Write a business plan

A business plan is a written document that describes your business. It covers objectives, strategies, sales, marketing and financial forecasts. You can use it to:

• clarify your business idea
• spot potential problems
• set out your goals
• measure your progress

You’ll need a business plan if you want to secure investment or a loan from a bank. Read about the finance options available for businesses on the Business Finance Guide website.

It can also help to convince customers, suppliers and potential employees to support you.

How to write a business plan

Get detailed information about how to write a business plan on the Start Up Donut website.

Download a free business plan template on The King’s Trust website.

You can also download a free cash flow forecast template or a business plan template on the Start Up Loans website to help you manage your finances.