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Writing a business plan is one of the most difficult things that entrepreneurs have to do. It is an art, not a science and it challenges the entrepreneur in areas where he or she might not have much knowledge or experience--and the success of getting funding may depend upon how well the plan is developed.

Doyon Hall has created plans for a variety of companies and these plans have resulted in investments in the client’s company. Doyon Hall led planning has also helped business owners execute an exit strategy, allowing the owners to retire or to move on to a new business opportunity while realizing the maximum value for their business.

A good business plan is necessary, but not sufficient to raising capital, whether you are looking for seed money or mezzanine financing. The best written plan can’t hide a poor business model but a poorly written plan can prevent an excellent business concept from being appreciated.
A solid business plan has several purposes. The most common is for the raising of investment capital. Too often, though, that’s as far as the thinking goes. But a good business plan should serve as a map for the business.

Doyon Hall works with companies to develop a clear understanding of their business model and the strategy that must be executed in order to attain the success potential.

The business opportunity can best be described by identifying the SWOT factors: Strengths, Weaknesses, Opportunities, and Threats.

The strategy is the plan or map that will allow you to maximize the businesses potential. It makes the most of the company’s strengths while at the same time mitigating the risks that come with the business’s weaknesses and the external threats.

Aside from identifying the business opportunity and the strategy, the plan needs to give you and your investors an idea of the likely and expected financial returns. Doyon Hall can work with you to develop this pro forma financial model.

The cost of creating a comprehensive business plan is related to the complexity of the business model and the amount of usable work that the client has already completed. Doyon Hall will work with you to develop a project plan that will work within your budget.

In the process of creating your business plan, you will come to a better understanding of your business and the process of developing and refining your business strategy.

 

Contact us for further information on these services.

 
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