A major cause of small business failures in the first three years is lack of planning.
An idea for a business is just that – an idea. A Business Plan provides a path for making that idea a reality. Your business plan describes what your business is, how it’s structured, and how it’s managed. It includes financial projections, a description of the market in your industry, the strengths and weaknesses of your business, and how your business will operate.
The process of writing a plan helps you make decisions about your business to position it for success in the marketplace. We can provide you with templates, guide you through the process, and review your plan as it progresses. Most lenders require a business plan as part of the small business loan application process. Your business plan will serve as a roadmap as you set up and manage your business, and it will help lenders assess your potential for profitability.
We’ll work with you through the start-up process and beyond to help you develop a business plan, obtain financing, and help you manage, maintain, and grow your business.