A completed business plan is the written result of the planning process. The planning process enables you to take an objective look at your business idea, thinking through all aspects and examining the consequences of a range of strategies.

The process of preparing a business plan provides you with an opportunity to test your commitment and motivation. Once completed, it will provide the information needed by others to evaluate your business, especially if you will seek funding by way of a loan or a grant.

Useful Resources

• Aboriginal Tourism Australia's Financial Management Guide (click on the link marked 'Section 3') helps you write a simple business plan. This business plan includes a financial plan and a marketing plan.
• www.business.gov.au offers detailed information and templates for writing a business plan.