Business Planning – Launching and Growing Your Business

We recognize that it takes much more than financial support to get a company off the ground; thus, we assist in every aspect along the way, allowing you to develop and grow a profitable business.

We apply our knowledge, talent, and resources to be the premium resource for hard to find solutions for the small business community. Our customers enjoy service from one single value-added source. And when a solution doesn’t exist – we strive to create an avenue to develop one.

Business Planning - Launching and Growing Your Business

Business Planning Launching and Growing Your Business

We work with entrepreneurs and aid in developing a business plan.  As important as the finished business plan is, equally important is the process.  In developing a business plan from scratch – together, we explore the market, find an unmet need,  create a product or service in response to the demand, figure out how to position it, figure out how to price it, determine breakeven, overhead, and ultimately what will get the business to profitability.

It sounds like a lot, and it is.  The goal is to make sure you understand your business and the competitive landscape you are facing.  We will crunch numbers, create projections, and determine the feasibility of launching this venture before you’ve signed a lease, quit your job, or sunk your life savings into an idea.

We focus on providing due diligence on current and potential market opportunities. This includes understanding the market, the likely share, positioning in that market, and accessing the resources necessary to execute. The result is a realistic plan and process that achieves growth and profitability.

Strategic Goals

For most people, starting a business is more than hoping to get rich.  And since running a business can be very encompassing, it is essential to understand why the entrepreneur is doing so in the first place.  Some people want to schedule flexibility to be with their children. Others wish the creative freedom to develop new products and explore new ideas.  Others want to make the world a better place.

Whatever the reason, the business still needs to make money.   We work together to make sure your personal goals are compatible with a viable business idea.  You can’t build a better mousetrap if you are worried about paying the bills.

Marketing Plans

Market analysis to decide what groups of customers (or markets) exist, what their needs are, what groups of customers you prefer to serve (target markets), what products or services you might develop to meet their needs, how the customers use the products and services, what your competitors are doing, what pricing you should use and how you should distribute products and services to customers.  The plan will indicate the position or market “niche” for the organization. The marketing plan will also address ongoing promotions, including advertising, PPC and Adwords, social media branding, public relations, sales, and customer service.

Action Plans

The business plan becomes your road map to launching and growing your business.  And as part of the process, we will develop action plans to execute the business plan.  What needs to get done? When? By Who? Where? At what cost?

We will help you create the discipline and the routine to work to create the results you want for your business.  We offer you our extensive financial and industry expertise so that it can save you time and money as you manage your business. We will help you achieve your success more efficiently and effectively.

Business Financial Statements

We firmly believe that you can’t run a successful business if you don’t get the numbers.  Your decisions will have a direct impact on the bottom line and whether the doors stay open.  We work together to determine start-up costs, cash flows, sales projections, breakeven analysis, and financial statements.

It is essential to understand the numbers and what they are telling you.  Your receivables are growing; is that a good thing?  How many jobs do you need to do to cover overhead?  Can you afford to buy that new truck?  We make terms like ROI, B/E, COGS understandable and useful. We call this Financial Literacy.

Cash Flow Management

In the beginning, it all about cash flow.  How much do you need to launch this business?  We call that starting capital.  How much do you need to get to breakeven? We request that working capital. Where is it coming from – Your savings? An investor? Will you need to keep your day job?  We work through those questions together and develop a breakeven capital needs assessment.

Cash flow is about making sure there s enough cash when the need arises.  Is there enough cash for the rent? To pay for merchandise? To commit to hiring a part-time employee?  Through cash flow statements and financial projections, we can begin to answer these questions.

We Are Here to help

We know the fear and frustration of launching a new venture – because we’ve been there ourselves. With Business Executive Coach, you’re never alone.  We offer online meetings via Skype and Google+ hangouts to get you started.

We help clients develop or fine-tune their strategy and business planning process by providing internal and external diligence. Results include a company mission, a focused business plan for future growth and profitability, and funding proposals and introductions.

We recognize that it takes much more than financial support to get a company off the ground; thus, we assist in every aspect along the way, allowing you to develop and grow a profitable business.

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