How can I make a presentable business plan to a bank?

Question

getting a loan to open a business

Answer 1

try going on google and type business plan for bank and see what you come up with. or go to the local library or book store to fine books on the topic

Answer 2

• Revenue sources: What are the basic revenue sources? What is the size of the total market? What is the TAM (total addressable market)? Are there multiple revenue channels? In addition to the source issues, the decision needs to be made as to how the revenue will be received — on sales of units, as a subscription, a license, fees, etc.
• Cost drivers: The easiest method to analyze the drivers is to utilize an income statement and develop a spread sheet of the components. You need to know which costs are fixed, variable and those that only occur on an infrequent basis such as major purchases. The next step is to break the costs into categories such as labor, benefits, rent, marketing and sales expenses, etc.
• Investment size: How much money will you need before the company achieves a positive cash flow? After projecting the revenue, subtract the costs of doing business, including the major purchases. The point at which you need the most cash may be months into the future as you continue to use cash to build your product and your customer base.
• Critical success factors: Once you have developed the above components, you need to test each of them in order to determine which of the factors are the most critical. Develop a range for each revenue source, cost component and the various levels of investment. Then test each of them within your model by applying the high and low points in the range. You may find that a small adjustment in one of the cost components will have a major impact on profitability.
For example, losing a supply source that has given you a competitive advantage may mean the difference between operating at a profit or at a loss. I recommend that you develop this analysis in a spread sheet, giving you the opportunity to explore any number of alternatives.

Answer 3

You'll get the best help and advice from s.c.o.r.e., a non profit organization made up of retired business owners who give advice on all aspects of small business. They can tell you about business plans, like what to include, how long it should be, and all kinds of other stuff. Trust me, they are great. me and my mother-in-law are each trying to open our own business, and they have been invaluable in the process. Here is a link to their website, but they also have local offices everywhere, and you can go talk in person or over the phone. they are listed under the federal government section of the yellow pages, under the small business administration. Good Luck!

Answer 4

research at the library [they have books on how to]
make sure a cost projection is included
it helps the bank make decision faster

Answer 5

You use Microsoft word template or Corel word template for a business plan.. type it all up. and put it into a report folders and hand it to them. Nothing fancy but its very professional.