It is important for competitive organisations to have sound business objectives, a plan for how to achieve them, and the tools to measure progress. The process of business planning enables an organisation to:
- Better understand it’s market and competitive environment;
- Set realistic business objectives;
- Prioritise energy and resources;
- Ensure that employees and stakeholders understand and work toward common goals; and
- Measure and adjust focus in response to a changing environment.
The end result of the business planning process is a coherent document that identifies measurable Key Performance Indicators (KPIs) for the organisation, serves as a guide for executives, managers and staff in the execution of their day-to-day operations, and helps ensure the organisation as a whole stays on track.
As a member of the Etax Local network of accountants*, Fifth Eelment Advisors can help large and small organisations develop a coherent business plan, to ensure success in today’s highly competitive, globalised business environment. More generally, we can provide expert analytical and managerial advice and support to help your organisation consider the implications of alternative decision-making scenarios, or help you gain a better understanding of your organisation’s existing operations and activities.
Our specialists have developed a reputation for high-quality analysis and organisational-management skills and the ability to identify and communicate vital business opportunities and risks.
Contact us to arrange a confidential, no-obligation discussion about your business planning needs.
*Etax Local Accountants Pty Ltd is the service provider in relation to all accounting, taxation, BAS Agent and audit services. All clients will engage directly with Etax Local according to CPA Australia professional guidelines.