Case Study

Business Planning to Support Manufacturing Expansion Projects

Introduction

Several manufacturing clients (ranging from timber production, to modular housing, to battery manufacturing to wine production) were planning to expand their operations to capitalise on market opportunities. To ensure success, they required robust business plans to assure internal stakeholders and provide credible evidence for major funding submissions.

Situation

Each business faced unique expansion opportunities but needed clear and comprehensive business plans to demonstrate the viability of their projects. These plans would also play a critical role in securing external funding to support their growth initiatives.

Solution

BlueSalt Consulting worked closely with each business to scope out their expansion project intentions and craft professional, detailed business plans. These plans illustrated the viability of their propositions and highlighted the level of strategic planning invested in ensuring their success.

The tailored approach included:

Identifying risks and opportunities associated with each project.
Providing comprehensive financial details and strategic frameworks to guide internal decision-making.
Delivering clear and credible evidence to support funding submissions.

Outcome

The business plans played a key role in supporting successful funding applications across multiple projects:

Magellan Power secured $4.4M from the Investment Attraction Fund.
Mortlock Timbers secured $470K from the Native Forest Transition Fund.
Stella Bella Wines secured $750K from the Value Add Investment Grant Program.
Evoke Living Homes secured $200K from the RED Grant Fund.

In addition to supporting external funding applications, the plans provided each business with a solid foundation for internal decision-making and accountability, positioning them for sustainable growth and success.