The Business Plan
Completion requirements
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- 2c Evaluate the appropriateness of the different legal forms of business for various business contexts (CLO 3)
Introduction
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Learn why a business plan is essential for success and which sections are key. This page explains how a well-structured plan can inform decisions, attract investors, and establish a clear path for growth.
If you want to start a business, you must prepare a business plan. This essential document should tell the story of your business concept, provide an overview of the industry in which you will operate, describe the goods or services you will provide, identify your customers and proposed marketing activities, explain the qualifications of your management team, and state your projected income and borrowing needs.
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