Get the Money With a Business Plan That Has Exactly What the Bank is Looking For

A well-written business plan has to show the bank that you're a safe bet. I've interviewed the business officers at the three largest Washington DC banks, and I know what they're looking for. I create and edit new or existing business plans to obtain bank and venture capital financing.

Nine Reasons Why You Need a Business Plan

While your financial strategy is the most important reason, you also need a plan because it:

• Validates the planning process
• Shows the bank you're serious about strategizing the outcome
• Provides a concrete way to oversee your company
• Gives a sense of direction
• Offers a way to evaluate the accomplishments
• Highlights the strengths and weaknesses of your firm
• Shows possible problems that might hinder performance
• Provides consistency between the various divisions or business sub-units
• Is a structure to evaluate how new opportunities may affect your business
• Gives the business loan officer a clear financial picture

56% of small business owners could grow their business if they had additional funds. According to Frederic Mishkin, a Federal Reserve Board governor, small business loans lines of credit are still healthy.

If you want to get the loan the first time you must have solid financial data. Your resume has to show specific relevant experience and other skills/qualities. Documenting past performance in your chosen business is required. Whether you're going into business for the first time, or are ready to take your existing firm to the next successful level, a solid business plan is the key document.

My comprehensive system brings out everything you need to quickly develop a business plan that'll be taken seriously - not rejected because the business loan officer decides you're too risky.

• We'll start by discussing three key reasons why you are ready to start or increase your business.
• Then, we'll go over 16 critical questions to determine your present business philosophy. Many of these answers will be part of your business plan.
• You'll answer 21 carefully selected questions to further augment your plan.
• I'll show you seven key actions to start developing your business plan that's designed to get the most accurate information quickly.