Business Meeting

Planning a 5-Year Business Strategy

This is a lot like a business plan.

  1. You start with an executive summary which should summarize the key concepts. You may choose to leave this to write last as you will know your strategic plan.

  2. Write your mission and vision statement. This is a concise summary of the overall objectives of your business. It states what you are hoping to achieve.

  3. Conduct a SWOT analysis of your strengths, weaknesses, opportunities and threats. This will help you to determine the actions to take for the future.

  4. List your strategic goals. This may include one strategic action, varying budgets and personnel resource dedication.

  5. How will you measure your success? What are your KPI's?