Starting and managing a business takes motivation, desire, research and planning. To increase your chance for success, take the time up front to build a comprehensive Business Plan. The economic development professionals of the Springdale Chamber of Commerce are happy to help you access many excellent resources available to assist you in developing a Business Plan.

In general, a good business plan contains:

  • Business Plan Executive Summary

    • A concise overview of the entire plan
  • Market Analysis

    • Illustrating your knowledge about the particular industry your business is in
  • Company Description

    • A high level look at how all the different elements of your business fit together
  • Organization and Management

    • Company organizational structure, details about ownership, profiles of management team
  • Service of Product Line

    • Description of your service or product and the benefits to potential and current customers
  • Funding Request

    • An explanation of the different funding scenarios you will need to start or expand your business
  • Financials

    • Developed after analyzing the market and setting clear objectives allowing you to allocate resources efficiently

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