BUSINESS PLANS ARE DEAD

Business Birth Certificates are all the rage

WHY ARE PEOPLE OPTING NOT TO CREATE A BUSINESS 

Reduces the risk of business failure

Data and analytics provider illion revealed 54,992 businesses went bust in Australia last financial year.

If you go into business, there are no guarantees you will succeed.  What is guaranteed, is that you will have plenty of problems to solve.  Good on you for accepting the challenge!

It's important not to loose sight of why you went in the business in the first place and to reassess your goals so it remains worthwhile for you to stay in business.  It's not uncommon for us business owners to get a little side tracked.  

 

Creating and updating a good business plan can be very motivating.  Not only have you clearly established your objectives, but you've mapped out steps required, the order of priority and a time line. 

You'll have greater clarity as to how you'll get there.  It's in writing...  You can see it.

What makes a good business plan?

You can increase your probability of success by creating a good business plan.  In this process you’ll identify the problems you may encounter and create solutions.  You’ll also gain a better understanding of your level of risk and what you can do to reduce it. 

Our approach to business planning includes:

 

  • Defining Your Objectives

  • Organisational Structure

  • Position your Team

  • Feasibility Studies 

  • Risk Analysis 

  • Competitive Analysis

  • Market Positioning

  • Budget Forecasting & Cash Flow Projections

  • Operations & Procedures 

  • Marketing & Branding

  • Licensing & Legal Requirements

 

CLICK HERE to schedule your FREE Initial Assessment.

Understanding your business risks, means you can better manage them
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We will simply alert you when new material is uploaded.  We trust you will get in touch if/when you are ready for support 

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