Business Plan Blogs

We’ve all heard the old adage, “know your audience,” right? Well, in the business world, this isn’t just advice—it’s a commandment. When we dive into customer demographics evaluation in business planning, we’re talking about understanding who our customers are on a deeper level. It’s about gathering data on age, gender,

When it comes to strategic business planning, understanding the ebb and flow of the market is like catching the right wave for surfers. We’re talking about Effective Market Trend Analysis for Strategic Business Planning. Latching on to the shifts and currents that could either catapult your business to success or

When discussing the bedrock of your business plan, understanding your market size is non-negotiable. It’s like setting sail without knowing the size of the ocean – sounds a bit risky, right? That’s why we’re here to guide you through conducting a market size analysis that will not just impress your

Embarking on a start-up journey is like navigating uncharted waters, where market analysis acts as your compass. Carefully analysing the market helps steer your business plan towards a path that aligns with consumer needs and capitalises on potential opportunities. As we break down the complexities, it’s crucial to recognise that

If you are making important business decisions in these challenging economic times, always consider the big picture. Making knee-jerk reactions to financial fears may cause you to shoot yourself in the foot.

I’m often asked about using templates to create a business plan. Are they a good option or not? To provide a well-rounded answer, I’d need to delve into specifics. Nonetheless, here’s a general take that might serve as a starting point.

If You’re looking how to make better decisions in an economic downturn, the first thing to consider is clear communication this is vital for any business plan, and while I typically shy away from jargon, there’s one term I can’t ignore for its value: “Fundamental Attribution Error.” This piece of

I am excited to announce that I’m developing a tutorial on the Accelerated Planning Technique – a simplified version of the “Create a Business Action Plan in a Day” workshop.

Business planning is crucial for any organization seeking growth and success in 2024. A key part of effective planning is setting clear goals and objectives. But what exactly is the difference between goals and objectives, and why does it matter?

Approaching business planning as a writing exercise often leads to writer’s block and fundamental errors from trying to describe something you don’t fully understand yet. Instead, think in terms of visually designing your business plan.