Business Planning
Business plan
A good business plan is important for determining whether a company foundation, a planned investment, an expansion to include products or business areas or a project is worthwhile at all. Ideally, it should support different scenarios. It also provides milestones that need to be monitored in order to be able to take countermeasures if necessary.
A critical assessment is important
In addition to assessing whether something is feasible in terms of numbers, a critical evaluation is necessary above all! Is what is intended marketable? How big is the market at all? How sustainable is it? Which developments or influences could have an impact on the project? What risks are involved?
Based on our experience, we can say that most people tend to delude themselves and approach the project with overly optimistic figures and assessments. This is understandable, because when people want something, when it is their "baby", they "bend the numbers"... In the beginning, it's all about assumptions and numbers, and they are patient and pliable.... But what happens when reality hits? Then great expectations may have been shattered and a lot of money burnt. This can cause great psychological problems and possibly cost the whole existence...
Therefore, a neutral critical assessment from outside is eminently important to be aware of the risks and to keep them as low as possible!
Our advisors have many years of practical experience and can support you with tools, methods and the know-how they have developed to minimise risks and successfully accompany your business plans. It is now up to you to contact us and discuss your ideas with us!