Make A Good Business Plan
1. Make sure the accounting or financial columns add up correctly.
2. Make sure you provide ample information and documentation to explain the business and support the loan amount.
3. Make sure the document contains all of the required components of a good business plan.
4. The financial projections should be reviewed by a qualified accountant.
5. Make sure assumptions are documented and justified.
6. Please add a table of contents, appendix for graphs, charts or pictures, and use tabs.
7. Please make sure your plan includes an executive summary.8. Do not use of home-made
accounting formats for the preparation of financial statements or pro forma work.
9. Do not submit ‘incomplete’ or ’see what you think’ plans.
10. Make sure the small business owner prepares the plan and can answer any questions posed by an underwriter.
11. Document your ability to manage the business correctly.
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February 11th, 2008
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