Marketing Plan
Title: Marketing Plan
Category: /Business & Economy/Marketing and Advertising
Details: Words: 10434 | Pages: 38 (approximately 235 words/page)
Marketing Plan
Category: /Business & Economy/Marketing and Advertising
Details: Words: 10434 | Pages: 38 (approximately 235 words/page)
11.1.Information about Business Planning
Why Write a Business Plan
The business plan is an essential business tool. It is a document that sets out how the co-operative will operate.
It will help you focus your ideas and should be produced whether or not you need to raise finance for your business.
It will clarify the objectives of the co-op. What do the members want from the co-operative and what are the benefits
By preparing financial
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wish to invest for a share of future profits.
Contact?
Bank Based Finance
Most banks have a long-term commitment to business growth and have a range of loans that can be tailored for various requirements. Overdraft facilities are generally available for working capital and will usually be reviewed annually.
Loans are generally for longer-term finance or asset purchases. One to twenty-five year terms are available.
The banks will assess three major areas:
Business viability
T