New Startup? Your Business Development and Us
New Startup? Your Business Development and Us
As your accountant, we won’t just look after the financial side of your business, we can also advise you on the strategic side of your company. Including the importance of business development as a vital part of your growth plan.
Business development (BD) is what helps your company move from slow, organic growth to fast-paced, hypergrowth. And it’s only by putting the right drive and expertise behind your BD that you can turn your strategic ideas into real success stories.
So, how can we help you achieve this?
Talk to you about your strategic goals
The starting point for any kind of BD activity is to pin down your goals and aims as a business. When you know what you want to achieve over the coming months, it’s far easier to define a strategy for success. And that’s easier to do when you talk to an objective adviser, like us.
We can sit in on your board meetings, talk to your executive team and get a real handle on what makes the business tick. And, armed with this knowledge, we’ll work with you to drive the direction of your BD and find the best opportunities for you to focus on.
Help you create a clear BD strategy and plan
Having a defined set of BD goals is a good starting point. But to put this all into action in a productive way, you will need a comprehensive plan for your BD projects.
Our years of experience advising business leaders and their teams really comes into play here. We know the best routes to take, the needed budgets, and the right tactics for bringing in more contracts, sales, and partnerships. You will have a BD route map to follow and action by putting these strategies into a clear plan and linking this to agreed timescales.
Provide better routes to funding and investment
Whatever goals you’ve set for your BD projects, you’re likely to need additional funding to finance this activity. Investing in your expansion or new partnerships is vital to getting a good return on your BD, so great access to finance is a definite bonus.
We’ll advise you on the most appropriate funding channels and how you can use these facilities to finance your BD plans. And we can also link you up with banks, lenders, and business finance specialists to get the advice and finance you need to bring your BD to life.
Help you track and measure your BD performance
Meeting your BD targets takes time – and a whole lot of dedication. Measuring your BD performance over time helps you stay on track and indicates how well you’re tracking against your planned progress.
We’ll help you create the reporting and metrics you need so you have clear data to track your progress over time. You can log your activity in your project management system or your client relationship management (CRM) software and keep clear notes on contacts made, relationships built, targets converted, etc.
If you want to get more from your BD, please get in touch. We’ll partner with you to put some real drive, experience, and impetus behind your BD strategies.