Personal Training Business Admin Tip: Business Plans Part 1
Today we are onto my favourite subject – Business Plans!
As a business owner, it is your responsibility (to yourself!) to write a business plan each year. Without it, you will lack direction, focus and very possibly affect the long term success of your business.
So if you’re new to writing a business plan, what should you include?
Lets go through some of the essentials:
- Mission statement — what is it you are setting out to achieve
- Describe your business – in brief terms, what is it you do?
- Short and Long term goals
- Customer overview – so details on your target market
Next week we will go through 3 more Must –haves, plus the one most important thing to do in any business plan!
Justin is the Managing Director of Active Management, which he began January 2004. He offers coaching to businesses worldwide in everything from start up and design to marketing and sales systems. Justin also facilitates four Australian and New Zealand ‘fitness industry roundtables’ events, which allows him to see a huge cross section of business models.