Business Action Plan Page 5
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• The business should be legally
The IDA can pay for:
established and not in violation of any law
enterprise
Expenditures indicated in
or public policy.
the Qualified Business
• The owner must have a “Qualified
Plan, such as:
Business Plan” that has been reviewed and
• Capital
approved by a financial institution,
• Plant
microenterprise development organization,
• Equipment
or nonprofit loan fund.
• Working Capital
• Inventory
• Licenses
MATCHED SAVINGS FUND
BUSINESS PLAN CHECKLIST
This form should be attached to all business plans submitted for review.
Date Reviewed:
Reviewer Comments:
Reviewer:
IDA Saver:
1.
Business Profile
Business Description (includes: type of service, product, industry)
Type of Business
Legal Status
Identified Target Market
Business Goals
Proposed Use Of Funds
2.
Marketing Plan
Advertising Methods
Other Publicity Methods
Timeline for Implementation
3.
Financial Statements
Past Year Income Statements (if applicable)
Past Year Balance Sheet (if applicable)
Past Year Cash Flow Statements (if applicable)
Projected Income Statements
Current YTD Balance Sheet
Projected Balance Sheet (taking into account IDA funds disbursed)
Projected Cash Flow Statements
Business_Purchase_Plan_2009_07-27
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Parent category: Business