Monday, January 25, 2010

when writing a business or operating plan, remember...


The most important driver for almost any business plan (whether it's called a business plan, a sales plan, an operational plan, an organisational plan, marketing plan, marketing strategy, strategic business plan, or other department business plan) is return on investment, or for public services and non-profit organisations, is effective use of investment and resources.

It's crucial also to consider and incorporate corporate social responsibility, ethics, the 'greater good', etc, but for the vast majority of organisations, whether companies, public services, not-for-profit trusts and charities, all organisations need to be financially effective in what they do, otherwise they will cease to function.

Organisations need of course to be ethical and humane, and to have a sound philosophical foundation, but ultimately, to sustain any organised activity, the figures and finances have to add up. I say this because this website is a very strong advocate of ethics and humanity in business (not least because so many organisations still fail to acknowledge and genuinely prioritise these aspects at all), so it's important to emphasise this point:

It's essential to manage ethical and socially responsible aspects as part of the total mix of organisational aims, which necessarily must include the effective use of investment and resources, in whatever way the principle is applied for the particular organisation.

Commonly, when someone starts to write a business plan or operational plan for the first time (and for many people the umpteenth time), they wonder: what is the objective? Often when they ask their manager, the manager has the same doubt. Sometimes even company directors fail to appreciate that return on investment is the main driver for any plan, unless there's a very good reason for there being some other purpose.

The essential planning elements are identifying causes and effects, according to your relevant business drivers. In many good businesses a substantial business planning responsibility extends now to front line customer-facing staff, and the trend is increasing. In this context, the business plan could be called also be called a marketing plan, or a sales plan - it's all the same:

"What you are going to sell to whom, when and how

Business Plan Writing





  1. All the tools and resources needed to write a money attracting business plan.
    Business Plan Samples (12)
    Creating Your Business Plan Financials
    Your business plan financials are essential for lenders and investors who want to see hard figures before putting money into your business. Solid financials could help you get loans and attract investors, even if you aren't operating yet.
    Sales Forecasting for Your Business Plan: Know Your Numbers
    While conventional wisdom dictates that cash flow and revenue projections are the key to taking control of your business, sales will drive many of the other numbers. Sales forecasting is a key element of any business plan, which you must compose if you’re starting a venture or making significant changes within an existing business.
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source:http://www.blogger.com/post-create.g?blogID=777181476822452686


business plans and marketing strategy


slightly more detailed version is on the quick business/operational plan page. appear very complex but in essence it's common sense, and begins with some very simple business start-up principles.

To explore personal direction and change (for example for early planning of self-employment or new business start-up) see the passion-to-profit exercise and template on the teambuilding exercises page.

Planning a new business or business project must at some stage address a few financial details, and challenges and opportunities relating to modern technology, the internet, websites, etc.

However the techniques of how to write strategic business plans (or a strategic marketing plan) remain basically straight-forward.

Business planning and marketing strategy are mostly common-sense and logic, based on cause and effect.

Here are tips, examples, techniques, tools and a process for writing a marketing strategy, business and sales plans, to produce effective results. This free online guide explains how to put together a marketing strategy, basic business plan, and a sales plan, including free templates and examples, such as the Ansoff and Boston matrix tools. New pages are being added soon on advertising, sales promotion, PR (public relations) and press releases, sales enquiry lead generation, advertising copy-writing, internet and website marketing, in the meanwhile see the marketing tips page for free marketing and advertising techniques and advice.

source:http://www.businessballs.com/freebusinessplansandmarketingtemplates.htm