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Business plans - advice

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If you are starting a business or considering diversifying your present business, you will need to write a Business Plan. Most funding providers will request sight of a comprehensive business plan in order to apply for any business support type grants.

A Business Plan is a summary of the business proposal and how the business will operate successfuly. The Business Plan should consider:

  • Business objectives
  • Business concept
  • Market analysis
  • SWOT analysis (Strengths, Weaknesses, Opportunities and Threats)
  • PEST analysis (Political, Economical, Social and Technological)
  • Marketing strategy
  • Risk assessment
  • Cashflow forecast
  • Profit and loss account

You can get free help and advice writing your Business Plan from Business Link. Contact the Information Team who can put you in touch with a business advisor in your area:

Tel: 0845 00 66 888