Editor's Note

Tuesday 3 July

Oliver Milman /

A business plan should be the central plank to your new venture, helping you stay on track and informing your strategy.

 

Arguably, with business uncertainty fuelled by carbon pricing, rising insolvencies and sluggish consumer spending, there’s never been a greater need for a solid plan.

However, many entrepreneurs either botch their business plan or fail to write one at all. Today, we speak to some leading start-ups about their business plan horror stories, as well as outline some top tips on how to craft an ideal road map for your enterprise.

Elsewhere, Villa and Hut founder Franz Madlener gives his tips on how to sustainably grow your business and we profile Priyanka Rao, who has managed to step out of the shadow of her family business to launch her online furniture start-up, Evolvex.

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