If you don’t have a well researched business plan, you may still be able to start and grow a successful business – but it may never achieve its full potential. To do that, you need goals and a successful strategy that enables you to achieve them. Essentially, that’s what a sound business plan offers you. So, what are the key components of a successful business plan, how do you use it to grow your business and what are the classic business plan mistakes you need to avoid? 
Nicola McKenzie, co-founder of AI-enabled business plan platform <a href="https://ventureplanner.ai/?utm_source=startupdonut&utm_medium=website&utm_campaign=launch" rel="noopener noreferrer" target="_blank">Venture Planner</a>, provides the answers to these and other key business plan questions.
Show notes for the episode can be found on the <a href="https://www.startyourownbusinesspodcast.co.uk/" rel="noopener noreferrer" target="_blank">Start Your Own Business podcast website</a>. Find more help and advice on starting a business at <a href="https://www.startupdonut.co.uk/" rel="noopener noreferrer" target="_blank">Start Up Donut</a>.
This episode is brought to you thanks to the support of <a href="https://ventureplanner.ai/?utm_source=startupdonut&utm_medium=website&utm_campaign=launch" rel="noopener noreferrer" target="_blank">Venture Planner</a>. Designed to assist start-ups and small businesses, <a href="https://ventureplanner.ai/?utm_source=startupdonut&utm_medium=website&utm_campaign=launch" rel="noopener noreferrer" target="_blank">Venture Planner</a> utilises the power of AI-driven technology for tasks such as market research, financial projections, and document generation, aiming to streamline the business planning process. <a href="https://ventureplanner.ai/?utm_source=startupdonut&utm_medium=website&utm_campaign=launch" rel="noopener noreferrer" target="_blank">Get a free trial and 10% off when you sign up with code DONUT</a>.

How to create a brilliant business plan for your small business

If you don’t have a well researched business plan, you may still be able to start and grow a successful business – but it may never achieve its full potential. To do that, you need goals and a successful strategy that enables you to achieve them. Essentially, that’s what a sound business plan offers you. [&hellip;]

Start Your Own Business Episode #3

How to create a brilliant business plan for your small business