The Key Elements of a Basic Business Plan

The thought of preparing a business plan can be a daunting prospect for many business owners or those about to start up a new business and some small businesses, particularly if they do not require a bank loan, never write one at all. But preparing a thorough business plan has been shown to increase profits because it provides direction for the business but also reveals opportunitie… Continue Reading

Why Your Company Needs a Good Business Plan

Some recent surveys have indicated that there is a correlation for small businesses between having a business plan and the profits they make. This suggests that any SME without a business plan could be losing out on potential profits. That may seem quite a surprising assessment but significantly more companies with a business plan made a profit than those companies that did not ha… Continue Reading