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Video on Business Development Action Plan
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Business Development Action Plan
Danny Austin
Most startup plans ask
you to begin with businesses plan. Instead, we've had you take real-world action
to create a business that works. But now it's time to put something in writing
by creating your business action plan.
Similar to a business
plan, the business action plan synthesizes your research and describes your
business. However, it also identifies the necessary steps you will take to keep
your momentum going.
1. Start your plan by
clearly defining your business. State your business's main benefit, and finalize
your sales script.
2. Break your plan into
sections by outlining the operational and administrative areas of your business,
including legal, marketing, pricing, finance and internal process controls.
3. In each section,
explain the work, research and market testing you've completed to date.
4. Conclude each section
by specifically stating the next action steps you will take to create results.
Your business action plan
continually evolves as your business grows. It monitors and allows you to
evaluate what has worked to date--resulting in your continual business success.
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