How to Write a Business Plan for a Loan
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