Who Is A Business Plan Written For

Who Is A Business Plan Written For-50
This section of your business plan will give a summary of: Potential funders, like banks and investors, will look at this section to see how your business has performed in the past.They'll also want to see if your business is using the best practices for the future.

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It should also include your financial forecasts for the next 3 years – your cash flow, profit/loss and balance sheet.

Your financial forecasts should detail any assumptions you have made and how your business will respond to changes in your forecast, such as if you sell more or less.

Potential funders will use this section to see if your business can sell products or services in a form customers will like, as this could make your business successful.

You'll need to give details of who is involved in managing your business. For example, you could be managing a business on your own, or it could have an entire management team.

If your business is a limited company, you'll also need to include details of your registered offices and company number.

An executive summary should give an overview of each section of your business plan.

It's the part potential funders will read to decide if they're interested in reading your entire plan.

It's important your executive summary is well written to capture the interest of potential funders.

This will include your plan for: Your financial summary helps potential funders understand the opportunity they have by giving funding to your business.

It will include information on your business's historical performance – your profit/loss and balance sheet.

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