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A Free Business Plan Example to Launch Your South African Business This free Business Plan example provides you with a sample business plan as well as guidance on how to write a business plan and important sections to include in your plan.

By Catherine Bristow Scott • May 28, 2019

You're reading Entrepreneur South Africa, an international franchise of Entrepreneur Media.

It pays to plan.

Research conducted by Harvard Business Review found that "entrepreneurs who write formal plans are 16% more likely to achieve viability than the otherwise identical non-planning entrepreneurs."

Simply put, writing a business plan could make the difference between business success and failure – which is why planning now could pay dividends as your business gets off the ground.

But where do you start when writing a business plan? In this comprehensive business plan example, we provide you with what to include in your business plan and a sample business plan to help you to create a compelling plan for your start-up.

1. Executive Summary

If you have seven seconds to make a strong first impression in person, an Executive Summary will be the make-or-break section of your business plan – so make this section count.

As a brief outline of your company's purpose and goals, the Executive Summary should generally take up 1 to 2 pages of your business plan. Some key components to include in your business plan are:

  • A company description
  • A brief summary of your products or services
  • The company objectives
  • A short but thorough overview of the market
  • A justification for viability, particularly "why now?"
  • A snapshot of your business's growth potential
  • A short description of the organisation team
  • Your marketing plan
  • Financial projections

Importantly, your Executive Summary must clearly depict the Problem, the Solution, and carry a sense of timeliness – why now should your business be considered as the solution to solve this problem.

NOTE: The following Business Plan Example is based on a fictional company. Figures will not reflect the exact financials of a similar company.

Example of a Business Plan Executive Summary

business plan in south africa

Snug Sneakers is a sneaker shoe range based in Cape Town that currently focuses exclusively on selling locally produced men's and women's custom sneakers.

The business was founded by David Smith and Stewart Bruce, who have both been working within the retail industry for over 20 years, David Smith, a serial entrepreneur has also founded successful brands – Creative Caps and women's cycling brand Pedal Power.

The brand is currently selling online, however has also recently diversified to selling in independent shoe shops.

The company is projecting to sell R2 million in year 1 and R8 million in three years' time. Additionally, there are expansion plans within year 2 to set up distribution networks in Johannesburg, and Durban in the early part of year 3.

Both David and Stewart are social entrepreneurs at heart and believe in providing sustainable jobs for impoverished communities.

As such, the company has started a recycling and training academy in Khayelitsha, where consumers can return old sneakers that are then repaired by Khayelitsha residents and donated to those in need of shoes. This also provides learners within the academy with shoe-making and recycling trade skills.

Industry research has shown that, on average SA consumers own 4 pairs of sneakers, with 4 in 4 consumers indicating that shoe fit and sizes vary across brands.

3 in 4 consumers indicated that their number one concern when purchasing is having to "settle' for the best fitting shoe, despite the fit not being 100% correct.

Based on these and additional industry research statistics, the company's sneaker products are driven to provide the best shoe fit, with the tagline of "shoes that fit so good, you'll never go barefoot again.'

The main competition to Snug Sneakers comes from 1 local brand, SuperStars, and 2 overseas brands Sassy Sneakers and Rock Your Sneakers.

Although SuperStars supports sustainable use of local manufacturers, the competitor does not provide custom fit sneakers. Sassy Sneakers and Rock Your Sneakers both offer custom fit sneakers, both brands are manufactured in China and do not promote sustainable, social conscious value propositions.

The primary means of marketing will mainly be focused on digital marketing, through evidence-based approaches, including search engine optimisation, Google Ads, Facebook Advertising as well as utilising social media channels that have proven very popular for the company, including Instagram, Pinterest and Facebook.

The locally sourced raw materials, which include cotton, rubber and leather, will be supplied from a sustainable cotton mill and tannery in the Limpopo Province.

Funding for the company was derived through the 2 founders, as well as private investment.

2. Business Overview and Objectives

business plan in south africa

Creating an overview of your business when you are already established makes it easier, but it may be a little harder when you're either just starting out or haven't even kicked off your operations yet.

When you're just starting out, think about your products and services as your starting point.

  • What will you be providing your market with?
  • How will you be sourcing/ producing these items?
  • What do you need to have in place before you can start selling your products?
  • Who will be distributing/ manufacturing your products?
  • Importantly, who will your target market or customer be?

In our example business plan, Snug Sneakers serves both retail and online customers, although the bulk of the business is through their online clientele.

This means that Snug Sneakers will need a secure e-commerce platform and a website that has carefully considered the user journey when buying custom sneakers.

The company will also need employees to assist with technical challenges, customer support, and warehouse staff for the packing and distribution of their products.

Similarly, you would need to consider the following when identifying their business objectives:

  • What industry will you operate in?
  • Who will be your customer?
  • What is the problem that you will be solving?
  • How will you solve this problem?
  • Where will my business be located?
  • What equipment and resources will I need within my business?
  • What type of employees do I need?
  • How will I differentiate my offering from my competitors?

After answering these questions, you will have a better understanding of what it is that you will be offering and what you need to make it happen. A summary of these points will make up your Business Overview and Objectives for your Business Plan.

Example of a Business Overview and Objectives

Snug Sneakers, based in Cape Town South Africa, is focused on providing sustainable, locally produced custom footwear to South Africa, and internationally through its e-commerce platform and local distributor network.

Founded by entrepreneurs David Smith and Stewart Bruce in December 2017, from Stewart's garage, Snug Sneakers grew exponentially within 1 year from 5 online purchases a month to an average of 200 per month within 12 months.

From the company's rapid growth, it became very clear to the founders that there is a gap in the South African market for locally produced, quality sneakers.

The founders' vision for Snug Sneakers is to become a socially conscious, sustainable brand that supports the South African economy by buying 80% locally produced raw materials.

Additionally, the duo noticed a gap in the market where consumers were looking for custom-fitted shoes and remain loyal to the brand that fit them best. To this end, Snug Sneakers offers a wide range of shoe sizes including quarter and half sizes to ensure that all customers find the right snug fit for their feet.

The overarching philosophy and ethos for the company are:

  • "Soul sneakers' that allow customers to purchase sneakers that promote social consciousness.
  • "South African sourced' sourcing locally produced raw materials that provide job sustainability.
  • Superior sneakers' ensuring that customers still get a high-quality product that outmatches popular brands in workmanship and quality.

Company Status

Snug Sneakers was registered as a PTY (Ltd) on 1 December 2017. The main directors are David Peter Smith and Stewart Owen Bruce. Company shares are held by the founders.

The company currently operates out of rented commercial property in Blackheath, Cape Town.

Company Objectives

Snug Sneakers is currently selling custom sneakers primarily through its online store https://www.snugsneakers.co.za , with market penetration nationally, and highest market penetration in Johannesburg and Cape Town. Sporadic orders have also been received from the USA and the United Kingdom.

The company has also partnered with 3 independent shoe and clothing retailers focused on selling locally-sourced South African apparel.

The company has identified a 2 phased upscaling approach for growing sales and operations:

  • Increase online sales by 40% within a 6-month period of 2019
  • Increase brick-and-mortar retail partnerships from 2 stores in Cape Town to an additional 4 stores in Johannesburg by year end.
  • Increase online sales by 50% by end of year 2020
  • Explore opening up a brick-and-mortar store in the Canal Walk Shopping Centre, Cape Town
  • Increase brick-and-mortar retail partnerships to include 1 store in Durban.

3. Products and Services

business plan in south africa

In this section, you will be unpacking your product and services offering, especially your key product differentiation from your competitors. Importantly, in this section you will also need to validate why your product is needed by your customers.

If you have applied for any patents, copyrights, or trademarks, you would also include these in this section.

Products and services that already exist may not need a deep analysis of what they are within your business plan.

However, if you're creating a completely new product or service (if you were the first Uber of the world), carefully detail in this section what your product is about, it's uses and the value it brings to the market so your readers will be able to evaluate the value of your product and services.

Some important aspects to cover include:

  • The anticipated timeline to bring your new product to the market.
  • What differentiates your product or service from those already available in the market.
  • What will your operating costs be and profit margins.
  • How will you source/ manufacture your product.
  • How will the product be distributed to customers.

