Setting up a new Business


Download free business plan templates and find help and advice on how to write your business plan.

Business plan templates

Download business plan template on The Prince's Trust website.

Business plan examples

Read example Business plan examples on the Bplans website.

How to write a business plan

Get detailed information about how to write a business plan

Why you need a business plan

A business plan is a written document that describes your business. It covers objectives, strategies, sales, marketing and financial forecasts.

A business plan helps you to:

  • clarify your business idea
  • spot potential problems
  • set out your goals
  • measure your progress

You'll need a business plan if you want to secure investment or a loan from a bank

It can also help to convince customers, suppliers and potential employees to support you.