Things change too quickly for that to be much use. Who is your key partner? Then test it with that most important constituency: What alliances and partnerships beyond employees do you need to succeed? How can you predict future trends? Who are your customers and where do you find them?
Vikam Modhwadia, programme coordinator, School for Creative Startups Before you think business plan, think business model A business plan is a smart and sassy document you write for investors, lenders or potential partners to give them an understanding of your business, so they can make a decision to support it.
Start with your customers or the market arts council business plan you serve. Make sure you think of all commercial and strategic angles, but also make sure that any potential investor or partner can also read how inspired you are in making this business a reality. What financial relationship do you have with your customers?
What are their attributes and what are your market segments? Andrew Harding, managing director, CIMA Structure your plan A challenge for anyone who is passionate about their business is to explain it in terms others can understand.
Which trends are impacting your industry? Setting the business plan and agreeing regularly on the key indicators with the team also helps keep everyone honest. What do you do that people want? How much should you charge for your product or service? My first business plan was a whopping page word document, which was a big mistake Pip Jamieson The industry: What is you key asset?
This will help you consolidate your thinking before diving into the detail of the plan. Thinking about your business in this way will help you identify how to manage its performance and what strategies you will need to develop your business model.
Who can you bring on board to help you deliver your product or service? The key is getting the structure right from the get go, with a slide for each key component of your plan including business overview, target market, unique selling point USPmarket conditions, marketing plan, competitor analysis and so on.
What do you have in common with your competition?
Next, outline the processes and intangibles specialist knowledge, skills, reputation etc that enable you to meet customer needs competitively.
The School for Creative Startups has developed some key questions that will help you create your own:mint-body.com: Write a business plan.
ICAEW: Writing a business plan (pdf) Nesta Creative Enterprise Toolkit. Peter Thiel: sample pitch deck. The Prince’s Trust business plan pack (pdf) RBS online business planner. Join our community of arts, culture and creative professionals by signing up free to the Guardian Culture Pros Network.
Arts Business Plan_Final_9_29_04 4 Plan Ownership While this arts plan was developed with broad public input and guidance from a diverse planning committee, the plan is the sole responsibility of the ACJC. The ACJC is the only arts planning organization in Johnson County with a countywide audience and responsibility.
Our advice and guidance covers a range of activities, including applying for funding, running a business, developing audiences and learning and education resources. Whether you need help reaching diverse audiences, writing a business plan or commissioning new work, you’ll find information and sources of support here.
The Sierra County Arts Council would like to thank many people in the Sierra County community for their assistance in the development of this Business Plan. The Plan was written by David Scott, Ph.D., Treasurer of the Sierra County Arts Council.
A number of people were kind enough to read and comment on portions of previous versions. Creating and implementing a business plan is all important for arts organisations, as well as monitoring progress and following best practices.
Why plan and monitor business? This guide has been commissioned by Arts Council Wales and is intended to support arts organisations in Wales to develop and implement a business plan. 1. What is a business plan? 2. Why write a business plan? 3. What do good business plans look like?
4. Governance and business planning 5. Stakeholder management and business planning 1 What is a business plan? A business plan is a plan for action. It should address a number of core questions: 1.
What difference would you like to .Download