Strategic Business Plan DevelopmentModeling and Creating Your Business Future Through Strategic Business Planning
“In preparing for battle I have always found that plans are useless, but planning is indispensable.” – Dwight D. Eisenhower
What is a strategic plan? It’s a step-by-step guide, created by a business or organization, to map out how it will reach goals, and set a foundation so the entire company knows what will happen and what is expected of them. Essentially, it provides a “recipe” or of how to achieve a stated vision, for the chosen target market, and how a company serves customers consistently, effectively and profitably every single time.
• Business Plan Development
The Small Business Systems Co. offers strategic business plan development for businesses ranging from start-ups to ones that have been in busienss for years. Regardless of what kind of business plan you need a plan can be invaluable because:
- It helps keep you focused on what you’ve defined as your core business.
- It can bee seen as a recipe for what you want to “cook up”, the “blueprint” of the company you want to build or remodel.
- It helps you set goals, targets, and benchmarks that you and your personnel can then work towards fulfilling.
- It defines the financial budgets for the categories of your fixed overhead expenses.
The questions you need to answer in order to write out a plan are the key ones that
- Is there a market for your product or service?
- How large is the market?
- What percentage of the market can you reach?
- How can you reach the market?
- At what price can you attract customers?
- What will be the cost of attracting customers?
- How long before a profit is made?
• Strategic Alliances
For general contractors or construction managers to maximize their profit margins they must avoid the industry’s confrontational environment by working with Owners and subcontractors. The Small Business System Co. works with general contractors to develop necessary Strategic Alliances with Owners and subcontractors to create a win-win environment for all the stakeholders.
• Team Building
While Strategic Alliances focus on the stakeholders outside the company the team building process focus on the internal stakeholders. Companies are always saying that employees are their greatest assets.The Small Business System Co. can help you create a working environment that will maximize your employees’ contribution.
Leadership is the key to company success. Without it no company will succeed. Yet today’s complex business environment requires leadership at all levels of the organization not just at the top. The Small Business Systems Co. helps coach teams to improve the leadership quotient.
Some Suggested Readings On Digital Marketing…
The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Hardcover – September 13, 2011
by Eric Ries (Author)
Articles From Our NoteBook’s Business Planning, The Entrepreneur Mindset, & Startup Strategies Category
How to Create a Selling Price – by Business Makeover Expert Ellen Rohr — YouTube
While I have never met Ellen Rohr I have read all her books, listened to her podcasts, a viewed her lectures so I think I can consider myself something of a disciple. This popped up in my YouTube suggestions today and i thought I would share it here.
Are you (and your employees too) saving enough?
Are you (and your employees too) saving enough? There are a ton of startling chunks of valuable information in this article from the Motley Fool website: https://www.fool.com/retirement/2017/03/28/10-retirement-stats-every-baby-boomer-should-know.aspx
My Life as an Angel, Financial Plan Article | Inc.com
Getting It Right | Street Smarts by Norm Brodsky | Inc.com
Seth Godin On Failure,…again.
One of the topics that Seth Godin does a lot of talking about is "Failure" (one of my favorite topics too) and just how failure vitally fits into the business entrepreneurial process. Seth Godin: 'The Person Who Fails the Most Wins'
Inc Magazine: 13 Personality Traits That Can Keep You From Success
13 Personality Traits That Can Keep You From Success