Putting Your Business Plan to Work

A business plan is a vital resource that helps you organize and develop ideas and goals for your small business. Some advantages of having a business plan:

Provides an organized system for researching your business
Drastically increases your chances of success
Serves as a game plan for your business to follow
Provides insight into your business to facilitate funding and investment

Once complete, your business plan should identify the expectations you have for your new or existing business. If you are seeking financing, lenders often require a written business plan. Your business plan should be a stand-alone document that tells the story of your business to a potential lender. Preparing a business plan is a time-consuming, difficult task for many aspiring business owners. Arkansas Small Business and Technology Development Center consultants can review your business plan or help you complete one. ASBTDC developed the "To-the-Point Business Plan Outline" and "To-the-Point Business Plan Sample" to streamline the process. Listen to our short podcasts, "Dos and Don'ts for Business Plans" and "Qualifying for a Business Loan," here or call us today at (800) 862-2040 to receive your "To-the-Point" resources.

Arkansas Small Business and Technology Development Center
University of Arkansas at Little Rock - College of Business
Donald W. Reynolds Center for Business and Economic Development
2801 S. University / Little Rock, Arkansas 72204
Phone: 501.683.7700 Fax: 501.683.7720
webmaster@asbtdc.ualr.edu

The Arkansas Small Business and Technology Development Center is funded in part though a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All poinions, conclusions of recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gener, color, national origin, sexual orientation, age, religion, veteran's status or disability. Site Content © 2012, Arkansas Small Business and Technology Development Center