Without a formal business plan, you're putting your entrepreneurial venture at a serious disadvantage. Having a plan in place helps you to formulate in your own mind what you want to achieve as an entrepreneur, ensure that you stick to your ambitions and convince investors to back your business.
In an exclusive four-part video discussion, entrepreneur and Dragons' Den panellist James Caan joins Kevin Hart, senior manager at Sage UK & Ireland; Mike Harding, senior manager at Lloyds TSB and Dan Martin, editor of BusinessZone.co.uk, to discuss the importance of business planning.
During the series, the panel provide insights into the best ways to present your plan, help to answer difficult questions from potential investors and offer guidance on how to identify gaps in your knowledge and skills so you are able to secure funding and make your business a success.
Part three, which can be watched below, gives detailed advice on how to come up with the key figures which are crucial to an investment attractive business plan.
Watch the video and then download your free Sage Planning for Business Software*
Download your free Sage business guides
* In association with Lloyds TSB
Watch the previous parts:
Part one: What is a business plan and why do you need it?
Part two: How to write a killer plan
Competition: To win a copy of James Caan's autobiography, click here
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