With over two decades of experience as a journalist and small business owner, he cares passionately about the issues facing businesses worldwide.
When you’re starting a business or planning to expand, having a business plan can help to get you on track and get some detail behind your ideas.
And if you’re looking for finance, then a business plan can make a difference.
Rebecca Mc Neil, MD for Business Lending and Enterprise at Barclays, says: “A strong plan can help applications for finance from a business loan to alternative forms of finance and investment.” Many people assume that a business plan will be a hefty document containing lots of facts and figures, but it doesn’t have to be.
Supple is a profitable Limited Company based in Ourtown.
It has grown from a one-man consulting company started in 2000 to a market leading software company whose main product, Product X, is sold through major retail channels.
Editor's Note: Looking for a business plan template or service for your business?
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Growth has come from patience, hard work, and quality of product and service. It has been financed by owner house equity, sweat equity, profits, and small bank lines of credit. For example, we have to recognize the unique capital requirements of a successful software publisher: our business is working-capital intensive.
We will always have to support two and three months worth of sales as receivables, because that is the nature of the channels we deal with.