Creating a business plan

create business plan

A business plan needs to contain all the information that somebody would need in order to share your vision and also to understand the financial viability of the project. In particular your “break-even” point, best and and worst case scenarios.

A business plan often accompanies a finance application or is part of a proposal to potential investors. The plan could be read by people with a wide array of business skills and it is important therefore to make it as easy to understand as possible.

The Princes Trust offers a wealth of free information that would serve as a useful starting point

Or you could try a subscription service that was recently recommended to me by a regional business manager of a large national bank (we have not used this product at Darrall & Co so cannot endorse it specifically, but the reports derived from this service, that we have been shown, did look impressive):

For a wider read (that will bring you back to the Princes Trust resources) you could try this link:

If you would like some help throughout the process of writing a business plan please get in touch:

3 ways to CUT my accountancy fees

What can I do to CUT my accountancy fees?

Are you spending thousands and wondering “What can I do to CUT my accountancy fees?” then we have the answer.  There are 3 jobs you can do in order to make a big difference.

3 jobs that you can do that will REDUCE the amount of time spent by your accountant in compiling your accounts and the tax computation.

We appreciate that these jobs may seem obvious and maybe you are even doing some or all of these already. It is often the way that they are presented that can cause confusion and we are here to help if you want a second opinion or a helping hand.  Doing these 3 jobs really can save money, even if you employ Darrall & Co to do them for you before presenting the records to your accountant.

If you would like to know more about how to perform well in these jobs please contact us at:

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