Business plan development, financial modeling and forecasting.
To launch a new business, a new channel of business, or even a new product, without a business plan and financial model that provides a forecast of the resources needed would be like setting sail on an ocean voyage without a compass, map, radar or radio.
A good business plan should include far more than just a spreadsheet. That’s where CFO On-Demand can help – while you spend YOUR time doing what YOU do best.
Research and analysis should be undertaken to identify;
- Market potential,
- Competitive landscape,
- Regulatory issues,
- Personnel requirements,
- Capital expenses, such as new equipment or machinery,
- Inventory needed.
This analysis is essential in order to determine cash resources required to meet objectives, profitability and return on investment. If done properly, the business plan becomes a dynamic tool that can be easily modified and updated as new information becomes available. This same tool becomes the foundation of securing debt and/or equity financing that may be needed to execute the plan.
We have 20 plus years of experience preparing business plans. As your CFO On-Demand, this process can be accomplished efficiently and at reasonable costs, often utilizing templates we developed previously for similar business models.