145.3 The business’s operations

The business plan should set out the business’s operational capabilities and any improvements which might be planned.

Starting with the location of the business, the plan should set out details of any business premises, explaining whether the business owns them or rents them, and in the latter case what long-term commitments it owes to the property. In addition, the plan should set out the advantages and disadvantages of the current location of the premises.

In relation to production of goods and services, the plan should state whether the business requires its own production facilities or whether it would

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