BUSINESS PLANNING FACT FINDER - Financial Horizons 2025

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Financial planning is the process of assessing the current financial situation of a business to identify future financial goals and how to achieve them. The financial plan itself is a document that serves as a roadmap for a companys financial growth.
A small business financial advisor can help manage both business and personal finances for small business owners. They can identify cost savings, improve cash flow and boost efficiency in your business, potentially offsetting their fee.
The fact find process is just simply for the Advisor to ask the clients questions and gather information about their finances, goals, and needs. They cover things like income, expenses, assets, debts, investment preferences, risk tolerance, and future plans.
A business plan is a written document that describes your business. It covers objectives, strategies, sales, marketing and financial forecasts. A business plan helps you to: clarify your business idea. spot potential problems.
A financial plan is a core part of a business plan that frames your business concept, leadership, market, and competition. Its a key element of documents used, along with financial statements, to help secure funding from investors or private lenders.
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Traditional business plans use some combination of these nine sections. Executive summary. Briefly tell your reader what your company is and why it will be successful. Company description. Market analysis. Organization and management. Service or product line. Marketing and sales. Funding request. Financial projections.
The business also describes how the company will operate and what team will execute the business plan. The financial plan is typically added at the end and converts the business plan into numbers and projections.

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