Yes, if any of the following describes you: - You are a new business owner who is sourcing fund from a bank or an investor. Even if you do not need funding, you could need the plan to stay on track to achieve your business objectives. - If you have an existing business business but needs to develop a marketing strategy in line with your business objectives. - if you are a startup seeking funding or a blueprint to take off.
A business plan should be between 15 - 20 pages. Every relevant information concerning a business should contain within these pages.
A business plan should contain information about a business in the following sections: Executive summary, Business description, Operations/ Production plan, Management and team, Marketing plan, and Financial Projections.
If you do not know where to start, download one of our business plan templates as a guide.