This is one of the most frequent request of our office! So let us take the stress off the how-to, with voice of experience and steps for your to follow.
Often when starting a new business, applying for a grant or loan, one decides they must have business plan. Many may start a business without this unless an outside organization requires it. We recommend every business have a business plan to set goals and benchmarks as well as define the operations.
The business plan should be a roadmap of your operations! This is a resources for the business to create their marketing plan and financial expectations.
Here is how we help:
- Access a sample business plan specific for an industry.
- Provide a workable template to guide you on your business plan.
- We supply market research to support the objectives and identify key strategies. Market research is something most small businesses do not have readily accessible.
- We help with financial projections. How? We help you create a revenue model and detail expenses. Also, our center has access to industry market research to validate viability of estimates. Lenders need to know the projections are realistic.
Learn about business plan templates with the SBA “Write Your Business Plan guide.