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| Purpose of a Business Plan | Preparation | Marketing Plan | Templates and Examples | Developing Your Business Plan Checklist
Is Your Business Plan Ready?
The following is a checklist to help guide you to the next step in the entrepreneurial process. Although this is not a comprehensive list, consider the following criteria involved in developing a strong business plan. |
 | The executive summary of your business plan provides an outline of your new venture and highlights its potential |
 | Your business plan details how your company will be managed and owned |
 | Your product or service and its development needs have been fully described |
 | Your business plan provides a sound understanding of your chosen market and target
customer base and explains how you will successfully target opportunities in the market |
 | The operational needs of your product or service have been identified such as equipment, facilities, and manpower |
 | You have examined the legal responsibilities of your new venture such as taxation, regulations, permits and licenses |
 | Your business plan details the amount, sources and types of financing that you require, including personal and outside resources |
 | Your business plan is complete with all necessary information such as background information, a marketing plan, an operating plan and financial data |
 | You have gone over your business plan with your partners, family, legal experts and chosen financial lenders |
 | | After meeting the criteria on this list and with a completed business plan in hand it is time to look into your Financing options. A strong business plan will make it easier for you to obtain any financing that you may require. |
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Phone the Ag-Info Centre, toll-free in Alberta at 310-FARM (3276), for assistance. |
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