Strategic Business Planning

A Strategic Business Plan is much more than a tool to obtain financing. If you still have all your plans and ideas locked up inside your head, preparing a strategic plan helps you clarify your company's direction, ensures your key leaders are all "on the same page", and keeps both management and staff focused on the tasks at hand.

A Strategic Plan is often needed when...

• Starting a new venture, product or service

• Expanding a current organization, product or service

• Buying a new business, product or service

• Turning around a declining business

The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks. It also helps you anticipate potential problems as you move forward.

The plan can help you to...

1. Identify and describe the target customer profile, features, advantages and benefits of your new venture, product or service.

2. Justify that your plans are credible by fully researching the need being filled with your new venture, examining the market and the competition.

3. Develop plans for marketing, staffing and management to make sure you have everything in place for the new venture.

4. Develop financial plans, including projected startup costs, operating costs, revenue, profits, and break-even analysis for the first 3 to 5 years. Projected financial plans also allow you to effectively predict potential problems.

5. Identify building and equipment needs including vendors and cost estimates.

6. Formulate company milestones including timelines for upcoming products and services in development.

The perspective gained through your Strategic Business Plan can help insure your company's success, and help you get the funding you require. Your knowledge of your company and your industry, combined with our business and financial experience and expertise, can produce a Strategic Business Plan that gives you a clear roadmap to reach your goals.

Call us today at 401-738-2900 to discuss your planning needs, or fill out the form below.