Based on our experience with different kinds of businesses we’ve worked with, one of the major weak spots of the owners
or managers are the business concept and the strategic planning, which are often neglected or even virtually absent.
Without creating the concept and drafting all the planning steps in respect of that concept at the first beginning, no
professional achievement of the projected goal would be possible. A soundly compiled business plan is essential, and usually
even required for investors. It should include all the necessary elements such as, timetable, build out, food, market, financials, etc.
20% of all start-ups would unfortunately fail during the first 2 years and almost 50% of all start-ups fail during the first 5 years
of being open. Most of them don’t notice deviating from the initial business plan and concept, the more they keep on working
the same way they started or just learning by doing, the more expensive it would become to resolve the situation. They eventually
ignore the necessity of the needed adjustment
A business concept should be continuously tested for its viability to meet all necessary requirements and exceed initial goals set forth.
YBS was assigned to assist and support even established businesses, which needed to re-evaluate the feasibility of their concept
development and the profitability of their initial business plan. In most cases the managers, after years running the operation, were not
able to recognize whether and how they have been deviating from initially designated goals or scheduled planning steps.
If you had no business plan or eventually an unqualified one, in the best-case scenario, you might get satisfying operating results
although you have tried to work efficiently and to max out your potentials. However, under normal conditions the result usually turns
out moderately and you would definitely need professional support, if you want to improve your doing consistently.
It is worth it! Get YBS professional audit and support for your concept development and financials and you would generate additional
cash flow, which put our partners in a position to fully implement designed vision once capital was raised.
PLANNING & PROFITABILITY
YBS can assist you at any stage of your business with:
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