Business Planning
What are the benefits to you of regular business planning sessions?
- Define the future of the business
- Increase ability to raise funding
- Understand market business operates within
- Structure execution of business goals
- Employees become motivated
- Visible goals are created
What do we provide you with?
We deliver:
- Sessions to deliver business plan
- Understanding of your business
- A formal professional business plan including:
- Vision of company
- History of company
- Market within which it operates
- Operational Plan
- Organisational Structure
- Financial Information
- Strengths, Weaknesses, Opportunities and Threats analysis
- Implementation plan
- Internally customized business plans
- Presentations to stakeholders
- Business plan coaching
What is included in 'business planning'?
Travel to distant places and for extended periods of time requires careful planning. Typical consideration may be how much money do we need, how are we going to get there and where are we staying. Unfortunately when planning the direction of our business we do not spend the same of time and energy on it and yet it forms the most essential tool to guide our business into the future.
Businesses who do not perform proper and frequent business planning sessions do find that they can not respond to changes in market competition or have long delays in increasing capacity.
By definition a business plan is a formal plan of the activities of the business detailing how the business will achieve its goals. The plan is usually supported by a set of projected financial statements and/or an implementation plan. The intention of a business plan is to provide a business with a guide to the future.
These formal business plans are normally required by externally parties such banks and tender boards with the emphasis on goals important to them particularly financial goals. Business plans are required internally to ensure the business can deliver on its immediate target goals and can be designed for a variety reasons.
A formal business plan usually covers:
- Nature and history of the business and its future
- Management of the business
- Description of current and proposed financing arrangements
- Identification of operational and financial risk factors
- Estimated return of investment
- Proposed exit process
- Financial statements, historical information and projections
