Every business needs to have a well-written business plan. Whether to provide direction or attract investors, a business plan is vital for the success for your organization.
We will develop a comprehensive business plan for your project or business initiative.
Our unique business planning process, tailored to the specific needs of your business, will involve close collaboration with your executive teams to help define and design your strategy, and then build a viable business model and high-impact execution plan to bring your company’s vision into life.
More about Business Planning
What is the business planning process?
When creating a business plan, we actively engage with our clients to keep them on the pulse of the process.
- We work closely with you to understand your vision and goals. Then, we develop a clear roadmap for your business for the next few years.
- We arrange brainstorming sessions, question assumptions, perform independent research, explore and propose alternatives to help you achieve your business objectives.
- We prepare the first version of the business plan and discuss it with you in details.
- After receiving your comments, we make the necessary revisions and upgrades to answer all the questions the business plan needs to cover.
- Through detailed financial modelling, we show the financial standing of your business, its development scenarios, bankability and other specific aspects defined by the client.
- We pay high attention to market research and marketing strategy, which makes us confident in designing a tailor-made business model for your idea.
We keep in mind some considerations while creating a business plan for you:
- We are professional business advisors and not just story writers.
- We understand that the first version is rarely perfect. If you are not happy with our work, we aren’t either.
Why do I need a business plan?
Dwight Eisenhower said: “Planning is everything; the plan is nothing.”
Through business planning, you can get a clear picture of the ways of achieving your vision.
The business plan helps you to get a clear understanding about the necessary capital investments and operational expenditures for implementing your idea/project, calculate the financial efficiency (profitability, IRR, NPV, payback period, etc.), consider possible development scenarios and get acquainted with the financial nature of your business.
You can better understand the target market and its development capacity, prepare for your marketing strategy, while managing your business.
Proper risk management helps you to identify the key risks and prepare a mitigation plan for risk management purposes.
Who Requires Business Plans?
In general, business plans are considered an effective tool used for effective decision-making. They are best used by:
- Business owners,
- Investors and Commercial Banks,
- Business partners,
- Business supporting organizations and programs.