It’s not mandatory but it’s a good idea to have a business plan, especially if you want to eventually seek investment into your business. It’s your roadmap of where you’re starting out and where you want your business to go. A business plan is essential for providing direction, securing financing, clarifying goals, identifying opportunities and risks, facilitating growth, improving efficiency, and attracting talent. It serves as a blueprint for your business's success and is a valuable tool for both strategic planning and day-to-day operations. So, is your business plan up-to-date? Do you even have one? Get in touch if you need help. #AccountancyAdvice #BusinessPlanAdvice #essexaccountant #supportingsmes #businessadviceuk #uktaxadvice #smallbusinessadvice #accountingfirm #leighonsea #leighonsealife #leighonseaessex #leighonseabusiness