Business Plan Rules
Key indicators to measure
- Revenue
- Profit margin
- Gross profit
- Costs
- Expenses
- Bookings
- Deliveries
Management tool
- Real time monitoring
- Routine Forecasting
- Mid-course correction, redirection at any time
- Communication - loud and clear
Rules of the road
- Everyone sells
- Know the marketplace
- It's never too early to plan
- No plan works all the time - so change it!
Strategic elements of the Singular Vision business Plan
- Strategic Vision - starts at the top
- Tactical objectives - created by the management
- The plan is a performance contract with management and employees
- Market driven, clear, reasonable objectives
- Everyone knows their responsibilities
- Accountability creates success