Your Guide to Writing a Business Plan
A business plan is a written document that gives an outline of your business. It should cover the objectives, strategies, sales, marketing, and financial forecasts.
Business plans help to:
- Develop and refine your business idea.
- Set out a strategy and action plan for several years.
- Create objectives and goals, with plans on how to achieve them.
- Identify any potential issues or gaps.
- Measure progress over time.
Furthermore, if you are looking to secure finance from investors or a bank, a business plan will be required.
Find business plan information and templates at Princes Trust.
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