Five Year Business Plan, 5 Year Business Plan Sample and Example. 5-year strategic business plan example. Five Year Business Plan For The Company. How To Write an Effective Five Years Business Plan For Private Company. A Sample of Business Plan with Infographic.
Five Year Business Plan
A five years business plan refers to a written statement of goal that the company plans to reach within 5 years. It is a part of the mission and vision of the company. Five years plan is an inevitable portion of an effective company profile. It will assist to achieve the company’s vision in a dynamic way. Five years of a business plan not only make employees organized to perform their duties properly but persuade clients to keep faith in the company.
5 Year Business Plan Sample and Example
The magic touch company hereby has planed to achieve five goals following the next five years such as advertising in 2019, setting up another office in 2020, making more collaboration in 2021, associating with social work in 2022, and organizing international events in 2023.
Advertising in 2019
The magic touch has declared 2019 as the year of online marketing. Our company has taken all kinds of initiatives to achieve our common goal. Before, we had emphasized both offline and online marketing. As our company declared 2019 as the year of online marketing, therefore, we are focusing on online marketing now. Our company, the magic touch has made an ideal plan and already implemented it. Now we are waiting to see the result of the campaign. We had chosen social media for online marketing to attract audiences. Social media especially Facebook has become one of the most famous media among youth. Hence, we used Facebook to target audiences as well as for our publicity. However, demographic geographic psychographic segmentation is the most significant market segmentation technique to divide people into an identical subgroup. Finally, we have achieved our gratification through cumulative endeavours.
Setting up another office in 2020
According to the five years plan of the magic touch company, we are going to build a new office by 2020. This year is very important for decoration in our office because we are going to make some collaborations with the new organizations by 2021. Hence, we have to set up a new office near University Putra Malaysia. We are expecting that an agreement is going to be signed with University Putra Malaysia by 2021. Already our company fixed the location where our new office will be set up and it is near to Mines Resorts. The exact location of our new office is at South City Plaza. The magic touch company determines to complete decoration prior to 2021.
Making more collaboration in 2021
As has mentioned that we are going to make a bilateral agreement between the magic touch and University Putra Malaysia by 2021. So, we will make collaborate with more organizations. It is estimated that our company will make more than 20 collaborations with different companies. On behalf of magic touch a popular event management company in Malaysia, we believe in maintaining healthy relationships with all of our clients.
Associating with social work in 2022
Every year our company higher level authority sits together for further discussion about the company mission and vision. Our company is very liberal to maintain the rules and laws of the county. We never intend to breach any rules and regulations. For helping the unprivileged people, our company is coming up with helping hands to conscious mass people about health. We are expecting to organize a health camp to arouse hatred to spread plastic bottles everywhere. We believe doing little things can make a big difference. It is estimated that more than 8 million tons of plastic are dumped into our oceans every year. This campaign can reduce a million of plastics dumped in the ocean and save the world.
Organizing international events in 2023
According to our five years business plan, we set our international goal to organize worldwide events beyond Malaysia. In 2023, the magic touch is planning to organize an international event in Singapore, Thailand, Indonesia, Bangladesh, and so on. The magic touch possesses all kinds of resources to manage an international event. Based on our employee’s confidence and resources, the magic touch firmly believes that it will achieve the common goal.