Business Plans

At Seaman, Herbert & Co we understand the excitement, the opportunities and the challenges that business presents. We also understand the power of business plans and how essential it is to plan ahead clearly and with as much appropriate and comprehensive information as possible.

A business plan can:

  • Help you spot potential pitfalls before they occur
  • Focus your efforts on developing your business
  • Structure the financial side of your business successfully
  • Work as a measure of your success

A business plan can also be a document used to secure a variety of external funding. This is significant because potential investors, including banks, may invest in your idea, work with you or lend you money as a result of the strength of your plan.

The following institutions or people may request to see your business plan at some point:

  • Banks
  • Grant providers
  • External investors
  • Anyone interested in buying into your business
  • Potential partners

You must bear in mind that a business plan is a constantly evolving document, that helps you to monitor your performance and stay on track. Therefore, it will need updating and changing as your business grows. Failure to do this could mean that you and others have unrealistic expectations of what can be achieved and when.

With our accountants based insight into your organisational health and wealth, and a clear appreciation of your objectives, we are perfectly placed to be able to advise you and help to prepare an effective business plan.

If you would like further information regarding this service, please don’t hesitate to contact us.