I know most of us, have dreamed of having our own business. But dreaming to have a business is very different from planning to have one. And there are a lot of things that we should consider when planning for a business. For sure, you already thought of all the things that you need to do if you want to achieve this goal.
As an experienced business adviser, my role is to assist people and entrepreneurs in structuring or organizing their plans to have a business and making sure they succeed. So here are the guide questions that I often ask to our clients. If my clients are unsure about how to answer these questions, I make sure that I am there to help:
What does success mean to you?
Success is a positive word. And everyone of us wants to have it. But it is not easy to attain, especially if you don’t have any idea on what it is that you want to achieve. You can’t just say you want to be successful – successful on what? Successful in your chosen business?
Yes, we all want success in business. But what kind of success? Success in number of sales or hitting the sales quota? Success in the number of leads and opportunities? Success in acquiring million dollars?
Once we are able to identify the meaning of success, it would be easy to structure or strategise your business plan. Because this meaning of success for you will guide you of what you need to do.
Where do you want to be in the next 12 months? or in the next 3 years?
One of the major factors in making business strategic plan is setting a definite deadline in achieving it. You can’t just plan with a timeline. A timeline is what will determine the effectiveness of your plan. It will also be your guide for you to know if you are doing a good job or if you are on the right direction. Timeline is very critical in business planning.
What do you want your business to look like?
Not all businesses are alike. They follow a specific models that is applicable to their business. As a business owner, you should visualize what kind of business do you want to build. If you don’t know, we, as business advisers, will help you in structuring the kind of business that is most applicable to you.
What is your exit strategy?
When you decide to have a business, be ready for setbacks that you will encounter along the way. Having a business is not easy. We have to be open for possible challenges that will threaten the success of our business. There are also risks that we need to take. And one of the things that we need to do to avoid, if not totally eliminate these challenges is to be prepared. We have to have an exit strategy in case things didn’t work out. If you don’t know how to start your business strategy, you can go to us and we will assist you on the best course of action to take. We, at Launch Accounting & Advisory, give FREE business consultation to assist business people and entrepreneurs in Brisbane, Mackay & all over Queensland.
These are just some of the guide questions that will lead you to create an effective business strategic plan. But answering these questions is not enough. As your trusted business advisers in Brisbane and Queensland, we can help you throughout the way.
Business planning is just one of the many services that we provide for our clients. If you are interested with our services or if you want to launch your business to the next level, contact us today at 1800 959 862 or [email protected]