Small Business Consulting in Plano, TX
As a small business owner, you are responsible for every aspect of your business’s health — and your responsibility often requires you to perform many duties; often too many. One moment, you are your own marketing executive. The next, you’re the head of the human resources department. You have what your customers want — and you’re ready to expand. You simply need a little help with financial planning. Our small-but-effective business consulting service in Plano, TX can help to steer your business toward its next phase of growth.
Business Growth Planning
Many small business owners struggle with cash flow issues that hamper growth. You may have a profitable business already — but it is only profitable enough to sustain your current operations. Alternatively, you may find yourself in the enviable position of having an extremely profitable operation — and you simply want to grow your business in a healthy way that won’t leave you struggling one day to satisfy your increased financial obligations. We are ready to help you:
- Refine your business processes to maximize the profits from your current revenue
- Plan a safe growth strategy that doesn’t leave you without the operating income necessary to sustain your existing operation
- Expand your service area by opening a second location and hiring new employees
New Business Planning
New businesses don’t become successful by accident. To maximize your chances of success, you need a comprehensive business plan that outlines all of the following details:
- What your business will sell
- How you will market your products or services
- The general outlook for your industry in your area
- How you will compete with other businesses in the same industry
- How much funding you will require to lease a location, acquire inventory, hire employees and begin doing business
You can use a comprehensive business plan to predict whether you have a viable business idea that is likely to become profitable in the future. A business plan can also help you acquire the funding necessary to get started.
Business Valuation and Sale
No two entrepreneurs have exactly the same goals and motivations. Some enjoy the thrill of nurturing a new idea, watching it grow and selling it for a profit. Others prefer to buy existing businesses and immediately begin funding their growth. If you are ready for a new challenge — or are simply looking for an exit strategy so you can begin to enjoy your retirement — we can help you prepare your business for sale. Our services include:
- Documenting your processes to increase the sale price of your business and enable a smooth transition to new ownership
- Conducting a comprehensive analysis of your business — and recent sales of businesses similar to yours — to determine a fair price
- Creating projections detailing the likely financial results and challenges that your business will encounter over the next several years
Get In Touch With Us Today
If you’re in need of an expert Business Consultant or have any questions about the services we provide, call us today! We have helped many small business owners achieve a more efficient business strategy to improve the flow and in-turn the future of their business.