This is the title of a presentation I am giving Wednesday at TD Ameritrade Institutional’s 2011 National Conference. Click here [1] for a full copy. The five sections of the presentation include:
1. Mission statements – how to start off on the right foot with a targeted and unique mission statement that encapsulates your value-added proposition and differentiating characteristics.
2. Business planning – How to develop a business plan that will assist you in taking your practice to the next level.
3. Client strategies – How to build goals and segment clients so that your capabilities and goals are in synch.
4. Performance management and measurement – How to measure your progress.
5. Resource allocation – How to allocate or reallocate your resources to put them to their best use.
I hope you find this information useful. Many view business planning as a necessary evil – and in some ways it is! But you and your business will be better for going through and sticking with the process.
(Contact me [2]if you want copies of the worksheets that accompany the presentation.)