Documents to help determine if your business concept will work and make money
Information on: County Clerks, Chambers of Commerce, Secretary of State, Texas Workforce Commission, US Dept. of Labor, Business permits/licenses, IRS, State Comptroller’s Office, State Board of Insurance, TX Dept. of Economic Development
Excel spreadsheet that will help assess how much money will be needed to start the business
Is it the right idea for you? Does the business idea have a market? How many competitors are in that market? How much money will be needed to finance the start-up?
Business Plan
Everything you need to write your business plan effectively
This document will help you find the uniqueness of your business.
Use this worksheet to help you create a customer profile.
Quick, easy to follow template to help you write an Executive Summary.
The standard version used by the U.S. Small Business Administration and SBDC’s across the nation.
Financial Worksheets
Financial components and worksheets for your business plan
Use this set of Excel financial spreadsheet examples to create cash flow, profit and loss, sales and balance sheet forecasts.
Excel spreadsheet that will help assess how much money will be needed to start the business
This tool calculates pricing from costs of goods sold information
An Excel spreadsheet containing explanations to each line item and step by step instructions on how to complete.
Marketing Plan
Worksheets that make creating a marketing plan easier
You will define your target market with this document which will also help you maximize your marketing efforts.
A worksheet to help you determine the Strengths, Weaknesses, Opportunities and Threats of not only your business but of your competitors as well.
This document reviews the business concept, target market, industry trends, marketing goals, SWOT, tactics to implement the strategies, and how to measure results with these marketing efforts.
SBA Loans
Types and methodology to obtaining an SBA guaranteed loan
This article discusses the 5 main elements that banks review to see if you are worthy of a business loan.
List of the typical types of documents a bank will request when considering an SBA guaranteed loan and a conventional loan.
Contact information for the banks in our area that are SBA Preferred Lenders.CLICK HERE
SBA 7a Lender Activity Report as of 10-31-2021
Alternative Financing
Other ways to obtain funds to grow a business
A guide to what is needed within a short presentation pitch to investors.
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An outline of the things you must have in place before an investor will be interested in your product/service.
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Information on some true local grants available to help companies grow.
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Information about the urban legends that surround “free money” from the government.
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Buying a Business
Important tools when considering the purchase of a business
Franchising can be a great alternative if you want to have some guidance in the start-up phase of the business.
While there are various several valuation approaches, the most commonly used method is the Multiple Of Seller’s Discretionary Earnings.
Discussion of steps to starting the purchase of a business, advantages to choosing an existing business and doing your due diligence.
Top 20 things you’ll need to have or know before buying a business.
Miscellaneous
More valuable documents and resources for your business
View the latest NTSBDC Network directory for contact information of other local SBDC’s.
Overhead rates can help you effectively manage operations by measuring overall performance against similar companies in your industry.
Link to the local purchasing agents to find out how your business can sell to them.
Websites for information on how a small business can get minority certified and how it can begin doing business with the three levels of government: local, state and federal.
Additional Resources
The Richardson Innovation Quarter, also known as simply “Richardson IQ® ” or “The IQ®, is a living laboratory for big ideas and ground-breaking technology.
CLICK HERE
SCORE is an independent non-profit resource partner with the U.S. Small Business Administration.
CLICK HERE
Collin College’s Continuing Education offers career skills training for small business in the ares of management, administrative, finance, marketing and much more.
CLICK HERE
SBA works to ignite change and spark action so small businesses can confidently start, grow, expand or recover.
CLICK HERE
Note: Templates, forms and resources can be downloaded to help in business planning. Materials, services or products offered by this SBDC do not imply or constitute a recommendation or endorsement by the SBDC, but is only intended to be a convenience for you. You must perform your “due diligence” by reviewing all materials to determine if they meet your needs.
