If you have always dreamed of owning your own business, you’re not alone. Over 500,000 small businesses are started each month in the United States. Approximately forty-two (42%) of them will not survive past three years. Why? Lack of pre-planning. The saying goes, “if you don’t plan….you’re planning to fail”. How do you bridge the gap between the dream of owning your own business and the reality of running your own business? A strategic business plan is the key to helping you clarify your ideas and focus your direction. Also, most lenders require a business plan before considering investing in a new or expanding business venture.
A business strategy allows you to follow a well thought-out, established plan providing a monthly and yearly blueprint of where you are going and where you need to be. Within predetermined periods, you have the ability to analyze your plan in order to prevent problems and adjust accordingly for success. This gives you ease of mind and the time to focus on the everyday logistical hurtles inherent in owning and running a business.
Whether you are starting a new business, buying an existing one, expanding your current operation or repositioning a declining business, Walter J. Pikul, MBA, CPA, CFP® can help you develop a:
• Business entity set-up: determine best structure for your type of business: incorporation, LLC, etc.
• Financial plan: determine start-up and operating cost, Profit & Loss Statements, ledgers and break-even analysis.
• Management plan: determine system and management styles within established time-frames.
• Marketing plan: analyze competition, target the right customers, evaluate marketing cost and avenues.
• Staffing plan: determine expertise needs, finding the right staff and estimate staffing cost.
We will also help you:
• Assess start-up cost and sources of capital
• Analyze purchasing and borrowing potential
• File application for Employer Identification Numbers
• Identify and set up accounting procedures – including payroll and payroll tax filing
• Establish costs controls, billing, collection and cash flow procedures
• Establish employment compliance – local, state and federal
• File local, state and federal licenses and permits
• Provide partnership agreement and input
• Vendor analysis
• Request For Proposals / Bid Procedures
Our motto is: When you succeed…. We succeed.
Set up an appointment today so we can get started developing the right business plan for you.