Business Planning Flashcards
What is a Business Plan?
A business plan outlines goals, strategies, and financial projections to guide a company’s operations and growth.
What is your company’s Business Plan?
Performance, objectives, strengths
Weaknesses, opportunities, threats
New services, marketing
Purpose: sustainable places
Vision: progressive, talent nurturing
Achieving Vision: growth, satisfaction
Continual development, empowerment
Happiness, inclusivity, teamwork
New ideas, opportunities
Aims: outstanding service, support
Opportunities: changing ways, digital revolution
Net zero carbon agenda
Contribution to society
How is this reviewed and presented?
Resource allocation discussion
Project progress updates
Cashflow forecast presentation
Growth strategies discussion
New client, opportunities updates
Recruitment, bonus scheme review
Team building exercises
What financial performances are presented?
Clear, measurable growth objectives
Market share increase
Service expansion
New sector entry
Winning new clients
Timelines, resource allocation
Cashflow forecast, fee analysis
What are the strengths, weakness, opporunites and threats discussed at these meetings?
Strengths: Specialized expertise, strong client relationships.
Weaknesses: Limited staff capacity, dependence on few clients.
Opportunities: Expansion into new markets, emerging technologies.
Threats: Economic downturns.
