Small Business Plans

Check out our library of must-have reference materials for your start- up or existing small business. We have essential reads on business planning, funding, marketing, and much more.

NEW this month: this book by this author and this book by this author and can you frickin believe it??

BUSINESS PLANS

Time spent formulating your business plan is the best investment you'll make in the success of your endeavor. It is estimated by the United States SBA that organizations backed by solid business plans have a 4 times better chance of succeeding than those whose owners do not plan at all.

So many times you'll hear [and maybe you've said it to yourself] "I just have a good feeling" or "I have good luck". We can assure you that such a feeling will not override marketplace conditions and you will not succeed just because you believe very strongly or because you sacrificed your life savings to the business.

A business plan is useful during good and bad cycles of the business. You will survey the market for opportunities/threats and identify strengths/weaknesses in your model. These will help you to determine your strategy in relation to start-up capital, cash flow, financing, marketing, human resources, technology, and much more. You'll be able to plan for the best-case scenario, worst-case scenario and everything in between. Imagine literally being prepared for anything that can happen!

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There is nothing you can do to better prepare yourself for loan applications and business start-up than to develop a quality business plan. The Small Business Administration estimates that 80% of businesses that fail during the first three years of operation had not created a business plan. This is not a coincidence. A solid business plan will help you beat the odds.

HORIZONS provides consultation services to new and existing small business and nonprofit organizations. Whether your specific need is business planning, licensing, funding, human resources, marketing, technology, or another business-related condition, HORIZONS is here to help.