Every business should have a business plan. Please ask for a copy of our ‘Business Plan’ Focus sheet if you don’t already have one.
But while a business plan typically sets out your plans and goals over a medium term of, say, five years, our One Page Plan takes your targets for the first year and breaks them down into a monthly plan.
Starting with your goals for the year, we first identify the key underlying drivers that determine the success of your business. Then we break them down into three separate areas: sales, finance and operations. Our plan measures the key aspects that really matter in each area on a monthly basis, and compares them to targets for that month.
“What gets measured, gets managed.”
Finally, the plan shows how measuring and managing these key areas will impact on the results for each month.
Our One Page Plan:
• Tracks the monthly progress of your business
• Commits management to regular meetings
• Prompts decision making and action to deliver results
And it does all this on a single sheet of A4 paper.
This sounds simple but it is really a very powerful business tool. It focuses on the key areas of your business and enables you to change any aspect that you are not happy with. Best of all it gives you an action plan and a means of measuring the effects of the change.