Make Business Planning Your Roadmap to Business Success

Ichiban Commercial Solutions Procurement Advice and Tender Writing Business Planning


Learn more about business planning and how to develop a roadmap for your business growth and success. Read More

Make Business Planning Your Roadmap to Business Success

Business planning forms an important cornerstone of any business, big or small.  However, it is one of those areas where many businesses battle to get down and get their business plans done.

It takes time and can be a tedious experience. Yet taking the time to plan add incredible value to the success of business.

Proper planning creates the roadmap for business success and growth.

The internet contains many useful articles and free resources, examples and business planning templates. You have to find what works for you.

For us, the simpler the better.

What is a business plan?

It is a documented plan that describes:

  • your business – what you do, what your vision is and your business values,
  • why you need your business plan, what you want to do and how you plan to achieve this;
  • what sets you apart from your competitors and why are you uniquely qualified to succeed;
  • the market it operates in – who are your customers, your competitors and the products and services you provide to your customers,
  • your industry sector and what influences your industry sector;
  • your objectives, goals and targets;
  • the strategies you have in place to achieve these objectives, goals and targets;
  • what are the risks and how will you mitigate and manage these;
  • how to explore and optimise any opportunities;
  • your team, strategic and operational;
  • financial modelling.

Why develop a strategic plan?

Why you prepare and develop a plan depends on the reason why you need a plan in the first place.

However you do not drive a car blind folded – so why would you want to do this to your business?

Your focus for your plan can be, for example, to:

  • develop and focus your business strategy and focus;
  • take out a loan;
  • for insurance purposes;
  • apply for grants; or
  • find investors in your business;
  • develop a road map for business growth, scaling and expansion.

The complexity and level of detail will drive the plan and you can have different plans for different reasons.

But all successful businesses have a roadmap to success.

Who needs a strategic plan?

All businesses, big or small, should have a strategic plan and review their plan on a regular basis.

Without it, you will be “wandering aimlessly“.

That said – it is a plan for YOUR business and has to be unique to your business.

When to involve third parties?

We recommend to get assistance, when:

  • you have not done a strategic plan before and don’t know how or where to start;
  • you want to brainstorm ideas and different directions for your business;
  • when you require expert advice in a particular field, such as venture capital raising, branching out into other countries;
  • you have different business areas or departments involved in setting the business plan and you require a facilitator to manage the process.

However, you cannot outsource the responsibility, accountability and ownership of your plan.

What are the 5 benefits of business strategic planning?

  • #1. The process is a focused process whereby you determine your business end goal and you map the journey.
  • #2. The plan determines what actions and preparations you need to take to reach your end goal.
  • #3. Planning forces you to stop and plan but does not require perfection. Business is dynamic and fluid and therefore your planning has to take into consideration how you will adapt to the dynamic and changing business world.
  • #4. By doing planning, you determine and work through the different options available to your business to be able to grow and succeed. Business planning involves identifying and managing both risk and opportunities.
  • #5. Strategic planning takes the ideas in your head and turns it into concrete action. By documenting your ideas and opportunities and linking it to a concrete plan, goals and actions – you commence the journey to business success.

Links to free resources

To find great resources, you only have to google the term “business plan” or “business planning”.

The variety of free resources include:

Good plan road map Stanley Judd
Prepare not to fail Benjamin Franklin
Good plan today better than perfect plan tomorrow Patton
Planning options choice Winwood
Write Plan Napoleon Hill

Please note that we have no affiliation to any of these resources nor do we recommend any of them as such. It is a good starting point however when you have to bootstrap or have to get some ideas on where to start.

Are you still stuck or lost in finding your way?

We have done strategic development and planning for many years, both as part of large corporates and small business. To add to this experience, we also facilitate risk workshops and know how to include this as part of your business strategic growth plan.

We can assist you through a creative and engaging manner. We do not entertain sleepy or bored people in our workshops, we make sure everyone stays awake! Thus, you will even have a little bit of fun along the way.

You can have a look at our business capability packages or contact us today for further information.

About the Author:

Celia Jordaan has more than 30 years international and corporate experience and worked in the areas of procurement, tenders, supply chain, contract management, law and risk. She works with business of all sizes and industries, procurement leaders and teams to develop and implement strategies to boost business performance, make tendering easy and improve bottom line performance.

To learn more about Celia Jordaan, please click here.

For more information on how we can assist your procurement team, your business with tendering or strategic business development and planning, please send us an email today.

Ichiban Commercial Solutions Procurement Advice and Tendering Solutions Celia Jordaan

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