Business plans development
Why is a business plan important?
A business plan is a great tool for a company to maintain its direction and reach its goals. In other words, in can provide a roadmap to take the company where you want to go and achieve the success you want for the company. Therefore, the business plan should be an essential part of any business, whether you are just starting up or aiming for growth. Consilio Partners offers assistance in all key aspects of the creation of such a business plan from discussing overall company goals to consulting on the different sections of the plan.
Important considerations for the business plan
In order to create an effective business plan there are several questions to take into account. First of all you need to set up some clear objectives for the company:
- How do you want your business to look in e.g. 5 years?
- How many people are employed at the time in question?
- How many countries/cities are the company operating in?
- Is the business local, national, or global?
- What is the level of turnover and profits?
- And so on…
When creating the business plan, you should consider these questions not only for the short term but also for a longer period of time of e.g. 5 years. Answering these questions will help you set the direction for the business plan.
What does a business plan consist of?
- Executive summary
- Company description
- Organisation and management
- Service or product line
- Industry analysis
- Competitor analysis
- Customer analysis
- Marketing plan
- Operations plan
- Financial plan
Formulating specific business objectives and conducting an efficient business plan based on the above sections will help you clarify what sets your business apart from competition and why your business is particularly qualified to succeed.
Get assistance with your business plan
Does your company need a (new) business plan? Consilio Partners is ready to assist you in this process.