However, you have to wait for approval of the business plan to make the business real in terms of licenses, leases, employees, etc. In sum, don't move too fast. In writing your business plan, you will also learn a great deal about your business area. And in terms of lenders, don't despair if you are turned does. A business plan turned down by one lender may really please another lender.
Entrepreneurs tend to rush into things.
We simply recommend that you slow down enough to prepare well. Preparing to start a small business is the most important and often the most interesting part of the whole process.