Tel. 01856 875417

Email. [email protected]

Sorton Partners

2 Scotts Road, Hatston, Kirkwall, Orkney KW15 1GR

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2 Scotts Road, Hatston, Kirkwall, Orkney KW15 1GR

Tel:01856 875417

Email:[email protected]

© Sorton Partners 2012

A business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts. It has many functions, from securing external funding to measuring success within your business.

There are many benefits to creating and managing a realistic business plan. Even if you just use it in-house, it can:

• help you spot potential pitfalls before they happen

• structure the financial side of your business efficiently

• focus your efforts on developing your business

• work as a measure of your success

                                                                              Read More

Business Planning

Resource One

 

Business Plan Guidelines

Resource Two

 

Business Plan Template

This template should be used in conjunction with the Business Plan Guidelines and the assistance of a business adviser. These guidelines are intended to introduce the various elements of a business plan and to assist clients in its completion following an initial meeting with a business adviser, they are not meant to be fully comprehensive instructions and it should also be remembered that, since they are general guidelines, some of the specific suggestions may not apply to your particular circumstances or business.

                                                                            Download Template

Resource Three

 

Business Plan

Financials

The Business Plan Financials are Cash flow statements (spread sheets) which forecast your cash balance and monthly cash flow patterns. The aim is to show that your business will have enough working capital to survive.

 

The profit and loss forecast (spread sheet) is a statement of the trading position of the business: the level of profit you expect to make, given your projected sales and the costs of providing goods and services and your overheads.

                                                                         

                                                                           Download Spread Sheets

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