Selected Filters: Planning
Building your business may represent a lifetime of hard work. To get the full rewards, you need the right exit - both financially and as a manager.
Business planning is particularly important for businesses targeting growth. You need to be able to respond quickly to developments in what are often young and fast-moving sectors.
Your sales strategy identifies which customers your business is targeting, how you will reach them, and how you will convince them to buy from you. It sets out your sales forecasts, allowing you to measure performance and see opportunities to improve.
Poor time management causes stress, longer work days and can stop you meeting customer expectations. This checklist will help you get on top of your schedule.
Benchmarking compares the performance of your business to that of similar firms. At its simplest, it helps you to compare figures and control costs. More sophisticated benchmarking looks at process design and business strategy.
A SWOT analysis means looking at your business’ Strengths, Weaknesses, Opportunities and Threats, so that you can capitalise on what you do well and understand where you might be at a disadvantage.
A website lets you put your business in front of a global audience. It will help you find new clients, boost revenue, cut costs and build better relationships with both customers and suppliers.
You need to decide what you want your website to achieve, and plan how to make it successful.
Our helpful checklist will show you the areas to target when you’re trying to understand or reduce business costs.
Key performance indicators, or KPIs, can help you measure how your business is performing in particular areas, so you can track and improve this over time.