Strategic business plan—commercial
Strategic business plan—commercial

The following Practice Compliance precedent provides comprehensive and up to date legal information covering:

  • Strategic business plan—commercial
  • 1 Executive summary/introduction
  • 2 Business details
  • 3 Key people details
  • 4 Clients
  • 5 How the services will be delivered
  • 6 Market
  • 7 Risk, competitor and SWOT analysis
  • 8 Marketing plan—products and services
  • 9 Recruitment and learning and development (L&D) plan
  • More...

Strategic business plan—commercial

    1. 1

      Executive summary/introduction

      1. 1.1

        This business plan has been prepared following a series of discussions between the partners. Each partner is responsible for ensuring that their team supports the objectives contained within the business plan.

      1. 1.2

        The business plan will be reviewed on a [monthly] basis and progress made towards the objectives is discussed at partnership meetings.

      1. 1.3

        While the contents of the plan are not disclosed outside of the [partnership], we encourage [partners] to discuss, where appropriate, what our priorities are with the members of their team.

      1. 1.4

        This plan seeks to achieve a small number of major objectives over the forthcoming year. [These objectives seek to help the firm further strengthen its position as a steadily expanding firm by diversifying into new areas of law.]

      1. 1.5

        Details of these objectives and how they will be achieved are contained in the action plan at the end of this document.

    1. 2

      Business details

      1. 2.1

        Activities of the business

        1. 2.1.1

          This business provides advice and services as follows:

          ServicesClient groups
          [identify the services the firm wishes to offer][identify the client groups to be served]
        1. 2.1.2

          Advice and assistance is provided on a [private basis only and we do not offer legal aid].

      1. 2.2

        Legal form of business

        1. 2.2.1

          [The business legally operates as a limited liability partnership between [name] and [name].

        OR

        1. 2.2.2

          The firm converted to limited liability partnership on

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