5 Year Strategic Planning - Revision history

Tim Peeler at 18:05, 6 August 2019

2019-08-06T18:05:28Z

Tim Peeler at 16:46, 6 August 2019

2019-08-06T16:46:19Z

Steve Kleinman at 18:32, 21 July 2019

2019-07-21T18:32:24Z

Tim Peeler at 21:50, 25 January 2019

2019-01-25T21:50:56Z

Tim Peeler: Created page with "initial creation, needs updated"

2018-11-12T18:33:11Z

Created page with "initial creation, needs updated"

New page

initial creation, needs updated

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 ==== '''Explanation''' ====
-The [[5 Year Strategic Planning|'''Strategic Planning''']] section provides you with the ability to create a 5 year running budget.
+The [[5 Year Strategic Planning|'''Strategic Planning''']] section provides you with the ability to create a 5 year running budget. These budgets are designed to give you the ability to do long-term planning. You can set yearly growth predictions using a simple percentage based Yearly Growth Percent, fine tune your expected growth by setting a Custom Growth Calculation for Sales, Cost of Goods and Total Expenses. You can also customize your expected increase or decrease in Sales, Cost of Goods and Total Expenses for each year.
 ==== '''Instructions''' ====

← Older revision		Revision as of 16:46, 6 August 2019
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		+	__FORCETOC__
	==== '''Explanation''' ====		==== '''Explanation''' ====

← Older revision		Revision as of 18:32, 21 July 2019
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−	This section is designed to give you the ability to do long-term planning. When you incorporate long-term strategic planning into your business you have the ability to set long-term goals like building renovations, new fleet leases or large expansions. You can set yearly growth predictions using a simple percentage based ''~~Yearly Growth Percent~~''~~, fine tune your expected growth by setting a ''Custom Growth Calculation~~'' ~~for~~ [[~~Tracking - Sales~~\|'''~~Sales~~''']]~~, [[Tracking - Cost of Goods\|~~'''~~Cost of Goods~~'''~~]] and~~ [[~~Tracking - Total Expenses~~\|'''~~Total Expenses~~''']]. ~~Further, you~~ can ~~customize your expected increase or decrease in~~ Sales, Cost of Goods and Total Expenses for ~~each~~ year.	+	==== '''Explanation''' ====
		+
		+	The [[5 Year Strategic Planning\|'''Strategic Planning''']] section provides you with the ability to create a 5 year running budget.
		+
		+
		+	==== '''Instructions''' ====
		+
		+	The current year's budget is determined by the budget in your [[Budget Planning\|'''Budget Planning''']] area. The next 4 years can be configured independently using a simplified Sales, Cost of Goods, and Total Expenses increase percent. To create your Strategic Planning budget using the simplified tool, add the percentage of growth that you would like to strategize toward.
		+
		+	You may also choose to increase by a Custom Growth Calculation. If this is your choice, you will need to enter growth percentages for Yearly Sales, Yearly COGs, and Yearly Expense %.
		+
		+	You can also plan for major long-term events in the [[Strategic Planning Momentum Adjustments\|'''Strategic Planning Momentum Adjustments''']] which will make incremental adjustments to your 5 year strategic planning budget.
		+
		+
		+	==== '''For Advanced Learners''' ====

	These are your base modifiers and will give you an idea of where you company could be in 5 years. In the [[5 Year Strategic Planning Graphs\|'''5 Year Strategic Planning Graphs''']] section you can visualize the performance increase over 5 years and in the [[Strategic Planning Momentum Adjustments\|'''Strategic Planning Momentum Adjustments''']] you can apply custom ''What-If'' scenarios that will let you plan for future growth.		These are your base modifiers and will give you an idea of where you company could be in 5 years. In the [[5 Year Strategic Planning Graphs\|'''5 Year Strategic Planning Graphs''']] section you can visualize the performance increase over 5 years and in the [[Strategic Planning Momentum Adjustments\|'''Strategic Planning Momentum Adjustments''']] you can apply custom ''What-If'' scenarios that will let you plan for future growth.

← Older revision		Revision as of 21:50, 25 January 2019
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−	~~initial creation~~, ~~needs updated~~	+	This section is designed to give you the ability to do long-term planning. When you incorporate long-term strategic planning into your business you have the ability to set long-term goals like building renovations, new fleet leases or large expansions. You can set yearly growth predictions using a simple percentage based ''Yearly Growth Percent'', fine tune your expected growth by setting a ''Custom Growth Calculation'' for [[Tracking - Sales\|'''Sales''']], [[Tracking - Cost of Goods\|'''Cost of Goods''']] and [[Tracking - Total Expenses\|'''Total Expenses''']]. Further, you can customize your expected increase or decrease in Sales, Cost of Goods and Total Expenses for each year.
		+
		+	These are your base modifiers and will give you an idea of where you company could be in 5 years. In the [[5 Year Strategic Planning Graphs\|'''5 Year Strategic Planning Graphs''']] section you can visualize the performance increase over 5 years and in the [[Strategic Planning Momentum Adjustments\|'''Strategic Planning Momentum Adjustments''']] you can apply custom ''What-If'' scenarios that will let you plan for future growth.