Starting your company right counts

Starting your company right counts

There are various reasons for this, but the main one is, it’s the footing of what you build from that supports the entire building.

 

These important early decisions range from picking the right name that sounds good, suggests your market and also that can be matched across all the companies branding whilst avoiding copyrights down to a business and marketing plan.

A business plan is something that 10 years ago I didn’t see the point of, it was something to me that successful business people liked to say to stand out (the key word here is successful)…….. until I done one properly with a consultant I had before going down the consulting route myself.

I would just run my business (small or large) and as long as more was going in than was going out and everything was paid then that was all that mattered. Not true! its not that simple, you can build a much stronger more profitable business by planning correctly and doing some short weekly checks is what will stand your business out from being just a business to being a successful well organised business.

It also helps to prevent you waking up at the end of the month with a bank with no money in and lots to pay even though you know the money is coming, you want it there on time…. this is a very lonely and frightening feeling. When I was running the largest business I had at the time I bought a consultant in to help me and he was genuinely frightened when I said I didn’t have a years business plan or cash flow forecast, so he made me do one whilst kicking and screaming about its pointless and your just trying to justify your money, then I had to eat my words as once I done one, I then done this for even the smallest companies I have been involved with havee had business plans, marketing plans and cash flow forecasts and you get to sleep at night.

 

Even if some months are a little more scary than others its so helpful to know cause then you have the ability to navigate – the amount of times I have done these three simple documents with clients and they have changed their business practices completely and this is for a few reasons:

1. They see they can make more money

2. They can see trouble coming within months so can act

3. They can see what they need to do to achieve their goals as a business

 

Many people have said the same as me about these document and that is, I sleep easier at night now cause i’m not worrying.  If this is something you have never done or maybe don’t have the experience of, we can help you with all of this remotely and most importantly affordably.

 

Doing the correct business plan, cash flow forecasts and market research means we can find where you sit in your field or sector and how we can together place you where you need to be and what is needed to create your goal, for argument sake if you just wanted to start a company that was turning over 150k paying you a wage of 30-50k then that is pretty straight forward it wouldn’t take long and we could easily get you on your way to this with very little time.

 

However if you wanted to create a business that is turning over 3M or more a year we need to take a bit more time with much more in depth analysis and create a much deeper plan – we can help with all of this especially with our BUSINESS DEVELOPMENT SERVICE.

 

We would be happy to discuss your business requirements and plans and can do this in person or via ZOOM, from there we can decide a steady route forward, if we fit your expectations on how to create your vision for your business, grow your business or stabilise your business – Either way we are here to help.