Business Planning
Well the 2018 financial year has begun. At this point you should know your profit for 2017, and also have an idea of the profit that you will earn in 2018. If you do not have these figures in mind, then you need to work it out.
We cannot emphasise enough how important it is to know where you are and where you are going with your business. Even if you feel that you are snowed under by the pressure of running your business, you must make time to sit back and look to your future.
You cannot allow your business to control your life, you must control your business so that you can have a life!
Plan your work, plan your people, plan your holidays and plan your money. There are no easy rides in business these days. Your business will not be efficient and successful unless you do you planning, follow that plan and be prepared to adapt to changes quickly.
You do not have to re-invent the wheel to do a business plan, there are plenty of websites that will give you ideas and guidance, try these for starters: –
https://www.business.gov.au/Info/Plan-and-Start/Templates-and-tools/Business-Plan-Template-and-Guide
Look through our people profiles, are there people there who might be of help, if so call us now, but otherwise find someone who can help you to focus on development of your business.
Get a business mentor, even if they are just a sounding board for your ideas. Just sharing these ideas can focus your attitude and attention towards making 2018 a more efficient and thus more profitable year. No-one knows more about your business than you do, but an independent person may well bring in ideas that are useful to you in going forward. Choose a friend or family member to listen. Do not worry that they are not business minded, you will be surprised at how just sounding out and sharing your ideas can help you to develop them.
If you need specific business development advice, then make the investment and call in a professional. Your business deserves it!
