Writing a Business Plan

Writing a Business Plan is essential but it is not as difficult as it may sound - it is simply a way of putting your ideas on paper.

Areas that are usually covered:-

1. Description of the business - brief overview of purpose of business and location.
2. Evidence of demand for product/service - size and location of market, buying patterns, type of research carried out.
3. Sales and Marketing - how you will promote your product/service, sales targets you've set, competition and how you will overcome it.
4. Product/Service - description and its advantages (and disadvantages).
5. Management - CV's, training needed, what are these people bringing into business?
6. Financial forecasts - cash flow forecast, profit and loss, initial financial outlay

Your plan should contain the essential information required - not waffle. Try and tailor it to the needs of whoever is going to be looking at it. And remember, with financial predictions - best to be prudent - don't be over-optimistic!

You can obtain examples of business plans from:

• Local libraries
• Business services of banks

Contact Information
Send us a Message	Tameside Business Support Team Tameside MBC Council Offices Wellington Road Ashton under Lyne Lancs OL6 6DL View local map
0161 342 2058
0161 342 2790