5 Business Planning tips for 2019

5 Business Planning tips for 2019
  • Post category:Business Tips
  • Reading time:2 mins read

Grow your business with passion

Turning your brilliant business idea into reality requires a sound, realistic approach and a well-designed plan towards success.

5 Business Planning tips for 2019 1

1.Lay a solid foundation

From the day you start doing business, you should record and keep all the records of your transactions and business activities.This will make it easy for you to analyse your business; identify strengths and weaknesses, see if you are still in line with your goals or not.The more history you have, the more sell-able the company will be.

2.Have a strong business culture

A strong business culture will allow you to work together and keep everyone in the team happy.Align your business culture with your brand.Usually it is the role of the CEO to create a business ‘s culture so that the culture drives business success.

3.Invest in technology

A proper and updated Information System in place will go a long way in contributing to your success, as this will improve the efficiency and productivity of your employees.A website and social media presence is a must have in this present day Digital World.

4.Analyse results for continuous improvement

Keep all your business activities in check, tracking all your transactions regularly, making all the necessary adjustments in time.This can be done weekly or monthly or quarterly depending with the nature of your business and preferences.

5.Prioritise your customers

Make sure you have good marketing campaigns and proper customer relationship management systems in place; to source and retain customers.

Having a strategic plan and sticking to it will take you from a great business idea to business success.Understand your business environment(competitors, customers, resources etc) and make the most out of it.

Shawn Takawira

CEO and founder of Digitechbolt Passionate about digital technology solutions that improve the way we live, do business,learn and develop our communities.

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