Posted: October 4th, 2022

Create a business plan to convince the bank or other investors that you have a viable business plan.

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Consider the following scenario:  You recently inherited $50,000 and you would like to use this money to help start a small business. However, you will need additional funding.
Create a business plan to convince the bank or other investors that you have a viable business plan.
 
Give an overview of your business. 
List and describe your management team, describe the legal structure, and decide on a location. 
 Develop a marketing plan and determine your pricing strategies 
 Do a SWOT analysis 
 Determine your suppliers 
Prepare an estimate of your start-up costs.
Forecast of your expected sales/revenues as well as your expenses.
Prepare the financial statements.
Complete the executive summary

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