Business Development & Strategy Planning
Growing a small business today isn’t easy. If it was, all small business (10M and under) would be successful and all the owners would be wealthy. This certainly isn’t true.According to 2016 statistics published by the Small Business Administration (SBA), about 78% of small business startups survive the first year and about half of all employer establishments survive at least five years. A third survive ten years or more. This translates into a 22% first year failure rate, 50% five-year failure rate and 66% ten-year failure rate.
Would you invest with these types of odds?
Moving a business forward strategically and systematically—regardless of the size—is not for the faint of heart. Yet, if done right, entrepreneurship is one of the most rewarding adventures. In your quest to build a successful business, feeling overwhelmed and being unable to focus on long-term goals is common. You’re typically too close to your business to clearly see the next step to take.
That’s where NBG comes in.
We can help you take a step back and see “the bigger picture” so that you can get a fresh perspective. After all, you can’t grow your business in a vacuum. Getting where you want to go faster not only takes hard work; it also requires a business growth strategy that’s right for you.
Every business needs a plan, a strategy that defines your vision, your goals and how you are going to reach them. Whether you are a new business owner, or already have a small business, a simple business strategy can take your business to the next level.
Does a business strategy have to be complicated? No. Some business strategy plans can fit on three sheets of paper. Don’t let business planning and strategy fall by the wayside; plan today and reap the benefits for years to come.
NBG is here to make sure you achieve your goals and enjoy a more rewarding life by helping you: Clearly define your vision, mission, and goals
Which will then enable you to:
- Think and act more strategically
- Market your business more effectively
- Improve revenue, productivity, and profitability
- Streamline operations and reduce stress
- Identify areas where you need to take advantage of technology and tools
- Identify the
What Is This Service?
There are different levels of consulting service related to Business Development & Strategy Planning, obviously the effort varies greatly by company size in both revenue and staff. We will put together a company specific Business Development and Strategy Plan.
This service involves a minimum of two days on-site, an initial full day work session, then a full day delivery and presentation session after the materials are developed.
Business Development & Strategy Consulting helps you with:
- Clarify your Corporate Vision
- Explore right business model for your business
- Craft long-term and short-term goals
- Analyze and select growth model(s); organic and/or inorganic
- Set your revenue and expense model
- Research/review the competition
- Brainstorm on new products and services
Once you have your Business Strategy, consider our Marketing Plan Development services.
Strategy Consulting for Turbulent Times
We provide a Base Business & Strategic Planning Service outlined above, and once complete, we can provide more detailed Strategic Planning and Execution Services in these general areas:
Corporate strategy and strategic planning
. Develop realistic corporate and business unit strategies while building alignment across the organization. Strategy consulting for fundamental strategic challenges such as market assessment, scenario planning, strategic planning process design, and alliance management.
Brand strategy, growth, and innovation.
We can also provide strategy consulting to help your business create new sources of revenue growth. Develop a branded presence in your industry, and research review new and innovative ways to lead, perform better, and/or develop your workforce.
Mergers and acquisitions.
NBG can help you define plans for Inorganic Growth and act as a facilitator for your merger/acquisition plans. We can help with target identification and screening, due diligence, and post-merger integration.
need to achieve work-life balance while growing your business.