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If you need to raise/borrow money to start the
business on your own land, buy a property/land, get planning/zoning
permission, buy an existing business, expand or take on more staff/equipment
etc) -- you will need a business plan.
Financing a new business means needing to see your
vision for the business...
... written down in
a concise, detailed, well-thought out, sustainable & persuasive
way.
It will help you to think about key issues that
will affect your business & help you prepare for them.
It will
help provide you with statistics to work out
potential business averages
for your area.
Even if you don't need
a loan or funding - you should do this exercise for
your own benefit to check the business viability and soundness.
Plus, it's a good checklist to see if there's anything you've
forgotten about!
The Business Plan is in Microsoft
Excel XLS format to automatically
calculate your figures for you. You just type in a few
figures to try in the highlighted boxes -- and 'try out' your
income!
This business plan will save you
lots of research, layout & collation
time and get your financials fast-tracked.
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