Financial and investment planning
A crystal ball to find out whether your planning will pay off: You are buying another firm, want to buy a CNC milling machine, are setting up a new location in Belgium or are developing software for Big Data analysis. If you are planning something like this, you need financial and investment planning. If it’s your first investment, then we’re talking about a business plan. Everything is prepared with commercial caution, we are rather conservative. Time horizon – usually 6 to 11 years, until the first major investments are written off or the first loan is repaid. We know of failed ventures and those that really paid off, but also those where simply hard work, a bit of fortune and down-to-earthness lead to success. Every project is unique, it’s true, but we have probably planned a project similar to yours before. Everyone involved benefits from this wealth of experience.
What is financial and investment planning?
A careful presentation of all the fundamentals that lead to costs and revenues today and in the future, based on investments that are to be financed somehow – and he plan says exactly how. The addressees are the financial institution, shareholders and management. A closer relative is the business plan, which contains the financial and investment plan and also comprehensively addresses the business idea, competition, market environment, suppliers, customers and special features of your products or services. At the end, there is a clear statement that the debt service can be guaranteed and that, in the best case, reserves are still available to weather a downturn or unforeseen events. Until this is clear, the planning is not finished.
How do I save money?
Two or three tips on this: Firstly, the legal form is important – if the investment project produces high losses in the first few years, a partnership may be the best possible choice so that the partners receive tax credits along the way. The situation is quite different if an exit is considered after 4 or 5 years. Secondly, there are support programs in the form of equity support guarantees, lost grants or low-interest loans (the latter is not so relevant at the moment) from the state-owned development banks. To this end, we either approach the development banks directly or do so via the house bank. And thirdly – it is not so much about saving money at this point. We think it is much more important that the plan is plausible, well-founded and comprehensible, and ideally that it is implemented in this or a similar way.
What Steu-Dat can do for you?
We take your idea and ask you for all the details that you have already worked out. Once the project has been comprehensively considered, we complete the tax and liquidity planning. We can also work out the planning with you from scratch or present you with a draft that takes key data from you and is based on knowledge of numerous business models that are as similar as your industry theme. We have planning formats with excel sheets and explanatory letters that are easy to understand for lenders, shareholders and for you as an investor. Our contribution also lies in thinking about the finances that you don’t first associate with investment: Building up inventory and receivables, which also need to be financed. Private livelihoods that need to be secured even if reality lags behind the plan. In the end, there is a plan, which is our common plan.
Further services
A tax consultant is a real sparring partner, responsible and good for a open word.
Company purchase and sale
As a rule, you only sell your own business once. Taking over a market competitor can be part of the strategy or a happy coincidence. We plan and structure the process with you, even across borders, and actively participate in its implementation.
Digital tax consultancy
Digital in/out client portal, digital transfer of your documents to us for accounting, financial statements and tax returns, digital payroll office – we are not the first, not the fastest with this service, but we are continuously expanding it. We can install these interfaces with you and use them in the daily battle.
Companies in crisis
A major topic, so here are just a few key words: early warning system, underbalance, balance sheet over-indebtedness, profit participation capital, mezzanine capital, restructuring under self-administration, imminent insolvency, IdW S 6, IdW S 11, illiquidity, discussions with banks, filing for insolvency – we go this way together with you and your partner.
Your contact persons
Uwe Goebel
Managing director, tax consultant, lic. oec HSG
Stefanie Hülsmann
Managing director, tax consultant, business graduate (FH)