make your free business plan

making a business plan online is simple. just answer a few questions and 2022世界杯32强抽签时间 will build your document for you. when you have all of the details prepared in advance, making your document is a quick and easy process.

to make your business plan, you will need the following information:

business details

• what is the structure of the business?

• what is the name and address of the business?

• what are the business’ contact details (eg email, website and phone number)?

• what industry does the business operate in?

• what does the business specialise in?

• what is the business’ unique selling point (usp)?

• does the business provide products and/or services and what are they?

market

• what is the target market of the business?

• what market segment is the business targeting?

competitors

• what are the main competitors of the business and why are they competitors?

• is a swot analysis required for this plan? if so:

  • what are the strengths of the business?

  • what are the disadvantages of the business and how will they be overcome?

  • what are opportunities for the business?

  • what threats are there to the business and what are the relevant contingency plans?

pricing

• what is the business’ pricing strategy?

• how does the business’ pricing strategy compare to those of competitors?

marketing and sales

• what are the business’ marketing techniques?

• what are the business’ sales methods?

• will existing customers who have expressed an interest in the business' product(s) and/or service(s) be listed? if so, what are their names?

essentials

• will the business need:

  • licences? if so, what licences are needed?

  • equipment or machinery? if so, what equipment or machinery is needed?

  • suppliers? if so, what suppliers are required?

• what insurance will the business need?

staff and investors

• what are the details of the management team (ie name, role and relevant experience)?

• what are the details of any employees needed (eg their roles, duties and the number of employees)?

• does the business have any investors? if so, what are their details (eg their name and relevant background information)?

financial plan and funding

• will a financial plan be included? if so:

  • what are the details of the financial plan (ie the relevant financial year, the expected sales, the expected costs and the expected gross profit)?

• what funding is required for the business?

• where will the funding be invested?

business plans are used by entrepreneurs and business founders to outline their business’ operational and financial objectives and their strategies for achieving them. to facilitate this, and to help a business secure funding, this business plan covers: 

business details

this section provides the basic details of your business. these include:

• the business’ name

• the business owner’s (ie your) details

• the business’ contact details

executive summary

this section provides an overview of the business without going into detail. the executive summary provides enough information for any potential investors to decide whether or not to read the rest of your business plan. 

business overview

this section provides greater detail on what the business does. this includes:

• what the business specialises in

• what goods and/or services the business provides

• the business’ unique selling point

market analysis

this section provides details of the business’ target market and the specific segment of the market that the business is targetting. it also sets out the competitive landscape in which the business will operate, including details of relevant competitors.

swot analysis

if relevant to your business plan, this section includes a swot matrix. these matrices include a business’:

• strengths (ie the business’ internal positive attributes, whether they’re tangible or intangible)

• weaknesses (ie the internal aspects of your business that detract from the value you offer or place you at a competitive disadvantage)

• opportunities (ie external attractive factors that represent reasons for your business to exist and prosper)

• threats (ie external factors beyond your control that could put your business at risk) and any relevant contingency plans

marketing

this section details the business’ marketing strategy. this covers the business’:

• pricing plan

• sales and marketing techniques

• sales processes

• existing potential customers (where relevant)

operations

this section details the assets and personnel needed to run the business. this includes:

• employees

• licences

• insurance

• machinery and equipment

• relevant suppliers

management team

this section provides details of the management team. this includes the skills and experiences of all business owners and the background of any existing investors.

financial overview

this section provides an overview of the financial requirements of the business and how any funding will be used. where relevant, it also sets out the business’ projected profits and losses.

if you want your business plan to include further or more detailed provisions, you can edit your document. however, if you do this, you may want a lawyer to review or change the business plan for you, to make sure it complies with all relevant laws and meets your specific needs. ask a lawyer for assistance.

consider your business structure

your business plan will outline what business structure you wish to operate as. generally, your chosen structure will depend on the specifics of your situation and whether you’re willing to take on the effort of registering your business. you should consider incorporating your business as a private limited company (ltd) or a limited liability partnership (llp) to protect your personal assets in case of legal disputes or financial difficulties. for more information, read choosing your business structure.

name your business

an important aspect of starting a business is choosing a name. it’s worth thinking about future expansion plans and whether the name will remain relevant. bear in mind that your business name should not cause any offence, be misleading, or give rise to any obvious confusion. it’s always a good idea to use the companies house name availability checker and uk intellectual property office’s trade marks register to see whether your proposed name is available and to ensure it doesn’t infringe on anyone’s existing trade mark. for more information, read how to choose a name for your business.

remember to include visuals in your business plan

if you are using your business plan to secure funding for your business, consider incorporating visuals into your plan. by including relevant visuals (eg graphs, logos, mockups and visual representations of the design process) you help engage the attention of potential investors.

protect your business

to protect your developing business and any confidential information (eg intellectual property) you may disclose in your business plan, it is a good idea to consider using non-disclosure agreements. if your business plan involves any new inventions, consider applying for a patent.

if you have chosen a name for your business, you should secure a domain name (ie the electronic address for a website address) for your business website and set up any relevant social media accounts for your business. similarly, once you have created your brand, you should consider registering trade marks and/or design rights that represent your business.

understand when to seek advice from a lawyer

ask a lawyer: 

• if this document does not meet your business needs

• for further advice on business plans

• if you want to make a business plan for a business other than a private company limited by shares, general partnership, llp or sole trader operation (eg an unincorporated association)