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 Considering business planning issues the top manager should solve a crucial point: who must develop the business plan? Many companies can't afford the business planning services rendered by consulting companies due to high prices. One can be deceived by simplicity and cheapness of own development. Profound result needs immense investments into staff training and material support of such division at the enterprise. There is no common sense to bear constant expenses if you have one time needs in business planning.
 Are there any solutions for this challenge? Is it possible to reduce business planning costs? The answer is - yes! The experience indicated that a team comprised of a business plan initiator and a specialized company could achieve the best result. At that the company consults the initiator at the start-up stage of business planning, assists within its development and carries out some works that couldn't be performed by the initiator. As a rule these works are as follows:
Market researches, including market analysis with respect to products, technologies and services demand; market development forecast as per particular technologies, goods and services; Complex analysis of the enterprise, including financial diagnostics, market study, source of raw materials, competitiveness evaluation, analysis of economic situation in the industrial and geographic lightе; Forecast of project, market and financial risks; Assistance in the investments rising; Monitoring of the investment project within its implementation.
What are the particular advantages of this approach for the enterprise?
- Costs reduction for business planning services.
Direct involvement of keen specialists from the enterprise will bring the business plan as close to actual situation as possible and it will consider enterprise's special features and expectations to the maximum extent. Specialists from the enterprise will improve their professional skills and get knowledge needed for using the business plan in practice.
 Foundation "International Development Center - Snezhinsk" provides assistance in business projecting. We've got everything available: certified specialists, expertise in business planning, contemporary means of the investment projecting, equipment and data bases allowing for:
Retrospective analysis of financial and economic activity in order to define gaps in various structures of the enterprise; Calculation and comprehensive analysis of a business plan for the investment project; Feasibility study of a project if external funding is involved; Evaluation of external factors and internal parameters that impact general project efficiency; - Comparative assessment to select the most promising option for the project;
- Quick performance of routine calculations;
Project documentation based on estimation and analysis for the potential investor or creditor.
Business plans developed by the IDC have passed the test of time and helped our clients to reach the desired results witnessing forecast precision and reliability of our work. Our clients got real saving on account of business planning costs reduction, as well as minimization of losses within further business plan implementation. |
