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How to develop strategic business plan

Last Updated: May 6, References Approved. With over 15 years of experience in accounting, Keila specializes in advising freelancers, solopreneurs, and small businesses in reaching their financial goals through tax preparation, financial accounting, bookkeeping, small business tax, financial advisory, and personal tax planning services. Keila spent over a decade in the government and private sector before founding Little Fish Accounting. There are 15 references cited in this article, which can be found at the bottom of the page. This article has been viewed 49, times. A business plan is a document that provides an overview of your current business, outlines the results you want to achieve and details the steps you will take to achieve them.
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How to Create a Strategic Plan [ 18+ Templates to Download]

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How to Develop a Strategic Plan for Business Development [Free Template]

Your mission statement will be a reminder of your core competency and your vision statement will guide your goal creation. Include this in your business plan as a reminder for your audience as well. Look internally and to the market to put together a list of your strengths, weaknesses, opportunities and threats. Then decide which elements are worth your focus and will return the best outcomes. Consider bringing others into your SWOT analysis compilation as they might have perspectives different from yours. Your goals should be specific. Strategic workforce planning should be part of your business planning.
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6 Steps to Make Your Strategic Plan Really Strategic

To fix that, try a six step process: first, identify key stakeholders. Second, identify a specific, very important key stakeholder: your target customer. Third, figure out what these stakeholders want from you.
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