Crash Courses Business Plan Essentials: Heard horror stories of page business plans?
What should your business plan cover? A clearly written business plan should: What's the one page plan? It's also a practical way to record the outcomes of the planning process.
Elements of the one page plan Now analysis: In this section summarise your current situation.
You should be able to fit up to five points. Which four or five accurately describe your issue right now? What is your vision?
What is your competitive advantage? What are your key objectives? Summarise these elements in this section.
What are the three or four key strategies you need to work on over the next twelve months? These can be drawn from your SWOT analysis that you have done earlier. In this section, list what is to be done.
Normally you have about three or four actions. There's no need to put every step into the action plan.
Only list the strategically important ones. Lists when you aim to achieve the result and who is responsible for it. These should be in priority order and are critical for accountability.
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