Business Plans & Cashflow Forecasts for a New Business

Launching a new business is an exciting time! It can also be a scary one though, as you make the transition from a regular salary to a time when monthly income becomes uncertain and unpredictable. Peace of mind at this stage will come from knowing as much as possible about the likely success of your new enterprise, and this assurance can come from exploring all avenues of possible research and producing a well considered Business Plan.

From a blank sheet, writing a business plan can be tricky, so we have a generic template to start you off, which will show you the various subjects that you should be considering, though there may well be more that relate to your specific business idea.

A clear business plan that is regularly reviewed against progress, rather than filed in a drawer, will allow you to see how you are progressing, and if you also have a cash flow forecast too, this will give you a really clear view of where the new business is going.

Used together with a cash flow forecast and a business plan should be some scenario planning or business modelling, which will enable you to review aspects of the business such as pricing and control of costs to be sure you are heading in the right direction.

Contact us now to talk about getting your new business starting off in the best possible way and with you having the most informed idea of the route you need to take to success!