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PKF Mueller

Enhancing the lifetime success of our clients

Business Planning

Business Planning

The most successful companies have strategic plans. Strategy defines what the company wants to be and strategic planning identifies how to get there. Mueller’s Business Consulting professionals are the best at helping companies with strategic, operational, and financial planning.

STRATEGIC PLANNING

Strategic planning will provide:

  • Clear business direction summarized in a strategic statement
  • Description of the business in 3 to 5 years
  • Analysis of current and future markets and for its products and/or services
  • Assessment of the internal environment, key employees, and management team
  • Appraisal of the company strengths, weaknesses, opportunities, and threats (SWOT)
  • Establish goals and key objectives to measure success
  • Place benchmarks as guides and triggers

SUCCESS DOESN'T JUST HAPPEN.
IT IS PLANNED.


OPERATIONAL PLANNING

A business’s operational plan is its current year plan to achieve its long term objectives. An operational plan should include forecasted financials, which allows the business to numerically identify how and when the business is going to achieve its current year goals. An operational plan will:

  • Identify the current year goals for the business in order to keep everyone working the same goals
  • Provide action steps to achieve these goals
  • Establish metrics and accountability for these action steps
  • Incorporates incentives to promote the achievement of the business’s goals

PROPER PLANNING IS 100% ESSENTIAL FOR ANY
ASPECT OF YOUR BUSINESS TO SUCCEED.


FINANCIAL PLANNING

Financial planning is a determination of how a business can afford to realize their strategic goals. It validates the business plan by confirming that the objectives set are financially achievable. Four key components to business financial planning include:

  • Budgeting
  • Forecasting
  • Break Even Analysis
  • Cash Flow Forecasting

 


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