Business Planning

Do you have a  Business Plan or is your Company Adrift?

Businesses have business plans to communicate their story to potential investors or banks that they are seeking to borrow funds from for the purpose of start up, expansion or growth.

  • The most common reason for small business to have a business plan is, however, for managing the operation day to day
  • Not having a business plan is tantamount to driving a car by looking through the rear view mirror: You never know where you have been until you pass it and the probability of getting where you want is extremely low.

Business planning is a flexible and ongoing process that ideally never ends. It should never be an arduous process and should be adapted to suit the organizations need. I am constantly amazed how many small business owners tell me they do not have a business plan or it is in their head
At R K Baulch and Associates, LLC, we can guide the small business owner through the very beneficial process of understanding where their business is headed and how it will get to its ultimate destination by coaching the owner through the planning and thought process to assure business success is not an accident but a series of contemplated programs and actions.

Keys Elements (Operational Plan)

  • Profit and Loss Statements and Balance sheets for three years, ideally
  • Marketing Plan and Sales Strategy
  • Assessment of Competition
  • Personnel and Succession Plan

(Click here for your Free Business Planning Download)