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There are different ways to develop a lean startup template. You can search the web to find free templates to build your business plan. We discuss nine components of a model business plan here: Key partnerships. Note the other businesses or services you’ll work with to run your business.
10 steps to start your business; Plan your business. Market research and competitive analysis; Write your business plan; Calculate your startup costs; Establish business credit; Fund your business; Buy an existing business or franchise; Launch your business. Pick your business location; Choose a business structure; Choose your business name ...
Last updated August 24, 2023. This example business plan is provided by the Small Business Administration.
write an accurate and complete business plan. Use free SBA tools to aid your research. 2. Prepare a draft business plan. Doing it is the only way you will learn. It doesn’t have to be perfect, long or complete. Prepare the parts of the plan that you can. 3. Discuss your draft plan and any questions you have with a business mentor, coach,
Our Business Planning Guide is easy to use and contains templates you can follow. Our “How to Write a Business Plan” course, offered through the SBA Learning Center, will show you how to plan, outline, and develop your own business plan.
Use your startup cost calculations to get startup funding. It’s a good idea to create a formal report of your expected startup costs. You want it in a format that’s clear and easy to understand. Investors and lenders compare expected costs to projected revenue and determine the potential for your business to profit.
Think of your business plan as a roadmap to success. It’s a living document that should guide you through the startup stage and prime your business for successful growth. It can also help you obtain funding by highlighting why your business is a valuable investment.
Your business continuity plan should: Identify and document critical business functions and processes; Organize a business continuity team; Evaluate recovery strategies; Get more help with creating a business continuity plan at Ready.gov.
The IRS guide on preparing your business for a disaster. The Federal Emergency Management Agency (FEMA) emergency preparedness checklist and toolkit. Focus on disasters that pose a realistic risk to your small business.
We can help connect you to market research as you develop your export plan. SBA’s Small Business Development Centers offers business counselors who can review your business plan and provide market data and export resources.