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Investopedia does not include all offers available in the marketplace. You can find templates online or come up with your business plan document. Business plans are essential to running your business and can help you secure the funding you need to start your operations. You can choose between a traditional or a lean business plan. The company reported net sales of $297.3 billion in 2021, driven primarily by its product segment. Businesses often require business plans before operations begin.
- Understand how the cost of living can affect how you deal with your debts.
- The United Kingdom has many prominent industries, a thriving start-up scene and one of the most important financial hubs in the world, London.
- Appendix — Once the above pieces are complete, end the document with an appendix summarizing your business plan.
- Funding is available for small businesses to help them