If you’re starting a new business, expanding an existing small business, or if you need financing, you need a solid business plan. Our Business Planning support is aimed at guiding you through the process of creating a compelling Business Plan. We specialize in advising B2B firms.
Even if you don’t need external funding, a good business plan is your playbook for making the business successful and being prepared for any contingencies.
Developing a compelling Business Plan is not a trivial matter. It is important to create a professional looking document if you need to present the plan to an investor. However, most of your time should go into the “planning” activity itself: evaluating options, analyzing ‘what-if’ scenarios, thinking through the strengths and weaknesses of the business model. All aspects of the business that you need to think through carefully and determine what it will take to make the venture successful.
A good business plan helps you to:
- Define the purpose of the business
- Plan HR and operational needs
- Create P&L and Cash Flow forecasts
- Get funding
- Communicate the business opportunity
- Provide structure to the business
If you’re in the very early stages of developing your idea or concept for launching a B2B firm, it may be advisable to conduct a brief Feasibility Analysis first, before you go through the effort of developing a Business Plan. The feasibility analysis provides insight into the viability of your business idea and may prevent you from putting a lot of effort into something that not likely to be successful.
Business Plans for Small B2B Companies
We specialize in creating business plans for small business, with a focus on B2B firms. We support entrepreneurs and managers by guiding them through every step of the business planning process, asking challenging questions, acting as a sounding board for ideas, and keeping the business plan grounded.
Developing a business plan involves making decisions about many aspects of the business venture, such as:
- How are you going to make money?
- Which markets to target, and why?
- What are you selling and how?
- How to attract and retain customers?
- What is your positioning?
- What prices to charge?
- Sales forecasts
- Pro-forma financial statements
- How much capital is needed?
- How will you pay back investors?
We’ll work with you on refining your business model, testing your assumptions, conducting any necessary market research, developing detailed revenue forecasts, and anything else that’s important to your business. As a result, you’ll have confidence in your business model well before we even start writing the business plan document itself.
Business Planning Support
To learn more about how we can help you create a sound Business Plan for your small business, please contact us. We’ll be glad to answer your questions.