Looking for SBA business plan writers in Georgia? Whether the consultant you hire lives in Georgia or not, the requirements for a lending plan that would meet the Small Business Administration's standards are going to be approached in the same way. The SBA looks for a document that is concise but comprehensive, backed up by careful assumptions and market research, and completed with a three-year financial pro forma that shows what the business can accomplish with the funding its seeking. The seed capital should be shown in a use of funds table (start-up summary) that itemizes their intended use, by category. The SBA needs to accomplish all of the following:
• A demonstration of the market need
• Show the market opportunity in your specific area
• A cash flow that remains balance-positive for three years
• Prove that the loan can be paid off in equal, steady payments
• The management team is up to the task at hand
• You know when and who to hire each year
The pro forma model needs to include all of the basic tables demanded of financial reviewers: a revenue forecast, the break-even analysis, a profit and loss table, a graph of the cash flow, and the balance sheet for all three years. The business plan model will also need to show the first year broken down into months, which may feel strange but is a hard-and-fast SBA requirement. Your plan will have to describe exactly what products and services you plan to deliver and who the target customers are, as well as your strategy for delivering on those promises. MasterPlans is the industry's leading Small Business Administration business planner, and our team has created thousands of SBA-ready lending plans, fully customized. You don't have to live in Oregon to take advantage of our team's skills. Call 877-453-2011 today.
