When starting a new business, going towards a new strategic direction, investing into a new product or commencing a new service line, it is essential that you create a business plan.
“A business plan is a guide that not only helps you set up your business but also helps third parties like investors have a detail view of your business before it is operational.”
Most entrepreneurs build their business plan themselves but often ditch the plan after finding out that it is not practical and reliable. At Mayah & Co Consulting, we have a team of research experts who work with accountants to draw up reliable business plans for most industries and sectors.
We will look at aspects like the business concept, product/service information, legal requirements, industry information, economy and market analysis, pricing, staffing, premises, financial projections, equipment and compliance.
Business plans are most important when wanting to apply for a loan or get investors. Don’t risk it.