3 Essential Elements of a Business Plan that all Entrepreneurs should know

In this episode Sue shares the 3 essential elements of a business plan that all business owners and entrepreneurs should know.  Because to be honest you DON'T need to do a full blown business plan.  But there are 3 parts that every business owner should know.. if you want to be successful.  Whatever the size of your business, if you want to achieve financial and time freedom then taking action with these 3 elements are what will move you forward   KEY TAKEAWAYS Market analysis, talking to the people who your product or service can help reaffirms there is a market for what you are selling Having a marketing plan setting out what you will be doing means you will be filling the top of your marketing funnel Your finance section needs to have your sales forecast and goals and cashflow forecast Creating these 3 sections of your business plan will give you a feel for the landscape of the consumer market, the pre marketing work you can do and the actions you can take towards your achieving financial freedom   BEST MOMENTS ‘These 3 elements help you to focus your efforts and be more strategic’ ‘You don’t need a full blown business plan unless it helps you to articulate and focus your ideas’   VALUABLE RESOURCES Download my FREE Sales Forecaster and financial cash flow forecast on the resources page towards the bottom:  https://sueparker.io/resources Sales Forecast Learn how many sales you need to make to reach your income goals.Get my FREE Calculator Template & forecast the sales for your lifestyle business from years 1-5. https://sueparker.io/resources   Visit my website https://sueparker.io Be part of my community https://sue.team/ Follow me on Instagram or TikTok @Iamsueparker   ABOUT THE HOST  I’m a successful career mum turned entrepreneur (soon to be author..) and speaker.    I was one of a few corporate women in tech who was successful to reach a level before hitting my head firmlyon the glass ceiling. All while I was constantly having to choose between my kids and my career.  I was burnt out, overwhelmed and unfulfilled.   I wasn’t living, I was surviving and this outdated corporate career path wasn’t serving anyone.  I took everything I learnt about systems, data and technology and created my first online business empowering leaders through training, webinars and coaching. Before finally accepting my calling to help others escape the outdated 9-5 and create a business that works for their life. Leveraging mindset and technology.    CONTACT DETAILS [email protected]