In the development of business choices, the industrial and financial components play a predominant role, which make it possible to make important decisions on whether to undertake a certain path or not.
In this sense, the main business strategic planning tool is the business plan.
The business plan involves the global competitive strategy of a company, which includes the different competitive strategies of all business areas. It allows you to present the company in details to shareholders and stakeholders – in particular to credit institutions and investors – but also to have a fundamental business management instrument.
It comprises two aspects:
- Qualitative: covers general information related to the company – such as the description of the performed activity, mission and vision, the analysis of the context – in order to identify strengths and weaknesses, threats and opportunities, therefore defining the strategic guidelines thought most appropriate to be undertaken during the considered period.
- Quantitative: comprises the collected information in the previous phase, reported in numerical terms. This, in order to define what investments are expected during the reference period and which are their sources of coverage, as well as the trend of costs and revenues and timing.
The main objective of a business plan is to define the purposes that the company intends to achieve during the period to which it refers (usually 3-5 years) and which are the actions to be implemented to achieve them.
Among others, these are also fundamental:
- Analysis of the markets relating to each business area;
- The identification, for each business area, of a defined, formalized and effective strategy;
- Define, for each area, a precise center of responsibility.
Whatever the procedure the company intends to adopt, the industrial plan plays a fundamental role. For this reason, it is advisable to rely on experts.
The H.S.M.I. Ltd offers its customers,
- an experienced and professional team;
- careful and detailed planning of business projects;
- complementary services.