Business plans are not just for startups. For an established business, a well-developed business plan serves multiple key purposes: it helps attract investors or lenders to support your growth, demonstrates value to potential buyers, and can persuade strategic partners or essential employees to join your journey. Most importantly, it provides a clear roadmap to guide your business’s growth and secure its ongoing success.

Creating a business plan is an opportunity to meticulously evaluate every step needed to achieve your business goals. It enables you to identify potential weaknesses, uncover new opportunities, and prepare for upcoming challenges with a well-informed strategy.

Ensure your business plan includes the following:

1. Executive Summary
2. Company Description
3. Products and Services
4. Marketing Plan
5. Operational Plan
6. Management & Organisation
7. Personal Financial Statement
8. Financial History and Analysis
9. Financial Plan
10. Appendices

Once completed, connect with a BIZCO mentor to review and refine your plan for optimal results.