Get our free, easy-to-use business plan template. The plan itself is pretty comprehensive running to 27 pages.
Find out how to protect it The Intellectual Property IP rights of your business determine the value of your idea, so a copyright, patent or trademark is essential. Your audience and the market — who will your business supply and how will it reach them?
It needs to be part of the business, not left in a drawer. Revisit it once a year to see if changes to the market, technology or competition has had an impact. You should use research and, if possible, evidence, to support your conclusions and include an action plan.
How big is the market and who are your key competitors? When you open it up in word it runs to 28 pages and is full of questions, advice and points to consider. Business plan template Thinking of starting a business or looking for investment but need help putting a plan together?
How will you tell them about your business? Some business plans will include other sections, like a SWOT analysis or a full marketing plan.
Talk to your bank.