Business Start Up

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At Feathermen Consulting we’re proud of the way we get to know our clients and their businesses. Based on our relationships with clients, we are able to build financial plans which are robust, achievable and in line with what business owners want. Our fully qualified team brings its extensive experience to business planning for clients at different stages of their business development.

You will find Feathermen Consulting an invaluable partner for business planning, whether you are:

• Starting a completely new business
• Moving to the next stage of an established business
• Exploring routes for selling or exiting your business

We will work with you to decide on the right business planning cycle for your business.

For example:

• Write a 3-5 year business plan
• Give detailed plans and projections for 6 months ahead
• Plan in less detail for the following 12 months
• Broad plans for 12 months thereafter
• Outline to end of business plan

Within the planning cycle, you need regular reviews.
For example:

• Quarterly reviews, including:
  - Progress check against the plan
  - Revisions and amendments to original plan, according to results and external factors
• At least 6 months before the end of the planning cycle, prepare for the next 3-5 year plan

It’s a sobering fact that less than 50% of new businesses survive for more than five years. That’s fine if the plan is for a relatively short life for your business, with a profitable business sale at the end of it.

However, if you want to build a business that lasts for your working life and beyond (perhaps for your children to follow in your footsteps), you clearly need to think in different terms.

In all cases, you really do need a properly thought-out plan with enough financial detail to give you a real chance of success.

With a clear road map you can assess how you’re doing on a regular basis. By checking your progress you can decide whether your plans need modifying or even completely revising.

Perrys Chartered Accountants can help you navigate through multiple business planning scenarios. Get in touch now to give your business the strongest prospects for the future.

At Feathermen Consulting we understand that all business plans need to be tailor-made for each individual client. However, they do need to cover a range of essential elements.

We can advise you on best practice for creating business plans that will stand up to scrutiny from stakeholders in the business (including employees), banks and potential investors.

Core elements of a business plan:

• Main business objectives
• Mission statement
• Keys to success
• Industry and market analysis
• Competitor review
• Marketing plans
• Team structure
• Financial projections, including cash flow
• Tax position
• Funding requirements

We work with specialists in business planning for many different sectors throughout our network.

Our clients benefit from all our specialist knowledge and network of connections. To start your business planning process, contact us now for a friendly, informal, no-obligation consultation.