When approaching the bank for a business loan, the first thing they may request is your business plan and financial forecasts. The bank needs this to give them a detailed overview of who you are, what you do, what markets you serve and how you are going to compete in your industry.
Before lending, the bank needs to assess the risk associated with the loan, and therefore they need to determine your business's ability to repay them month by month. Your plan will need to include sales projections, trading accounts, cash flow forecasts and balance sheet projections.
It is imperative that you are prepared, with a detailed and professional business plan to hand. You may only get one chance to impress, and this is where we can help. We prepare neat, professional and concisely written business plans alongside meticulously prepared financial forecasts. Our goal is to help our customers put their best foot forward and give them the best possible chance of loan approval.
THE PROCESS IS EASY
Final Draft and Handover
We pride ourselves on preparing high quality business plans and financial forecasts at affordable and competitive prices.
The cost of your plan will depend on the level of detail required and your target audience. For example, standard microfinance applications start at €490 while plans for bank loans begin at €690.
Business plans for investment opportunities and grant applications are costed on a case-by-case basis.
For more price information please click here.
HOW MUCH IT COSTS
Our job is to take the hassle out of writing your business plan.
This involves five simple steps:
Click here for more details on the process.
OUR BUSINESS PLANS INCLUDE
The executive summary is effectively a synopsis of the entire business plan. It captures the essence
of the business, setting out the rationale and logic behind the likelihood for its success.
This will outline details such as the business structure and ownership. It will cover the company
history and future vision.
PRODUCTS OR SERVICES
What are your products or services? What problem are you solving for your customers? This section
elaborates on these topics and goes into detail on your business offering.
Who is the business selling to? Who are its competitors? What forces are influencing the market? How will the company build and sustain a competitive advantage? What research have you done?
The company’s sales forecasts are outlined here. We will also cover pricing, cost of sales and any other factors relevant to your sales model. We simulate sales forecasts using both tables and easy
to read graphs.
How will you promote your business? Here we focus on the promotional elements of your marketing mix. We detail the tools and methods you will use to win customers and achieve a competitive edge.
This is a critical part of your plan. We will include professionally prepared and presented trading
projections, profit and loss forecasts and monthly cash-flow statements where required. More
complex business plans will contain balance sheets..
OPERATIONS AND MANAGEMENT
Investors don’t invest in ideas, they invest in people. Can you actually accomplish what you have
planned? Do you have the right team in place to turn a good idea into a great business? Here, we
answer these questions.
Click here to see more detail on what your plan will include.
WHAT OUR CLIENTS SAY
Best Cover Insurance
The guys showed a genuine interest in what I needed to achieve from the moment we spoke. The personal service was second to none. Mark arranged a call to discuss the concept of the business and our targets. This was transferred into a format which was suitable for multiple audiences. Overall, a great service with excellent support.
I’m not originally from Ireland, so I wasn’t very confident about my “Business English”. The team were fantastic in helping me prepare marketing, regulatory, and business planning materials. The plan has helped me through all the administration layers I have come across. The service was excellent value for money, and I would strongly recommend Irish Business Plans.
JTL Stores Ltd
Kildare, Meath & Antrim
I needed to raise a seven-figure sum to purchase commercial properties. I required a detailed business plan and forecasts. Mark was extremely valuable in his ability to understand my business and translate this into a plan. A pleasure to work with and I strongly recommend them.