How to write a business plan for building and construction companies
Business planning is an important management tool for either a start-up or an existing business in any industry. A sound business plan is often required by external parties such as financiers and investors, insurers and government organisations, but is equally important for the internal analysis and planning purposes. Read the article...
By Julia Podgorbunskaya, as published in the Master Builders Association of NSW Magazine, Sept/Oct 2014 edition
What is the difference between a business plan and an investment proposal?
Our clients often ask: "What is the difference between a business plan and an investment proposal, and what document is required to raise finance for a business?" Well, the difference is in the focus the document communicates and the audience it pitches to. Read the article...
May 2017
The 60 second presentation
You never know when the next opportunity to promote your business will come up, and when it does - you want to be ready for it. Imagine, you got talking to someone in the lift and so you only have a minute to get them interested in you and your business. In our busy lives, when everyone is constantly rushing from place to place, these short presentations, also called “elevator pitches”, become increasingly important. Read the article...
May 2012
STARTUPS
6 common mistakes of startups It is common knowledge that the majority of start ups don’t go beyond the stage of concept development. And even if a start up has successfully passed this stage, there is no guarantee that it will progress into a profitable and successful business. Read the article...
March 2012
How to start a business is Australia The idea to fly solo comes to different people for different reasons. Some feel that they have outgrown their current job and would like to try it on their own and be their own boss. Some have been forced by the employment market. And some just want to try it as an additional income generator on the side to their main job. Read our Free Guide...
January 2012
BUSINESS ANALYSIS & STRATEGY
What is the difference between a business case and a feasibility study?
While both a feasibility study and a business case consider worth, viability and options for a new business or government initiative, the focus of each document is different. Read the article...
December 2018
Strategic Management Tools: Balanced Scorecards
Balanced Scorecard is an effective strategic management tool often employed by organisations to measure and evaluate performance. There are three major reasons why organisations measure performance: Read the article...
May 2018
Strategic Business Planning: Analysis of the external business environment
External business environment analysis is a crucial part of a strategic business planning process. It identifies opportunities and threats presented by the factors outside of the company’s control, and provides insights into how the company can take advantage of this knowledge given its capabilities and aspirations. This analysis includes the following major components: Read the article...
April 2017
Strategic Business Planning: Analysis of the internal business environment
One of the first stages in a strategic business planning process is the internal business environment analysis. The purpose of the internal business environment analysis is to identify and document the company’s current and desired position, its strengths and weaknesses, to create a platform for an effective subsequent business strategy choice and formulation. This analysis includes the following major components: Read the article...
June 2015
An effective strategic business planning process
Strategic business planning is normally undertaken by established businesses with the purpose of providing focus, identifying or re-defining the long-term goals, and moving the business from where it is now to where it wants to be. A strategic business plan is a high-level organisational document outlining the company’s vision and mission, long-term goals and objectives, and rational and implementable strategies to achieve it. Read the article...
