Archive For: Business Planning

Business Planning For 2010

Given we are in December, I thought it a great time to look at what planning we, as business people, will be undertaking over the next month or so to get ready for 2010.

Are you going to do any planning? Do you take time out from your ‘day to day’ tasks to review your business at all? If not, WHY NOT?

Planning is key to business success! The one phenomenon I have observed in my business (and techie) career is that when we don’t take time out to look ahead and actually see where we’ve pointed our ship, we will often find a iceberg to hit.

I know that the term Strategic Planning can seem scary – but really, all it means is to develop a plan of action designed to achieve a particular goal. Read more

Do You Really Need A Business Plan?

What is the benefit of a Business Plan?  There is an awful lot of work involved in creating a Businss Plan – and is it really worth it?

Well, I think the proof is in the pudding!  One of the main benefits of a Business Plan is that it really can help clarify your thinking and planning.  I coach a lot of clients who are developing their business plans and I am always amazed at how their embryonic business ideas become solid and defined as we work through the plan. Read more

Do The Math – If You Want To Stay In Business

Managing your small business successfully comes down to a combination of things. However, in the words of one of my favourite Small Business Mentors – Madame Marketing (Sharon Tieman), there are two critical factors you need to consider. You need to be good at Maths and you need to be good at Marketing.

If you’re not good a Maths, you’re more likely to go ‘broke’ quickly. If you’re not good at marketing, you’ll go ‘broke’ slowly. Read more