Grow Your Own Biz - Business Planning & Budgeting


Resource Links & Information

A business plan is a formal statement of a set of business goals, the reasons why the goals are believed attainable, and the plan for reaching those goals.


Reprinted from the Start-Up Business & Resource Guide by the NC Small Business Technology Development Center (SBTDC), University of North Carolina, 2009)


An effective business plan serves at least four useful purposes:

  1. It helps you focus your ideas

  2. It creates a track for you to follow in the early stages of business growth

  3. It creates benchmarks against which you can measure progress

  4. It provides a document for attracting equity or debt financing


Below are some instructions regarding the creation of a Business Plan, as well as examples.


The Small Business and Technology Development Center will, at no charge, assist you in completing your plan by reviewing your rough draft and offering suggestions and feedback, as well as help you assemble your budget into a computer spreadsheet for a professional looking presentation.


Call for an appointment at:
NC Small Business & Technology Development Center Appalachian-Foothills Region
Appalachian State University, Hickory Office
1990 Main Ave SE | Hickory, NC 28602 | Ph: (828) 345.1110

Disclaimer: The information presented here is intended as a public service. Although efforts have been made to assure that the information is accurate and up-to-date, the user assumes all responsibility for the use of information provided. The sponsors of this web site expressly disclaim any liability for the information provided herein.

The Western Piedmont Council of Governments shall serve all local government members in Alexander, Burke, Caldwell and Catawba Counties with professional, cost-effective assistance on a variety of local, regional, state and federal issues and programs.

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Telephone: ​828.322.9191

Fax: 828.322.5991

Mailing: P.O. Box 9026 | Hickory, NC 28603
Location: 1880 2nd Avenue NW
Hickory, NC 28601

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