Navigate Your Business
In today's competitive business environment, it is critical for a company to know where it is headed. With a clear vision of what is important and a strategic plan to achieve it, your business is armed with a road map for success.
A Strategic Business Plan is much more than a tool to obtain financing. Preparing a strategic plan helps you clarify your company's direction, ensures your key leaders are all "on the same page", and keeps both management and staff focused on the tasks at hand.
A Strategic Plan is often needed when...
Starting a new venture, product, or service
Expanding a current organization, product or service
Buying a new business, product, or service
Turning around a declining business
The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks.
Strategic Plan Benefits
How SPBs Help Your Business
As is a written description of your business's future, a Strategic Business Plan tells what you plan to do and how you plan to do it.
If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.
GWI will assist you in planning how you will get from here to there. We will:
Identify and describe the target customer profile, features, advantages and benefits of your new venture, product or service.
Justify that your plans are credible by fully researching the need being filled with your new venture.
Develop marketing plans including full descriptions of targeted promotional campaigns with implementation timelines.
Examine market conditions, the nature of your customers, as well as your competitors, sales potential, and projected results of your promotional campaigns.
Develop staffing plans including identifying the key players, skills, attitudes, and expertise needed to build the venture.
Develop management plans including full descriptions of management systems and timelines for implementation.
Develop financial plans including projected startup costs, operating costs, revenue, profits, and break-even analysis for the first 3 to 5 years.
Identify building and equipment needs including vendors and cost estimates.
Formulate company milestones including timelines for upcoming products and services in development
The perspective gained through your Strategic Business Plan can make a significant contribution to your company's success, and help you get the funding you require.
In fact, most lending institutions and private investors will not even talk to you without a solid financial plan.
Contact us today to begin your business' strategy for success.