Business Planning Tools including training and guidance for producing a solid business plan strategically. For free templates to put together your business plan visit www.businessservicessupport.com

1. S TRATEGIC B USINESS P LANNING

2. W HAT YOU WILL LEARN
 The essence of a business plan
 Scope and contents of a compelling
business plan
 Your responsibility towards your business
plan
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3. T HE ESSENCE OF BUSINESS PLANS
Setting the context for business planning in operation
What is a compelling business plan?
 A management tool to help you succeed- accomplish your
ambition/goals
 A management tool to guide you in your planning
 A management tool that articulate your vision, mission and goals as
well as strategies for achieving them
 A tool for securing finance from third parties, whether a bank,
private investor or government organisation
 A map (the A- Z) of your business- except that this is not a static map
(it evolves)
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4. T HE ESSENCE OF BUSINESS PLANS
Setting the context for business planning in operation:
 A business plan should never be perceived narrowly as a document
for raising finance.
 A business plan should not be perceived as a tool needed when you
start a business.
 A business plan should not be developed without the involvement of
the business.
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5. T HE ESSENCE OF BUSINESS PLANS
Setting the context for business planning in operation:
 Understanding the difference between strategic plan and
business plan.
 It is important you know that a business plan should be
preceded by a strategic plan.
 A strategic plan provides details of the core business
operations (services and products of the business based
on its core strengths).
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6. T HE ESSENCE OF BUSINESS PLANS
Setting the context for business planning in operation:
 Strategic plan- after thoroughly researching a market, an
entrepreneur decides to set up a childcare organisation
to meet needs that are not fully met by existing
suppliers.
 Business plan- having taking a decision to set up a
childcare organisation, the entrepreneur now progressed
to putting together a plan to achieve this goal. (Never
attempt to write a business plan without
first being clear about your strategic plan,
vision or mission)
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7. S COPE AND CONTENTS OF A COMPELLING
BUSINESS PLAN
PRIMARY POINT you are planning how to achieve you goals
and so you want to ensure many angles are covered.
 Description of the business
 Vision and mission statement
 Market Analysis
 Products and Pricing
 Analysis of resources required and what is current available
 Analysis of external environment (PEST Analysis & Porters 5 forces)
including competition analysis
 Marketing and sales strategies
 Milestones
 Risk Analysis and Management Systems
 SWOT Analysis
 Financial forecasts- profit and loss , cashflow and balance sheet
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8. S COPE AND CONTENTS OF A BUSINESS
PLAN
Vision and mission statement
 Vision is critical for business success
 Vision is the end state of your business
 Vision paints a picture of what your business wants to achieve
 Mission is the purpose for which your business is established
Vision - To become the number one restaurant in a particular niche market.
To be the number one provider of business training across the world.
Mission - To provide high quality healthy meals in a restaurant settings for a
specific target market. To enhance the potentials of individuals through high
quality training and education.
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