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Preparing a Business Plan
Planning Fundamentals
If you have ever considered or even dreamed of going into business for yourself, you've already engaged in some degree of business planning. Most likely your planning was intertwined with your thoughts about the personal issues that accompany a decision to start your own business. In its most general sense, business planning is all about taking your dream and turning it into reality.
A business plan is the document you create when you take an idea for a commercial endeavour and work through all the factors that will have an impact on the successful startup, operation, and management of the business. Smart entrepreneurs plan, not because accountants or business advisors tell them to, but because they understand that it increases their chances for success.
Those who have decided to embark on a new enterprise have probably already taken some steps, however informal, to confirm the viability of the new business. Creating a written plan is the next logical step in that process. In this module we'll address your key questions about business plans, including:
Business Plan Basics
A business Plan defines your business, identifies your goals, and serves as your firm's road map and resume. Before you begin writing your business plan take the SBA online course.
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With the recent opening of their new Incubation and Resource Centre and a suite of business and technical services offering spanning seven years, the Jamaica Business Development Corporation (JBDC) is on course to continue the creation and
