Developing a Winning Business Plan

The Business Plan workshop is designed to assist entrepreneurs move ideas from mind to paper in an organized, clear and concise manner, while keeping a focus on key points.

A well crafted plan will act as a blueprint to build, maintain or expand your business and also be used to present your company as a viable and sustainable business entity in the loan application process. Further, a carefully written plan clearly presents each component of a business, explains how various aspects of a business integrate and coordinate, and assists business owners find hidden business weaknesses and opportunities.

Key sections of a Business Plan include: an executive summary, the business description, management, employees, operations and suppliers, customer and market analysis (marketing, competition, location), plan strategy (including a SWOT Analysis), loan request and financial statements (balance sheet, operating statement, personal finances, cash flow).

Note: If you have not started a business, we strongly recommend taking the "Smart Start Your Business" workshop first. Additionally, it is important to take the "Developing a Strategic Marketing Plan" workshop, which will assist you in developing the necessary research for your business plan.

Location: MD SBDC Central Region, 7400 York Road, Towson, MD 21204