1. Business Planning
• Prepared by :Deuane Taylor

2. Importance of Business Planning
Tips for success:
“Planning is making a route toward
the future you think of so you can
experience its reality ”
- deuane taylor

3. Think about
• Building a house without a plan
• Noah and the Ark- ark too small
• Taking a trip to Negril or a vacation – with no
money to spend.

4. Tip #1
• Planning sensitise the organization's to
respond to future eventualities:

5. Tip #2
• Planning helps a company to clarify set goals
and objectives it want to pursue:

6. Tip #3
• Planning prepares a company to coordinate
actions toward realising decisions.

7. Tip#4
• Planning helps a company to remain relevant
or become more competitive in its industry

8. Tip#5
• Proper planning help a company to reduces
its need for immediacy and contingencies.

9. Tip#6
• Planning facilitates a company to reduces
potentially costly mistakes and oversights.

10. Tip#7
• Planning encourages a company to become
more productive in the use of the
organization's resources

11. Tip#8
• Planning makes managing the complexities
of the company a much easier task.

12. Tip#9
• Planning enables the company to
mitigate against potential risks–
develop contingencies(risk
mitigation)

13. Tip#10
•Planning increases the
effectiveness of the
management team of
the company.

14. The plan goes on….
• Keep revising and adjusting the
plan to keep abreast to ensure it
remains relevant.

15. Thank you