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Business Plan Guide Competitive Analysis
Start-up Expenses
Projected Balance Sheet
Break-Even Analysis
Cash Flow Forecast 12 Months
Profit and Loss Projection 12 Months
Sales Forecast 12 Months

Spend time nurturing your ideas and work them from several points of view. Look at how much you would like to sell, how much you think you can sell then look at what happens when you only achieve 25% of those sales. Can the business survive? Can you survive on those projections?

If you only consider that you will achieve your maximum you may find yourself in for a shock when it is tougher than you thought. But don't forget to plan for success also. If things go better than expected then it can be as tricky to manage as if it all goes wrong.

Make sure you do as much research as possible. It's absolutely critical that you understand and believe in your market and the more time and effort you spend on research will pay dividends further down the line.

If you need to get help – do it now. It is far easier to start right than ask for help to rectify a problem. We offer a range of planning services that will help with you starting a business, but you should also ask friends and acquaintances that have already had experience of setting up a business to help your work though it all.