We Appraise Both Businesses and Real Estate

Business Planning:

It is hard to get where you are going if you do not know where you are going!  An effective business plan will give you needed direction and focus.  The idea is to develop a plan that will be used and visited often – not a nice looking book end!    Every business plan should have a system built in to monitor progress.  The following is a list of some concepts that should be considered:

                         ·        Annual Business Plans

§         What is your mission statement?
§         What are your business goals?
§         What is the timeline for achievement of the goals?
§         How will you measure your progress?

        ·        Strategic Planning

                  §         Strengths, Weaknesses, Opportunities and Threats (SWOT Analysis) – how do      
                  these apply to your business?
            §         Developing Strategic Goals
            §         Monitoring Your Progress
            §         Expansion? 
            §         Franchising?
            §         Mergers and Acquisitions?

        ·        Exit Strategy Planning

                  §         Turn over the business to family members?
            §         Sell to partner or other shareholders?
            §         Sell to key employees?
            §         Sell to all employees (Employee Stock Ownership Plans)?
            §         Sell to an outsider?
            §         Keep the business – hire professional management?
            §         Take the company public?
            §         Liquidate the business?
            §         Other?

Give us a call for a free initial consultation and a quote for services tailored specifically to your company’s needs.