We undertake business planning services for the public, private and third sectors.We can help with all stages and provide the level of support you need, undertaking detailed research and capturing what’s inside your head and powerfully communicate it on paper.
For the public sector
We provide a range of business planning advice and support including
- establishing the feasibility of a specific project
- developing a business case for funding
- developing a business plan for a joint venture
- producing project specific business plans
Equally, for the private sector whether you are starting up, expanding or planning an acquisition, we will work with you to help you stay competitive and find appropriate funding. Our experience of working with a number of organisations in a wide range of industries, and with companies at nearly every stage of development means that we are ideally placed to identify pitfalls that businesses may face as they develop and grow. We believe an effective business plan written by the right people, in the right format and presented to the right financers / grant providers, is the most effective way of raising funding for your company or project.
For the third sector
We also understand the distinctive and unique requirements for the third sector, bringing together experience of leading, developing and successfully implementing plans for charities and not for profit organisations, both as Trustees and senior management. A good business plan can provide a framework to realise the vision, avoid mission drift, form the basis for fundraising and identify practical steps to maximising benefits. With resources likely to be tight, the business plan will enable them to be effectively allocated. Involvement and engagement of Trustees, staff, volunteers and external stakeholders in the process is key and central to how we work. We firmly believe that the third sector whilst very distinct to a business, should operate as business like as possible to ensure effectiveness, efficiency and focus to deliver maximum benefit.
New to it all then see below for some quick information.
What is a business plan?
A business plan is any plan that works for an organisation to look ahead, allocate resources, focus on key points, and prepare for problems and opportunities. Unfortunately, many people think of business plans only for starting a new business or for a private company securing investment. But they are also vital for running a business, whether or not the business needs new loans or new investments and for a range of organizations including the public and third sectors. All organizations require a plan to optimise performance and ensure development according to priorities.
Is there a standard business plan?
Business planning is about results. You need to make the contents of your plan match your purpose. Plan formats and outlines vary, but generally a plan will include components such as descriptions of the organisation, product or service, market, forecasts, management team, and financial analysis. Your plan will depend on your specific situation. For example, description of the management team is very important for investors while governance and stakeholder mapping are important for third sector organisation. However, if you’re developing a plan for internal use only, you may not need to include all the background details that you already know. Make your plan match its purpose.
What is most important in a plan?
It depends on the case, but above all it has to be realistic, deliverable and with a focus on implementation.
- Cash flow is vital. Cash is usually misunderstood as profits, but they are different. Profits don’t guarantee cash in the bank and the old saying profit in vanity, cash is sanity is very true.
- Implementation details are what make things happen. Brilliant strategies and beautifully formatted planning documents are just theory unless responsibilities are assigned, with dates and budgets, follow up with those responsible, and track results.