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You can subscribe to Kim's business growth tips by email, or connect on Linked In, Twitter and Facebook. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding.Because that's the thing--your business plan is a pretty important.
Any funder worth his or her salt wants to see it right off the bat.
Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows.
The SBA's template is available to fill out online and then download as a PDF.
You can go back in and edit it as needed, so don't worry about having everything ready the first time you sit down to tackle it.
If your financing capability covers 100% of the project costs a Commercial Proposal is all that is required.
But you must attach a Business Plan to the Commercial Proposal if you seek in-cash or in-kind support from ESA.
That doesn't mean you have to bust out Word and start the plan from scratch.
A template is great--you probably aren't doing anything that hasn't been done before, so it provides a proven structure for your plan. Check out these comprehensive business plan templates you can download for free to get you started: Score is an American nonprofit dedicated to helping entrepreneurs get their companies off the ground.
It's an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities.
It might even lead you to kill off aspects of your business before investing too much time or money in them.