Here are 5 tips for how to make a business plan step by step

If you’re looking for how to make a business plan step by step, then you are in the right place! At Hudson Business Plans, we strive to help as many as we can in their business journey. Having a plan is important, and we are here to help you create yours. So, keep reading to find out how to make a business plan step by step.

How to make a business plan step by step

Step 1: Explain your company

Here’s our first point on how to make a business plan step by step. Break your company down by answering the following questions:

• What is your company?
• What do you plan to do?

This is the easiest way of showcasing the foundations of your business. You’ll need to describe your business within your business plan to give the reader a basic understanding. That’s before they delve into the more technical aspects. So, this works as a great introduction.

Step 2: Check out the market

It is important to do your research for your business plan. Part of this research is to do with your market and desired audience. You need to have a good understanding of which similar services/products are doing well and which aren’t. Plus, you’ll need to consider the most suitable audience for your business. This will need to be showcased within your business plan.

Step 3: Explain your structure

The third step for how to make a business plan step by step is to explain the structure of your business. This is in regard to teams and leadership. Will you have managers that lead individual teams? Who do the managers report to? Having a good understanding of your ideal team structure is important. It makes it easier to consider which roles are available for candidates and how organised the business is.

Step 4: Your products & services

One of the steps of how to make a business plan step by step is to explain what you do. This will be a more in-depth section about the services and/or products on offer.

Step 5: Organise your financials

Here’s our final point on how to make a business plan step by step. We advise having your finances in order. It is important that you understand how much money is going into the business, as well as profit expectations.

In summary

To wrap everything up, here’s a summary of our blog on how to make a business plan step by step.

Overall, any good business plan should include the following:

• An overview of the products/services
• Long-term goals
• How will you make a profit?
• Financials
• Audience/customers
• Any suppliers you may need for materials or other goods
• Short-term goals
• What issues have you recognised in your specific market?
• What solutions does your business offer?

In terms of how to make a business plan step by step:

1: Explain your company

2: Check out the market

3: Showcase your structure

4: Explain your products & services

5: Organise your financials.

Want to learn more about how to make a business plan step by step? Contact us and our experts can tell you more about the services we offer and how we can help you!

Our Services

At Hudson Business Plans, we offer a selection of services to help you grow your business.

Start Up Business Plans

For new businesses that want to grow.

We’ll use our extensive experience to produce a professional plan for your start-up business.

Traditional Business Plans

For businesses looking for an extra pair of hands.

Whether you want to attract investors or simply outline your objectives, we can help with Traditional Business Plans.

Grants Business Plans

Helping you secure grants and funding for your business.

Grants Business Plans will help organisations secure grants and funding opportunities.

Crowd Funding Business Plans

Helping you grow your business with crowd funding.

With Crowd Funding Business Plans, we’ll help you secure the funding you need to grow your business.

Bank Loan Business Plans

Helping you secure a bank loan for your business.

We’ll create a professional business plan to help you impress the lender and instil faith in your business.

Investor Ready Business Plans

Helping you attract investors.

Investor Ready Business Plans is designed to help you secure investment for your business, through compelling and robust planning.

Non-Profit Business Plans

For charities and non-profit organisations.

We’ll use our extensive experience in the third sector to produce a professional business plan for your non-profit organisation.

Immigration Business Plans

Helping organisations enter new markets.

Do you want to take your business overseas? We specialise in helping businesses start in the UK, and Immigration Business Plans will help you do just that.

Franchise Business Plans

Helping you open a new franchise.

Expand quicker and cost-effectively by opening a franchise with the help of our business planning experts.

Expansion Business Plans

Is now the time to take your business to the next level?

Expansion Business Plans was designed for businesses like yours. Take the next step with the help of our consultants.

Looking for funding opportunities?

Discover Grants is the UK’s most comprehensive grant tracking service. Find all the available UK business grants in one central portal.

Where can you find grants for businesses?

With our Discover Grants portal, finding commercial grants and funding opportunities for your business has never been easier. Our Opportunity Trackers scour over 1,500 data points, so you don’t have to.

How it works

Sign up for free! Use the Grant Tracker to access grants and funding from over 1,500 data streams.

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Send the application to our Grant Writers. Get a Grant Writing quote, sit back, and relax while we write and submit your application. Get in touch now!