A business plan sets your path. It helps UK startups grow. Many use it for loans or goals.

What Is a Business Plan?
A business plan lists your goals. It shows how to reach them. It covers your firm, market, and money. In the UK, plans help with funding from banks or schemes like Start Up Loans. Keep it short for sole traders. Make it detailed for limited companies.

Why Create a Business Plan?
Plans guide your work. They spot risks early. They help get money. Banks need them for loans. Investors check them for facts. Update your plan each year. This keeps your firm on track. For budget help, see our small business budget guide.
Key Sections in a UK Business Plan
Most plans have these parts. Use them in order. Fill each with facts from research.
Executive Summary
Write this last. Sum up your plan in one page. Include your firm name. Add location and products. State your goals. Note funding needs. Keep it clear.
Company Description
Describe your firm. Pick your structure like sole trader or limited company. List owners. Explain what you sell. Note your skills. Add team details if you have staff.
Market Analysis
Research your field. Find market size. Check trends. Build customer profiles. List competitors. Use SWOT to show strengths and threats.
| SWOT Part | What to List |
|---|---|
| Strengths | Your edge over others. |
| Weaknesses | Areas to fix. |
| Opportunities | Market gaps. |
| Threats | Risks like new rivals. |
Products and Services
Detail your offers. Explain benefits. Set prices. Note how you make or get them. Plan for growth.
Marketing and Sales
Find your customers. Set sales goals. Pick channels like social media. Plan ads. Track results. For cash tips, read our cash flow post.
Operations
Plan daily work. Choose your base. List suppliers. Note equipment. Cover rules like health checks. Add staff roles.
Financial Projections
Show money plans. List startup costs. Forecast sales. Include cash flow. Add break-even point. Use spreadsheets. For invoice help, check our invoice guide.
Appendix
Add extra papers. Include charts or contracts. Keep main plan clean.
How to Write Your Plan
Start with research. Use free tools. Talk to customers. Write in short parts. Check facts. Get feedback. Use plain words. Aim for 15 to 30 pages.
Common Mistakes to Avoid
Skip no research. Make goals real. Cover risks. Fix errors. Do not guess numbers.
How Long Should It Be?
Keep it 15 to 35 pages. Short for small firms. Long for big funding.
When to Update?
Check each year. Change after big shifts. This keeps it fresh.
Free Template Outline
Use this as your base. Copy to a file. Fill in your info.
- Executive Summary
- Company Description
- Market Analysis
- Products and Services
- Marketing and Sales
- Operations
- Financial Projections
- Appendix
For more tips, visit our small business tips category.
Answers to Common Questions
- What to include? Goals, market, finances.
- Free download? Use GOV.UK links for basics.
- For startups? Yes, focus on funding.
- Examples? Check bank sites for samples.
- UK rules? Add tax and legal parts.
Seek free help. Use our free advice guide.
Final Thoughts
A good plan builds strong firms. Start small. Add details as you go. Your work pays off in growth. Stay focused for success.


