Business planning is an integral stage of business development, which involves formulating the essence of a business idea, calculating the payback and growth of future capital investment in a competitive market and justifying risks that may arise during the implementation process. Business planning is carried out on the basis of professional development of business plans, feasibility studies and integrated financial models for business development.
The purpose of business planning is to identify ways of developing a business to get more profit and to determine the effectiveness of an existing company. A correctly constructed system of managerial decisions will make it easy to adapt to modern market conditions, predict the situation in the future and quickly respond to external changes.
The creation of a comprehensive business plan is necessary to attract external financing and documentary explanation of the project to potential investors.
What does business planning allow?
Business planning is the first step towards creating a successful and profitable project that will allow the entrepreneur to:
|determine the prospects of a business project in the form of a system of quantitative and qualitative indicators, and assess the process of project implementation and its effectiveness in the future;|
|assess the costs necessary for the manufacture and marketing of products (services), compare them with the prices at which they will be sold in order to determine the potential profitability of the project;|
|determine the investment attractiveness of the project and make the right decisions;|
|avoid mistakes that can lead to significant financial losses;|
|identify indicators by which it will be possible to constantly monitor the state of affairs;|
|attract attention and ensure the interest of potential investors;|
|gain experience in planning and comprehensive assessment of the prospects of your company;|
|calculate future cash flows from invested capital;|
|develop an analysis of the competitive situation in the market and analyze the strengths and weaknesses of competitors;|
|develop tactics for achieving goals;|
|develop methods and terms of depreciation of all created capital assets of the project;|
|evaluate the overall riskiness, effectiveness and profitability of the project.|
What do we offer
HLB Ukraine provides services for the development of business plans with the analysis of the necessary coefficients, factor assessment, statistical, comparative and financial analysis, expert assessment, sensitivity analysis and the preparation of a discount model. Thanks to wide knowledge and many years of practice in various business sectors, we develop comprehensive and reliable solutions that ensure the implementation of even the most complex projects.
What do you get
Contains a detailed justification of the project and, as a rule, includes the following sections: overview and description of the company, product description, market analysis and marketing strategy, production schedule, work schedule, management and organization, financial plan, risk assessment, and also applications that may include documents confirming or supplementing the information contained in the business plan. Based on the business plan, a decision is made about project investment
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