Community Corner
SCORE Workshop: How to Write a Business Plan
Secure Funding, Set Business Direction, Create Business Goals
So you have a great business idea, and are ready to launch it but realize you need some financial help to get started. You go to the bank. The loan officer asks for your net worth, financial projections and other detailed questions that you don’t have answers to. Consequently, your loan request is “Rejected”.
This business plan writing class teaches you the salient elements of a business plan:
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How to find important market and competitive data relevant for your business
How to figure out the unique benefits your business has to offer
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How to position your business and develop a realistic sales projection
You will learn to create a two-year financial plan, and calculate the break-even point. This is what will be thoroughly scrutinized by the banker or other funding resources.
If you are trying to develop more business, change directions to keep up with the times, or just find a better way to keep going you need a clear, comprehensive written business plan. This process forces you to think through the critical issues in an organized way and sharpen your business skills. The business plan will help you prepare your roadmap for success.
This business class is presented by SCORE members each of whom has more than 20 years of business experience. The presenters bring you practical, "hands on" experience in business planning, business development and competitive business strategy. SCORE also offers as a reference tool The Business Planning Guide Book for $20. It is recommended that attendees purchase this book, but it is not required for attendance at the seminar.