On Internet Business

Business Planning Resources round-up

Posted by Michael under Business Growth, Entrepreneur Resources

While there are many tools and information sources online, picking good resources to investigate your business potential can be make or break – here are some of our top picks:

Researching a new business

Scavenger gives you online access to hundreds of reports and guides relating to almost every kind of business from coffee shops to creative industries. You can use the scavenger site to find case studies and to explore what training you might need to succeed, what your customer base will look like and who the competition will be – it’s not free but the reports are affordable and it’s better to pay in advance to find out the facts than to pay with business failure by not knowing what you were up against.

Writing a business plan

A key to succeeding in business is having an accurate and informative business plan that will give you new business clear direction and ensure your spend your set-up time doing the right things. It’s vital to invest effort ensuring it’s strategically perfect. The Business Link website has comprehensive information on who a business plan should be aimed at, what it should contain and how to gather the information you need, as well as showing you how to lay it out.

Do the math

Bplan has a range of calculators that you can use for free, such as their cash-flow and break-even calculators and their start-up-costs estimator which tells you your likely capital start cost. There are also sample business plans to look at and some can be downloaded for free.

Investment angles and angels

If your start-up costs exceed your finance, or if your business is likely to need early investment of capital or expertise, Angel Deals is a virtual global network for the business community. It links entrepreneurs seeking funding and growth with investors seeking deal flow and people seeking work. It’s a one stop resource for every kind of investment.

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