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One page business plan

Clear Vision • Feb 26, 2016

We all know we should be doing a business plan.  But we also know that 20 or 30 pages of detail is a daunting task to put together and who is going to read it anyway?

Reality is, we all should be planning in our business.  Everything from the strategic level to the daily tasks can be better planned to help steer the business in the right direction and help us achieve our end goals.  Yet 99% of businesses don’t have any planning – why?

The main reason is that most business people are great at what they do whether it’s building, driving, filling teeth but when it comes to business planning they don’t know where to start.

So, I’ve taken some tools (with permission) from Verne Harnish, a world renowned business growth strategist, built up my persona skills and knowledge in this area and completed a 1 page business plan.

So what’s different about this plan?

A 30 page business plan can be prepared, in detail, with lots of market research and once completed will sit nicely holding the bottom drawer in place.  It doesn’t become a workable document on a monthly or weekly basis used to keep the captain focused and steering the business to the end result.  It’s too big, too cumbersome and because of the investment involved nobody wants to change it or review it again once it’s complete.

In contrast, a 1 page business plan is designed to have the key goals, visions, targets, key performance measures and actions all on 1 page.  This page gets put up in a place the business owner sees every day.  Sometimes it needs to be in several spots.  As a focused business owner, when you walk past this document, you will glance and linger and this will help you maintain your focus more often on the end goal – the BHAG.

Don’t get me wrong – the market research and detail is critical.  But we don’t want to become so bogged down in the detail and specifics that we can’t see the most important, most immediate goals.

If you are interested in setting up a 1 page business plan, please contact me.  I’ll email you the Verne Harnish template and we can discuss how Clear Vision Accountancy Group can help you get your 1 page business plan started, prepared, finished and on your wall.

Embracing the Bright Side: Finding Joy in Everyday Moments

By Caroline Gillies • 07 Mar, 2024
In a world that often feels chaotic and uncertain, it's easy to get caught up in the hustle and bustle of life, forgetting to pause and appreciate the simple joys that surround us. But amidst the challenges and hardships, there is always a glimmer of light waiting to shine through the darkness. Today, let's embark on a journey to explore the uplifting and positive aspects of life, reminding ourselves of the beauty that exists in every moment. Gratitude: A Key to Happiness Gratitude is a powerful tool that can transform even the most mundane of days into something extraordinary. Take a moment each day to reflect on the things you're grateful for, whether it's the warmth of the sun on your face, the laughter of loved ones, or the beauty of nature. By shifting your focus to the blessings in your life, you'll find that joy naturally follows. Embracing Imperfection Life is messy, unpredictable, and imperfect – and that's what makes it beautiful. Instead of striving for perfection, embrace the flaws and quirks that make you unique. Celebrate your successes, no matter how small, and learn from your mistakes with grace and humility. Remember, it's okay to stumble along the way – it's all part of the journey. Finding Joy in the Little Things Happiness doesn't always come from grand gestures or monumental achievements. Often, it's the little things that bring the most joy – a kind word from a stranger, a hug from a friend, or a quiet moment spent watching the sunset. Pay attention to the small moments of beauty and wonder that pepper your day, and you'll find that happiness is never far away. Spreading Kindness and Love In a world that can sometimes feel cold and indifferent, kindness is like a ray of sunshine breaking through the clouds. Make it a priority to spread love and positivity wherever you go, whether it's through a simple act of kindness or a heartfelt compliment. By lifting others up, you'll find that you lift yourself up in the process. Cultivating Inner Peace True happiness comes from within, rooted in a sense of peace and contentment that transcends external circumstances. Take time each day to nourish your mind, body, and spirit – whether through meditation, mindfulness, or simply taking a walk in nature. Cultivate a sense of inner peace that will sustain you through life's ups and downs, allowing you to navigate challenges with grace and resilience. Embrace the Journey Life is a journey filled with twists and turns, highs and lows, but it's also a journey filled with beauty, wonder, and endless possibilities. By embracing the bright side of life, finding joy in everyday moments, and spreading love and kindness wherever we go, we can create a world that is a little brighter, a little kinder, and a little more beautiful for us all. So let's embark on this journey together, with open hearts and open minds, ready to embrace all that life has to offer.

Boosting Your Superannuation: Seven Powerful Strategies

By Caroline Gillies • 22 Feb, 2024
Boosting Your Superannuation: Seven Powerful Strategies

Changes to Company details and ASIC – How to avoid a fee

By Caroline Gillies • 19 Oct, 2023
When it comes to being a Director of a company, there are administrative requirements that must be complied with, including keeping ASIC in the loop. We all hate paying unnecessary fees, and ASIC loves to charge fees. To avoid late fees, ASIC must be told about any changes to company details, including your business or residential address, within 28 days. If your company's information changes, please let us know so we can notify ASIC on your behalf. Example: Jarryd gets a late fee Jarryd recently moved his company to a new storefront. In the rush of changing to his new principal place of business, he forgot to update his address details with ASIC. A month later, Jarryd logged into his online account to change his address to reflect the address of his new principal place of business. Because it was outside the 28 day timeframe, the company was charged a $93 late fee. If he had waited longer and lodged the change of address more than a month late, the company would have been charged a $387 late fee. To avoid fees in the future, Jarryd realises it's important to update his details as soon as they change. In summary, be like Jarryd and realise the importance of advising Clear Vision Accountancy Group of any changes. Example supplied by ASIC
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