Business Planning for Bookkeepers and Accountants

You have big dreams, which is a beautiful and inspiring thing. Though as they say, a dream without a plan is, well, just a dream...

So, whether you're just starting out, preparing for the next stage of growth, or hitting reset, now is the perfect time to work on, rather than in, the business and get planning.

A well executed business plan becomes a road map that takes you from where you are now, to where you want to be in 1, 3 and/or 5 years time.  A step-by-step framework that sets out your current position, your objectives for the future, and the strategies and tactics that will get you there.

And the process of building that road map is just as valuable as the end result.

Sure, a nicely bound, beautifully presented business plan is awesome (particularly if you have business partners, investors or a team to share it with), and we have the templates and processes to help you do just that. Though, it's the workshopping of thoughts, dreams and goals that's exciting. And then, of course the consolidation and processing of those goals to create a clear and concise set of objectives, strategies and tactics - it's pure magic.

There are a number of key elements of a bookkeeping business plan, which are summarised below. 

Business Plan Elements

• Executive Summary
• Business Overview - vision, mission, core values & your 'why', your people and operations, your niche, your ideal client, your competitors and your market.
• SWOT - analysis and outcomes.
• Business Objectives - objectives, strategies and tactics
• Marketing Planning - marketing objectives, strategies, tactics and campaigns
• Pricing Strategy - pricing models, fee builders, and menus
• Compliance and Risk - risks, insurance and legislative requirements
• Financial Planning
• 90 Day action plan