The document discusses the importance of creating a concise business plan in 1 page or less. It notes that while business plans are important, too much time should not be spent on them. An effective plan clearly outlines goals and strategies in a simple format that can be easily updated and shared. Regular review and reflection on the plan is emphasized to ensure it continues to guide the business as it evolves.

1. Fast Track Your Way to Business
Planning Success

3. A Little Bit About Me…
ü Organisa(onal
Performance
Improvement
ü Workshop
Facilita(on
and
Training
ü Behavioural
Profiling
ü Personal
Development
Coaching

4. Why have a Business Plan?

5. Why have a Business Plan?

6. Why have a Business Plan?
Ø Provides
a
roadmap
for
success
Ø Gives
you
control
of
your
business
Ø Secures
finance
for
your
business
Ø Ensures
everyone
on
your
team
is
on
the
same
page
Ø Helps
avoid
big
mistakes
Ø Helps
manage
your
emo(ons
Ø However…

7. Don’t Invest Too Much Time in Developing a Business
Plan because…
The longer you plan, the longer you are not
in the marketplace

8. Need Further Proof?
Ø 21%
of
small
business
owners
claim
they
don’t
have
(me
to
write
a
business
plan,
yet
one
third
of
small
businesses
fail
because
they
lack
one
• Overall,
40%
of
small
businesses
don’t
have
a
business
plan
Ø Independent
studies
in
the
US
suggest
businesses
with
a
business
plan
enjoy
63%
higher
sales
growth
than
those
without.

10. What is a Business Plan?
Ø A
wriTen
document
that
describes
how
a
business
is
going
to
achieve
its
goals
Ø Defines
the
poten(al
costs
and
drawbacks
to
certain
business
decisions
and
to
help
business
owners
modify
accordingly
before
implemen(ng
these
ideas

11. What does a good Business
Plan look like?

12. What does a good Business
Plan look like?

13. K.I.S.S Principle – Use One-
Page Format
Why?
Ø Since
your
ideas
are
changing
all
of
the
(me,
it’s
easier
to
update
Ø It
provides
clarity
to
whoever
is
reading
it
as
important
informa(on
s(cks
out
Ø It
will
assist
you
with
your
pitch
to
poten(al
investors,
clients
Ø It
helps
get
your
team
onboard
with
the
company
vision
and
goals
Ø With
the
plan
having
very
specific
goals
you
can
create
a
straight
forward
strategy
around
each
of
them

14. Standard Business Planning
Process

15. Goal Setting
Ø Goals
are
statements
that
guide
companies
and
staff
to
meet
their
responsibili(es
and
business
needs
Ø Goals
are
important
on
many
different
levels:
• They
set
standards
for
improvement
• They
focus
ac(vity
• They
measure
progress
• They
connect
the
staff/team
to
the
organisa(on
• They
mo(vate
and
energize
• They
are
the
basis
for
decision
making

16. Goal Setting

19. What Then?

21. What Then?
Ø A
business
plan
is
not
a
document
you
create
once
and
store
in
your
boTom
drawer.
It's
a
living
guide
that
you
should
develop
as
your
business
grows
and
changes
Ø Test
drive
your
business
plan
Ø Share
the
business
plan
with
your
team
Ø Review
your
plan
on
a
monthly
basis

22. Useful Hints and Tips
Ø If
you
are
pitching
to
a
government
ins(tu(on
or
large
corporate,
a
1-­‐page
business
plan
won’t
be
appropriate
Ø Tailor
your
business
plan
to
the
audience’s
preference
Ø S(ck
to
key
words
and
short
phrases
Ø Use
the
1-­‐page
plan
to
build
yourself
and
your
team
a
to-­‐
do
list
Ø Ensure
the
business
plan
is
reflected
throughout
the
business
including
in
other
plans
(e.g.
marke(ng,
financial)
as
well
as
staff
performance
plans

23. Your Takeaways
1. Wri(ng
a
Business
Plan
makes
financial
and
emo(onal
sense
2. Don’t
spend
too
much
(me
wri(ng
a
Business
Plan
3. The
challenge
is
not
wri(ng
a
Business
Plan
–
it
is
pu`ng
it
into
ac(on
4. S.M.A.R.T
goals
-­‐
You
can’t
manage
what
you
can’t
measure
5. Monitor,
Review
and
Reflect
–
iden(fy
and
act
on
learnings
for
future

25. Christian Anderson Consulting
www.christianandersonconsulting.com
0403 913 213
info@christianandersonconsulting.com
ChristianAndersonConsulting
http://au.linkedin.com/in/ckmanderson/