Expert Business Plan Services | Bradford & UK
A brilliant business idea truly flourishes with a meticulously crafted business plan, complete with insightful financial forecasts, clear business goals, and a robust strategy to transform your vision into reality. Whether your business is a dynamic startup in Bradford, UK, or an established enterprise seeking new avenues, the need for funding, attracting angel investors, or onboarding new stakeholders is common.
An expertly developed business plan from Aksons Accounting & Finance can be pivotal. It not only rigorously assesses the viability of your business idea but also articulates your company’s future vision compellingly to banks and other lending institutions, significantly boosting your chances of securing essential capital. Our dedicated team comprises highly qualified business plan writers with extensive experience. We specialize in assisting small business owners across Bradford and the wider UK in creating professional, tailored business plans and precise financial projections designed to help you achieve your unique objectives.
Thanks to our close relationships and deep understanding of financial institutions, we instinctively know precisely what information is required and how it should be presented. This expertise ensures your application stands out, giving you the absolute best chance of obtaining the business loan or investment that perfectly aligns with your needs.
Why do I need a business plan?
Those looking to invest or lend money want assurances that they will get a return on their money or earn a higher return. So all investors or lenders will demand a solid business plan. Writing a business plan ensures you focus on your company’s overall operational and financial goals, as well as the finer details like budgeting, marketing, and planning.
Think of it as the road map to your business’s future! Think of it as the road map to your business’s future! Reviewing the business plan can help you see what goals have been accomplished, what changes need to be made and insights to drive growth. Of course, you can always go back to the plan to review, monitor its progress, and change direction if need be. It can also be used as a tool for any financial, management, or technology-related matters.
Use a business plan to evaluate your business and its progress. Schedule annual business reviews to assess overall business operations, financial health, and goals. It will also help you identify any weaknesses and guide any changes.Keep in mind that business plans can change and evolve according to your company’s needs and that you can seek the help of professional experts at the right time in case you find any weaknesses in your plan.
Naturally, any stakeholder who has invested in your business will expect to be kept up to date on how it is progressing. Budgeting and having a marketing plan will help you win the confidence of your stakeholder(s) by communicating your future strategy sales projections to outline how you intend to sell and deliver your products to customers as an attractive proposition for the future.
Creating a business plan has several advantages. While a business plan is necessary for a start-up loan application, you can still significantly benefit from having one. Here are six important things a business plan does for you:
- Share your thoughts and ideas about running the business giving anyone who reads it a clear vision of the future.
- Having a structured business plan helps you identify, and solve, any potential problems or issues in achieving your goals.
- Pay attention to the broad operational and financial objectives so you are more aware of any unforeseen problems as your business gets up and running.
- Achieve key business milestones. Think about the key elements of your business to inform decision making as you move forward.
- Circulate it to your wider team. Once everyone is familiar with the business plan, everyone can work together to achieve your vision.
- Use your business plan to run the business and map out your business’s future.
Your Business Plan Journey With Us
Your business plan should outline your company, strategy, and goals. Then, explain why your company will succeed. Here are some key features to include to convince banks and investors to fund your company’s expansion. Can we help you write a new business plan or review an existing one?
Your business and key objectives
Include a detailed business description, core services and products, business goals and a timeline for achieving them. Your goals can be short, mid, or long-term, depending on your business strategy. For example, when applying for a start-up loan, explain how you plan to use the funds to persuade the investor or bank that the money will be well invested.
Your operational plans
Also include the people or departments in charge of specific tasks. Describe each department’s responsibilities, daily operations, and cost analysis. Make an attainable goal that inspires everyone. Set a deadline for everyone to work towards.
Your sales and marketing plans
Demonstrate how you will create and manage demand for your product or service. Outline your sales and marketing strategies to attract customers, purchases, and the resulting annual revenue. Include your marketing strategy for reaching your target markets. The list should include marketing and sales promotions as well as advertising.
Your target customers, market and competition
Include a detailed business description, core services and products, business goals and a timeline for achieving them. Your goals can be short, mid, or long-term, depending on your business strategy. For example, when applying for a start-up loan, explain how you plan to use the funds to persuade the investor or bank that the money will be well invested.
Your skills & experience
It provides a helpful summary of your company to a potential customer or supplier. Showcase your skills, experience, education, and motivation for starting your own business. If you do not have relevant business experience, show how you can apply your skills to your new venture.
Financials
How will you create and manage demand for your product or service? Outline your sales and marketing strategies, including how you will attract customers, what they will buy, how much you will earn annually, how you will communicate to promote your products or services to your target markets. The list should include marketing and sales promotions and PR and advertising.
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If you need any help with the accounting aspect of your small business plan: writing, preparing or updating your existing business plan, please call us to find out more.