Every business whether just setting up or a business that has been established for years must plan ahead. A business plan is necessary and it is also necessary to review your plan continuously. The result of poor planning is often rushed and misinformed decisions, over/under capacity, inefficiency and missed opportunities. It is too easy to succumb to the daily pressures of work and delay or ignore strategic planning.
Every business needs to invest time in developing a long – term plan, starting with what you want to achieve from investing your time and money and what are your reasons for being in business and then developing a plan to help you achieve these objectives.
The financial aspects are usually the backbone to any business plan and you need to ensure that this aspect has been adequately dealt with in your plan. We can help you draw up business plans from scratch or review aspects of your existing business plans, such as projected cash flow statements.