The Business Plan: Your Business’ First Impression
A well-prepared business plan gives your business a professional image. Whether it is your very first business, a second phase or a new venture, it is important to have a good busines plan.
To get it right you must do the research. Know your market, your industry and your competitors. A business plan is simply a description of your company’s future. It is more likely that your plan will have errors if it is overly complex. Your loan could be denied if the loan approver does not understand your business plan. Keep it simple and stick to the point.
Seeking help early helps take the anxiety out of completing a business plan. The Business and Job Center Desk staff can help you find market research and other information to fit your individual needs.
- SBA.gov/Create your Business Plan
The Small Business Administration guide to creating a successful Business Plan.