Business Plan Approach

Annual Business Plan Reviews. The business plan and goal setting that you completed as part of the application process will be a critical tool as you begin to build your business. This enables you to gauge your progress and to take corrective action when things don’t go according to plan.

7 Steps to a Perfectly Written Business Plan 1. Research, research, research. 2. Determine the purpose of your plan. 3. Create a company profile. 4. Document all aspects of your business. 5. Have a strategic marketing plan in place. 6. Make it adaptable based on your audience. 7. Explain why …

Business plans should be short and concise. The reasoning for that is twofold: First, you want your business plan to be read (and no one is going to read a 100page or even 40page business plan). Second, your business plan should be a tool you use to run and grow your business, something you continue to use and refine over time.

Business Plan Approach diagram