This document provides tips for performing variance analysis, including tracking actual results, regularly comparing them to key drivers like price and quantity, understanding the root causes of any variances, visualizing variances using graphs like waterfall charts and tables, and taking action to adjust if needed.

1. Tips for a good Business Plan: Weekly Schedule
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Variance Analysis
# Date Topic
0 15-Mar Announcement
1 22-Mar Introduction
2 29-Mar Structure Business Plan
3 05-Apr Mission-Vision
4 12-Apr Goals - Values
5 19-Apr Good examples Mission-Vision
6 26-Apr Bad examples Mission-Vision
7 03-May Good examples Values
8 10-May Team
9 17-May Market Analysis: Market & Trends
10 24-May Market Analysis: Target Group
11 31-May Market Analysis: Competition
12 07-Jun Market Analysis: Suppliers + examples
13 14-Jun SWOT analysis
14 21-Jun SWOT analysis: Examples
15 28-Jun Marketingmix
16 05-Jul Marketingmix: Promotion - Top 10 on Twitter
17 22-Aug Financial Plan: Content + Assumptions
18 29-Aug Financial Plan: Definitions
19 05-Sep Action Plan
20 12-Sep Variance analysis

2. Variance Analysis
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Graphs
 Track your actuals
 Perform Regular Reviews
 Monthly
 Quarterly
 Yearly
 Compare versus your main drivers
 Price
 Quantity
 Material Cost
 Overhead
 Understand the root causes
 Visualize with graphs
 Waterfall
 Chart
 Tables
 Adjust if necessary
 Take action

3. Graphs - Waterfall
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Graphs

4. Graphs - Chart
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Graphs

5. Graphs - Chart
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Graphs

6. Graphs - Tables
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Graphs