loan. Providing inadequate information on the management team, flawed marketing plans, unrealistic forecasts or incomplete presentations. Determine who the plan is for - Does it have more than one purpose?
The following pages will describe in detail the seven essential sections of a business plan: what you should include, what you shouldn't include, how to work the numbers and additional resources you can turn to for help. Here's the core content that you should consider. Having your plan up to date can keep you focussed on where you are heading and ensure you are ready when you need it again. A banker will also look at your past credit history to gauge your reliability. It may also be a good idea to include some words in your plan asking the reader not to disclose the details of your plan. Organizational structure, use organization charts to clearly spell out the roles of key management people and the proposed size of your organization. There's no one guaranteed formula for writing an effective business plan. At the end of the day, this table should show you as providing the most value. Include your financial control systems, such as stock planning and managing debtors and creditors.