Menu
Ace Plus Tax Resolution
Tax Relief Services Los Angeles
  • Home
  • Tax Problems
    • Tax Resolution
    • Owing the IRS Money
    • Filing Prior Years Returns
    • Help with Your IRS Audit
    • When Your Spouse Owes the IRS
  • Tax Relief Services
    • All Services
    • Offer in Compromise
    • Installment Agreement
    • Payroll Tax Relief
    • Penalty Abatement
    • Release of Wage or Bank Levies
    • Lien Relief
    • Currently Not Collectible
    • Bankruptcy Dischargeability Analysis
    • Other Services
  • Reviews
  • Articles/Media
    • Articles/News/Blog
    • Media and Press
    • Videos
    • Podcast
    • IRS Updates
    • Resources
  • About
    • About
    • Send Us Your Referrals
  • Contact
  • (213) 600-7388
December 20, 2018

Business Planning Made Easy for 2019

James Cha, CPA, CTRS Business Tips, Decision-Making Tips, Newsletter, Profitability Tips

2019 is right around the corner, which makes today the perfect time to think about your business goals and where you want to be one year from now. As year-end wraps up, you’ll soon know your financial numbers for 2018. You’ll then be able to evaluate how you did and map out a new plan for 2019. 

If you’re like many small business owners, you may have started your business without a business plan. Most businesses don’t need a long 20-page document that will just gather dust on a shelf. But you might want to consider putting together a short, 1- to 2-page concise document that includes the basic components of a typical business plan: mission, vision, strategies, and objectives. 

A mission statement describes what the company is in business to do. And while you could simply state a mission similar to “Our mission is to sell our products and services,” you may want to think bigger than that in terms of how you want to be known or to impact more than your customers. 

A vision statement describes your company’s future position.  It’s what you aspire to be.  It could again be, “Our vision is to sell more products and services than any other business.” Or it could be more inspiring and uplifting. 

Your business strategies support how you’ll get from where you are to what is stated in your mission and vision statements. While there may be many ways to accomplish your mission and vision, strategies are the approaches you’ll take to get there. 

Goals are measurable destinations with a timeline that are created from your strategies. Objectives finally get down to the nitty gritty and state the tactics and action plans you need to execute to put all of this work into play. 

Each of these items can be written out on a few lines, taking up all together no more than a few pages. The benefits of having a concise business plan are many: if you think of an idea you want to do, you can check the plan to make sure your idea falls under your vision, mission, and strategies that you’ve laid out for the year.  If it doesn’t, then you’ll know that your idea would take you off track from your plan, and you know how easy that can happen these days with all of the distractions and options available to us.      

You may want to add additional sections to your plan depending on your strategies. If you plan to launch a new product or execute new marketing strategies, you might want to add a Market Summary section. If you seek new funding, you might want to have a section on funding options. With business planning, it makes sense to do what’s relevant, and nothing more or less. 

We wish you the very best in 2019, and if we can help you with the financial portion of your business planning, please reach out.

Marketing by the Numbers What Is Reputation Management?

Related Posts

Business Growth, Business Tips, Money Management

The 13-Week Cash Flow Forecast

Business Growth, Business Tips

Building a Continuity Plan for Your Business

Business Tips, Cool Tech Tools

Cool Tech Tools: Easy Ways to Create Video Graphics

Categories

  • Accounting
  • Accounting Software
  • Articles/News
  • bookkeeping
  • Bookkeeping Tips
  • Business Development
  • Business Growth
  • Business Tips
  • Cool Tech Tools
  • Cost-Saving Tips
  • COVID-19
  • Customer Service Tips
  • Decision-Making Tips
  • Expense Reduction Tips
  • Finance Management
  • Management Tips
  • Marketing Tips
  • Money Management
  • Newsletter
  • Payroll Tips
  • Personal Development
  • Profitability Tips
  • Tax
  • Tax Relief
  • Tax Resolution
  • taxes
  • Technology
  • Time Management Tips
  • Uncategorized

Recent Posts

  • 2022 Tax Filing and Payment Relief for California Taxpayers – Get The Facts Now
  • California Middle-Class Tax Refund is not taxable on 2022 tax returns
  • CP14 or other IRS collection notices: What if I can’t pay?
  • Crypto Tax Cheats and What to do if You can’t pay tax
  • $25K to 150K California small businesses – largest state grant!

Monthly Archives

  • Ace Plus Tax Resolution – A Tax Relief Service Specialist
  • I Need Tax Help
  • Remedies
  • Reviews
  • Resources
  • About
  • Contact
  • Privacy Policy
Ace Plus Tax Resolution is a BBB Accredited Tax Negotiator in Los Angeles, CA
Ace Plus Primary Color-md

Contact Us

(213) 600-7388

James@AcePlusTaxResolution.com

Business Hours
Mon-Fri: 8:30 AM–5:30 PM
Some Sat: 9:00 AM–12:30 PM

24-hour Live Representative Is Available. Call Us At Any Time!

Book Free Consultation Yourself!
https://calendly.com/aceplustaxresolution

Building Address - (Free Parking)
3435 Overland Ave. Suite 2
Los Angeles, CA 90034

Media Press

Ace Plus Tax Resolution is a BBB Accredited Tax Negotiator in Los Angeles, CA
© Ace Plus Tax Resolution 2022
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}