Research & Develop
A Startup Business Plan
Starting a business is one of the most exciting journeys an individual can take. Over ten million Americans consider starting a business each year. As a result, more than three million new small businesses are started annually in the U.S.
Research and Plan Your New Business Venture
Writing an Effective Business Plan
A well written strategic business plan is essential to starting and running a business. Not only will this be required when you apply for business loans or seek investors, but it’s also smart to develop a strategic business plan so you to lay a clear-cut foundation for what your business stands for. A good small business plan describes in detail a business' mission and goals, and how these goals will be achieved. The plan should provide a detailed description of the business, its product or service, competitive environment, marketing plan, financial statements, projections and management principles.
Even when a formal strategic business plan is not required by others, it is a valuable tool for making quality business decisions. It helps business owners define and focus on their strategic objectives and it is an important tool when managing and communicating with managers and staff.
Several free counseling and training programs are available from EDO partners to help you get started on your business plan outline. These services extend to all aspects of starting and running a business, from developing a small business plans to marketing strategies and small business loan information.
Get started and develop a business plan today!