| Financial Freedom for
Business Owners
WHAT FOSTER RAFFAN WILL DO TO HELP YOU
How often have we heard that it is more likely that a business will achieve what its stakeholders want if they have a vision for the business and a plan to achieve it? Or that “if you fail to plan, you plan to fail”? Even the modern day “philosophers” like Steven Covey and Anthony Robbins emphasise the importance of a vision and how, by having this visual image of where you want to go and focusing on it, you are more likely to do each day what is important and, therefore, achieve your vision. We have heard it all before. The challenge is doing something about it. At Foster Raffan we focus on helping our clients to do those three fundamental things really well – strategic planning, implementation and financial management. Strategic Planning and Implementation – What Foster Raffan Will Do To Help Your Business Pre-Planning Financial Review As a lead in to the strategic planning workshop, Foster Raffan will help you to understand:
The knowledge obtained from this financial review provides an important focus for subsequent strategic planning. Strategic Planning Workshop Foster Raffan will help you to develop, review and refine the vision, strategic plans and action plans for your business. Our distinctive competence is the unique facilitation and visual mapping process that we use in a strategic planning workshop to achieve this….accelerating group communication and outcomes and unlocking the power of collective thinking….resulting in group buy in and commitment to implement. Where appropriate, outside experts/consultants can participate in the workshop….for example where input from a marketing consultant will be helpful. Post-Planning Implementation Coaching Following the strategic planning workshop, Foster Raffan will help you with the most important process of implementing the strategic plan….something that many businesses do not or cannot do....by coaching individuals/teams charged with the responsibility of implementing specific action plans….including facilitating mini workshops aimed at working out how to best carry out each part of the action plan. Marketing Either as another lead in to the strategic planning workshop or, after the workshop, as a part of implementing the strategic plan, Foster Raffan can introduce you to a marketing consultant who will:
As part of your overall wealth creation planning, you will need to either:
It is often not appropriate to address this issue at the strategic planning workshop for the business because of the participation of staff in that. Foster Raffan has significant experience in this area and will work with you to develop a suitable, achievable succession plan or exit strategy….either before or after the strategic planning workshop, whichever is appropriate. Financial Management - What Foster Raffan Will Do To Help Your Business Not as interesting or exciting as strategic planning (unless you are an accountant!), but just as important - good financial management will give you:
Foster Raffan will help you to manage the finances of the business really well by:
A vision
and strategic plan for your business may be the most important part of
your wealth creation strategy. But don’t spend so much time working on
and in the business that you leave no time for the other parts. Foster
Raffan will help you to create and keep wealth through investment.
Last,
but not least…..
Control
your biggest expense – tax! Foster Raffan provides one-off tax planning
and structuring advice as well as regular tax planning reviews and advice
when required to ensure that your business and other assets are held in
the most tax efficient way, taking into account other issues that may be
important to you, like asset protection. This is in addition to the traditional
accountant’s role of helping you to comply with the so-called “simplified
taxation system”.
Whom
to Contact
George
Raffan
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