How to Create a Business Plan as a Tool for Staying Focused

business success

A few days ago, we asked if you are wishing and hoping your way to business success. We talked about the importance of balancing all your dreaming with actual doing. And we thought that the next logical step would be to help you understand how to do that effectively.

How to Create a Business Plan as a Tool for Staying Focused

So, we’re not talking about an official business plan that is used for things like finding investors or getting a loan. We’re talking about a strategic business plan. The kind that is used to help you focus your daily efforts and create stepping stones to achieve the things you’re dreaming about.

Here’s what we do.  We created a simple Google spreadsheet the breaks things down into categories running from left to right.  We start each day by looking at the column furthest to the right to see what we have to do that day. When the task is marked “done”, it feels just as great as the old school crossing off in the notebook.

Columns for your strategic plan spreadsheet:

  • Success Factors. Here is where you list 2 or 3 success factors that define your business.  This could be things like “Get Into Stores”, “Launch e-commerce Store”, or “Produce Samples” (if you’re in the early stages of your business). The key here is to make sure that you’re listing things that will result in sales.  
  • Goals. You then break down your success factors into goals.  “Get Into Stores” breaks down into “12 stores in the first year”.
  • Strategy. “12 stores in the first year” breaks down into “1 new stores each month”.
  • Action Plan. “1 new store each month” breaks down into a list of things like “build relationships with boutiques”, “prepare retailer pitch”, “create press kit”, etc.
  • Tactics. Finally, you break it down to the nitty gritty.  “Build relationships with boutiques” breaks down into “connect with retailers via social media”, “sign up for retailers’ mailing lists”, “comment and engage on retailers’ blog”, etc.

See how by the time you get the “Tactics”, the column all the way to the right, you have created specific things you need to accomplish on in order to achieve the “Success Factors”, the column all the way to the left.

Make sense?

By putting together a document like this, and really breaking it down, you are making it easier for yourself to focus. Every day you wake up with an organized list of tasks that won’t keep you spinning your wheels and won’t allow you to get overwhelmed but the tasks at hand. But instead act as building blocks or stepping stones to get the final result.

Access your own Business Planning Tool Kit and Template in the Community! Right here.

Nicole Giordano
Nicole Giordano

Nicole is the founder of StartUp FASHION, an online resource and community supporting for independent designers around the world with building their businesses.A deep love for the craft of fashion paired with an adamant belief that success is defined by the individual, led her to found StartUp FASHION, where she helps independent designers and makers screw the traditional fashion business rules, create their own paths, and build businesses they truly love.More than anything else, she’s in the business of encouragement and works every day to remind makers and designers that they have something special to offer the world and that they can, in fact, do this thing!

8 comments
  1. Avatar
    Cecilia

    I’m so happy that I found this article, I’ve been racking my head trying to get everything done at once and not seeing really how, now I see it! Thank you!

  2. Avatar
    Jovanna

    I started following this site about a month ago on Twitter and I absolutely love it and all the valuable information it gives for a start up like mine. I read this article and find it very helpful, I am writing my new business plan today!

  3. Avatar
    Najla Burt

    I too am in the beginning stages of starting my own fashion line. I found this type of business plan extremely helpful! Thank you so much for these type of tips.

  4. Avatar
    Adrina

    I’m in the beginning stages, and this is so helpful…great info! Already, I’m finding it extremely important to be this organized. It’s tideous, but necessary.

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