business.gov.au business planning video

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Meet Albert McFlaherty . Earlier this year, Albert started selling lemonade from his lemonade stand. Soon, his business began to exceed his expectations, so he decided to expand. But Albert didn’t know where to start or who could help him.

Luckily it was the year 2012 and there was many an internet to be found. Albert discovered the business.gov.au website, where he found practical tools and information to help his business grow. He knew a business plan could give him a sense of control and help him define the direction of his business.

Although business planning can seem daunting and time consuming, you don’t have to start with a blank piece of paper. Use the business.gov.au planning tools and templates to get you off to the right start.

The planning process can help you to:

  • learn about your industry, market and competitors
  • identify any challenges your might come across
  • set goals to give your business a competitive edge.

Albert’s business plan has helped him become a lemonade legend! Watch our Business planning  video to find out how it can help your business become a success.

Article source: http://www.business.gov.au/bepsyndication2005/go.aspx?url=http%3A%2F%2Fwww.business.gov.au%2FNewsandfeatures%2F2012%2FSep%2FPages%2Fbusinessgovau-business-planning-video.aspx&ContentId=8128&PageType=BusinessGovAuLink&PartnerUID= By: GOV Business presented by WGM Design Group