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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The objectives and executive review provide an overview of the entire business plan.
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In this section of the business plan, we look at market analysis and demand analysis.
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In this section, we look at the environmental, company and competition analysis parts of the business plan.
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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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This section is very important as it provides a summary explaining why the plan will succeed.
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In this section, we look at the financial analysis section of the Business Plan.
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In this final section of the business plan, we present the conclusion.
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