Business Advisement Center Offers Business Plan Development or Evaluation for:

• New Entrepreneurs and
• Existing Businesses

What is a Business Plan?

“A GPS Business Guide Ensuring Real Success for Current Owners and Future Entrepreneurs”  

A Business Plan is . . .

• Providing a systematic evaluation of a business venture’s chances for real success
• To assist in determining the risks facing a new business venture.
• Is a game plan for managing a current business successfully
• Is a tool for comparing actual with target financial projections and
• Is an important tool for attracting capital

PLAN A – For New Businesses – Writing a Useful Business Plan

Question:   Why do Start-Up Businesses Need a Business Plan?

Answer:  More than 50% New Businesses Fail the First Year without a Business Plan

We will assist and evaluate your written business plan:     

• Will identify the business “Chances for Success”
• Will reduce or eliminate potential “Business Risks”
• Will assist in managing the business “Successfully the first time”
• Will assist in calculating realistic financial “Target Projections”
• Will calculate appropriate fees for your product or service
• Will create support for your “Business Idea”
• Will identify potential Capital, Investors and/or Partners
• Will assist in getting the Business started on the “right foot”
• Will assist in developing a “Marketing Plan” works
• Will identify the potential target market and regional demographics

PLAN B – For Existing Businesses – Evaluating and Recommending Business Improvements

Question:  How Important is it to follow a  written Business Plan?

Answer:   A Business Plan does not guarantee success unless it is well written and followed with the assistance of a Mentor

We will provide mentoring assistance while following the written Business Plan  

• Will keeps the business  on its “original track”
• Will assist reaching at least the “Break-Even” Financial Point
• Will calculate a 3-Year “Pro Forma” business income, expenses and net profit
• Will compare actual business activities with prior target projections
• Will assist in developing a “Strategic Analysis” to improve business activities
• Will compare “Fee-Structure” with competing businesses  
• Will encourage the use of maximizing the “Business Potential”
• Will identify new potential “Business Opportunities”
• Will assist modifying and upgrading original projections to realistic directions