2800 Skymark Avenue Unit 35
Mississauga ON L4W 5A6

Paving the road to success with a business plan

Business Consulting Services Mississauga ON

Paving the road to success with a business plan

Business planning and consulting can improve the decision-making process for management team and employees, and help grow a company. Recognizing this importance, the team at Miranda Professional Corporation works with organizations to develop plans that can increase their success. Our team has proudly served businesses in Ontario for more than 25 years. Because we are often asked, “Why should I prepare a business plan?” we provide this helpful explanation.

Why prepare a business plan? It is important to go through a process of quantifying the qualitative factors of your business. Writing down assumptions and challenging their relevance to the business, brings clarity and realism to day-to-day operations. Identifying key indices for the business, and recognizing existing weaknesses sets the groundwork for success. The process highlights issues which may have not been considered, providing the opportunity to mitigate them ahead of time. Plans may be prepared for either budgetary or cost control purposes, and/or for financing operations to support business expansion (capital investments and market penetration). This is essential for success at varying stages of the business life cycle, from start-ups to mature companies. Business plans are critical to the survival of any business venture and highly recommended, particularly prior to the commencement of a new business. The benefits of a business plan Among the benefits of a business plan are:

  • Creating an environment for communication and development. By performing a SWOT (strengths, weaknesses, opportunities, and threats) analysis, there is an opportunity to avoid and minimize issues.
  • Adding foresight to the business by creating an opportunity to “walk through” and visualize operations.
  • Enhancing the credibility of business objectives when presenting the business proposition to potential investors. A well-thought out business plan shows initial commitment to the business development process – resources, organization, and readiness, and conveys a message for appreciating other people’s time in the financing process.

Miranda Professional Corporation, a practice registered with Chartered Professional Accountants of Ontario, provides a variety of services to help businesses thrive. We have worked with companies ranging from small to mid-size in the Greater Toronto Area. To learn more about our business planning and consulting services, call our team at +1 855-839-4969.

Share this Article

Back to Business Planning and Consulting Page
Joseph M. Miranda, B.Comm, CPA, CMA

Joseph M. Miranda, B.Comm, CPA, CMA

Miranda Professional Corporation

Miranda Professional Corporation is committed to finding efficient and innovative solutions for all your business requirements. With over three decades of expertise in the field, they are knowledgeable in accounting, bookkeeping, taxation and managing businesses for small and medium enterprises in the Greater Toronto area.

Joseph Miranda is a qualified charted accountant and a certified management accountant with a bachelor's degree in commerce from the University of Toronto. After gaining expertise in the accounting field he advanced his passion by obtaining knowledge on information systems and developing a software application to create more efficiency in financial reporting functions.

The entire staff at Miranda Professional Corporation carries the same passion for helping people obtain the best means to manage their business and personal affairs by providing accurate knowledge to support their financial decisions.

What our clients say
Read More Reviews
Employment Opportunities

Interested Candidates please call +1 855-839-4969 for more information.

The accounting firm in Mississauga that works for your business success.
Strength in numbers starts here in Mississauga, ON.
Commitment + integrity - it all adds up at Miranda Professional Corporation.