How to Prepare a Business Plan
eBook - ePub

How to Prepare a Business Plan

Your Guide to Creating an Excellent Strategy, Forecasting Your Finances and Producing a Persuasive Plan

Edward Blackwell

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

How to Prepare a Business Plan

Your Guide to Creating an Excellent Strategy, Forecasting Your Finances and Producing a Persuasive Plan

Edward Blackwell

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About This Book

An excellent business plan impresses financial backers, provides a clear blueprint for the future of your company and functions as a benchmark against which to measure future growth. How to Prepare a Business Plan explains the process of creating an excellent business plan in an engaging and accessible way. It includes essential coverage of producing cash flow forecasts, planning a business expansion, planning your borrowing and monitoring business progress. Global case studies containing real business plans provide inspiration and real-life practical insight by analyzing the plans, monitoring the business' progress and discussing their problems. Sample business plans also show you the process in action and provide useful examples for creating your own. How to Prepare a Business Plan helps new business owners to consider what they really want out of their business, and to map their own journey and gain a new understanding of their product's place in the market, as well as writing a business plan with the clarity, brevity and logic to keep bank managers interested and convinced. Whether looking to start up or expand, this practical advice will help anyone to prepare a plan that is tailored to the requirements of their business - one that will get the financial backing they need.

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Information

Publisher
Kogan Page
Year
2017
ISBN
9780749481117
Edition
6

03

The very small business

If you want to set up a business yourself or go into partnership with a friend, you may wonder why you should go to the trouble of writing a formal business plan. Why not just fill in the bank’s own cash flow form and explain all else at an interview?
There are two good reasons why you should write out a proper plan: first, as pointed out in Chapter 1, because it will help you to understand your business and its problems better; and second, because of the nature of bank procedures.
It may be that your bank manager is a friendly type who really wants to...

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