Business Plan Development


Developing a business plan forces you to step back and try to make a cohesive plan for the direction of the company. Why is this important? A business plan serves many purposes:

  • Forces you to visit all areas of the business to bring them in line with objectives.

  • Serves as a communication tool to your leadership team and other employees for the vision and direction of the company.

  • Creates a process where initiatives are challenged to make sure they are resourced properly and do the individual plans make sense when reviewed in an open setting.
  • Sets measurable goals that can be evaluated at regular intervals - monthly, quarterly, etc.
  • Balances objectives between departments so that they know what they are expected to do to support the overall company objective.
  • Lays the ground work for the next business plan development cycle.
  • Equips the leadership team with a common vision for what they are trying to accomplish.
  • Enables the owner/CEO to have a tool to communicate what the comp;any is trying to achieve when working with potential investors, bankers and other interested parties - even critical customers.

Why do few companies have a formal business plan process that they perform on a regular basis? It is time consuming and can be a distraction if not managed well. Brice Consulting is experienced in working across the boundaries of the business to pull together the raw data and information that can then be assembled into a product that can then be reviewed and discussed by a larger group. This discussion session can then be moderated to can reconcile inconsistencies and shortfalls into a final product. An organization familiar with the planning process finds it is an easy process to go through over time as they become familiar with it and know where they fit in the company.

 

Key Benefit:
A comprehensive business plan process will focus your team on the important objectives necessary to achieve your plan.

 

Deliverable:
A business plan process that integrates strategies from operations in your company toward the corporate goals that the executive team have set for the company, reconciling conflicts and where necessary negotiating operation and corporate strategies into a final strategy plan.