Having a plan is what allows you to focus your team and you on a common set of goals in the new year.
So how do you go about this? It is not complicated and you do not need an elaborate 10 page business plan. Below are the key items to work on:
- Decide what you want to achieve. Do you want to grow revenue, increase profit, etc.? I would suggest building projection to determine what impact each of these will have.
- Decide on the 2 or 3 things that will impact what you want to achieve the most.
- Determine what resources are required to implement these plans. Who is going to do it (do you need to hire?), is there technology or other equipment required? What is the cost?
- Communicate it to your team and begin!
