A Proven Business Planning Planning Process
As a result of 20 years in business planning, I finally realised the key ingredient that determines the difference between a poor business plan and a great business plan.
"The difference is the use of a proven planning process"
Many business owners turn to either a template or software to assist them with creating a business plan, but where do you start? How do you create a consistent and holistic plan from a template? As a consultant I have seen many terrible business plans created this way. Inconsistencies between plan elements are often immediately visible on a quick read of the document.
The most logical place to start business planning is by using a tried and tested business planning process. This ensures that the resulting document structured and well reasoned.