Business Action Plan (Page 3 of 6) in pdf

Business Action Plan Page 3

B. Things I need to do to achieve my goals

Feasibility Study

Repair Credit

Business Plan

Obtain Licenses

Market Research

Business Training

Financial Projections

Apply for a Loan

Review credit report

Enroll in IDA

Other: __________________

C. Assessment of current situation

Why do I want to start this type of business? _______________________________________________

___________________________________________________________________________________

What knowledge do I have about this business? ____________________________________________

___________________________________________________________________________________

What experience do I have? (resume’)____________________________________________________

___________________________________________________________________________________

How much time do I have to work on this business? _________________________________________

Do I have financial resources to bring to my business?

Yes

Do I have adequate income to cover my expenses while I am getting my business up and going?

_____________________________________________________________________________

How much debt do I currently have? _____________________________________________

Do I need a loan to start/expand/improve my business?

Yes

What does my credit look like? ______________________________________________

What have I already done in terms of market research, business plan development, etc?

_________________________________________________________________________

Do I have the support of my family members?

Yes

Business_Purchase_Plan_2009_07-27

Business Action Plan Page 3