26 reasons why you need a business plan
TRANSCRIPT
26 Reasons Why You Need a Business Plan
A. Provide Direction 1. To prove that you’re serious about your business 2. To assess the feasibility of your venture 3. To reduce the risk of pursuing the wrong opportunity 4. To plot your course and focus your efforts 5. To judge the success of your business 6. To reposition your business to deal with changing conditions 7. To uncover new opportunities 8. To create an action plan 9. To help make decisions
B. Gain Intelligence 10. To better understand your competition 11. To better understand and target your customer 12. To understand and forecast your company’s staffing needs 13. To determine your financial needs 14. To consider different scenarios and test sensitivity 15. To provide a reality check
C. Attract Resources 16. To attract investors and funding 17. To attract employees and a management team 18. To attract partners
D. Focus Marketing 19. To force you to research and really know your market 20. To position your brand 21. To document your marketing plan
E. Define Baseline to Measure Against 22. To establish business milestones 23. To document and review previously unstated assumptions 24. To document your revenue model 25. To establish a budget 26. To create a forecast
Do you want to improve your chances of success by having a professional business plan created? Contact us today at www.CFOsolve.com. www.CFOsolve.com
About Dennis Fredrickson
Dennis Fredrickson has an impressive record of driving business growth
and has been instrumental in helping many organizations achieve
success. Business clients have realized benefits such as increased
competitive advantage, improved management of financial resources,
and the ability to make better-informed decisions that improved
business performance. This has resulted in increased sales, increased
net income and proactive management of opportunities and risks.
Dennis’ background includes diverse finance and management experience from within world-
class organizations including Universal Studios, Sprint, Employers Reinsurance (General
Electric), and Deloitte Touche, as-well-as small (including start-ups) and medium-sized
enterprises. His experience as a CFO and Finance executive includes financial planning &
analysis, strategic planning, forecasting & budgeting, profitability initiatives, business
development, restructuring, process reengineering and more. His well-rounded business
perspective, experience and achievements in fast-paced, dynamic environments provide a
unique combination of expertise and vision.
Dennis continues to provide targeted solutions to help clients achieve their business goals. He is
available to discuss your business challenges and opportunities. For more information or to
schedule an appointment, refer to the links and contact information below.
For more information, go to: www.CFOsolve.com
Connect with Dennis on LinkedIn: http://www.linkedin.com/in/fredricksond
Contact:
Cell: 813.390.5545
Interim CFO services driving business growth
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