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A business planViews: 246
Jul 19, 2007 8:55 am re: A business plan

Inger V. Johannessen
Hi Mike,
I totally agree that one needs a business plan, and all the elements that you have listed; i.e. if you have a large business/cooperation.

As it is, I believe most of us here have smaller businesses. This does not mean that we can be without plans, on the contrary. Smaller businesses need very much plans.

These business plans should have actions plans implemented. And they should be reviewed at a monthly or weekly basis, depending on what kind of business one is in.

As Scott W has posted, things change quickly in some forms of business. This indicates that you Scott W should have plans that can be reviewed and easy to change on a weekly basis.

I use a monthly business plan/action plan; broken down to 4 weeks with a budget for what is to be achieved, and I review after the period to see if I have achieved budget, and use the results to plan for the next month/4 weeks.

As Reg has pointed out, a business plan used in conjunction with an action plan, will help us to see how we progress.


Inger V. Johannessen, Certified Independent Product Consultant


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