Why you need a Business Plan?
A Business Plan is a useful document at any stage of your business development and will benefit sole traders, SME’s and social enterprises, regardless of the sector, industry or type of business. As the business owner you have legal obligations and responsibilities to staff and customers and the Business Plan acts as a control document to ensure that you focus on the right priorities to deliver your mission or vision for the future.

It is therefore an essential tool in order to reduce the risks of trading; help you to evaluate your funding requirements and bring together the strategic and operational tasks necessary to grow.

We can help you to write a business plan designed around your needs and your preferred way of working so that the plans can be implemented in phases or stages in line with your budget and time constraints.

• Face to face meetings

• e-mentoring

• Skype calls

• Webinars

• Telephone consultations

• Email advice

• How to start your support?

1. To access our business support programme, you will be required to complete our Client Questionnaire form which will help us to assess your needs before we commence the support.

2. We will then provide you with a WRITTEN QUOTATION highlighting the costs of each element of our work with you.

3. You will be asked to pay an advanced fee, usually 25% of the total cost, with the remaining payments spread over the life of the project.

Each session is approximately 1.5 hours and will be held at a location agreed by both parties. We aim to strengthen your ability to achieve your goals, translating your ideas into practical and concrete plans.

We will work with you to produce a documented action plan which records what you intend to do divided into short, medium or long-term objectives as part of a comprehensive business review report.

Before the sessions begin we will sign with you a non-disclosure agreement designed to protect your intellectual property rights and enforce confidentiality.

The business review process aims to improve the business viability of your enterprise through evaluating the risks and challenges that threaten short, medium or long-term survival by focussing advice and support on areas that will strengthen your financial performance. This will take the form of exploring how income can be generated and growth achieved and what changes are required to secure market position.

We will concentrate our efforts on maximising your sales or minimising your costs by examining accounts if available and exploring measures to maximise profitability over the medium and long term.

The review will result in a short-written report making recommendations including a readily implementable action plan. 

Data will be collected via a business review questionnaire and you will be interviewed via telephone and/or face to face.

The benefits of a Business review, is to provide the business owner the help they need to start, live and grow in other words, to survive and thrive in a competitive environment.

The Process

We have combined consultancy Advice, Mentoring and Coaching into a seamless intervention which focused on; building trust; communicating business critical content that is designed to motivate and encourage you to take responsibility for their future success.

We aim to guide participating businesses towards securing the right support they need; consider their options and get new information.  We emphasise the importance of building the confidence of businesses helping them to make wise choices.

 The Business review process is designed to foster a relationship between the consultant and the participating business, emphasising short- medium – or long term personal support.
 

We will do this by helping clients to set SMART objectives:

Specific Measurable Attainable Realistic Timely

Principles

• We will respond to the Client’s needs and agenda and not to impose our own agenda.

• We will agree with the Client how the relationship will work, and all sessions will
  be confidential.

• Each advice session will last 1.5 hours.

• We will encourage the client to take responsibility for future success.

• We will highlight any ethical issues/conflicts of interest that may arise during a mentoring relationship and address any concerns.

• We will identify key challenges and Set clear expectations at the beginning
  of the sessions.

• We will ensure Criticism is delivered in a manner to encourage a positive outcome.

• We will Provide consistent and supportive feedback.

• We will Track goal progress throughout the business review process.

• We will Record successes and shortcomings.

• We will share the responsibility for the smooth winding down of the relationship
  with the Client.

GOVERNANCE
The purpose of governance is to provide confident and strong strategic leadership which leads to robust accountability, oversight, and assurance for the financial performance of the business venture.

IMPACT
To support decision-making and leadership through documented terms of reference, policies, and procedures.

To link agreed business plan through operational implementation of decisions, budget allocation and expenditure.

To ensure that accountability is upheld and collective responsibility for the business venture is maintained.

FINANCIAL PLANNING
Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives through management conversion and configuration of resources, equipment and materials within a defined timescale.

IMPACT
To put in place budget and cash management systems and cost controls.

To write financial regulations to ensure financial decisions are lawful.

To prioritise income generation activities in
order to secure a growth path and to meet business objectives.

HUMAN RESOURCE MANAGEMENT
Human resource management provides strategic advice in the effective management of employees to ensure that the right staff is recruited with the right skills within legal and regulatory parameters. Support involves hiring, firing, training and motivating employees to achieve high performance, professional standards, and productive work.

IMPACT
To provide HR advice, support, and guidance to management support staff through the production of a staff handbook to meet legal and regulatory obligations.

To support management in implementing supervision and performance approval scheme; professional code of practice, and to strengthen productivity through workstream and best practice.

PROJECT MANAGEMENT
Project management is the application of processes, methods, skills, knowledge, and experience to achieve specific project objectives or deliverables constrained by the project acceptance criteria, a finite timescale, budget, or quality parameters.

IMPACT
To assist management in converting their ideas and proposals into concrete project plans that can be delivered within budget, and deadline.

To assist management in achieving distinct goals using project management methodology.

To motivate and encourage management to embed project management principles into their operational planning.




For further information, please email:
maspoonerltd@gmail.com

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