Business Plan
A Business Plan is a systematic review of a business idea, the basis for the idea and how it should be implemented.
Business Plan
What is a Business Plan?
A business plan is a systematic review of a business idea, the basis for the idea and how it should be implemented. A business plan functions as a roadmap for your enterprise because it outlines the goals, details how you will organize day-to-day operations and plans to achieve those goals through clear procedures. Remember this – “Successful entrepreneurs leave as little as possible to chance”. Plan for every eventuality.
It is also a great way to introduce your business to potential investors, customers and suppliers so they have a clear understanding of your business and future plans.
Why is a Business Plan crucial?
Defines your long-term outlook
Solidifies your ideas by having them put down on paper
Increases the likelihood of success
Determines the connection between:
Required resources
Product/Service
Market
Customer base
Who to have in mind when writing a Business Plan?
Business owner(s) and business partners (if any)
Anyone who is interested in your business – suppliers, potential investors etc.
State, county, municipality
Employees
Customers
Lenders
Plan for success right from the start with these seven business criteria. Etableresenteret can help you with this.
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A clear description of the products/services offered by your company, follow-through plans for developing your business idea.
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Analysis of the industry market, customer base and competitors, and the development of your market profile.
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Developing your company´s sales goals, strategy for marketing your product/services and budget.
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Find the optimal company location, production, requirements and ensure a good ledger of goods and products.
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Determining the form of company incorporation (ENK,AS), employees, and accounting and tax (MVA) requirements.
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Financial and accounting set-up, liquidation budget and day-to-day financing.
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Your long-term goals
Useful links
Etableresenteret www.etablerersenteret.no
Brønnøysund Register www.brreg.no
Norwegian Customs www.toll.no
Altinn www.altinn.no/en
Skatteetaten skattetaten.no
NAV www.nav.no/en
Labour Inspection Authority www.arbeidstilsynet.no/en
Laws and legal requirements www.lovdata.no
Innovasjon Norge www.innovasjonnorge.no/en
Official website https://www.norge.no/en