Businesses

STRATEGIC BUSINESS

PLANNING FOR SUCCESS

The financial well-being of your business matters. A Strategic Business Plan is much more than a tool to obtain financing.

Preparing a strategic plan helps you clarify your company’s direction, so you can tackle all the plans and ideas inside your head successfully,

ensure your key leaders are all “on the same page”, and keeps both management and staff focused on the tasks at hand.

A Strategic Plan is often needed when:

  • Starting a new venture, product or service

  • Expanding a current organization, product or service

  • Buying a new business, product or service

  • Turning around a declining business

  • The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks.

GOING BEYOND BASICS

OUR PLAN ALLOWS YOU TO

  • Identify and describe the target customer profile, features, advantages and benefits of your new venture or service.

  • Justify that your plans are credible by fully researching the need being filled with your new venture.

  • Develop marketing plans.

  • Examine market conditions, the nature of your customers, as well as your competitors, sales potential, and projected results of promotional campaigns.

  • Develop staffing plans, identify key players, skills, attitudes and expertise needed to build the venture.

  • Develop management plans including full descriptions of management systems and timelines for implementation.

  • Develop financial plans, projected startup costs, operating costs, revenue, profits, and break-even analysis for the first 3 to 5 years.

  • Identify building and equipment needs including vendors and cost estimates.

  • Formulate company milestones including timelines for upcoming products and services in development.

  • Projected financial plans, so you can effectively predict upcoming problems, or prevent them.

The perspective gained through your Strategic Business Plan can make a significant contribution to your company's success, and help you get the funding you require.


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