Business Plans & Forecasts

If you run a business without a proper plan of action it’s a bit like working with a blindfold on and both hands tied behind your back. To make sure you’re on the right track you need a carefully thought out Business Plan and Forecast which will not only help you to manage your cashflow and costs it will also give a clear picture of the financial health of your business in the long term.

This may sound like basic advice and it is, but many business owners, especially in the start-up phase, become so wrapped up in the day to day workload that this area is often overlooked. However, if you’re after funding from any source whether it’s from a bank or an angel investor then a proper business plan and forecast is an absolute must so call Diamond Financial, Chartered Certified Accountants, and we will help you prepare one in a clear and concise format especially tailored for your needs. When helping you to prepare your business plan and forecast here are just a few of the areas Diamond Financial will cover:

  • The lifestyle goals you want to achieve from starting or developing your business

  • Market influences and likely supply and demand

  • Current and future fixed costs and overheads including rent, utility bills, insurance and salaries

  • Variable costs such as the cost of goods sold and direct labour costs

  • Revenue estimates based on both conservative and ambitious figures

  • Gross and operating profit margins

  • Current and future client acquisition strategies

  • Sales and marketing plans

  • Carefully considered exit strategy

If you live in Edinburgh or further North and would like to find out more about business plans and forecasts then call Diamond Financial on 0131 222 9680, or if you live in the Borders, call our Duns office on 01361 884466  

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