How to set up and run a small business

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The following 8-part guide on how to write a business plan serves as an outline for anyone who is thinking of starting their own business, or improving an existing business.

The aim of this guide is to focus your ideas and create an easy-to-follow plan which can be shown to potential investors, bank managers and business partners.
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In Part 2 of our 8-Part Guide to Writing a Business Plan we look at The Objectives and Executive Summary.

Both, ‘The Objectives’ and ‘Executive Summary’ sections provide an overview of the entire business plan.
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In Part 3 of our 8-Part Guide to Writing a Business Plan we look at Market Analysis and Demand Analysis.
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In Part 4 of our 8-Part Guide to Writing a Business Plan, we look at the environmental, company and competition analysis parts of the business plan.
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In Part 5 of our 8-Part Guide to Writing a Business Plan we review the Marketing Strategy.

Once you have established the market, the competition and the factors that affect it you need to detail the strategy of how you will enter the market place.
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In Part 6 of our 8-Part Guide to Writing a Business Plan we look at ‘Success Factors’. This section is very important as it provides a summary explaining why the plan will succeed.
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In Part 7 of our 8-Part Guide to Writing a Business Plan, we look at the Financial Analysis and Finance sections of the Business Plan. Continue…

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In Part 8 of our Guide to Writing a Business Plan we look at the ‘Conclusion’. Continue…

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