Getting your plans on track
We know its hard to start a business. The elements you need to consider to get your plan together are extensive. We are here to help you to be successful. An estimated 600 000 businesses are started each year in the UK alone. However 400 000 close each year. Our goal is to reduce the chance you don’t make it beyond your first year.
All our business plans are based on your business alone. We don’t use an off the shelf plan. Each time someone needs our help we build the business plan from the ground up all the information is fully applicable to your plans
Although we have been a long time in business and have no problem using language that sounds nice. However is you don’t understand it we feel we are making a mistake. We keep our advice simple so you know exactly what we mean.
All our plans come with a detailed action plan. This action plan will be based on your products or services within the market you want to compete.
The Business Owner
The purpose of this section is to have a clear understanding of who you are, what region you are looking to operate and where you are based. This will help to understand the market you are operating in. The Business Owner
This will clearly summaries the proposition in a simple way so that anyone can ‘get it’ quickly. The language must be concise and any numbers should be at the highest level. There should be no ambiguity it should scan as if being spoken in a normal conversational tone and not be a huge sentence! Executive Summary
Strengths and Weaknesses
The objective of this section is to challenge the potential business owner to reflect on where they add value and where they need to ‘fill any holes in capability’
It is important to understand what makes you the right person for this business. If a clients wants to buy something and both John and Fred are offering that service or product we need to capture why you are the best person to buy from. This will help to define your value but also give potential investors (if you need a loan) the confidence you are going to be a success. Strengths and Weaknesses
Products and Services
This value proposition must clearly outline the ‘core’ product or service in its simplest form. Products and Services
The Market Place
The objective of this section is to define the ‘arena’ that the business will compete in, it must be sufficiently well thought through and detailed to both demonstrate the size and the ‘busyness’ of the marketplace. The Market Place
The objective of this section is to show well thought through thinking about where and how you expect to beat the competition? Competitive Analysis
The objective of this section is to outline the logistical implications of the business so that you can assess the potential for sourcing etc … Operational Analysis
The objective of this section is to capture the numbers and undertake simple finance analysis. This will indicate how valuable your business will be. Financials
The purpose of this section is to understand how likely and how severe the impacts are on your business. We look at it from a financial and people front. Business Risks
The objective of this section is to highlight the need to consider the management that is required if you are employing people. People Management
The objective of this section is to highlight any dependency or impact from technology.
This section will outline the intended activities / roadmap, it should be in sufficient detail with clear milestones [things that can be measured] and committed dates. The plan must be backed with the capabilities that will be needed to make it happen. Action Plan
We employ a three step process. The Process
Capture your ideas
This is the first step of the processes. We will work with you to capture the basic information about your business. The Services or products, the market in which you want to compete and some information about you.
Draft your plan
Once we have all the information we will draft your plan for you. We will undertake additional analysis and work out each of the business plan sections for you.
Review and finalise
Once the plan is ready we will go over it in detail with you and make final amendments before we deliver it to you.