Before diving into the deep end of the marketplace, a new company must put together a well-conceived business plan. In fact, even established companies maintain a business plan that is flexible enough to adjust as challenges and goals evolve over the years. Without a sound business plan, employees, management, and customers might find themselves at odds about expectations, which can erode employee morale, harm the customer-company relationship, and threaten profitability.
A Tampa CPA from Reliance Consulting, LLC, can help your company’s management team formulate a business plan that will create the proper structure for your business, streamline procedures, outline a company philosophy, and make sure that the talents and abilities of your people are being incorporated to their fullest extent. In general, a well-written business plan will be broken down into the following sections:
- Executive summary
- Market analysis
- Company description
- Organization and management
- Marketing and sales management
- Service or product offered
- Funding requests
- Financial information
Whether you are about to start a new business or you are looking for ways to improve an existing company, contact a Tampa CPA from Reliance. Since 1984, Reliance has helped hundreds of Florida businesses reach maximum profitability. Find out what our personalized, professional service can do for you.