Writing business plan for small business administration loan
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Writing business plan for small business administration loan

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http://www.bizplancorner.com/ Tips on writing business plans that will help you get SBA loan easily

http://www.bizplancorner.com/ Tips on writing business plans that will help you get SBA loan easily

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  • 1. WRITINGBUSINESSPLANFOR SBA LOAN
    www.BizPlanCorner.com – Call +1-800-351-0557
    info@bizplancorner.com
  • 2. Starting and running a successful business without a professionally written business plan is a big challenge.
    A business plan is an important document that not only helps entrepreneur in running an effective business, but also aids them to attract potential investors and lenders in order to get required funding.
    A sound and professionally written business plan is a blue print for survival for every kind of businesses, whether big or small.
    www.BizPlanCorner.com
  • 3. business plan sections
    www.BizPlanCorner.com
  • 4. www.BizPlanCorner.com
  • 5. THE BUSINESS
    This section describes your business idea, the product or service you are offering, target market, competitors, operating procedures, management strength, and business insurance.
    www.BizPlanCorner.com
  • 6. FINANCIAL DATA
    This is the most important section that is a must for SBA loan guarantee as this section shows the lenders whether you have a potential to repay the loan and return profit or not.
    This section must contain loan applications, capital equipment and supply list, balance sheet, breakeven analysis, income statement, three – year summary, assumptions upon which projections were based and pro – forma cash flow.
    www.BizPlanCorner.com
  • 7. SUPPORTING DOCUMENTS
    Personal financial statements of the owners/partners
    If the business is franchised business, it is necessary to provide a copy of franchise contract.
    Copy of agreement for building space
    Copy of all legal documents
    Resumes of all owners and partners of a business
    Copies of letters of intent from suppliers, etc
    www.BizPlanCorner.com
  • 8. www.BizPlanCorner.com – Call +1-800-351-0557
    info@bizplancorner.com
    www.BizPlanCorner.com