Preparation of a Business Plan
There are two distinct elements to the Business Plan - the narrative and the financial forecasts. Initially, you will be given a pro forma plan which sets out each section of a standard plan and includes a series of questions which will force you to consider all aspects of the business.
There is also a series of financial questions which form the basis of a financial planning session to prepare the figure work for the accompanying forecasts.
When preparing a Business Plan, you must:
- Consider carefully the ideas underlying the business' concept
- Undertake detailed analysis and research of each aspect of the business; and
Set benchmarks to guide the development of the business.
In doing so, you must convince potential readers that:
- The business has commercial merit;
- The market for the business exists; and
There is a capable management team.
By going through the process of preparing the plan, you will produce a blueprint of how the business will achieve its stated objectives and how each aspect of the business will contribute to those objectives.
Other Business & Strategic Development services include:
- Business Valuations
- Development of Systems for Corporate Control
- Devising Recovery Strategies
- Preparation of Financial Forecasts, Target Setting and Monitoring
- Strategic Planning
- New Business Start-Ups