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limit or requirement for net profit in business plan

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Qasar Daniel
Junior Member
Posts: 61
Joined: Thu Feb 27, 2014 11:30 pm

limit or requirement for net profit in business plan

Post by Qasar Daniel » Sun Mar 16, 2014 4:18 pm

Can any one advise me how if there is any limit or requirement for the business to earn should be mentioned in Business plan....
many thanks

cpmlkhan
Member of Standing
Posts: 329
Joined: Mon Jan 13, 2014 11:59 am

Re: limit or requirement for net profit in business plan

Post by cpmlkhan » Mon Mar 17, 2014 1:16 pm

Nobody gave you answered yet but i will give you. There is no specific requirement. You should know better that what's your business nature & how much your annual sales is gonna be. Make sure you know very well what you are doing.
Things gone changed with HO about business plans.

businessplanwriteruk
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Posts: 1
Joined: Tue Mar 18, 2014 5:21 pm
Location: London
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Re: limit or requirement for net profit in business plan

Post by businessplanwriteruk » Tue Mar 18, 2014 5:49 pm

There is no specific limit or requirement for net profit. However and more importantly you need to have put together a comprehensive and detailed business plan that essentially demonstrates the viability of your business plan. Realistically many businesses do not make much profit in the first year of trading.

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