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PLANNING

Entrepreneurs think about their business but to think only isn't enough

Most businessmen do nothing else but brood and worry about problems and challenges that are the daily companions of every entrepreneur. But It's important to think about a business in a logical and structured manner, looking at every aspect internally and externally in a systematic, objective and analytical way. This will lead to good Business Planning where sensible decisions are based on reliable information and not on ‘gut feeling’.

 

FordChart Ltd is intended to guide you through a thinking process in a structured manner putting all the issues that you need to consider in a logical order.

Our team will help you to anticipate simple factors that could easily have been foreseen had they taken the time and trouble to go through a logical thinking process. The process of formulating a business plan helps scrutinize, in a formal way, basic matters that need clarification, such as:

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  • gut feelings and ideas;

  • assumptions that have not been verified;

  • calculations made without full knowledge of underlying principles e.g. tax rates and bank interest charges;

  • regulations and legislation that could affect you; and

  • external dynamics such as political changes and new technology that could have implications for your business.

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Scrutiny within a broader plan can help identify weak points early enough to make positive changes and adapt plans accordingly what could help to lead any company to success.

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