Is your company fighting fit and ready to grow and deliver the future you want?
Successful business owners maintain that business planning should be a discipline for any well-run business to help identify and establish direction and strategy, focus ideas and goals, determine what resources are available and required and provide a benchmark for future performance.
Business plans are also vital when a business has to raise finance. As an external document, it will be a tool for 'selling the business'. Therefore, it must be accurate in language, grammar and business information, and presented in the most favourable manner. This can include relevant information on the company, such as financial information, its management and employees, strategies and the external market.
A fundamental element of the business plan is the financial projections, which support and numerically illustrate the wording contained within the business plan. Funders will be looking for a profit and loss account, balance sheet and cash flow projection for the short to medium future. This is a complex procedure, but Dains can help with the analytical input and extensive logic checks.
