Strategic Business Planning
Strategic Business Planning is a series of logical and creative steps to identify the long-term business objectives ranked by importance. Simply put, it’s a roadmap to grow and optimize your business.
Strategic Business planning is essential for a construction company’s long-term growth and success. Business plans provide companies with the tools to track growth, establish budgets and prepare for unforeseen changes in the marketplace. A strategic plan includes many elements a business can utilize to attract financing and manage company objectives. Construction businesses must clearly define the company’s goals and conduct research to properly understand industry trends for optimal results.
The goals of strategic business planning
Increase performance & profitability
Drive long-term growth and sustainability
Gain clarity and agreement across the organization
Design and implement best practices
Roadmap for driving your business forward
SMART goals (Specific, Measurable, Achievable, Realistic, Time-bound)
Risk identification and mitigation strategies
Develop new ideas and how to put into action
Ascent utilizes the proven SWOT methodology (Strengths, Weaknesses, Opportunities, and Threats) when helping clients develop their Strategic Business Plans.
Strengths and Weaknesses are internal to your company—things that you have some control over and can change. Examples include who is on your team, your software and tools, and your location.
Opportunities and Threats are external—things that are going on outside your company, in the larger market. You can take advantage of opportunities and protect against threats, but you can’t change them. Examples include competitors, price of materials, and available project opportunities.
We charge a fixed fee for this service, based on the size of your company.
Starting at $50,000
We will apply 20% of this fee as a credit towards the execution of future resulting projects (within 3 months).
