We’re up to number 21 in our series of posts on questions to consider when preparing a business plan. You can access previous entries from the sidebar on your right or via the Series Page.
Exports
Some more food for thought… questions that should be considered in reviewing Exports as part of the preparation of a business plan include:
- Do you sell any products or services overseas? If yes, to which countries?
- Are you planning to export goods or services?
- Have you visited the overseas markets?
- Have you developed an export plan for each market?
- Have you had discussions with officers of Austrade?
- What currencies do you normally sell in when conducting exporting activities?
- Do you take forward exchange contract cover?
- What due diligence have you undertaken in relation to the appointment of proposed overseas representative?
- Have you reviewed tariffs and import regulations that apply in the country to which you are proposing to export?
- Have you consulted your bank?
- Do you spend more than $10,000 on export market activities per annum including:
- Overseas representation?
- Marketing consultants?
- Visits to overseas markets?
- Communication costs?
- Free product sample ?
- Trade Fairs?
- Promotional material?
- Bringing overseas buyers to Australia?
- If so, do you lodge an “Export Market Development Grant” application prior to the 30 November each year?
In the next instalment we will consider Staff Development.
Business Plans – Some Questions to Consider
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This post is part of the 50-part series “Business Plans – Some Questions to Consider” (yes, there will be 50 of them!). Be sure to read the other parts of the series to get a full picture. You can follow the series along on the blog or read them first by subscribing to our popular Business Plus+ newsletter.
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
Christie has written 799 awesome articles for us at Alan Lewis Accountants – BLOG
Twitter: @christielewis
{ 1 comment… read it below or add one }
Excellent article breaking down the points to consider. I think the main problem people have with business plans is actually knowing how to put the whole thing together. Some of my clients have used both htpp://www.bplans.com and http://www.businessplanwiz.com and highly recommend them. They can help you to shape your plan much more effectively if you don’t want to go down the manual route.