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We are your trusted partner in professional business plan writing. We specialize in delivering comprehensive and customized business plans that help entrepreneurs, startups, and established companies achieve their goals, business growth and expansion, future plans, and secure funding.
At Startup Business Bureau, we understand the critical role that a well-crafted business plan plays in the success of any venture. Whether you’re seeking funding from investors, applying for loans, or simply need a roadmap to guide your business strategy, our expert team is here to assist you.
A business plan is a crucial document that outlines the roadmap for your business. It serves as a comprehensive guide that communicates your business goals, strategies, and operational details. Here are several reasons why you need a business plan:
1. Strategic Direction:
4. Risk Management:
7. Adaptability and Flexibility:
2. Funding and Investment:
5. Performance Measurement:
3. Operational Guidance:
6. Communication and Alignment:
1. Executive Summary:
This section provides a concise overview of the entire business plan. It highlights the key elements of your business, including your mission statement, business concept, target market, competitive advantage, and financial projections. The executive summary should be compelling and capture the reader’s interest.
2. Company Description:
This section provides detailed information about your company. It includes your company’s legal structure, ownership details, location, history, and any unique aspects that set your business apart. Describe your products or services, target market, and your business’s value proposition.
3. Market Analysis:
Conduct a thorough analysis of your target market, industry trends, and competitors. Identify your target customers, their needs, preferences, and purchasing behavior. Analyze your competitors, their strengths, weaknesses, and market positioning. Use market research, surveys, and industry reports to gather relevant data.
4. Organization and Management:
Describe the structure and organization of your business. Outline the key roles and responsibilities of your management team and key personnel. Include their qualifications and experience that make them suitable for their positions. If applicable, include an organizational chart to illustrate the hierarchy.
5. Product or Service Line:
Provide detailed information about your products or services. Explain their features, benefits, and unique selling points. If applicable, include information about your intellectual property, patents, or trademarks. Discuss your product/service development roadmap and future plans for expansion or innovation.
6. Marketing and Sales Strategy:
Outline your marketing and sales strategies to reach your target customers. Describe your pricing strategy, distribution channels, and promotional activities. Explain how you will position your brand in the market and build customer awareness and loyalty.
7. Financial Projections:
Present a detailed financial forecast, including income statements, balance sheets, and cash flow statements. Include projected sales revenue, expenses, and profitability over a specific period (usually three to five years). Provide realistic assumptions and justifications for your financial projections.
8. Funding Request:
If you are seeking funding, clearly state your funding requirements. Explain how the funds will be used, such as for startup costs, expansion, or working capital. Include a description of your current funding sources and any existing investments or loans.
9. Implementation Plan:
Lay out the steps required to implement your business plan. Break down your strategies into actionable tasks and set timelines. Include milestones and key performance indicators (KPIs) to track your progress. Discuss any challenges or risks that may arise during implementation and how you plan to address them.
10. Appendices:
Include supporting documents such as market research data, product/service brochures, resumes of key team members, permits or licenses, legal agreements, and any other relevant information that strengthens your business plan.
A market research & competitor analysis assist the investors and businessmen to take a wise and prompt decision about their investments and business project and growth considering the economic stability and growth and success rate of the region.
In today’s competitive and complex world, making a new project or expansion plan without a proper market and financial feasibility study could be very risky and sometimes very costly too. Our experienced team maintains a database of macro-economic and industry statistics which enables us to provide potential investors and lenders with an insight into how a project can be expected to perform in the existing and forecast economic environment. Our reports include detailed financial projections and assumptions based on in-depth market demand and supply surveys.
Detailed survey and feasibility report services allows us to provide clients with constructive and proactive advice from inception of an idea, through its establishment as an operation, its growth and expansion, to the eventual realization of capital. Our feasibility study is a formalized, written approach to evaluating the ideas and assist in identifying if your idea is viable or not, useful facts and figures to aid decision-making and alternative approaches and solutions to putting your idea into practice.
Market Research will also overcome many reasons for a new community venture to fail due to lack of planning and research. Market research will also provide knowledge of the market, customers and the environment in which business will work and grow. We will also assist to find out obstacles to business ideas as well as solutions to deal with them! This process considers all areas of the idea and ensures to have something concrete on paper.
Feasibility study involves some or all of the following:
- An assessment of the current market
- An assessment of the potential position in the market
- An evaluation of the possible options for entry into the market
- A short list of the possible options
- The development of a financial model to size the market and estimate the potential income and expenditure for each of the short-listed options
Why do the Market Research?
Starting your own business as compared to any other form of business investment has its own advantages which provide a lot of freedom to young entrepreneurs for expanding and scaling the business at their pace.
Our approach in market research focuses on deploying such tools to get rich data that is later analyzed thoroughly for the best meaningful insight.
Market studies help in addressing the trends and needs of the market through:
- Primary research (surveys, focus groups, mystery shopping, and interviews).
- Secondary research (desk research)
We strongly believe in primary data collection as a solid channel for reliable data. Our approach focuses on deploying tools like quantitative and qualitative surveys, focus groups and interviews as they allow us to get rich data that is later analyzed thoroughly for the best meaningful insight.
