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Business Plans
The BLUEPRINT for your Business is a Tool that Your Business Simply Cannot Afford to go Without!
The BLUEPRINT for your Business is your Business Plan.
Every business regardless of style, type or size should have their own business plan. Without a Business Plan means that you lack focus on your business.
WHAT IS THE PURPOSE OF A BUSINESS PLAN
There are two main reasons for producing a business plan. The first is to do with reviewing your business idea, strategy and analysing what your objectives are to ensure your business proposal is feasible. The second reason is to produce an analysis of your ideas and portray them in a way that will attract or provide confidence to a potential investor.
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Not enough time to prepare your Business Plan?
Not enough time to prepare your own Business Plan, not a problem. We can help you develop your own Business Plan with our unique package.
Apart from the creation of the Business Plan, it is essential to set up your Action Plan and monitor your performance against the Business Plan.
Our value package includes the following:
Give you access to online version of Business Plan
Write your Business Plan
Create your financial projections
Train you how to use software
Help you set up an Action Plan
Set up appropriate Monitoring systems
This is an awesome value package. Pricing starts from $350 through to $750 initially followed by $30 per month ongoing until you cancel subscription.
Reviewing your business idea
Business plans are often used for raising finance for the business as they are generally a requirement of lenders or investors. Although even if you do not intend to raise finance you should still prepare a plan to help focus your thoughts, check your calculations, help you monitor results and enable communication of your ideas.
Communicating your business idea with a financier
The lender, such as a bank, will be looking to see how you propose to handle risks that your company may encounter. They are concerned about the security of the repayment of the money they have loaned to you and so want to ensure that you will be managing the company’s risk wisely. As well as checking your credit rating a bank manager may ask you a number of questions which you will need to be able to answer, such as:
1. Why do you need the amount requested?
2. What will you do with it?
3. How do you know it’s enough?
4. How much less can the company survive on?
5. What other sources of finance do you have or who else are you borrowing from?
6. How are you going to pay it back?
7. What collateral or guarantee do you have?
You need to ensure that the first 6 questions are already answered in your business plan as it is much harder to change the manager’s mind in your interview with them. The bank will look for collateral and cash flow within your plan.