The Benefits of a Focused Business Plan

A good business plan will help improve your chances of securing finance through focused, logical and comprehensive provision of information. To prove successful your business plan should include the following considerations: Accurate information  For businesses with well organised and up to date systems, the process of preparing a business plan is made much easier. Concise presentation Organised presentation of key factual information assists a bank to better understand the commercial proposition and potential risks attached to the business. Realistic assumptions Assumptions are the fundamental building blocks of any business plan. For example in the hotel and […]

Planning for Your Business in 2013

Lets take a look back and start planning for business in 2013… As we approach the Christmas break, for most businesses the rush is on to collect money from customers, pay money to suppliers and get all records etc up to date. We are also approaching the end of another year and now is the time to look back at the business for the year that has been. It’s a time to review performance as a whole, both the good and the bad, to ensure we capitalise on the positives and strive to improve the negatives […]