libreccm-legacy/ccm-ldn-aplaws/doc/generic-content/items/miscellaneous/advice-to-business-and-comm.../346.xml

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<cms:item xmlns:cms="http://www.arsdigita.com/cms/1.0" xmlns="http://www.esd.org.uk/standards/esdbody" oid="[com.arsdigita.cms.contenttypes.ESDService:{id=346}]"><cms:name>business-planning-346</cms:name><cms:language>en</cms:language><cms:title>Business Planning</cms:title><cms:dublinCore oid="[com.arsdigita.london.cms.dublin.DublinCoreItem:{id=346}]"><cms:name>business-planning-346-dublin-metadata</cms:name><cms:dcAudience>General Public</cms:dcAudience><cms:dcCoverage>content=&quot;99XX&quot; scheme=&quot;ONS SNAC&quot;</cms:dcCoverage><cms:dcCoveragePostcode/><cms:dcCoverageSpatialRef/><cms:dcCoverageUnit/><cms:dcDateValid/><cms:dcDisposalReview/><cms:dcLanguage>en</cms:dcLanguage><cms:dcTemporalBegin/><cms:dcTemporalEnd/><cms:dcCreatorOwner>LAWS Project - Starter Kit - http://www.laws-project.org.uk</cms:dcCreatorOwner><cms:dcCreatorContact>LAWS Project - Starter Kit - http://www.laws-project.org.uk</cms:dcCreatorContact><cms:dcPublisher>Tameside MBC - LAWS project - http://laws.tameside.gov.uk</cms:dcPublisher><cms:dcRights/><cms:dcKeywords>business, planning</cms:dcKeywords></cms:dublinCore><cms:textAsset oid="[com.arsdigita.cms.TextAsset:{id=346}]"><cms:content><![CDATA[<h2>Miscellaneous</h2><span class="gen">email address here</span><span class="gen">phone number here</span><span class="gen">sms phone number here</span><span class="gen">fax number here</span><span class="gen">minicom number here</span><p><i>Business planning is an essential component of any successful business but it is often overlooked due to pressures of day to day work. A well considered and constructed business plan can help you safeguard your own investment, focus your efforts, ease external financing problems and provide you with a yardstick against which to measure your progress. Once developed you should aim to maintain your business plan in-line with your business. </i></p><hr/><p>Writing
a Business Plan is essential but it is not as difficult as it may sound -
it is simply a way of putting your ideas on paper.</p><p>Areas that are usually covered:</p><li title="*">Description of the business - brief overview
of purpose of business and location. </li><li title="*">Evidence of demand for product/service - size
and location of market, buying patterns, type of research carried out. </li><li title="*">Sales and Marketing - how you will promote
your product/service, sales targets you've set, competition and how you
will overcome it. </li><li title="*">Product/Service - description and its advantages
(and disadvantages). </li><li title="*">Management - CV's, training needed, what are
these people bringing into business? </li><li title="*">Financial forecasts - cash flow forecast,
profit and loss, initial financial outlay</li><p>Your plan should contain the essential information
required - not waffle. Try and tailor it to the needs of whoever is going
to be looking at it. And remember, with financial predictions - best to be
prudent - don't be over-optimistic!</p><p>You can obtain examples of business plans from:</p><ul>
<li title="*">Local libraries</li>
<li title="*">Business services of banks</li>
</ul><p>Help and advice on creating a business plan
for your business, can also be found on the <strong>
<a href="http://www.smallbusinessadvice.org.uk/busplan/bpindex.asp">Small
Business Advice</a>
</strong> <span class="gen">link to external website</span> website.</p><span class="gen">email address here</span><span class="gen">phone number here</span><span class="gen">sms phone number here</span><span class="gen">fax number here</span><span class="gen">minicom number here</span><span class="gen">postal address here</span><h3>
<a href="/ccm/services/pid.jsp?pid=346"> Providing Information
(346)
</a></h3>]]></cms:content></cms:textAsset></cms:item>