Planning & Resources Plan and Allocate Resources Effectively The business plan plays a key role in allocating resources throughout a business so that the objectives set in the plan can be met. Once you've reviewed the progress to date and identified your strategy for growth, your existing business plan may look dated and may no longer reflect your business's position and future direction. When you are reviewing your business plan to deliver the next stages, it's important to be clear on how you will allocate and plan resources to make your strategy work. For example, if a particular business unit or department has been given a target, the business plan should be allocated sufficient resources to achieve it. These resources may already be available within the business or may be generated by future activity. You may need to do some precise budgeting to decide on the right level of resourcing for a particular unit or department. It's important that planning and resources are prioritised, so that areas of a business which are key to delivering the overall aims and objectives are adequately funded.