Preview Strategic Business Development Plan

Strategic business development plan tool

TheStrategic business development plantoolwillhelpensurethatyourbusinesscontinuestogrow.

Itisanessentialworktoolforowner-transferors,successor(s),consultantsandnancialadvisors

The purposes of this tool are to help you to:

• clarifytheneedsofyourbusinessaspartofanoverallperspective;

• deneyourvisionsofthefutureofthebusiness;

• reviewthe

raisond’être

ofyourbusiness;

• reviewthedistributionoftasks,rolesandresponsibilitieswithinthebusiness;

• mobilizeemployeestoshareacommonvision;

• setbusinessdevelopmentpriorities;

• discussthefutureofthebusinesswithyoursuccessor(s);

• reducethegapsbetweenyourvisionofbusinessdevelopmentandthatofyoursuccessor(s);

• provideabusinessdevelopmentframework.

Instructions:

1. Draftthestrategicdevelopmentplanonyourown.

2. Askthepeopleyouareconsideringaspotentialsuccessor(s)todothesameexercise.

3. Individuallydeterminethenancialresourcesrequiredbythedevelopmentplan.

4. Shareyourrespectiveplans.

5. Makealistofprioritiesbasedonyourdiscussions.

6. Implementafollow-upschedule.

7. Reviewthisplanasoftenaspossible.

44–G u i d e f o r t h e f a r m t r a n s f e r o r - t r a n s f e r p l a n

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