It will be of most value to students who are studying A-level Business Studies or GNVQ Business. No matter how big or small a business organisation some sort of plan is vital. Planning ahead is essential if you are to establish a successful enterprise. You need to set business objectives such as profits and growth and then gather information from market research. You need to analyse your information and set an action plan.
Financial planning is a core component of a new business.
Look at the Barclays web site - the Small Business Banking section. Answer the questions as truthfully as possible. Look in the advice section of the Barclays web site and answer the questions below. A business plan should include details of the legal status of the business. Use the Barclays web site 'business status' section.