A Undertake Small Business Planning Project

Produce a draft business plan.

Your plan should be developed to the point where an accountant need only check the figures with you add a little more analysis (eg projected ratios) then have it prepared for presentation to third parties.

The business plan can take any form you wish and can relate to an intended or imaginary business, but must include:

1. an executive summary

2. a situation analysis

3. customer needs analysis - market research results and analysis

4. the vision and mission statement for the business (the driving force which makes the plan a living document)

5. your aims and objectives, both business and personal

6. marketing, operational and fmancial plans and strategies

7. indications of financial support or intended sources of finance

8. staffing requirements

9. sales and growth forecasts

10. specialist services that are likely to be required

11. stakeholder identification and engagement strategies

12. risk matrixes and risk management strategies

13. how you plan to measure success - the performance criteria that will be used for measurement