How to write a business plan

So, you want to start a business. What’s the first thing you do? That’s right, draw up your business plan. It’s the first step for any entrepreneur looking to launch a startup – any entrepreneur likely to succeed, that is. Check out our handy guide on how to write a business plan and give your startup the foundations it needs.

Have you done a SWOT analysis for your business yet?

SWOT stands for strengths, weaknesses, opportunities and threats. Assessing these aspects of your organisation is an effective way to rate your firm’s performance and work out how to drive your business forward. It’s also a very useful tool in preparation for raising finance or before bringing in business consultants. Here’s how to undertake a SWOT analysis and apply it to your business plan.