How Much Money Will You Make 

Writing Your Business Plan: How Much Money Will You Make?

Explaining how much money your business will make is a crucial part of writing your business plan. Let’s be honest, unless you are an NGO the main reason you are in business is to make money.     If you are preparing a business plan for investment or funding, you will have to show when you will start making money and …

business analysis tools

Writing your Business Plan: Business Analysis Tools

Effective business planning is all about looking into the future.  In your business plan you must be able to predict the future and ensure your business is best placed to survive, and if possible, thrive.  As difficult as this sounds there are a few tools and techniques that will help you plan for the future. The most widely used business analysis tools …

How To Prepare A Cashflow Statement

Writing Your Business Plan: How To Prepare Cash A Flow Statement

The cash flow statement is one of the sections of a business plan that people tend to experience the most difficulty with. Preparing a cash flow shouldn’t be that difficult as long as you follow a few simple steps. If you are applying for a startup loan The Cash Flow Statement will be the only financial statement you will have …

Values

How To Write Your Business Plan: Values & Philosophy

Along with your mission and vision statement, when writing your business plan you need to convey your company’s core values and principles. A company’s values and philosophy act as a “guiding beacon” that underpin your mission and vision and provide your business with a purpose beyond making a profit. The importance of stating what your company stands for should not …

Mission Statement

How To Write Your Business Plan: What Is Your Company’s Mission Statement?

The next step in developing your strategy in your business plan is developing your Mission Statement.  Whether you are starting up a new business or running an existing business you must identify the fundamental reason for your business to exist. Making money is an obvious choice but this is not a good enough reason alone for the business to exist. …

business vision statement

Writing Your Business Plan: Vision Statement

The first section of your business plan after the executive summary is your business strategy.  In this section, you will have to explain what our business is about, where you want to go and how you will get there.   The first stage in developing your business strategy is defining what your business is and what it will be in the …

BUSINESS PLAN

The Modern Business Plan – How Business Plans Have Changed

The economic crisis of 2007/8 had a profound impact on how entrepreneurs and business owners finance their business and write business plans. Banks have been reluctant to lend money to start-ups without them offering significant collateral against the loan. Despite all the publicity that they are lending more money than ever banks are still assessing loans based on the CAMPARI …

protecting your ideas - intellectual property

How To Protect Your Ideas – Your Intellectual Property Options

If another business is able to copy or steal your ideas, inventions, contacts, designs or knowledge your business is at risk. Protecting your ideas and intellectual property is crucial for the sustainability of your business, potential investors will reluctant to invest in a company whose intangible assets are not protected. There are five main ways to protect your business’s intellectual …

how to write a business plan, how to make a business plan, making a business plan

The Definitive Guide To Writing A Business Plan

If you are a serial entrepreneur or an aspiring business owner then learning how to write a business plan should be an essential part of your skill set. Being able to write a convincing business plan will help you improve and grow your business. Let’s start with what a business plan is: it is a document that outlines the vision …

failure or success

Learn How To Test Your Business Idea

Most entrepreneurs spend hours working on their product and for several months when starting their business. Research is great, however, there becomes a point where you have to test your business idea and find out whether your product will sell. There is no value in holding onto a product for until it’s 100% complete and when it’s released onto the …