A Strategic Business Plan is much more than a tool to
obtain financing. If you still have all you plans and ideas
locked up inside your head... preparing a strategic plan
helps you clarify your company's direction, ensures your
key leaders are all "on the same page", and keeps
both management and staff focused on the tasks at hand.
A Strategic Plan is often needed when...
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Starting a new venture, product or service
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Expanding a current organization, product or service
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Buying a new business, product or service
- Turning around a declining business
The Strategic Plan provides a blueprint, describing your
company, its products, the competitive environment, management
team, financial health, and business risks.
The plan allows you to...
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Identify and describe the target customer profile,
features, advantages and benefits of your new venture,
product or service.
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Justify that your plans are credible by fully researching
the need being filled with your new venture.
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Develop marketing plans including full descriptions
of targeted promotional campaigns with implementation
timelines. You also get to examine market conditions,
the nature of your customers, as well as your competitors,
sales potential, and projected results of your promotional
campaigns.
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Develop staffing plans including identifying the key
players, skills, attitudes and expertise needed to
build the venture.
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Develop management plans including full descriptions
of management systems and timelines for implementation.
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Develop financial plans including projected startup
costs, operating costs, revenue, profits, and break-even
analysis for the first 3 to 5 years.
Projected financial plans allow you to effectively
predict upcoming problems, or prevent them. In other
words, the perspective gained through your Strategic
Business Plan can make a significant contribution to
your company's success, and help you get the funding
you require. In fact, most lending institutions and
private investors will not even talk to you without
a solid financial plan.
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Identify building and equipment needs including vendors
and cost estimates.
- Formulate company milestones including timelines for
upcoming products and services in development.
Remember: Failing to plan is planning to fail.
Let us help you develop a powerful Strategic Business
Plan that drives your business to the level of success
you deserve.
Let us help you develop a powerful Strategic Business
Plan that drives your business to the level of success
you deserve.
