business plan

BUSINESS PLAN: - A report describing the marketing strategy, operational issues and financial implications of a business start-up.

• details about the business
• details/personal info about everyone involved in the business(owners, managers & staff)
• objectives
• marketing plan
• production plan
• fixed assets details
• sales & cash flow forecast fr the next 2-3 years
• details of finance and collateral
• breif account of long-term forecasts and plans
• SWOT analysis

• Clarifies objectives
• Identifies SWOT analysis
• Valuable tool in running the business
• Can persuade lenders to invest capital in the business
• Makes owners aware how to acheive the objectives

• Government funded Business Link
• Financial>> accountants and bank magaers
• Locally>> local trade associations & local enterprise agencies
• Chambers of commerce
• 50+PRIME
• 18-30 prince's Trust
• Individual advisers (which specialise in small businesses)