You might be intimidated by the idea of creating a business plan. Too much discussion is wasted on what’s the best format. But there’s no secret formula. A business plan should provide the lender or investor with enough detail to:
1) Demonstrate that you understand your own operation and market.
2) Communicate the essentials so that the reader understands.
And 3) Prove you have credible calculations that predict future financial results.
Happily, there are a lot of organizations in Connecticut that can give you free help. Just ask CEDF to introduce you.
