Describing the definitions, purpose and components of a Business Action Plan. Published on Skillmaker the free online training platform. www.skillmaker.edu.au/business-action-plan/ by the author Cherish Taylor

1. Business Action Plan
By Cherish Taylor

2. What is a Business Action Plan?
•Set you on the right
track
•Internal business
document
•Achieve a goal.

3. What is the purpose of a Business Action Plan?
Outlines
• Resources required
• Timeline
• Tasks
To achieve a goal

4. What are the components of a Business
Action Plan?
Business
Action
Plan
Goal
Objective
Indicators
Strategy
Action
A good Business Action Plan has
these components:
• Goal -Overall vision
• Objective - Outcome
• Indicators –Milestones
• Strategy - Steps needed
• Action -Implement the step

5. What is a Business Action Plan like?
A Business Action Plan is
like when someone is
planning to go on a trip.

6. When do businesses typically develop of a
Business Action Plan?
• During or after a meeting.
• Set goals
• Seek investment for a
business
• Grow your existing
business

7. For more information
http://www.skillmaker.edu.au/
business-action-plan/