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Business Plans

Business plans are fundamental to businesses. Everyone knows that a successful business must plan ahead, but all too often the pressures of keeping the business going on a daily basis mean that strategic planning is not given the attention it needs. The result is often rushed judgements, over or under-capacity, or missed opportunities.

Every business owner needs a planning adviser who has the time and space to take the long view and advise on appropriate courses of action before it is too late. With years of experience advising the local business community we have a wealth of experience and expertise for you to draw on.

For your ease we have listed below related articles on this topic.  Where applicable there is also a list of useful links on the left hand side.

If you would like to speak to someone please do not hesitate to contact us.

 

Starting your business and how we can help

The more forethought you can give to the job of running your business, the more likely you are to succeed. We can help you plan your business and answer some of the questions you should consider before you start.

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Preparing your business plan

Failing to plan is the first step toward planning to fail.

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Business plans: the foundation for success

Any business, whether it is just starting out or is considering the next stage in its development, will need a business plan.

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Initial costs of starting in business

No one business is the same as another even if the product or service is similar. If you are starting in business it is important to avoid the pitfall of underestimating your start up costs.

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The hidden competitors

Whatever your business there is always competition. Before you start up a business, make sure you have checked out all the potential competitors.

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Annual financial planning

Planning is all-important in business. By planning for the future, a business can focus on how best to boost profit margins, to manage costs and to set achievable, realistic targets for growth.

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Partnership agreements

Did you know that if you have no partnership agreement, then the Partnership Act of 1890 applies. The framework provided by the act is simple and straightforward, but does not deal with the many complications of trading a century after it was passed.

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Small can be beautiful

Growth is not, as many believe, the only criterion of success in business. Indeed, it is perfectly possible to remain a small business and still be successful.

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The dangers of overtrading

Strange as it might seem, impressive sales figures and even improved short-term profits do not necessarily indicate ongoing success for a business.

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The right kind of growth

In the pursuit of improved profitability you might be forgiven for thinking that any kind of growth is desirable, but in reality there are two types of growth - healthy growth and unhealthy growth.

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