The major reason why many small businesses fail to grow or die a premature death is the lack of planning. Many people believe that a business plan is only necessary if you are intending to get money from the bank. Nothing can be further from the truth. A business plan is the only way to ensure that you achieve the growth milestones you set for your business.
Think of it as building a multi-storey house. Would you undertake such a project without having an architect draw up a detailed plan for you? The same applies to your business. If growth is what you are looking for, then a business plan is inevitable. A business plan sets targets to be achieved, breaks these down into measurable milestones, and then details exactly what needs to be done, and at which stage, in order for the target to be reached.
All too often, entrepreneurs only approach us when there is an urgent crisis that needs to be solved through raising funding. More often than not, it is not possible to raise financing at short notice, and banks are not as eager to lend to someone in trouble as they are to lend to someone who is planning ahead. Loan funding may also not be ideal to your situation, and equity funding may take even longer to arrange. It is therefore better to project when funding will be needed, and to start raising it well in advance, and this is what our service achieves: planned expansion.
Adway Financial Services provides you with expert guidance and tools for coming up with concrete business plans that ensure your business achieves its objectives. We will also guide you at relevant points in the implementation phase (such as fund-raising) by providing technical and financial expertise where required. Our competitive pricing also ensures that your business is not overburdened.
If you would like a free initial consultation to discuss how Adway Financial Services can help you plan and achieve your financial goals in 2012, Contact us and we will meet with you in the shortest possible time.