Financial & Business Plans
Whether you need a business plan for internal planning, to obtain debt financing, or to present to investors, Avidiant will deliver.
We work closely with you to understand your business goals for the future and develop your business plan and model. We will help identify your strengths, weaknesses, opportunities and threats, customer targets and consult you on the proper way to market your company.
We have helped design business models for start-up, early growth, and mid-cap companies. We can help design the business model from formation to implementation.
What to consider when writing a business plan.
A good business plan will help you obtain financing, arrange strategic alliances, attract key employees, and boost your confidence. It sells your company to the world and gives you direction as the world answers back.
A good business plan follows generally accepted guidelines for both form and content.
There are three primary parts to a business plan:
- Business Concept.
- Discuss the industry, your business structure, your particular product or service, and how you plan to make your business a success.
- Marketplace
- Describe and analyze potential customers: who and where they are, what makes them buy. Here, you also describe the competition and how you'll position yourself to beat it.
Financial
- This section contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. This part may require help from your accountant and a good spreadsheet software program.
Breaking these three major sections down even further, a business plan consists of seven key components:
- Executive summary
- Business description
- Market strategies
- Competitive analysis
- Design and development plan
- Operations and management plan
- Financial factors
In addition to these sections, a business plan should also have a cover, title page and table of contents.
How Long Should My Business Plan Be?
Depending on what you're using it for, a useful business plan can be any length, from a scrawl on the back of an envelope to, in the case of an especially detailed plan describing a complex enterprise, more than 100 pages. A typical business plan runs 15 to 20 pages, but there's room for wide variation from that norm.Much will depend on the nature of your business. If you have a simple concept, you may be able to express it in very few words. On the other hand, if you're proposing a new kind of business or even a new industry, it may require quite a bit of explanation to get the message across.
- The purpose of your plan also determines its length. If you want to use your plan to seek millions of dollars in seed capital to start a risky venture, you may have to do a lot of explaining and convincing. If you're just going to use your plan for internal purposes to manage an ongoing business, a much more abbreviated version should be fine.