• Skip to main content
  • Skip to footer

FactorCloud Log-in

Primary Funding

  • Solutions
    • Factoring / Accounts Receivable Financing
    • Asset Based Lines of Credit
    • Bridge and Term Loans
  • About Us
    • Meet the Team
    • Our History
    • In the Community
  • Help Center
    • Blog
    • Video Library
    • Newsletter Archives
    • Referral Partners
  • Contact Us
  • Pre-Qualify!
  • Apply Now

Apply Now!Pre-Qualify!

How to Assess if Starting a Small Business is Right for You, Part 6: The Planning Phase post image
Small Business

How to Assess if Starting a Small Business is Right for You, Part 6: The Planning Phase

October 18, 2016

So, we’ve made it to the end of our journey to assess whether a small business should be a part of your future. By this point you should have:

  • determined that you are capable of running a small business,
  • come up with some business ideas,
  • explored and expanded those ideas,
  • chosen the best concept and
  • made a decision to turn that concept into reality.

And now you’ve reached the final step: writing your business plan.

Your business plan need not be complex. If you need help writing one, you can find counselors to help you. Look for business plan workshops in your city or ask someone who has experience with writing them. Or, you can likely find a decent business plan template somewhere and follow that.

However, before you start writing it, you need to gather all the information that will go into the plan and assess your business’s objectives to meet your business goals.

Perhaps the most important part of the plan is accuracy because if you’re borrowing money or trying to convince people to invest in your company, you might be held accountable for the projections and proposals laid out in your business plan. Take your time, make it thorough and use common sense.

Connect with us for a FREE consultation.

Find out how to keep your small business in operation even when the big banks won’t give you the time of day.

Click here to get your free consultation.

[Photo courtesy of Robert Douglass on Flickr]

Share this post:
  • Facebook
  • Pinterest
  • Twitter
  • Linkedin

About Diane Severson

Diane is the Director of Marketing at Primary Funding.

Primary Funding footer logo

Primary Funding Corporation
2173 Salk Avenue
Suite 150
Carlsbad, CA 92008

CA Lender’s License Number: 6034157

Privacy Policy | Web Accessibility | Sitemap

San Diego: (858) 530-1500
info@primaryfunding.com

Join the conversation!

dashicons-facebook-altdashicons-twitterdashicons-linkedindashicons-youtube

Copyright ©2025 Primary Funding. All Rights Reserved. Developed by Tiny Frog Technologies.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Reject
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT