At Rosy Jeffery, as accountants and advisors, we recognise the fact that we have a duty of care to help our clients to run a better business.
Seven simple rules for Business Planning:
- It must be done EVERY YEAR. It’s simply best practice in business.
- Keep the Business Plan to one page (two sides).
- Have no more than four annual goals, with cascading 90-day goals and actions.
- Have no more than five KPIs (Key Performance Indicators) in the plan.
- Share the Business Plan with the team (sanitised for sensitivity if needed). Link their career goals to the Business Plan.
- Make progress towards the Business Plan highly visible to the team. Celebrate success along the way.
- Review the Business Plan at least quarterly.
