Develop your business plan
You need a business plan to start, grow or manage your business effectively. Use our free tool or template to develop your business plan.
Why you need a business plan
Whether you’re just starting or have been running your business for years, business planning is essential to your success.
Here are the main reasons to have a business plan.
It helps you prioritise
A business plan:
gives your business direction
defines your objectives
maps out how you’ll achieve your goals
helps you identify and manage possible risks.
It gives you control over your business
The business planning process helps you learn about the different things that could affect your success.
If you’re already in business, it helps you step back and look at what’s working and what you can improve on
It helps you get finance
If you’re seeking finance for your business, you’ll need to show banks and investors why they should invest in you.
A clear, convincing business plan helps investors see that you know what you’re doing and have a plan for success.
Use our business plan tool
Our tool helps you to develop a simple business plan to:
evaluate a new business idea
set some goals for the year ahead
keep your business on track.
