+ Reply to Thread
Results 1 to 15 of 15
  1. #1
    rjallen22's Avatar
    rjallen22 is offline Junior Member
    Join Date
    Sep 2008
    Posts
    8

    Business Plan Purposal

    What is the best way to purpose a business plan to a Bank when the Bank is who you are offering your business to, and not purposing for a loan.
    Last edited by rjallen22; 09-14-2008 at 07:27 PM.

  2. #2
    brownbob06 is offline Member
    Join Date
    Mar 2008
    Posts
    83
    ...It's Proposal...
    StayFitForum - Visit, join, post, get into shape, it's that simple!

  3. #3
    Visalus Sciences is offline Junior Member
    Join Date
    Sep 2008
    Posts
    21
    Quote Originally Posted by rjallen22 View Post
    What is the best way to purpose a business plan to a Bank when the Bank is who you are offering your business to, and not purposing for a loan.
    What is your intention with the bank?...are you planning on working with the bank?

  4. #4
    er8dred's Avatar
    er8dred is offline Junior Member
    Join Date
    Oct 2008
    Location
    Nashville, TN
    Posts
    12
    A business plan has lots of purposes, not just for financing. It is used to show you've got all of your ducks in a row.

  5. #5
    2ono.com is offline Junior Member
    Join Date
    Oct 2008
    Posts
    12
    Best Plan for the Business Proposal ,
    Give Important to following things

    1)Explain your Business in deep with future requirement and how it will success in future ?
    2)Why you inspire to do this business?
    3)what is your internal factor and external factor which can be your weakness and try to show that which will full fill by your bank
    4)What is your preparation for the business ?
    5)Capability for the business and your experience in the business

    More detail you may get from the 2ono.com
    For Small Business opportunity

    www.2ono.com
    Money making source for entrepreneurs and small business owners, a step-by-step guide to starting and operating your own business

  6. #6
    akula's Avatar
    akula is offline Moderator
    Join Date
    Sep 2005
    Location
    Sydney, Australia
    Posts
    5,791
    Quote Originally Posted by 2ono.com View Post
    Best Plan for the Business Proposal ,
    Give Important to following things

    1)Explain your Business in deep with future requirement and how it will success in future ?
    2)Why you inspire to do this business?
    3)what is your internal factor and external factor which can be your weakness and try to show that which will full fill by your bank
    4)What is your preparation for the business ?
    5)Capability for the business and your experience in the business

    More detail you may get from the 2ono.com
    u have no idea what u're talking about
    there's only one answer to "What is the best way to propose a business plan to a Bank?"
    and that is "ask the bank what their criteria is for processing business proposals"
    all banks have criteria, and your 5 points are not at the top of the list
    get a clue before taking the responsibility to advise people
    Last edited by akula; 10-16-2008 at 12:26 PM.

  7. #7
    jimjim89 is offline Junior Member
    Join Date
    Oct 2008
    Location
    Yorkshire, England
    Posts
    20
    Quote Originally Posted by rjallen22 View Post
    What is the best way to purpose a business plan to a Bank when the Bank is who you are offering your business to, and not purposing for a loan.
    are you trying to sell your products and services to the bank? If that's the case you don't offer your business plan to them. You may need to use elements of your business plan (forecasts, break even etc) to prove to the bank you are worthy of their custom. If it's a bank then I can guarantee (as I work in a similar institution) that a lot of their products and services will either be produced in house or bought en-masse. The exceptions being the odd external lunch or ultra-specialised consultants

  8. #8
    Brainy's Avatar
    Brainy is offline Member
    Join Date
    Nov 2008
    Location
    Indiana
    Posts
    67
    I suggest research, and I do have a book to refer you to in this regards: "Entrepreneur America" by Rob Ryan, aka "Smart Ups". I found it one of the best handbooks for helping the elementary steps & fundamentals of starting up. Check it out...
    All the best...
    Brian Morgan

    - - - - - - - - - - -
    Morgan Insurance Group LLC
    Indiana (USA)

    My Contact Email
    sales.brianmorgan@gmail.com

  9. #9
    Ainslie is offline Junior Member
    Join Date
    Nov 2008
    Posts
    6
    I want to get $20,000 business loan to extend my small business. I have never taken serious to write a business plan for my business, and I don't like play the words or numbers, but my business do have some profit. Would I get a loan if I have no a qualified business plan? Please help.

  10. #10
    Jason J Lisowski is offline Junior Member
    Join Date
    Oct 2008
    Posts
    4
    I need to understand your business, and what you plan to propose to the bank. Once I know this, I will be able to send across a detailed proposal.

  11. #11
    mbrand2222 is offline Senior Member
    Join Date
    Jul 2008
    Posts
    109
    Ainslie, it may be in your best interest to start a new strand for your inquiry.

  12. #12
    ohmystars80 is offline Junior Member
    Join Date
    Dec 2008
    Posts
    11
    I'm not sure I understand the original question, but it seems like if you are making a proposal to provide a service/item to the bank, you'd make it a marketing proposal like for any other client. Listing features, benefits, etc. This doesn't mean you wouldn't need your business plan, but you wouldn't use it for that.
    "The tiger can't change his spots. No, wait, he did! Good for him!"

    ---Jack Handey

  13. #13
    nadi is offline Junior Member
    Join Date
    Dec 2008
    Posts
    1
    hello... i'm a new boy in to become an entrepreneur....
    may I share and learn a bit of you all

  14. #14
    coreydesimone is offline Junior Member
    Join Date
    Dec 2008
    Posts
    6
    that's a good question, the answer is..."DONT". the banks are bullshit.. don't get into "startup-debt".

  15. #15
    Mach is offline Junior Member
    Join Date
    Feb 2008
    Posts
    5
    I will put it to you this way. If you had $100k and someone off the street came up to you and wanted you to give them money for a business or something, what would that person have to do to convince you that you will make money, and they won't fail. Banks are businesses as well.

    Best of luck

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Untitled Document
YoungEntrepreneur Logo Featured on: Business Week About Alltop Wall Street Journal

Terms of Service | Privacy Policy


SEO by vBSEO 3.5.0 RC3