Annual Planning For Success

What you'll learn
What Is Annual Planning and Why It's Important
Understand the Steps in the Annual Planning Process
How to Prepare for Annual Planning
How to Set Goals for Your Annual Plan
How to Develop Strategies for Your Annual Plan
How to Create a Budget That Aligns with the Annual Plan
How to Conduct Plan Review Meetings
How to Use a Scorecard to Track Performance
Requirements
Basic business strategy and financial management skills
Description
Many small business owners don't think about what they want from their business because they get so wrapped up in day-to-day operations and have a tough time working ON their business. Some feel they have lost control of the business and find they aren't getting the results they want. Planning is a challenge for them, and they don't know where to turn for help.This Master Class on Annual Planning is for small business owners to help guide them on how to take control of their businesses using a proven planning and management framework.The objectives of this course are:1) Describing what Annual Planning is and Why it's Important.2) Reviewing the Steps in the Annual Planning Process.3) Providing techniques and tools for Goal Setting and Developing Strategies.4) Reviewing how Annual Planning and Budgeting tie together.5) Demonstrating the importance of the Annual Plan Review Process.By incorporating this Annual Planning framework into the DNA of their organizations, business owners will improve the likelihood of achieving their goals by up to 50% for the coming year by focusing on the critical elements of the Annual Plan and improving overall accountability for activities and results from their teams. Are you ready to achieve the results you want for your business?
Overview
Section 1: Introduction
Lecture 1 Introduction to Annual Planning
Lecture 2 What Is Annual Planning
Lecture 3 Why is Annual Planning Important
Lecture 4 Steps in the Annual Planning Process
Section 2: Preparation for Annual Planning
Lecture 5 Preparation for Annual Planning
Lecture 6 Previous Year Review
Lecture 7 Sample Review Questions
Lecture 8 SWOT Analysis
Section 3: Setting Annual Plan Goals and Developing Strategies
Lecture 9 Goals and Strategies
Lecture 10 Setting Goals
Lecture 11 Developing Strategies to Achieve Your Goals
Lecture 12 Using the Annual Planning Template
Section 4: Annual Budgeting
Lecture 13 How Budgeting Aligns with Your Annual Plan
Lecture 14 Budgeting Tips
Section 5: Annual Plan Reviews
Lecture 15 Monthly and Quarterly Annual Plan Reviews
Lecture 16 Using a Scorecard to Track Performance
Section 6: Wrap Up
Lecture 17 Wrap Up
Small Business Owners and their teams

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