Business Plan Strategy

Clearly defining and outlining your business’s goals is a key piece in the growth and development of a business. Think Compass specializes in the execution of business plans, elevating the success of a business as a result. A strategic plan is a strategy that’s devised to achieve overall goals set by a business, accounting for resources, market restrictions, stakeholder demands and more. A strategic plan sets its sights on the future, where the business wants to be, not where it currently is. This means having to step back from the day-to-day operations of a business. If businesses are successful in growing, then as their operations become more complex, their strategic plans will have to respond by getting more sophisticated. Continuous growth is difficult, but a strategic plan can help make it more accessible to rally the leadership and resources necessary to support it. Think Compass has the capabilities and expertise to act as that support team, strategizing to put your company in a position to succeed. The following outlines our step-by-step process in building a business plan:

  • Executive Summary — a snapshot of your business
  • Company Description — describes what you do
  • Market Analysis – research on your industry, market and competitors
  • Organization and Management — your business and management structure
  • Service or Product — the products or services you’re offering
  • Marketing and Sales — how you’ll market your business and your sales strategy
  • Funding Request — how much money you’ll need for next 3 to 5 years
  • Financial Projections — supply information like balance sheets
  • Appendix — an optional section that includes résumés and permits