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:
It helps you focus your ideas
It creates a track for you to follow in the early stages of business growth
It creates benchmarks against which you can measure progress
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
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