Business planning

BUSINESS INFORMATION

Download our business plan template and guide to help you create your own business plan.

There are no strict rules regarding the content or level of detail in a business plan. However, generally, a business plan should include:

Before you start writing your business plan, consider the following key questions:
Have you refined your business idea and understood how it will operate?
Have you researched the market to confirm a need for your business concept
Have you completed a feasibility study to assess the potential for success?
Do you have the necessary funds to start and grow your business?
Are you prepared to commit significant time to getting the business off the ground?

Business planning is an ongoing process. Regularly review your plan and update it whenever there are changes in your circumstances.

A well-prepared business plan is crucial for refining your idea, understanding your market, and setting a clear direction for your business.

This guide will help you complete your business plan and should be used alongside our business plan template.

Use our simplified one-page template to assess your business or side hustle’s viability before creating a full business plan.

If you need assistance, our business advisers are available to help with any questions or concerns.