All organisations need to write a formal business plan as a guide, even if it's just at the beginning. Business plans help you manage transitional periods and growth within an existing business; working out where you are and where you want to be in the future.
Many MSP business owners come from a technical background and therefore, business best practices don't always come naturally to them. For this reason, drafting a business plan is more important than ever. By sticking to this blueprint, you'll make sure you stay true to your business vision, objectives, financial goals and more.
After 20+ years of providing IT services to U.K. SMEs, I understand that writing and enforcing official business documentation can be nerve wracking for MSPs with little related experience. Rather than struggle to find examples to model yours after, optimise your MSP business plan by checking out my seven point plan approach.
The plan–based off of the tried and true McKinsey Seven S's plan–is purposely designed to be broad and open to interpretation but by following it, you’ll set your MSP business up for success in the long-term!