All businesses should have a business plan or written set of goals to guide the course of the business form start up to success story. This book defines the stops to developing a clear business plan and implementing the plan for any sized business. There is advice for small businesses, retail and catering, manufacturing, advice on how to expand a business, as well as information on how to maintain and update the plan and monitor the progress of the business plan.
There are sample statistical charges and ledgers, profit and loss accounts as well as sample case studies in each chapter. The author is from the UK, so the unit of money used is the GBP, but the samples are relevant to any company no matter what unit of currency is used.
The special sections include advice for someone starting a catering business for example, and the author goes over exactly what stops to take to start a new business. Lots of people have the dream to start a new business, and developing a business plan is the logical first step. There is a chapter on how not to write a business plan or how not to run a business. This chapter includes tips which encourage the new business owner to deermine how the money will be controlled.
Although there is an appendix at the end of the book, which includes useful UK based websites for new business owners, it might have been useful and helpful to provide blank templates as well for first time business plan writers. Creating a formal business plan takes time, and the plan may need to be revised after several years. When the business grows the mission and value statements should also be revised to reflect the values of the business if they have changed or need modification. This book is highly recommended for anyone starting a new business or wanting to develop a new plan for an existing business.