The document outlines a 10-step planning process that includes defining current business activities and status, external factors, goals and objectives, developing strategies to achieve goals, identifying risks and opportunities, refining strategies into plans and actions, forecasting finances, and finalizing and implementing plans.

1. The Planning Process
START: What are you planning and why?
1. Define your business activities
Discovery
(Current 2. Define the current status of the business
Situation)
3. Define external market conditions, competition, market position
4. Define you core GOALS and OBJECTIVES
GO
5. Develop STRATEGIES for achieving the goals and objectives
S
6. Identify risks and opportunities
Risk
Analysis
7. Develop a strategy for limiting risks and exploiting opportunities
8. Refine strategies into working PLANS and ACTONS
PA
Financial
9. Forecast costs, revenues and cash flow
Planning
10. Finalise, publish and implement plans
Implement
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