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How do you plan a business plan?

Answer:

You should write your business plan with a strong aim in mind - are you trying to get funding? do you need to get investors on board or is it just a plan for your to follow to keep your business start up on track. Once you know the aim you can write the plan with a focus on what your audience needs to know.

So if you were writing the plan to get funding you would want to emphasise how the business would be financially viable and have the ability to pay off any funding in the future.

If you were writing it for yourself you would want to include step by step plans on how you are going to set up the business and grow it into a stable income.

A basic business plan should include the following sections;

Executive Summary
Mission Statement
Market Research
SWOT Analysis
Your product/service
Your Suppliers
Your Staff
Your Premises
Marketing Plan
Legal Aspects

Financial Section
Start Up Costs
Sales Forecast
Cash Flow Forecast
Profit & Loss Statement
Balance Sheet

Contributor:

Amysmith30

First answer by Amysmith30. Last edit by Jonathan Begg. Contributor trust: 149 [recommend contributor ]. Question popularity: 1 [recommend question].

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