FAQ: I need to prepare a business plan, what is it and how do I prepare one?

A Business Plan is a working document for YOURSELF that reflects your business idea and the elements that will make it work. You typically will refer to it periodically to establish that the business is 'on-track' and identify if changes are necessary or desirable. If you intend to apply for funding, raise money through a bank or lease premises you will be asked to provide one.

Make an appointment with a  YBAC Small Business Adviser who will demonstrate how to prepare a business plan. An easy-to-use template is available for download in our Business Information & Download section - click here.