Developing a Business Plan

A good business plan and proper financing are crucial to succeeding in your business.  Make sure your business plan clarifies your mission, analyzes the potential of your business, and defines how much money you will need to get started and how much you will need to earn in order to keep your doors open. The Virginia Small Business Development Centers, Thrive Mentor Network, offer a work guide for the entrepreneur starting a new business, which provides valuable information on developing a business plan and facts about small business loans and types of capital and financing. The technical assistance they provide is free, thanks to funding through a cooperative agreement with the U.S. Small Business Administration.