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What is a business plan?


Your business plan is simply a roadmap of the things you are going to undertake with your business or idea over the coming 36 months.

Before you get to this stage you need to understand exactly where you are today. This is the foundation to building your business.

It may seem laborious but it is not only essential but critical for your success.

  • You can't set objectives without knowing why.
  • You can't set a target without knowing how much improvement you need to undertake

    As a business you can not do everything and you will need to prioritise what you will be able to do with finite resources.

    Summary
  • You must analyse where you are today
  • Prioritise your actions plans - you can't do everything
  • Clarify your financial requirements

    This is the three step approach used in our Business Plan Guide


    MARKETING TIP - Tell you friends - tell everyone


    You need as many people as possible to find out about you and your business

    Although it may appear a simple idea you should tell everyone you know about you business and provide a special offer - whether a discount or something extra.

    Everyone you tell is likely to tell someone else, and they will tell someone, and so on. The power of word of mouth should not be underestimated.

    Provide these items
  • Business cards
  • A simple flyer announcing the offers
  • Any brochures
  • A giveaway with your company name


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    Download a fully completed business plan for your industry online right now.
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