Mattley23 started this topic @ 22:07 on 25/08/2003
Hi guys,
I have pretty much finalised my business plan to what I think is a good standard. The question I have is: what type of standard will a financing company, like a bank, expect my business plan to be in order to consider us for business loans etc...
I mean business plans can be long or short depending on what they will be used for but seeing as I have never needed to go to an outside source for capital before do not know how specific or detailed to make it, what stats or data to include etc...
Any help or advice would be great. Oh by the way our business is in clothing retail.
Matt
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Matt Giles
Shropshire Garage Conversions
UK DIY Forum
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RE: Finalising business plan for financing means
faz | 26/08/2003 10:31 AM
It has to focus on:
Products and Services
Key People
Market Research
Expenditure
Personal expenditure
Business expenditure
Start Up costs and ongoing costs
Cash Flow for 2-3 years with money in an out including everything sales in, cash out, VAT, insurance, Drawings rent, rates etc.
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F Khan