Every project is unique and requires a high degree of flexibility, responsiveness and interaction with the client. FIN.by approach to business plan development usually comprises three steps:
- Strategy development. We investigate the company’s internal and external environment, its markets and their prospects thoroughly. The results of this analysis are the basis for several options of the company's development strategy.
- Effectiveness and risks evaluation for chosen ways of strategy implementation and financial model development. Assumptions underlying financial model are agreed with a client, the most preferred scenarios are chosen and final business plan is prepared.
- Business plan support. Our company also provides support for developed business plans during their evaluation and negotiations with potential investors and creditors. The support includes all the necessary explanations to the calculations underlying business plans and providing additional calculations.
FIN.by team has necessary experience and expertise in business plans development, in particular for international financial organizations. Our company closely cooperates with European Bank for Reconstruction and Development (EBRD) and is accredited EBRD consultant within the program Advice for small businesses (ASB) supporting micro-, small and medium-sized enterprises in obtaining all kinds of advisory services.
Finally, upon agreement with a client, FIN.by team can develop an automated tool for business plan preparation – MS Excel-based financial model, which allows the company to update its further financial and economic activities forecast independently and conduct sensitivity analysis throughout the investment project implementation.