Business Startup Australia: Business Plan

 Planning Your Business –  Prior Proper Planning and Preparation Prevents Poor Performance.

Business Plan.  There are a couple of versions of the 7 Ps but you get the point. Careful planning is essential to the success of your business. You should always review your plans, revise them as necessary and don’t be afraid of going back to the drawing board, it is just part of the process. Make revising your plans an ongoing business activity.

When we hear the word plan, the first thing that comes to mind is a business plan. There are actually a couple of plans that you might need to develop; a business plan, a marketing plan, an export plan, a succession plan, an emergency management and recovery plan … etc.

Don’t worry if you have never had to create any of those plans. Maybe you have never even had the chance to see any kind of formal plans before and that’s fine. Lucky you, the internet is full with everything you need, templates, plan guides, business advisors … etc.

Business plan comes on the top and that’s why we are going to talk about it here and then leave you with a few links that I find amazingly useful to develop it along with other plans.

Business Plans:

A business plan is simply putting your ideas about how your business is going to work and what exactly are you going to do to make it happen on paper. Surprisingly, you can actually write your entire business plan on one page. As you will see on the templates provided, it is not that difficult to develop your own business plan if you learn how.

Your business plan consists of a group of sections and one of these sections is your marketing plan which I thought is worth mentioning to clear any confusion.

You should also remember that a business plan is a dynamic document that you maintain and change regularly as the market changes and new opportunities arise.  Business plans are not only for starting a new business like yours, they are also very important for running your business later.

As a start-up business, your business plan needs to focus on explaining what your company is going to do, how it is going to accomplish its goals, and—most importantly—why you and other founders are the right people to do the job.

A tip: Start with a plan from a similar industry to your business, don’t look for an exact match because you are probably never going to find one. Use that plan for ideas that you might have not considered for your business but make sure that what you write is the right plan for your specific business.

Here are a couple of places to start with;

Business Plan Template and Business Plan Guide:

http://www.business.gov.au/business-topics/templates-and-downloads/Pages/default.aspx 

Business planning tablet app, MyBizPlan:

http://www.business.gov.au/business-topics/templates-and-downloads/business-apps/Pages/default.aspx

Business planning videos:

http://www.business.gov.au/news-and-updates/business-videos/Pages/default.aspx

Marketing plan template & guide:

http://www.business.gov.au/business-topics/templates-and-downloads/Pages/default.aspx

Marketing plan tablet app, MarketMyBiz:

http://www.business.gov.au/business-topics/templates-and-downloads/business-apps/Pages/default.aspx

Succession plan template & guide:

http://www.business.gov.au/business-topics/templates-and-downloads/Pages/default.aspx

Emergency management & recovery plan template & guide:

http://www.business.gov.au/business-topics/templates-and-downloads/Pages/default.aspx

“A good plan violently executed now is better than a perfect plan executed next week.”  George S. Patton

We wish you the best of luck with your venture.

Australia-Unwrapped Team

Ensure you get the most from our business start-up advice follow the complete series

Part One - Business Startup Australia – Introduction
Part Two - Business Startup Australia: Getting Help and Support 
Part Three - Business Startup Australia: Business Structure
Part Five - Business Startup Australia: Obtaining Finance
Part Six - Business Startup Australia: Registering Your Business
Part Seven - Business Startup Australia: Registering Business Name
Part Eight - Business Startup Australia: Understanding Australian Taxes
Part Nine - Business Startup Australia: Home-based Business
Part Ten - Business Startup Australia: Online Business
Part Eleven - Business Startup Australia: Employing People
Part Twelve - Business Startup Australia: Workplace Health & Safety
Part Thirteen - Business Startup Australia: Online Marketing
Part Fourteen - Business Startup Australia: Securing Your Online Business
Part Fifteen - Business Startup Australia: Importing 
Part Sixteen - Business Startup Australia: Exportation

Main Image Source : Pixabay

Aly GadElmoula

My name is Aly GadElmoula, I’m 33 years old businessman living with my lovely wife, Wafaa, and my beautiful daughter, Nermine. I have spent more than 11 years of my life studying and working in the field of IT, Information Technology, but I’ve recently changed my career to teaching English and got myself a nice frame for my CELTA, Certificate in English Language Teaching to Adults. I hope by telling you this you will be able to see how much I love English. I love reading it and I sure love writing in English especially in the fields of technology, psychology and business. I’ve recently worked as a business consultant for a number of websites in India, USA, UK and Australia. I’ve also written some exciting e-books with one in particular that I’m really proud of, The Definitive Guide to Becoming a Freelance. “The freelance writer is a man who is paid per piece or per word or perhaps.” Robert Benchley

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