The FD Accounts Service
At FD Start Ups we strongly believe that planning is an essential part of the start up process that provides a hugerangeof benefits and we totally recommended that anybody starting a business create some form of business plan before they start.
After all, if you are going to build a house you will surely do the planning before you start the project. The same applies to building a business.
However, it is important that you carry out the right kind of business planning for your circumstances.
If you intend to apply for external funding(e.g from a bank, investor or other lender) then you will definitely require a traditional business plan to demonstrates the viability and sustainability of your project .
However, if you are of the many self fundingstarts ups looking for a simple and effective way to successfully launch and build your new venturethen some type of lean planis the way to go.
A lean plan is an ongoing planning process that enables you to make fast adjustments to aspects of your business model therebygiving you the flexibility to quickly implementand respond to change andcompete in today’sfast face paced markets
So, to ensure you get the right support for your organisation we have two business plan schemes to cater for these two scenarios - the Quicklaunch plan the Funding Business Plan.
Quick Launch plan
The Quick launch plan is a lean planning system designed to helppre start ups and early stages organisations to successfully start and build their new business or venture
As a lean planning system , the focus will be on helping you get your products/service out there quickly and then running acycle ofinnovative improvements and comparing the expected response / performance with the actual response / performance. This way, you will always havethe data youneed to make changes that will keep you relevant to your customers and see your business model grow.
To ensure you have a strong base from which to launch this plan, we will ensure you are set up in the least riskiest and costliest way and have implemented the key planning decisions known to boost the chance of successincluding a financial plan / forecast to be used as the primary control tool.
Furthermore, you will benefit from ongoing support for as long as you need it including monthly and/or quarterly progress checks to help you monitor performance and make the necessary adjustments when required.
Funding Business Plans
The Business Plan service is designed to help e start ups or early stage organisations who need a business plan to apply for external funding ( e.g. from a bank or other funding institution).
Using our knowledge and experience of what different funders and lenders require we will work with you to create a business plan that will maximise your chance of success of getting the funding.
Using our simplified collaborative approach all you need to do is answer some questions and `plug in` some basic numbers regarding your idea. We will then critically analyse the idea, carry out any necessary independent research and then expand the idea including, where necessary, encourage you to make positive changes that will make your idea more viable and attractive to potential customers, investors and partners.
On completion of the process you get a compelling proposal fully backed up by evidence, market research and full financials in a visually stimulating design guaranteed to impress the nnded reader.
Note: some lenders/investors have their own preferred funding requests formats or application forms and we can help you complete them as well.
Choosing the correct plan
The main factor in determining which of the plans to choose is simply whether you will be applying for external funding in the short term. If the answer is yes then the Funding Business Plan will be most appropriate.
However , it must be understood that it is possible that you may end up using both services at some point. This is because the Quicklaunchplan is designed to cater for your ongoing planning and practical business building needs whereas the Funding Business Plan is more of a one off tool to be used when you need to raise funds from an external institution
For example, you may have started off using the Quicklaunch plan which has helped you get to the point where you need money to quickly expand .You could then use the Funding Business Plan service to produce a business plan raise the required money from your bank.
The benefits of the FD Accounts Service include:
✓ FREE accounting software
✓ minimal manual data entry
✓ paperless workflow
✓ flexible bookkeeping plans ranging from daily to annual.
✓ low cost all inclusive fees payable monthly
✓ 24 hour access your financial data, reports and documentation whether you are on the move or sitting on the beach
✓ easy access to support and advice whenever you need it.
✓ a host of apps that can integrate or work with your accounting system which will make running your business far more
If you think your organisation could benefit from our outsourcing solution please complete our online Contact Form and we will get back to you on the best way to take the process further. Alternatively, ring us on 020 7717 9669 / 07961 109503 or e- mail us at accounts @ xxxxxxxx