HOW TO WRITE A BUSINESS PLAN

Submitter Photo - John Warner Submitted by: John Warner on Sep 27, 2007 at 1:30 pm Tagged with: Entrepreneurial, Events Source:

HOW TO WRITE A BUSINESS PLAN
for loan applications, cash flow management, and strategic planning -- Talk to the EXPERTS

Reka F. Mosteller, MA, IMBA, EDFP, Area Manager, SBDC
Paul Rideout, Security Federal Bank
Anna C. Huntley, Small Business Administration

This workshop reviews the major sections of a business plan and its elements, and provides tips on how to gather and present the necessary information to produce an effective business plan for loan applications, cash flow management, and strategic planning.

TOPICS TO BE COVERED:
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  • Lenders’ perspective & criteria
  • Financial plan—sources and uses of funds; pro forma cash flow analysis; profit and loss forecast; pro forma balance sheet
  • Break-even analysis
  • Risk management - developing “what if” strategies to potential problems and changes
  • Purpose of business plan
  • loan application
  • financial & strategic planning
  • The industry, the company and its products
  • Market research and analysis—the customers, market size and trends, market share and sales, competition
  • Marketing plan—marketing strategy, pricing, advertising
  • Operating plan—location, facilities, labor force
  • Management plan—organization, personnel
  • Gather accurate and relevant information for your business plan
  • Supporting documents to help outside sources to get a better overall picture of your business
  • Obtaining business financing
  • Types and uses of loans
  • SBA programs
  • Business management tips & resources to accomplish all the necessary steps to produce an effective business plan
  • and more….

    • Thursday, September 27, 2007, from 8:30 AM to 1:00 PM, in Room 120 of the Nursing Building, University of South Carolina ─ Aiken campus. Registration is required. E-mail SBDC@usca.edu, call (803) 641-3646 or visit our website, www.usca.edu/sbdc, for information. Cost: $40 — payable by cash, check, or credit card at the door.

    This course is approved for Veteran’s Entrepreneurial Training under the Montgomery GI Bill and the Veteran’s Educational Assistance Program (VEAP)

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