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Business Planning for Small Businesses

A key part of starting and developing a small business is the creation of a business plan. Not only if they are seeking investment, looking for a bank loan or to obtain a Visa for the owners. A plan is much more than that.

About Our Business Planning

A plan can act as a way to guide the business, to track whether cash flow might be difficult in the future, to benchmark performance of certain parts or services within the business or simply to anticipate resource requirements.

It is therefore key to have a plan which is written for your business, in a way that is useful, measurable and adaptable as your business changes and grows.  Therefore whilst we can focus the plan on a specific need (a business plan for investment or an entrepreneur visa business plan), our plans provide a much more useful tool for the longer term.

Andrew Millet and his team have been responsible for the production of over 500 business plans for a huge array of sectors.  Some of the small businesses we have worked with include an Ivorian chicken farm, a bespoke shoe and boot manufacturer and a mobile seller of German sausages.

Whilst our experience and knowledge is wide ranging, the firm has particular expertise in the following sectors: Financial services, Telecoms, Bio-Tech, Digital Media & Software, Retail and leisure.

We do not use templates and we do not use business plan software to create our business plans. Instead, we spend time with you to understand your business and what key variables exist that drive revenue and profit.  The plan is then written specifically for you.

Our business plans are formed of two parts.  The financial plan is nearly always required, whilst the written plan will depend on the exact purpose of the plan. These involve:

  • Financial plan – producing a forecasted profit and loss account, balance sheet and cash flow. This is usually over a 3 or 5 year period.
  • Written plan – producing a document that describes what the business is looking to do in the future.  This takes in issues such as the available market, competition and details of the businesses key team members and their experience.

Are you looking for a hand with business planning?

Fill in this simple form three step form and a member of the Wisteria team will give you a call back.