Free Business Plans For Dummies

Free Business Plans For Dummies-56
The SBA wants you to succeed in business and it’s got a whole host of resources to help you generate your own business plan on its website.

The SBA wants you to succeed in business and it’s got a whole host of resources to help you generate your own business plan on its website.

Instead, it takes the information you give it and generates a sort of elevator pitch/cover letter for your business plan. The final product is covered in these little logos that Plan Cruncher has come up with, so you get a nice visual view of the business. You’ll be entering details in 140 character boxes and chopping your offering down into small consumable chunks.

When you’ve input all the details, you’ll end up with a one-page overview of the business, including what you’re going to do, who’s involved in the project, where you are in the funding process, and what you’re looking for next. This is a great way to determine what the core parts of your business really are. It’s free and you end up with a nice PDF when it’s all said and done.

By building your own plan, you’ll be forced to learn how the whole thing works, what investors are looking for, and what all the terms means.

You’ll be forecasting and analyzing before you know it.

It helps you focus in on the things that you do best and it gives you metrics to determine what your success looks like.

I say, “It gives you,” but really it’s just a template for managing your own thoughts.I like the layout of the system and I’m apparently not the only one.Strat Pad claims over 100,000 businesses are currently using its service.Enloop is another free option for those seeking a single business plan.The company attempts to bring a little bit of credibility with its offering by scoring your business plan.There, business coaches, accountants, and other professionals can connect with new businesses.Those leads generate a small fee from the professional, paid to Strat Pad.On the Wells Fargo site, for instance, you can learn about how business plans work, use some tools to bring the whole thing together, and even do some competitive analysis.As a major benefit, you’ll be working with the company that you’re going to be asking for money, right out of the gates. The SCORE network hooks successful business folk up with the next crop of winners.Once it’s been scored, bankers or investors can look to see how well you did.The score encompasses some basics like cash flow and growth.

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