Tag Archive: Business Plan

A Guide to Preparing a Business Plan

May 31, 2017 11:09 am Published by

Your Business Plan is the ‘sales document’ for you and your business. It’s preparation and presentation should project the image you want for your business. Its content should be clear, concise, to the point and divided into logical sections. As a guideline, your plan should structure broadly as follows: 1. Introduction Describe the purpose of your Business, briefly outline the concept. Include YOUR overall business objectives. Decide on the ‘legal status’ of your business – sole trader, partnership, limited company or co-operative? All have benefits and shortcomings. Find out which is right for your situation. 2. The Product or Service Describe precisely the product or service that your business will offer. Include any relevant history of the product or service... View Article