Example of Products and Services

Snug Sneakers will provide a line of custom sneakers for both men and women. The main product lines include:

  • Casual Range: Everyday sneaker footwear
  • Active Range: Active gym range of sneakers
  • Fashion Forward Range: Formal but funky range of sneakers

Current pricing of the sneakers as follows:

  • Casual Range: R550
  • Active Range: R950
  • Fashion Forward Range: R850

Competition

There are three main competitors that have been identified within the market. These include:

Local competitor:

1. SuperStars 40% locally made raw materials, with 60% of the raw materials originating from China. The brand however does not provide custom-fit sneakers.

Foreign competitors:

2. Sassy Sneakers are based in Australia, with the product line produced in China. The company offers custom fit sizes, however customers have to pay extra for the custom fit and product quality is low.

3. Rock Your Sneakers is a US based company, with the product line produced in China. The company offers some custom fit sizes, however the sizes are limited and the product is only available to South African's online and with a long lead time to delivery.

Snug Sneakers products have a unique differentiator within the market:

  • A greater range of custom fit sizes ranging from ¼ - to half sizes as well as broad and narrow width ranges.
  • The company will be the only brand within South Africa to offer 80% locally manufactured sneakers.
  • Quality of the products is superior to the current locally-made competitor, due to locally sourced high-quality raw materials.

Future Products

The company has also been looking into introducing a line of sneaker care products to assist customers in increasing the longevity of their purchases.

4. Competitive and Market Analysis

business plan in south africa

Providing evidence that there is demand for your product or service is one of the most critical components of your business plan. Key to this is understanding your market and your competition within that market.

Embarking on market research requires you to have a deep understanding of what your market is and the opportunities inherent within it. You should be able to define:

  • Target Market. The types of customers you will be targeting with your product or service.
  • Market Need. If there is demand for your products and services and whether this is increasing or declining.
  • Competition. The positioning of your competitors in the market and how you will differentiate your offering from them.
  • Barriers to Entry. What will prevent someone else from providing the same offering or better.
  • Regulation. Regulations that will be applicable to the industry that your business will be operating in.

Example of a Market Analysis

Target market.

With our initial line of casual, active and fashion forward sneakers, we're looking to target the following consumer segment:

  • Age: 16 -36
  • Digital Savvy: Researching and shopping online is part of this customer's DNA. The target market is also very active on social media platforms such as Instagram, Pinterest and Facebook.
  • On Trend: Fashion forward and looking to illustrate their unique personalities, the target market is always looking for fashion to express their uniqueness.
  • Social Consciousness: The target market is proudly South African and are highly conscious of the socio-economic issues and have a keen desire to take part in improving the SA economy, uplifting communities and supporting local initiatives.

Market Need

According to a Global View Research Marketing Report, the global athletic and leisure footwear market size was valued at USD 67.8 billion in 2017. The report found that this value is expected to expand at a CAGR of over 8.0% from 2018 to 2025.

The ever-growing awareness with regards to the health benefits of sports and fitness activities, as well as an expanding retail e-commerce sector globally, including increasing levels of disposable income amongst millennials are estimated to be the key reasons for increasing market growth in this market.

Additionally, the Global Sneaker Market 2018 Industry Trends and Sales report found that although the global brands reported increased profit margins in 2017, these have decreased by 1.5% from 2016.

On the other hand, independent Sneaker retailers have reported a 15% increase in sales, particularly online, in 2017, indicating that consumers are moving away from global brands to pursue lesser known boutique footwear retailers.

  • SuperStars is based in Johannesburg and provides sneakers with 40% locally made raw materials, with 60% of the raw materials originating from China. The brand however does not provide custom-fit sneakers.
  • Sassy Sneakers are based in Australia, with the product line produced in China. The company offers custom fit sizes, however customers have to pay extra for the custom fit and product quality is low.
  • Rock Your Sneakers is a US based company, with the product line produced in China. The company offers some custom fit sizes, however the sizes are limited and the product is only available to South African's online and with a long lead time to delivery. (Repeated above)

5. Marketing/Sales Strategy

business plan in south africa

You're on the right track when you have established that there's a market for your product and service and you have identified who your target market is quantifiably, but how will your market segments know to look out for or even buy your product and services?

This is where your marketing and sales strategy comes into play.

A well-defined marketing strategy goes beyond simply advertising your product and service – it includes a deeper understanding of how your customers will view your brand, what is the best way to reach your customers, the benefits that your customer will receive from using your service or buying your product.

Your marketing strategy must also include the budget for your marketing and sales efforts, whether you will require sales staff to sell your products and offer post-sales support, as well as how you will measure your marketing and sales efforts to evaluate their effectiveness.

Example of a Marketing Strategy

Marketing plan.

  • Search Engine Optimisation : Our website pages will be optimised for search engine rankings, with the objective to rank within the top 3 search positions for keywords "custom sneakers", "custom size sneakers" and "custom made sneakers".
  • Paid Search : Snug Sneakers will be investing in Google Ads and Facebook Advertising and well as Programmatic Advertising to increase landing page conversion rates.
  • Social Media : We will be establishing a targeted social media strategy to increase followers across the social media platforms that have shown the highest engagement with the target market. High frequency posts will be created target at highest engagement times to increase engagement and brand awareness.
  • Business Network : We will partner with independent apparel and footwear retailers to drive link building and link sharing both on website and on social media.

Customer Value Proposition and Value Differentiator

Although there is one locally produced sneaker competitor within the market, the founders believe that the customer value proposition being brought to the market is a unique offering and therefore a strong differentiator within the market.

The founders are cognisant that without this differentiator, the only differentiator will be price, which will ultimately have a negative impact on profit margins.

As a unique differentiator and value proposition, Snug Sneakers provides customers with Sneakers with South African Sole, leveraging the Proudly South African heritage and support for local initiatives to help grow South Africa's job economy and promote community upskilling and learnership programmes.

Additionally, Snug Sneakers will ensure that the quality of the products far outweighs those of global brands manufacturing in China. The most important differentiator, however is the ability to custom size shoes to each individual's unique size requirements.

6. Staffing and Operations

business plan in south africa

Strategy is irrelevant without execution – which is where your Operations Plan comes into play in your business plan. How will you serve your customers, while keeping your operating costs low enough to make sufficient profitability?

Your Operations Plan will detail how you will manufacture, staff, fulfil and stock your products, including your day-to-day operational requirements. Ultimately, this section describes how you will run your business.

Some questions to answer in this section include:

  • Where will your operations be based?
  • What is your management structure?
  • What are your staffing requirements?
  • What equipment, facilities and supplies will you need?
  • How will you establish your suppliers?
  • What will be the operational changes required should your company grow?
  • What will your production methods entail?
  • How will you service/ deliver goods to customers?
  • What regulatory requirements must be in place? (Licences, permits etc.)
  • How will you manage your inventory levels?

Example of Staffing and Operations

Management team.

David Smith is a serial entrepreneur who founded successful and well-known brands Creative Caps and women's cycling apparel Pedal Power.

David graduated from Stellenbosch University with a B Comm in Economics and went on to study an MBA at GIBS Business School. David heads up Snug Sneakers as the Chief Executive Officer (CEO).

Stewart Bruce has worked in the retail industry as a Senior Designer for well-known retail brands, including Puma and Sketchers.

With over 20 years' experience in designing active and casual footwear, as well as sourcing and overseeing materials for the product range, Stewart brings excellent experience to the management mix as Chief Design Officer.

7. Financial Projections

business plan in south africa

The bottom line counts the most when it comes to writing your business plan.

Without the numbers to prove whether your business will be profitable or not, potential investors or lenders will have a difficult time objectively deciding if your business will be a sound investment.

Aside from persuading potential investors, crucially, the numbers that you have crunched will also indicate whether you have a viable business.

There are five basic reports or cash projections to include in your business plan:

  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Operating Budget
  • Break-Even Analysis

It's important to come up with credible financial projections for your business to illustrate that it is feasible.

One way to tackle this section is to break down the figures into various components, such as by sales channel or target market segment.

At this stage, you won't be able to supply exact figures, because you're still estimating your future financials, but by breaking down your guesses into components you will be able to determine a more realistic figure for each component, rather than hazarding guesses as a whole.

The business plan should be an ongoing, living document that can be used as your guide for running your business. It requires continuous adjustment as your business changes and grows.

