Business Planning
New Zealand is a country built on SME’s by determined, skilled and creative people. Unfortunately, New Zealand also has an incredibly high failure rate of SME’s in the first 5 years of business, which we believe is a direct result of lack of planning. The planning of a business is the fundamental building blocks of that business, which will allow it to persevere. We break this process down into 6 components:
1. Marketing
2. Management
3. Sales
4. Finances
5. Operations
6. Leadership
When you run your own business, you’re often aware of which of these 6 (if not all) are crippling your productivity, but the common problem we find with SME’s is they don’t know how to fix it or who can help.
At FoxPlan we’ll sit down with you and understand what your vision is and create a plan for each of the building blocks necessary to achieve it.
In the beginning
An idea or gap in the market drives you to start a business, once you start, it becomes increasingly harder to spend time on the business and instead you spend all of your time in the business running day-to-day needs. Business planning with FoxPlan enables you to spend time drafting and monitoring a ‘One Page Business Plan to ensure growth and succession with a focus to supporting a business owner and their families personal financial goals.
Are you a business start-up phase 0-5 years? A 1 page plan, drafted by 2 heads rather than one, outlining the next 3 years targets, mitigating the 4 key risks that cause 75% businesses to fail focused to the 5 success factors of – Right People – Right Product – Right Plan – Right Process – Right Payoff. This will give you and your family Control, Confidence and Certainty with Time and money Freedom.
Your business grows – you have survived the first few years, attracted clients, sold some product or services and maybe enjoyed some payback. But how do you overcome the barriers to growth and take your business to the next stage? A business growth plan helps you overcome the barriers to growth and harness the opportunities to set you apart from your competitors.