1. Let your business plan be a road map to credit
- Author
-
Bryan, E. Lewis and Welton, Ralph E.
- Subjects
Business success -- Analysis ,Small business -- Finance ,Business planning -- Management ,Business - Abstract
Having a detailed, continuously updated business plan can mean the difference between obtaining financing and insolvency for a small business. The business plan should include a description of the business, and the following kinds of plans: product line, sales and marketing, product development, operations, organization, and financial. All loan applications made by a small business should include a summary of the amount requested, purpose of the loan, security offered, and proposed repayment terms.
- Published
- 1986