Entrepreneur Staff

Sales Enablement - Content Division Manager

Catherine Bristow Scott is the Content Division Manager for Entrepreneur South Africa. With specialist expertise in developing SEO content, effective sales enablement content to drive lead generation, as well as digital strategy, Catherine brings an in-depth understanding of developing both written and video content to assist businesses in remaining competitive and growing their revenue.

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PRE-WRITTEN BUSINESS PLANS FOR SOUTH AFRICA (PDF, WORD AND EXCEL): COMPREHENSIVE VERSION, SHORT FUNDING/BANK LOAN VERSION AND AUTOMATED FINANCIAL STATEMENTS

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PRE-WRITTEN BUSINESS PLANS FOR SOUTH AFRICA (PDF, WORD AND EXCEL): COMPREHENSIVE VERSION, SHORT FUNDING/BANK LOAN VERSION AND AUTOMATED FINANCIAL STATEMENTS

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Our business plans will make it easier for you to launch and run a business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as the business plans will lay out all the costs involved in setting up and running the business. They are designed uniquely for the South African market.

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These business plans can be used for many purposes including:

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  • As a project proposal
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  • Finding a business partner
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CONTENTS OF THE SOUTH AFRICAN BUSINESS PLANS (PDF, WORD AND EXCEL)

All our pre-written plans include, but not limited to:

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  • Marketing Strategy
  • Risk Analysis
  • SWOT & PEST Analysis
  • Operational Requirements
  • Operational Strategy
  • Why some South Africans in that type of business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your business in South Africa

All our agriculture pre-written business plans include technical aspects of how to keep and rear the animals / farm the crops. They also include a mini-directory with contacts which will prove to be helpful in launching and running the business. E.g. for broiler poultry we will provide the contact details for South African suppliers of feeds, equipment, day old chicks, abattoirs, training companies etc)

The Business plan package consist of 4 files

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  • Business Plan Funding Version – Editable Word File (Short version for applying for a loan – between 35-50 pages)
  • Business Plan Automated Financial Statements – (Editable Excel file)

The financial statements are automated. This implies that you can change an item eg unit price, and all the other financial statements will automatically adjust to reflect the change.

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Download a Free Business Plan Template

What is a business plan.

The written plan of goals you want to achieve with your business, and how you want to achieve them, is called a business plan. It is a decision-making tool used when beginning or extending a venture.

Any new business requires a business plan to ensure that the business can make a profit. Fund-seeking entrepreneurs use a formal business plan to convince investors to contribute towards the capital of the business.

Existing businesses – looking to expand or change the business – also use business plans to prospect for new business, attract key employees or deal with suppliers. By revising their business plan regularly, existing companies can devise strategies to manage their companies better.

Most commonly, a business plan is used to apply for a bank loan to fund a business. To learn how to create a business plan for a bank in South Africa, see FNB and Standard Bank’s business plan guidelines. You can also download Standard Bank’s free business plan template in Word or PDF format.

A business plan consists of three primary parts:

  • The business concept – details about the industry, the structure of the business, the product or service and the strategy for the success of the business.
  • The marketplace section – an analytical description of potential customers and the strategy for achieving success against competitors.
  • The financial section – the income and cash flow statement, balance sheet and other financial information.

The length of a business plan varies depending on the nature of the business and the purpose of the business plan. Typically, a business plan is 15 to 20 pages long. It usually details the goals for the business for the next three to five years.

An important part of compiling a business plan is in-depth research into the market and industry. Try to gain as much insight into the market you are targeting by talking to business owners, suppliers, potential customers, existing customers, staff members, business experts, etc. Also, research the industry online.

Business plan format

Although there are several types, the key components of all business plans are essentially the same. The format varies based on who the intended reader of the business plan is. Here is an example of a standard business plan format:

1. Table of Contents (1 page)

The table of contents page should include the correct page numbers of the sections of the business plan. Therefore, it is best to write this page last. In addition to the table of contents page, the plan must also have a cover and a title page.

2.  Executive Summary (2 pages)

The purpose of the executive summary of a business plan is to entice the reader to read the rest of the plan. The executive summary is an overview of the key aspects of the plan. It should be compelling but also concise.

The executive summary should include:

  • the business concept (a description of the business, product, market and target market);
  • key financial aspects (sales, profits, cash flows, investment returns and capital requirements); and
  • a short company overview (type of company, date formed, owners and key personnel and achievements).

3. Company Overview (1 – 2 pages)

This section is a high-level overview of the company and the industry in which it operates. It is a description of the business, the product and the industry.

The following should be included in the company overview:

  • The name of the company and the type of ownership and registration;
  • Details about the business location (address, zoning, reason for choosing location, monthly rentals, etc.)
  • Significant assets and financial contributions to the business;
  • The mission statement of the business;
  • Company objectives and goals;
  • The main features of the industry in which the business will operate;
  • The most important company strengths and core competencies;
  • An explanation of the product, target market and profitability of the plan.

4. The Opportunity, Industry and Market Description (2 – 3 pages)

The research you conducted will come into play in this section. This section offers a detailed explanation of the market and industry and the business’ position therein.

They key is to determine who your target market is through a market analysis. Then clearly explain how your products/services will fulfil the needs of your target market. A market analysis also helps to determine pricing, distribution strategies and growth potential within the industry.

Describe the following:

  • The opportunity – the gap in the market;
  • The industry – the forces affecting the industry (i.e. obstacles to entry, customers, suppliers, substitute products and competition); and
  • The market – insights into the target market (i.e. size, growth and trends).

5. Strategy (1-2 pages)

Detail your positioning strategy and how the business will compete in the chosen market. In other words, what is unique about your product/service and how will the target market benefit from what you have to offer.

6. Business Model Explanation (1 page)

The business model depicts how the business will make money/profit. A business model covers the following aspects:

  • Sources of revenue;
  • Costs involved in generating the revenue;
  • The profitability of the business (revenue minus costs);
  • The investment required to get the business up and running; and
  • Success factors and assumptions for making the profit model work.

7. Management and Organisation (2 pages)

The biographies of the members of your management team and their roles in the business. Who will be responsible for running the business and why are they well-suited to the task?

This section should include:

  • The founders of the company and their qualifications and experience;
  • The day-to-day management team and their individual competencies and responsibilities;
  • The type of support staff needed to run the business; and
  • An organisational chart to show the management hierarchy.

8. Marketing Plan (2 – 3 pages)

The marketing plan is a comprehensive explanation of your marketing strategy. In other words, how will you sell your service/product to your target market?

Your marketing plan should include:

  • The value of your product/service to customers;
  • A detailed description of the target market;
  • How you want your target market to perceive your product/service;
  • The pricing strategy for the product/service;
  • Sales and distribution channels that will be used to get the product/service to the customer; and
  • The promotion strategy (budget, public relations activities, promotions, advertising, etc.).

9. Operational Plan (2 pages)

The operational plan is a description of how the business will function. Include a description of the following:

  • The operating cycle – how the business will deliver the service or create and sell the product;
  • How skills and materials will be sourced;
  • Which tasks will be outsourced and how business relationships will be managed; and
  • The cash payment cycle of the business.

10. Financial Plan (3 – 5 pages)

A very important part of any business plan is the financial plan. It is a reasonable projection of the company’s financial future.

A good financial plan will determine how much capital the business needs to launch and/or grow. This section is especially important to potential investors and banks – who will determine the odds for the continued survival of the company based on this information.

A financial plan should include:

  • Start-up expenses and capital: What it would cost to start/grow the company and how the money will be generated.
  • Profit and loss projections/income statement : Financial sales and expenses projections (i.e. income, cost of goods, gross profit margin, net profit, total expenses, etc.).
  • Cash flow projection: Reflects how much cash will be needed to cover expenses and when it will be needed. The cash flow projection amounts to a profit or loss at the end of each month or year.
  • A balance sheet: A summary of the business’ equity, assets and liabilities.
  • A break-even calculation

Income statements and cash flow projections must be generated for every month of the first year, every quarter of the second year and annually for every year thereafter. The balance sheet is only generated on an annual basis.

Short summaries of the analyses of the income statement, cash flow projection and balance sheet must also be included. Do not include too much detail in this section. Additional projections, charts and calculations must be added to the Appendix.

