Business Action PlanBy Cherish Taylor

What is a Business Action Plan?

•Set you on the right track• Internal business document •Achieve a goal.

What is the purpose of a Business Action Plan?

Outlines

• Resources required• Timeline• Tasks

To achieve a goal

What are the components of a Business Action Plan?

Business

Action Plan

Goal

Objective

Indicators

Strategy

Action

A good Business Action Plan has these components:

• Goal -Overall vision • Objective - Outcome• Indicators –Milestones• Strategy - Steps needed • Action -Implement the step

What is a Business Action Plan like?

A Business Action Plan is like when someone is planning to go on a trip.

When do businesses typically develop of a Business Action Plan?

• During or after a meeting. • Set goals • Seek investment for a

business • Grow your existing

business

For more information

http://www.skillmaker.edu.au/business-action-plan/