07

Starts at $TTD 1,500/$USD 215.
Prices vary according to the requirements.
1 hr

Start-up, For Investing, Financing, Strategic (For company growth)

A business plan, is a “written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement”. - Entrepreneur Magazine

Benefits:
  • It allows you to see the “bigger” picture:  with an ‘actual’ business plan, you get a clear picture of the business as a whole. This allows you to plan strategy as you are better able to “connect the dots”.
     

  • Strategic focus: Entrepreneurs and startup businesses who use a business plan tailored to their needs are better able to create a “business identity”- and can then focus on building that identity, as defined by your target market, and the products and services you are tailoring to match the needs of your customers/clients.
     

  • Set priorities: It’s impossible to do everything at once. When you plan, you can then prioritize - and so allocate your effort, resources and time to do things in terms of their importance. This also allows you to operationalize your business in an efficient and strategic manner.
     

  • Manage change: A business plan also provides you with the data required to check your assumptions, track your progress and see new developments or emerging trends before they ‘tip-over’ - and adjust accordingly.
     

  • Forces you to be accountable: Effective planning helps you to set expectations for yourself (and your company). This also allows you to track your results. Additionally, you can constantly review your business plan in terms of what you expect and what eventually happens.
     

Business Plans can take many forms:
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