Put it on Paper
Create a business plan
You’re ready to go into detail on all of the topics mentioned in the research phase. Clearly define your product or service, marketing, financing, and income and expense projections. A complete business plan is key to starting a long-term successful and sustainable business.
Business Plan Experts
Templates and Help Available
Business plans can be complex. The list of topics covered, however, are vital to your success. The good news? Templates and help are available. The end result? The plan will be a living document and can guide your business growth with true focus. Let’s review the topics:
- Target market
- Start-up Costs and Revenues
- Costs and Revenues for the first 1-3 years
- Daily Operations Management
- Income Requirements
- Business Type (check out the Small Business Administration’s definitions)
- Personal Investment
If you’re into online research, check out SBA’s detailed tips.
But, you don’t have to do it by yourself — contact those no-fee consulting experts.
Please note that the Small Business Development Center (SBDC) operates a satellite office in the Augusta County Government Center. When you speak to a SBDC representative, request an appointment at the Government Center if that is most convenient for you.