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Business Plan Advisory

Business Plan is the document which defines the goals, methods of acheiving thosed goals in a particular tim-frame. Success of a business strongly depends on adequate time and money invested towards chalking out a strong business plan and strategizing sma

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Introduction

All businesses start with a big, bright Idea. But it is the execution of the idea that distinguishes successful entrepreneurs from the rest. This excellence in execution is only possible if companies invest adequate time and money towards chalking out a strong business plan and strategizing smartly.

Drawing up a good Business Plan has multiple benefits such as:

  • Helps in budgeting and setting targets for your team
  • Helps in resource allocations – be it funding, manpower, or technology.
  • Helps in setting business goals and objectives & creating strategies to achieve them.
  • Helps in tracking your business performance and while undertaking regular reviews, take corrective actions if required.
  • During fundraising, a business plan is an essential document that you require; be it Debt or Equity.

While you can understand why a business plan is necessary, you must also understand what should be included in your plan:

  • Overview of the Company in Executive Summary
  • Market Analysis and Plan Management Team Financial Overview Products and Services Offered
  • Specific Goals & Milestones

Although the above is a more illustrative list, your business plan should be clear, precise, practical, and able to provide the reader with all necessary details. Use graphs, maps, ratios, and photos to make the plan document more appealing and reader-friendly!

Customizing an existing business plan: If you already have a basic business plan in place but believe your company has grown into something far bigger, you can consider our services. We'd do a professional review, make recommendations, and update it as required. We may also back it up with a comprehensive financial prediction model and recommendations for additional content based on your plan's target audience.

Building a new business plan: If you want to get off to a good start and stand out from the crowd with a creative business plan, we'd be happy to help. We start with a brainstorming session with you and your executive team. Following that, we conduct extensive research on your company, its products/services, market, and competitors in order to lay the groundwork for the business plan. To ratify various business statements, we then complement the strategy with comprehensive financials, including sensitivity scenarios and ratio analysis. We also create a working budget file with a version of the financial model for you to monitor on a regular basis.

Building a comprehensive financial model and sensitivity scenarios:  We prepare a detailed financial model for you, with options for you to conduct sensitivity testing, and we develop subset models for you to use as your operating budgets based on the same.

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