What are your goals in life and business and what are you doing about reaching them?

What are your goals in life and what are you doing about reaching them …. that is a pretty powerful question.

You are probably trying your hardest but feeling overwhelmed or maybe you don’t have goals or possibly you have forgotten why you opened your business in the first place?

One of the most powerful tools is the One Page Plan, it is so useful that all business owners should use it to help drive their businesses forward and reach their goals.

The One Page Plan is exactly what it says – a business plan that fits onto a single sheet of paper.

The plan works from the bottom up with missions and goals, the business owner sets and articulates their goals and records these at the foot of the plan as constant reminder of what they are seeking to achieve.

Those goals determine the key areas which the business will need to work on if it is to achieve these objectives – these are the underlying success drivers.

The next step is to measure the key factors that directly affect sales, costs and cash flow, these are so important they have should have their own section in the one page plan.

Wherever possible they are lead indicators in that they help you understand what is going to happen in the future, i.e. just as the size of the order book helps you to understand and predict future sales. But in some cases they are unavoidably lag indicators, merely telling you what has happened already.

Finally you have the key results which are the consequence of everything below on the page. One point to highlight, remember profits are a consequence of the deceionson and actions you take.

The One Page Plan describes all the key factors which are behind the businesses success and maps them out in a logical way.

The Plan gives businesses an early warning system by systematically measuring all that is really important in a business and it also acts as a catalyst for flagging up action that needs to be taken. It is also a way to record and monitor your constantly updated action plan.  

If you want to meet your goals in life and business then a One Page Plan could be the answer.

Do you think your business can benefit from this process or even operate without a One Page Plan?

If you are looking to create a One Page Plan, contact your trusted, local accountant, John on 07961215994 or email [email protected]