Internal Business Plans-A Guide
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Transcript of Internal Business Plans-A Guide
![Page 1: Internal Business Plans-A Guide](https://reader035.fdocuments.in/reader035/viewer/2022070302/54809b95b4af9faf158b5e18/html5/thumbnails/1.jpg)
Internal Business Plans
A guide from Wisteria Chartered Accountants
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Would you get in your car and drive off on a long
journey without a map?
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Definitely not.
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So...Developing a plan for the future and identifying the steps to get there is essential if your business is to have a chance of success.
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So what are you really going to get out of an internal
business plan?
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1. It helps you to define your business goals
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2. It helps you understand better how all the areas of your business work and
can contribute towards your goals
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3. It helps identify any “blockages” and define a strategy to eliminate or work
around them
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4. Assess the strategies that you are currently adopting and
determine if these should continue to be followed
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So who develops the internal business plan?
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This requires the input of all major stakeholders...
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• Managers and staff
• Investors
• Others including customers and suppliers
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Often a business plan consultant will facilitate the development of the plan
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How should an internal business plan look?
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There is no set format and no two plans are ever the same
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However, the plan should be...
• Detailed in the areas requiring detail (such as financial plan or marketing plan etc)
• Focused at problem solving and planning your business’ future.
• Analytical and forward thinking
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The plan outline can normally be completed within a day
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Writing up and presentation can take another day.
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Where can I go for more information?
Wisteria’s business plan experts can help you no matter what stage your
business is at. For more information visit:
www.wisteria.co.uk
Or contact us on:020 8952 0140
Email [email protected]