Building a house requires a plan and that plan needs to incorporate all the things in the design that you want it to have, so that when it’s completed, it is the house that looks and feels and works just as you designed it. The same applies to creating a simple business plan.
Creating a business plan
Starting a business requires the same level of planning and I always ask that a business owner views the ambition/goal/dream for their business in the same way, what do they want it to be, look like, have, represent. This encompasses everything from product to culture, from location to team, and from profitability to CSR. Vital points to consider when putting together a simple business plan. Many business owners have in fact simply created a job for themselves, and not a business that’s going to eventually be their ‘finished house’.
The statistics for SME business make fascinating reading, not only do we make up over 95% of ALL business in the world and employ over 60% of ALL private sector employees, we also exhibit a failure rate that is breathtaking. More than 50% of ALL SMEs across the world don’t survive the first 5 years in business.
Why are the failure rates so high you may be thinking, the answer is in 5 simple things: No simple business plan, Lack of cash(flow), No lead generation strategy, Poor hiring decisions, Lack of customer care.
If you are a business owner that wants help to ‘build their house’ or to design their house, or to sell their house, then chances are you need the help and support of a Business Coach. I work with startups all the way through to those looking to exit a business and can promise to be your ‘unreasonable friend’ on the journey. I will guide you to creating a simple business plan to help you on your growth journey.
Book your free coaching session here
