Help with business planning and strategy
A business plan is your vision of the future of your business. It is a vital tool in ensuring your business grows as you wish. Many businesses only produce business plans when they are looking for finance from their banks, but successful business owners produce them for themselves.
Paul Stephenson - Cognique
I have produced business plans both for business owners, and for their banks, and have a clear understanding of the difference!
The business planning guide below is designed to help you create a clear plan for your business. I hope you will find it spurs you on to planning for your business' success.
Forecasting and budgeting
If you have clear financial picture of the year ahead, you are better equipped to deal with any unforeseen problems. For example, by understanding your cash flow you will have plenty of time to organise extra financing when money is tight - or to re-reorganise spending to avoid cash flow problems.
Chris Budd - Ovation Finance
I have many years of experience in this area and can produce profit and loss, cash flow and balance sheet forecasts, to help you plan ahead.
Having a robust forecast can be an invaluable tool in managing your business finances. If done thoroughly it can show where deficits in cash flow may occur and give you a clear picture of the profits you may earn if your sales strategy is successful. The guide below will help you understand how forecasting can work for you.