At Enterprise Renfrew County we don’t create your business plan for you. Our experienced business consultant offers free assistance and resources to help you write your own business plan.
Everyone has heard about a Business Plan, the hard work involved and the time it takes to properly complete one. But really, why do you need a Business Plan, why are they so important?
Well, a Business Plan is going to help you asses the risks of your new business and help you to set yourself achievable goals. Once you get numbers and ideas onto paper you and everyone involved with your business endeavors will get a clearer picture of how you are going to change your ideas into a operational business.
As you construct your Business Plan you will soon discover what works, your company’s strengths, weaknesses and some of your ideas and plans may develop in a totally different direction then you had planned.
What exactly is a Business Plan?
A business plan is a statement in words and numbers that explains what you want to do and how you will accomplish your objectives. It is a written report of the company’s finances, management, employees, products and marketing strategy. The Business Plan is an essential planning and tracking tool for both new and existing businesses. While the Business Plan can be used to obtain financing you need, it is also an important step to improving your chance of success.
Your Business Plan is your guide in the months ahead for you new and growing business. Your Business Plan needs to be reviewed and updated every few years, as your goals change so should your Business Plan!