Do I Really Need A Business Plan?
Almost every small business development organization, business coach or even fellow business owner would say that you need a business plan, and for good reason! “Creating a strong, well thought-out business plan is the most important step you can take if you are serious about developing a financial and emotional rewarding business.” This is great advice from the Alaska Small Business Development Center.
Your business plan can be so much more than a required document for financing. It has the ability be an incredibly useful tool to help you map out your future and your goals. It should be a living document that is referred to regularly and updated as you complete objectives and set new ones. So what goes into a business plan? How do you write one that will actually be this amazing road-map for your business? There are a number of great resources available, and many of them for free!
The Small Small Business Administration (SBA) is a great resource that will help you plan, launch, manage and grow your business. They can guide you through the process of market research and competitive analysis, assist with writing your business plan, help with calculating your startup costs and even guide you in finding funding. There are local SBA offices throughout the US including ones in Alaska and Washington.
If you are looking for a business mentor to help you through the process, SCORE is another great resource. They are a non-profit organization that has been “helping small businesses get off the ground, grow and achieve their goals through education and mentorship” for over fifty years. They have volunteer mentors who share their expertise across 62 different industries and have over 300 chapters across the US and it’s territories.
We are here for you as well! If you really just want someone local to talk to about where to get started, we can be that person. We work every day with entrepreneurs seeking creative solutions for their problems and helping them to successfully promote and grow their businesses.