11. Appendix

Additional reference documents are included in the appendix. This could include:

  • Brochures and advertising materials;
  • Industry studies and market research;
  • Plans and blueprints;
  • Photos and maps of location;
  • Magazine or other articles;
  • Detailed lists of equipment owned or to be purchased;
  • Copies of leases and contracts;
  • Letters of support from future customers;
  • List of assets available as collateral for a loan; and/or
  • Detailed financial calculations and projections.

Find more business plan examples and templates from Entrepreneur Magazine .

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Business Plans

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How to write a business plan in south africa [ free template].

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It is never too early to start planning for your business! This blog post is all about writing a business plan in South Africa. 

We will discuss the various sections of the plan, and how to fill them out. There are also plenty of resources at the end that will help you get started on this important process.

Table of Contents

What is a business plan? 

A business plan is a written, formal strategy that outlines your goals and how to achieve them.

Even the smallest companies need some kind of plan for their future success. 

It is like prepping before you go on vacation: you are not guaranteed any problems will happen, but it helps if you know where all the closest gas stations are just in case there’s an issue with getting more fuel.

The same principle applies here: writing a business plan in South Africa gives you time to think through everything and make sure nothing slips between the cracks.

Why do you need a business plan? 

Business plans give you a chance to assess your company’s strengths and weaknesses. 

When it comes down to the nitty-gritty, business planning is all about making sure that you are prepared for anything in this unpredictable world of entrepreneurship.

What should I include? 

There isn’t one standard format for every company; however, most plans follow these general guidelines: 

  • Executive Summary 
  • Company Description 
  • Mission & Goals Strategies 
  • Financials Appendix 

If sounds intimidating or confusing don’t worry! We’ll go over each section in detail.

How To Write a Business Plan in South Africa

What is an executive summary .

The executive summary is a high-level overview of your business plan, and it’s one of the first things people will see when they are reading through your business plan in South Africa. 

This section needs to be short (about two or three pages) but comprehensive; that means you should include all the critical information here while still keeping it interesting for readers. 

It should do four important jobs: 

  • Introduce yourself and your company 
  • Give background on why you started this project 
  • Describe what you want to accomplish with this document 
  • Highlight any challenges ahead 

Remember, if someone were deciding whether or not to read further, would their decision change based on what they learned from the executive summary alone?

What goes in the company description? 

The company description is a little more detailed than an overview, but not quite as long or involved as the rest of your business plan in South Africa.

In this section, you will want to state what industry you are in and why it is important (how does this help customers?). 

You should also describe how big your market is , where your competition lies, and who will be buying from you.

What do I put in my mission statement? 

Your mission statement highlights your goals for expanding into new markets/products/services. 

It includes details on why exactly yours is a worthwhile venture. 

Think about the reason behind setting up shop: if someone approached you with funding tomorrow would that have anything to do with why you started doing whatever it is you do? 

If not, then your mission statement might need some work.

What are strategies and how should I use them? 

Strategies detail the steps you’re taking to accomplish your goals! 

These can range from building a team to developing new products. 

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You don’t want to get too specific here; that is what the financial section is for–strategies are more about giving yourself time management tools so you know when milestones will be reached! 

It also helps if these plans have an element of flexibility in case something unexpected happens along the way.

How much does it cost? 

The final sections of your business plan in South Africa involve numbers: revenue projections, expenses, etc. 

There isn’t one standard format or formula but there are plenty of resources available on how to calculate them. 

Basically, you want your financial section to show how the business will make money and what it will cost to run it!

What else do I need? 

Your business plan in South Africa should also include a cover page (with all of these details on there as well) and an appendix for additional information such as market research or employee resumes. 

With so much involved in creating a successful business plan in South Africa, don’t be afraid if this stage takes a while–just remember that once you have got everything together you are really one step closer to making your dreams come true.

When do you need a business plan?

  • You need a business plan if you are;
  • Seeking funding, investments, or loans
  • Searching for a new partner or co-founder
  • Attracting, hiring, and retaining top talent
  • Experiencing slow growth and need a change

Tips to write a business plan in South Africa that will stand out

A). easy to read.

Make sure your business plan is easy to read and the sections flow together. 

Showcase lots of visuals and charts – these will keep readers’ attention ! 

The goal here isn’t just about getting people interested in what you’re doing, it’s about convincing them that they should invest or buy into your idea too.

b). Keep it brief

Don’t go overboard with the length of your business plan! 

A page a day doesn’t seem like much but by month’s end, you’ll have a sixty-page document that will turn off all but the most dedicated readers. 

Just give enough information to paint a picture and then let it shine through the action

c). Be smart about what you include

The financial section is going to be one of, if not THE most important part of your business plan–don’t forget that! 

It needs concise explanations as well as relevant numbers; don’t just write down random expenses or revenue projections (unless this is how you actually work) because these things need context in order for someone reading this document now to understand them later on when they’re doing their own calculations.

Remember that a business plan in South Africa isn’t just about making your idea look great, it is also about getting you closer to achieving the goals YOU set out for yourself.

Be confident in what you’ve written and make sure any feedback from readers is constructive rather than telling them they should have done something differently if there wasn’t a reason why they did it this way instead.

d). Proofread!

Nothing is worse than typos or grammatical errors in a business plan–it makes you look unprofessional and careless. 

Make sure everything has been double-checked before submitting! 

Remember that this document should be your guiding light throughout the entire process so take care of it as best you can to ensure it’s always working for YOU rather than against you.

Business plan template in South Africa

Even if you don’t plan to seek investments, it is good to write a business plan. There are other reasons for this, use this business plan template in South Africa:

  • Writing out your goals helps you see what you want to accomplish. You can make more of a plan for what to do next.
  • It is a chance to better understand your market (e.g., demographics, behaviors)
  • You can make sure that everyone on your team is doing their job. Set up the roles for each person and tell them how to do these jobs. Make sure you set goals for each person.
  • Team members can also refer to the document to stay on track
  • Catching errors before they happen is important. It helps you make sure financial projections are accurate.
  • You’ll be able to see the problems that could come up in the future.

Final thoughts on how to write a business plan in South Africa

Writing a business plan can be tough, but it’s also one of the most important steps in starting your own company. 

Remember to take care of every aspect and don’t let anyone tell you that their way is the only way.

It doesn’t matter if this is your first time writing or your fiftieth–just make sure everything comes together as soon as possible so you can actually get started on building YOUR empire!

Free business plan template

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Fill in the form to get a free business plan template as an editable PDF. We’ll send a one-pager and a multi-pager to choose from.

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Getting started with the business plan template

We’ll send you two types of business plan template – a one-pager and a multi-pager. Choose the one that’s right for you. They come with instructions to help fill them out.

Doing a business plan will improve your idea. It helps you think about your business from different points of view. The process will flag up unseen risks, but also new opportunities. Aside from helping refine your idea, a business plan will move it forward. It’ll give you a concrete set of steps to go from ‘I should’ to ‘I did’.

One-page business plan template

Great for making a start

Helps you pin down the main idea

Easy to update as things evolve

Multi-page business plan template

Ideal for nailing down the details

Required by most investors and lenders

Good if you face big startup costs

Tips to help with your business plan

Don’t obsess over every detail to start with. That will make the plan long and hard to change. Keep it short and concise initially.

Financing your business

Need cash to get going? Check out our finance guide.

How to finance your business

Starting a business

Check out our guide for information about getting started.

How to start a business

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Xero does not provide accounting, tax, business or legal advice. This template has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business.

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Download a Business Plan Template

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Business Plan Template by Being Boss and FreshBooks

So, you’re ready to take the first steps in starting your business – congratulations!

Though you have a lot of work ahead of you, starting and growing a company from the ground up is a bold endeavor. And, if set up correctly it will deliver many things you want out of your professional career, as well as help you achieve some life goals.

Freedom, creativity, control, impact… all of these things are possible with a small business. But only if you start with a clear understanding of yourself, your offering, and the customers you serve.

So, how do you make sure that the business you start will be everything you want it to be? To put you on the right path towards the business you’ve always dreamed of, you need to start with a business plan.

business plan in south africa

To many, building a business plan sounds like a daunting task, but with big ideas and even bigger goals, it’s an important step to ensure you have a clear picture of what kind of company you’re building. A business plan helps you lay a foundation and iron out the details so you have a succinct short-term and long-term idea of what you’re building. If you’re not sure where to start business plan template documents can help.

business plan in south africa

What Is a Business Plan Template and How Can It Help You?

