Use of these Templates • It is useful because it gives a direction to the business organization. • It acts like a perfect guideline for achieving individual as well as organizational goals. • Action plan templates are useful for employees and employers both as they can understand what are their responsibilities and what work they are expected to perform. • It is useful as it defines the lines of authority, responsibility, and states who is accountable to whom. Purpose of Using • To clarify the resources, that will be required for attaining the goals. • To set timelines for tasks and setting deadlines. • To allocate various tasks to the employees according to their potential, knowledge and skills. • Helps in optimum consumption of the resources and helps to avoid wastage. • Helps in predicting the risks and threats in advance and to take timely actions and solutions for them. • To find a strategy that works for the business and using it again in future for achieving goals. • To meet the deadlines on time and completion of tasks well before time.
and figures as inputted. This will help you tremendously especially in the financials when your expertise may be lacking. The template will allow you to write your financials as if you are an accounting expert. More importantly, your sample template will help you streamline the information you have collected for the establishment of your business. It will tell you exactly what information and figures are needed and appropriate for your business.