Business Planning
Overview
Business planning is the science of planning operations, specifically of managing forces into the most advantageous positions prior to taking action.
"What We Do"
RF & Associates Consulting reviews your current situation by an organizational assessment of the clients current planning practices.
"How We Do It"
• Establish the OBJECTIVE
• Define the factors which will affect the plan.
• Establish the strategies needed to reach the Objective (develop the ACTION PLAN).
• Review your strategies.
• Commercial Agreements
• Implement the Business Action Plan (BAP).
• Review progress periodically and, if necessary, modify the Objective, the BAP or both to reflect new conditions.
• Facilitate the business planning process with a series of planning sessions.
• Develop clear measures of success for each strategic initiative.
• Establish periodic business planning review audits to determine performance toward the business planning goals.
The first goal of a business is to survive; the second goal is to grow. The prime objective is to make a profit. The success and future of any business depends on its ability to be profitable.
Services Offered:
Ten Reasons Why Businesses Fail
Inadequate accounting records
Disregarding or misinterpreting financial records
Not controlling costs
Inviting fraud through poor internal control
Failing to aggressively sell
Not knowing who your customers are
Insufficient working capital
Not carrying adequate and appropriate insurance
Failing to adequately train and develop employees
Improper strategic planning
Not seeking advice or professional help when necessary
“RF & Associates Consulting Will Help You Improve The Profitability of Your Business”
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