Let’S Get On With Recovery

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Presentation presented to seminar on preparing business for recovert

Presentation presented to seminar on preparing business for recovert

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  • 1. LET’S GET ON WITH “RECOVERY” James G. O’Hanlon Accountants & Business Advisory
  • 2. LET’S GET ON WITH “RECOVERY”
    • Cycle of Economic “Growth” over 2 decades
      • Extraordinary Growth (Uninterrupted|) 1994 – 2007
      • Economic Collapse 2007 - 2010?
      • Economic Recovery 2011 - ?
  • 3. LET’S GET ON WITH “RECOVERY
    • What happened to Ireland 1994 – 2010
      • Foreign Direct Investment
      • Indigenous Industry Growth
      • Employment Creation
      • Growth in Service Industry
  • 4. LET’S GET ON WITH “RECOVERY
    • Economic Collapse 2007/2008 – 2010?
      • Global Collapse
      • Impact on Ireland (Greater Exposure)
      • Impact on SME Sector
        • Extraordinary shrinkage in Market
        • Need to reduce organisation size & structure
        • Need to reduce cost structure
        • Business owners immersed in day-to-day
        • Most business owners lack experience
  • 5. LET’S GET ON WITH “RECOVERY
    • Recovery 2011?
      • Talk to customers
      • Focus on their needs
      • Examine Products/Services
      • Examine Markets
      • Examine Human Resources
      • Devise Strategic Plan
  • 6. LET’S GET ON WITH “RECOVERY
    • Strategic Planning / Business Development
      • Roadmap (Sailor without a compass)
      • Communication Tool
      • Checklist / Reference
      • Unity & Cohesion
      • Business Review / Evaluation
  • 7. LET’S GET ON WITH “RECOVERY
    • Contents of Strategic Plan
      • Executive Summary
      • Business Description
      • Market Analysis
      • Marketing & Sales Strategy
      • Management, Staffing & Operations
      • Financial Projections
  • 8. LET’S GET ON WITH “RECOVERY
    • Executive Summary
      • Final section
      • Milestones /
      • Purpose
      • Products/Services
      • Market Opportunity
      • Management Team & Strengths
      • Financial Projections
      • Funding Requirement / Working Capital
  • 9. LET’S GET ON WITH “RECOVERY
    • Business Description
      • Promoters
      • Advisors
      • Product/Service
      • Aim of the Business
      • Objectives
      • SWOT Analysis
  • 10. LET’S GET ON WITH “RECOVERY
    • Market Analysis
      • Target Market
      • Target Customer/Market Segment Revenue
      • Market Trends
      • Competitor Profile
      • Competitive Advantage
      • Benefits to Customer
  • 11. LET’S GET ON WITH “RECOVERY
    • Marketing & Sales Strategy
      • Marketing Strategy
      • Revenue Sources
      • Sales Strategy
      • Pricing
      • Marketing & Communication
  • 12. LET’S GET ON WITH “RECOVERY
    • Management, Staffing & Operations
      • Organisational Chart
      • Staffing Roles & Numbers
      • Training Plans
      • Operations
  • 13. LET’S GET ON WITH “RECOVERY
    • Financial Projections
      • Key Assumptions
      • Profit & Loss
      • Cashflow
      • Balance Sheet
  • 14. LET’S GET ON WITH “RECOVERY
    • HAVE YOU A PLAN