Business planning elements

A. Departmental Cost Control 1. Determine cost centers for the present and near future. 2. Delineate fixed, variable, and semi-variable expenses associated with departmental and corporate operations. 3. From financial data develop a consolidated report. 4. Determine a set of realistic income values, company wide and by department. 5. Develop variable/flexible budgets, consolidated and by department. 6. Develop a system of monthly, quarterly, and annual reporting of performance. An analysis of results compared to budget. 7. Analyze any commission structure changes and compare the relative impacts on the company and affected departments. 8. Develop contingent strategies to mobilize efforts for profit maximization including cost containment measures. 9. Assign departmental responsibility to key company personnel. 10. Establish datelines for documentation and manualizing of programs, systems, forms and procedures to be used.