Business Planning Flashcards
What is Bidwells business plan?
Bidwells’s will transform its performance with an ambition for 90% of its team to deliver more than 12.5 % operating profit, while maintaining a sustainable 15-20% group operating profit. This enhancement in profitability will enable them to invest in high opportunity markets like Oxford science and tech renewables and natural capital. This will be achieved by developing our people and providing our clients with exceptional market knowledge.
How do you help meet the business plan?
By providing clients with expert advice and care on projects I have helped obtain repeat business by winning additional projects for Bidwells. This helps increase profitability.
What are Bidwells values?
Integrity
Teamwork
Energy
Responsibility
Fun
Excellence
What is Bidwells vision?
To become the country’s leading adviser in science and tech and sustainability. To enhance quality of life for communities
To provide the uks most sustainable and innovative property advice. Working with talented people and visionary clients to shape the future of our environment.
Why is it important to know what a clients business plan is?
If you understand their goals and business plan you can help them to achieve this by delivering a project that’s tailored towards this.
What are the three types of business plan
Strategic - is a specific strategy decided by a company to help achieve their overall goal
Departmental - isolates specific departments focusing on their specific performance to help meet their goals and objectives
Corporate - similar to strategic but the difference is is that a corporate plan guides a more complex company with multiple business units or subsidies. It describes where the overall business is headed and outlines a roadmap to get there.
What are the three levels of business management
Corporate
Management
Operational
What is a business plan?
A document that defines the business objectives and suggests steps to achieve the plan over the next few years.
Why would you create a business plan?
To help achieve funding
Set business objectives
Create business direction
What is included in a business plan
Method statement
Goals and objectives
SWOT analysis
KPIs
What is a mission statement
A formal summary of the company aims and values
What is SWOT analysis?
Internal study undertaken by a business to identify its strengths weaknesses opportunities and threats.
