In the world of franchising, planning and research is one of the building blocks to a successful business. One important aspect of this groundwork is the business plan, a working document against which the company’s performance can be measured against budget and an essential requirement when discussing funding with a bank.
Prospective franchise owners can learn how to tackle this important document from banking experts at the Lloyds TSB Business Plan Clinic, a key feature at the British & International Franchise Exhibition taking place at Olympia, London, on Friday 18th and 19th March 2011.
A business plan is a useful tool to help gather thoughts and to set objectives for the business, especially when starting a new venture. A professionally prepared business plan can make a vital difference in negotiations with financiers.
The Lloyds TSB Business Plan Clinic is a key opportunity for franchise owners to gain free expert advice on this vital subject as well as have all their funding queries answered.