How to Create a Killer 90 Day Business Development Plan

Creating a Killer 90 Day Business Development Plan

As a business owner, you probably have a vision of what you want your company to achieve in the long run. But how do you ensure that you and your team are on track towards your goals? The key lies in having a well-thought-out business development plan.

In this article, we will guide you on how to create a killer 90-day business development plan that can help you achieve your short-term goals and get closer to your long-term vision.

Set Your Goals

The first step in creating your business development plan is to set your goals. Your goals should be specific, measurable, achievable, relevant, and time-bound. These SMART goals will serve as the foundation of your plan.

Once you have set your goals, break them down into smaller, actionable steps that you can take in the next 90 days.

Evaluate Your Current State

Next, you need to evaluate your current business state. Take a closer look at your strengths, weaknesses, opportunities, and threats. This SWOT analysis will help you identify areas where you need to improve and opportunities you need to capitalize on.

You can also conduct market research to understand your target audience’s needs, preferences, and buying behaviors. This information will help you fine-tune your product or service offerings and stay ahead of the competition.

Develop Your Strategies

Now that you have set your goals and evaluated your current state, it’s time to develop your strategies. Your strategies should be aligned with your goals and built on your strengths and opportunities.

For example, if your goal is to increase revenue in the next 90 days, you can develop strategies such as launching a new product, improving customer retention, or acquiring new customers through targeted marketing campaigns.

Don’t forget to assign specific responsibilities to your team members and set deadlines for each strategy. This will help everyone stay on track and accountable for their actions.

Measure Your Progress

The success of your business development plan depends on how well you measure your progress. Use key performance indicators (KPIs) to track your progress towards your goals and adjust your strategies as needed.

Regularly review your progress and make necessary changes to your plan. Celebrate your wins and learn from your failures.

Conclusion

Creating a killer 90-day business development plan is crucial for achieving your business goals. Remember to set SMART goals, evaluate your current state, develop your strategies, and measure your progress.

With a well-planned and executed business development plan, you can take your business to the next level. Start by implementing the above steps and see your business grow and thrive.