Responses (3)
Starting a small business may be easy yet complex at the same time. First, you need to have a plan. At this point, you have to think what you will offer to the market, where you will be selling it and how will you be able to realize on it. Just because it's a small business that you would be opening your shop, you would still need to exert your time, effort and most of all your money. I have been there. And no matter how you give all your time and effort if you do not have the money, you can never realize on the goal. So, it ended me considering for a merchant cash advance. I remember, I had the program from arcafunding.com. For me, this was the best alternative to finance my business when the bank and lending companies turned their backs on me.
Put a business concept to the test by answering the following questions:
1. Do you have a product or service business niche in mind?
2. Do you believe you have a market for 1 above and the means to reach it?
If the answer is yes below are the major sections to a standard business plan.
Your local "SCORE" or "Small Business Development Center" provides free volunteers to assist you. Look them up on the web and search for a location near you.
Plan Outline
1.0 Executive Summary
Mission
Keys to Success
2.0 Company Summary
3.0 Products
4.0 Market Analysis Summary
5.0 Strategy and Implementation Summary
6.0 Management Summary
7.0 Financial Plan
Appendix