Business Plans

 

(1) All agencies that operate a trading and manufacturing activity must prepare a business plan for the activity each year. The business plan should include the following minimum information -

(a)          an analysis of the market it operates in;

(b)          the profit target for the year and the next two years;

(c)           strategies for achieving the profit target;

(d)          the risks relating to the activity;

(e)           any social obligations required by Government which impact on profitability; and

(f)            projected profit and loss statements for the year in question and the following two years.

 

(2)               The business plan must be signed by the officer responsible for managing the activity and be agreed with the Chief Executive Officer of the agency.

 

Each business plan must be submitted to the Ministry of Finance by 30 November of the year before the year it applies to.

 

(Finance Instructions 2005 s(36))

 

Preparing the Business Plan

Implementing the Business Plan

Monitoring Implementation of Business Plan

 

(Pro-forma Finance Manual)