The Planning Factor

The Planning Factor- Why Write A Business Plan

If you’re new to business the thought of preparing and writing a business plan can be daunting.  My advice is to take it slowly and one step at a time.  Often big projects become achievable if you reduce them to their separate elements and tackle each in turn.  By creating a plan for your business you will have examined and answered key questions on the viability of your venture, and most importantly prove this to yourself and your supporters.  Not only that you will have produced evidence  that your concept will stand scrutiny  to yourself,  to  bank managers and other potential investors including any friend and family that could make a contribution to start-up costs.

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