A professionally written, detailed and analytical business plan is one of the most important parts of any successful business. A business plan outlines the goals of your business and details how you plan to achieve those goals. It provides direction, helps you prioritise your efforts and evaluate opportunities. In short, a business plan is key to keeping you on track to success.
The standard business plan includes: a tailored company overview and objectives, product and pricing estimates, marketing strategies, operation and financial details. The standard report will have Business Nest's experienced consultants create a 13 to 15 page strong plan to jump start your business.
Standard Business Plan
Startup business
Creating a business plan for a new business helps to set priorities, establish goals and measure performance. It is a valuable tool in helping to drive your business by defining your objectives, mapping out strategies to achieve goals and helps to manage any difficulties that arise.
The business plan for a startup is focused on explaining what the new company is, what are its products and services, how it is going to accomplish its goals and the amount of investment required to get the business running. A new startup business is often required to apply for financing from investors and banks. A business plan can be a powerful tool in convincing these parties why they should fund the new venture.
Existing business
Business plans are not just for new startups, they are just as important for existing businesses. An existing business can utilise business plans to manage and steer the business. It allows you to clearly establish your strategy, allocate resources appropriately and establish metrics to track your progress. This will also help to evaluate what is working in your business and where there are opportunities for improvement.
An existing business planning to undergo an expansion or transformation can also utilise a business plan to ensure it can track growth and identify potential problems before they become a major issue.
Business migration/sponsorship application
Business plans are also required for business migration or business sponsorship applications. We will work with you to understand your business and develop a tailored business plan that will meet your requirements.