Writing a strong business plan is important for any company as it provides a roadmap to success. The most important reason for writing a solid business plan is that it demonstrates to investors, financial institutions and other lenders that you have a cohesive vision for your company. The internet has numerous examples for writing business plans and technology proposals. We have found the following guides to be especially helpful to entrepreneurs in the process of applying for MTI funding:
These websites provide a good overview of the key elements that comprise a business plan:
Sample business plan templates:
Need more help with your business plan? Maine Small Business Development Centers (Maine SBDC) offers business counseling and training for Maine entrepreneurs. Visit their website here.
The Business Model Canvas is a good tool for helping craft a solid business plan. The canvas will help you brainstorm the elements of your current or new business model:
View a two minute video describing the key elements of the Business Model Canvas:
Business Model Canvas Explained (YouTube)