Strategic financial planning is the process of determining how a business manages itself financially to ensure it achieves its goals and objectives for both the short-term and long-term. Sound financial planning considers every aspect of a business' operations and the interwoven impact each has on the overall financial position of the company.

Strategic financial planning involves a 360º, whole picture evaluation of the company operations to create a comprehensive financial plan:

• Budget development, cost systems and management reports
• Resources required to achieve objectives (cost, type, amount)
• Working capital management (inventory, receivables, payables and cash)
• Employee structure, payroll and benefits
• Risk identification and management
• Corporate tax planning
• Succession planning

As a business owner, your personal financial affairs will be considered at the same time.

The financial components of a business plan provide the larger plan with a solid foundation. The numbers provide financial benchmarks for the operation of the company, making sure the objectives set are achievable. This provides measurement points by which management can determine progress is on track. A sound financial plan also helps to set performance targets for the organization, and provides a framework for rewarding staff.

The first step is to contact a Roche Financial Planners. We will set up an exploratory meeting to understand your business and learn about your objectives. During this meeting, we will jointly determine how Roche can help you achieve your objectives.

Following that, we will prepare a plan and provide cost estimates for the project.