Making A Business Plan For A New Business

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This section is based on our free business template and guide and steps through the various areas and information you need to include in your business plan.

Your business plan may vary from this depending on the type and structure of your business.

Once you've read Before writing your plan and conducted research into the feasibility of your new business you're ready to write your plan.

We have a number of free templates and tools to help you get started.

There's no one guaranteed formula for writing an effective business plan.

However, in general you have to show that you're committed to your venture and that you have the expertise, skills and necessary to make it all happen. Include a description of exactly what you're proposing.

You should include information on how you plan to recruit and maintain your employees or handle outsourced work.

Do an assessment of the company's needs with regard to premises and capital goods (such as machinery, technological equipment).

A business plan helps you to: You’ll need a business plan if you want to secure investment or a loan from a bank.

Read about the finance options available for businesses on the Business Finance Guide website.

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