Business/Strategic Planning

Would you set out on a long journey without a map to help you to your destination?  A business is no different, and the business plan is the map for the business to show where it is going and where it expects to be at any point in time.

No doubt the map will change, there will be road works, diversions and other unforeseen events along the way, in fact it may be out of date the moment it is written, but the thought process helps to guide the business to its destination.

Watts Accountancy can help organisations develop their business plans by working with the management of the business to ensure that plans are coherent and based on sound principles.

What we will do:

The exact details will be tailored to your specific requirements but we can work with you in the following areas :

·          Sales & Marketing

·          Product Pricing

·          Stock Control

·          Cost Structure Review

·          Product Contribution analysis

·          Resource Review (premises, staffing, materials, machinery, money)

·          Capital Investment Planning

·          Financial Forecasts

·          Scenario Planning

·          Risk Analysis

·          Sources Of Finance

·          Production of a complete plan incorporating both non financial and financial information with profit and loss account, balance sheet and cash flow statement

A business plan is not a one off process, but is a working document which should be reviewed and revised regularly by any organisation looking to survive and grow in today’s ever changing economy.