In this episode of the podcast Make Money Mediating, Host Susan Guthrie provides listeners with a detailed guide to creating a robust business plan for their dispute resolution practice..
Susan emphasizes the importance of specific, measurable, achievable, relevant, and time-bound (SMART) goals. Susan also highlights the rapid growth of the dispute resolution industry and the scope for expansion it provides. She takes an in-depth look at creating customized plans, offering unique services, and setting realistic financial projections with contingency plans.
Susan also mentions the use of AI-assisted tools for efficiency. To stay ahead of the curve by reviewing your plan regularly, she suggests listeners review and revisit their plan at least once a year so they can successfully broker and make money. Masu.
Episode marker:
- 00:00 Introduction and welcome back
- 00:35 Importance of business planning
- 04:02 Growth of the dispute resolution industry
- 07:49 Create a killer business plan for 2024
- 20:00 Set realistic goals and objectives
- 23:05 Financial forecasts for a solid future
- 25:12 Risk analysis and contingency planning
- 27:55 Putting it all together: Overview
- 30:49 Conclusion and future workshops
This episode mentions:
LinkedIn Practice Building Tip of the Day Newsletter
The structure of a good business plan