Business planning is a critical step to starting your business.
Writing a business plan is one of the best ways to ensure you and your business is thoroughly prepared for what is to come. A business plan is also often a requirement when applying for finance or securing investors.
In preparing a business plan, you will need to consider what your business objectives are, your target market, what competitive advantage you have, your business and management structure and a financial forecast.
How to start developing a business plan for your business:
- Look at online resources such as business.gov.au’s Business plan template and guide .
- Contact the CBR Innovation Network for assistance in developing your plan.
- Undertake further training on business planning related topics. Find out more by visiting our event calendar or the CBR Innovation Network's event calendar .