
A business plan is a formal statement of a set of business goals, the reasons why they are believed to be attainable, and the plan for reaching these goals.
By on 14-11-2018
HOW TO WRITE A BUSINESS PLAN
A business plan is a formal statement of a set of business goals, the reasons why they are believed to be attainable, and the plan for reaching these goals.
The information provided here is for external stakeholders- for example a bank (if you are approaching them for finance), venture capital firm, a private equity firm and any others from whom you seek investment or a loan.
1. CONTENT OF A BUSINESS PLAN:
Before reading this section, please do note that the content provided here is just for guidance purposes. Your business is unique and your plan should reflect this fact. The content here is not specific to any type of business.
The material provided here is to guide you on what aspects to consider when preparing a business plan.
2. EXECUTIVE SUMMARY:
A business plan should contain an executive summary. This summarizes the key points of a business plan. If you are approaching a bank for a loan, or a venture capital firm for investment, you must include the following points:
- Company Information: Name, Proposed legal structure, minority and majority investors. We have provided a section on Forms of Business Organisation for your information. We also have a section on Legal Basics to help you better understand the legal environment.
- Brief description of project
- Amount and length of loan (if approaching a bank)
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