| Everything here is is to help you write your perfect | | | | business was formed, what type of legal entity your |
| busines plan. | | | | business is formed under, and a brief description of |
| Free small business plan information to help you get | | | | your product or service. |
| started... | | | | Product or Service Rendered |
| If you plan on receiving third party financing for you | | | | Explain how your business operates and be as |
| home business then creating a small business plan is | | | | specific as possible. |
| something that you absolutely must do. Most people | | | | Your Plan |
| starting small businesses do not write out a business | | | | How are you going to market your product or |
| plan and from a academic standpoint this is large | | | | service? Who are you going to market your product |
| mistake. | | | | to? Who is your existing competition? Answer these |
| Your business plan is in essence the backbone of | | | | questions in this section of your small business plan. |
| your business. | | | | Day to Day Operational Requirements |
| You are going to need to create one especially if you | | | | What will you do on a day to day basis in your |
| plan on receiving a small business start up loan or | | | | business? What type of equipment will you need? |
| grant. No investor will take your request for money | | | | Answer these questions in this section of your small |
| seriously unless you can show them a viable business | | | | business plan. |
| plan. I know you don't know where to start, but | | | | Personnel |
| don't worry... It should not be too tough of a task | | | | Who will be the people directly involved in your |
| after reviewing the information found here. | | | | business? What will they do? If you are going to run |
| You have two options when creating a small business | | | | a home business you may be the only person directly |
| plan: you can hire a professional to write one out for | | | | involved in your business. Explain your role, your |
| you or you can create a free small business plan by | | | | background, and what you will have to do to run |
| writing it yourself. | | | | your business successfully. |
| Your small business plan can be simple, all it must do | | | | Financial Data |
| is describe what your business is and where you | | | | To your potential investors this is the MOST |
| want it go in the future. | | | | important part of your small business plan. |
| Essential parts of a small business plan: | | | | The information that you must include in this section |
| Title Page: | | | | is as follows... |
| On this page you include the name of your business, | | | | * Projected start up cost: How much money are you |
| your business's address, phone number, email | | | | going to need to get your business started and what |
| address, website URL, and of course your name as | | | | are you going to be spending that money on. |
| well as an other business owner | | | | * Projected income statement: How much revenue |
| On the title page you should also include a one page | | | | do you expect to produce in your business start up |
| statement explaining why you created your business | | | | phase? |
| plan (e.i. why you need money to start for your small | | | | * Expected profit and loss: Self explanatory... |
| business) | | | | * Projected monthly cash flow: Your cash flow is |
| Table of contents: | | | | how much money you earn minus how much you |
| Summary | | | | spend. |
| A sentence or two about each section of your | | | | * Your personal financial statement: Self explanatory... |
| business plan to grab the attention of your potential | | | | * Supporting Docs: In this section you will want to |
| investors. | | | | include any supporting information required for the |
| Business Description | | | | success of your home business and anything else |
| This section contains the who, what, when, where, | | | | that directly adds as perspective to your start up |
| why, and how of your small business. Give your | | | | plans. |
| companies physical location information, when your | | | | |