How Does the Business Planning Process Work?

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.0.47″][et_pb_row admin_label=”row” _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text admin_label=”Text” _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] The business planning process involves taking steps to set forth your goals for your organization and your path towards achieving those goals. While the specifics of the business plan will be different for every business since there are no two companies that are the same, the general structure and format of business plans is usually similar across different companies. A business plan can be used both by those involved in operating a business to guide their decision making, as well as by investors and banks in determining whether to provide financing for a company. business planning process

Making a business plan can be complicated, whether the plan is your first one as a startup or whether you are making an updated or revised plan as your company evolves and grows. The best way to make certain that your plan is as comprehensive and strategic as it should be to help you achieve success is to get advice from an experienced professional. A business planning attorney can be an invaluable ally as you make a business plan, as a lawyer can bring a unique perspective and a deep understanding of Florida law to the business planning process.

Barbara M. Pizzolato, P.A. has provided assistance to many companies during the business planning process. We understand how companies can and should create plans for their future success and we can provide you with advice on using Florida’s laws and legal tools both to grow your company and to minimize risks. Give us a call to get our legal team involved with your business planning process and to find out more about the ways in which we can help you.

How Does the Business Planning Process Work?

A business plan generally involves setting forth specific goals for a company, defining a company’s purpose, and identifying how a company will operate. The plan should also include details on the market the company will be operating in, its competitive strengths, and the steps it will need to take to become profitable.

Different components of your business plan should typically include:

  • An executive summary of what the plan entails.
  • A description of your business, its mission, and its vision
  • A description of the market in which your business will operate
  • A description of the services you will offer and/or of the products that you will provide.
  • Details on the management of your organization and on your organizational structure.
  • A sales strategy for your business.
  • A marketing strategy aimed at reaching your target market.
  • A detailed plan for financial management, cost structures, and achieving profitability
  • A conclusion

The Small Business Administration provides a template that you can use to help you to draft your plan. However, creating your own business plan and filling in these specifics is going to require detailed analysis and comprehensive research. Consulting an attorney for advice is often a good idea, and you should consider getting legal help early on in the business planning process.

Why Should You Get Legal Help When Creating a Business Plan?

When creating a business plan, you need to think about the different tactics and tools you will use in order to accomplish your goals and achieve the success that your company has been dreaming of. The necessary steps for growth often involve making smart financial decisions; hiring employees; and protecting your intellectual property and trade secrets. An attorney can provide you with information about legal tools that you can use, agreements that you should create, contracts that can help your business, and tax rules that apply to your organization.

From assisting with the selection of a business entity to helping you review contracts to assisting you with drafting agreements and protecting your organization’s interest, an attorney can do countless different tasks to help your company as it grows. Your attorney can also provide general business and legal advice, bringing in knowledge of both Florida laws and the business climate in the area where your company is operating.

Barbara M. Pizzolato, P.A. has assisted many companies in and around Fort Myers with business planning, and we have developed a deep understanding of how to take a holistic approach to setting and achieving company goals. We work with you to look at the big picture, consider short-term and long-term solutions and create a strong company.

Getting Help from A Business Planning Lawyer in Fort Myers

Barbara M. Pizzolato, P.A. can assist you throughout the business planning process. Whether you are a startup or an established company in Fort Myers, we can provide the help that you need to take appropriate action in setting your company on the path to success. Give us a call at (239)-225-7911 or contact us online to speak with a member of our legal team and find out more.
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Fort Myers (Main Office):

12751 New Brittany Blvd.

Suite 402

Fort Myers, FL 33907

P: (239) 225-7911

F: (239) 221-0279

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By Appointment only

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Naples Office:

4851 Tamiami Trail North

Suite 253

Naples, FL 34103

P: (239) 225-7911

F: (239) 221-0279

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New York Office:

Suite 240, One Suffolk Square

1601 Veterans Memorial Hwy

Islandia, NY 11749

P: (866) 817-4713

F: (239) 221-0279

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New Jersey Office:

c/o Richard A. Feldman, Esq.

80 Main Street, Suite 140

West Orange, NJ 07052

P: (866) 817-4713

F: (239) 221-0279

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