Market Research & Feasibility Study
Market Research & Feasibility Services encompasses;
- Primary & Secondary Market Research
- Business Feasibility Study
- Competitors Analysis & Growth Strategy
- Market Surveys & Geographical Studies
- Financial Feasibility & Management
- Risk Analysis & Management
- Performance Surveys & Analysis
Feasibility Study & Business Plan Development
Want to start a new business?
Already in the business and need to expand into a new market?
Want to add new product lines in your existing industry?
Or Need to access a practical implementation of a new project?
A detailed business plan and feasibility study will sketch a detailed road map to objectively uncover the strengths, weaknesses, opportunities and threats of a proposed project.
With the help of a Feasibility Report, you would be able to identify, analyze and project whether;
- The project is practically feasible and economically justifiable?
- You carry the right resources, capabilities and budgets required for the project?
- What are the risks involved in the subject project?
- Whether the financial returns on investment makes the project worth it?
- What business strategy would be more workable for you?
A Goal without a Plan is Just a Wish!!!
Business Plan is the detailed assessment of resources and its utilization in order to determine the Business goals, strategic planning on how to achieve that goals and time frame required to realize your dream goals and objective.
An Ideal Business Plan will provide a detailed Assessment Study on the below aspects:
- A detailed plan to convert the Idea into an Action.
- Strategic Plan to execute and achieve the business objective.
- A resource validation and utilization strategy
- Competitor Analysis
- Competitive Advantage
- Market Penetration Strategy
- Marketing and Advertising Strategy
- Business Development Plan
- Human Resource Strategy
- Growth Plan
- Contingency Plan
Whether you are an Investor, or an Entrepreneur, Business Plan and Feasibility Report will help you determine;
Whether the business / project worth investing?
How deep the Risk on Investment can be?
What are the strategies to overcome the risks?
What will be the business cash flow and profitability scale?
How fast should you expect returns on your investment?
Whether the decision is to;
- expand to new markets or segments,
- start a new venture OR
- initiate a new product line
“Risk” can be defined as the intentional interaction with uncertainty. Risk perception is the subjective judgment made about the severity and/or probability of a risk and may vary individual to individual.
Risk Management is the identification, assessment, and prioritization of risks followed by synchronized and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
Mahandru Associates is equipped enough to handle the Risk Assessment Program in order to conduct an independent verification and due diligence which may assist the organizations to take wealthy decisions for their businesses.
Risk Assessment Program (RAP) shields a wide range of services, such as;
- Credit Application Assessment
- Retail SME & Corporate Credit Report
- Asset & Documents Verifications
- Employment Verifications
- Reference Checks & Address Verification
- Risk Identification, Analysis, Evaluation, Solution.
Strategic investments are an increasingly important way of growing and securing an existing business. When a company’s objective is to grow its business, the due diligence review is one of the most important and risk-fraught elements.
Using our proprietary due diligence methodology, risk can be minimized while the probability of success can be substantially enhanced.
When considering an investment project, we provide advice to both buyers and vendors in a transaction. Our due diligence services include the following:
- Strategy due diligence
- Risk due diligence
- Governance due diligence
Business Valuation
Business Valuation refers to the quantitative estimation of a running business for investing and disinvesting decisions. Estimating a project’s intrinsic (fair) value is vital under different circumstances including:
- Changes in ownership structure
- Entrance or exit of an existing business
- Attract new investors into the venture
- Analyzing forecasts in the light of today's’ facts is essential to find the intrinsic value of your business.
- Whether the change entails seeking investors or restructuring particular; current ownership structure, it is essential to be equipped with important documents like investment pitch presentations and/or investment perspective.
This is where we will be helping as a core area of expertise.
Answer: A business plan serves as a roadmap for your business, helping you define your goals, strategies, and financial projections. It is crucial for securing funding, guiding your operations, and attracting potential investors or partners.
Answer: A good business plan is comprehensive, well-researched, and tailored to your specific business needs. It should include sections on market analysis, financial projections, marketing strategies, and implementation plans. It should also be well-organized, clear, and persuasive.
Answer: Yes, we provide customized business plans that are tailored to the unique needs and requirements of your business. Our team of experienced writers works closely with you to understand your business model, industry, and goals to create a personalized business plan.
Answer: The timeframe for creating a business plan depends on the complexity of your business and the specific requirements of your project. Generally, it takes several weeks to complete a comprehensive business plan. However, we can discuss timelines and accommodate urgent requests on a case-by-case basis.
Answer: Yes, our business plan writing services include market research and financial projections. We have a team of experts who can conduct in-depth market analysis, gather relevant data, and create accurate financial forecasts to support your business plan.
Answer: Absolutely. We understand that businesses evolve over time, and your business plan may need updates to reflect changes in your market, strategy, or financials. We offer revision services to help you update and refine your existing business plan.
Answer: Yes, our business plans are designed to be investor-ready. We follow industry best practices and incorporate the necessary elements that investors and lenders look for, such as market analysis, competitive analysis, financial projections, and a clear value proposition.
Answer: The cost of our services varies depending on the scope and complexity of your business plan. We offer competitive pricing and can provide a customized quote based on your specific requirements. Please contact us to discuss your project and receive a detailed pricing proposal.