Business planning

When starting a new business or scaling up an existing one it is essential to invest time and consideration in constructing a robust business plan. The benefits of business planning are endless and ever evolving. With a clear roadmap for your organisation, you will be able to anticipate potential problems and have a greater understanding of how to solve them. You’ll also have improved clarity and focus on your goals, providing greater confidence in your decision-making.

So, how can we help? With over 50 years of experience, we’ve helped businesses grow into new markets and reach global success with our business planning services. Our advisors have the tools and the know-how to elevate your business to where it wants to be. We use efficacious planning strategies to create bespoke pathways for your business, realising future goals and positioning for growth. Get in touch with a member of our team today to find out more.

Our business plan consulting services

At Kreston Global our custom business plan writing services adapt to our clients ambitions, supporting growth into new markets, expanding operations abroad and realising your company’s goals. With decades of experience combined with a breadth of specialties spanning across the globe, the Kreston Global family are poised to help your business seize opportunity and forge into new territories with effective business planning.

What should a business plan include?

Each business plan will be unique to the needs of the organisation creating it, however these core facets tend to be a good starting point when building a business plan. Consider this plan as a framework from which your company will

An assessment of the market, competitors and customers

In-depth market research is essential for goal setting and understanding the impact of your products and services. The Kreston Global research network provides our member firms with the most immediate and relevant market data with which to advise our dynamic clients.

Set objectives for an upcoming period

Creating a list of goals and ideals for your business in the future can help your team to attain them and provide direction for the year ahead. Kreston Global advisors can help your company identify goals with equal ambition and attainability.

Set Key Performance Indicators (KPIs)

Understanding achievement and attainment is only possible when clearly defining what ‘success’ is for your business. Clearly defining KPIs for your company can give your team a vision and help provide direction towards new goals.

Expected challenges the business will face

Through understanding the market and the upcoming challenges to your organisation, a business plan can account for harder periods for your business, offering options for financial conservation and alternative cash flow solutions during challenging seasons.

Operational changes and workforce information

Mapping out expected and upcoming changes for your business can be helpful to assist managing transitions and setting expectations for change outcomes.

Financial forecasts and any upcoming investments.

Giving a clear overview of the expected financial year for your business, as well as accounting for upcoming expenditure will allow your company and other stakeholders to understand expected cash flow as well as identify any potential shortfalls.

A business mission statement

Establishing your business vision and an ethos can be essential for meeting future goals and steering the direction of your company’s development. Setting expectations of your workforce and of the impact that you want your services or products to provide can bring clarity to a business mission.

When should an organisation write a business plan?

There really is no ‘wrong’ time to write a business plan, but sadly many companies neglect essential strategic planning as a result of the demands of day to day operations.

Some of the most important stages for your company to have a strong business plan is if you are:

• Starting a business
• Looking to expand into new locations
• Expanding product and service provision
• Working through financial or structural change

Business planning for international expansion

When conducting business planning for growth, especially when looking to expand your business globally, it can be vital to bring in international accounting experts. At Kreston Global our world-wide network of professionals consistently excel in providing our clients pathways for growing into new markets and jurisdictions.

What are Kreston Global’s compliance standards for business planning?

Kreston Global partner firms closely observe the professional standards of their respective countries as well as following strict international regulations.

As a global network, we employ an effective internal monitoring programme, ensuring that all our members meet the International Standards on Quality Control and the International Standards on Auditing for the conduct of transnational audits. Every Kreston partner firm follows the code of ethics as dictated by the IESBA (International Ethics Standards Board for Accountants).

As a committed member of the Forum of Firms, an association of international networks of accounting firms, Kreston Global is dedicated to meeting high-quality standards in financial reporting and auditing practices across our international community.

Wherever you are in the world, wherever your business operates, you can trust that our standards will be universally and consistently met.

Why choose Kreston Global for custom business plan writing services?

We operate across 110 countries and have 27,500 professionals in our global network. When you become a member, you’ll gain access to all our professionals’ information and expertise. We aim to build trust and confidence in the short and long-term goals of your business, with our clear and comprehensive business planning services.

Our business plan writing services cover UK-based or international businesses, adapting to suit the size and ambition of your company. Get in touch with one of our business planning experts today and take your business to new heights.