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HannaGo: financial planning finally within everyone's reach!

3 min

One of the steps a budding entrepreneur must take before launching their business is creating a business plan or financial plan. How can you overcome this challenge without losing too much time and money? Éline and Martin Grégoire explain why their online solution HannaGo is the right tool for aspiring entrepreneurs.

"A financial plan is a legal requirement if you want to set up a company and essential for convincing bankers, investors or partners," explains Éline, head of marketing at Hanna Solutions. "But it's also a vital way of ensuring that a project is viable. Too many self-employed individuals invest body and soul in their business without even managing to pay themselves a wage, and some even make losses. Often, it’s because they launched their business without sufficiently analysing the financial aspects of their future business: for example, they might have set their prices too low for them to achieve breakeven."

Take control of your financial planning

Martin, head of commercial development at Hanna Solutions, adds: "If people leading a project aren’t comfortable with numbers, HannaGo is an easy way for them to take control of these fundamental financial challenges and give meaning to their financial plan. It’s something that must be done before launching a business, and not just to meet legal requirements. HannaGo is also very useful for people starting other projects, for example installing a new sales counter in a store."

How does HannaGo work?

Martin: "Wages, investments, financing, product and service prices, fixed costs... The user answers simple but structured questions on our online platform, covering all financial topics. The tool will provide an analysis of the project's profitability, and therefore its viability, by testing several scenarios. HannaGo will then create the financial plan, with a balance sheet and forecast income statements. And if necessary, it can make adjustments needed to refine the business strategy in terms of prices, concept etc."

Intuitive, reliable and accurate

Another advantage is that HannaGo is both simple and accurate. "Everything is designed to ensure that things flow as smoothly as possible. For example, there’s an explanatory video on each screen, automated calculations – including for payroll costs and VAT – and the tool provides a visual presentation of the results that’s easily understandable,", adds Éline. "While the tool is very intuitive, it’s also highly rigorous: the financial plan created with HannaGo complies with all legal requirements of the Belgian Code on Companies and Associations."

Easier and cheaper

"Creating your financial plan with HannaGo is easier than with Excel, which is a tool that puts many aspiring entrepreneurs off. It's also cheaper than an accountant: the free version already allows you to analyse the profitability of a project. And with the full subscription, you can create a complete financial plan from €40.50 per month or €240 per year," concludes Éline.

 Would you like to create a financial plan quickly and easily with HannaGo? As a BNP Paribas Fortis starter customer, you benefit from an exclusive 15% discount on your subscription using the code BNPPF. Find out more here!

HannaGo – Hanna Solutions srl, 107 Boulevard Emile de Laveleye, 4020 Liège, Belgium – VAT BE 0440.336.052 - RPM Liège