Business Plan

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How are you changing your business to stay competitive in an increasingly oversaturated and challenged marketplace?

Welcoming change

Assuming that you will continue to be successful simply because you have been in the past is very unwise. Regularly revisiting and updating your business plan can help remind you of the changing market conditions and the need to respond to them. An up-to-date plan helps you identify what action you need to take to change your business and the way it operates.

What value do you deliver to your customer?

What key activities do you have to do to deliver the Value Propositions? What Key Resources do your Value Propositions require? (Physical, Intellectual, Human, Financial). By working the predicted outcome of each of your activities, the performance can be monitored.

Cost Structure and Revenue Streams

What are the most important costs in your business model? For what are the customers currently paying? How are they currently paying? Planning ahead helps you anticipate your financing needs. Identifying the key drivers of growth is a good way of understanding what to prioritise.

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