Effective business planning is critical for the success of any business.
It could be short term (12 months)or it could be long term (up to 3-5 years).
It encompasses the following:
Assessing current business environment
Market analysis in terms of size, segmentation, competitive analysis, trade practices, type of customers etc
SWOT analysis
Defining business objectives both short term and long term
Evolving annual budget for sales, production, purchasing, manpower,
expenditure, P& L ,Cash Flow etc
ZICON can facilitate in evolving such business plan for companies/SBUs by involving managers/key
team members of the organization by holding training workshops, coaching on the job, defining/
redefining formats for various key processes for data capturing and analysis, developing internal systems
with the process managers and IT teams and also provide support through hand holding for effective
implementation etc.