Personal Training Business Admin Tip: Business Plans Part 1

Today we are onto my favourite subject – Business Plans!

As a business owner, it is your responsibility (to yourself!) to write a business plan each year. Without it, you will lack direction, focus and very possibly affect the long term success of your business.

So if you’re new to writing a business plan, what should you include?

Lets go through some of the essentials:

  1. Mission statement — what is it you are setting out to achieve
  2. Describe your business – in brief terms, what is it you do?
  3. Short and Long term goals
  4. Customer overview – so details on your target market

Next week we will go through 3 more Must –haves, plus the one most important thing to do in any business plan!