The following outline may be used to formulate a business plan. Feel free to add any information that may be relevant to your project.
1.
 Description of the Business
Name and location
Principal owners
Legal structure (proprietorship, partnership, corporation)
Description of business (past, present, future)
2. Product or Service
Describe product line(s) or type(s) of service
Describe materials needed and supply sources
Methods of production
Quality and cost of product or service
Describe any research and development process
Describe any future products or services
3. Market Information
Define your market area and describe possible trends
Customers and potential new customers
Competition (names, location, size)
Advantages of your product/service over others
Opportunities for growth
4. Advertising
Methods of advertising (newspaper, word of mouth)
Sales methods (cash, credit)
Pricing policy
Customer service policies (returns)
5. Facilities
Location
Size, zoning
Age and condition of facility (any improvements)
Expansion opportunities
6. Management and Personnel
Management Expertise
Key personnel (position, qualifications)
Professional services (attorney, accountant)
Present and future manpower requirements
Wage and hours breakdown
Resumes of owner and/or manager
7. Loan Request
Total project costs
Loan amount requested
Describe how loan proceeds are to be used
Other possible sources of funds
8. Financial Planning
Historic information (go back three years)
Current information (no more than 90 days old)
Projections (two full years balance sheet and income statement; and one year cash flow)
9. Benefits to the Community
Number of jobs created/retained
Building rehabilitation
Meeting community needs
10. Summary of Future Plans
Short-range (1 year) and long-range (5 year)
Expansion (add employees, larger facility)
Relocation

Siouxland Economic Development Corporation
1106 Historic 4th Street, Suite 201
Sioux City, Iowa 51101
Phone 712-279-6430 • Fax 712-224-2510

This institution is an Equal Opportunity Provider.