| Commentary

129 The purpose of the business plan

| Commentary

E: THE BUSINESS PLAN

1: INTRODUCTION TO THE BUSINESS PLAN

129 The purpose of the business plan

To get a new business off the ground, the proprietors will need financial backing. How much is required, and of what type, will depend very much on how much capital the company needs to get up and running. Some businesses are obviously more capital-intensive than others, for example, those which require the acquisition of expensive assets. For instance, a manufacturing business is likely to need more in the way of capital than a business providing plumbing services to consumers in their own homes. Manufacturing will

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