STAGE 3The Business Plan ifig0004.jpg

This work stage concentrates on putting together a business plan in a format that will be comprehensible both to the practice and to potential funders, bankers, etc. Topics that should be covered by the business plan include: company history and arrangements, business objectives, advisers, business potential and competition, services to be offered, distinctiveness, pricing structure, capacity, promotion, size and growth, company structure and management, law and regulation, finances, funding and naming.

The business plan

Preparing a good business plan is an essential step. Do not start work without one.

  • Preparing ...

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