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Colocation
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Joined: Jan 07, 2004
Posts: 404
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 Posted: Tue Aug 16, 2005 7:03 am Post subject: Business Plans |
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Lets get the ball rolling in this thread with a discussion on the key elements of a business plan, perhaps we can propose a fake business and with time gradually formulate a business plan.
Anyone like to begin? |
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TrafficProducer
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Joined: Apr 15, 2005
Posts: 7
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| Posted: Tue Aug 16, 2005 6:30 pm Post subject: Business plan |
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 Business plan:
Is the Business, Technology, Internet too fast moving?
Business plans tie you down to do things which may no longer be relavant to your business needs.
e.g. Business Plan, states you are going to invest $100,000 on Pay Per Click advertising over the next year..
Then Blogs happen... but your budget is tied up in PPC and you can not employ anyone with Blogging skills because of this. |
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Colocation
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Joined: Jan 07, 2004
Posts: 404
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| Posted: Tue Aug 16, 2005 6:58 pm Post subject: Re: Business plan |
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| TrafficProducer wrote: |
Business plan:
Is the Business, Technology, Internet too fast moving?
Business plans tie you down to do things which may no longer be relavant to your business needs.
e.g. Business Plan, states you are going to invest $100,000 on Pay Per Click advertising over the next year..
Then Blogs happen... but your budget is tied up in PPC and you can not employ anyone with Blogging skills because of this. |
No I disagree, if you build in flexability the business plan can change and evolve with time, it's organic.
For example the business plan could state x% a year or x% of profits to be spent on traffic, this is obviously flexible, and could be internet traffic or offline marketing, which is very powerful also.
Anyone else have any maps for business plan considerations?
What I'd like first is a traditional business plan model and then once we have a model we can begin to consider options for offline and/or online. |
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webnancy
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Joined: Aug 19, 2006
Posts: 6
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| Posted: Thu Sep 07, 2006 9:00 am Post subject: business plans |
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In any business plan, both strategies and policies are closely related. The key functions of these two is to unify and give direction to plans. They actually influence the direction in which an enterprise is trying to go.
Tactics is what comes in now as they are the action plans through which strategies are executed and strategies must be supported by effective tactics.
so, a business plan forms the core of any model. Yuo must progress but never deviate from the core. |
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Colocation
Site Admin
Joined: Jan 07, 2004
Posts: 404
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| Posted: Thu Sep 07, 2006 1:50 pm Post subject: Re: business plans |
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| webnancy wrote: |
In any business plan, both strategies and policies are closely related. The key functions of these two is to unify and give direction to plans. They actually influence the direction in which an enterprise is trying to go.
Tactics is what comes in now as they are the action plans through which strategies are executed and strategies must be supported by effective tactics.
so, a business plan forms the core of any model. Yuo must progress but never deviate from the core. |
Some interesting points raised here and I'd really enjoy hearing more, particularly on what you mean by tactics, could you expand and inform us all? |
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