REAP Notes

 

The Sunflower State – Assessing Our Business Garden

To ensure business owners are offered the products and services they need, it is imperative to simply ask. Business needs change as the economy shifts and technology modernizes, and entrepreneurs fluctuate in interests, financial situations, and energy levels. As citizens, large business owners, and business lenders and providers, we need to pay attention to those needs and assist if we want our downtowns, communities, and local economies to thrive.

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Business Planning 101

The most effective development strategy for rural communities is small entrepreneurship – locally-owned and operated small businesses.

The first step in creating a small business is having a great idea. Next is writing a good business plan to help you make superior business decisions. Business plans are also crucial to obtain financing.

Think of a business plan as a resume for your business that should be written down and formalized. In general, it contains: