Exclusive video: James Caan talks business planning - Part one: What is a business plan and why do you need it?

  • Media: Video
  • Video featuring James Caan, panellist on BBC TV's Dragons' Den
  • Caan shares his expertise on business planning
  • Creating a business plan is crucial to success of any small business
  • A business plan is not a static document; it must be continually developed

Like it or not, without a business plan, your small company will be put at a serious disadvantage. By putting down on paper the direction you want to take with your business, you'll ensure you remain on track, achieve the success you want and attract that all important investment. A business plan should contain all the elements involved in your company and remember, it is not a static document; business planning is an ongoing process and should be constantly reviewed.

In the first part of a four part video series, Dragons' Den panellist James Caan joins BusinessZone.co.uk editor Dan Martin and other experts to discuss the importance of business planning. To kick off, the panellists focus on what is a business and why do you need it?

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