To help you create a comprehensive business plan, this article helps you to dot the i's and cross the t's in regard to organising your business.
Think carefully about how you'll set up your company's administrative systems. Will you be doing this yourself or will you be hiring a bookkeeper or accountancy firm? If you're planning to farm this out, list your accountant's contact details.
General terms & conditions
Issuing general terms and conditions of business provides your customers clarity about matters such as delivery times and payment methods. State whether you've already drawn up your company's general terms and conditions. If you've opted not to draw up terms and conditions, then explain why.
Nobody likes unpleasant surprises. Proper insurance cover gives you peace of mind and in certain situations provides a stopgap if your income is adversely affected. Assess the risks and determine the costs of adequate insurance cover and clearly state which risks you intend to cover.
Explain clearly why you've opted to take on staff, and if so: