Business & IP Centre Devon

Category: Blog

How to Write a Business Plan

Top Tips for Writing a Business Plan:
Keep figures realistic. Don’t be over-optimistic with sales and underestimate costs.

Cross reference what you have written with your financials. If you have listed various marketing activities or purchase of equipment, the costs of these need to be shown in your cashflow forecast.

Cut the waffle. A clear, concise business plan is likely to fair far better if you apply for funding than one full of unnecessary information which the reader has to wade through.

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