Creating business plans and business planning process

The process of business planning and business plan development in the modern business environment is becoming increasingly important activity because it takes on a more effective and efficient way to plan the use of available and required resources. It is necessary to study the complex business environment. Firstly, it is crucial to analyze our customers' expectation, intentions of our competitors and our ability to make the best possible way to preserve and increase the value of the business. Since the success of business decision-making greatly depends on the procedures used to determine the size of the plan, it is an imperative that the quality of a business plan meets the modern methodology of business planning

CREATING BUSINESS PLANS

Business effectiveness recommends a business plan with the following content:

SUMMARY

INTRODUCTION

1. ENTREPRENEUR INFORMATION
1.1 . A person undertaking
1.2 . Assessment of entrepreneurial skills
2. BACKGROUND
2.1 . The evolution of entrepreneurial ideas
2.2 . The reason for establishing
2.3 . The vision and mission of entrepreneurial ventures
3. SCOPE OF WORK (products or services)
4. MARKET JUSTIFICATION
4.1 . Procurement market
4.2 . Sales market
5. TECHNICAL DATA ELEMENTS OF ENTERPRISE
5.1 . Description of technology
5.2 . Costs structure
5.3 . The structure and number of employees
6. LOCATION
7. ENVIRONMENTAL PROTECTION
8. FINANCIAL ELEMENTS OF ENTERPRISE
8.1 . Investments in fixed assets
8.2 . Depreciation calculation
8.3 . Price calculation
8.4 . Operating expenses
8.5 . Working capital investment
8.6 . Sources of funding
8.7 . Income
8.8 . Performance indicators
8.8.1 . Financial flows (inflows and outflows)
CONCLUSION
LIST OF FIGURES AND TABLES

Business effectiveness' business plan includes:

  • Preparation according to the principles of HBOR
  • Certified consultants services of HAMAG INVEST

BUSINESS PLANNING PROCESS
Business effectiveness recommends a business plan with the following content:

Introduction to Business Planning

  • The term business planning
  • The main objectives of the business planning
  • The role of the controller in the process of business planning
  • Organizing the business planning process

Analysis of the business environment and defining strategic goals

  • PESTLE analysis
  • SWOT analysis
  • Defining strategic objectives

Business Planning

  • Types of business plans 
  • Techniques for business planning
  • Development of Operational Plan
  • Creating a financial plan
  • Creating a business plan

Financial Analysis and Reporting

  • Horizontal and vertical analysis of financial statements
  • Analysis of financial indicators
  • Identification and analysis of deviations
  • The purpose and structure of reporting
  • Internal periodic reports
  • Financial analysis of business plan

If you have a need for consulting services related to the preparation of a business plan or business planning process, please contact us at:

Phone: 01 / 2304 571

E-mail: eufondovi@poslovnaucinkovitost.eu