You see, business changes rapidly, and what you decided six months ago might not be accurate anymore. Many people quake in fear at the idea of writing a business plan. They imagine in their mind a page document full of charts and financial figures. The purpose of a business plan, for a self-employed person who is financing his own business, is to have a central repository for all strategic thinking about the business for the coming year or two.
As a matter of fact, the supply of business consultancy and advisory services has significantly exceeded demand.
In other to position to take on the market, most consulting firms have begun to diversify their services as against restricting their services to just a niche in the industry Denzel and McPherson Consulting, LLP might be a new entrant into the business consulting industry in the United States of America, but the management staffs and board members are considered gurus.
They are people who are core professionals and licensed and highly qualified consultants in the United States. These are part of what will count as a competitive advantage for us.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category startups consulting firm in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization.
We will also ensure that our excellent job deliveries speak for us in the market place; we want to build a standard consulting business that will leverage on word of mouth advertisement from satisfied clients both individuals and organizations. Our goal is to grow our consulting firm to become one of the top 20 consulting firms in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the U.
S but in the world stage as well. Denzel and McPherson Consulting, LLP is set to make use of the following marketing and sales strategies to attract clients; Introduce our business by sending introductory letters alongside our brochure to organizations and key stake holders in New York and other parts of the U.
Promptness in bidding for consulting contracts from the government and other cooperate organizations Advertise our business in relevant business magazines, newspapers, TV stations, and radio station.
List our business on yellow pages ads local directories Attend relevant international and local expos, seminars, and business fairs et al Create different packages for different category of clients in order to work with their budgets and still deliver quality consulting services to them Leverage on the internet to promote our business Engage direct marketing approach Encourage word of mouth marketing from loyal and satisfied clients Our Pricing Strategy Hourly billing for consulting services is a long — time tradition in the industry.
However, for some types of consultancy services, flat fees make more sense because they allow clients to better predict consultancy costs.
As a result of this, Denzel and McPherson Consulting, LLP will charge our clients a flat fee for many basic services such as business advisory services and tax consulting et al. At Denzel and McPherson Consulting, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance.
In addition, we will also offer special discounted rates to start — ups, nonprofits, cooperatives, and small social enterprises.
Payment Options Denzel and McPherson Consulting, LLP, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them.
Here are the payment options that we will make available to our clients; Payment by via bank transfer Payment via online bank transfer Payment via check Payment via bank draft Payment with cash In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.
Consulting Firm Business Plan — Publicity and Advertising Strategy We have been able to work with our in house consultants and other brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.
We are set to take the consulting industry by storm which is why we have made provisions for effective publicity and advertisement of our consulting firm. Denzel Sander and family. He will be the sole financial of the firm, but may likely welcome partners later which is why he has decided to restrict the sourcing of his start — up capital to 3 major sources.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
We are aware of this which is why we have decided to offer a wide range of consulting and advisory services to both big and small clients.Writing a Business Plan Georgia State SBDC 2 Business Plan Outline Cover Sheet: Business Name, Address, Phone Number, Principals Consulting, or other companies where the customer does not purchase while physically at the business address, less location detail is needed.
Modify the location section to fit your situation. A business plan for a new consulting firm cannot simply explain the expertise and experience of the founders and expect this to be a convincing argument on its own.
Each free business plan template is available in Microsoft Word (DOC) format, and many of the Business Plan Forms are available in Excel (XLS) format as well. Just choose a business plan template and download it.
Business Solutions Consulting consulting planning business plan executive summary. Business Solutions Consulting, is a start-up business offering full-cycle, business-to-business planning consulting/5(45).
Consultants need business plans too! Check out these sample business plans for consultants and consulting related businesses. They'll help you format your plan, get the details right, and give your business the best possible chance for success. The purpose of the business plan is to guide you in setting up and operating your business at a profit.
Preparing the plan forces you to consider all aspects of your business and to confront any problems while your business is still on paper.