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Careful and strategic financial planning will ensure you and your business are in the best place to respond to changes in your business and the wider economy.

Your business advisor or accountant can help you with a business plan and ensure you are establishing and maintaining the records you’ll need to keep track of your business.

Budgeting

Your business plan should include a budget that will help you meet your business’ financial goals.

A budget will set out the information you need to understand your current financial situation and plan for your future activity over the short and longer term.

Your budget will include an estimate of all income and expenses you are expecting over the projected period, from salaries to stationery.

Your business advisor or accountant can help you identify what should be included in your budget.
Profit and loss

Your financial statements show how your business has been operating in terms of its profits, cash flow, assets and liabilities and other factors.

A profit and loss report, also known as an ‘income statement’, shows how profitable your business is over a certain period – usually monthly, quarterly or annually. It can highlight where your business is working well, and any problem areas. If you have a board of directors, investors, advisors or a business banker, they’ll look at the profit and loss statement to assess the status of your business.

Planning templates

Use these free planning templates and guides to help you better plan, prepare, manage, and exit a business. Investing time into proper research and planning can help turn your ideas into reality, and prepare you for what’s to come.

Business plan

A business plan works as a guide when your business is operating; how you operate, planning the future and preparing for risks. It is also often a required document for finance applications.

Marketing plan

An effective marketing plan can help you set clear, realistic and measurable marketing objectives for your business. It can boost your customer base increasing your bottom line.

Emergency plan

Your business is critical to your financial wellbeing, so you’ll want to protect it as much as you can against emergencies and disasters.

Succession plan

Planning for the day you leave your business is a valuable investment.

Finance planning

Planning templates

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