{"id":10985,"date":"2023-03-08T09:40:21","date_gmt":"2023-03-08T14:40:21","guid":{"rendered":"https:\/\/craftbreweryfinance.com\/oldversion\/?p=10985"},"modified":"2023-03-08T09:40:21","modified_gmt":"2023-03-08T14:40:21","slug":"research-study-companies-with-a-financial-plan-grow-30-faster","status":"publish","type":"post","link":"https:\/\/craftbreweryfinance.com\/oldversion\/research-study-companies-with-a-financial-plan-grow-30-faster\/","title":{"rendered":"Research Study: Companies With a Financial Plan Grow 30% Faster"},"content":{"rendered":"<p>A study from the Journal of Business Venturing shows that\u00a0<strong>companies with a financial plan in place grow 30% faster<\/strong>\u00a0than those that don&#8217;t plan.<\/p>\n<p>Another study from Small Business Economics shows that, &#8220;&#8230;entrepreneurs that take the time to create a plan for their business idea are\u00a0<strong>152 percent more likely to start their business<\/strong>.&#8221;<\/p>\n<p>Financial planning provides a huge advantage for both existing businesses and those in the planning stages.<\/p>\n<p><strong>Now is the time to build your brewery financial plan<\/strong><\/p>\n<p>I want to work with you, one on one, to\u00a0<a href=\"https:\/\/craftbreweryfinance.com\/oldversion\/downloads\/cfo-in-a-box-1-on-1-financial-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>build your plan<\/strong><\/a>. We&#8217;ll do it together. And we&#8217;ll get it done in 4 weeks.<\/p>\n<p><strong>Here\u2019s how it works:<\/strong><\/p>\n<p>1-hour calls, once a week for 4-weeks to walk through budget preparation<\/p>\n<p>The call can be done via Zoom so we can screen share, and will cover any questions you have on the budget process<\/p>\n<p>After each call, I create customized videos to help with your financial plan this year (and will serve as a reference that you can use in years to come)<\/p>\n<p>At the conclusion of the 4-weeks, you will have a completed financial plan, ready to use in your beer business<\/p>\n<p><strong>Frequently Asked Questions:<\/strong><\/p>\n<p>Q: Can I invite other members of my management team to the zoom meetings?<\/p>\n<p>A: Yes. Typically, the meetings will include one or two other key managers. But you are free to invite as many (or as few) of your team as you like.<\/p>\n<p>Q: Do you provide templates or models to help us build out the budget?<\/p>\n<p>A: Yes, we will go over the models for the sales, margins, and operating expenses.<\/p>\n<p>Q: How much time will this take for us to complete the budget?<\/p>\n<p>A: We\u2019ll meet once a week, for an hour each time, for four weeks. So, plan on four hours of meeting time.<\/p>\n<p>At the end of each meeting, there will be \u2018homework\u2019 for each of us to do in advance of our next meeting.<\/p>\n<p>This may involve following up on open questions or gathering more data needed for the financial plan. Time will vary, but plan on at least a couple of hours each week outside of our meeting times.<\/p>\n<p>Q: What if I have other questions about this 1-on-1 service?<\/p>\n<p>A: Email me,\u00a0Kary@BeerBusinessFinance.com\u00a0or book a 15-minute meeting on my\u00a0<a href=\"https:\/\/calendly.com\/kshumway\/15min\" target=\"_blank\" rel=\"noopener noreferrer\">calendar<\/a>.<\/p>\n<p><strong>Customer Testimonial<\/strong><\/p>\n<p><em>&#8220;Kary was an absolute pleasure to work with and I plan to continue collaborating with him as our brewery grows. His deep finance experience coupled with his vast industry knowledge makes him the perfect partner to work with.&#8221;<\/em>\u00a0-Matthew Forrest, Chief Financial Officer, Party Beer Co.<\/p>\n<p>Don\u2019t leave your financial planning to chance, sign up below to build your financial plan today.<\/p>\n<p>Yours in Financial Planning,<\/p>\n<p>Kary<\/p>\n<p><strong>p.s. Learn more about how you can have a\u00a0<\/strong><a href=\"https:\/\/craftbreweryfinance.com\/oldversion\/downloads\/cfo-in-a-box-1-on-1-financial-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>completed financial plan<\/strong><\/a><strong>\u00a0to grow your business.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A study from the Journal of Business Venturing shows that\u00a0companies with a financial plan in place grow 30% faster\u00a0than those that don&#8217;t plan. Another study from Small Business Economics shows that, &#8220;&#8230;entrepreneurs that take the time to create a plan for their business idea are\u00a0152 percent more likely to start their business.&#8221; Financial planning provides [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10984,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[63],"tags":[],"class_list":["post-10985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/10985"}],"collection":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/comments?post=10985"}],"version-history":[{"count":0,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/posts\/10985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media\/10984"}],"wp:attachment":[{"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/media?parent=10985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/categories?post=10985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/craftbreweryfinance.com\/oldversion\/wp-json\/wp\/v2\/tags?post=10985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}