Your Business Plan – the Who and the How
Your Business Plan - the Who and the How
Over the last few months, we’ve been writing a blog series on the topic of planning…why business owners avoid planning, the erroneous assumptions associated with it, and how to create a practical business plan that works.
This month we’ll dive a little deeper into the details and discuss your business plan-the who and the how of this important process.
Your Business Plan - The Who
Business planning shouldn’t be done by the business owner alone. You need the input and perspectives of others to make your business plan effective and useful.
Most importantly, teams tend to buy into a plan if they are involved in creating it..
Chances are you don’t work in the day-to-day operations of your business. You may not have direct contact with your customers or witness first-hand the challenges your departments are facing.
Your team will always have ideas you won’t think of, so including them in the planning process is imperative.
Any Who in your Whoville is fair game for your business planning efforts. Every company will be different, so you will have to decide what’s right for you. You may include only directors; or you might invite a few managers or a handful of frontline workers because they are closest to your business.
Your Business Plan - The How
After you’ve determined who should be involved, you must decide how you will get it done.
Should you plan a series of short meetings over the course of several weeks?
Should you arrange for a retreat, where you and your team can focus your efforts?
Do what’s best for you. You might not have enough support to pull your strongest managers out of the daily grind for several days at a time. If your team’s eyes glaze over when your meetings run past an hour, you may want to consider a series of shorter planning meetings. Or if you know your team works best when they can hammer the whole thing out, a retreat might be the most effective option for you.
The Process
The business planning process is all about delegation and accountability.
You and your Online Business Manager will come up with high level goals for the company, and delegate the execution of any new programs or services to the team.
- Let them get their hands dirty.
- Have them figure out together the best way to meet the goals you set.
Their input translates to pride, ownership, and accountability, which ultimately benefits your business’s ability to grow and scale.
When completed, your business plan will answer these questions:
Implementing the Plan
After the business plan is put in motion, the Online Business Manager monitors the plan weekly or monthly to make sure it’s fluid and being followed. The Online Business Manager can make any adjustments to the plan to make sure you meet your goals.
If you’ve yet to start your planning for 2022, you’re not off the hook. It’s never too late to start, and an Online Business Manager can help with your business plan - the who and the how. Contact Healthy Business Manager today for the kick in the pants you need to make 2022 your best year yet.
Ready to Tackle Your Business Plan-the Who and the How?
Contact Healthy Business Manager today for the kick in the pants you need to make 2022 your best year yet.
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