You're taking a step in the right direction by putting your ideas and energy into action. Effective business planning will help you move forward with more confidence, efficiency and a greater likelihood of success. Keep in mind that one of the primary reasons businesses fail is due to lack of planning.
Truth is, planning is nor that difficult.
The following outline is here to help you, step by step, to create your business plan. Your business plan will also detail exactly how the loan will be spent to your business forward. You'll need to research the costs of the materials, space, equipment, personnel and all the other things you'll need to buy, rent, lease, etc. to run your business. Perhaps the most important reason for writing a business plan is to keep you on track. Your business plan will serve as your guide as your business grows.