A business plan template is a basic framework for building a powerful business plan document for your new company. With a business plan template, you get a head start on identifying key elements of your business. By identifying these key elements, your path becomes clear and easier to navigate. A business planning template can take many forms, from a series of questions about your skills, offering, customers, and goals to a sample document where you can store information for the kind of company you wish to build.

Whatever the format, a business planner template guides your business planning to keep you focused, help you get clear, and creates a structure for bringing your new ideas into a concise document to guide your actions, as well as present your plans to people you might approach for help, such as investors.

business plan in south africa

Why Do You Need a Business Plan?

To begin, simply writing a business plan is a wonderful way to find clarity, purpose, and a path for your new company, because if we know anything about entrepreneurs, it’s this: you have a gazillion ideas and goals for your new venture. A business plan helps you hone in on the most important and relevant ideas for your new company, and helps you organize those thoughts into a usable plan.

Beyond finding clarity and organizing your ideas, your business plan is a place where you set goals for yourself and your business, as well as predict any struggles you may face to reach those goals. Additionally, business plans lay out a clear strategy for reaching those goals, setting you on the right path from the very beginning.

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Also, there are several key elements you must understand about your new business before you begin. You need to have a clear understanding of the products and services you offer, who your dream customers are (aka your target market), and who your competitors are (through doing a market analysis). You also need to see if your business idea is even viable by doing financial projections, which will determine if the product or service you offer is actually capable of creating enough income (aka revenue) to cover expenses (aka cost).

Because an offering that doesn’t make money isn’t a business, it’s a hobby. With all of this information laid out, business plans act as a concise rundown of all the major parts of your business, which you’ll use to go from idea to small business and beyond. This detailed summary of the business you’re starting includes a plan for actually making it happen. Trust us: there’s a bit of magic that comes from getting clear on these aspects of your new business because from clarity comes power, and with power… nothing will stand in your way.

How to Structure a Business Plan

A business plan that you’re using for your own clarity and purposes can look like anything you want – include the elements that are important to you, write it on a series of napkins if you want to, or add as much creative flair as you need to inspire you to get it done. Then get started with your business. The important thing is that you simply get it down “on paper” so that you have the information you need to effectively provide the product or service of your business to those in your target market so that you can begin reaching your goals.

But, if you’re wishing to seek funding for your new business, whether that’s from a bank, from an investor, or even from your family, it’s very important that you have a plan with a clear structure and with key elements presented. That way not only you will find clarity in the direction and purpose of your new business, but others can see it as well.

A traditional business plan begins with a broad overview of your new company, including your business mission and goals, and moves into being more detailed, with your first steps of action, along with plenty of information in between. Your plan is a product of lots of research about your industry, your ideal customer, and your offerings. It also represents in-depth planning, by outlining your skills and how you’ll grow them, how much it’s going to cost to get started, and financial projections for your first years. This plan will come together in a single document with clear organization that you can access anytime to keep you focused on taking just the right next step on your path.

business plan in south africa

What Goes Into a Business Plan?

There are several key elements that go into a complete and thorough business plan. With these elements, you have a complete picture of the company you’re here to start, which will become an invaluable resource as you begin taking your first steps, as well as when you begin checking-in in the coming months and even years. These elements include:

1. EXECUTIVE SUMMARY

Think of your executive summary as your birds-eye view of your company. It’s a summary of all other elements included in your business plan, and is the first (and sometimes only) element looked at by investors.

2. MISSION + VISION

Why are you starting your business? What do you imagine it being in 5 years? In this section of your business plan you share the reasons behind your business and where you see it going in the near and distant future.

Laying out clear goals for your business will give you context for all the work ahead. Think about business and life goals, and create goals for the short-term (6-12 months), mid-term (12-24 months), and long-term (24 months +).

Business Plan Template

4. SKILLS + EXPERIENCE

Think of this section as a personal resume; what skills and experience do you have that will be relevant for this venture, but also what skills do you need to grow or gain to make you a valuable asset to your new business?

5. PRODUCTS/SERVICES

Now we begin getting to the meat of business plans: a clear description of your products and/or services, including what they are and how you will be delivering them to your clients or customers. This should include description, deliverables, benefits for your customers, and price.

6. TARGET MARKET

You know what you’re doing, but who are you doing it for? Getting very clear on your dream customers, the group or groups of people you will be serving with your business is an important element for shaping your product or service correctly, as well as marketing effectively.

7. INDUSTRY/COMPETITION

An understanding of your industry (24-hour gyms, or bakeries, or web developers) and your competition is important to crafting the right product or service, and making sure your idea is viable.

8. OPERATIONAL PLANS

In order to get your business off the ground, what do you need? Perhaps it’s a few hires, or sourcing some information or products; whatever you need, this is where you lay it out.

9. MARKETING PLAN

With a full layout of what you’re selling and who you’re selling it to, it’s time to get an understanding of how you’ll get your offering in front of the right people with a clear marketing plan.

10. SALES FORECAST/FINANCIAL PROJECTIONS

How effectively do you think your marketing will be? How long will it take for you to meet your goals? Through financial projects, you’re able to see the work you have to do to meet your version of success.

11. START-UP EXPENSES

Finally, what do you need to get the ball rolling? A clear understanding of your start-up expenses is imperative for jumpstarting your business towards success.

business plan in south africa

Find Your Community

You’re on your way! Being the boss of a business you built for yourself is highly gratifying, especially when your actions align with your values, which is what this business plan template will help you do. And if you need help fleshing it out, let me walk you through it step-by-step in this special episode of the Being Boss podcast.

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One of our core services is our Expert  Business Valuation and Financial Modelling Service  that we offer to entrepreneurs and business executives of small- to medium-sized companies.

Need to Reach New Heights in Your Business? JTB Consulting can Help!

Immigration Business Plan Service. Business Plans for Visa Applications.

Immigration and Visa Business Plans must meet specific requirements and deliverables under different country immigration programs. Our team knows the ins and outs of these programs.

We ensure that all criteria are met, improving the chances of success, and providing our clients with the best possible outcome for their application. 

Our experience speaks for itself. 

With a 98% recommendation rate , a 4.9 out of 5 rating on Google , and a growing international client base, JTB Consulting is the highly recommended choice for serious entrepreneurs.

Expert Business Plan Writing from the JTB Business Plan Writers: Your Key to Funding Success

What are the benefits of hiring a professional business planner.

Whether writing  Business Plans in South Africa or other global markets, all funders and investors require  Professional Business Plans .

Therefore, it is critical to understand the importance of having World-Class Business Plans , whether one uses them to apply for funding or as an internal tool to guide one’s business strategy. 

Writing a Business Plan doesn’t have to be a dreadful task. Therefore, we have prepared this informative explainer video to guide you in choosing a Business Plan Company .

Insights from JTB Consulting.

There is no need to ask, “Who is the Best  Business Plan Writer Near Me ?”  JTB has been ― and remains ― the Business Planner of Choice for Serious Entrepreneurs since 2006.  Check out our Blog for great tips and free advice to guide your startup and business journey.

The Feasibility Study In 2022, Is Your Business Idea Feasible

When you do a Feasibility Study, you Must Ask These 20 Questions

SWOT Analysis and 50 Urgent Questions to Ask (Our Free Checklist) from JTB Consulting

50 Important Questions to Ask in Your SWOT Analysis

Consulting Firms in South Africa How to Choose the Right One

Small Business Consulting: How to Improve Your Organisation’s Performance

Startup CEO ― Exploring the Critical Duties of the CEO in 2023

Exploring the 7 Duties of a Startup CEO in 2024

Business Ideas in South Africa JTB Consulting's 2023 Guide

45+ Business Ideas for Success in South Africa: JTB Consulting’s 2024 Guide

What is a Business Plan and its Difference from a Financial Plan?

How does a Financial Plan Differ from a Business Plan?

Our clients are very impressed. see what they have to say about us..

These written testimonials are examples of the client feedback we have received.

Be sure to visit our LinkedIn profile for Professional Recommendations and our Google business profile for 5-Star Reviews received from past clients.

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Do it all with a comprehensive business plan

A business plan is a roadmap of your business. It details how your business wants to achieve its goals and should include its operational, financial and marketing strategies.

