Overview
A readable and structured guide for the increasing numbers of people each year who consider setting up a small business or becoming self-employed.
'Business Planning' outlines the options and risks involved in setting up a business. The importance of thorough planning is often overlooked and only becomes evident if the business fails. This is highlighted in a recent study by the SFEDI of 486 bankers and accountants where lack of planning was the most common reason cited as to why businesses fail. 'Business Planning' shows how to avoid this failure by focusing on the planning stage and building on this framework as the business develops.
This is the only book based around the Small Firms Enterprise Development Initiative (SFEDI) for first time owner-managers. It contains all the underpinning factual information required to prepare and present a successful Business Plan for presentation to a bank manager, or an alternative potential source of finance, or for use in an NVQ portfolio. It is in line with the major syllabuses for Business Start-Up, and can be used as a course book for anyone completing a formal NVQ level 3 qualification in this area, with tips on NVQ structure and assessment.
Audience: Owner managers and Future entrepreneurs. Particularly suitable for anyone on courses linked to SFEDI standards, including NVQ level 3 Business Planning.
Synopsis
Outlines options and risks involved in setting up a business, and shows how to avoid failure by focusing on the planning stage and building on this framework as the business develops. Offers factual information required to prepare a successful business plan for presentation to a bank manager or other source of finance, or for use in an NVQ portfolio. Material is based around the UK's Small Firms Enterprise Development Initiative for first time owner-managers, and can be used for a formal NVQ level 3 qualification. Butler teaches at South Kent College. Annotation c. Book News, Inc., Portland, OR