Best finance service in Zirakpur "Ask me finance"

A successful business plan is a roadmap to success.

Invest in the future by planning for it today.

About Us

Who We Are

Giving wings to financial dreams, since 1988

At AskMeFinance.com, we believe that every business is unique and requires a customized approach to its business plan. Our process is designed to ensure that we understand your business, its objectives, and its financial needs.

At AskMeFinance.com, we are committed to delivering high-quality business plans that meet your needs and exceed your expectations. Contact us today to discuss how we can help you achieve your business goals.

How We Work

Interact and discuss the scope

We begin by interacting with you to understand your business, its history, and its goals. We also discuss the scope of the business plan and the timeline for its completion. We ensure that we have a clear understanding of your requirements and expectations.

Pay 15% on assignment

Once we have a clear understanding of your business and its needs, we will provide you with a quote for our services. Once you agree to proceed, we request an upfront payment of 15% to begin work on your business plan.

Pay 50% on approval

Our team of experienced business plan writers will work on the first draft of your business plan, which we will submit to you for review and approval. Once you approve the first draft, we request a payment of 50% of the total amount due.

Pay Balance 35% on acceptance

We work with you to make any necessary revisions to the first draft and submit the final draft for your acceptance. Once you accept the final draft, we request payment of the remaining balance of 35% of the total amount due.
Features

Benefits of good business plan

A well-written business plan can offer several benefits when seeking funding. Here are some key advantages of drafting a good business plan for funding:

A business plan helps you clearly define your business idea, objectives, target market, competition, and financial projections. It enables you to present your business in a structured, organized, and easy-to-understand manner.

A good business plan shows that you have conducted thorough research and analysis and have a realistic plan for achieving your business goals. It gives investors and lenders confidence that your business is feasible and has potential for growth.

A well-written business plan includes a risk assessment, which helps you identify potential challenges and threats to your business. By addressing these risks proactively, you demonstrate to investors and lenders that you have a plan in place to mitigate them.

A business plan is essential for securing funding from investors and lenders. It provides them with a clear understanding of your business, your target market, your financial projections, and how you plan to use the funds.

A good business plan serves as a roadmap for your business. It outlines your goals, strategies, and action plans, which helps you stay focused and on track to achieving your business objectives.

Overall, a well-crafted business plan can help you secure funding, mitigate risks, and provide direction for your business. It is an essential tool for any entrepreneur seeking to start or grow a business.
A good business plan should be well-researched, clearly written, and visually appealing. It should present a compelling case for your business idea and demonstrate your ability to execute your plan successfully.

A good business plan typically includes the following sections:

Good financial projections should include the following components.

1. Revenue Projections

An estimate of your business’s expected revenue over a specific period. This projection should take into account various factors such as market demand, pricing, competition, and sales channels.

2. Expense Projections

An estimate of your business’s expected expenses over a specific period. This projection should include all operating expenses such as salaries, rent, utilities, and other overheads.

3. Profit and Loss Statement

A summary of your business’s revenue, expenses, and net profit or loss over a specific period.

4. Cash Flow Projections

An estimate of your business’s expected cash inflows and outflows over a specific period. This projection should include all sources of revenue and expenses, including accounts receivable and accounts payable.

5. Balance Sheet

A statement that provides a snapshot of your business’s financial position at a specific point in time. It includes assets, liabilities, and equity.

Features

Benefits of good financial projections

A well-written business plan can offer several benefits when seeking funding. Here are some key advantages of drafting a good business plan for funding:

Financial projections are an essential component of a business plan, and they play a crucial role in securing funding from investors or lenders. Investors and lenders use financial projections to evaluate the potential risks and returns of investing in your business.

Financial projections help business owners make informed operational decisions. They provide insights into your business’s financial performance and help you make decisions regarding pricing, product or service offerings, and resource allocation.

Financial projections help business owners monitor their business’s financial health. By comparing actual performance to projections, business owners can identify areas for improvement and adjust their strategy accordingly.

Financial projections facilitate planning by providing a roadmap for achieving business goals. They help business owners plan for growth, expansion, or other strategic initiatives.

Good financial projections enhance your credibility with stakeholders. They demonstrate that you have a solid plan for achieving your goals and that you have a clear understanding of your business’s financial performance and potential.

Overall, good financial projections are essential for any business seeking funding or looking to make informed operational decisions. They provide valuable insights into your business's financial performance and potential, and they help you make informed decisions that support your long-term success.

"A clear plan and determination can take your business to new heights."

Here are some important ratios that an investor may look for in a business plan

Remember to provide clear and concise explanations and interpretations of the ratios in your business plan, and to highlight any areas where your business performs particularly well. It’s also important to provide historical trends and future projections for each ratio, along with the assumptions and risks behind those projections.

01

Return on investment (ROI)

This ratio measures the return on the investment made by investors or business owners. A high ROI indicates that the investment is generating good returns.

02

Gross profit margin

This ratio measures how much profit a business makes on each dollar of revenue after deducting the cost of goods sold. A high gross profit margin indicates efficient cost management and pricing strategies.

03

Net profit margin

This ratio measures how much profit a business makes on each dollar of revenue after deducting all expenses, including taxes and interest. A high net profit margin indicates good overall financial performance.

04

Debt-to-equity ratio

This ratio measures the level of debt financing versus equity financing used by a business. A lower ratio indicates less reliance on debt financing, which can be viewed positively by investors.

05

Current ratio

This ratio measures a business’s ability to pay its short-term liabilities using its current assets. A higher current ratio indicates better liquidity and financial stability.

06

Quick ratio

This ratio is similar to the current ratio, but excludes inventory from the calculation. A high quick ratio indicates good short-term liquidity and financial stability.

07

Cash flow coverage ratio

This ratio measures the ability of a business to pay its debts from its operating cash flow. A higher cash flow coverage ratio indicates better financial health and less risk of default.

08

Payback period

This ratio measures the time it takes for a business to recoup the initial investment made by investors. A shorter payback period indicates a faster return on investment.

How We Work

1. Interact and discuss the scope

We begin by interacting with you to understand your business, its history, and its goals. We also discuss the scope of the business plan and the timeline for its completion. We ensure that we have a clear understanding of your requirements and expectations.

2. Pay 15% on assignment

Once we have a clear understanding of your business and its needs, we will provide you with a quote for our services. Once you agree to proceed, we request an upfront payment of 15% to begin work on your business plan.

3. 50% on approval of first draft

Our team of experienced business plan writers will work on the first draft of your business plan, which we will submit to you for review and approval. Once you approve the first draft, we request a payment of 50% of the total amount due.

4. Balance 35% on acceptance of final draft

We work with you to make any necessary revisions to the first draft and submit the final draft for your acceptance. Once you accept the final draft, we request payment of the remaining balance of 35% of the total amount due.
Best finance service in Zirakpur "Ask me finance"

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