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Outlines the options and risks involved in setting up a business. This book shows how to avoid this failure by focusing on the planning stage and building on this framework as the business develops. It contains the underpinning factual information required to prepare a successful Business Plan for presentation to a bank manager.

Based around the Small Firms Enterprise Development Initiative (SFEDI) for first time owner-managers, this book outlines the options and risks involved in setting up a business. It is in line with the major syllabuses for Business Start-Up, and can be used as a course book for anyone completing a formal NVQ level 3 qualification in this area.