If you already have a club development plan and are ready to go one step further, you may want to consider developing a business plan.
A business plan is a detailed document that clearly identifies the club’s current position and its opportunities for future growth. A business plan provides greater focus on the club’s financial position as well as income generation, funding and projects that will extend the club’s activities.
All clubs should be encouraged to plan for the future, but business planning is especially important for larger clubs who generate significant funds and, in particular, from non-member income.
When you’re drawing up a business plan, it’s worth thinking about the structure and legal status of your club and whether it still meets your needs.
Whether your club is large or small, it is always worth seeking professional guidance to assist you with your business plan.
Any templates or support available?
Business Wales and your National Governing Body will have further resources.