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Business Planning

Courses suitable for either morning or afternoon delivery

Course fee: £350 - for up to 20 delegates
(Only £17.50 per person)

Half-day course profile

9:30 Introduction to Business planning:
Business planning is a management tool used in a systematic way for approaching future problems and overcoming them. It will always be a compromise between what the business wants and what it can actually achieve over a defined period.

9:45 The 5 characteristics of effective planners:
Creative thinking, use of a plan process, knowledge of the organisation, knowledge of the commercial environment, Coordination of resources.

10:00 The 7 major pitfalls of failed business plans:

  • Considering only one way to do things - plans need flexibility
  • Waiting too long - All the lights will never be green!
  • Not planning for setbacks - the ‘Good news only’ scenario
  • Unrealistic income forecasts - Usually overestimated
  • Inaccurate costs forecasts - usually underestimated
  • Lack of commitment - commitment is the glue that holds plans together
  • Failure to execute effectively - The major cause of planning failure

10:45 Tea and coffee break

11:00 The 8 step planning process:

  • Vision - What are we trying to achieve?
  • Environmental trends - Are things changing or likely to?
  • SWOT analysis - Strengths, weaknesses, opportunities, threats
  • Key issues - What does the plan principally seek to overcome
  • Critical success factors - Agreed targets, budgets, efficiency, outputs
  • Objectives - Specific, measurable, realistic, achievable and time-bound
  • Action plans - Set targets, list actions, assign responsibilities, monitor progress

11:30 Business Planning exercise:
Group exercise involving the use of real-life scenarios to produce an executive summary of a business plan for presentation and group review.

12:30 Question & answer session, Summary and close

Click here to contact us and and request further details about this course.
Or you can telephone us on 01524 793936

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Corporate training courses, stress management, time management, leadership development, negotiation, conflict resolution, communication skills, presentation skills, team working, one to one training, business planning, work-life balance for the Lancashire, Manchester and Liverpool areas.Manchester, Liverpool and Leeds based stress management courses. Work life balance courses. Employee motivation courses and team building for Manchester, Birmingham, Leeds, Blackpool, Preston and across the UK.

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