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Writing a Business Plan

Business Plan Layout

Business Plan Layout or Business Plan Outline The first point to make with regard to a business plan layout (also known as a business plan outline) is that there is no one typical layout. Business plans are unique and the layout will be dependent on a number of factors, not least the purpose of the [...]

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The importance of accuracy in a bussiness plan

When a business plan is being produced it is important that the final plan makes a lasting impression on the recipient. However an all too common trend is for the business plan to make an impression for the wrong reasons. Incredible as it may seem, one of the most common mistakes we see is the [...]

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How to write a business plan

Starting a Business Plan There are three main ways to write a business plan: 1. Pay someone to write the business plan. 2. Write a business plan yourself using Microsoft® Word and Excel. 3. Write it using software such as Business Plan Pro. If you, like many entrepreneurs, are time rich and cash poor, option [...]

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Planning in times of uncertainty

Business Planning Tips In the past few weeks we have witnessed a period of unprecedented economic turbulence and instability. Of course this uncertainty is not just affecting us here in the U.K., but in a globalised economy it is affecting people right across the world. Years of consistent economic growth have given way to rising [...]

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The Easiest Way to Write a Business Plan

Writing a Business Plan So, you have decided to start up a new business. You begin to do some research and find that almost everything you read recommends that you produce a business plan. Why is this so? Because the benefits of compiling a business plan are numerous – not least, the fact that committing [...]

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Top 10 UK Resources to Help You Write a Winning Business Plan

Business Plan Help Writing a business plan is one of the most important things an entrepreneur must do when starting a new business. However, writing a compelling business plan is easier said than done, particularly when time can be so precious. This article outlines the key resources available to UK entrepreneurs when preparing a business [...]

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Securing Funding – The Dragons’ Perspective

Raising Finance The BBC2 show Dragons’ Den is now in its ninth series, and while the show is obviously edited to entertain (more than anything else), it seems as if the current bunch of contestants has not watched any of the previous shows! Week after week they appear – often repeating the mistakes of previous [...]

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Top 10 Business Plan Mistakes to Avoid

Business Plan Mistakes The importance of business planning is widely documented; however, guidance as to what constitutes good business planning is less clearly defined. This article aims to redress that imbalance by describing 10 of the most common mistakes that occur in business plans. While the business-planning process is in itself a very worthwhile pursuit, [...]

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Why Business Planning Is Not Just for Startups

Small Business Planning One of the greatest misconceptions about business planning is that a business plan is useful only for start-ups. While start-up companies are indeed one significant segment of business planners, business planning is being utilised by an increasing number of companies as a means to manage growth better, to ensure new ideas have [...]

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Top 10 Tips for Writing a Business Plan

Business Planning Writing a business plan can seem a daunting challenge. However, this skill is a vital requirement for any entrepreneur or business seeking to increase their chances of survival. Here is a list of my top ten tips for writing that winning plan: 1. Write from the audience’s perspective The starting point for any [...]

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