Business planning

Business planning

Business planning

  • Business plans are normally drawn up at the start of each year.
  • A business plan is used as a focus for the business which can also be used to set objectives.
  • The business plan is used to show people that are lending the business money, so they have an indication of the likely success of the business.
  • It can be used to monitor the businesses progress.

A good business plan includes the following:

  • Details of company,
  • Description of product,
  • Customer info,
  • Organisation and location,
  • How much money the business has,
  • Detailed analysis of cash available - cash flow forecasts etc.
Finance

Break even

Break even

Finance

Budgeting

Budgeting

Finance

Cash flow

Cash flow

Finance

Contribution

Contribution

Finance

Cost and profit centres

Cost and profit centres

Finance

Finance definitions

Finance definitions