- Clear business direction summarized in a strategic statement
- Description of the business in 3 to 5 years
- Analysis of current and future markets and for its products and/or services
The most successful companies have strategic plans. Strategy defines what the company wants to be and strategic planning identifies how to get there. Mueller’s Consulting professionals are the best at helping companies with strategic, operational, and financial planning.
A business’s operational plan is its current year plan to achieve its long term objectives. An operational plan should include forecasted financials, which allows the business to numerically identify how and when the business is going to achieve its current year goals. An operational plan will:
Financial planning is a determination of how a business can afford to realize their strategic goals. It validates the business plan by confirming that the objectives set are financially achievable. Four key components to business financial planning include:
Through the Cares Act and specifically, the Payroll Protection Program, many small businesses received loans to help them during the COVID-19 crisis. Our attention has been on assisting over hundreds of clients and business colleagues in applying for PPP loans. We are not done. We know that businesses need help with not only loan forgiveness application assistance, but also with PPP allowable expense record keeping, cash flow forecasting, expense reduction, budgeting and more. If you find yourself needing guidance, even if we were not involved originally involved with you when acquiring these funds, contact us. Our team is experienced, committed, and here to help.