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Business Plan
A business plan is a document that is generally used by a business owner to raise capital for his/her business. It describes the business or proposed business venture in enough detail for the bank or investors to be able to make a decision about whether or not to invest in the business. This is however, the most limited use of the business plan.
The real value of a business plan lies not in the printed plan but in the structured, analytical thinking required to formulate the plan. The process of planning will help you to think things through carefully, study and research those things that you are not sure about. It will also lead you to consider your ideas carefully.
Although this will take time now, it is time well used. Costly even disastrous mistakes can be avoided with a well-researched business plan.
Our experience proves that every business should have a business plan, to use as a road map to business success. It's a dynamic document that should be revisited at least once a year or whenever any major change in the business' history is taking place.
A business plan gives the business owner milestones for checking how the business is doing against the plan. Have goals been met? Has focus been maintained? Adjusting the plan according to changing circumstances helps businesses adapt, when necessary.
A business plan should be customised to the industry or type of business, but each business is unique and this should reflect in the business plan.
A typical business plan will cover the following areas:
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Executive summary
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Company description
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Description of products and/or services
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Marketing plan
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Operations plan
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Management and organisational structure
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Owners financial statement
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Established business
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Financial history and analysis
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New business
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Expenses and capital needed to begin the business
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Financial Plan
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Appendices
Be proactive start planning for a successful business today. Let us help you to put your business plan together - it will be a life changing, business' event!
Our philosophy is that we will help you and guide you through the drafting process. It is important that you yourself go through the thinking and research for the business plan. We also assist our clients with drafting a comprehensive financial plan which is a crucial component of a good business plan. Involving our clients in the detail will ensure that they understand and agree with the plan.
Our process ensures that our client will be able to answer any question asked by the bank manager, investor or any other party that they need to discuss the business plan with.
How a Business Plan can Help You!
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With Investors: You may initially use your business plan as a means of generating start up funding from investors. You research and write each section so that the investors can become enthusiastic about your goals and business strategies.
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Yourself: In the process of researching and writing a business plan, you make the most important sale of all and that is re-evaluating the business idea to yourself. By taking an objective look at the data you have researched, you may discover that you cannot feasibly make the business work. On the other hand, you may not only confirm the viability of the idea, but also realise that with some adjustments the business may have greater potential than originally anticipated.
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Potential employees: A strong well-written business plan can motivate the right employee to join your business. By selling your business ideas and a profitable long range plan, you can attract talented people who may be more inclined to stay for the long haul rather than join a company not knowing what to expect and leave at the slightest downturn.
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With the Bank for loans: Along with financial documents, you can support your need for a bank loan by using your updated business plan to sell the success of the business and need for new equipment or expansion.
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To buyers: You may sell your business more easily by showing potential buyers how your business has stuck to the goals and principles set forth in the original business plan. By updating the business plan periodically, you can illustrate growth patterns, milestones reached, achievements and overcome obstacles to support your asking price when it is time to sell your business
How do you make your business profitable
again?
This situation usually does not appear overnight but slowly creep up on the business owner and then suddenly manifest itself in the sales and cash flow.
How does one reverse the process?
There is not a simple answer to the question but there is a process to establish what is going wrong and to find solutions for these problems.
To establish what is wrong or not working properly.
We use a comprehensive questionnaire covering the following areas of the business.
- Company Objectives
- Marketing and Sales
- Sales to Customers
- Management and Workforce
- Training
- Operations
- Business Assets
- Administration
- Purchasing
- Finance and Accounting
- Risk Management
- Business Owner (Personal)
Once we have worked through this document with the business owner and or his management we do an analysis of the strengths, weaknesses, opportunities and threats (SWOT) of the business. We will then make recommendations and determine the priorities with the Business Owner.
Once that has been finalised we will work out an affordable business support plan so that we can assist the business owner in making his or her business profitable again.
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We assist
Business Owners in Sourcing finance for their Projects ! |
Options for Assistance with Drafting or Writing your Business Plan
We basically provide Five options to our clients.
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Option One |
We provide you with a template for a business plan and the narrative that guides you to draft the business plan. Included are two feedback sessions by us in the form of remarks and suggestions to your plan. Feedback can be done via telephone or by e-mail. Should you need more assistance than the aforementioned, additional assistance can be negotiated at an additional fee.
Remarks
This is the option for those clients that have done business plans before or those that prefer the DIY option.
The client can be
anywhere in the world as we can render this service
via e-mail.
Fees
The fee for the above option is R3000
Click Here I am interested in Option One
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Option Two |
Business Plan Questionnaire
We send you a questionnaire covering the information needed to draft your business plan. You complete it and return it to us. We then draft the business plan from the information supplied and send you the final business plan in a Word (for the narrative) and Excel (for the financial plan) format. You can then print and bind the business plan so that you can hand out copies to the bank, investors or your business partners.
