you will have to develop a Strategic Plan for your own future business. Please perform the following tasks:
Task 1: The Executive Summary
Outline your plan for the business and its direction. It should be written in a way that enables employees, stakeholders, investors and other interested parties to quickly grasp the concepts, even if they don’t understand the industry.
Task 2: Mission Statement
Describe what you bring to the world. It’s who you are and why you do what you do. In the statement, go into more detail than you did in the executive summary, focusing on the overarching goals and themes for your company.
Task 3: SWOT Analysis
Outline the strategies you’re going to use to take your business in the direction you want it to go, and identify what might stand in your way.
Task 4: Goals
Identify a series of goals for the company. Make sure your goals are SMART: Specific, Measurable, Achievable, Reasonable and Timely.
Task 5: Financial Plan
Outline the finances that will be required for you to meet your business’ plans and goals.
Task 6: Target Customers and Industry Analysis
Take an in-depth look at the state of your industry and the people – clients and customers – who you serve.
Task 7: Marketing Plan
Outline how you intend to present your company to the market and what your goals and projections are for increasing your customer base or reaching the next level.
Task 8: Detail each strategy
Detail each strategy with an assigned priority, a timeframe, responsible parties and measurable performance indicators.
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