A business plan is a vital resource that helps you organize and develop ideas and goals for your small business. Some advantages of having a business plan:
Once complete, your business plan should identify the expectations you have for your new or existing business. If you are seeking financing, lenders often require a written business plan. Your business plan should be a stand-alone document that tells the story of your business to a potential lender. Preparing a business plan is a time-consuming, difficult task for many aspiring business owners. Arkansas Small Business and Technology Development Center consultants can review your business plan or help you complete one. ASBTDC developed the "To-the-Point Business Plan Outline" and "To-the-Point Business Plan Sample" to streamline the process. Listen to our short podcasts, "Dos and Don'ts for Business Plans" and "Qualifying for a Business Loan," here or call us today at (800) 862-2040 to receive your "To-the-Point" resources.