What Tools and Techniques Can Aid in Business Planning?
Several tools and techniques can assist in business planning: 1. SWOT Analysis: A tool to evaluate the business's strengths, weaknesses, opportunities, and threats. 2. Business Model Canvas: A visual template for developing new or documenting existing business models. 3. PERT and Gantt Charts: Project management tools that help in scheduling and tracking progress. 4. Financial Modeling Software: Tools like Excel or specialized software for creating financial projections.