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When I first decided to turn what was my hobby into a legit business the bank asked me for a business plan. So I spent days getting one ready for the meeting with the bank manager, Taken it with me all smart and rearing to go. I offered the plan but the lady wasn't interested. Sign here and a few questions not really related and off I went with my business account. No body has ever asked to see it yet, some 7 years on. My second business has another bank account and they never even ask for one then.
For sole traders not needing any loans to start up, I cant really see the need for business plans.
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