One Page Business Plan To Improve Your Business Performance

One Page Business Plan – Helping In Your Business  Development

One Page Business Plan The Key Elements

Setting The Scene

1. For along time in business the rationale that if you write an objective down and put it in a highly visible place then you will have a greater chance of achieving it.
2. If you wanted to take a journey to a new destination but you didn’t have a map or route then the likely hood of you reaching your destination quickly or efficiently The same is true within business if you don’t have a plan then what chance do you have in achieving your business objectives
3. For many companies if the planning process is onerous or results in lengthy documentation then the chance is it will neither be completed or reviewed in the future

A One Page Business Plan developed by the business should therefore provide a number of benefits

1. • The process to create a written plan means that you have something to refer to
   • Having to set targets / objectives now means that you have something to measure
   • Whilst a one page plan will still require some serious thinking, having some key headlines to work towards should be achievable

One page business plan key elements

There are 5 key elements within the plan

• You need to identify the key results that you want the business to achieve over the month
• The key sales drivers need to be identified and quantified. Examples of sales drivers could be
  • Number of quotations sent
  • Number of referrals gained
  • Number of new customers
  • Testimonials provided
  • etc
  • These will vary among every company
• The key cost and cash drivers – these are the elements within the business that control costs. So for example within a consultancy the hours worked by each partner are key drivers
• The key underlying success drivers – these could be letting employees explore new ways of working, development of added value customer service , or simply allowing staff to spend time seeing how they could do things differently
• There needs to be a vision. This is the underpinning basis for why you are in business . As an example Coca Colas vision at one stage was to have its product within a specified distance x metres of over a x percentage of the worlds population.  

One Page Business Plan To Improve Your Business Performance

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