Business Planning Services

What Are Business Planning Services?

Business planning services allow companies to create reliable and robust methods of achieving goals. This could be anything from financial aspirations to asset acquisitions. A business plan for small businesses or large corporations could be the difference between succeeding or falling short of the required performance.

Our team acts as a business continuity consultant, imparting their advice on how businesses can plan for favourable outcomes. This support allows for long term planning that can be broken down into achievable milestones with measurable outcomes.

Professional business planning support is essential for facilitating growth and improved operations. The support brings together financial planning with wide strategic intent to ensure companies are all singing off of the same hymn sheet.

What Business Planning Services Do Hysons Offer?

Business planning is a complex and varied topic which is why we have developed an innovative set of services which create a succinct way to plan for success. As such, we offer the following:

• Divestiture Consulting

A strategic divestment may sometimes be required to improve cash flow and profit margins. This involves letting go of financial items with a strategic intent. The main examples of divestiture are selling off assets, spin-offs of functions, slip-ups of assets and carve-outs, which bring together a new group of shareholders. All of these decisions are strategic business planning services which require input to get right.

We offer full divestment strategy planning, which allows companies to highlight areas that can be eliminated and facilitate such changes. Our team ensures that any changes to your business make financial sense with an end result that will lead to improved cash flows.

• Multi-Country Tax Planning

Many businesses operate across various countries as a way to diversify operations. Business planning, in this instance, can become complex as each territory will bring with it individual tax obligations and operating rules.

The Hysons team is proficient in supporting tax planning across multiple countries, meaning no matter how your company operates, we can ensure it is doing so correctly.

• Management Buyout Services

When major changes occur to a company's structure, business planning is essential to mitigate any risks or issues. Buyout services are an example of this, as they require financial support as well as strategy planning.

Buyouts are common when companies tend to transfer ownership or diversify operations. They can be a complex process that requires perfect timing and financial robustness. Our team will plan the best actions and when to press the green button on changes.

• Vertical and Horizontal Acquisition Consulting

Both of these forms of expansion strategies are reliant upon professional business planning support to facilitate their success.

Horizontal integration is another name for a company acquisition. Vertical integration is an expansion to take control of wide parts of a supply process, such as a manufacturing agent. Both business events require extensive business planning to ensure that finances, employees, and assets are all successfully incorporated together. As a business continuity consulting service, we can help define the best opportunities and ensure they make financial sense when fitting into existing operations.

• Family Company/shareholder Structures And Business Consulting

Family business consulting requires a specialist approach, as a balance of emotional and strategic thinking is required. Additionally, governance can sometimes be cloudy, so professional business planning is recommended.

The unique set of challenges that family businesses create means that unbiased planning for business needs is essential. Furthermore, structures must be implemented for financially-savvy decision making, which ensures companies are ready for their goals.
The Hysons team boasts specialist family business advisors who understand these needs in their entirety.

• Business Disaster And Recovery Planning

We believe that every company should have a solid disaster and recovery plan. Without this, businesses can fail when impacts are thrown their way.

When applied to disaster and recovery planning, business planning is essential for two reasons. Firstly, it can be used to highlight risks and reduce, if not eliminate, the chance of them arising. This is also known as risk management and forms the basis for all other planning. Alternatively, business planning is also suitable for defining strategies that defend when issues arise that anyone could have predicted. Proper planning can both maintain and restore functions during tough times.

Our team can curate a bespoke disaster recovery procedure plan unique to your businesses needs.

Who May Need Business Planning Services?

All companies can benefit from professional business planning services. The reality is that it can be hard to consider all factors in-house. Having input from an external professional with proven experience in achieving goals with proper planning is a valuable tool for any organisation. This is even more relevant for companies that may have been struggling to meet objectives, ones that are losing money or new businesses that want to strengthen their chance of long-term success.

Business Planning For Established Businesses

No matter how long a company has been operating, business planning remains vital to successful operations.

For established organisations, business planning can support decision-making, financial performance, scaling opportunities, and reaching all objectives. Stagnant business operations ultimately lead to a company losing its competitive edge. Business planning ensures that established companies remain resilient no matter what new challenges are thrown into the mix.

Business Plan For Start-ups

Considering that 20% of businesses fail within their first year, a bright light is shone on the importance of business planning for start-ups.

A business plan that is in place from the start of operations can guide a company in a positive direction when it comes to dealing with a wide variety of factors. This includes financial milestones, outperforming competition, measuring success, defining goals and serving the intended market successfully.

With no experience to build upon, new companies often operate with a sense of hope. In business corporate landscapes, this is not enough to be a success. Our team is made up of experts who help startups thrive from the day of incorporation with business planning services that can grow and scale as a company develops.

Business Plan Writing Services

Business planning services produce informed write-ups on strategic intent for both new and established companies. They are documents intended to facilitate interaction between everyone within an organisation at different levels. For example, business planning can inform KPIs, department goals and even supply chain performance.

All businesses benefit from proper planning, which is not just an idea of what is nice to achieve but defined information that has been created based on facts and evidence. By choosing a professional agent to create a business plan for your company, any biased views are removed, leading to a plan most likely to succeed. Outsourcing the task also saves time as it can be removed from the plates of internal teams. Instead, business personnel can continue to work on their daily challenges whilst robust planning is being designed at the same time. Professionals can also help to implement the recommendations and provide frameworks for measuring ongoing success and tracking performance.

Hysons, Chartered Accountants are on hand whether you require a business plan for startup purposes or strategic ideas for long-running organisations.

Choose Hysons’ Business Planning Services

Based in Andover, the Hysons team offers professional business planning support to companies across the UK. We have a welcoming office, plus run virtual meetings to ensure our services are available for all business owners.

To learn more about our business plan writing services, get in touch.