Every business needs a plan, but for many businesses trying to adhere to this whilst running the business is a continual juggling act.
A well-defined business plan forms the blueprint of your business, outlining your strategy, then showing how this can be achieved. It is also an indispensable tool when seeking external finance or investment.
Regardless of where you are in your business lifecycle, be it starting up, looking to expand or maybe considering an exit plan, formulating a business plan is vital. We have many years of experience working with a wide variety of owner managed businesses, from their embryonic start-up phase, as well as working alongside larger corporate businesses.
Creating a business plan, that supports your business objectives, can be highly beneficial, since it can help set realistic targets.
An objective review
Our expertise lies in following a tried and tested process which is designed to understand more about your business, we look beyond just the numbers. Part of this approach includes one of our principals spending time understanding your company, to learn more about your business aims.
Having built a financial portrait of the company, we will explore and sometimes even challenge what a business owner wants to achieve. This ensures that the business plan we create is a comprehensive and workable plan that is right for your company.
Financial predictions
Part of the process of developing a business plan includes us preparing forecasts looking at the company’s expected financial performance. Based on our experience we will identify and quantify key objectives, helping to steer the business towards it’s goals.
Our financial predications will be essential should there be a need to raise additional funding. Finance providers frequently insist upon seeing a comprehensive business plan, drawn up by a chartered accountant, before granting requests for additional funding.
As part of our business planning service we can also provide advice on the direction and development of your company through the following services:
