| The very first business plan I ever wrote
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| | descriptive adjectives. I wanted to grab
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| was praised by the Small Business
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| | the reader's attention and see why I was
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| Development Center counselors and loan
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| | so excited about this business. I
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| officers and immediately accepted and
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| | especially took great care to write the
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| forwarded to the local SBA representative
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| | Executive Summary as a brief, but
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| for approval. And no, I didn't use canned
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| | stimulating and provocative attention
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| software.When I realized a business plan
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| | grabber. (It is extremely important to
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| would be needed for my small business
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| | hook the reader from the get go so they
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| startup I scoured the Internet and read
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| | continue on with the rest of the
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| books and was so intimidated by all the
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| | plan.)The financial statements were just
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| required financial reports I put it aside
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| | as easy to tackle. The first thing to do
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| for two years. But I knew a business plan
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| | was the assumptions. To do that I simply
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| was going to be a necessity if I was
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| | took the selling price of my service (or
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| going to get serious about my business
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| | product) and determined how much I would
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| idea.It took me only three weeks from
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| | make in sales per day, week, month and
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| beginning to end and was about 15 pages
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| | year. That basic information was the
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| long. And it contained every single
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| | basis for the remaining financial
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| required report. How did I do it? I
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| | reports.For example, the Cash Flow
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| scoured the Internet for information. I
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| | Statement is simply a detailed "budget".
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| did searches on business plans and
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| | You take your monthly sales assumptions
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| compared several outlines against what
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| | and add any other incoming "cash" (loan
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| was recommended at the SBA's (Small
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| | dollars for example) and subtract your
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| Business Administration) web site. What I
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| | expenses. Carry over any extra (or loss)
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| quickly discovered was that there was one
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| | to the next month until you have
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| generally acceptable format that
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| | populated the statement for 12 months.
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| contained very specific essay and
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| | Voila! Another section completed.Three
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| financial reports.At first glance it
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| | weeks from start to finish.When it was
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| looked so daunting. But I was so tired of
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| | completed I took it to the local SBDC
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| the corporate grind and I wanted so much
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| | office (usually housed in community
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| to have my own business that I pressed
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| | colleges) for their review and advice.
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| forward. I took it one step at a
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| | They were floored that I had completed it
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| time.One of the required items was the
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| | myself without software. And better yet,
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| business description. Within that section
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| | they loved it so much they said it was
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| was to be a description of the
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| | good to go. They suggested local banks
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| competition. Easy. The reason I knew my
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| | that were favorable to start ups and off
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| idea was a winner was because there was
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| | I went.The loan officer was equally as
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| very little competition in the immediate
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| | impressed. She said that she normally did
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| and surrounding area. I simply did a
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| | a quick glance and rarely read entire
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| short write up describing those
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| | plans, but was so captivated by the
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| businesses and added a quick comparison
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| | opening Executive Summary that she asked
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| showing how my idea differed from and
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| | me to wait while she finished reading.
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| improved upon those existing
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| | She immediately agreed to forward it to
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| businesses.That wasn't so hard. Maybe I
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| | the SBA representative for approval. That
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| can do this. With newfound confidence I
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| | was an exciting moment indeed!Why didn't
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| forged ahead to the next section.
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| | I just use a template or ask the SBDC or
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| Marketing. More specifically defining my
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| | SCORE folks to do it for me? Because it
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| target market. Who was my customer? I was
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| | was my baby. I was going to ask for
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| going after the wedding industry's
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| | funding from a bank and I felt that I
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| customer base. So I hopped on the
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| | needed to be aware of every minute detail
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| Internet and went to the census bureau's
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| | of the plan. This way I could, with full
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| site and did a search for marriage
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| | confidence, defend the data should
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| statistics in my state. From that I was
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| | questions arise. I also reasoned that if
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| able to determine how many people had
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| | I couldn't get this one item taken care
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| gotten married in recent years. I wrote a
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| | of, then maybe I had no business being in
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| few paragraphs about that info.Two
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| | business for myself.Don't let this one
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| sections down with just a few more to go.
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| | item keep you from realizing your dream.
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| It wasn't such an insurmountable task
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| | You can do it too!Sylvia Talo has
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| after all! I realized the essay portions
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| | authored the step-by-step manual, "You
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| could be written in such a way that I was
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| | Can Write Your Own Successful Business
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| able to summarize my information into a
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| | Plan", now featured in the One Stop
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| few concise paragraphs for each
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| | Business Start Up Kit. Visit her web site
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| section.The secret to the essay portions
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| | a one stop site to help you start your
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| was to use an exciting voice with very
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| | own small business.
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