Businesses of every type should have a business plan. Don’t think you can skip by on this important step because you offer a service instead of a physical product. Every business can benefit from a business plan with the aim of accelerating their business.
Purpose
When you create a business plan you need to focus on the reasons for the business: Who do you serve? What services/products do you provide? Why did you start your business? How have you blended all these things together to create a prosperous business?
These are the primary reasons why you started and currently have your business and these reasons should always be at the forefront of your mind when making decisions.
Something else to focus on is your big dream. How much money do you want to make over the next 3-5 years? Do you want to sell multiple products or have several locations? Everyone’s big dream will be different, but you should write it down as part of the plan.
Plan
Think of your business plan as a mountain. Your mission statement is at the base of the mountain while your big dream is at the peak. Everything in between is what you need to plan, and these steps should also be incorporated into a business plan.
What services or products do you want to create? How often do you want to produce a product? How can you implement some passive income or affiliate income into your business? Are there any speaking engagements or online summit opportunities that will expand your reach and your followers? What can you add to your sales funnel for those not yet ready to commit to coaching?
Action Steps
This is where your planning steps are broken down into smaller, actionable steps. For example, instead of just saying I want to write a book, break the process down further. How much time can you dedicate each day to writing? Do you want to self-publish or find a publisher? You’ll need to hire an editor and someone to design the cover. These are actionable steps that can easily be crossed off your to do list once completed.
Don’t be thrown off here. You don’t need to plan 5 years’ worth of action steps at one time. The idea is to plan a year at a time, keeping your focus in mind, so that the action steps become a roadmap or a blueprint to your big dreams.
If this seems like a daunting task, then it’s time to work with us to develop your Business Accelerator Roadmap that will organize your big vision, goals and what the next steps look like to propel your business forward.
Save your spot for a discovery session at this link – https://bookme.name/LENICASTEPHEN/lite/business-accelerator-vip-day-consultation-session
Looking forward to connecting with you!
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