Frequently Asked Questions # 15

15. Do I need to write a business plan? What do I need to include in my business plan?

The ASBDC always recommends that individuals wanting to start a business complete a business plan. The business plan is used as your operating guide and as an aid to securing financing. Existing businesses wanting to grow or expand their product and service offerings, relocate their facility or add facilities, or better meet other challenges are also encouraged to prepare a business plan. The business plan development process helps you evaluate your business on paper to determine if the idea is worth the investment of more time and resources.

Our research library contains sample business plans, business plan outlines, and business plan software that are helpful in business plan development. There is a training seminar offered on "How to Write a Business Plan". Our center also has business consultants you can meet with on an appointment basis who will review your business plan once it is completed and suggest possible changes that need to be made before you present it at a bank.

For more information, check out the ASBDC training calendar to find out when the next "How to Write a Business Plan" seminar is being offered.

Refer to: ASBDC Training Program - Business Planning Calendar
              Writing a Business Plan
              Business Plan Outline

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