What is a Business Plan?

APC Revision
Jan 16, 2024
2 min read

A business plan is a formal document that outlines the future goals and strategies of a business. It serves as a roadmap for guiding your business towards success and helps you communicate your vision to investors, lenders, potential partners, and even your own team.

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Examples of SMART Business Objectives

SMART Business Objectives for Typical RICS Businesses:

Planning to Meet Business Objectives

An RICS business plan plays a crucial role in aligning and achieving corporate objectives. Here are some key ways how an RICS business can utilise its plan to meet desired goals:

Business Forecasting for an RICS Firm

Several business forecasting methods can be applied to RICS businesses, depending on the specific area of focus and desired scope. Here are some examples: