Updating your business plan

You should view your business plan as a living document, a tool you use to run your business more effectively, not only for the start-up phase.

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Q&A: Business plan basics

A key task when starting up is drawing up a sound business plan that outlines your idea, strategy for achieving your aims and other key information.

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How to do a SWOT analysis

Use this checklist to help carry out a SWOT analysis, from identifying participants to discussing the points raised and creating an action plan.

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Start-up business plan: Top 10 tips

Writing a business plan can seem daunting if you've never done it before but you can't afford to put it off. Here's how to get it right.

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How to benchmark

Checklist on benchmarking: Select one or two activities to benchmark - typically, a few key processes and related key performance indicators.

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How to use performance indicators

Checklist on how to use performance indicators: Focus on the areas which affect profitability and cashflow: sales, costs and working capital.

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10 common start-up misconceptions

Some great ideas fail, while what appeared marginal businesses have enjoyed great success. So what mistaken beliefs do many new owners have?