A business plan not only aids start ups in gaining capital, but is also a great tool in helping shape a profitable Business.
Every business owner has ideas, understanding and knowledge about their products or services but, more often then not, this information is trapped in their heads and needs to be collected into one, concrete document.
Business plans can help start up owners:
• Put their thoughts and ideas into perspective,
• Structure a work plan to build their company,
• Identify what external resources needs to be invested in,
• Gain investment and capital to grow their organisation.
I have written three business plans in the past two years. One plan was used to gain a £20,000 grant, and they have all been given high praise on professionalism and attention to detail.