Do i need a business plan?

A business plan is a tool to outline the strategies, visions and goals in both the start-up and growth phase of your business. While it can be a helpful tool for you to be focused in your business, it is not a guarantee for success. Here are some tips to get started.

The business plan includes elements such as business concept and profile, vision and mission statements, economic assessments, cash flow assessments, marketing plan as well as short, medium and long-term goals.

A business plan is key tool for connecting with investors, business angels and coaches to give them a clear view of where your business is going.

Bid Network and their Rwandan partner, Ejo Partners (link to page) have some very useful business plan templates, which you can access if you create a profile on their page.

There are several trainings and support programs to develop and refine business plans for start-ups in Rwanda. Here are some of them:

Go here for useful tips on how to make a business plan.