Once your business is up and running, you may discover that successful future growth is more of a challenge than you thought it would be. The issues you now face require more sophisticated research, complex analysis and strategic planning.
The SHSU SBDC team can help your established business with expansion efforts, whether you want to identify new markets, obtain capital for growth or develop innovative strategies.
Perhaps your business plan has changed, or maybe you never got around to writing one. You've probably heard the saying, “Businesses don’t plan to fail, they fail to plan,” and it is true that having a well thought-out, written business plan can help you stay on track for success. A business plan can help you get organized, support an application for a loan and serve as a roadmap to take your business in the right direction.
Even though most business plans basically follow a generic outline, no two plans are exactly alike. Your plan should include key factors for your specific industry. Your plan can be written to guide your day-to-day operations or it may be developed to target a specific audience such as a banker or investor.
Our free and confidential consulting can help you with the process of putting together or revising your own business plan. In addition, our staff has available resources such as ProfitCents which can help with a financial check-up or industry comparison of your business, also at no cost to you.
To learn how to tap into new markets, find expansion capital or receive help with strategic planning, email us with your specific situation or request and let us help you with your business.