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It is common for businesses, especially start-ups, to have three or four formats for the same business plan.An "elevator pitch" is a short summary of the plan's executive summary.All of your information entered into this tool can only be viewed by accessing your account using the password you have specified.
An internally-focused business plan is often developed in conjunction with a balanced scorecard or a list of critical success factors.
This allows success of the plan to be measured using non-financial measures.
You can also use your completed business plan to discuss next steps with a mentor or counselor from an SBA resource partner such as SCORE, a Small Business Development Center (SBDC) or a Women's Business Center (WBC).
Complete each section of SBA's Business Plan Tool at your own pace.
Save your work at any time and pick up where you left off the next time you log into the tool.
Your information will be saved for up to six months after your last login date.The content of the presentation is usually limited to the executive summary and a few key graphs showing financial trends and key decision making benchmarks.If a new product is being proposed and time permits, a demonstration of the product may be included.These plans typically have detailed information about the organization or the team making effort to reach its goals.With for-profit entities, external stakeholders include investors and customers, for government agencies, external stakeholders are the tax-payers, higher-level government agencies, and international lending bodies such as the International Monetary Fund, the World Bank, various economic agencies of the United Nations, and development banks.During the step-by-step process, this tool will update the status of your business plan.Once you save your information and move to a new section in the business plan, a checkmark will appear in the numbered section menu at the top of the screen denoting when each section is complete.A well thought out plan also helps you to step-back and think objectively about the key elements of your business venture and informs your decision-making on a regular basis.SBA's Business Plan Tool provides you with a step-by-step guide to help you get started.Get started now by logging in or registering for a new account.A business plan is a formal written document containing business goals, the methods on how these goals can be attained, and the time frame within which these goals need to be achieved.