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A good business plan should impress potential financial backers by clarifying aims, providing a blueprint for the future of your company and a benchmark against which to measure growth.
Part of Kogan Page's Business Success series, with over 50,000 copies sold worldwide, How to Prepare a Business Plan explains the whole process in accessible language and includes guidance on: producing cash flow forecasts and sample business plans; expanding a business; planning the borrowing; and monitoring business progress.
The author introduces several small businesses as case studies, analyses their business plans, monitors their progress and discusses their problems. How to Prepare a Business Plan helps new business owners to consider what they really want out of their business, and to map their own journey and gain a new understanding of their product's place in the market, as well as writing a business plan with the clarity, brevity and logic to keep bank managers interested and convinced. Whether looking to start up or expand, this practical advice will help anyone to prepare a plan that is tailored to the requirements of their business - one that will get the financial backing they need.
- Sales Rank: #2006811 in eBooks
- Published on: 2011-02-03
- Released on: 2011-02-03
- Format: Kindle eBook
Review
""An excellent choice for entrepreneurs and a top pick for community library business collections."" -- The Midwest Book Review
From the Publisher
Edward Blackwell is an accountant and consultant, specializing in advising small businesses. He is also co-author of The Small Business Action Kit(Kogan Page)
About the Author
Edward Blackwell is a consultant on small business affairs. A former accountant, he ran his own business for many years. How to Prepare a Business Plan has been translated into several different languages.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Tips to preparing a business plan
By Poppy J.
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.
0 of 0 people found the following review helpful.
The author is my father
By John Blackwell
Given the obvious conflict of interest, I would rather not have given a rating, though I think the book is very clear and useful. Others have thought so too: it has been published in many languages and on many continents, and continues to sell year after year, as the publishers keep asking my father to work on new editions.
The book is organized as a series of case studies (the names have been changed to protect the 'innocent') of people who started businesses, the problems they faced, their attempts (successful or otherwise) to cope with them, and their excitement as they realize they are actually succeeding.
The focus of the book is on how to write a business plan in such a way as to persuade a bank to lend you money. This is often one of the first problems a budding entrepreneur faces, which is fortunate because writing the plan forces him/her to think about the problems likely to face him, and to plan for success.
0 of 0 people found the following review helpful.
How to create the best business plan possible
By Midwest Book Review
Planning is invaluable; no one has ever maximized their business success by just winging it. "How to Prepare a Business Plan" is a scholarly handbook, taking a look at how to create the best business plan possible for one's company. Focusing on managing income and expenses, expanding, taking out loans, and meticulously watching for early warning signs of failure, "How to Prepare a Business Plan" is an excellent choice for entrepreneurs and a top pick for community library business collections.
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