Details

30 mins, 1997

Every business needs a business plan — but how do you put one together? Jay, a clothes designer, and Robin, in the forestry business, explain how they wrote their business plans.

Objectives: the business plan has to state what the business has been set up to do.

Marketing: the plan describes the product, who it’s aimed at, how they’ll buy it and at what price.

Production: the production plan outlines how they’ll make their product.

Resources: will the business need start-up cash to get going and what assets will it have?

Finance: how much cash will the business really need to keep going while setting up?