Page 36

Business planning Stage 6 step is business planning. Given that you will already have carried out a Feasibility Study and identified a potential market with the potential to help you to meet the social purpose that is motivating you, you should already have much of the information you will need to write a business plan. Before you begin, you should ensure that you take account of the following points:

You should have completed stages 1 to 5 before you begin writing the business plan. You should write your plan with your target audience in mind, e.g. the stakeholders or funding/finance bodies. You should always be clear and concise. Waffle wastes time. Remember to build in your critical success factors. It is extremely important to show that you have a ‘Plan B’. Expect to be challenged on your assumptions and ensure that you have evidence to back up your assertions.

68

69

Profile for Keith Murray

A Business Planning Guide for Social Enterprises  

The much loved Social Enterprise Planning Guide. Proving to be very popular. Brought to you by Forth Sector Development.

A Business Planning Guide for Social Enterprises  

The much loved Social Enterprise Planning Guide. Proving to be very popular. Brought to you by Forth Sector Development.

Profile for fs12pbl
Advertisement