BUSINESS PLANNING
A good business plan guides you through each stage of starting and/or managing your business. You’ll use your business plan as a roadmap for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business.
Business plans can help you get funding or bring on new business partners. Investors want to feel confident they’ll see a return on their investment. Your business plan is the tool you’ll use to convince people that working with you — or investing in your company — is a smart choice.
WORKING TOGETHER TO IMPROVE THE PERFORMANCE OF YOUR BUSINESS
Budgeting
1. Estimated revenue
2. Fixed costs
3. Variable costs
4. One-off costs
5. Cash flow
6. Profit
7. Budget v. Actuals