The questionnaire is compiled in an easy to understand manner. We will gladly assist you with any further information or assistance you may need.
Remarks
This is the option for those clients who want to be involved in the collecting of the information for their business plan but need someone to help them in converting this information in to a professional looking business plan, that will be acceptable to the bank, investors and their business partners.
This option also allows the client to determine the tempo of the
planning process and will give the client the benefit of our experience to
customise the plan to their specific need and situation.
Fees
The fee for the above option
is R4000
Click Here I am interested in Option Two
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Option Three |
The same as option one, but we break the business plan down into three parts and help you and guide you through the drafting process. This option includes four feedback sessions by us in the form of remarks and suggestions to your plan. Feedback can be done via telephone if local or else by e-mail. Should you need more assistance than the aforementioned, additional assistance can be negotiated at a fee.
Remarks
This is the option for those clients that are comfortable to draft most of the plan themselves. They only need a template and some mentoring and guidance by us during the drafting process
The client can be anywhere in the world as we can render this service via e-mail.
Fees
The fee for the above option
is R5000
Click Here I am interested in Option Three
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Option Four |
This is the comprehensive hands-on service. We personally mentor you through the business plan drafting process by means of one-on-one meetings. At the first meeting we discuss and debate the first section of the plan in detail with you to make sure that you understand what you need to do, you then go home to do the homework. At the next meetings we will first discuss the homework done by you and debate any part of it with you as and when necessary. Secondly we will discuss and explain the next section of the business plan with you so that you will be able to do the necessary homework for the next session. This process will continue until the business plan is completed.
Remarks
This is the option for those clients who have a more complicated business idea and need a comprehensive mentoring service.
It is also for those client who are not comfortable to do the business plan on their own and need the services of a mentor who can act as a sounding board for their ideas and also challenge their thinking to make sure that they consider their plan very carefully.
This option allows you to determine the tempo of the
process and will give you the benefit of our experience to customise the
plan to your specific situation. This option can only be followed if you
are within the geographic area of one of our
mentors.
Fees
The fee for the above option
is R600 per hour (normal fee R750 per hour) and the number of hours needed will be
determined by the client and how complicated the business plan is.
Our experience has been that generally 20 hours are enough for a standard
business plan. More complicated business plans may need more hours
Click Here I am interested in Option Four
Free Business Plan Template !! (Only available to new and existing small business owners)
Do you really want to do it yourself? Well, we have the template for you. The template does not include the financial plan for the business plan. Our experience is that most new and existing business owners do not feel comfortable to draft a financial plan that is acceptable to the banks and investors. To assist you as business owner we have developed a comprehensive financial model projecting financial figures over a 60 month period. (It covers all the information generally needed by banks and investors) We will gladly assist you with the drafting of a financial plan from as little as R1000 depending on how complicated your financial plan is.
Our experience have been that it is a good idea to start with your financial plan first as that will give you a very good idea whether your business idea is viable and we will evaluate it to see whether you are realistic in your approach. Once that is achieved you then start with the narrative part of the business plan
1. Our financial plan is in an Excel format and we will assist you with drafting a comprehensive financial Plan covering the following.
You provide us with the financial information by completing our financial questionnaire and we will do all the above for you from as little as R1000! Depending on how complicated your financial plan is.
2. Our free business plan template has been successfully tested in a variety of industries.
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Manufacturing
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Wholesale
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Retail
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Service providers
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Repairs
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Transport
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Baking
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Agriculture
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Education
Our template is a word document that provides you with a
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Front page
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Confidentiality agreement
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An index
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Every heading of the business plan has a summary describing what you need to cover under that heading
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Headings of the business plan
Financial Plan (All of this is done in Excel format. This will be at a fee starting from as low as R1000. You will provide the information and we will draft the complete financial plan covering the topics listed below. This is the information generally needed by the banks. For more information contact us)
Once you have completed your business plan we will review it for you and give you our comments so that you can make any changes if necessary or get the confirmation that your business plan is ready to be handed over to your business partners or to be handed in at the bank to raise funds. This service is available to you at a nominal fee of R1000.
Contact us below and we will send you a copy of our business plan template that you can use to draft your own business plan.
Should you need or want more help then the above then please look at our other options for drafting a business plan available to business owners. Click here for Business plan options
NB.
In
order to receive the free business plan please tell us
Answer these questions in the e-mail that you will automatically generate when you click below. |
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We assist
Business Owners in Sourcing finance for their Projects ! |
When an experienced person helps a business owner or manager to realise their potential by building their skills to manage the business better. This could apply to a variety of different skills and depends on the business owner's or manager's specific needs.
