Updating the business and funding plans
Minimum hours included
|Personal guidance||16 t|
|Peer group activities||0 t|
The content of the service is an analysis of current business and financial figures. The goal is to focus on the bottlenecks that limit business growth, as well as things that would bring as much new business and revenue as possible with as few resources as possible. If necessary, update the company's strategy, especially customer segmentation, customer acquisition, product and service portfolio. Find out how networking, cooperation with others could also lead to new business opportunities. If necessary, other topics of the business that are important for the entrepreneur, such as financial calculations, applying for funding or risk management, can also be discussed. As an output of the service, an updated version of the business or financial plan is prepared together with the customer and compact action plan.
The work is done together with the client, but both parties will also work independently. Some “homework” can also be given to the client. The way of working has a strong sparring approach and the aim is also that the entrepreneur’s skills are developed during the service development.
We spend enough time on the project and thus we target to ensure that the entrepreneur really benefits from the use of our expertise. We do not believe in quick advice, but in genuine interaction and open coaching-like discussions. Often the implementation includes 2-4 meetings, each lasting 1-3 hours. In addition to this, our work includes preparations and other required work, such as a thorough review of the current business plan and calculations. Business Engine experts have analyzed and given business advice to more than 1,000 start-up companies. Our experts have prepared approximately 1,000 start-up grant statements for the TE Office, and we have also accelerated business development for more than 50 growth entrepreneurs, for example in connection with KasvuOpen process.
Mikko Pesonen, Unit Manager, Business Engine, [email protected], 044 0321 297