Getting Started: the First Five Years of Your Company

business structure planning

Getting Started: the First Five Years of Your Company

Business structure planning

We help you grow your business. The first five years are critical. You need to complete steps to define your organization’s purpose. Organizational planning means defining your company’s reason for existence, setting goals to achieve your purposes, and defining objectives that gradually help you meet those goals. There are four phases of a proper organizational plan: strategic, tactical, operational, and contingency.

Strategic planning

A strategic plan is your company’s big picture. Your strategic plan is a representation of your vision. It describes what your business will look like when you have achieved something you describe as success. Most new businesses have the initiative to get off the ground. But many business owners are too busy with daily demands to think five years down the road.

Tactical

The tactical strategy describes how you will implement your strategic plan.  Your company’s tactical plan outlines the specific steps you need to take to achieve your short-term goals.

Operational

Operational plans define what you need do daily execute your tactical plans. Your operational plan describes the key objectives and goals of your organization and how to reach them. 

Contingency

Contingency plans are there for you in case something unforeseen happens. It is  a backup strategy for your team or organization. It defines how you’ll respond if something unexpected takes place, like how you’ll pivot if you lose a key client, or your office is flooded.

We believe that a you ought to have a two-year plan to get started and regularly reassess your business planning processes before transitioning to the next set of planning and goals.

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