Do I need a business plan to get a loan?
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derick
Apprentice
Joined: 10 Apr 2006
Posts: 4
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 Posted: 05/31/08 - 05:36 Post subject: |
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| Dear all. Are there any small business owners with experience of bank loans for start up capital out here? I am hoping to open my business soon, but will need to rely on a loan. Do I need a business plan to do so? Please help me and get in touch with your suggestions and tips. |
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denice
Apprentice
Joined: 03 Jun 2004
Posts: 18
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| Posted: 06/29/08 - 23:18 Post subject: |
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| Most certainly. As a planning business owner, you will get nowhere if you are not able to produce a good and competent business plan. This goes for banks and potential investors all the same. Get in a professional to take care of it if you have to, but take care of it! |
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