A business plan should always contain at least the following:

  • 3 or five year projections of costs and income, separating out capital and revenue items.
  • A cash flow for the first year of the project showing month by month expectation of cost and income timing.
  • An explanation of all the assumptions made in the projections regarding cost and income initial levels and increases over the period, the treatment of taxation issues, bad debts etc. If the project is part of an existing organisation’s business plan that already runs activities and programmes, the nature of the financial connections between them must be explicit.

It is also possible to set out here what social impacts or return will be achieved by the project.