Business Plan

Business Plans are important for Startups and Developing SMEs

Effective business plans follow an expected format and flow.  That doesn’t mean that they are all the same.  They’re not.  At The Synergy Group we strive to develop plans that have that extra something (A Competitive Edge) to set your business apart from the rest and help you achieve your objectives. You need a Sustainable Competitive Advantage.   You have to answer some basic questions and how you do it is up to you.  We will give you guidance and some suggested formats.

The layouts we have developed take care of all the essentials for you, but still offer you the flexibility to put your own special imprint on the business plan.

The Synergy Group Business Plans handle not only the organisation, formatting, and flow, but also the wording, tables, and essential topics that a quality plan needs.

There are templates on the web, but you still have many unanswered questions. You need help, not just an outline of the way it should be. We will not prepare the business plan for you but we will go through everything step-by-step with you. We create the business plan with you so that you have ownership of the plan and create the incentive for you to turn it into a reality. We have found that this method of involvement produces motivation as you believe in it and understand it, also, if something goes wrong throughout the year, you will have a better understanding of how to correct it. As the year progresses, we offer full support via meetings, e-mail and telephone whichever suits you.

A well-structured business plan is essential in developing and managing your business. It is also of significant assistance as part of an application for funding, as it illustrates to the potential lender that you have done your homework.

As a dynamic operating tool, it can be further developed to form more detailed budgets, sales plans, and profit and cash flow forecasts.

From experience, we have discovered that it is most beneficial to you if we produce the plan WITH YOU not for you. It will take more time, but the benefits to you are enormous. You will see the reason for budgets, where they fit in to your business, you will learn more about business & management. It will allow for improved objective setting and strategy formulation.

In essence, it is a training course specially created for you on a one-to-one basis with the business plan as the result.

We have clients who said ‘I know all about my business, it’s in my head, I don’t need a business plan’. As we go through the exercise, they then realise that they need to look at it from a different direction, be more professional in the management & business, see that when it is in their head that it is there in a muddled fashion, that in order to make sense of it, it needs to be clearer and more focused.

Detailed Budgets for established businesses.

All businesses, from the largest to the smallest, need financial guidelines. Over a cup of coffee (or numerous cups), we will delve into your past records, explore the depths of your mind and see what you want to do in the future. Then we will produce a full and detailed set of budgets (annually, quarterly and monthly) including profit & loss accounts, balance sheets and cash flow forecasts. We will produce a set of analysis forecasts, e.g. sales & product, purchases and stock, fixed assets, debtors & creditors, funding, accruals & prepayments and VAT. We will also produce a ratio analysis and overall performance summary. If you are in manufacturing, we will produce a labour summary, materials summary and production schedule.

Possibly one of the most powerful aspects of this product is the ability to produce “What If Scenarios”. The popular word today is "Stress Testing".  We can produce an infinite number of these, dependent upon the extent of the business environment you are operating in and your imagination, your track record, past history, what you want to achieve, etc. We can forecast problems in the future, problems that you would never see. For example,

What The Synergy Group can do for you:

Contact The Synergy Group and we will examine your Business Planning requirements. We will look at what you need to do, what you want to do and we will pull together a plan with you.

T: +353 1 8215189 
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