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22nd June, 2017
A business plan is often considered unnecessary by business owners but it should be considered an essential document for any business serious about growth.
The production of the plan should bring the management team together to:
The exercise should bring out what is needed to achieve the growth goals. I am a big fan of the classic five Ps model to which I would add three more elements:
The final pillar of the plan is the funding need, what the funds will be used for and generate in terms of return and, growth in the business.
To bring it all together consider:
Mark Hislop, Founder and Corporate Finance Director at Advantage Accountancy & Advisory Ltd has funded, invested in, read and, authored 100’s of Business Plans over the past 30 years.
For a free consultation with an expert call 029 22 331169.