how it works

In today's dynamic business landscape, securing the right financial solutions is paramount for growth and sustainability. The well-made business plan is not just a formality; it is a strategic roadmap that unlocks opportunities, attracts investors and guides your venture towards growth. At Praman Advisors Private Limited, we understand the critical role a robust business plan plays in accessing tailored financial solutions. With our expertise and comprehensive approach, we help businesses like yours navigate the complexities of finance, ensuring you are well-equipped for your entrepreneurial journey.

1. Overview:

Praman Advisors Private Limited specializes in providing intelligent compliance and corporate business solutions. Within our "Financial Services" offering, the development of a strong business plan is a cornerstone. We go beyond simply creating documents; we act as your strategic advisors, helping you articulate your vision, analyse market opportunities, forecast financials and present a compelling case to potential lenders and investors. Whether you are a startup seeking initial funding, an established business looking to expand or an entrepreneur exploring new ventures, our bespoke business plans are designed to align with your financial goals.

Partnering with Praman Advisors for your business plan brings a multitude of advantages:-

  • Enhanced Funding Opportunities: A professionally prepared business plan significantly increases your chances of securing loans, venture capital and other financial solutions. Lenders and investors rely on comprehensive plans to assess viability and risk.
  • Clear Strategic Direction: Our business plans provide a clear roadmap for your business, outlining objectives, strategies and operational plans. This clarity helps you stay focused and make informed decisions.
  • Market Insight and Competitive Advantage: We conduct thorough market research to help you understand your target audience, analyse competitors and identify unique selling propositions, giving you a competitive edge.
  • Realistic Financial Projections: Our experts develop robust financial forecasts including revenue projections, expense breakdowns and cash flow analyses, providing a realistic picture of your financial health and future potential.
  • Risk Mitigation: By identifying potential challenges and developing contingency plans, our business plans help you proactively mitigate risks, making your venture more resilient.
  • Improved Operational Efficiency: The process of developing a business plan often uncovers areas for operational improvement, leading to greater efficiency and profitability.
  • Credibility and Professionalism: The business plan compared by professionals demonstrates your commitment and seriousness to stakeholders.

While the specific documents may vary based on your business type and the complexity of your financial needs, here is a general checklist to help you prepare:-

  • Business Registration Documents:
    • Certificate of Incorporation (for Private Limited Companies/LLPs).
    • Partnership Deed (for Partnership Firms).
    • Proprietorship Declaration (for Sole Proprietorships).
    • Udyog Aadhaar / MSME Registration (if applicable).
    • GST Registration Certificate.
    • Shop and Establishment Act Certificate (if applicable).
  • Identity & Address Proof of Promoters/Directors/Partners:
    • PAN Card.
    • Aadhaar Card.
    • Passport.
    • Voter ID Card.
    • Driving License.
    • Utility Bills (Electricity, Phone, Gas, etc.).
  • Financial Documents (for existing businesses):
    • Latest 02-03 years' Audited Financial Statements (Balance Sheet, Profit & Loss Account).
    • Latest 02-03 years' Income Tax Returns (ITR) of the firm and promoters/directors/partners.
    • Latest 06-12 months' Bank Account Statements of the business.
    • Details of existing loans and liabilities.
    • Provisional Financial Statements for the current year (if applicable).
  • Business Specific Documents:
    • Detailed project report (for new ventures).
    • Details of assets and liabilities
    • Any existing contracts, agreements or intellectual property documents.
    • Market research data, if already compiled.
    • Any permits or licenses relevant to your industry.

Note: Our team will provide a detailed and personalized checklist upon your initial consultation.

Our process for developing your business plan for financial solutions is streamlined and collaborative:-

  1. Initial Consultation: We begin with a comprehensive discussion to understand your business, your financial objectives and your specific requirements.
  2. Information Gathering: Our team will guide you through the collection of all necessary documents and information.
  3. Market Research & Analysis: We conduct in-depth market research, industry analysis and competitive landscape assessment relevant to your business.
  4. Strategic Planning: We work with you to define your business model, target market, marketing and sales strategies and operational plan.
  5. Financial Projections & Modeling: Our financial experts develop detailed financial forecasts including projected income statements, balance sheets, cash flow statements and break-even analysis.
  6. Drafting the Business Plan: We meticulously draft a professional and compelling business plan, incorporating all key sections and adhering to industry best practices.
  7. Review and Revisions: We present the draft plan for your review and incorporate your feedback to ensure it accurately reflects your vision.
  8. Finalization & Presentation Support: Once finalized, you receive a comprehensive business plan ready for submission. We can also provide guidance on presenting your plan to potential financiers.

The fees and timelines for business plan development with Praman Advisors depend on the complexity of your business, the industry and the scope of the plan required. We believe in competitive  pricing for quote after our initial consultation.

  • Fees: Our professional fees are tailored to your specific needs. Please contact us for a personalized quote.
    • Manju Laur: 📞 +97119 94042

 

  • Timelines: Generally, a comprehensive business plan can take anywhere from 02 to 04 weeks to develop, assuming timely provision of all required information and prompt feedback from your end. Expedited services may be available upon request.

We work efficiently to ensure your business plan is delivered in a timely manner, without compromising on quality or accuracy.

Frequently Asked Questions

Most financial institutions require a detailed business plan to assess your repayment capacity, the viability of your business idea and the overall risk associated with lending to your venture. It demonstrates your seriousness and preparedness.

While we specialize in crafting compelling business plans, our primary service is the plan development itself. However, we can guide you on the types of financial solutions available and provide advice on approaching lenders or investors.

Absolutely. Praman Advisors adheres to strict confidentiality protocols. All information shared with us is treated with the utmost discretion and is used solely for the purpose of developing your business plan.

Yes, our services are designed to cater to businesses at all stages, from nascent startups seeking their first round of funding to established enterprises planning expansion or diversification.

Our team can assist you in identifying the necessary financial data and guide you on how to compile it. In some cases, we can work with estimated figures and assumptions, clearly stating them in the plan.

Simply visit our website or contact us directly via phone or email to schedule an initial consultation.
Connect with our experts
  • +91
  • +1
  • +42
  • +86
or
Connect with our experts
  • +91
  • +1
  • +42
  • +86
or