Business Plan Guide.pdf (size 121.8 KB)

What is a Business Plan?

A business plan is a document that outlines your business idea, your objectives and how you plan to achieve them. It will serve as a guide during the lifetime of your business. 

A business plan serves three purposes: it explains the organization's strategy to execute it over the long term, obtains funding from investors, and aids in projecting future company demands.Business Plan Guide.pdf (size 121.8 KB)

A business plan has many functions: - It assesses an idea and its viability - It is a communication tool for use with clients, advisors, banks etc.  - It is a planning tool for the future - It helps create a step-by-step approach to reaching a decision - It is a working manual and checklist

A business plan should include:

1. An executive summary
2. Product/Service overview
3. Management/ Team Layout
4. Markets and Competition
5. Marketing & Sales Plans
6. Business System and Organisation (Operations)
7. Implementation Schedule
8. Opportunities and Risks
9. Financial Planning and Financing

Click on the link below to see an outline guide of the areas you should cover in your Business Plan. 

Please note that this template is intended to act as high-level guide only.

Business Plan Template & Guide (Word Doc)