Business Plans

Every business plan needs to include long-term goals to set the direction of the company, and short-term objectives to work towards those goals. Ensure the goals you include are ‘SMART’ (specific, measurable, actionable, reasonable and timely).

Useful resources

11 tips for creating a long term strategic plan - 11 essentials from bplan.com for creating a thorough and effective strategic plan.

Tips for preparing a business plan from business.govt.nz.

 

Back to How to achieve Commitment 1
Back to Achieving the 12 Commitments

 

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Review Your Vision and Mission

Your company vision should focus on where you want your business to be in the future. Consider how you can incorporate sustainability. Make it publicly available and ensure all your staff are familiar with it.

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Business Finances and Reports

About budgets and financial reporting

Mismanagement of money is a common reason businesses don’t succeed. Ensure you have robust systems in place to budget and keep track of your finances, and provide information to help you make business decisions.

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Business Analysis Tools

Use a business analysis tool to assess your business and competitive environment

An analysis of your strengths, weaknesses, opportunities and threats is a great way to figure out what your business does well, and where you can do better.

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Understand your Risk Profile

What is a risk profile and why is it important?

Adequate preparation and cover for potential risk is vital to ensuring the economic sustainability of your business.

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