Why it is problematic to have business plans drawn up by tax consultants
Creating a business plan is a crucial step for any business, but when it comes to having that plan prepared by an accountant or tax preparation agency, there are several reasons why it can be problematic.
- Limited strategic vision
Accountants often have a very limited view of the strategic scope of a planned project. They tend to focus on their financial accounting perspective and therefore cannot adequately take into account the planning levels of the company's activities. This often leads to a static and unattractive business plan that does not take into account all the important strategic aspects of the company.
- Lack of entrepreneurial mindset
Another problem is the lack of entrepreneurial thinking when tax advisors prepare business plans. They often plan backwards by deriving operational activities from financial figures, rather than starting from operational activities and then evaluating the financial impact. This approach results in the business plan not meeting the actual needs of the business and thus having no operational value for the entrepreneur.
- Lack of operational value of the business plan
Another problem is that business plans prepared by tax consultants are often very technical and complex in nature and seem more like an accounting course than a business planning document. This means that the business plan has no operational value for the entrepreneur and therefore does not function as an operational tool in the implementation of an entrepreneurial idea.
Overall, it is important to understand that business plans prepared by tax advisors often do not meet the requirements and needs of the company. A well-thought-out business plan should not only take into account financial aspects, but also adopt a holistic and entrepreneurial mindset to ensure the success of the company. If a business plan does not meet the actual requirements of the company, it cannot effectively contribute to achieving the company's goals and thus cannot provide real added value. For this reason, it is important that entrepreneurs apply a holistic and entrepreneurial mindset when preparing their business plans or consult with experts who have this mindset and understand the needs of the company.
