How to Create a Strong Brand for Your Business How to Create a Strong Brand | Page 8

5 What are your business’ aspirations? 6 When creating a new brand for your business it is important set out your goals and objectives for the future. This effectively sets the destination for where you want your business to be at some point in the future. This is an important building block for both your business and for your brand because unless you know where you are going, you will not be able to make plans for the direction and growth of your business. Think carefully about the short, medium and long-term aspirations that you have for your business and categorise them as follows: Visit BlueIceBusiness.co.uk for more information. Objectives – short-term, usually 1-3 years in the future Goals – medium term, usually 3-5 years in the future Vision – long-term, usually over 5 years in the future Please note that these three categories do not stand alone – they should to be linked to each other so that attaining your objectives leads to achieving your goals which, in turn, helps to attain your vision. Once you have set and committed to these targets you should put plans in place to take action to achieve them. hints & tips Clear values supported by a strong culture will help to create a strong and sustainable brand. What are your business’ values & culture? A business and, therefore, its brand is like a person in so much as it is made up of beliefs and values which determines how it behaves in different situations. When building a brand, it is, therefore, crucial to have a clear understanding of the values and ethos that will guide your business. Consequently, it is important to establish a set of values that act as the moral compass that guides your business as it grows, creating a stronger business with clear direction, as well as helping to define your corporate identity. If you already have a strong set of values, then it can be useful to ensure that they are clearly understood and followed within your business. The culture of your organisation (which is driven by its values and ethos) plays a critical role, not only in shaping your new brand identity, but in building the reputation of your brand over time. It is important to ensure that the culture of your business supports and communicates your values. As new people are employed and others leave there is a risk that the values and ethos of the business are diluted or even changed over time. These changes can result in a disconnect between your brand promise and the product/service delivery which can have an adverse effect on your brand’s reputation. It is, therefore, important to takes steps to ensure that your culture remains consistent as your business grows. Remember, clear values supported by a strong culture will create a strong brand.