Business Plan
Businesses applying to the East of Scotland Investment Fund respectively require to submit an Application Form, Personal Statement Form accompanied by their up to date Business Plan.
The Application Form and Personal Statement Form are available for download here:
The Business Plan is an important element of your application seeking financial support and must be clear, concise and contain the following parts;
Executive Summary - a brief overview of company proposals
History, business and products - a brief description and history of the business, a description of the principal products or services, markets, applications, significant product advantages, features of current technology, proposed future developments
Market and competition - a description of specific markets to be targeted, size of market, major customers, expectation of price, quality and service, major competitors, market share sales forecasts for the next two years, pricing policy, promotion and advertising policy, firm orders or letters of intent from prospective customers and trends
Strategy and business development - a summary of the targets, new markets or products, expansion or acquisition plans
Management and organisation – descriptions of the management team, the company structure, management succession and human resources policy
Summary financials – historic financial summaries for the past three years along with financial projections covering a two year period to include cash flows, profit and loss accounts and balance sheets and the assumptions on which they are based. In the case of existing companies in addition to this the most recent accounts and if these are more than 3 months out of date the most recent management accounts
Appendices – for example the most recent accounts, financial projections, CVs of the management team SWOT analysis.
For further advice on your business plan please contact your local authority representative or Business Gateway.