Financial Consultancy Business Plan

This assignment requires the development of a comprehensive business plan for a hypothetical financial consultancy firm named 'Financial Services Private Limited'. The plan focuses on establishing core competencies, utilizing an ERP system for automation, implementing effective marketing strategies, and providing a range of financial services including securitization and investment advice. It also delves into the company's structure, operational model, and target market within the Australian context.

RUNNING HEAD: Business development idea 1
Student Name-
Title- Business development idea
University Name-

Business development idea 2
Table of Contents
Introduction.................................................................................................................................................3
Developed business plan.............................................................................................................................4
Structured program of incorporating Financial consultancy services private limited..................................6
Business model of Financial services private limited...................................................................................6
Creating core competency in providing Financial private limited company............................................7
References...................................................................................................................................................8

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Introduction
This report reflects the business idea and strategic plans which should be undertaken by
entrepreneurs. It is considered that there are several internal and external factors which are
considered by entrepreneurs while starting up new business in Australia such as capital
requirement, micro and macro factors and growth of new business industry. This report reflects
how well entrepreneurs could evaluate all the internal and external factors to start up new
business in Australia. In this report, the main business idea which could be undertaken by the
entrepreneurs is related to start up new Financial consultancy services business in Australia.
This financial consultancy services business in Australia is gaining momentum throughout the
time and helping new starts up to create value on their investments.

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Developed business plan
It is considered that business organizations are accompanied with the complex set of
activities in which various functions are performed with a view to create value on the invested
amount. With the ramified economic changes and increasing complexity of business,
entrepreneurs are coming up in the market with the advanced business idea and developed
strategic plan (Brigham & Gerhardt, 2013).This report reflects the financial consultancy services
business idea in Australia. It is evaluated that many big organizations are suffering from the
problems such as high cost of capital, loss of value of investment, taking effective capital
budgeting decisions and using financial tools to make investment in organization. In order to
start up new financial consultancy services business in Australia, entrepreneurs needs to
incorporate a company or LLP. The name of the company would be Financial consultancy
services private limited. This newly established company will have various main and ancillary
objects such as providing consultancy services, investment plant to invest money in mutual
funds, creating shield against foreign exchange reserve (Christensen, 2013). The main income
for Financial consultancy services private limited is related to taking financial commission from
the clients for providing financial consultancy services. Nonetheless, the effectiveness of
business functioning of financial consultancy services private limited is based on creation of
value of investment of clients in the market. If clients could create value on the invested amount
which was done on the basis of ideas and financial consultancy services provided by financial
consultancy services private limited then it will showcase that company has created value in the
market and vice-versa (Christensen, 2013). However, in order to make effective business

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functions and advancement in financial consultancy services in Australia, Financial consultancy
private limited needs to install cyber computing enterprises resources planning. This will help
company to establish automation in the business functioning and make effective financial
analysis. In addition to this, using of cyber computing enterprises resources planning in the value
chain activities of organization will help all the financial experts to gain up to date information
and effective analysis in determined approach. Financial consultancy services private limited
could use this cyber computing ERP system to pull query and updated data in determined
approach. However, this ERP system will increase the effectiveness of financial tools to provide
valuable financial services to clients (AUDRETSCH, 2014). For instance, if any company in
Australia is facing problems such as high cost of capital, loss of business value and capital
budgeting problems. Financial consultancy services private limited use financial tools such as
ratio analysis, cash flow statement analysis, DU Pont analysis and other tools to evaluate the
financial structure of other companies and possible problems they are facing in management of
their business. It is considered that if companies take financial consultancy services from
Financial consultancy services private limited then they could take effective captain budgeting
decision for selecting one project (Robb & Robinson, 2014). This level of services and adoption
of cyber computing enterprises resources planning helps company to create core competency in
providing effective financial services in Australian market (Crane & Mitten, 2016).

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Structured program of incorporating Financial consultancy services private limited
It is considered that promoters of financial consultancy services private limited needs to
invest at least AUD$ 100 million in its value chain activities. All the money invested money will
be used to install cyber computing enterprises resources planning and hiring certified public
accounts that are efficient in implementing financial analysis (Crane & Matten, 2016). These
experts after evaluating annual reports and other financial details of company could easily
evaluate the capital expenditure and investment proposal plan for organizations and investors at
large. It is considered that investors after taking proper level of financial advices and consultancy
series could avoid possible drastic loss from their investment decision. Mutual funds and other
capital market are subject to market risk. Therefore, after taking financial services and advices
from the financial consultancy services private company, investors could save themselves from
the big loss and could create value for their investment (Blank, 2013).
Business model of Financial services private limited
The business model of financial private limited company is accompanied with the ERP
system and several business parts such as top management, line manager, HR department,
functional department and matrix project department. This Matrix project management
department will indulge in taking complex investment project which could be implemented by
organization to make effective level of investment. In addition to this, financial private limited
company limited has installed ERP system to adopt automation in its business functioning and
created core competency in its business model. This level of business model will help financial
private limited company to strengthen its investment options and make effective use of resources
in determined approach.

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Creating core competency in providing financial private limited company
It is evaluated that financial consultancy services private limited could create core
competency in providing financial services in securitization business. It is evaluated that if
company enters into providing securitization business then it will not only increase the investors’
capital value but also increase the overall turnover of company. Furthermore, financial experts
hired in financial consultancy services private company could also conduct financial seminars for
clients with view to make them vigilant with the market risk and investment options. This level
of core competency could be developed by financial consultancy services private limited only
when it hire international corporate public accountants in their business functioning.
Business is accompanied with complex set of activities. If financial private limited
company wants to achieve success in market then it has to create core competency in providing
all kind of financial services. After evaluating all the present and past data of Australian market,
it could be inferred that financial consultancy services private limited needs to implement
effective marketing strategy. This company needs to hire other agent or brokers who could help
investors to make financial transactions in determined approach (Christensen, 2013).Now in the
end, it could be inferred that if company wants to grasp high market share in Australia then it has
to implement effective marketing strategy and focused business plan.

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References
AUDRETSCH, D. B. (2014). Small Business and Entrepreneurship: The Emergence of a Scholarly
Field. 20 years of Entrepreneurship Research, 49.
Blank, S. (2013). Why the lean start-up changes everything. Harvard business review, 91(5), 63-72.
Brigham, E. F., & Ehrhardt, M. C. (2013). Financial management: Theory & practice. Cengage
Learning.
Christensen, C. M. (2013). The innovator's dilemma: when new technologies cause great firms to fail.
Harvard Business Review Press
Crane, A., & Matten, D. (2016). Business ethics: Managing corporate citizenship and sustainability in
the age of globalization. Oxford University Press.
Robb, A. M., & Robinson, D. T. (2014). The capital structure decisions of new firms. The Review of
Financial Studies, 27(1), 153-179.

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