A Business Plan is a roadmap, or a guide for your business.
You start at ‘A’, today, with certain resources and abilities. You want to get to ‘B’, a point in the future (generally 3 to 5 years down the line) at which time your business will have a different set of resources and abilities along with greater profitability and increased assets. Your plan essentially describes how you will get from ‘A’ to ‘B’.
With clarity on the nitty gritties of the business, it becomes that much more simpler to lay down the future course of action, and a Business plan, does that and more. It is a fundamental tool for understanding the organisational structure, the market, industry, competitions, etc.
The plan we create at KAPSO, would vary from business to business, it is ideally supposed to be customised according to your specific organisation but there are certain common attributes that every Business Plan must contain:
Executive Summary - A snapshot of your business, an overview
Background Description - what the company does.
Market Analysis - to understand the market that the firm operates in, its opportunities and challenges
Competitive Analysis - to get an overview of the current and future of the competition in the market and how it affects the firm
Financial Projections - future financials, valuations, cost structure etc.
Exit or Succession Plan
Risk Factors - internal as well as external risks faced by the firm
When can a business plan be useful to you?
Seeking a loan from banks
Pitching your business to investors for funding
Looking for opportunities for a partnership or a joint venture
Taking major Capex decisions
Making some major organisational modifications
Evaluate future growth
Define a mission
A lot of the times when companies try to formulate Business Plans by themselves they tend to miss out on the details which can cost them important opportunities. Thats is when KAPSO enters into the picture. We carry out all the necessary procedures and research necessary to create a comprehensive Business Plan.
Irrespective of the stage you are at in your business, a Business Plan is the tool that will act as a helping hand and serve multiple functions.
At KAPSO, we put in the necessary time and effort needed to create an extensive business plan that provides you with insight into your business.
Kapso renders services in drafting the business plan according to your firm specifics.