Customized Business Plans

for a variety of needs

Bootstrapping
Angel Investments
Crowdfunding - Grant Programs
Pre-Seed Funding with Family & Friends
Seed Round Funding - Series A & B Round Funding
Debt Financing Through Banking Institutions
Strategic Planning & Sustained Growth
Viability Analysis

Helping Entrepreneurs In Detroit & Beyond For Three Decades

Start Up Assistance

Find Out In Five Minutes If Your Business Is Positioned For Success!

Is a Lack Of Business Knowledge Holding
You Back From Planning a Successful Future?

Yes.  No.  Unsure? 

Take this short quiz to find out...

How often do you use your cut a personal check to cover business expenses?

1-10.png

Never

Regularly

How often do you use your personal credit card to finance your business?

1-10.png

Never

Regularly

How has owning a business effected your timelines for being able to retire?

1-10.png

I Could Retire  Then Expected

Retirement Has Been Pushed Back

Is a Lack Of Business Knowledge Holding
You Back From Planning a Successful Future?

Yes?  No?  Not Certain?  Take this short quiz to help you clarify your current situation.

How often do you use personal savings to fund your business?

1-10.png

Never.  Good Cash Flow.

Often.  Please  Don't Tell My Partner.

How has owning a business effected your ability to retire?

1-10.png

Great - I Could Retire Earlier

Ughh - Definitely Getting Pushed Back

What is your regular experience with making payroll?

1-10.png

Auto-Pilot & No Worries

I Dread Payroll - Typically Worried I'll Cover

How has owning a business effected your ability to vacation?

1-10.png

Party On!  Need More Sunscreen

What's a Vacation?

How often do you utilize financial statements to make decision?

1-10.png

Often - Love Objective Data

I Save Most Of My Receipts?

 Does That Count?

How often do personal credit cards help finance the business?

1-10.png

Never

Regularly

How has owning a business effected your partner?

1-10.png

Never Happier

Not Well - Tons of Stress & Anxiety

What is your current ability to hire new talent?

1-10.png

We Hire As Needed

Can't Afford to Hire The Right People

Rate your ability to accurately project cash flow?

1-10.png

Genius

My Talent Lies Elsewhere 

How many months of cash reserves do your current have?

1-10.png

6+

LOL

How'd You Do?  Add Up Your Score To Find Out.

2021-1115_QuizScale_1.png
 

Why The Practical Business Group Is A Great Option!

Landscape_MountainTheme_WF_HoldingMap_edited.jpg

Choice

Your plans for the future are unique.
Your challenges are unique.
Your business is unique.
You are unique.

Why shouldn't your choice of business plans be unique too?  Short answer - it should.  We have a variety of options for a variety of needs built to meet a variety of budgets.  From analyzing a business opportunity to crafting a superior strategic plan that will take you to retirement, The Practical Business Group has you covered with options that fit...well...YOU!

The%25252520girl%25252520at%25252520mountain%25252520top_edited_edited_edited_edited.jpg

Perspective

Is your objective the top of the mountain?  Then you need a plan to get you the whole way there.  From the base to the summit, the challenges associated with mountain climbing is in a constant state of change.  Success on the first leg mean very little if you are ill-prepared to navigate what comes next.  
 
Business is very similar.  If your ultimate objective is financial stability and peace of mind, having a limited view of the future isn't gonna get you there.   Let us help with comprehensive planning that take you from next quarter to regularly enjoying adult beverage on a beach!

Male climber on overhanging rock against beautiful view of coast below.jpg

Experience

Hanging upside down hundreds of feet in the air is not a good time to realize you're a marginal rock climber.  Don't get stuck hanging around.  We have been helping businesses for decades with the support they want to generate the plans they need.  Plans that address third part submission requirements, propel profitable growth, provide navigational support, help steer you clear of danger & fostering awareness to side-step avoidable risk.  Experience can come through painful & expensive mistakes or solid partnerships with companies that can help you succeed.  Pick the later.  Pick The Practical Business Group!   

Portrait%252520of%252520young%252520man%252520standing%252520at%252520the%252520counter%25

Putting Together Solid
Business Plans Can Seem
Intimidating!

But not having the ability to produce
an effective plan can result in 
financing failures, external rejection, poor margins, legal
risk and stagnated growth

There's an Easier Way!!!

EasierButton.png

Got Some Questions?

Got Some Questions?

You Don't Know My Business - How Could You Possibly Help?

There are three undeniable truths that apply to virtually every enterprise.  First, the principal function of business is to  add value to a customers life through the sale of products and services.   Second, for a business to survive, it must provide this value at a profitable level.  Third, both of the above statements are fueled by strategic planning made up of universal business fundamentals. 

No sane entrepreneur will tell you that running a business is anywhere close to easy - but surprisingly, the formula for business success actually is pretty simple.  The more fundamentals one uses correctly the better the strategic planning and, in turn, the more successful the business. There's really not too much middle ground, regardless of industry, either you have the right business fundamentals planned and working for you or your don't. 

Superior planning with time-proven fundamentals is where we excel - regardless of the business or the industry!   

Are You a "Vampire Consultant" That Feeds On My Cash Forever?

Categorically No!  In fact, we routinely have holy water, garlic and wooden stakes at the ready.  But to be clear, when it comes to pricing, we take the risk!  A lot of consultants will charge you an hourly rate that sounds low in the beginning, but thirty, forty, fifty hours later...you may or may not have the solutions you need, but you definitely will have the invoices.  In contrast, we charge by the service, give you an idea of exactly what your going to get and the expected timeline of when you are going to get it.  Unless the scope changes, you will never pay for anything extra regardless of any challenges on our end.  

How Could Business Planning Improve My Bottom Line?

What do you consider a good bottom line?  Would you be happy with a 10% margin?  Would you be happier with 12%?  We believe that with enhanced knowledge, solid planning, focused implementation and diligent monitoring you begin to see where improvement is possible.  Avenues you never imagined start to open - avenues that lead to better performance, greater customer satisfaction, less risk and ultimately improved profitability and growth. 

How Could Business Planning Improve My Work-Life Balance?

Strategic Planning help you work smarter - not harder.  Planning better systems, better controls and better workflows typically lead to less micro-management as well as the simultaneous improvement in the quality of your products & service.  Effort spent promoting superior systems beats inefficient effort every time.  We truly believe one of the most important objectives any business owner can have is to work towards eliminating themselves from the daily mix of operations.  Your business is a means to a better life - not the ends.  We can help you get there.

What's It Like Working With The Practical Business Group?

Every experience is unique because every client is unique.  That being said, there is a lot of consistency in our general approach.  For example, you will always know the scope, understand the deliverables, have a projected schedule, fixed pricing and no surprises! 

220 South Main Street - Suite 232    Royal Oak, Michigan   48067     248-791-9296

  • LinkedIn