Putting together a business plan can be a daunting and complex task – from making sure that all your figures are accurate to laying out a watertight strategy, there are plenty of factors to consider. The quality of your business plan can be the difference between success and failure, so it is especially important that you understand the purpose and the essentials of putting one together before anything else.
Learn about the essentials of putting together a great business plan with this video, then read on to find out more.
A good business plan should be thorough, accurate and tailored to its audience. It is important to make sure that the plan you create explains clearly who you are, what it is that you do, how you intend on achieving these goals, and why people should be interested. Different audiences will expect different things from your plan, so focusing on the relevant information for individual targets will make sure that your plan impresses.
As well as understanding how to put a business plan together, it is also very important to consider why you need one. A really great business plan is not just about selling your business at the initial stages – even with support and funding, you will still find it almost impossible to navigate your business’s growth without an overarching vision in place.
It is this vision that you need to keep in mind when writing up your plan. This will be your roadmap for growing and building your business and navigating towards success. Learn the essentials and put together a plan that reflects the core ideas of your business and demonstrates how you’ll be able to turn those ideas into reality.
As experienced accountants in Watford, Dua & Co can provide you with the support and knowledge you need to transform a business plan into real success. We offer services ranging from business advice to growth strategy. Our accountants work with you to help grow your business and make it a success.
Get in touch to find out what Dua & Co can do for you.
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The wide range of skills and services Dua & Co. provides have been designed to improve business performance and profitability – using expertise honed through years of commitment to our business clients, we can help to monitor your business and industry, giving you proactive advice on how you can improve your bottom line. We’ll work with you to help implement any suggestions you take up.
Every business owner needs a team of professionals in the background, providing continuous support and advice to ensure everything runs smoothly. Our business support services can relieve you of many of your routine financial and accounting operations, leaving you free to use your energy where it is most required: growing your business.
Tax is a costly concern for businesses in terms of both time and money but, considering how much of your trading costs tax represents, it’s essential to handle it well. Increased reporting obligations, endless legislation revisions, robust investigation policies and harsh non-compliance penalties make it ever more time-consuming to keep up with demands, but Dua & Co. can keep abreast of these complex issues for you, while adding value to your business.
Financial planning is a continuous process of appraisal and review. Ensuring that your savings and investments are always being controlled in suitable environments where they are fulfilling their maximum potential is a complex task – but one which is essential for financial growth. We advise our clients on how to make the most out of existing assets and ensure every avenue for growth is explored.
Expanding your business internationally is a huge leap, with the potential for similarly huge rewards. No matter how confident you are in your business, international expansion throws up a whole new set of issues: understanding and adapting to a new marketplace, creating a new network of business contacts and monitoring local competition, to name but a few. We are able to provide clients who are braving the waters of international expansion with a whole range of unique services. We work with an International Partner who has coverage in over 90 countries.
Bookkeeping can take the focus off business and halt sales follow-up. Many businesses find their paperwork a headache or difficult. It is expensive to hire someone in to take on this work and a concern that they have the technical knowledge to comply with HMRC rules for VAT, PAYE and invoicing. Dua & Co. are helping more and more businesses by literally taking away the pain and doing all their financial paperwork! We share real time data with clients through cloud accounting giving access 24/7 with management accounts, graphs and Key Performance Indicators. We always meet to explain what those numbers mean leaving management time to focus on running the business. Become one of our success stories! Simply call 0208 421 3555 and ask Kelly to book you a free consultation. We work to support growing businesses.