Depending on the business and what clients intend to use their plan for, it may need a different type of business plan from one to another entrepreneur. Plans differ mainly in length, format, detail, contents, and the varying emphases they place on different aspects of the description.
Our consultants provide a comprehensive review of your existing business plan. Our revision will assess the viability of your proposed business and at the same time ensure the plan covers all the necessary criteria required by banks and other investors. We provide detailed recommendations on areas of improvement and point out where additional research may be required for your target market.
Most profitable companies initially had their start on paper, in the form of a plan used to convince investors issuing the capital necessary to launch. The classic business plan is an essential managerial tool, helping entrepreneurs develop a roadmap for the process of starting a business, defining a track for the company’s future, developing a sustainable success strategy and helping seek funding. We will help you investigate funding options, whether through investors, the UAE Business Administration, banks or other alternatives.
Marketing plans outline how your company will address the competitive marketplace, including the implementation procedures and support process of day-to-day operations. Strategies for pricing, products, distribution, promotion, advertising and market segmentation are basic components needed to successfully attract potential customers. Key elements within a marketing plan are target market identification, industry benchmarks and sales strategy.
Investor deck succinctly outlines key matters of importance to potential investors, focusing on the business blueprint, marketing plan, financing needs and financial statements, in particular pro forma sheets, cash flow and income projection. Thus, brief plans are a barometer for investors to assess financial viability.
A tracking plan is a tool to be used to operate business. Mid-stage and established firms usually draft tracking plans to attain funds for growth plans just as start-ups do, although the amounts they seek may be larger and investors more willing to commit. Business plans are fundamental for small and medium companies to convey the mission and prospects of the business to customers, suppliers and other stakeholders.
When business plans are used in combination with an immigrant investor or non-immigrant visa, the primary audience for whom the plan is written is the Department of UAE Immigration Services. Therefore, the business plans that Emirode develops not only contain standard criteria, such as analysis of strategic directions and business development and implementation details, but also satisfy the standards of the Department of UAE Immigration Services.
Emirode has developed one of the fastest and most efficient processes to tailor business plan. Thanks to our company’s versatility, we are able to meet clients’ requirements and locally define the best criteria to foster and launch your business domestically or internationally. Having diverse locations around the world allows us to better understand your reality and goals. Foreign governments in most countries require specific information you must conform to when presenting a business plan, so our consultants’ expertise and knowledge are among our key assets.
Business plans convey your business goals and strategies to meet them, potential challenges that a business may confront and ways to solve them, the organizational structure of your business (including titles and responsibilities) and the amount of capital required to finance a venture and sustain it until breaking even.
Developing thorough business plans confers many benefits including:
A business plan is a valuable managerial tool, helping the entrepreneur focus on developing a strategy for the business. In fact, the primary purpose of building a business plan is to improve decision-making control over the company and to avoid discrepancies commonly leading to business losses. It is also helpful for re-setting the business plan after the start-up stage of the company.
The business plan is also a critical tool for the entrepreneur to establish a solid financial base and secure external funding from angel investors and venture capitalists. Developing a detailed plan is the first step in convincing potential lenders and investors of the viability of the business idea, the accessibility of the market, the capability of the firm’s management and the attractiveness of the projected return on investment. To demonstrate a reasoned thought process to banks, angel investors and venture capitalists, the entrepreneur has to develop a compelling business plan. Frequently, the existence of such a plan is the critical factor in a lender’s decision to invest in a nascent business.
Our general business plan consists of 8 keys components: