Tag: what does a business plan look like

Business Plan

How to Write a Business Plan for a Loan

8 min read

A business plan is a document that explains what a company’s objectives are, and how it will achieve them. It contains a road map for the company from a marketing, financial, and operational standpoint. Some business plans are more detailed than others, but they are used by all types of businesses, from large, established companies to small startups.

If you are applying for a business loan, your lender may want to see your business plan. Your plan can prove that you understand your market and your business model, and that you are realistic about your goals. Even if you don’t

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Business Plan

Exclusive: Petrobras eyes steady investments in new five-year business plan, CEO says

[1/4]Brazil’s state-run oil company Petrobras Chief Executive Jean-Paul Prates attends an interview with Reuters in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes

RIO DE JANEIRO, July 17 (Reuters) – Brazil’s state-run oil company, Petrobras (PETR4.SA), will keep total investments in its next five-year business plan in line with the last, CEO Jean Paul Prates told Reuters on Monday , allaying market fears of a spending spree under the new leftist government.

Petrobras is preparing to preview its upcoming 2024-2028 business plan next month, Prates said, ahead of approving the final plan at the end of the month.

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Business Plan

Dig Portico Brewing’s environmentally focused business plan

Portico Brewing

Portico Brewing believes that its business should be a force for good, especially when it comes to the environment. Formerly a contract brand, Portico debuted its own brewery and community focused taproom near the Somerville-Cambridge line in Massachusetts in spring of 2023 but started thinking about its impact well before opening. Cool ideas range from locating in a LEED Gold certified building, to supporting local non-profit groups that help protect nature and its ecosystems, to sourcing toilet paper made from 100% recycled content for its bathrooms.

It’s all part of what the brewery recently opened refers to as its environmental

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Business Plan

Is it time to get a business credit card for your side hustle?

Now more than ever, side hustles are part of consumers’ financial picture. According to a Bankrate survey, 39 percent of US consumers with a side job rely on that income to cover basic living expenses.

And even those who are already working a second job may need to increase that income to keep up with the rising cost of living. If you’re trying to grow your side gig, you might consider getting a credit card for your business. Here’s how to know if it’s time.

You have substantial start-up costs

Depending on what kind of side gig you start, you

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Business Plan

BCE to hold awards reception for 2023 Ropp Triplett Business Plan Competition

The Bluffton Center for Entrepreneurs (BCE) has announced a June 27 awards reception for the 2023 Ropp Triplett Business Plan Competition. This event will take place at 6:30 pm on the third floor of the Bluffton Town Hall. The program will begin at 7:00 pm

BCE Director Jim Enneking explained, “The awards reception allows us to recognize the participants who completed the Small Business Information Series, presented by the Small Business Development Center at Rhodes State College. The series served to equip entrepreneurs with the necessary tools and knowledge to successfully complete a business plan for their business.”

“We will

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Business Plan

Registration opens for the San Angelo Business Plan Competition

SAN ANGELO, Texas (Concho Valley Homepage) — Registration for the 2023 San Angelo Business Plan Competition is open until August 21, 2023. Senora Scott talked to Dezaray Johnson and Nora Nevarez of the Angelo State University Small Business Development Center about the competition and how entrepreneurs and aspiring entrepreneurs can sign up to win up to $40,000 to start or expand their small businesses.

The San Angelo Business Plan Competition 2023 is a two-phase business plan competition with a cash grant prize as well as in-kind prizes donated by local businesses. Entry is now open and requires business owners to

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Business Plan

Family Offices Step Up to Fund Oil, Gas

Family offices are increasingly investing in oil and gas, and some industry analysts and executives say their presence may offset some of the macro deficit created when generalist investors fled the E&P space.

A decade of small returns coupled with a rising tide of anti-fossil fuel sentiment drove shareholders away from the sector in recent years. But private family offices may be less distracted by the sector’s history, especially as many large producers – flush with free cash flow – are now returning record cash to investors.

Dallas-based private equity firm Pearl Energy Investments closed a $705 million fund in

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Business Plan

How to Write a Business Growth Plan

When you run a business, it’s easy to get caught in the moment, always focusing on the day in front of you. But to be truly successful, you need to be looking ahead. You need to plan for your growth. To help with that process, many business owners write business growth plans, which provide a timeline for the next one to two years on how revenue can increase. In order to write an effective business growth plan, you need to understand what one is, the different types of strategies to consider, and how to project ways for your revenue to

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