Strategic Business planning — how an accountant can affect your future results

Using outside resources automatically gives a new perspective on your plans — one that can positively impact the growth and development of your business. At VWEG we will help you establish or update a strategic plan that is specifically designed for your company, and set up monitoring systems to ensure you measure and adjust as you go — and make sure you stay on the track to success. Our planning services always begin with identifying the future needs of the owners and key stakeholders in the company — what they need in the form of income or time away, when they want to retire, and how to build value in the business itself to ensure future saleability, or to ensure the business can run successfully and profitably in the owners absence.

A comprehensive strategic plan will encompass examining where your business is today, setting a vision and purpose for the future, and drawing the road map of how to achieve success. It will also involve looking at each area of your business — marketing, operations, human resources, finance and innovation — to identify your strengths, weaknesses, opportunities and threats in each area, and to form an action plan that both owners and the entire team can get excited about.

At VWEG we employ proven systems and techniques to ensure the planning process flows smoothly and systematically, giving you the best chance to realize your dreams.

Areas that are most commonly missed in business planning are:

• Planning for shareholder and employee remuneration, to ensure retention of key personnel
• Identifying all tax deductible expenses
• Integrating estate, retirement and succession planning into the overall plan
• Making the most of technology
• Systemizing the production, accounting and office functions of your company
• Establishing documented policies and procedures to ensure consistency of products and services
• Identifying critical success factors and establishing monitoring systems
• Beginning with the end in mind