Issue link: http://cp.revolio.com/i/142672
create your business plan Funding Plan And Investment To obtain the funds to get your business going initially, to keep it going, or to make improvements, bankers and investors will want to see a well-thought-out plan. It's OK to say, "I want to find someone to invest $50,000 by December, but I don't know who that person is yet." The important thing is to state a specific financial goal and a date. They will understand you haven't found the person or company who will invest yet. List your current and projected loans here, too. You may be planning to borrow money from banks or friends and family. List what you have and what you expect to have. It is good to explain why you desire this money and what you will do with it once you get it. Why would I borrow money for my single-person business? Investors? This isn't as strange as it sounds. Some people don't have big plans for their businesses. But most of us do. What are your big plans? What's stopping you from pursuing them? Money? Investors put money into small businesses every day. Why shouldn't they be investing in your business? Market Analysis And Landscape Bankers, investors, and potential partners will want to see you've done your homework and you've picked a business idea that will work. Likewise with an existing business, they'll want to see that your business has the potential to continue to thrive and expand. And for your own planning purposes, you need to see how large the market is for your services and how you can continue to serve it in a profitable way. Here is an example of a market analysis. In order to do this effectively, you will have had to create unique, specific mission and vision statements that are meaningful in terms of your clients. One sample mission statement could be, "We help people on their weight-loss journey." Let's break this down into a market analysis. 1. here are 1.5 million people T within a 15-mile driving distance of my clinic. 2. f those, 50 percent are O overweight, based on a national study done by the National A Business Plan Format The Goal Mission. What your business will accomplish. Vision. The world problem your business will participate in solving. Values. Guideposts along the road to success that your business must adhere to. The Plan Objectives. Time-bound goals that will further your mission. Strategies. The ways you choose to accomplish your objectives. Scenarios. Positive and negative things that could happen outside your control and plans for how your business will react. The Details Financial Projections Funding Plan and Investment Market Analysis and Landscape Marketing Plan