Business mentoring is a powerful way to improve yourself and your business by using the knowledge and experience of a mentor to your advantage.
Need mentoring,
guidance or advice to improve yourself and your business' change for
success ?
To
contact us click here
What is a Business Turnaround Strategy?
It is a detailed plan of action to save a business or enterprise that is heading for financial ruin or distress.
Can all businesses be saved?
Unfortunately not, most business can however be saved if the turnaround strategy is implemented as early as possible before the business reach the point that it cannot be saved anymore
How does one determine a turnaround strategy?
A comprehensive audit of the business' processes and procedures are done to determine what is causing the deterioration of the business. Once this is done the areas of concern are identified and strategies to rectify it are considered and implemented.
How long does it take to turn a business around?
This will depend on the extent of intervention needed, the commitment and ability of the owner to implement the agreed strategies. A realistic time frame would be 6 to 12 months depending on the size of the business and how soon the strategies can be implemented with the full support of the owner, management and the staff
How much does it cost to have a turnaround strategy developed for a business?
The costs would be determined by the number of hours needed to determine the business' areas of concern and to develop an acceptable turnaround strategy.
Do you need help with your business that is not doing well?
Contact us for a free first consultation during which we will assess whether your business would benefit from a turnaround strategy.
To contact us click here We can help.
What is
Strategic Planning?
Strategic planning is a
structured process used by business owners and managers to
determine what strategy should be implemented to ensure that the
business will achieve it's vision.
The strategic planning process is also used when there are big changes taking place in the particular industry or product/service lines that the business are operating in. This will help the business to change its strategy so that it can survive the changes taking place in the marketplace. There are so many examples of business that did not notice changes in the market place and suddenly found them trying to sell a product or service that has become obsolete overnight.
The process focuses on the external environment, e.g. the market, clients, suppliers, competition, trends etc as well as the internal environment the strengths and weaknesses of the business.
The strategic planning process is usually followed by drafting a business plan. The business plan is all about implementing the strategy and can be seen as the roadmap with milestones that will be used to monitor the business' progress towards achieving its vision, objectives and goals.
We
facilitate strategic planning sessions for businesses on and off
site.
To
contact us click here
We can help.
Payroll Services
We offer a payroll service to
small and
medium sized businesses.
These services
include:
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Monthly payroll administration
- Monthly reports
- Electronic payslips
- Monthly reports
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Leave administration
- Calculation of hourly and daily rates
- Capturing of leave transactions
- Annual leave
- Sick leave
- Family responsibility/Compassionate leave
- Maternity leave
- Study leave
- Annual leave
- Calculation of leave pay
- Leave history and reports
- Calculation of hourly and daily rates
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Tax year-end and other annual report services
- Statutory employer information (IRP 501)
- Statutory employee information (IRP 5 and IT
3 certificates)
- Employment Equity report detail
- Statutory employer information (IRP 501)
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The service also includes:
- Customizing our service to your needs as far
as is practical
- Review of the remuneration structures to
ensure compliance with tax legislation and other statutory requirements
- Preparation of electronic transfer files for
employees' net salaries
- Customised reports in electronic format
- Monthly preparation of the EMP 201 return
for PAYE, SDL and UIF
- Utmost confidentiality in handling of
payroll information
- Our services are backed by VIP Payroll Software which is constantly reviewed and updated in line with statutory obligations
- Customizing our service to your needs as far
as is practical
Contact us today and let us discuss how we can help you with your payroll and related services.
Is your business flying high......... or crash landing ?
We have a business course that will help you to integrate theory with practical application.
The actual classroom training is one and a half hour per week so that it will have the minimum impact on you and your business. The rest of the week you will be applying the newly acquired knowledge in your business.
Duration :42 weeks
Venue: Johannesburg and Pretoria - Other venues can be considered depending on the number of participants.
Click here
to contact us We can
Help
Let us help you with those areas of your business that you are concerned about, or that you simply do not have the time to get to yourself. We have the benefit of an extensive network of highly qualified experts that we can call on to help you with any unique problem or challenge that you may face. The value that our services will add to your business and its future growth will far outweigh the cost.
We assist our clients with the following services:
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Strategic business planning.
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Business plan drafting and implementation.
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Marketing plan drafting and implementation.
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Sales plan drafting and implementation.
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Developing turnaround strategies and implementation.
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Business reviews/audits
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Cost saving projects
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Improving profitability
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Management coaching and mentoring
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Exit and succession strategies
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Human resources
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Funding for assets or working capital
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Financial planning
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Payroll services
Any/all of the above can be done as a single project or combined into a support program.
Contact us today and let us discuss how we can help you with your business' needs.