1. Time to get back to it! It’s time to start our next component – 

Your Operations Plan

    1. . This is the second of three components in the second section of the Business Plan, 

Planning for Success

    1. . Each of these three components help us move our business idea forward. In the second, 

Your Operations Plan

    1. , we’ll be looking at how your business is going to be structured and also reviewing the formal responsibilities of a business owner. In this component we’ll be answering the key questions:
      1. What is my business type?
      2. What personnel will I need?
      3. What facilities and equipment do I need?
      4. What formal permissions are required?
      5. What will my operations costs be?
    2. By answering these questions, you’ll be able to put additional clarity around the type of business you will be operating and fill in the details that a reader may need to know. It will also demonstrate you understand your obligations as a business owner. We’ll take one question at a time over the next four activities. There is a downloadable worksheet below for you to use if you wish. Let’s get started.


The Your Operations Plan Worksheet

      1. The worksheet will help you organise your notes for this Component. The .pdf version can be printed out and written on, or else the .docx can be downloaded and edited. There is space to answer all the questions and exercises in the upcoming section. Alternatively, if you don’t have the facilities to print, you can just use a notebook.

    1.  or 

The Your Operations Plan Tip Sheet

      1. The Tip Sheet will give you a few extra ideas on the best way to approach this section.



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