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Be sure to document all of the assumptions you used in forecasting your revenues and expenses.
Before acting on this information, NAB recommends that you consider whether it is appropriate for your circumstances.
NAB recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.
It may initially seem like a lot of work; however a well prepared business plan can save you time and money in the long run.
There are no rules about what your plan should cover or the level of detail.
Effective business planning can be the key to your success.
A business plan can help you secure finance, prioritise your efforts and evaluate opportunities.
When you’re finished, one of our small business bankers would be happy to go over the plan and provide advice and guidance.
Download our business plan template (Word, 150KB) and get started.
Get Started on your business plan by downloading Small Business BC’s Business Plan Template and Cashflow Forecasting Tool.
Download Now No matter what stage of business, or what problem you face, Small Business BC offers a range of seminars and one-on-one advisory sessions to suit any business.