I have a new and interesting instalment for you to read today. A little insight into how we manage our business planning process and create a business plan.
The trick is not to get caught up in the day to day activities of running a small business, don’t let be bigger picture become obscured. Everyone has their own roles to play. Be it application development oe securing new contracts to keep that fundamentally important cash flow rolling. There is also office management, company administration and various other tasks. As a director of a start up, it’s not just about what’s going on right now, we have to keep looking forward. We keep the company pointed toward our loftier goals and expectations.
The Business Plan
Enter the business plan, often confused with that obscure document is done at the beginning of a business to define the basic operational strategy, you know, the one that’s in a shared folder somewhere that nobody has looked at in 6 months. No, the business plan is those ideas that pop into your head while you’re in the shower, or supposed to be asleep. The business plan should be a fundamental guide to how you’re doing things and how to do things going forward.
Those exceptional ideas that come to you in the shower, how do you get other people to understand what you’re thinking? Maybe write it down? Where does it go? In the business plan of course. We’re creating structure out of free thought and innovation like only an entrepreneur can do. Cut out the monotony of the template you found on Google, it’s not supposed to be something that you have because someone said that’s what businesses do. It is your thoughts and your plans documented.
Once you understand your business, you start to formalise it into something the rest of the business world might understand. Use the tools and guides that are freely available on the internet and do it right.
The Kusasa business blog is authored by Kusasa Information Systems (Pty) Ltd managing director, Craig Baker. All information contained herein represents his personal opinion. Kusasa and/or Craig Baker do not take any responsibility for inaccurate or outdated information contained herein. If you are going to re-post or reuse any information on this page, please reference the original.