Description: If you’re going to request funding, you will need a strong business plan. The business plan tells your story and gives the reader the “Why” they should fund your vision and business operation. It also tells the funder that you have clearly thought through and understand your business and the industry. In short, it says, “I have done my homework and I am confident I can succeed at this with your help.” You can check out these resources on Entrepreneur.com on how to write a strong business plan:
- How to Write a Business Plan
- Business Plans: A Step-by-Step Guide
- 7 Steps to a Perfectly Written Business Plan
The good news is that there are a ton of free informational resources for small-business owners, including Small Business Administration (SBA) district offices and SCORE chapters (a nonprofit providing free business advice and services), the NFIB, Veteran’s Business Outreach Centers and Women’s Business Centers. Ask for help, because you shouldn’t go at it alone.