Business Development Guidance - Stage One
Agreeing aims and objectives.
We set out to clarify our clients' aims and objectives and then build on these to form an effective working relationship. Typically these include:
Business Lifestyle Balance
How many hours do you currently work?
Working long hours to establish business but is there a plan for the future?
How big is the market for your business?
Growth potential
What size can the business become?
Who are your competitors?
What else can you offer that your customers may require?
Potential Property & Location
Will the property cope with expansion?
Does the property location fit with the trade?
Key Staff
What key staff have you got?
Future recruitment needs?
Remuneration Requirements
What is being drawn from the business?
What are your medium/long term finance requirements?
Do you have adequate income planned when you stop working?
Exit Strategy
Are you looking to sell the business?
Are you looking to pass it on to the family?
Tax Planning
Which structure is the most efficient way to trade?
How much money do you wish to take out of the business?
What tax exit strategy will you need?
C&Co PLUS can help you set out your aims and objectives. These can then be used as a tool against which to compare future developments.
For further information contact
sharon.davies@cadwalladerllp.co.uk
Tel: 01938 552625