What is a Business plan?

In a business plan you explain how you want to set up your company: you map out all the opportunities, competition and potential customers. Handy for yourself ... and for potential investors! A successful career as an entrepreneur starts with writing a business plan.

• Who are you, what is your idea and what needs are you going to meet?
• What does the market look like? Here you describe your target group and the competition.
• What is your marketing plan? Here you explain the different resources and develop a marketing mix.
• What does your financial plan look like? This part contains an overview of the expected turnover, the costs and of course the profit that you expect to make.
• Which general matters do you want to explain? These are all important matters that have not been mentioned yet, such as for example a patent, zoning plans or doing business abroad. 

In addition to a standard business plan, there are other forms of business plans, such as the Business Model Canvas. This is a business plan on 1 page in which you build your idea clearly with 9 building blocks. You can easily adjust this dynamic plan and grow with your company so that you can make adjustments quickly. You can find example canvases on the internet.

A business plan is useful for yourself, but also important for applying for financing. It allows our advisors to determine how we can help you with financing.

For a fluid application process, you can, in addition to your business plan, send the following two documents:

• The Income Tax return
• As much information as possible about the companies in the legal structure

10/2021