Business Plan Services
When launching a cannabis operation, your cultivation, manufacturing or extraction facility, or dispensary business plan is the key to your success. From securing investors to projecting revenues and profitability, your business plan paves the way for all of the success you’ve been envisioning – when done right.
Higher Yields Consulting has been building successful business plans for cannabis businesses based on decades of industry expertise and modeling since 2008.
YOUR ROADMAP TO SUCCESS:
FROM CONCEPT TO OPERATIONAL EXCELLENCE
Investors don’t just seek out financial opportunities based on numbers; they make decisions based on people, as well. Tell your story and secure that deeper connection that will make your business memorable and irresistible to investors.
It’s not enough to explain the anticipated growth of the cannabis industry as a whole. Rather, you need to go into great detail about your business, specifically, including what you’re doing, what you’re selling, and what you anticipate your profit margins to look like.
Why now? Many cannabusiness owners jump into their business idea out of passion and excitement without thinking of the context of the market they’re entering. Consider how your business idea fits into the market as it exists now and how the market is expected to grow over the next 5 to 10 years.
Just as important as the “why now?” question is the “why there?” question. Location plays an important role in the success of a cannabis business, whether we’re referring to a dispensary that relies on foot traffic, a cultivation that relies on weather and resources, or a manufacturing or extraction facility that relies on transportation routes.
Perhaps the most important part of your cultivation, manufacturing or dispensary business plan is the reason behind your choices. Why are you selling this particular product? Why are you doing things in your unique way? And why will your business outlast the rest?
At Higher Yields Consulting, we take a collaborative approach to helping you create a successful, complete, and compelling cultivation, manufacturing or dispensary business plan by walking you through each of these areas and adding our industry knowledge, expertise, and recommendations every step of the way.
Budget, Timelines & Resources for Your Cultivation, Manufacturing or Dispensary Business Plan
At Higher Yields Consulting, we believe in the people-first approach, which is why we develop each cultivation, manufacturing or dispensary business plan with the Who, What, When, Where, and Why model.
However, no cultivation, manufacturing or dispensary business plan is complete without proper financial modeling.
Investors are looking for key details, such as:
- How much seed capital is needed to get the business operational
- Your projected revenue over the next 5-7 years
- Plans for your next 3 years to facilitate your projected revenue goals
Higher Yields Consulting has been working with investors in the cannabis industry since 2008 and knows which details and accuracy ratings secure deals. If your initial budgets or timeline projections are off, you risk losing credibility and the confidence of those who have shown interest in your business.
We help you understand your capital options and provide recommendations for securing the funding you need to enter the market successfully. Then, we further solidify your success by developing context for your business, a go-to-market strategy, and testing the strategy with financial modeling to ensure your projections are accurate and achievable.
Get Your Own
Unique Cultivation, Manufacturing or Dispensary Business Plan
Get your complete business plan and hit the market with your strongest foot forward.
Your Passion Is Our Passion. Your Goal Is Our Goal.
At Higher Yields Consulting, not only will we help you craft a winning business plan, but also we’ll give you every leg up we can by preparing you for pitches to and conversations with investors.
We support our clients with fully designed PDF business plans, team bio development, compelling mission and values statements, and more.
Once your cultivation, manufacturing or dispensary business plan is complete, we will also support you toward your goals with our expert feasibility studies, design-build services, and operational excellence.