Sexy? No. Necessary? Oh yessss!
Very few of us wake up thinking - I must write a plan.
Mostly because, if we are honest, we aren't sure what we would put in it, or can't quite see the urgency let alone the importance.
But it is vital. Whether we look to survive, thrive, diversify or exit, we need a plan to work to and deep down inside, buried not that far beneath the surface, we know that. Yes we do.
Comprehensive Business Plan
Planning will help you to improve your business’s revenue, profitability, cash flow, and equity growth as well as strengthen core operational areas of your business as a first step toward the achievement of your goals.
The completion of a business plan with strategies for improvement, while also working on important improvement areas will strengthen your business’s ability to deliver on your expectations.
An online study found that 71% of fast-growing companies have either strategic plans, growth plans, or operational plans. These companies create budgets, set sales goals, and document their marketing and sales strategies.
Business planning gives you one of the best methods to grow a more successful business.
Business Planning Increases Chances Of Success
There have been many studies over the last 30 + years that business planning helps business become more successful. A business study of 11,046 companies in late 2010 found that planning improved business performance in fact those planning growing up to 30% faster than those that don’t plan. This study found that many businesses can find success without planning, but that businesses who planned regularly grew faster and were more successful than those that didn’t plan.
The connection between planning and fast growth is strong, with another study finding companies with over 92% growth in sales from one year to the next usually have business plans. Not all companies have a 92% growth rate, but the study also found that 71% of fast-growing companies have either strategic plans, growth plans, or operational plans. These companies create budgets, set sales goals, and document their marketing and sales strategies.
Financial Roadmap
Business planning focuses on all major areas of the business from marketing, to sales, across management, operations, human resources, and finance. Our focus on building a financial roadmap toward increased revenue, profits, business value, and cash flow ensures ongoing success.
Strategies Aligned To Goal Achievement
Goals aligned to financial outcomes and strategies aligned to the achievement of your goals is a sure way of building success. As part of your planning program, we’ll focus on the critical success factors for your business, what goals are needed to gain success and what strategies are developed to build action plan you and your team follow.