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SBA Business Plan

SBAThe following outline of a typical business plan can serve as a guide. You can adapt it to your specific business. Breaking down the plan into several components helps make drafting it a more manageable task.


1. Give a detailed description of the business and goals.
2. Discuss the ownership of the business and the legal structure.
3. List the skills and experience you bring to the business.
4. Discuss the advantage you and your business have over your competitors.


1. Discuss the production /services offered.
2. Identify the customer demand for your product/service.
3. Identify your market, its size and locations.
4. Explain how your product/services will be advertised and marketed.
5. Explain the pricing strategy.

Financial Management

1. Explain your source and the amount of initial equity capital.
2. Develop an expected return on investment and on monthly cash flow for the first year.
3. Provide projected income statements and a balance sheet for a two-year period.
4. Develop a monthly operating budget for the first year.
5. Discuss your break even point.
6. Discuss who will maintain your accounting records.


1. Explain how the business will be managed on a day-to-day basis.
2. Discuss hiring and personnel procedures.
3. Discuss insurance, lease or rent agreement.
4. Account for the equipment necessary to produce your products or services.
5. Account for production and delivery of products and services.

Concluding statement

Summarize your business goals and objectives and express your commitment
to the success of your business.

Once you have completed your business plan, review it with a friend or
business associate.

When you feel comfortable with the content and structure make an appointment
to review and discuss it with your lender.