Business Growth

• Prepare a business plan for growth
• Business growth planning
• Guide
• Growth planning is similar to business planning. However, it focuses mainly on revenue generation or expansion, and the actions needed to achieve it. It considers:
• The current state of your business – including strengths, weaknesses and opportunities
• Where you want your business to be in the future
• An action plan and schedule to achieve your vision
• Creating a growth plan takes time, but it helps to keep your growth efforts on track and ensures that your company expands in a targeted and organized way.
• What is a growth plan?
• A growth plan is a granular, systematic record of ambitions for your business’ future. It sets out your business goals and targets, and clear strategies and tactics for reaching them.
• In contrast to a business plan, which focuses on a three to five year timeframe, a growth plan covers a shorter period, typically 12 to 24 months.