You may have a great business idea that you need to communicate effectively to others in order to ensure that it progresses. Those other parties may be potential investors, finance providers, professional advisors or simply your wider internal team.
A well-written business plan will enable you to succinctly illustrate what you intend to do, how you intend to do it, when you intend to do it and the resources you will need in order for it to be a success.
Your business plan is a marketing and sales tool. It will play a significant part in the decision making of investors and other sources of finance as to whether they will provide you with the money you need to create your idea or grow your business further. As part of this it must go further than just setting out the facts in order to engage and motivate the reader to provide you with their backing.
As well as being useful for clarifying your business idea, the process of building your business plan will also enable you to spot potential problems (and therefore consider the solutions) before it is finalised and distributed to interested parties.
A good business plan will also be used as a yardstick to measure the progress of your overall strategy once it has been put into place - you should use it to monitor how well you are actually doing compared to your initial projections. You should also revisit your business plan regularly because markets can change quickly and you may need to update your vision, financial projections and strategy from time to time.
We have extensive experience in this area having assisted numerous clients in writing, developing and testing their business plans. This allows us to work with you to ensure that yours is best placed to achieve the successful involvement of the parties that you seek to partner with.