A good and up to date business plan fosters the development of the company.
While financial reports describe the past, the business plan engages with the future and shows wat to expect from the company.
A convincing business plan demonstrates competence.
A structured and current business planning helps examination of the business model and strategy over time.
The financial planning integrated in a business plan makes also a demonstrative controlling tool.
When the existing business is expecting a major change, or planning a new venture, investors look for transparent facts to justify their most probable investment pay-back chances.
Benefits of business planning
Business plan, business case, strategy summary, investors presentation, information memorandum or instruments like a balanced scorecard support decision making. Investors get confidence about expected cash flows from transparent and plausible assumptions about the future development of the company and its finances. Perceived risk influences also risk adjusted financial costs and terms.
Obtaining and maintaining adequate financing is easier if necessary information is available in a structured form and a quick production of convincing Credit Application, Placement Documents, Information Memoranda, Capital Budgeting, etc. is possible.
The business planning itself helps strategic considerations with such as scenario planning and is an optimal preparation for negotiations with investors, banks and other stakeholders. Papers can be derived swiftly also to recruit talents, get suppliers and clients or convince targets of joint ventures or merger.
Business planning starts with the definition of purposes, i. e. needs and wishes as well as the audience. Information about market, legal environment, technology, people, agreement. etc. are starting point, as well as about the development of the business model with financial reports, budgeting, analysis and valuations.
Based on such information you can, or we can develop, reviewing and completing, an understandable and convincing instrument. We can support you efficiently in the structured elaboration and accelerate the process.
The format of a business planning document depends on its presentation context. It spans from a Pitch Deck or a Teaser to a Feasibility Study, a Business Plan or an Information Memorandum; or even substantiate a Credit Application or a Balanced Scorecard.
The content of business planning documents is determined by the audience and the decisions requested. They build a convincing case for the organization’s ability to satisfy relevant stakeholders financial and non-financial expectations. Market data, assumptions, restrictions and the business model flow into financial plans and models which dynamically influence even structural decisions.
A business plan has to convince at first attempt. A second chance can’t be expected after a decline.
Business planning and preparation of presentation material is time consuming.
The decision about how much you do yourself or outsource might depend from resources available with your financial management function.
External consultants accelerate results. Such costs are usually a fraction of those caused by delays and mistakes.
We bill our efforts at reasonable rates, especially if we can pursue a target remunerated in case of success.