The business owner should always be working towards a goal. All too often businesses lack direction and are allowed to ‘drift’ from one year to the next.
Without a long term objective and focus on how the objective will be attained the business will risk stagnation or decline.
The output from planning process should provide more than words and numbers. There should be:
- ownership of the key deliverables in the plan
- an agreed process of review of actual results
- a process for taking any necessary corrective actions.
A business plan may be required:
- by external parties such as banks and investors
- by the business owner to pro-actively plan the business future
- as part of the owner's strategy to exit the business
- for merger and acquisition work
The skills required to execute the planning work may not be present within the organization, however, DAW Consulting can work with the business owner to prepare the required planning information, including business plans, annual budgets and cash flow forecasts.
Benefit from the expert financial management skills available through DAW Consulting.
Contact: David Willetts - Director
Tele: 01384 835 314
Mobile: 07973 383 802
email: dave@dawconsulting.co.uk
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