Alternate Names for Business Plans:
A Business Plan is also known as:
Marketing Strategy Business Plan
Sales Plan for a Business Proposal
What exactly is a business plan?
A business plan is a critical planning tool used by new and existing business owners to outline company goals, objectives, and challenges, as well as information about internal management, marketing, and finances.
Territory of the Australian Capital Territory (ACT)
The state of New South Wales (NSW)
Queensland (QLD), South Australia (SA), Tasmania (TAS), Victoria (VIC), and Western Australia (WA)
What information should my Business Plan contain?
The information in your Business Plan will differ depending on the type of business you own and the information you want to include in your plan. In general, most business plans will include the following sections:
Possession (i.e. whether you are a sole proprietor, in a partnership, in a corporation, etc.)
Structure of management (e.g. an explanation of how day-to-day operations of your business are handled)
Objectives and goals
What products and/or services does your company provide?
Information about your company’s products and/or services (such as your pricing strategy, patent or trademark licence details, etc.)
Strategy for marketing (e.g. the target market, whether or not you have established customers, etc.)
The information you include in each section is usually determined by why you are creating your Business Plan.
For example, if you’re writing a business plan to send to investors in order to secure funding, you’ll want to spend more time explaining your goals and objectives, as well as the products or services you intend to sell and how they align with your target market.
If, on the other hand, you’re using your Business Plan as a blueprint to help you achieve a specific goal (such as reorganising your business structure to make your company’s management processes more efficient), you’ll want to spend time identifying your current management structure, how you intend to change it, and how the success of this goal will be measured.
When should a Business Plan be used?
A Business Plan is commonly used in the following situations:
An existing company is purchased, and the new owner wishes to record key details about the business in order to determine whether operational changes are required.
A group of people wants to start a business and use a Business Plan to pitch their idea to potential investors.
A board of directors wants to establish new opportunities for growth for their company, so they create a Business Plan that includes the company’s target market as well as potential sales tactics to reach that group.
A rapidly expanding company wants to change their company structure, so they develop a Business Plan to identify their current organisational hierarchy and how it should change.
What should the length of my Business Plan be?
The length of your plan will be determined by the reason for its creation, the type of business you operate in, the number of goals and objectives you choose to include, and, in general, how much information you choose to cover.
For example, a small company with one or two company goals, a few products and employees, and a limited marketing strategy may only require a few pages for their sales plan, whereas a midsized company with broader needs, many products and employees, and a complex marketing strategy may require several pages.
Is a Business Plan required to start a business?
Though a Business Plan is not required to start a business, it is strongly recommended because it will help you organise your business’s structure and needs in a clear, easy-to-read format.
Starting a business without a Business Plan can be chaotic if critical considerations such as outlining the company’s organisational hierarchy, main products or services, or marketing strategy are ignored, dismissed, or forgotten.
When should I make changes to my Business Plan?
You should update your Business Plan whenever there is a significant change in your company’s structure, products, or needs. A good Business Plan assists business owners in achieving a specific goal or keeps them on track by outlining the main purpose of the business.
What exactly is a SWOT analysis?
A SWOT analysis will be included in some business plans. SWOT is an acronym that stands for strengths, weaknesses, opportunities, and threats. It is a planning technique used to identify areas where a company does well (strengths), does not do well (weaknesses), could improve on and how (opportunities), and any potential issues with the business or products, such as expected material shortages or a change in consumer practises (threats).
Typically, strengths and weaknesses will address internal factors that are within a company’s control, such as the company’s organisation, whereas opportunities and threats will address external factors that are not always within a company’s control, such as an increasing number of competitors.
Documents Related to:
Purchase of Business Agreement: A Purchase of Business Agreement formalises the terms of a business sale (including which assets are included in the sale, the total amount of consideration, and the payment method).
Promissory Note: Use a Promissory Note to legally protect yourself when lending or borrowing money from another person or company.
Confidentiality Agreement: Use a Confidentiality Agreement to send your business plan to a third party without worrying about your confidential information being shared.
Letter of Intent: Use a Letter of Intent to outline negotiations between you, your business partners, and others before creating a binding agreement.
I have known Charles Vincent Kauwasha for many long years now since we first met in Accident and Emergency department of Hutt Hospital Lower Hutt New Zealand, where he was an emergency nurse. I had a problem with my heart and very quickly learnt to trust him with my life! we got talking about our businesses and exchanged contact details. Charles has been a loyal friend and business contact here and on whatsapp etc ever since that time, even after he moved from New Zealand to Australia. Charles is a very honest, loyal and trustworthy person, both in business and as a friend. I highly recommend Charles as a safe person to know and do business with.
Charles has provided me with many – free but easy to use marketing tools. If you are new to affiliate marketing – Charles is the best person to go to
With his humble beginnings overseas, Charles would be a perfect mentor for someone feeling trapped with not much to look forward to in future. Listen to his story and be amazed and inspired… starting with nothing to where he is! He will teach you about the power of perseverance. Well done Charles
A unique and profound CEO I have seen in our times, I have seen the calibre in Charles. Charles has a performing influence drive from his desires to do work in an extraordinary way. Charles is adeliver, you will not regret working on projects with him
I Studied with Vincent Kaluwasha during this programme. A highly skilled and knowledgeable individual. Passionate about Occupational Health and would suitably work in the is capacity anywhere in the world”.
