Your Budget, Priorities, and Resource Needs In 2019

December 12, 2018 | Roger and Susie Engelau

If you had a choice between hiring a supplier that has a plan laid out for 2019 and hiring one who runs his business by gut and instinct, which one would you choose? As a business leader, you’d probably pick the supplier who knows what his budget, priorities, and resource needs are for 2019… in other words, the one with the strategy and plan for the coming year.

Similarly, your customers and employees take confidence in knowing you have a well-thought-out plan too.

And your company’s growth depends on it.

  • Where are you planning to put your time and energy in 2019?
  • Do you know your top 3 priorities for 2019?
  • What resources will you need to invest in or secure for next year?
  • What’s your sales growth plan and which customers do you plan to go after in 2019?
  • What’s your budget for 2019? What expenditures will you have?

Identify your 2019 budget, priorities, and resource needs now

This means that you want to go into the new year with most of your planning done. For instance, you want a financial plan, a budget, a sales and marketing plan, a people development plan, maybe a technology plan, and so on.

The good news is that these individual plans can be combined into one place—the 1-page business plan. It provides a place for each one of these plans all on one sheet of paper. As a result, your business benefits and you benefit in practical and meaningful ways by going into the year with a simple yet comprehensive plan. It:

  • Gives you a line of sight from today to years into the future.
  • Clarifies your goals so you know what to spend your $ on and not.
  • Clarifies which customers to go after and which to avoid.
  • Tells you where to put your time and energy on for the year.
  • Identifies what resources you’re going to need.

Every aspect of the business is guided by the 1-page business plan

The 1-page business starts with a SWOT analysis then lists your top 3-5 values. It articulates your 30-year vision, your 10-year vision, your 1-year, and next quarter strategy and action plan. In addition to financial goals and actions, you’ll have goals and actions for every facet of the business… sales & marketing, structure & process, people needs and job descriptions, time management, and more.

One of the most common requests we get is, “I need help focusing.” A frequent comment from the clients in our business coaching practice is “it’s hard to focus and get something knocked out with so many things up in the air.” Or, “I feel like I’m running around like a chicken with my head cut off.”

If you create a 1-page business plan, it gets you focused on the important things—budget, priorities, and resources needs—and gets steps in place so that you can accomplish those things.

On Thursday, Jan. 3, join other business owners like yourself and make your 1-page business plan. We’ll guide you step by step so that by the end of a day, you’ll have a strategic plan that you can implement that day. Give yourself the gift of this chance to step back, get perspective, define your strategy, and develop a specific and focused plan to guide your business.

Register for the Growth Plan Business Planning Workshop here.

Thur., Jan. 3, 2019, 9 – 3 pm
Hilton Garden Inn Indianapolis Airport, 8910 Hatfield Dr., Indianapolis 46231

You’ll walk away with:

  • A clear picture of where you want your business to be in 10-30 years, a 3-5 year plan, a 90-day plan, & monthly goals broken into weekly actions
  • Your 12-month goals broken into bite-size quarterly goals, monthly milestones, & weekly actions
  • Strategies to build your profits right away
  • A network of like-minded business owners
  • Peace of mind knowing that your business profits will grow

Mark your calendar for this chance to start your 2019 knowing your budget, priorities, and resource needs.

P.S. If you want an early start on your plan, download the 1-page plan template.