Guide to Producing a Business Plan
Producing a business plan offers an excellent opportunity to consider all the
facets of a business or a project, testing feasibility and providing greater
confidence in decision-making. It will also identify future financing needs
and is usually one of the necessary steps in raising external finance. The process
of preparing a business plan can be quite time consuming. Many entrepreneurs
are unsure of where to begin when preparing a business plan. The business plan
should be prepared so as to articulate your business model in a form that is
easily understood.
This guide includes:
- Drafting the plan
- Product or service
- Market analysis
- Marketing and selling
- The management team
- Funding requirements
- Financial projections
- Key issues risk assessment and sensitivity analysis
- Action plan and milestone
- Strategic alliances
- Common questions about raising finance
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