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Do you want your business to be like a formula one race car and a formula one team or do you want to be driving out some clapped out old dunga, New Zealand slang for an old car.

Over the years there have been many stories about how the 2003 British cycling team went from mediocre to world beating. How did they do it?

Ditch the Strategic Plan & Watch Sales go from $850k to $5.5m! In this video I'm going to tell you about some folks who've thrown that strategic plan out the window and their business has gone from 850k to just over $5.5m in that period of time. Let me tell you what they've done ...

I thought I would tell you the story of two businesses, Business A and Business B. They're both pretty similar, turnover around that five million dollar mark, shareholders and directors working in the business, both of them have around 15 or 20 staff and although they're in different industries they have to do similar things well for their customers.

In the previous three instalments about Strategic Reviews, Annual Business Plans & Execution we looked at the importance of strategic reviews, insights gained from staff workshops, and how to find your competitive advantage. In this fourth and final update we look at the all-important business plan.

In the first two instalments around our current theme of Strategic Reviews, Annual Business Plans & Execution we looked at the importance of strategic reviews and staff workshops to gain insight. In this update we look into the key questions you need to ask on your way to discovering your competitive advantages.

Previously we introduced the topic of Strategic Reviews, Annual Business Plans & Execution by first looking at strategic reviews. In this instalment we continue with this theme by looking into staff workshops as a way of gaining better insight and how they fit into the Strategic Planning process.

Over the next three months (July-August-September 2021) we’re going to be looking at Strategic Reviews, Annual Business Plans & Execution. As part of this we’ve pulled insights from two PlanA Consulting clients that we’ll call Business 1 and Business 2.

In an earlier vlog I talked about Family Charters or a Family Council when you've got a family business. As you can probably appreciate family businesses bring their own set of dynamics that some other businesses don't and so for a business and especially if it's intergenerational, sometimes a Family Charter can actually help smooth the water.

Today's video is a continuation on my vlogs around strategy and business planning. So today I wanted to give you some specific things to be thinking about when it comes time to do that business review and set your business plan.