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A good business plan should answer the following questions

  • What type of business do I want to run - will I be selling products, services, or both?
  • What products or services will I be selling?
  • Will the business be manufacturing products or buying them from a manufacturer?
  • Will I be in business by myself or in a partnership?
  • How will the business be funded?
  • What market will the business be serving - in other words, who are my customers?
  • Who are my competitors and how will I overcome competition to succeed?

You can use a standard format to draft a business plan

  • Business details - include the name of the business and/or trading name as well as the physical address.
  • Business overview - describe what your business is all about.
  • Business operations - state what you sell as well as how and who you will sell to.
  • Business environment - describe factors that will impact your business, like; sales, customers and debtors.
  • Sales and customers - describe in detail your sales projections, the number of customers you want to attract and their locations.
  • Debtors - state how you will deal with customers when it comes to credit.
  • Creditors/Suppliers - describe how you will relate with suppliers when it comes to payment and deliveries.
  • Competitors - identify your key competitors and describe your competitive advantage over them.
  • Financial review - for a start-up this may not apply but for established businesses include your financial reports, your business’s current financial position and your financial plans going forward.

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Business Plan Template for Small Businesses

This Business Plan template can help you with the following – formulate a clear statement of your business mission and vision, put together a roadmap and timetable for achieving your goals and objectives and clear description of your marketing strategies. (Courtesy: New Discovery Business Solutions)

business plan in south africa

Your business plan is the blue-print of your business and provides a roadmap for future development. Your business plan holds a clear statement of your business mission and vision and provides a roadmap and timetable for achieving your goals and objectives

Download the Business Plan template to:

  • Test out a new idea to see if it holds real promise of success
  • Help you obtain financing and attract potential investors
  • Identify and arrange strategic alliances

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Starting your own business

The  Small Enterprise Development Agency  (Seda) provides business development and support services for small enterprises.

Seda will give you all the information you need to start a business , including how to write a business plan, and once you have a business, to grow it.

The Department of Labour has useful tips for  self-employment .

Funding for various types of businesses is available through the  Industrial Development Corporation  or the Department of Trade and Industry's  Government Investment Incentives .

Registering a business

The  South Africa Government Services  website has information on registering a business in all official languages.

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Business Plan in 1-Week

Get your Business Plan set up by a Business Plan Specialist in South Africa. Tender & Funding Application Ready. All Industries.

Starting @ R3490 once-off.

Register Now OR Get Free Consultation

A business plan is a written document that describes the operational and financial objectives of a business and outlines how it is going to practically achieve its goals. It is normally prepared by a Business Plan Writer. A professional business plan in South Africa also enables you to apply for outside financing / funding.

Our Business Plan Packages comply with SEDA, SEFA, Dti, NEF, IDC, Private Financial Institutes and Bank Requirements in SA.

Get your business plan service today, crafted by our expert business plan consultants, with these great inclusions:, business plan for small business, perfect for start-ups & smes..

  • 20 - 30 Pages
  • Professional Business Plan Layout
  • 12-Month Financial Projections*
  • Market Analysis & Customer Segmentation
  • Industry Analysis & Trends
  • Competitor Analysis
  • Business Model Description
  • Competitive Advantage & Unique Selling Points
  • Professional SWOT Analysis (Strengths and Weaknesses, Opportunities and Threats)
  • Click to view example of a Business Plan for a SMME

R3490 Once-Off

*Upgrade to 5-Year Financial Projection available at additional cost.

Specialised business plans prepared by our business plan writer for SA Companies

Our Industry Specific Business Plans

Most construction tenders require you to submit a construction business plan. certain governmental regulating bodies also requires a specific industry related business plan. for example psira. , construction business plan, construction & building.

  • 20 - 30 Pages Business Plan
  • Professional Looking Layout
  • 5-Year Financial Projections
  • Construction Market Analysis
  • Customer Segmentation
  • Construction Industry Analysis
  • Construction Industry Trends
  • Your Competitive Advantage & Unique Selling Points
  • Professional SWOT Analysis

R4490 Once-Off

Security business plan, psira's required format.

  • 25 Pages Business Plan
  • Security Market Analysis
  • Security Industry Analysis
  • Security Industry Trends

Agriculture Business Plan

Farming & agriculture industry.

  • Agriculture Market Analysis
  • Agriculture Industry Analysis
  • Agriculture Industry Trends

R3990 Once-Off

Cleaning business plan, cleaning industry.

  • Cleaning Industry Analysis
  • Cleaning Industry Trends

NOTE: We can assist with ALL Industries including, Restaurants, Coffee Shops, Real-Estate and much more.

Specialised Business Plan

The specialised business plan includes everything you find in a professional & industry specific plan, plus these great inclusions:.

Our Business Plan Consultant will craft a specialized business plan based on your industry.

  • 60 - 80 Pages
  • Specialised Plan Layout
  • In-Depth Market Research
  • TAM (Total Addressable Market)
  • WTP (Customer Willing to Pay)
  • MRS (Market Revenue Size)
  • In-Depth Company Model Analysis.
  • In-Depth Business Strategy
  • In-Depth Marketing & Sales Strategy
  • A Competitive Advantage Analysis
  • SWOT and PESTEL Analysis

R19990 Once-Off

Get compliant from anywhere, easy and fast.

business plan services offered by professionals at company partners, with several industry specific business plan packages

50 000+ Clients assisted since 2006

Company Partners assists South Africa’s Entrepreneurs to become registered, empowered, and grow into sustainable businesses. Specialising in company registration and compliance since 2006, we have expanded our expertise to include accounting, payroll and website design.

We begin with a free consultation, offering tailored support to align with your business objectives. Our 120 compliance services include Shelf Companies, COIDA, Imports/Exports, Business Plans, VAT, and others.

We are dedicated to providing the tools and guidance necessary for businesses to develop and thrive over the long term.

We are here to help you succeed!

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Free Consultation

Free Consultation with a Compliance Specialist to assess exactly what you need.

business plan in south africa

Over 120 Services

Full-Scale Compliance Services for all industries, as well as Monthly Tax, Accounting and Payroll Packages.

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Startup Business Kit

Free Training for SA’s Entrepreneurs through our free start-up videos and paid business coaching.

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Online Tracking

Secure Online Tracking System for all your Company Compliance (free).

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If we cannot assist you, you are guaranteed your money back.

What our Clients say!

4,5 out of 5 from 322 Google Reviews

Over 1000 testimonials and counting. Click here to view more

Frequently Asked Questions

What is the purpose of a business plan.

It is a document prepared by a Specialist Consultant / Writer (who has a comprehensive understanding of companies) that outlines and summarises the financial and operational objectives of the company and practically describes how the company will achieve its goals.

call us toll free and get help from a business plan specialist

Do I really need a Business Plan?

In simple terms, yes. Not considering the compliance aspect and funding opportunities. The process of the business plan will allow you to have a better understanding of exactly how you are going to start and grow your company to be successful.

What are the Advantages of a Business Plan?

1) A game plan . A business plan can be considered to be a roadmap for the company. It will allow for focus and direction towards one goal, although things may change in the first few months – the end goal will be known.

2) Compliance . Depending on what your company will be supplying, be it service or product, many governmental regulating bodies will request a formal business plan for the specific industry. You can read more about various Company Compliance – here

3) Financing & Funding . To be eligible for funding, investors will want to know all about your company. They will look for things such as who your target market is and, ultimately, whether your business is profitable. A business plan outlines all these points.

Is a Plan necessary if I'm not looking for funding?

Many entrepreneurs are under the impression that a professional plan is purely for financial funding, this is however not the case. At the onset of your venture, a comprehensive plan will help you get a realistic picture of your capabilities and viable strategies. Once your business is off the ground and thriving the way in which you intended it to, your business plan will allow for direction and guidance to continue to thrive.

Meet our Specialist:

Brend Badenhorst has written over 500 business plans for existing and new companies all over South Africa – He is a SETA Business Facilitator with a team of dedicated specialists. They will walk you through the entire process and ensure that you have the correct plan for your company.

We will setup your Plan according to the regulations of:

  • All major South African Banks.
  • Funding Institutes in South Africa.
  • Government Tenders / Contracts in SA.
  • The National Industry Regulators like PSIRA.

Signup for a Free Consultation and speak to a Business Plan Specialist today!

