Expert with best answer


100% Recommendation Rate

293 Meetings

1,746 Q&A Upvotes

USD 319 / Coaching

Business plan review

W asked on Jan 16, 2019

I will join an interview for a management consulting frim mainly providing consulting for PE houses. One of the major acitivities they do is providing business plan reviews. As I don't have much background knowledge about PE advisory, can anyone let me know, what does reviewing business plans mean?


1 answer

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
replied on Jan 16, 2019
McKinsey Engagement Manager & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 90+ candidates secure MBB offers
Book a coaching with Sidi

100% Recommendation Rate

293 Meetings

1,746 Q&A Upvotes

USD 319 / Coaching


A business plan is a critical tool to carve out a roadmap for launching and running businesses. Reviewing the business plan and updating it regularly gives Management a chance to monitor progress and take corrective action if things aren't going to plan.

A business plan should be continually monitored to make sure that the business objectives are achieve. This mainly encompasses:

  • assessing progress to date
  • analyzing the most promising ways to further develop the business

The process of reviewing and analysing your business plan is called the business plan cycle. Depending on the type of business, this process can typically be:

  • continuous - with the plan regularly updated and monitored
  • annual - with the plan broken down into four quarterly operating plans

Sales driven businesses sometimes use a monthly operating plan, and weekly targets and reviews if needed.

Especially in the context of a (potential) acquisition, reviewing the business plan of the target is a crucial element of the wider commercial due diligence.

Cheers, Sidi

Related case(s)

PE Portfolio Strategy

Solved 4.2k times
4.1 5 317
| Rating: (4.1 / 5.0)

We are a private equity firm operating primarily in the automotive industry. We would like you to figure out whether we should increase our portfolio in the sensor market or not. We would like you to do a profit/margin growth potential analysis and tell us how we can add value to this company given ... Open whole case