Business Development Action Plan

Business Development Action Plan-40
For external parties, such as investors, partners, and customers, your mission can inspire them to take the actions you want.

For external parties, such as investors, partners, and customers, your mission can inspire them to take the actions you want.

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For example, a basic KPI such as Total Sales is critical for understanding if the company is performing well. For example, if sales are affected by 1) number of visitors to your website, 2) number of visitors who complete a contact form, 3) number of proposals you issue to these leads, and 4) the proposal closing ratio, then each of these KPIs should be tracked.

Then, if for instance, the number of visitors to your website decreased, you would know and fix this immediately, rather then waiting until sales plummet later.

More specifically, that they clearly state what you are going to do and how doing it will help you achieve your objective.

For instance, if your goal was to increase your client workload within 12 months, a strategic initiative would be: You can see that this strategic initiative easily ties back to your overall objective and vision. Although this is the last step in the action planning process, it is one of the most important.

So, it’s critical to identify the KPIs you will track in your business and list them in this section of your strategic plan.

Click “next page” below for sections 7 to 13 of your strategic plan or here for the proven strategic plan template."A strategic plan is a roadmap to grow your business.

Then work backwards two more times to determine your goals for the next quarter and the next month.

Ideally you update you strategic plan monthly to modify this section.

A strategic plan is a roadmap to grow your business.

To help you succeed, use this proven strategic plan template, and the information below details the 13 key sections you must include in your strategic plan.

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