Strategic Business Planning

A Strategic Plan For A Successful Business

While a Strategic Business Plan is typically a tool used when obtaining financing, it can (and should) be used for so much more. When your plans and ideas regarding your business are only inside your head and haven’t been put on paper yet, it can be challenging to convey your company’s direction to the world. By having a well thought out and professional plan, you can keep key leaders, management, and staff all on the same page and focused on achieving the same goals together.

Why Would I Need A Strategic Business Plan?

A strategic business plan is critical if:

  • You are ready to start a new venture, create a new product, or offer a new service.
  • You are expanding a current organization, product, or service.
  • You are ready to expand your current business.
  • You are planning on purchasing a new business.
  • You are hoping to turn around a declining business.

Why Would I Need A Strategic Business Plan?

A strategic business plan is critical if:

  • You are ready to start a new venture, create a new product, or offer a new service.
  • You are expanding a current organization, product, or service.
  • You are ready to expand your current business.
  • You are planning on purchasing a new business.
  • You are hoping to turn around a declining business.

What Do I Get With A Strategic Business Plan?

When you get a strategic business plan from 4Corner, you receive a detailed blueprint for your company. It will describe your company, and it’s products, management team, business risks, financial health, and competitive environment. The plan allows you to:
  • Identify and describe the profile of your target customer, along with the benefits and features of your new business, product, or service.
  • Establish credibility that your new venture is filling a need, based on research.
  • Create a marketing plan that includes a full explanation of each targeted promotional campaign as well as timelines for implementation.
  • Additionally, you can explore sales potential, your customer demographics, competitors, market conditions, and the projected results of the campaigns.
  • Create plans for staff that identify key leaders along with the necessary skills and expertise required for success.
  • Formulate plans for management, including timelines and descriptions of the management systems that will be in place.
  • Create a financial plan for the first three to five years that outlines the projected startup and operating costs, profits, revenue, and break-even analysis.
  • Determine your space and equipment needs, along with the vendor options and cost estimates.
  • Identify company milestones and timelines for upcoming development for products and services.

Failing To Plan Is Planning To Fail

With a Strategic Business Plan, you can predict future problems and possibly prevent them altogether. You gain valuable perspective that may contribute to the success of your company and allow you to secure the funding you need.

Ready To Create A Plan For Success?

Contact 4Corner today to schedule a free consultation to discuss how we can assist you in developing a powerful Strategic Business Plan to drive your business toward success.