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I am creating a business plan to help me get my product to market


With your market know-how and “pitch” to clients now clear it’s time to really commit to numbers. By identifying your key business drivers and estimated cost relationships you should be in a position to build your spreadsheet business plan  for the next 3 to 5 years. Make sure you do not go excel crazy and end up being larger and more profitable than Microsoft.

Refer to our article on strategic planning 5 year goals to help you decide where you want your business to get (you) to over that time. Use these guiding goals to shape your operational business plan as well to ensure you meet the goals you have created. Use the business plan as it is meant as a business tool to manage your growth, not as a paperweight or doorstop.

Your business plan should contain a realistic cash-flow and some thought on how you will get the funding required as well as how you propose to exit your business when the time comes.

Related Expert Articles

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    • Action Time

    • Action Time When meeting with clients I often ask for a look at their current business plan. In many cases I see the manager/owner reach up to the hi..
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    • Business Plan Planning

    • Your business plan is arguably the most important document that your business will ever create. So why, oh why, do so few businesses take time out fro..
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    • Customer Centric Business (Plan) Success

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If you are at this stage of your business and would like to engage an expert from the Innovation Centre to help you move your business to the next stage, click here to complete an enquiry form and one of our team will contact you.

Helpful Links


SmartLicence
www.business.qld.gov.au/smartlicence

Access information on Local, State and Commonwealth government business licensing permits and registrations. The personalised service allows for lodgement, payment and processing of the most common licences and business name registrations.

Business Resource Centre
www.business.qld.gov.au/resourcecentre

Offers a range of products and services that can assist you with your business planning. A business planning and information kit - PlanSMART, can be tailored to your business and industry.

Fact Sheets
www.business.qld.gov.au/factsheets

These fact sheets cover a wide range of issues relating to the start-up and operation of a small business, including business planning, finance, working with people, marketing and operational management.