Strategic Business Partnerships

Business Planning and Development: An Overview

Business planning and development is a critical process that lays the foundation for successful ventures. It encompasses various essential activities, including preparing feasibility reports, creating financial projections, and facilitating access to finance for borrowers. Additionally, it plays a vital role in assisting banks and financial institutions with monitoring aspects, ensuring that both lenders and borrowers are aligned in their objectives.

A feasibility study is a comprehensive analysis that evaluates the viability of a business idea or project. It assesses market conditions, operational requirements, and potential challenges, providing stakeholders with a clear understanding of the project's prospects. Coupled with financial projections, which outline expected revenues, expenses, and profitability, these documents serve as crucial tools for decision-making. They help entrepreneurs gauge the potential return on investment and attract investors or lenders by demonstrating a well-thought- out plan.

Consultants play a pivotal role in helping borrowers navigate the complex landscape of financing options. They assist in identifying suitable funding sources, preparing loan applications, and presenting business cases to financial institutions. By leveraging their expertise, consultants can significantly enhance a borrower's chances of securing the necessary funds, ultimately leading to a smoother financial process.

On the flip side, consultants also provide valuable support to banks and financial institutions. They help in monitoring borrowers' financial health and compliance with loan agreements, ensuring that risks are managed effectively. This oversight not only protects the lender's interests but also fosters a healthier relationship between borrowers and lenders, promoting transparency and trust.

Engaging a skilled consultant can save borrowers valuable time and streamline the financial closure process. Their expertise allows for timely identification of potential issues and the implementation of solutions, ensuring that businesses can focus on their core operations without unnecessary delays. Moreover, a good consultant acts as a bridge between borrowers and financial institutions, facilitating communication and understanding, which is crucial for timely execution of business plans.

In Dolma, we help borrowers and financial institutions to achieve their goals on above aspects seamlessly. Furthermore, we are also in a position to help financial institutions in developing analytical tools in package for Credit Process Optimization which will bring about efficiency and change. We are working closely with our foreign partners to develop such systems which are beneficial to all financial institutions.