A business plan is required by any business owner who is looking for investors or funding of the business. The business plan contains information that is useful to potential investors, including: a background on the business, the strategic vision and goals of the business and the financial projections detailing how the business will reach these goals.
Many business owners outsource the drafting of the business plan to professionals, the problem with this is that the business plan completed is not always an accurate reflection of the business owner’s vision. This can result in miscommunication of the business owner’s idea and may lead to potential investors or funders getting the wrong message. This type of miscommunication can lead to the decline of a funding application at commercial banks.
Franchising Plus has developed an online tool to develop a business plan and the accompanying financial statements and projections – the Eezee Business Plan. This exciting new online tool will launch in August 2012.
How does it work?
Eezee Business Plan is an online tool therefore it can be used by anyone in South Africa, regardless of your location.
After registering on the website (http://www.eezeeplan.co.za) we will pre-screen your basic information to ensure that you would ordinarily meet the qualifying criteria for the required funding.
Thereafter you will be able to access a number of questions about your business, which you would need to answer comprehensively. Upon submitting your completed answers, they will be compiled, assessed and reviewed by franchising industry experts as well as a qualified Chartered Accountant. The end result will be a comprehensive business plan and application pack to provide to potential investors and funders who are looking to make a funding decision. You will have the benefit of contributing to the business plan in your own words and with your own vision, coupled with the overview of industry and financial experts – an Eezee Business Plan for yourself, but not by yourself!