To contact us and ask for our services click here
|
The essence of successfully managing
a business is planning and control. Planning means identifying the risks
and opportunities and assessing the resources that are available to meet
them. Control means measuring actual
performance against the planned performance and taking remedial action. An essential part of effective
business planning is a well thought out and coherent business plan. An
effective part of control is an efficient method of accounting for
performance and systems that will provide the required performance indicators
accurately. Another very useful tool in planning
and controlling a business is the systematic assessment of those risks to
which a business is exposed, and the setting of policies and plans to deal
with those risks. Peter Brown & Co can assist by providing a business
risk assessment. The sections below contain links to
some of the specific services that Peter Brown & Co is able to offer . For those items where the links are still under development do
not hesitate to contact us for an informal discussion. |
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To contact us and
ask for our services click here
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When a business plan has been prepared, it
should not simply be filed away to gather dust. A business plan is an organic, evolving
document that should be constantly reviewed and updated to meet the
challenges of changing situations. We can help you review, monitor and update
your business plan. |
To contact us
and ask for our services click here
|
When you have prepared
your business plan, you should monitor actual performance, both financial and
non financial, against what was planned. This will involve
establishing systems of reporting that will identify and evaluate key
parameters in your business. We can help in
establishing cost effective reporting solutions. |
To contact us
and ask for our services click here
|
When a business
plan has been prepared, it should not simply be filed away to gather dust. A business plan
is an organic, evolving document that should be constantly reviewed and
updated to meet the challenges of changing situations. We can help you
review, monitor and update your business plan, and help you amend the plan to
meet changing situations. |
To contact us
and ask for our services click here
|
Before you can
prepare a successful business plan, you need to identify the strengths and weaknesses
of your business, its staff, and its management, including yourself. We have a number
of tools and techniques that can help you ‘tease’ out the relevant items. |
Identifying
opportunities and threats
To contact us
and ask for our services click here
|
Before you can prepare a successful
business plan, you need to identify the opportunities and threats that are
open to you. We have a number of tools and techniques
that can help you ‘tease’ out the relevant items. |
To contact us and ask for our services click here
|
Drafting a
successful business plan is an art. You can purchase
templates, and many banks will provide pro formas. However, no
matter how well you complete a proforma or tick all the boxes, there is a set
of skills that are required to identify the weknesses and strengths, the
opportunities and threats. There is an art
in assessing the market, and making financial assumptions, in correalting
different variables and bringing all the separate elements together in a
coherent and articulate plan that will signal the path forward for you into
the future, and will convince potential lenders and investors to place their
confidence in you. This is where we
can help |
The key elements of a business plan
To contact us and ask for our services click here
|
Assessing and
identifying the market and the competition Evaluating the
product Assessing the
costs of making the product and bringing the product to market Evaluating the resources
and capabilities in finance, staff, equipment, premises and logistics
available to bring the product to market Determining the
level and range of marketing and advertising. Establishing
price levels, break even levels and unit costs Projecting potential
sales and related cash flows Assessing the
strengths, weaknesses, opportunities and threats which the business and its
staff will face. Identifying the
political and economic environment in which the business will be operating. |
To contact us and ask for our services click here
|
A fundamental part of standard auditing
techniques is the preparation of a business risk assessment to establish
those risks to which an enterprise is exposed. Such an assessment will
initially form the basis of our approach to an audit and eventually will help
management to plan future action to reduce or eliminate those risks, or
prepare to meet them if they are unavoidable. Although this technique was developed to
assist in audit work, it has a much broader application. Any business can
benefit from a detailed business risk assessment, whether or not it is
subject to audit. Indeed, charities of a certain size are obliged to
undertake a business risk assessment of their activities. A business risk assessment will look at
every area of economic, political, legal and environmental issues that might
impact on the business, and identify the likelihood of any particular area of
risk actually occurring. It will then suggest ways in which the risks can be
tackled. This can be a very useful management tool,
and one with which Peter Brown & Co would be pleased to assist. |
Peter Brown & Co is a trading name of Undershot Ltd,
registered in England , no 4114468. Director :- P.Brown FCCA, FCIE,DchA,BSc.The registered office is Acomb
Grange, Grange Lane, York, YO23 3QZ.
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