If you’re starting a new business or expanding an existing business you need a solid business plan. Also, if you’re looking for funding, banks and investors require a business plan to understand how you’re going to make money. With our experience in B2B business planning consulting we advise and guide you through the steps of developing a well thought-out, compelling business plan.
Business Planning Consulting for B2B Firms
Even if you’re not looking for external funding, a good business plan makes all the difference. It is your playbook for making the business successful and to make sure that you’ve thought of everything that you need and that may go wrong.
It’s All About Substance
Developing a compelling business plan is not a trivial matter. Of course, you want the final document to look good. But, many entrepreneurs make the mistake of not putting sufficient emphasis on the substance of the business plan.
It’s all about the content of your business plan. You need to demonstrate in a compelling way your understanding of the business concept and what it’s going to take to become successful.
Most of your effort should go into the “planning” activity itself: which customers to serve, what to sell, how to attract customers, how to beat the competition, and how to become profitable. In short, the business plan needs to show how you’re going to make money. You’ll need to work on every aspect of the business, you can’t leave anything to chance.
All of this means that good business planning can never be a rush job in an attempt to get a business plan “written” in two weeks to meet that meeting deadline with the bank. You need to take the time to develop the business plan properly, focused on the nuts & bolts of launching and successfully operating a business.
We Help You Develop a Great Business Plan
We specialize in business planning for B2B firms. We guide you through the process by asking challenging questions, acting as a sounding board for ideas, and keeping the process grounded. Developing a business plan involves making decisions about many aspects of the business venture, such as:
- How are we going to make money?
- Which markets to target, and why?
- What are we selling and how?
- How to attract and retain customers?
- How do we stand out?
- What prices to charge?
- Sales forecasts
- Pro-forma financial statements
- How much capital is needed?
- How to pay back the bank or investors?
We’ll work with you on refining your business model, testing assumptions, conducting market research, and developing sales forecasts. As a result, you’ll have more confidence in your business and your chances of success.
Elements of a Business Plan
Your business plan is meant to communicate that you’re serious, that the business concept is viable, and that you know what you’re doing. It also serves as the playbook for operating the business during the startup phase.
A good business plan contains these sections:
Complete Business Planning Support
We provide advice and guidance throughout the entire planning process. In addition, we can become an integral part of your team, working on assignments, creating spreadsheets, etc. Finally, we’ll help you create the final document for presenting your business concept to the bank or investors.
Fresh, Independent Perspective
Get objective advice on the viability of your business concept, what needs to be improved, why and how. It’s not just about getting funded, but about creating a sustainable, profitable business.
Focus on Business-to-Business
We specialize in working with firms that operate in B2B markets. With experience across a broad range of B2B market sectors, we can help you create a compelling, carefully thought-out business plan.
Business Planning Coaching
You may be confident that you can do most of the business planning yourself. But, you might want some business advice along the way from someone with a fresh perspective. In that case, we can be your Business Planning Coach, giving you guidance and suggestions strictly on an as-needed basis, as much (or as little) as you like.
You can also take advantage of business planning coaching if you have already completed a major part of the business plan and just need help to wrap it up.
Business Plan Makeover
If your existing business plan did not get a positive response from investors or the bank and it needs to be updated, we can help.
A Business Plan Makeover can range from a complete revision of the business plan down to a minor cleanup.
Business Plan Review
Do you have a completed business plan, but would like it to be reviewed before presenting it to the bank or investors?
We’ll review your business plan and give you feedback and suggestions for improvement. From our independent, fresh eyes perspective, we can give you recommendations about how to improve the business plan to enhance your chances of success.
Business Concept Feasibility Analysis
If you’re in the early stages of developing your business concept, it’s recommended to carry out a Feasibility Analysis first, before you start the time-consuming process of developing the complete business plan.
The feasibility analysis provides quick insight into the viability of your business idea and may prevent you from putting a lot of time, effort, and money into something that’s not likely to be successful.
To learn more about our business planning support or to schedule a free, no-obligation conversation about your business concept, please contact us.