A successful business plan is important because it outlines the road that a company should take to provide stable growth. Here are four helpful steps for successful business planning.

1. 4 STEPS FOR NEW
YEAR BUSINESS
PLANNING
O F
SWOT ANALYSIS
swift.excitem.com
Determine the strengths and
weaknesses that your company has,
as well as opportunities and threats
existing in the environment.Knowing
what competitive, political and
economic factors may influence your
business, what strengths it has on
which to build a future plan and what
weaknesses should be abolished will
arm you with a knowledge for a great
new year business planning.
GOAL SETTING
BRAINSTORMING FOR
STRATEGY
BUDGETING
Clearly define what you want to
reach in the upcoming year. Set
SMART goals and objectives,
which means they should be
specific, measurable,
attainable, realistic and timely.
Meanwhile keep in mind your
business vision and mission:
why did you start your business
and what you want to
accomplish.
Once you have determined where you
want to go, it’s time to develop a set of
tactics to get there. Organize
brainstorming session with the
employees to establish an effective
and rich strategy. for that use
appropriate tools such as Swift Polling
to let employees send their feedback
through web or text with their devices.
This online poll maker enables to show
the results in real time and kick off a
discussion.
Create a budget to control your
finances, allocate resources
where they are needed and
meet your objectives. Work out
what you are likely to earn and
spend in the upcoming 12-
month period. To make it more
controllable, be more specific
and divide your expenses
based on time periods and
departments.