In Part 8 of our Guide to Writing a Business Plan we look at the ‘Conclusion’.
A business plan conclusion, doesn’t need to be very long, in fact, it can be pretty brief.
Your conclusion should; reiterate the opportunity, highlight the key strengths of your plan, summarise your vision, and remind the reader why your business is in a position to successfully execute the plan.
If you are looking to raise funding with your plan, you should detail the finance required.
Depending on who the plan is for, you could also include a ‘call-to-action’, telling the readers what they need to do next.
Add any Appendices
Finally, add any appendices that are relevant and strengthen your business plan.
You should put detailed information that supports your plan but is too ‘heavy’ to include in the main body, in an appendix. These could include things like; additional statistics, results of research that you have done, or maps.
Business Plan Conclusion Tips
- Be brief
- This is a good time to transmit your optimism without exaggerating
- Leave the reader feeling positive
Guide to Writing a Business Plan
To read about the other essential parts of a business plan go to the Guide to Writing a Business Plan Index. You can also find more help and tips on writing business plans in these other guides;
- Top 10 business planning tips for start-ups
- If you don’t need to raise funding, your business plan just needs these 4 things
- 10 Do’s and Don’ts of writing a business plan
- Why it’s important you plan your exit strategy before you start your business
- Perfecting your pitch: 10 Principles for entrepreneurs
- Writing a business plan to raise money from business angels
And for more on starting a new business, try these;
- 5 things you must do when you go self employed
- 10 advantages running your business as a limited company has over being a sole trader
- How to set up a limited company
- A Guide to ‘Alternative Finance’ – the new funding options for startups and small businesses
- How to choose the best online accounting software for your business
- Which types of business insurance are your new business legally required to have?
About EBP and Business Plan Designer
This Guide to Writing a Business Plan has been produced with EBP which has for the last 25 years developed software for businesses. Business Plan Designer was developed to provide a quick and easy software solution to guide users through the business plan process. You can download a trial version of the software here.