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Prepare a business plan

Introduction

It is essential to have a realistic, working business plan when you're starting up a business.
 
A business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts. It has many functions, from securing external funding to measuring success within your business.

This guide will show you how to prepare a high-quality plan using a number of easy-to-follow steps.

Subjects covered in this guide

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Prepare a business plan

 

Current section

Introduction

 

The audience for your business plan

 

What the plan should include

 

The executive summary

 

Your business, its products and services

 

Your markets and competitors

 

Marketing and sales

 

Your team's skills

 

Your operations

 

Financial forecasts

 

Presenting your business plan

 

Here's how having an up-to-date business plan helped my business