SBA Business Plan for Success!

A SBA business plan for sucsess is like your road map to a hidden treasure. It describes your business goals, the strategies you'll use to meet them, potential problems that may confront your business and ways to solve them, the organizational structure of your business (including titles and responsibilities), and finally, the amount of capital required to finance your venture and keep it going until it breaks even.

A business plan consists of seven key components:

1. Executive summary
2. Business description
3. Market strategies
4. Competitive analysis
5. Design and development plan
6. Operations and management plan
7. Financial factors

A SBA Business plans for success ca/willn help perform a number of tasks for those who write and read them. They're used by investment-seeking entrepreneurs to convey their vision to potential investors. They may also be used by firms that are trying to attract key employees, prospect for new business, deal with suppliers or simply to understand how to manage their companies better. They also can be used as a rule and gide for you. Every year or twice a year every business owner should review his/her SBA Business for success. By reviewing you can make sure your on course or make the adjustments needed. 

Ronell D. Moore

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