Once seen as a luxury for larger, established corporate structures, business plans, feasibility studies and project studies are now more than ever a total necessity.

In the present economic climate, banks, investors and entrepreneurs wont even look at loaning or investing money without a professional plan / study.

Up until a few months ago even a cookie cutter "Template style" business plan was good enough.... NO LONGER. every lender or backer wants a professional, well researched, well documented, formal plan with a minimum of a 5 year cash-flow model, broken out, by line item, with P&L shown monthly over the extension of the model.  Normally the cash-flow model should be two years longer that the expected "Pay Back" / "Return on Investment". For example if you are looking to pay back the investment / loan in 3 years you need a 5 year model. If pay back is 10 years you need a 12 year model.

"Man never plans to fail, he only fails to plan" is as true now as it was when first penned by a Greek philosopher centuries ago. The statement has been part of Plans & Profiles Logo since 1976.