Veterans Resource Guide
Planning is your map to success in the business world. You need to write a business plan if you are:
- starting or buying a business
- financing or refinancing your business
- raising debt or equity capital
Much money is made then lost because one area of a business fails, dragging the positive parts down with it.
The Plan helps you find hidden business flaws and makes you think carefully about each phase of your business. It is important that you write your business plan. Why? You will gain in-depth knowledge about your business which will make it easier to answer lenders’
questions. The process of writing your business plan will clarify what is involved in making your business work successfully.