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Business Plan

Business Plan

5.0 (1)
under 20 minutes
under 20 minutes
Last updated December 2018
Last updated October 2, 2019
Suitable for suitable for all Australian states and territories
Suitable for suitable for all Australian states and territories

A Business Plan is the perfect tool to give you the direction you need when starting a business. Customisable and ready to use in under 20 minutes

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Document Overview

A business plan is an important tool for understanding how each element of your business will work together to make it a success. You can use it to monitor progress, hold yourself accountable and control the businesses’ financials. Additionally, it’s a great sales and recruiting tool for courting key employees and future investors. These days venture capital firms, banks and Investors insist that you have a business plan in place before they invest.

Use this Business Plan if:

- You’re starting a business and want a blueprint for success, in line with your goals and vision;

- You need an organised way to share your business objectives with investors, lenders or other third parties;

- You already have a business and need to pause, reflect and re-align your goals.

What does the Business Plan cover?

- Business Overview

- Products / Services

- Structures and resources

- Business management and operations

- Market analysis and strategy

- Financial analysis

Other names for Business Plan include:

- Business Proposal

 

Helpful Hints

Checklist for Business Plan

You will need to know:

- Name of business

- Business Structure

- Business Vision

- Short and long term goals

- Details on products/services

- Business asset information

- Market Analysis/Strategy Information

- Financial Information

 

Steps to take after completing the agreement

- Check that the information is correct

- Use the document to guide your decisions or share your business with investors and other parties

- Refer to it along the way and make changes as needed.

- Keep a record in a safe and accessible place.


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