Friday, July 16, 2010

New Business Opportunities

We complete business plans of all types and sizes, including many for green products and services as well as renewable energy. As mentioned on our web site (www.green-businessplans.com), we strongly suggest all business owners consider green practices if not being a truly green and sustainable business. In green and sustainability we see tremendous opportunities for solar sales, solar installations, energy conservation, LED and induction lighting and other areas where entrepreneurs can seize the day.

Today’s economy is rebounding and offers opportunities in all market segments for businesses that provide a better product or service or better pricing in comparison with existing products and services. This is true for sustainable and traditional business ventures and is a basic principle that must be substantiated in detail in a business plan. The majority of plans we receive weekly do not “practice what they preach,” more specifically, these plans make broad statements that are not supported. Often when trying to play devil’s advocate or more so to take the approach of investors bankers looking at a business plan, I often state that I should have been born in Missouri, the “show me” state. There are many opportunities for new business, but to seize these opportunities, long standing methods such as extensive due diligence and transparency must be addressed in the business plan and presentation.

We not only can help entrepreneurs and existing business owners succeed with new opportunities they identify but also offer new areas where you can grow or enhance your business from products to services to marketing efforts to using our relationships. As a national firm with regional presence, we see what works in many businesses and can apply that to new locations and other businesses.

Feel free to contact me at tim@thebusinessplanconsultants.com to discuss your business or suggestions we can make to consider other opportunities.