WHY Do You Need a Business Plan?
It’s an essential first step. If startup financing is anticipated, a Business Plan may be required by the lending institutions. You must have a Business Plan that demonstrates how the proposed practice will be profitable. The plan will force you to prepare a working outline to determine if you are considering everything you need to start a practice or to make a major change in your practice. Also, many of you will be seeking funding from banks or other lenders at some point in time. In today’s environment, however, due to increased scrutiny by lenders, you may be required to show up with a Business Plan.
HOW Do You Prepare a Business Plan?
Since doing a Business Plan can be a tedious process, let Tracker Enterprises, Inc. prepare your Business Plan for you. Tracker has developed a format for preparing an in-depth Business Plan that meets the criteria required by practice owners, investors and lending institutions.