Presentation Tips

7 Simple Ways to Power Through Your 2023 Business Plan

Jordan Turner
 | 
January 16, 2023
 | 
6
 min read
7 Simple Ways to Power Through Your 2023 Business Plan7 Simple Ways to Power Through Your 2023 Business Plan
Table of Contents

Your business plan isn’t one-size-fits-all. The company’s health and needs are constantly evolving, so it’s important to review and renew your business plan every year to ensure it aligns with the team’s goals and trajectory. 

What is a business plan

A business plan presentation is used to explain how a business will reach its goals and to show value to potential investors and partners.

Using a business plan presentation template, you remove some of the stress involved in developing individual slides to suit each purpose of your project. Instead, the templates leave room for customization, while providing the space and tools necessary for successful business plan design.

A business plan presentation can be useful for a new product launch, start-up and small business planning, investor updates, or mapping 2023 goals.

Throughout your business plan, you might show your audience what types of products or services you provide, financial targets, current investors, recent upgrades, information on patents and legalities, and other important information.

7 Simple ways to power through your 2023 business plan

Try these 7 tips to help you set goals and power through your 2023 business plan. 

Hold a retrospective meeting

Before you can look forward to the year ahead, and what you want to achieve, it’s important to hold a retrospective meeting to look back at the previous calendar year. In reviewing what worked well for the business, and what was a missed opportunity, you can decide the best course of action for the upcoming quarters. 

Start with a template

Starting a business plan with a blank canvas can be a time-suck. Your focus should be on the business plan itself, not fidgeting with charts and text boxes in the presentation design process. To help alleviate some of the burden of design, start with a presentation template. Our business plan template was curated by industry experts to reflect the principles of good design while incorporating everything you need for a comprehensive plan. It’s fully customizable, so acts as a jumping off point to help inspire your own ideas and structure. 

If our business plan presentation template isn’t quite what you’re looking for, try entering a custom prompt in DesignerBot (i.e. 2023 business plan for a new data storage company) and our AI-powered technology will create an entire AI presentation based on your description. 

Be clear on your 2023 business goals

When looking at your 2023 business plan, a key component is your overarching goals for the company. Whether it’s scaling the business financially, adding to the headcount of the team, trying new and relevant marketing strategies, or adding new product releases to the queue— be specific with what your goals are. This helps keep each department aligned on what their priorities should be in order to contribute to the business plan. 

Use a SWOT analysis 

A SWOT analysis is an evaluation model used to help identify strengths, weaknesses, opportunities, and threats to a business, project, or opportunity. SWOT itself is an acronym standing for Strengths, Weaknesses, Opportunities, and Threats. A typical SWOT diagram includes both potential internal and external factors and formats them into a single four-quadrant model. An effective SWOT analysis organizes data into these four basic categories and is a great tool to better define goals and how to reach them. 

Try incorporating our SWOT analysis Smart Slide template in your 2023 business plan.

Be prepared with a market analysis

In any business plan you should take note of the market trends and opportunities. What is your target market and the competitive landscape? If you always have your finger on the pulse of your industry and the competitors within it, this section of your business plan will come together more seamlessly. Companies should always be ready to pivot based on contingencies and unforeseen market conditions throughout the year. 

Nail down the financials

The financials can be a granular part of your business plan. Nailing down how much was spent in the previous quarters, what’s needed to accomplish your 2023 goals, and what’s left in the bank, can take a substantial amount of time. Having all these reports and numbers pulled ahead of time can streamline your budget plan for 2023 and help you secure the funds you need.  

Create an executive summary

Regardless of whether the business plan is for internal use only, or your intention is to present it to a board of directors or partners, you should always include an executive summary. An executive summary is a high-level recap of the key points in your business plan so stakeholders can get the jist of it at a glance. Think of it as the “too long; didn’t read” (tl;dr) of your presentation deck. This ensures that your main points are seen, even if the executives don’t have time to flip through the entire presentation deck in one sitting.

Jordan Turner

Jordan Turner

Jordan is a Bay Area writer, social media manager, and content strategist.