The business plan generally projects 3-5 years ahead and outlines the route a company intends to take to reach its yearly milestones, including revenue projections.
A well thought out plan also helps you to step-back and think objectively about the key elements of your business venture and informs your decision-making on a regular basis.
We will align our management team towards a common set of goals, as we believe in "YOU GROW, WE GROW".
Get Started on your business plan by downloading Small Business BC’s Business Plan Template and Cashflow Forecasting Tool.
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Learning how to write a business plan can make the difference between a successful start-up and a failed venture, but not all business owners and entrepreneurs recognise the importance of having one.DOWNLOAD OUR FREE BUSINESS PLAN TEMPLATE Here are some resources to help you with your business plan: Import / Export Business Registration Resources: Refer to our Business Planning Resources guide.Get Started on your business plan by downloading Small Business BC’s Business Plan Template and Cashflow Forecasting Tool.In order to put your business concept on paper, you need to think through and research the many factors that are needed to make sure your business is a success.With a plan, not only can you spot potential weaknesses, opportunities, and threats, your plan can help you make informed decisions about your venture before you commit yourself legally or financially.Is very important you have a business plan because your business plan will not only serve as a road map that guides you to achieving your goals, it can also be used to get loans or grants.Writing an investor-grade business plan can be challenging and time consuming, even for those who have done it before.Some believe this is the most important part of a plan – so much so, it’s worth dedicating up to 80% of your time to writing this section.You’ll need to show three years’ worth of projected financial statements, including income statements, pro-forma balance sheets, and monthly cash flow and annual cash flow statements.Expand upon your products and services, including features and benefits, competitive advantages, and, if marketing a product, how and where your products will be produced.The industry overview is your opportunity to demonstrate the viability of your business by discussing the size and growth of your industry, the key markets within your industry, how your customers will buy your products or services, and which markets you’ll be targeting.