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Need
a Business Plan? If you want to qualify for an SBA loan – you need one. If you are looking to attract joint ventures capital – you better have one. If you want to avoid the same pitfalls that cause 2 out of 3 new businesses to fail within the first 3 years – it’s absolutely essential to have one. And if you’re an existing business that DID create a business plan when you started but haven’t updated that business plan lately – it’s vitally important that you keep your business plan current in this fast-paced world we live in. There’s
no need for high-priced business consultants. And you don’t have
to be a CPA or a rocket scientist to create a solid and effective business
plan. Loan Specific
Business Plan – (one you need tailored to a specific type of financing
you are looking to secure – generally used for existing businesses
– approved for use with SBA loans.) New Venture
Business Plan – (Generally used for start-ups. More extensive in
detail. Recommended if you are trying to attract joint venture capital.)
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