Business Planning Tools

Business Plan Guide

Both start-up and existing businesses need to prepare a business plan regularly, whether to raise finance, attract investment or to plan for contingencies in the future. However for many people the task of writing the plan can be more than a little daunting.

Preparing your case for the Bank

Many business start-ups and existing businesses need the financial support of their banks. If you go badly prepared or even unprepared it will almost certainly weaken your case for financial support. A well prepared and presented proposal will give the bank confidence that you are in full control of your business proposals.

You will almost certainly be expected to produce either a full business plan or at least a Profit and Loss and/ or Cash Flow Forecast.

Just about all the high street banks have produced their own business planning finance packages. Our experience shows that these can sometimes be difficult to follow and so we have produced our own Business Planning Tools that you can download by clicking on the links below.

Template Business Plan

Profit and Loss Forecast

Cash Flow Forecast

Instructions for completing Financial Forecasts

For further information on legal advice, please visit The Law Society who provide the business community with access to legal advice, including issues such as Health & Safety, Employed Staff and Contracts.

Grants

Grants are available under the ‘Luton Grant Initiative’. They are only available for Luton residents and up to £1000 is available for those that are starting a business.

A £500 grant is available in combination with a Prince Trust Loan for those who meet the relevant criteria.

Wenta have a wealth of experience in obtaining funding for small businesses and can work with you to develop a business plan for submission to the Luton Grant Initiative panel. The panel make grant decisions on a monthly basis.

 

For more information about any of the above please contact us.