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. You need to get your ideas and thoughts in relation to your new business on paper.
A business plan has many functions;
- It assess an idea and its viability
- It is a communication tool for use with clients, advisers, banks, funds
- It is a planning tool for the future
- It provides a step by step approach towards reaching a decision
- It is a working manual for you the entrepreneur as you expand your business.
- It is a checklist
One of the most important things you will do is develop your business plan.
The Kerry County Council Local Enterprise Office LEO Kerry has developed guides on how to write a business plan and has a variety of sample business plans available on website, including:
- A comprehensive start-up guide with sample business plan
- A guide to starting a food business
- A guide on business finance
- Guidance on your business plan
- A sample business plan
- A sample cashflow workbook
- Sample business plan (detailed)
- Profit and Loss and Basic Cash flow
- Web Design Brief
Sample business plans and a guide to writing a business plan can be viewed and downloaded here
