Business Development Plan in 10 Easy Steps

Share this post

If you are starting your own business it is important to come up with a business development plan. You might just sit in front of your computer for hours without having a clue as to how to write a business plan. Don’t sweat it, you are not the only one to have faced this challenge.

Here are 10 easy steps to take towards putting together a professional development plan.

Step 1: Determine Why You are Writing a Business Plan 
Prepare a short paragraph that explains the reasons why you are creating a business plan and the reasons why the business plan will be awesome. Are you trying to raise funds? Starting a new business? Strategizing to annihilate the competition? Looking for strategic partners? Whatever your reason, please know that it is vital that you are committed to writing your business plan.

Step 2: Get a Sample of a Business Plan 
Go to your local bookstore or library, or simply browse the internet for resource materials. Find out how a professional development plan looks like, what it is and what it is not. Prepare an outline which will include the key sections and sub-sections that you will want to appear in your business plan.

Step 3: Gather all The Information you will Need 
Look through the files in your computer, filing cabinet, storage boxes and even your phone in order to get all the information you will need concerning the business you want to start. You should also consider press releases, marketing pieces, related articles, past financial statements, industry journals, vital notes and websites or ideas that have been gathered over time.

Step 4: Put Down your Thoughts 
This perhaps, might be the best part of writing a business development plan. Type out your ideas, thoughts, questions and list of things you need to do into every section of your professional development plan.

Step 5: Create a Rough Draft 
This is the part where all your thoughts and ideas begin to take shape. Simply move through the whole outline, section after section. Start a Business Development Plan To-Do List in order to keep close track of the topics that will need detailed research, back-up information or statistics. Print out a copy after you are done and go over it a couple of time and making revisions as you go.

Step 6: Do your Research 
Carryout research and get solid information to support the claims that you have made in your business plan.

Step 7: Think Numbers 
Start preparing your financial statements. If you state a specific marketing system in your business plan’s marketing section, you should include the corresponding expenses in the financials.

Step 8: Create a final draft 
Most times finishing can be the most difficult part of completing a professional development plan. Double check your draft for spelling and grammar errors.

Step 9: Set a timeline 
In order to ensure that you complete your business development plan, ensure that you set a timeline that you will not be able to ignore. Make an arrangement with a person whom you are not pretty close with, if possible, a professional acquaintance – this way, it would be more difficult and very uncomfortable for you to call and delay.

Step 10: Polish your professional development plan to excellence 
The remarks you get from the people who have read your plan will help you improve the sections of your plan that will require attention. Search for any other information that you may require, include the ideas suggested by your readers and clarify points or sections that were not properly conveyed.

Business Development Certifications – Ways to Excel in Marketing

In today’s business world, it’s no longer enough just to have a good idea. You then need to be able to have the skills and current working knowledge of the marketplace to put this idea into practice and help develop your plan. One way to gain the type of skills that are necessary to do this is by obtaining business development certifications. These are short term programs that give you an intensive focus on the types of marketable job skills that you need, particularly for marketing and public relations practices.

One of the most important skills that a person can have is that of organization. Many people underestimate just how important it really is to be able to organize your clients, business responsibilities, and personal calendar, and how this plays into business development. Any course that leads to official business development certifications will delve deeper into this topic, to give people a better idea of how to make their time work out in a more productive and efficient manner. Management techniques and leadership skills are also vital, even for the introverted. Communicating effectively with your employees at any level of management is important for the organization as a whole.

Another facet of communication that will play into effective business development certifications is how to communicate with your clients. Keeping a pipeline of clients and learning how to hold their interest for ultimate customer satisfaction is the difference between those companies that offer a good service but are only moderately successful, and those that offer a moderately useful service but are extremely successful. While attracting client interest in the first place is a clearly important component of developing your business model, you will then also need to learn those tactics that will keep your clients interested and will ensure that they return for more business down the line.

Added to this is the need to learn about strategic marketing practices. Even if you are not working in the marketing department at your job, if you are involved in public relations or sales practices at all, this will be a topic that comes up. With new advancements in technology and internet marketing tools, if you don’t’ have a current set of knowledge you may be left behind by competitors. For this reason, new marketing techniques and development strategies will also be covered in any business development certifications courses that you might take part in.

BUT… Without the right Business Development Certification & Training, you will likely end up stuck in the same dead-end job! Get started today on the road to your $100k salary future… Contact us today for ideas.

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *