Business plan
The preparation of a business plan is a vital tool for the establishment of a new business, which must be studied and drafted before decisions are made regarding tangible or intangible investments.
In preparing a business plan for establishing a new business, one must understand the differences that exist between what is “seen” in a business and what is actually “done” for the business itself.
The practical application of the ideas that may have led the entrepreneur to the decision to create a business should therefore be tested.
Key Data & Results
- Creation of Analytical Budgets
- Creation of the Forecast Balance Sheet and Profit and Loss Account
- Creation of a cash flow table
- Calculation of the Annual Cash Plan
- Preparation of detailed budgets
- Establishment of the Forecast Balance Sheet and Profit and Loss Account
- Creation of a cash flow table
- Calculation of the Annual Cash Budget
- Calculation of working capital and borrowing requirements
- Calculation of the ‘Exiting Sales’ of the Business (Breakeven Point)
- Analysis of Financing (Sources & Uses of Capital)
- Calculation and Analysis of Financial Ratios
- Product Evaluations and Margins
- Evaluations of Sales and Purchasing Policies
- Risk Analysis
The Business Plan can be used in parallel for:
- Obtaining a loan from banks
- Planning a new business
- Submission of NSRF & Development Law files
- Business opening decisions
- Evaluating the progress of the business and in other cases
