Business Studies

Developing a business plan

A business plan is like a road map.  We use the map to plan our journey including our goal destinations and the roads we will need to travel.  During the journey we need to constantly refer to the map to make sure that we are heading in the right direction, or at times to change course for new opportunities.

The business plan should provide :

  • clear and concise statement of the goals of the business
  • well developed plans for achieving these goals
  • reliable controls for measuring performance.

business planning mindmap

Government and Business Association Resources that provide guidance and support for Australian SME Business Enterprise Centres

Australian Institute for Commercialisation

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