Business Plan Development

Phase I: Strategic Planning

Before work can begin on your successful business plan development - you need to focus on strategic planning.

Strategy development and business plan development overlap but they are two distinct processes. Strategic planning or strategic plan development is about choosing a unique market position and set of activities that will lead to superior profit. Business plan development is about how you plan to achieve your market position, with what resources, and with what milestones and outcomes. Once you have your strategy and product position very clear, you can proceed confidently to business plan development. A business plan allows you to attract resources (people and capital) and focus these resources on the highest value activities. However, don't consume resources on business plan development until your strategy outline resonates with key people in and outside your organization.

Your strategy will have a strong bearing on the success, profitability and value of your business. The problem is that many companies don't understand strategy and haven't had much success in consciously developing and executing strategy. The good news is that with a little effort and guidance you can become proficient in strategy and it can become a good friend that improves your success.

A well defined and documented strategy allows you to be clearer about what key activities will create differentiation and profitability. If your profitability is weak, have you considered whether your strategy is also weak? To put it another way, if you didn't strategize and plan to be very profitable …you may not end up being very profitable.

Next Stage provides a strategic process and toolset that delivers strong results every time. We facilitate a finely honed strategic process, over a period of time, that highlights the questions and goals that are important to you and your company and allows you to shape your future. We then assist you to manage and link the strategic initiatives to your overall management process. It works and it is powerful!

Next Stage provides consulting in Kelowna, Okanagan and throughout British Columbia. Contact us today for more information on our business plan development and strategic planning services.

“Armed with a good going forward strategy, and following his ongoing coaching, we turned our company into a multi-million-dollar profitable corporation.” Mike Kennedy, CEO Visual Statement (A Trimble Company)

Our Services

Create a Winning Team
Become an Employer of Choice
Increase Sales
Improve Profitability
Assess the Market
Improve Marketing
Create a Winning Strategy
Improve Operations
Finance my Company
Sell my Company
Acquire a Company
Engage a Business Mentor
Engage an Interim CEO
Build an Effective Board