Business Plan

Why is a business plan of such central importance in a business? Why is it so controversial? Why do some people seek to downplay its importance?   Every single activity, from one day’s work to longer-term projects, requires planning, investigation and analysis. A business plan is a valuable tool, required both for small and medium-sized

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Payroll Services

In the diverse world of business, some companies find it difficult to manage all of the many functions required to run their businesses. Wouldn’t it help you to relay on a trusted and accessible business partner to handle your payroll? Allow us to take care of your payroll needs – from issuing the payroll checks

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Tax Planning & Services

Have you ever had any tax surprises? Penalties? Audits? We know how difficult dealing with taxes is, which is why we’re here to help you have tax peace of mind all year-round. Our highly experienced company is committed to providing you with superior quality services at affordable prices, plus you get all the benefits you’d

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Administrative Assistance
Administrative Assistance Accurate and timely accounting information is a necessity for any successful business. ADMANCO can assist you on either a temporary or on-going basis. We truly care about our clients and strive to form lasting relationships with each of them - providing beneficial information, access to a wealth of resources in order to serve read more
Business Consultancy

Admanco N.V. Business Counseling Services: Good ideas and the right decisions at the right time – these are the keys to business success. Let our seasoned business advisors assist you in identifying, analyzing, and developing alternate solutions. Take advantage of all the resources a national firm has to offer with advice from an advisor in

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Strategic Planning

We work with our clients and do a deep analysis of their business. We help prepare possible outcomes to different decisions.

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Three Mistakes to Avoid

1. Ignore The Needs of Your Readers

Not only should you know what your intended readers will look for in your business plan, but you should write with their specific needs in mind. This does not mean subverting the intention of your business or inflating your projections, but to keep in mind the questions they will ask.

2. Write First, Ask Questions Later

By setting pen to paper to write section after section of your plan before you have crafted an overall strategy for your business, you are putting the cart before the horse. There are key strategic questions to ask yourself before writing out any plan. For example, why your management team is well qualified to launch the business, how you will make operations more efficient over time, how much you can plan to scale up the business in the first years of operation, and what industry best practices you will make use of. Writing sections of the plan before thinking deeply about these questions can lead to time-wasting rewrites down the road.

3. Be Everything to Everyone

Plans which describe a vast customer target market and the need to have a huge list of offerings may seem attractive due to the large potential sales. However, launching a new business with this strategy is extremely difficult. Selling a specific product line to specific market segments shows readers that you have surveyed the possibilities and made key decisions as to where your products can have the greatest impact. Readers like to see that your decisiveness as a manager rather than a plan that can be considered vague in its direction.