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Message
Preparing a business plan
Posted on 4/12/16 at 10:00 am
Posted on 4/12/16 at 10:00 am
For those of you who are small business owners, how many of you prepared a business plan to present for loan approval? And how many of you are still using this business plan today as a "working document?"
I have been working on mine for quite some time now, seeking advice from my mentors and people I trust. This is a daunting but necessary task, as everyone has a differing opinion. I'm also planning to meet with two outside mentors, provided by Baton Rouge SCORE in the next couple of weeks.
In the meantime, I am also searching for real estate. Once done, I plan to submit to local banks and credit unions. Any recommendations on who I should speak with (SB7a loan)?
I have been working on mine for quite some time now, seeking advice from my mentors and people I trust. This is a daunting but necessary task, as everyone has a differing opinion. I'm also planning to meet with two outside mentors, provided by Baton Rouge SCORE in the next couple of weeks.
In the meantime, I am also searching for real estate. Once done, I plan to submit to local banks and credit unions. Any recommendations on who I should speak with (SB7a loan)?
This post was edited on 4/12/16 at 10:01 am
2
Posted on 4/12/16 at 12:01 pm to Will Cover
Posted on 4/12/16 at 12:36 pm to stout
I'll pass.
Posted on 4/12/16 at 4:27 pm to Will Cover
Did we figure out your business yet? I am thinking "LaserWash". Good luck Will.
Posted on 4/12/16 at 4:55 pm to cuyahoga tiger
quote:
Good luck Will.
I fulfilled my work obligations through the end of last month (after giving proper notice) and walked away from a very high-paying job in the process to pursue something that I am very passionate about.
Posted on 4/12/16 at 4:58 pm to Will Cover
One of my biggest regrets in life is not starting my own business.
I'm pulling for you brother.
I'm pulling for you brother.
Posted on 4/12/16 at 5:47 pm to cuyahoga tiger
quote:
One of my biggest regrets in life is not starting my own business.
After many long days and nights of thinking and over-thinking my situation, I firmly believe at this time I made the right decision. In the long run, time will tell, but for now, as long as I have my wife's support and my two children, that is all that I need.
quote:
I'm pulling for you brother.
I'm going to need it! 
Posted on 4/12/16 at 9:54 pm to Will Cover
Good luck. I'm assuming we will never find out what the business is?
Posted on 4/12/16 at 10:10 pm to nolanola
quote:
Good luck.
quote:
I'm assuming we will never find out what the business is?
Perhaps, in time, however at this time, and for obvious reasons, I can't specify what I am working on for fear that someone else who has a lot more knowledge, experience and money may capitalize on what I believe is a great opportunity.
This post was edited on 4/12/16 at 10:11 pm
Posted on 4/13/16 at 3:43 am to Will Cover
Is it third party vehicle buying advice for dummies? When I buy (inundate you with questions), will you honor the current $0 service rate for my having bookmarked your advice prior to startup?
Posted on 4/13/16 at 5:25 am to AmosMosesAndTwins
quote:
AmosMosesAndTwins
I'll be glad to help you.
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