Business Plan

‘A Business Plan is something we prepare for the Bank then we bury it in a drawer isn’t it?’

Why do I need a business plan?

A business plan is necessary for three primary reasons:-

• It gives business owners a current assessment of the business as well as a road map for the future
• It helps a business grow, both organically and through outside funding
• It is essential to have an up to date business plan in order to secure finance, ranging from an overdraft facility or bank loan to venture capital funding

Financial Health Check

‘Cash is King’

Control of the finances of a business is critical to a company’s survival, growth and profitability. Key requirements include setting out trading and cash flow budgets for the business over the twelve month cycle and regular monitoring of performance and updating of budgets. However, many businesses are too busy with day to day activities and administration to do this thoroughly, if at all.

Business Funding

‘I only speak to the Bank once a year and I don’t know my Relationship Manager’

Is your funding package appropriate and do you have the time and courage to challenge your provider? As independent consultants with a wide range of funding knowledge we are ideally placed to provide a two way reassuring and pro active link between business and lender. In particular we would especially review the requirements under the following headings:-

• Day to day banking/funding
• Funding mix and Repayment Terms
• Interest Costs and Exposure
• Asset Finance and Leasing
• Property Finance
• Factoring & Invoice Discounting
• Small Firms Loan Guarantee Scheme
• Grant Sourcing
• Target Businesses
• Corporate Recovery
• Business Angels
• Relationship and Communication