It can be very difficult to think one to three years ahead, because you are
in the middle of developing ideas concerning your new business.
Try to imagine that you are on board a helicopter. You fly up and look down at this new business of yours. You think:
In the business plan template you are asked to reflect on the following issues:
In order to start your business, you might have had to lower your ambitions compared to what you once had in your thoughts and dreams. Maybe a lack of funds forced you to lower your ambitions. But you want to fulfill your ambitions within three years.
How do you see your business next year? And what about in three years?
Some business owners have to sell stuff that they don’t actually like to sell. It is sometimes the only way to get started.
How do you see your product or service in one year, as well as in three years?
Maybe you have started with one kind of customer that you knew about from your former work, or maybe your old company is your first customer, but you would like to move on and find a greater number of first-time customers.
Try to set figures on your visions. It is not easy to
convert dreams and visions to exact figures, but it helps in making them
When you have made your operating budget for year one, you could make a copy of this. Then you could change the relevant figures so they match your long term plans.
often set other goals for their business rather than just profit and managerial
Some look upon themselves as so privileged that they have the personal strength to help the local community by enhancing the educational level, and to take part in other social activities and civic engagements.
Others secure better working conditions for their workers than the average
business owner. Others make sure that their production does not pollute the
local river or damage the worker.
Do you have any special goals for your business?
Go to Download Center and find the template in which you can write your own business plan.
How would I like my business to look in three years’ time?
- A question you should ask yourself