time in Developing a Business
Plan because…
The longer you plan, the longer you are not
in the marketplace

8. Need Further Proof?
Ø 21%
of
small
business
owners
claim
they
don’t
have
(me
to
write
a
business
plan,
yet
one
third
of
small
businesses
fail
because
they
lack
one
• Overall,
40%
of
small
businesses
don’t
have
a
business
plan
Ø Independent
studies
in
the
US
suggest
businesses
with
a
business
plan
enjoy
63%
higher
sales
growth
than
those
without.

10. What is a Business Plan?
Ø A
wriTen
document
that
describes
how
a
business
is
going
to
achieve
its
goals
Ø Defines
the
poten(al
costs
and
drawbacks
to
certain
business
decisions
and
to
help
business
owners
modify
accordingly
before
implemen(ng
these
ideas

11. What does a good Business
Plan look like?

12. What does a good Business
Plan look like?

13. K.I.S.S Principle – Use One-
Page Format
Why?
Ø Since
your
ideas
are
changing
all
of
the
(me,
it’s
easier
to
update
Ø It
provides
clarity
to
whoever
is
reading
it
as
important
informa(on
s(cks
out
Ø It
will
assist
you
with
your
pitch
to
poten(al
investors,
clients
Ø It
helps
get
your
team
onboard
with
the
company
vision
and
goals
Ø With
the
plan
having
very
specific
goals
you
can
create
a
straight
forward
strategy
around
each
of
them

14. Standard Business Planning
Process

15. Goal Setting
Ø Goals
are
statements
that
guide
companies
and
staff
to
meet
their
responsibili(es
and
business
needs
Ø Goals
are
important
on
many
different
levels:
• They
set
standards
for
improvement
• They
focus
ac(vity
• They
measure
progress
• They
connect
the
staff/team
to
the
organisa(on
• They
mo(vate
and
energize
• They
are
the
basis
for
decision
making

16. Goal Setting

19. What Then?

21. What Then?
Ø A
business
plan
is
not
a
document
you
create
once
and
store
in
your
boTom
drawer.
It's
a
living
guide
that
you
should
develop
as
your
business
grows
and
changes
Ø Test
drive
your
business
plan
Ø Share
the
business
plan
with
your
team
Ø Review
your
plan
on
a
monthly
basis

22. Useful Hints and Tips
Ø If
you
are
pitching
to
a
government
ins(tu(on
or
large
corporate,
a
1-­‐page
business
plan
won’t
be
appropriate
Ø Tailor
your
business
plan
to
the
audience’s
preference
Ø S(ck
to
key
words
and
short
phrases
Ø Use
the
1-­‐page
plan
to
build
yourself
and
your
team
a
to-­‐
do
list
Ø Ensure
the
business
plan
is
reflected
throughout
the
business
including
in
other
plans
(e.g.
marke(ng,
financial)
as
well
as
staff
performance
plans

23. Your Takeaways
1. Wri(ng
a
Business
Plan
makes
financial
and
emo(onal
sense
2. Don’t
spend
too
much
(me
wri(ng
a
Business
Plan
3. The
challenge
is
not
wri(ng
a
Business
Plan
–
it
is
pu`ng
it
into
ac(on
4. S.M.A.R.T
goals
-­‐
You
can’t
manage
what
you
can’t
measure
5. Monitor,
Review
and
Reflect
–
iden(fy
and
act
on
learnings
for
future

25. Christian Anderson Consulting
www.christianandersonconsulting.com
0403 913 213
info@christianandersonconsulting.com
ChristianAndersonConsulting
http://au.linkedin.com/in/ckmanderson/