Business planning
Setting up a stable future
Don’t dive into something as big as your career – but our business planning services will help you succeed.
If you want a good future for you and your business you need to start with a strategy. Startups and established businesses alike can benefit from a plan, use it as a basis for future decisions and a reference point.
What is Business Planning?
Business planning is the process of creating a roadmap for your business that outlines your goals, objectives and strategies for success. It involves a deep dive into internal and external environments, identifying strengths and weaknesses and creating a plan that is a decision making tool. This plan helps to allocate resources and ensures all stakeholders are aligned to the business vision and mission. With a plan in place you can navigate challenges and opportunities in the London market.
Do Your Research
A business plan is a way to show your business skills. To set yourself up for success you need to put a researched strategy in place that shows you can deliver a return on investment to potential funders.
Market research and market analysis should be the foundation of your business plan. You need to understand the industry you are entering by analysing the market strengths and weaknesses of similar businesses. Identify your target market so your business plan aligns with the needs and expectations of your ideal customer. Investors and funders will want to see your thought process before they hand over their cash.
Financials
Investors will also want to know how financially sound your business will be. This may be tricky for new startups but we’re here to help. Including cash flow forecasts in your business plan will give investors and banks confidence in your startup’s finances. We’ll look at current market conditions and your estimated business costs to create budgets, financial projections and forecasts. With a plan in place you can manage your finances from day one and keep the cash flowing.
It’s always good to have a Plan B for your finances. By looking ahead you can see cash flow problems before they get out of control and give yourself more time to act and save your business.
Building Your Business Plan
If you’re an established business there’s no harm in updating your business plan. As you progress in your career you may need to change your goals to adapt to the changing business world around you.
Our services also support business owners in their personal development and provide ongoing mentoring to help you navigate your career.
We’ll meet with you to review your previous plan, crunch the numbers and see if your goals are still achievable. If your plan needs to be adjusted or you want to pivot your business in a new direction we’ll apply our financial expertise and update your business plan accordingly.
Remember: business planning isn’t a one off task. We’ll review your plan regularly to ensure your strategy aligns with your goals and current situation.
You may not know exactly where you’ll be in 6 months time but setting milestones will get you on the right track. Things will change and plans will need to be adjusted but your overall goal will remain the same: to make your business successful. Planning is everything.
Benefits of Business Planning
Business planning has benefits for businesses of all sizes and industries. Here are some of the key advantages:
- Clarifies Business Goals and Objectives: A business plan defines your vision and sets clear goals.
- Identifies and Mitigates Risks: By looking ahead you can see risks and develop strategies to protect your business.
- Improves Decision Making and Problem Solving: A business plan gives you a framework to make informed decisions and solve problems.
- Better Resource Allocation and Budgeting: Allocate resources and budget to get the most out of your assets.
- More Chances of Funding and Investment: A business plan shows what your business can do, so it’s easier to attract investors and get funding.
- Credibility and Reputation with Stakeholders: A business plan gives you credibility and trust with stakeholders.
- Supports Growth and Expansion: With a plan you can plan for growth and expansion and long term success.
Who We Help?
Our business planning services are for business owners and entrepreneurs who want to be the best in their industry. Whether you’re a start up, small business or established business we can help you achieve your goals. We work with many industries including technology, healthcare, finance and more. We tailor our approach to each client’s individual needs and objectives and our results speak for themselves.
Start Business Planning
Ready to take your business to the next level? Get started with our business planning services today. We’ll work with you to create a business plan that meets your goals and objectives. Business plan writing, market research, financial planning and more. Book a free consultation today.
Heard enough?
To talk about what you need, just drop us a message, and we’ll be right with you.