A successful business starts with a successful plan but it is execution that distinguishes successful entrepreneurs from the rest. And for excellence in execution, one needs to plan and strategize well.

A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.

Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.

Benefits of Business Plan are:

• It helps you in setting up budgets and targets for your team.
• It helps you in planning your resources requirements - be it funding, manpower, or technology.
• It helps you in defining your business objectives & resultant strategies to achieve them.
• It is the most important document for management of cash/fund rising; be it Debt or Equity.
• It helps you in tracking your business performance, when undertaking reviews.
• With good planning process you regularly review assumptions, track progress, and catch new developments
• Good business planning sets milestones you can work towards. These are key goals you want to achieve, like reaching a defined sales level, hiring that sales manager, or opening the new location.

Customizing available Business Plan:
If you have a basic Business Plan in place, but would want a professional to review, amend and update it appropriately, let us know. We could even solidify it with a detailed financial forecast model and advise on additional content that should be included, considering your target audience for the plan.

Building a new Business Plan:
If you want to stand out with a unique Business Plan, we begin with a brainstorming session with you and your senior management team on the overall plan. Thereafter we research information about your company, your products/services, your industry and your competition to build the text portion of the Business Plan document. We supplement the plan with detailed financials, including sensitivity scenarios and ratio analysis to ratify various business statements. Thereafter, we also design a version of the financial model for you to track on regular basis, as your working budget file.