The next section is for important documents. These will include a resume, three years of tax returns, and a paragraph on each key employee. In addition include copies of documents like your insurance policies, lease agreements and any other agreements with suppliers. The financial section comes next. These need to be put on a spreadsheet and you need to show the numbers for the first twelve months. Year two and three you only show figures each quarter of the year. You need to have done your home work and know […]

Next is the statement of the vision statement and the mission statement. The vision statement is a description of the business as the owner envisions it in three years, and five years. Use the magic wand approach. If you could wave a magic wand and make the business anyway you would want, what it would be like. This needs to be very detailed stating things like “you’ll be operating out of a building which you own. You run five trucks in your business have ten employees, and you are no […]