Contact:
Howard SmithPasco-Hernando SCORE Chapter 439
howard.smith@scorevolunteer.org
(727) 842-4638
Bankers' Delight Business Plan
- At least in our territory, bankers are not interested in the extensive business plans discussed in most books, how-to's, or seminars. Instead, they just want the facts. They simply want to know why they should feel good about lending you their depositors’ money for your business? We'll walk you through your plan's key elements needed for success.
- This two hour seminar will teach you the best way to successfully conduct research and develop a business plan that promotes your business opportunity, whether it is a mature business seeking funds for expansion, a business requiring capital to launch a new marketing campaign, or a business purchase or new business start-up. This seminar will cover:
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- Your 5 C’s that impact your credit score. Understanding the importance of this score and your credit history on your ability to borrow and at what terms.
- Why bankers hate the traditional business plan.
- The importance of sources of business plan research and the building of a good “Assumption Table.”
- Numbers FIRST; Text SECOND – why a cash flow projection is your first concern.
- How to develop and assemble an accurate cash flow projection.
- The importance of the Executive Summary.
- The format of the Bankers’ Delight Business Plan.
- The Dos and DON’Ts when writing your business plan.
- Distribution and explanation of executive summaries and a sample business plan.