Developing a Business Plan

Developing a Business Plan Presented by: Funded by: USDA Rural Business Cooperative Service and Tennessee State University Business Plan GOAL: Entrepreneurs will learn to write a business plan Writing A Business Plan Business Plan Components Idea Market Competition Resources Business Plan Components Regulations Marketing Plan Location Employees Components Of A Business Plan Management Financial Plan Business Plan Outline The Business and Industry Introduction and Summary Product and Services Marketing Program Operation Market Business Plan Outline Management Risks and Critical Problems Time Schedule Exhibits Financial Projections Loans and Financing Capital and Financing What is Capital? Sources of Capital Financing  Personal Savings  Friends and Relatives  Banks, Savings and Loans, and Credit Loans  Commercial Finance Companies  Government Programs Sources of Capital Financing Getting a Loan The Five C’s of Credit 1. Character 2. Capacity 3. Capital 4. Collateral 5. Conditions Conclusion