Business planning and financial forecasting is a popular service that we offer to start-ups and existing businesses looking for a new direction. A business plan is a formal document that describes in detail an entrepreneur’s business goals, and operational plans on how to attain those goals. The CommonWealth Group has great relations with many banks throughout southeast Michigan, looking for businesses to lend too. Banks require their clients to have a business plan for lending purposes. Our reputation amongst our banking partners is second to none. Our business plan approval rate has been significant.
Depending on the size and financial needs of our clients, we have created business plans that range from fifteen pages to one hundred-page documents. Our business plans are crucial to your future success. As a business owner you know exactly what you have in mind, and what it takes to operate. At CommonWealth, we make your vision a reality by translating those ideas into facts and figures. Our business plans are creative, detailed and can be used as a crucial reference throughout your business lifespan. Our detailed financial forecasting breaks down all income and expense items without you even having a key to your business. The 3-year, 5-year or even 10-year forecasts, become a great tool to have, and a detailed budget to insure your financial stability. If lending institutions approve you for a loan, they are basing their investment on your individual credentials and the fact that if you were to follow the business plan as documented, you will guarantee your own success.
Request your own personalized business plan questionnaire today! Click on the Account on Us tab.