Aphconseil > Blog > Businnes Plan > Auditing and Consulting Business Plan

Auditing and Consulting Business Plan

3 March 2023 Businnes Plan


Auditing and Consulting Business Plan


Artemide Auditing & Consulting AG (“Artemide AC”) is currently in formation as an ongoing sole proprietorship operated by Sandor Artemide AC. The company is a spinoff von Daten Riffwald–Ennetmoos AG. 25% of the participation will be shared between Artemide AC AC and Daten Riffwald Ennetmoos. This plan is written as a guide for continuing and managing the business under the new company, and will also serve as the basis for marketing proposals. Artemide AC is focused on two things: To generate profit and to grow at an ambitious and manageable pace.

Artemide AC’s mission it to provide high-quality, reliable services in consulting and auditing for small and medium businesses (SMB), individuals as well other organizations.

Artemide AC has found success by being visible to new business leads, networking and responsiveness to other professionals, as well as quality.

Auditing will be the initial service, but other specialized areas will be offered as an option.

The goal is to concentrate the activities on specialized services such as analyses, investigations, startup, and so forth. and to become a leader in this niche in the Luzern area. The company projects growth to be ~10% of sales in the next three years.

Artemide AC’s key to success is developing visibility and new business leads, focusing on clients and quality services, as well as strong relationships.

The cooperation between Artemide AC (Data Riffwald Ennetmoos) and Artemide AC can be flexible with the aim to adjust quickly to meet market demand.

The sole proprietorship company “Sandor Artemide dipl. Wirtschaftsprufer was founded in March 1996. Within the first ten months, the company was able to generate sales of $50,000.

Artemide AC is located in Luzern in a separate office to Daten Riffwald–Ennetmoos AG. Secretary and telephone response is assumed by Daten Riffwald-Ennetmoos.

There are four major categories of competition in Switzerland’s actual fiduciary business. These are individual owners and small fiduciary or accounting offices, as well as medium fiduciary office with 6 to 25 employees. These offices can be used for general tax and financial consulting. There are also large accounting and consulting firms. These companies may employ hundreds. They operate more in the lucrative consultancy business. Banks, Assurances and other financial consultants are also new competitors in this field. Banks are actively involved in start-up consultancy, corporate finance and mergers and purchases, among others.

Artemide AC is dependent upon technology for its success. It is imperative that the company stay up-to-date on technological developments and it will be important to devote a reasonable portion of each year’s revenues toward upgrading the equipment and software used in normal operations.

Artemide AC will focus on a specific market strategy. Logical segmentation allows us to break down the market into individuals, investors, small businesses, medium businesses, large businesses, authorities and public organizations. For our further development, we consider Individual persons and Investors plus Small and Medium Businesses to be crucial.

Our business has no main competitors. Artemide AC does not have any major competitors in the large market for services. Notable is also the estimated growth rate for the general market of between 5% and 10% each year.

Over the next few years, there are three major opportunities (needs), in the fiduciary industry:

    • Bookkeeping and other services related to the operative financial management (payroll, cost-accounting, accounting for pension funds, etc. ).
    • Consulting and special mandates such as financial planning, business evaluation, merger and acquisition valuation, special audits, etc.
  • Auditing of legal documents (incl. IAS and other standard) as an independent and responsible institution.

Additionally, three market trends are the most important for our company.

  • Rapid growth in the complexity of business that requires rapid adaptation in the strategy and structures of companies.
      • Due to higher failure rates, there is more litigation.
    • The growth and expansion of outsourced financial advisory.

    Artemide AC is a dynamic company that has endless opportunities.

    We believe that our business has a chance for great success. It is essential that competitors are both generalists and experts at the same time. A primary business segment is required for fiduciary businesses of any size, small or medium. For example, if the “core” business is accounting, the other fiduciary businesses like tax, auditing, consulting must be reduced to a general level. It is important that the core business has the ability to both stay current with services and innovate, such as new Internet-related accounting services.

    Artemide AC’s competitive advantage is Sandor Artemide, who has been in consulting for more than a decade and the company&#8217’s ability to concentrate in this niche market.

    The company’s sales strategy will be based on building long-term customer relationships, which will result in repeat sales. According to the company, revenues will amount to approximately $232,000 for Year 3. The company also expects profits. The company will manage its own assets and generate profits without any debt financing. It does NOT anticipate any cash flow problems.

    Artemide AC’s majority owner, Sandor Artemide will take over strategic management functions. Brigitte Artsemide will handle customer support and market research. Because no significant increases in personnel are anticipated in the next three-years, Mr. Artemide’s managerial functions will continue throughout these years.

    1.1 Mission

    Artemide AC&#8217’s mission has been simple and clear:

    • Purpose – Artemide AC exists to provide complete, reliable and high quality services to SMBs, individuals, lawyers, and authorities. Services should provide solutions and deliver results!
    • Vision Artemide AC has become a household name in Luzern as well as the surrounding region by providing innovative services.

    Success Keys 1.2

    The keys to success at Artemide Ac are:

    • Developing visibility to generate new business leads.
    • Develop trusting, respectful and intense relationships with clients.
    • Marketing/strategy and networking with other professionals.
    • Collaboration with Daten Riffwald – Ennetmoos AG to provide general fiduciary and IT services.
    • Receptiveness to clients (fast resolution time for special needs).
    • Quality, especially in reporting information.
    • Excellence in fulfilling the promise.
    • Openness: languages and willpower for creating interregional and international contacts.

    1.3 Objectives

    These are the objectives of the business plan:

    1. Provide a written guideline for managing the business; a framework for creating a comprehensive tactical marketing strategy.
    2. This plan will not be used to secure financing.
    3. This plan provides monthly projections detailing the current plan year and yearly summaries covering the two following years.

    The objectives of Artemide Auditing & Consulting are:

    1. The overall objective is to focus the activities towards the specialized services (analyses, investigations, startups, etc.) and to become a leader in this niche in the Luzern area.
    2. Cash flow: To create enough cash flow to finance future growth or development, and to help the company achieve its other objectives.
    3. Growth &#8211 To expand the company at a pace that is both manageable and challenging, and to serve the market using innovation and adaptability. (In the next three years, growth is projected to be 10% of sales.

    Categories
    Social

    Related articles

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Nous contacter

    Laissez-nous un message, un commentaire ou une suggestion...  
    (+225) 2722497948