If you are looking for a business plan south africa call us toll free to discuss business plan for small business

Our Plans are designed according to the regulations of:

  • Finance / Funding Institutes in South Africa.
  • South African Banks (FNB / Standard bank / Nedbank / ABSA). We are Official Partners of Nedbank.
  • South African and Government Tenders / Contracts.
  • The National Industry Regulator.

Apply above to speak to a Specialist today!

Will I get funding?

We do not guarantee funding. We provide you with a business plan document which is one of the documents required to apply for funding. You can learn more about becoming funding ready in our informative article which was published on Bizcommunity.

Speak to our professional business consultants to help with getting you funding ready today.

Contact our professional business plan writers, in South Africa, toll free.

Are business plans highly visual?

They are by no means filled with graphics and images, however at certain sections or parts of the plan displaying graphics is highly beneficial to convey a message. At Company Partners, we understand that a visually appealing business plan can be more engaging. Including graphs, charts, and relevant images can help in effectively communicating key data and strategies, making your business plan stand out.

How much does a business plan cost?

The cost varies depending on whether you’re doing it yourself or hiring a professional like Company Partners. We offer tailored services that can accommodate different budgets, ensuring quality and strategic insight. A professionally created plan for a Small Business of approximately 20+ pages will cost R3490.

How can I write a business plan?

Start by defining your business idea, conducting thorough market research, and detailing your marketing and operational strategies. If you have trouble organizing all these different elements into one single document, don’t be afraid to look for quality free templates online. You can also view the Company Partners example to act as a guide you through this process, ensuring that your plan is comprehensive and tailored to the South African market.

What makes a good business plan?

A good plan is clear, concise, and detailed, with a strong emphasis on market analysis and financial projections. The professionals which view your business plan to make a decision whether to invest or fund you needs to have a clear picture of your trajectory and if their investment/money will be well spent. Company Partners ensures that your plan is adaptable and strategically aligned with your business goals.

What is a business plan consultant?

A consultant, like those at Company Partners, specializes in assisting businesses to create strategic and effective business plans. The specialist consultants have years of experience through working in companies to give them an in-depth understanding of how it works. Our experts bring this in-depth knowledge of market trends and financial modelling into the writing process.

Call Company Partners toll free for assistance with your business plan from R3490

Can I hire someone to write my plan?

Yes, and Company Partners offers this service. Our experienced consultants can craft a plan that aligns with your vision and market requirements, providing valuable insights and expertise. The best of all is that we can help anywhere in South Africa.

Should a business plan include a SWOT analysis?

Including a SWOT (strengths, weaknesses, opportunities, and threats) analysis is crucial as it provides insights into your business’s competitive position. A SWOT analysis remains a very effective tool to analyse your company. Company Partners can help you identify these key factors, ensuring a well-rounded and strategic business plan.

What is the difference between a Business Plan and a Company Profile?

The purpose of a Company Profile is to furnish a comprehensive outline of your organization. A biography highlights both personal and professional accomplishments.

A business plan encompasses strategies pertaining to marketing, sales, and operations and used to apply for Funding and Industry regulators.

business plan in south africa

Business Plan Now

We have assisted more than 3900 Entrepreneurs since 2019.

Business plans for start-ups.

Starting from R299.00   for a Complete Business Plan, with 5 Year Financials

No Questionnaires and No Waiting

1. Choose your business plan 2. Select & Pay 3. Download your chosen plan 4. Only CHANGE your personal & business details, where indicated in document

What are you purchasing?

Click to view example, ready-made, professionally-written comprehensive business plans made for south africa..

Choose from one of our startup business plans, and finish your business plan within hours, not days.

How Does The Business Plan Writing Services Work?

We made it easy simply choose a business plan that works for you., 1. choose your business plan.

We have created business plans for most of the popular industries. Browse our topics to find out more

2. Select & Pay

Select the business plan that works for you. Complete the checkout process to receive your download link.

3. Download & Edit

Download your BUSINESS PLAN as a Microsoft Word® document and update the personal and business sections with your detail.

WHY USE OUR SERVICES?

Detailed  business plans.

Business plans available through BusinessPlanNow.co.za was created with the sole focus on helping entrepreneurs and startups in South Africa to make their dreams a reality.

When starting a new business the two things you can’t afford to waste is your time and money.

Starting your business with a well-crafted, detail business plan will help you to stay on track with your goals and if needed secure funding from banks, government or investors.

The business plans we created are industry and business specific, as practised in South Africa. Each industry we create a business plan for is researched and tailored for the specific business needs.

Our detailed business plans will give you a blueprint that will assist you to set up your new business correctly and operate it successfully.

Completed  Business Plan

The business plans we create includes financial projections, market research, and compelling writing, everything you need to apply for a bank loan, pitch to an investor or qualify for government funding. We know what your plan needs to be successful!

Every plan we create includes the following:

  • 48-56 Pages
  • 5 Year Financial Forecast
  • 5 Year Sales, Expenses and Cash Flow Analysis.
  • Confidentiality Agreement
  • Executive Summary
  • Opportunity, Industry & Market
  • Company Description
  • Products & Service
  • Team – Management Team & Organisation
  • Marketing Strategy
  • Operational Plan

Get a Professionally-Written Business Plan.

  • Track Orders
  • Shopping Bag

business plan in south africa

MYSME TM

021 834 9799

Need A Business Plan?

We assist with specialist Business Plans , Feasibility Studies and Company Profiles for funding applications at government institutes, banks and private funders.

Our committed team of business plan and feasibility study specialists works closely with business owners to craft successful business plans, feasibility studies and financial projections . 

My SME™ is the first South African company to create Business Plan Software for Africa.

My SME™ a ccreditations

We are an  IMCSA acccredited business coaching institute (My SME™ accreditation number: 073PIMC).

We are a SAIPA accredited accounting practice (SAIPA membership number: 49629).

business plan in south africa

Business Plan Services

We assist with specialist business plans for funding applications, tenders / contracts applications and lease agreements., comprehensive business plan.

(14 – 21 Working Days)

Our Comprehensive Business Plan option is tailored for small to medium businesses seeking funding or tender opportunities. The comprehensive business plan includes a well-structured layout , market research , a detailed competitor analysis , and a 5-year financial projection.

  • 40 – 60 pages.
  • 5-year Financial Projection.
  • Comprehensive Market Research.
  • Comprehensive  Competitor Analysis.
  • Comprehensive  Business Model Analysis.
  • Comprehensive  SWOT & PESTEL Analysis.

Specialised Business Plan

Our S pecialised Business Plan is tailored for established businesses pursuing funding or tender opportunities. The specialised business plan option includes an advanced business plan layout , in-depth market research , business model analysis ,  specialised business strategy , and detailed marketing & sales strategies , and a 5-year financial projection.

  • 60  –  80 pages.
  • All the Advantages of the Comprehensive.
  • 5 Year Financial Projections.
  • Advanced Market Research.
  • TAM (Total Addressable Market).
  • WTP (Customer Willing to Pay).
  • MRS (Market Revenue Size).
  • Advanced Business Model Analysis.
  • Advanced Business Strategy.
  • Advanced Marketing & Sales Strategy.
  • A Competitive Advantage Analysis.
  • SWOT and PESTEL Analysis.

Feasibility Study

from R49,990

Our Advanced Feasibility Study is tailored for established businesses seeking a comprehensive analysis of project viability , to determine whether the project or venture is likely to succeed. Our feasibility study is done online and is accessible all over South Africa. It includes an executive summary , detailed description of products/services , a SWOT analysis, PESTEL analysis, Porter’s five forces analysis, and presents analytical findings with recommendations to aid in informed decision-making.

  • An Executive Summary.
  • A Growth Plan.
  • A Project Description
  • Vision and Mission Statement.
  • A Business Model.
  • An Industry Analysis.
  • A Market Analysis.
  • The Industry Big Players.
  • A Competitor Analysis.
  • A Description of Your Products / Services.
  • Marketing Strategy.
  • Sales Strategy.
  • A 5 Year Financial Projection Analysis.
  • Findings and Recommendations.

business plan in south africa

What an awesome company and experience. Prompt, on time, flexible, yet sooooo professional…..  Even my wife does not know how my mind works. Yet Business Plan Pro® could put my vision into paper in an amazing way….. Looking good. Thanks Kayleen and Nicole. Looking forward to the rest of our journey together.

Louis Lubbe Managing Director of Lubbe Projects & Company (Pty) Ltd.

