Business plans in the UAE are inherently strategic

You start here, today, with certain resources and abilities. And you want to get to there, a point in the future (usually three to five years out), at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.

In many ways, your business plan is your roadmap. It not only guides you and other key stakeholders as you grow your business, but it also shows investors, lenders, or potential partners where your business is headed. A successful business doesn't come without a well-thought-out business plan.

A business plan describes the nature of the business, background information on the organization, the organization's financial projections, and the strategies it intends to implement to achieve the stated targets. In its entirety, this document that provides direction to the business.

Written business plans are often required to obtain a bank facilities, inviting equity investors.