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Everyday Entrepreneurs: A Sugar-free, Dragon-slaying start-up guide for the simple small business by Ken Horn

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8. HOW TO CREATE A BUSINESS PLAN

notepaper.psd

THERE ARE PLENTY OF BUSINESS PLAN TEMPLATES available on the internet and elsewhere. The best advice I can offer is: if you are planning to borrow money from an organisation or a bank, use their plan. It talks their language, works with their systems, you can often access and adjust it live – and, of course, it has their branding all over it. This makes them feel all warm inside.

But if you’re creating your business plan in the wild – or just want to start without being particularly committed to a particular lender – here’s how you do it.

A typical business plan includes the following headings:

  • business details ...

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