Business Planning
A good business plan should do more than set out your ambitions. It should give you a clear understanding of where your business is going, what it will take to get there and what could affect your plans along the way.
Whether you are planning for growth, seeking finance, considering investment, refinancing or preparing for a transaction, we can help turn your objectives into a realistic and financially robust plan.
Business planning with a commercial focus
We look beyond the numbers to understand the key drivers of your business and challenge the assumptions behind your plans.
Our work can cover:
- Business plans and strategic forecasts
- Financial and cash-flow forecasting
- Funding and refinancing requirements
- Growth and investment planning
- Scenario and sensitivity analysis
- Cost reduction and profitability planning
- Capital expenditure decisions
- Acquisition and transaction planning
The result is a clear picture of your expected financial performance, funding requirements and the key factors that could affect your plans.
Planning for growth
Growth can require significant investment before the financial benefits are realised.
We can help you assess the financial impact of:
• Increasing sales and entering new markets
• Recruiting additional staff
• Increasing stock or working capital
• Investing in equipment or technology
• Moving or expanding premises
• Taking on additional borrowing
By modelling different scenarios, we can help you understand what your growth plans could mean for profitability, cash flow and funding requirements.
Funding and refinancing
If you are approaching a bank, lender or investor, a robust business plan and financial forecast can help demonstrate how your business operates and how proposed funding supports your plans.
We can assist with:
• Preparing business plans for funding applications
• Developing financial forecasts and cash-flow projections
• Assessing funding requirements
• Modelling different financing scenarios
• Supporting refinancing discussions
• Stress-testing forecasts against alternative assumptions
Supporting important business decisions
Sometimes you need an independent view before making a significant decision.
Whether you are considering a major investment, acquisition, expansion, restructuring or cost reduction programme, we can help assess the financial implications and model different options.
We can help answer questions such as:
What will this decision cost?
How will it affect profitability and cash flow?
How much funding will we need?
What happens if sales or margins are lower than expected?
What needs to happen for the plan to succeed?
Forecasting and scenario modelling
Forecasts are most useful when they help management make better decisions.
We can develop financial models that show how your business could perform under different circumstances, including base, growth and downside scenarios.
This can help identify potential cash-flow pressures, funding requirements and areas of risk before they become problems.
An independent perspective
As a firm of chartered accountants and advisers, we understand that the numbers only tell part of the story.
We work with you to understand your business, challenge assumptions and ensure that your plans are commercially realistic and financially achievable.
Our aim is not simply to produce a business plan. It is to give you greater clarity and confidence when making important decisions about the future of your business.
Let's discuss your plans
Whether you already have a detailed plan or are starting from scratch, we can help you develop a clear and practical financial picture of the future.
You can get in touch with our team by phone, on 0121 633 2000, by email at enquiries@friendpartnership.com or by completing the form below with your query.
