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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Sep 13, 2004
Page
10
A colleague and I should draft a written business plan before launching. It clarifies goals and strategies, informs lenders and investors, and helps separate realistic outcomes from fantasies. The SBA offers model outlines, and professional help may be valuable.
A compact guide outlines steps to launch a business from idea validation to written plan. It covers consulting advisers, researching costs and marketability, detailing start-up costs, marketing, and operating procedures, plus recurring plan revisions as information evolves.
This excerpt outlines how to describe target customers including age and income, market growth, pricing, and advertising strategies. It also covers management team plans, weaknesses and remedies, hiring timelines, and two budgets: startup and operating with monthly detail for three years. It mentions financial PARTNER resources and credits Valentino Sabuco CFP.
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