Successful projects are Business-Plan led. A good Business Plan is very important to ensuring stakeholders and funders to back the project. It is also crucial for project promoters to ensure that the idea will work.
We will ensure that your Business Plan:
- is well thought through
- properly defines the project and its implications
- is not based on optimistic assumptions
- can support a planning application if relevant
- defines the project’s governance and staffing arrangements including the development team
- has a financial model supporting it – this needs to involve a profit & loss projection, cash flow and often balance sheet projection
- shows that the key assumptions are consistent with local and wider market conditions which are well researched
- has evaluated the risks and ways to mitigate them
- includes the project’s socio-economic impacts where relevant
- sets out a realistic timetable for the development of the project
