Finance industry business plans have become a little more complicated in the recent past, as new calls for regulation and downward pressure from the federal government have made the terrain a little more treacherous. With the fallout from the subprime mortgage crisis and the subsequent screw-tightening on financial agents in all corners of the industry, investment managers and players in the money market must do business in a changed landscape. But for the most part, a finance industry business plan is still a straight-forward document – it simply needs to describe the (changing) market opportunity, the credentials of the people at the helm of the business, and the service suite that the company can deliver to consumers or commercial investors. The business plan should show all of the following:
• An assumptions-pinned 5-year pro forma financial model
• A complete list of services or financial products sold
• A strong market analysis showing the state of the market and industry
• A client acquisition strategy and marketing section
• A list of everyone involved at the executive level and their backgrounds
The business plan should also look at your closest competitive comparables, whether they are large publicly-traded entities or smaller players in your immediate region. You should try to determine their strengths and weaknesses, as well as their sales totals from the previous year. Beyond this information, much of the value in your business plan will turn on the financial statements you're able to make. Forward-looking revenue, cash flow, balance sheet, and P&L statements should be included for a 5-year period, along with a clearly defined break-even point and payback schedule (or equity share scenario). MasterPlans can help you with these business plans if you want to have an expert consultant write and research them for you. We have vast experience in the financial services industry and we can help you get your business where it needs to be. Call us today: 877-453-2011.
