Published at Wednesday, May 09th, 2018 - 09:05:11 AM. Template. By Jan Chapman.
Enables you to review the business as a whole as well as each important segment. Enables you to spot strengths and weaknesses. You can use these to leverage opportunities and far more importantly, decide on how you are going to cope with threats. You can then prepare contingency plans and measures to deal with the situation. Help you to spot the areas that need to be beefed up possibly with the help of outside expert opinion. Provides the basis for taking important long-term decisions such as applying for business loans, recruiting your key people and planning for infrastructure and facilities.
TA good template will delve into more detail here about your day to day operations of your business. You will be asked questions about business structure, either sole trader, partnership or company and why this is the best model for the success of the business. Where and how do intend to start your business? Explain issues such as insurances, licenses etc.
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