Steps for business planning:
Step 1: Establish your mission. In essence, your mission statement explains why your business exists. ...
Step 2: Analyse your SWOT. ...
Step 3: Develop a plan. ...
Step 4: Create a budget. ...
Step 5: Put it in writing. ...
Step 6: Make it a living document.
Steps for planning
1] Recognizing Need for Action. ...
2] Setting Objectives. ...
3] Developing Premises. ...
4] Identifying Alternatives. ...
5] Examining Alternate Course of Action. ...
6] Selecting the Alternative. ...
7] Formulating Supporting Plan.