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Business Plan Pro® will give you the best Business Plan, with that said I can stand on the edge of a cliff on a windy day for you to prove me wrong, I had a very close deadline when I gave them my information, in fact with my little knowledge on business planning I thought they would fumble so I panicked and gave them every single bit of information I had and I couldn’t sleep worrying about whether I won’t find them the next day 😂😭🤣, well they are legit & you can sleep peacefully, they truly exceeded my expectations. BEST BUSINESS PLAN IN SA so far. Braaaaaah The level of research I saw in that business plan I realized I didn’t know my business 😩🤣

Success Ngcobo

From day one of contacting Business Plan Pro® I received five star service. I was even happier with their delivery. There’s no doubt I will be using Business Plan Pro® again in future. Anyone who needs their service should not hesitate. Business Plan Pro® is simply the best. Thank you once again!

Boitumelo Ralenala

Thanks Business Plan Pro® for Quality, Prompt and Professional service and uber presentation of the Business Plan. Keep it up!

Ashraf Patel  Managing Director of Baobab Green Tech (Pty) Ltd.

Get Started

Learn more about our business plans.

Please let us know if you have a question, want to leave a comment, or would like further information.

Our Business Plan Services will empower you to apply for funding and grow your business from good to great!

My sme™ is a trusted business plan advisor.

See how My SME™ assisted Coco Vogue (Pty) Ltd. to get funding and secure a lease agreement.

business plan in south africa

Learn more about our Business Plan Services!

business plan in south africa

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BUSINESS PLANS

Advantages of working with us.

We offer guidance to help you develop your ideas into profitable and fundable business ventures. With years of experience working closely with major Funding Organizations in South Africa, we understand the criteria and formats they require and advise you accordingly. Moreover, with a Master of Economics, Dagmar Breiling possesses extensive knowledge of the funding environment and can guide you toward the best way forward for your specific plan.

In addition, our Research Department uses paid research databases and journals to compile and analyze industry research. This ensures that your research is always up-to-date and based on current data, no older than two years.

Each document you receive from us is proofread by our in-house Editor. We also have an in-house Design Department to ensure that all documents look professional and match the Funding Connection design.

We aim to provide you with the best possible business plan, which will give you confidence in raising capital from financiers. We will guide you through the entire process and ensure that you have everything in place for a successful finance application.

Screenshot 2023-11-06 090516.png

R 6 000  incl. VAT

25 PAGE REPORT &

20 PAGE FINANCIAL FORECAST

DELIVERED IN 7 WORKING DAYS

This business plan is suitable for funding of   UP TO R1 MILLION.

Executive Summary

Company Overview

Products & Services

Target Market

Competitor Analysis

SWOT Analysis

Marketing Plan

Financial Assumptions

5 years' Financials

Cash Flow (two years, monthly, then annual)

Income Statement (two years, monthly, then annual)

Balance Sheet (yearly)

Loan Repayment Plan

Funding Allocation Schedule

Sensitivity Analysis

Depreciation Schedule

Sales Projection

Break-Even Analysis

Charts and diagrams in colour

PDF & Word Version of your plan

PDF and Non-Editable Excel Version of your forecast

Non-Disclosure & Confidentiality Agreement protecting your interest

You keep the IP of your Business Plan

Telephonic / Email / Skype support throughout the Business Plan process

Post Project Revision Guarantee for 2 weeks

R 10 000  incl. VAT ​

40 PAGE REPORT &

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South Africa: Abandoned By Government, Limpopo Villagers Plan to Sink Their Own Borehole

Only one public borehole is working for 11 villages in Nthabalala

  • Only one public borehole is working for 11 villages and thousands of households in the Nthabalala area near Elim, Limpopo.
  • Getting water is a daily struggle for the villagers.
  • Some villagers have now pooled funds and plan to sink their own borehole for about R90,000.
  • "We have no choice but to think for ourselves," said a community leader.

Every morning in the early hours, Awelani Mukwevo has to find a way to get enough water for her household in Mathuli village, Limpopo. She either has to buy it, or to scoop some water with a plastic bottle from the top of an open borehole pipe near Thavha River (see the photo at end of this article).

The water shortage is because only one public borehole in the Nthabalala area near Elim is fully functioning, according to John Makamu, Nthabalala Tribal Coordinator.

Makamu has now sunk his own borehole and sells the water at R2 per 25 litres.

The single functioning public borehole, in Mphadzha village, can only supply water for two hours a day before it has to fill up again, according to David Maduwa, chairperson of the Nthabalala water committee. The water is pumped to a reservoir two kilometres away and from there is piped to the villages of Mpofu, Maduwa and Mphuphulenzhi. The water is not enough even for these villages and there are 11 villages in the area that need water.

Maria Mashele, who lives in Mphadzha, says she needs about 1,000 litres a week for her household, and she has to buy water. It costs her R400 a month. She has to use her social grant money.

"I have to be very strict with my children and siblings not to waste water," said Mashele.

Residents say whenever a borehole broke, the municipality simply sank a new one. Mphadzha therefore has two more boreholes, but one has broken pipes and no power; the other borehole, which used to deliver a good supply, has had a broken motor since 2017, said Maduwa. Since it broke, the community has been battling with water outages, he said.

Masethe village has a borehole, but the water is dirty, according to Makamu. Manyima's borehole is broken. The villages of Mathuli, Magoba, Munzhedzi, Ramulumo and Tavhanyini do not have boreholes.

Makamu said they have had several meetings with Vhembe District Municipality, which is responsible for water supply. He said when the Thavha River borehole was sunk in 2016, "we were informed that there will be sufficient water for all the villages." But the borehole has no power.

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Tshiphiwa Razinani, of Vhakoma Trading Enterprise, the contractor who sank the borehole and was busy with the piping and the pump, told GroundUp he had not been paid for his work and so he had downed tools.

"For the first three months I managed to pay my ten workers from my own pocket but could not continue like that," said Razinani.

The borehole has since been vandalised.

Matodzi Ralushai, spokesperson for Vhembe District Municipality, said the municipality was aware of one borehole that needed to be mended. He did not respond to our questions about Razinani's payment.

Ward 18 Councillor Parrot Mashau (ANC), whose ward includes Mpofu, Mphadzha and Maduwa villages, said, "We are currently trying to get water tankered to these villages".

The villagers of Mphadzha, Mpofu, Maduwa and Mphuphulenzhi have now decided to drill their own borehole. There are 240 households and each contributed R200 a month in February and March. A contractor has quoted them R87,000, but the community is looking for competitive quotes.

"We have no choice but to think for ourselves, otherwise we will suffer for a long time anticipating that the municipality will fix the boreholes," said Maduwa.

Read the original article on GroundUp .

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Australia joins global subsidy race ‘Future Made in Australia’ plan

business plan in south africa

  • Australian Prime Minister Anthony Albanese
  • Image Credits :
  • 11 April 2024, 05:39 [SAST]

Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security.

The “Future Made in Australia Act” will be unveiled by Prime Minister Anthony Albanese at a speech in Queensland state on Thursday.

While it comes with no price tag, at least A$18 billion ($12 billion) worth of incentives for renewable hydrogen, solar and manufacturing will be subsumed within the new policy rubric and additional announcements are likely in next month’s budget.

Albanese will point to government procurement contracts for local business, incentives for investors and regulatory reforms to fast-track infrastructure projects as potential areas of support.

“Our Government will be proactive when it comes to backing Australia’s comparative advantages and delivering on our national interests,” Albanese will say.

“Only Government has the resources to do that, only Government can draw together the threads from across the economy and around our nation.”

In the race to roll out clean energy and compete with China in manufacturing electric vehicles and semiconductors, seen as vital for economic prosperity and national security, governments in rich nations are spending billions on subsidies.

The biggest example is in the United States, with the Biden Administration’s $430 billion Inflation Reduction Act. The European Union has followed suit along with Japan and Korea.

Australia in turn needs to embrace a bigger role for government as an investor and market participant, Albanese will say.

“We must recognise there is a new and widespread willingness to make economic interventions on the basis of national interest and national sovereignty,” he will say.

Australia would be able to compete thanks to its abundant natural resources, proximity to Asia, highly educated workforce and democratic society.

Albanese will stress that the turn to government intervention is not a return to the protectionism or isolationism of old but instead a new form of competition.

Reuters

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