23 Aug
Business plans for home based businesses
Posted in Establish your virtual home office, Everything Else on 23.08.10
If you will be seeking financing from a financial institution for your home based business, you will probably be required to provide a complete business plan. A business plan should provide information to the bank that will validate the profitability of your business venture – at least on paper. A business plan will include very specific information including business projections, target market, competitor analysis, competitive edge, and key selling points.
Preparing a business plan can be time consuming and complex, but there are a wide range of resources to assist you including business plan templates, small business development center, and business plan consultants.