A good business plan is a guide and management tool for an entrepreneur, a source of information for financial institutions and potential investors to make financial decisions. A well-designed and well-thought-out business plan is the basis for a successful business by providing a significant advantage over competitors.

An entrepreneur needs a business plan both – when setting up a company and when applying for financing or refinancing of existing activities (e.g. to expand, launch a new product/service or attract investors). Crises (e.g. Covid-19) influences are guiding businesses to consider state support measures, which requires both a comprehensive overview of the company’s situation as well as realistic financial projections.

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Grant Thornton Baltic specialists prepare financial projections, forecasts and budgets, as well as feasibility studies and financial analyzes. Based on your goals and objectives, we develop business plans that meet international standards.

Preparation of a business plan

Work stages

Work stages

Meaningful and concise
Meaningful and concise
Meaningful and concise
The business plan provides a meaningful overview of your operating activities, describes the strategy and action plan taking into account the specifics of your business, which also includes an analysis of opportunities and risks.
Comprehensive forecasts
Comprehensive forecasts
Comprehensive forecasts
We prepare business-, investment-, financing-, cash flow and balance sheet projections, which provide a reliable and realistic overview of the company’s plans.
Thorough analysis
Thorough analysis
Thorough analysis
We describe the measures to achieve the objectives defined in the business plan, expected demand, capital needs, investment and sales strategies, market strategies and the planned organizational restructuring.
Negotiations with potential investors
Negotiations with potential investors
Negotiations with potential investors
We advise and coordinate communication with financial institutions and/or investors.

We prepare a business plan based on the needs of your company. In addition to business and financial advisors, we also involve experienced tax and legal advisers in the working group for preparing a comprehensive and value-creating business plan. If necessary, accounting and auditing specialists also participate in the working group.

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Business plan and financial forecasts: Milrem Robotics Type X

We advised Milrem Robotics in attracting investments by preparing a business plan with financial forecasts.
The purpose of the business plan was to provide potential investors an overview of the operations of Milrem Robotics’, the concept of and capabilities of Type X, the market potential and action plan to start production. It also included balance sheet, income statement and cash flow projections prepared in collaboration with management.
Milrem Robotics Type X
Type X is a modern robotic fighting vehicle that is similar in size to current infantry fighting vehicles (i.e. CV90 infantry fighting vehicle in use in Estonia). Unlike infantry fighting vehicles, Type X is lighter, better off-road and keeps people away from the battle zone, as it is an unmanned and autonomous hybrid machine. According to the initial action plan, Type X driving tests will take place in autumn 2020.
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