Below we have outlined the 8 steps program to preparing a business action plan.
Step 1 - Analyse your business
Where your business is at the moment!
Step 2 - Analyse your sales
Break up your sales figures by product group or major products. Compared to last year are your sales increasing or decreasing?
Step 3 - Analyse your market
Do you know the total market sales & trends? Is the market a good growth market? Will external factors affect long term competitiveness?
Step 4 - Analyse the Competition
Step 5 - SWOT Analysis
Summary of your business Strengths, Weaknesses, Opportunities & Threats
Step 6 - Write the Plan
It will state how you intend to take advantage of opportunities and avoid potential threats.
Step 7 - Implement the Plan
Step 8 - Monitor the Plan
All activities should be monitored on a regular basis to make sure the business is achieving what was planned.
We are here to help you prepare your business plan and see it that it is monitored.