When was the last time you checked your business plan? Most business owners have a plan but are not actively using it. With a business plan, it’s easy to see where your business is heading and how your day-to-day operations should look like. When you utilise your business plan, you don’t have to struggle with setting goals and achieving them.
For this week’s podcast episode, Barry and Miranda discuss the definition and importance of a business plan. They also explained the three main components that will help you create your plan. They talked about establishing key performance indicators and having a 12-month goal to determine your success for the end of each year.
With this information, you can grow your business and get ahead of your competitors. Stay tuned for today’s episode!
What’s Discussed in This Episode:
0:00 Introduction
0:26 Initial experience making a business plan
2:13 Importance of a business plan
2:46 What is a business plan
5:19 Create your mission, vision, and values
7:20 How your vision influences the way you run your business
8:04 What is the target of your business
11:22 How to implement the ‘why’ and ‘what’ of your business plan
12:04 Make a 90-day plan
15:09 Accountability
15:51 Simple steps to making a plan
Resources:
- Visit the Tradie Business School website (https://tradiebusinessschool.com/)
- Join us on our Facebook Group - Game Changing Tradies and Contractors
- Download the free book THE PATH TO FREEDOM by BARRY WILLIAME MAGLIARDITI (https://www.pathtofreedom.com.au/freebook)
You can also connect with us on Linkedin. For more podcast episodes, you may also visit our website. You can also listen to the Tradie Business School on Apple Podcasts, Spotify, and Google Podcasts.
Thank you for tuning in!