Do I Need a Business Plan for 2025?

However, if you asked 10 employees what your company’s vision and action plan is for the upcoming year, could they tell you? Would you get 10 different answers?

If they can’t, or if their answers are not aligned, then I can almost guarantee your organisation’s growth and ability to scale is limited. Here’s why. Even if YOU have a clear vision of where you want your company to be in one, five or ten years from now, without a plan that unites everyone, that vision is just a dream.

A simple 1-Page Plan (1PP) makes it easy for everyone in the company to know where they’re going and what they need to do to get there, without being bogged down by an overly complex business plan possibly riddled with unclear and even contradictory statements. Here’s what a 1PP can look like.

The Components of a 1PP

The main components of a 1PP requires you to answer seven basic questions: who, what, when, where, how, why, and the often-challenging question, “But should we or shouldn’t we?”

Vision

What is the direction you wish to take your company over the next 5-10 years? A direction is better than no direction. Share customer type, employee numbers, type of work, standing in the marketplace, etc.

Core Values

These are your “should/should nots”. It will list a handful of rules defining the boundaries for decision making. These core values will help you answer the question: “Should we or shouldn’t we?”