Business Planning
Business Planning a Partnership Approach
No matter what type of system is installed, it will need updating over the years. G1 offers a business planning service that will keep you in control of your costs.
Working together to develop a strategic plan that can encompass growth, advances in technology and wear and tear will take the guesswork out of equipment choice and budget forecasting.
Who Receives The Business Plan?
- Operations/facility/centre managers to help budget planning
- Managing agents / Group FM managers – G1 manages a number of companies within its portfolio
How Does It Work?
- Step 1 – The first PPM
All clients receive a comprehensive report on the equipment that G1 has been asked to maintain, following the initial Planned Preventative Maintenance visit.
- Step 2 – Data reviewed
All equipment is listed with its location, make and model number and, where known, its age. The estimated cost of replacement of equipment is plotted by the expected year when this will occur. GI will make recommendations on the future progression of the system, taking into account leading edge technologies, to allow the system to grow organically in a cost-efficient manner.
- Step 3 – Draft plan reviewed with client
A meeting is held to review the basic plan with interested parties. This will take into account future developments, separate cost headings, priority of works and the available technology to meet existing and future needs.
- Step 4 – Final plan agreed and reviewed
The business plan is finalised and issued to the client. G1 reviews the business plan with the client at least twice a year - one review will coincide with budget preparations.
- Step 5 – Plan reissued yearly
G1 will reissue the business plan every year, taking into account interim reviews and works carried out on the system.
Leasing
Rental, Hire Purchase or Leasing can be a cost effective method of obtaining a new system.
Systems are used for operational purposes, changing equipment costs from a capital to effectively an operational cost can be a very elegant way to fund new technology, particularly if the costs form part of a service charge that have to be agreed with your clients.
We have developed a very good relationship with several lenders to provide the most suitable plan for you.
It is absolutely essential that the finance is structured to suit your business. Below are just some of the questions that must be answered fully to determine the ideal finance package.
- Can I add additional equipment?
- Can I re-assign the lease?
- Can I own the equipment at the end of the term?
- How much will it cost to purchase the title to the equipment?
We are licensed by The Office of Fair Trading to discuss all the types of finance available.