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businesses tend to stop after the strategic plans have been laid out.But without having a way to achieve these goals, the initial planning that went into the first stages of building a business may have been for nothing.
If you have finished your Business Plan for 2014 (you have, haven’t you?
), no doubt you have a list of quantitative goals (new clients, new assets, new revenue) and perhaps you also have a list of what you want to do to get there.., your quantitative goals).
It is basically a list of tasks that need to be achieved, in order for the goals to be reached by the company.
For example, if a business says there is going to be regional corporation within year two, an action plan would list the different tasks that need to be done in order for the company to be regionally known.
Your small business is rudderless without well-defined goals.
When you formulate your goals, you need an action plan to achieve them. This can be done in the following way: Develop a Working Budget The next step to develop an action plan is developing your budget.
And why not include your support team in the process?
Here are five simple steps to help you get started actually accomplishing what your business plan said you wanted to do in 2014: With most of her 30-year career spent in the field as a Financial Advisor or Branch Manager, Susan Kornegay specializes in the client-facing side of the business, including business vision; core beliefs; client advice process & service standards; team development; business planning & implementation; business model transitions; and marketing communications & strategies.
For example, a city might use an action plan to communicate plans to improve a neighborhood with more green space, facilities, living streets and improved train service. View credits & copyrights or citation information for this page.
You need a good plan to put your strategy into action.