Business Planning

Do you know where your business is going? Do you have a strategic plan?

Hakim Fry work with you to formulate a clear vision of where you want to take your business, over what time period and how you will achieve this.

Too often the pressures of keeping a business going on a daily basis stop owners from giving strategic planning the attention it needs. Often, the result is judgements, over or under-capacity, or missed opportunities.

With years of experience advising businesses of all sizes in a wide range of sectors – we are well positioned to support you and your business in this area.

The key to any successful business is to have a clear plan and to take action during the implementation of the plan to ensure that progress is measured and corrective action taken where necessary.

The aim of our business planning service is to:

  • Identify where your business is now
  • Plan effectively for the future
  • Focus on key strengths
  • Improve management information
  • Maximise the effective use of resources
  • Identify funding requirements
  • Forecast the financial implications of the project

We can assist with the preparation of future plans and the preparation of annual budgets and financial forecasts.

We can advise on organisational changes and the various management and financial control mechanisms that need to be implemented.

We can assist with the raising of grants and financial assistance including applications to venture capital and equity providers and debt and loan capital funds.

Having assisted in the preparation of the plan, we will then work with you in the months and years ahead in the monitoring and updating of the plan to ensure that the most effective benefit is obtained for you.

Cash flows and forecasting

Producing regular business cash flow and projection reports can help your business to keep abreast of your financial position and can help to provide warning for future problems and issues that may arise.

Other projections, such as balance sheet and profit and loss reports are also useful, especially when attempting to raise finance.

Unfortunately, such reports can be very complex to produce, and involve a great deal of expertise. Mistakes can be expensive, and incorrect information can lead to unsuccessful funding requests, or worse still, could result in financial difficulties for you and your business.

Next Step:

Please contact Nilesh Patel  – ncp@hakimfry.co.uk  – or Lynn Clamp –  lmc@hakimfry.co.uk if you need further advice, have any questions about our services or would like a free consultation.