All information remains confidential and personal attention is given to each specific request. One of the largest obstacles every prospective business owner faces is financial backing. Even veteran business owners are often faced with refinancing questions. Your NBDC representative can look at your situation and provide you with direction regarding loan packaging. Return to Top of Page Strategic Planning Strategic planning is essential when first developing a new business or expanding an existing business.
Effective planning guarantees a promising future.
It can also prevent serious errors when seeking finanicial assistance. Strategic planning is essentially putting everything in order. It involves a marketing plan, a financial plan, a management plan, and in general a business plan that encompasses any and all aspects of the creation and operation of a successful business. The overall Business Plan is the basic written statement that described and analyzes your business and gives detailed projections about its future. Writing a business plan is the first step in finding a lender or investor.