Be Different or be dead

October 7, 2013

Why an amazing business plan is ‘just about right’ and always changing

Source: Unsplash

Why an amazing business plan is ‘just about right’ and always changing.

A good business plan starts out with a specific goal.

“We will grow our revenue by 50% over the next 24 months by serving Pharmacies in Ontario. We will win their business everyday by being the ONLY company that grows THEIR revenue.”

Pretty specific. Growth goal defined. Target customers identified. Unique value proposition claimed.

We’re done, right?

Wrong. It’s just the beginning.

A business plan has to be alive.

Even though it is expressed in specific terms, it should be considered directional in nature, open to unpredictable events that might require it to change.

A good business plan is ‘just about right’ and always ‘in-motion’

If you consider your work done once you have articulated your destination, you are in a precarious and risky position.

Show me your business plan document.

Does it have coffee stains on it? Blood stains from a paper cut?

Notes scribbled all over it? Parts of it highlighted?

If ‘none of the above’ is your answer, your strategy is not in-motion.

And it probably is not advancing the way you expect.

A great business plan is just about right and always on the move.

Cheers,
Roy
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• Posted 10.7.13 at 06:45 am by Roy Osing
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