About Business Planning
It is a fact that too few business owners plan well (or at all) so it’s no surprise that often times businesses fail, after all they don’t plan to succeed.
Perhaps one of the reasons that this occurs is an over complication of the process or a lack of understanding of any process at all.
Pick up a pen, approach a keyboard and a blank sheet/document and the first question arising is “where do I start?”
Of course with an Impackta plan the process is straightforward – read the question, have a think and answer the question. If there is an objective, goal or action tick the box and move on – simple!
Some rules to successful business planning;
- Focus on what you want (not what you don’t want (always a temptation))
- Keep an open mind
- Avoid dwelling on mistakes of the past
- Think big
- Focus on the end outcome then break it down
- Focus on easy wins for momentum
- Avoid being constrained by current resources
- Be bold – plan up to 5 years forward
- Involve all staff and supporting persons
- Be flexible – there’s always a way
- Make every objective, goal or action SMART (specific, measurable, achievable, realistic, time bound)
- Have fun – it’s your future your planning
The Impackta way is designed to boil everything down logically to the last three pages;
- Strategic objectives
- Business goals
- Actions
Another failing in the process is to create a plan that goes nowhere. It all comes down to taking action. So delivering on the plan’s objectives is vital to progression and ultimately success.
Enjoy bringing your plan to life by focusing on the first or next steps.
If you need any advice with the process of planning then give us a call.
Impackta - Perfecting the science of S.M.E
