Monday February 17, 2020

How to prepare a business plan

Pat Sutton explains how the key to a successful business is a strategic business plan

7th June, 2015
2

Business plans may be required by many third parties such as banks, government grant agencies, equity investors, potential buyers of your business, senior management or the next generation coming into the business.

The plan should set out a clear strategy and vision, with well documented goals and objectives. Identify the best opportunities, figure out how to capture them and establish a budget to set about delivering this. From your strategy you can develop tactics and...

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