What are business plans for?
Business plans are far more than written documents, which, in certain situations, can support a grant application to a potential funder. Good quality business plans can:
- Help organisations to define their objectives and targets in detail
- Encourage them to gather fresh knowledge about their service users
- Provide a detailed blueprint for developing projects and activities, and the means to monitor progress
- Provide valuable written information about your work and objectives for new staff, volunteers and trustees, and for external partners
- Help to promote your activities with certain groups in the community – e.g. local councillors and individual local authorities, assembly members and local business people