Business Coaching

Effective Business Planning
A basic management function to achieve maximum performance with minimum resources. The effective business planning consists of five steps:

• Identification of SMART goals,
• Formulation of effective strategies,
• Arrangement or creation of required resources,
• Organization of available resources, efficiently and cost-effectively, &
• Implementation of all necessary steps in appropriate sequence.

Business Planning

EVALUATION OF NEW BUSINESS IDEA

A business idea works effectively or fails badly or crawls slowly. A realistic approach is to start business planning  from the perspective that the new business ideas won’t work. The technique will develop pragmatic mindset and proactive behavior towards business idea. The entrepreneur / executive will see threats, opportunities, strengths and weaknesses, in right perspective. If the idea survives and accumulates tangible support, then you have robust idea, now it is time to develop the business plan and move quickly towards execution.