Writing a Business Plan: Lesson 2
Business Plan Format/Templates
NaShawn Branch, DBA, Executive Director of the Tennessee Small Business Development Center at Southwest Tennessee Community College, will be discussing how to build a sound business plan that is comprehensive and attractive to lenders.
Topics:
- Where to Begin When Creating a Business Plan
- Snapshot of a Business Plan
- Why Writing a Business Plan is Important
Test Your Knowledge
To receive credit for taking this course through TSBDC, watch the video and take the quiz that will appear below to demonstrate your knowledge.
Video Lesson Topics
- 0:23
- Where to Begin When Creating a Business Plan
Planning is the map to success in the business world. A business plan should begin with one of these three options.
1. Buying a Business
2. Financing or Refinancing a Business
3. Raising Debt in Equity Capital
- 0:40
- Snapshot of a Business Plan
A snapshot of a business plan includes an Executive Summary, Business Executives, Managers and Employees, Operations, Locations, Marketing, Are you Buying a Business or Buying a Franchise, Loan Requests, Financials, Personal Finance Statements, Balance Sheets, Income Statements, Cash Flow and Ratios.
- 1:15
-Why Writing a Business Plan is Important
Writing a business plan will allow you to answer lenders’ questions with a gained, in depth, knowledge about your business. This will also clarify what will be involved in making your business successful. The TSDBC network can help with this process either with a scheduled appointment or by finding a copy of the business plan workbook at www.tsdbc.org.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
Why Write a Business Plan?
Business Plan Format/Templates
How To Develop a Business Plan
Marketing For Your Business Plan
Financial Projections for Your Business Plan
Writing A Business Plan For Your Existing Business
Want to learn more about how this topic relates to your business?
Schedule a meeting with one of our consultants! All counseling sessions offered by the TSBDC are no-cost and provided by our staff of professional business consultants.
