Companies that create and follow a business plan grow 30% faster than those that don't. But writing a successful business plan is a defined skill and takes concentrated effort. This fast-paced session provides a step-by-step process from defining your mission, to creating your objectives and tasks, to building, applying, and monitoring budgets. Business plans are not wish lists. They are tools that create conversation, buy-in, direction, and accountability. Using the Six Qualities of Successful Business Owners discussed in this session and pairing them with a comprehensive SWOT Analysis, participants will be able to go back to their office and craft a comprehensive and customized strategic plan to take their company, team, and themselves to the next level.
After this session, attendees will be able to:
1. Define a mission, vision, values, and objectives for their company.
2. Identify short-term targeted approaches and action items to achieve yearly objectives.
3. Develop and monitor budgets using ratios and benchmarks.
4. Assign and track responsibilities to appropriate team members to achieve maximum buy-in and results.
Ideal Audience: Owners, GMs, and divisional managers.
Level: Intermediate