JACOB JOSEPH SAKALA-NURSE CONSULTANT
Charles is a man with a great deal of integrity and takes pride in his work
I’ve known Charles for many years and every encounter has been a happy one….he has a wonderful attitude towards life. He is a man of integrity
C J Investiment helped me to secure my first investment with couple of weeks. I will recommend their services to anyone looking for best investment in any city or country
I have seen how Charles has evolved from nothing to setting up a real estate portfolio with determination -Jessica McDade He is a man of integrity and passion who leaves a stone unturned!
All the developers of D5 Creation have come from the disadvantaged part or group of the society. All have established themselves after a long and hard struggle in their life
Thanks to you Charles, we can be there when the worst happens to give people the emergency medical care they need – and rapid transport to hospital. Your support means that CareFlight can fly at a few minutes’ notice, to some of the most inhospitable places in this country. It means patients like Simon can be reached quickly with hospital-level emergency care at the scene – and in cases like Simon’s every minute counts.
On behalf of everyone at CareFlight, thank you for your generosity – and have a wonderful holiday season. Thank you so much
Dear CVK, Awesome, a huge thank you for your prompt response!!! I feel blessed to know you.I love your inspiring video and I have learnt a lot from your nicely arranged presentation.I can’t remember the question I paused to you myself but it feels like whatever it was I asked you has been effectively dealt with in your powerful video. By the way, I strongly feel you can make a good mentor of mine considering the massive education and experience you have acquired through the years. Let me know if you can do this for me because I firmly believe there is a purpose why God brings certain people into our lives which is to help us achieve our fullest potential and arrive at our God-given destiny. Remain blessed forevermore in Jesus mighty name, Amena!!! By the way, many thanks for your quick encouraging feedback and for the free book offer on how to attract people to my biz.
Will study the book ASAP and I should be able to implement what I will learn and will see where that will take me. I am looking forward to a rewarding interaction between the two of us. Once again, thank you for your non-wavering support and encouragement you have rendered to me over the years. I thought you had given up on me and forgotten about me since I appeared to be wasting your time. I am still interested in salvaging my life and do something new and big because I am tired and sick of living a mediocre kind of life. Please help me if you can by God’s grace. Have a blessed day my Brotherman
Charles, right now, a lot of people in this country are saying, “Thank you.”Thank you for being there when they needed help most. Thank you for taking charge when their world was turning upside down. Thank you for giving them confidence, when they were afraid and needed life-saving help. As a CareFlight Support Crew Member, you are making such a difference for so many people. Your regular donations help save lives and keep families together. Patients like Thomas, who told us, “You made it possible for me to survive.”And Agnes, who said, “I’m very grateful a service like CareFlight exists.”Below are some more messages of thanks: Thanks from the patients you help. As we head into another year, we know there will be even more people who will call on our services. So, I’d like to add my heartfelt thanks to those of our patients, for your steadfast support. Together we are ensuring CareFlight is always there for people when they call for our help. Whether it’s intubating a patient at the scene of an accident, or ensuring a newborn is safe on a flight from a remote area to a major hospital for treatment, our patients cannot speak highly enough of the care they receive. Charles, that care is part of a chain that starts with people like you. These expressions of gratitude, from all over the country and from all walks of life, show you how much your support is valued – and how much it is needed, more than ever. We can’t do what we do without you.
If this year has taught us anything so far, it’s that none of us ever truly know what is around the corner.
That’s why I can’t thank you enough for your support that ensures we can continue to provide life-saving aeromedical care to Australians most in need.
Our CareFlight crews are in a unique position to understand what Australians have been going through. Every day, we care for people who have found their world shaken by a sudden accident or illness – coping with circumstances almost none expected to face when they woke up that morning.
People like Simon Bowman don’t like to rely on others for help. But one day, as he lay trapped inside his car after a terrible road accident, with suspected injuries to his spine and shoulder and a possible head trauma, Simon needed life-saving help desperately. CareFlight was there in a matter of minutes.
CareFlight’s rapid response helicopter service is so vital in situations like this. Our crew can be airborne in minutes and by the side of our patient, delivering hospital-level emergency care as fast as possible.
Simon doesn’t remember much about his accident, but he does recall the voices of the CareFlight crew as they worked urgently to treat his injuries. Simon told us: “I knew there was someone looking after me and that I was in good hands.”
Our mission is to deliver people the very best care. We’ve spearheaded international aeromedical innovations such as our stretcher bridge system and become the first civilian service to carry blood plasma to the scene of an accident.
The care, the state-of-the-art equipment, those voices which reassure patients that they are in the hands of skilled professionals they can trust – it’s all thanks to people like you.
Simon has recovered and recently visited our base to meet some of the crew. He has never forgotten the help he received from CareFlight, so meeting them again was an emotional experience.
Seeing the helicopter that transported him to hospital, he was amazed at its size. He confessed he’d never been that keen on helicopters, “but I was very keen that one was there that day.”
Your support for CareFlight is helping to save so many lives, like Simon’s.
Thank you so much.