Home Budget 2007 Company Profile Services Accountancy Zone Business Zone Tax Zone IR35 Update News Articles Feedback Search Legal Notice How To Find Us Preparing a business plan Creating a meaningful business plan is not only essential if you want to convince a third party, such as a bank, to invest in your business, it is also important for you to formalise your plans for the future. You don't have to write a book - merely an outline of what you want to achieve and how you intend to do it. Done properly, the business plan can be used as a valuable tool to refer to whilst your business develops. Don't be disturbed if things change so that your business plan, at least partly, becomes out-of-date. It is not meant to be "written in stone". In fact, it should be used as a "living document" to be updated and adapted as events change. After all, we live in a dynamic business world where change has become the norm. You should be flexible so that you can adapt to these changes. We can guide you through the most important elements of preparing your plan. However, we would always recommend that you contact us so that we can vouch the final version. Essentially, any good plan will give adequate consideration to the following aspects: Introduction Business description The market Operational factors Sales and marketing Management Financial matters [ Business Zone Home · Previous - What do you want to do? · Next - Business Plans - Introduction ]