Here's a quick overview of the step–by–step process we guide entrepreneurs through when they sign up for Live Plan.
Detail exactly what problem you are solving for your customers.
Contact a professional business plan writer or business attorney or accountant to write the plan.
Or you can download business plan software such as Plan Write or Business Plan Pro. Visit the Small Business Administration's website and find an approved commercial lender in your area.
To obtain a loan for a small business, there are preparatory steps to accomplish. Before writing a business plan, you must have all pertinent information organized.
Collect all financial statements, including profit and loss statements, balance sheets and at least three months of business bank statements.
Contact the lender and ask what documents are necessary to apply for a business loan.
Owen Richason grew up working in his family's small contracting business.
A few example of what should be included: This is the nuts and bolts of your business.
It's especially important for brick–and–mortar companies that operate a storefront or have a warehouse.