Starting a business is a challenging task, despite your knowledge and experience you may not be prepared for creating the mandatory business plan. For businesses seeking to raise capital having a plan is a requirement and one of the most common reasons why entrepreneurs need a professionally written business plan.
There are different types of business plans. A funding business plan differs from the others by its focus on the financial aspects, such as the use of equity and the potential return on investment. Business owners are free to create their own plans however If you are not ready to undertake such a task. Kumberland Inc has professionals ready to assist you to create that business plan that will improve your chance of getting that business loan.
How To Write A Business Plan For Your Small Business
The Starting point is generally to consider why you are writing your business plan. The plans will be different depending on whether they are for an internal or external audience or perhaps both. This can depend on the business stage reached and the industry or sector. As an example, a start-up business plan will generally be very different from a plan prepared for a growing business seeking significant external investment.
Key aspects of the process often include:
- Executive Summary
- Description of products or services
- Market opportunity and competitive differentiation
- Details of management team and ownership structure
- Financial projections
- Researching competitors, customers, and markets
We would be honored to collaborate with you and help you prepare a targeted business plan to achieve your goals. Whether you are starting a new business, seeking to secure loan for start-up, or upgrading your operations.
- Our Strategy
The first meeting
Understanding the Problem
Learn about our clients’ business goals, challenges: We ensure clear understanding and effective communication of customers' pain points. There can be no solution to a problem unless there is a clear understanding of the issue to be resolved or goal to be accomplished
The second meeting
Business Plan Consultant
Business Plan Consultation: The next step is that of gathering relevant information about the situation through brainstorming on different approaches and deciding on a final and best fit solution. Strategize on the best way forward with the proposed solution that will adequately address the pain points of our clients.
The final meeting
Problem Solution implementation: After ideas are evaluated, the best option selected and agreed upon. Our team of specialists then goes to work developing and implementing an appropriate fix that addresses clients’ needs in an orderly manner. Our clients can be assured this will be a collaborative process and they will be kept informed throughout the process from planning to final implementations.