A business plan for your managed IT services in Orange County Company is very crucial in California. However, despite the importance of a business plan, a lot of MSPs operate without one. An MSP may have a few early customers from personal relationships and referrals but the truth is that without a plan for your business, the MSP will have no idea where it is and where it is going in the future. It is therefore crucial for any MSP to have a business plan to steer it in the right direction. Here are some steps for writing your plan.
Mission statement
In the mission statement, you should know why you are in the business. The most obvious reason why you are in the business is to make money. However, you may have started your business with other reasons in your heart. Some people start with the goal of helping starting businesses to adopt new technologies, helping small businesses run efficiently and more. Once you have defined your mission statement, you should share it with everyone in your company to make sure that all your employees and stakeholders are working toward achieving the same goal.
Your vision
You will need to gaze into your crystal ball to come up with a vision of where you want your business to be in one, two or even five years. You should state how you want your business and goals to develop. Your vision can be defined by tangible or intangible measures.
Smart goals
Every managed IT services provider in Orange County should have SMART goals. It is crucial to set short long term goals for your business. Make sure that the goals are specific, attainable, relevant to your business and timely.
Objectives
These are your goals but taken to the next step. Here, you come up with tactical plans to achieve your goals and how to measure how successful you are in achieving your goals. You need to know the sales objectives and the markers to achieve your goals. There are different things you can measure to monitor the success of your plan and these things include new customers per month, number of clients, monthly recurring revenue, number of devices you service, services you offer to clients and the number of employees you have.
Operations structure
The operation structure should determine and define how your business is being run on a daily basis. You need to get down into the smaller details of your day-to-day functions. You need to know the types of employees you have, their skills, how the operations will scale to handle your foreseen growth and whether you need to hire more employees to deliver services.
Marketing plan
Your managed IT services Orange County Company in California should have a marketing plan. You cannot grow your business and get new clients if people don’t know your business. The only way to get people to know your business is through marketing. Don’t just rely on referrals to get new customers. You need to run online campaigns, do blogging and even advertise in traditional media.
