Bekhor Management - Business Planning for Professionals | Business Planning Consultant Toronto

Articles and Newsletters Main Page Contact us by Email Our Business Planning Services Visit Bekhor Management's Toronto Marketing Blog	Developing a Business Plan to Secure Financing for a Professional Practice Whether you are looking to secure a business loan (from investors, the government or a bank) or you would like to plan for the future of your practice, you will need a business plan.
		A business plan will help you secure a business loan if it clearly communicates:
			Size of business loan required and why
			Strategies to be employed to position professional practice for success
			Level of risk involved in investment
			Projected return on investment in the short and long term
	The following are the steps involved in developing a business plan designed to secure financing: Executive summary Mission and vision statements Human resources: Biography of the founding team members and relevance Staffing requirements Core strategies to manage team Business environment: Industry overview Positioning statement An analysis of strengths, weaknesses, opportunities and threats Competitive grid Barriers to entry Marketing: Consumer insight Description of service, promotional activity, location, fees Core strategies to market practice Operations: Core strategies to operate practice Finance: 3 year detailed sales projection 3 year detailed P&L statement Risks & conclusion: Core strategies to mitigate risks What can a business consulting firm contribute to your business planning process? At Bekhor Management in Toronto, we extract, build and promote the existing strengths of your vision for a professional practice with practical, compelling and enduring strategies that enable you to realize your goals. Contact us by email or by telephone at (416) 969-9600 for an initial consultation without fee or obligation, if you are professional in Toronto or the Greater Toronto Area (GTA) and are interested in building a better practice.