We’ve all heard the saying… If you fail to plan, you plan to fail!

This is why business planning is key to any business. Research shows that businesses that undertake regular business planning have higher profit margins than those that do not. Think of your plan as a tool to guide your business towards your business objectives and vision.

A business plan can be used to help identify:

  • Where you are now
  • Which direction you wish your business to grow
  • How you are going to get there
  • What it will cost

Your plan can ensure that you meet certain key targets and manage business priorities as well as get through the difficult times that all businesses face.

The five main benefits of completing a business plan are:

  • To give your business a sense of direction and objectives to reach desired targets.
  • So you and your staff are able to measure your progress towards your targets.
  • To build credibility and convince others, like investors and lenders, that you know what you’re doing and where the business is heading.
  • To help you to understand the risks involved and anticipate potential problems
  • To define your target market and how to best reach them.

A business plan can be an effective competitive advantage. It enables you to perform better than you would without a plan and also enables you to outperform similar businesses without a plan too. However, just creating a business plan is not enough! You must adhere to it and you must re-visit it regularly!

Business Planning Sessions:
The Independent Accountant Ltd offers business planning sessions. In those sessions we help you complete a simple one page buisness plan. Our business planning sessions take up to about 2 hours. We can also do Business Planning reviews, to re-vist your plan and update it accordingly.

Why not set yourself up for success over and above your competitors! Let The Independent Accountant Ltd help you with your Business Plan!

Business Planning sessions start at $500 +gst