1. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Business Planning Peter McBride

2. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Sources www.businesslink.gov.uk starting up www.businesslink.gov.uk www.knowledge.hsbc.co.uk/plan/your+plan All major banks give guides Google gives 420,000,000 results for “Business Plans”

3. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Why Do I Need A Business Plan Every business starts with an idea Without vision the idea is just a dream Vision without a plan will not do anything A plan without actions will go nowhere Without results from actions the plan will never be realised and the idea will stay a dream.

4. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Types of Business Plan A Business Plan for yourself A Business Plan to raise funds The Business Plan competition

5. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Plan for Funding Front cover – name, address, title Contents page Intro / Summary The business Idea The MARKET The people – Team Finances Appendices

6. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Intro / Summary This may be your only chance of getting the attention of a funder Approx ½ page Brief history Brief description of product / service The “new” idea What funding is required and for what purpose

7. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk The Business /The Idea Story so far Intellectual Property Testing ?

8. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk The Market How does your product fit into the market Who is your customer USP Research Competition SWOT – Put in appendix Risks & Threats – how would you deal with them Route to Market Pricing Position

9. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk The Team Description of each member of the team detailing relevant skills and knowledge Details of outside assistance where this lends credibility

10. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Finances History – In theory 3 years accounts Just point out relevant details Financial projections – flex Show what monies are required and for what purpose Set out your own investment in the business Detail the financial information you intend to produce – management accounts

11. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Appendices CVs – Details Full accounts if available Research Surveys Test Results Intellectual property details Any other relevant back up information

12. T: 01530 413028 E: info@mcbrideconsultancy.co.uk W: www.mcbrideconsultancy.co.uk Do’s and Don’ts Correct spelling and grammar Professional layout Make it easy to read Don’t pad or waffle