Business plan help is easy to find

May 30, 2009, 5:24PM

Q: The process of writing a business plan is daunting to me. How do I get started?

A: When this happens to aspiring entrepreneurs, the obstacle is often just knowing what information is needed and where to find it, and then actually putting it down on paper.

For starters, you’re not venturing into unknown territory. Millions of people have transformed their ideas into thriving enterprises. Putting together a business plan is a valuable learning experience, an opportunity to learn about your chosen new field, and yourself. The proverbial first step of this journey is relatively easy.

Many valuable resources are available that can guide you through the process from start to finish. These aids can’t do all the work for you. You still will need to invest a fair amount of time and effort in research, writing, revising and more research.

But once you do get started, you may well find yourself wondering why you waited so long.

To get a complete picture of how a business plan is structured, visit the Small Business Administration’s Web site, www.sba.gov/smallbusinessplanner. The pages outline the elements found in most business plans and provide a wide range of sample plans for various types of businesses.

The SBA’s basics page also offers helpful guides to financing, marketing, employee relations, taxes and other topics that entrepreneurs should consider as they shape their business plans and strategies. At SCORE’s Web site, www.scorehouston.org (click on free business resources), you’ll find many valuable tools and other information. Download the easy-to-follow templates directly to your computer and get started.

Each section of the business plan templates explains the type of information that’s needed, why it’s essential to the plan, and the questions you will need to answer when seeking financing.

Remember, however, that while these tools can provide a good start, they are by no means all-inclusive and you may need more guidance from experienced business counselors.

Take advantage of free and confidential business counseling at one of SCORE’s several Houston area locations or attend one of SCORE’s workshops or seminars on business planning. If the nature of your business or industry requires considering specific issues, go to www.score.org and request online assistance.