How to present a business plan for a loan

Unemployment rates are still at an all-time high, and many companies have gone bankrupt, while others are barely hanging on by a thread. With an efficient business loan, almost any enterprise can see immediate growth as long as they use the additional capital wisely.

How to present a business plan for a loan

It will be a multicultural restaurant which will serve clients desiring Jamaican and American foods. Calypso Cafe seeks to meet the needs of the varied and growing ethnicity of the greater Fort Wayne area by being the first to offer authentic Jamaican foods.

Food from this restaurant will be prepared primarily from fresh food products. This restaurant will seek to create a Caribbean atmosphere.

International music and culture will be incorporated into the restaurant through paintings, murals, and West Indian reggae music. The restaurant's location is in the south central district of Fort Wayne.

The restaurant's size of square feet will consist of the cooking area with refrigerator and freezer, counter eating area, dining area, waiting area for takeout food, and restroom. Planned financing for the restaurant is initially directed toward personal savings and the Micro-Loan Program, with later reinvestment of earnings.

The money will be used to buy and lease equipment, pay rent, pay employees, pay product vendors, and meet various other expenses. The management expects to repay all of the loan within two years of the loan date.

There will be three full-time employees and the owner: Management plans to adopt a "just in time inventory system" to avoid unnecessary refrigeration and excess stock.

To effectively and efficiently manage the inventory, there will be an independent buyer for the restaurant. He services special events and plans to incorporate this business into the new restaurant, Calypso Cafe.

His work with Burger Boy Restaurant in Fort Wayne, Indiana, was so successful and profitable that he was introduced to the idea of owning his own restaurant.

His higher scores of evaluation and good standing with Burger Boy earned him an opportunity to create some menus for the restaurant. He has worked for Burger Boy from His responsibilities include line cook and kitchen management.

His goal is to own and operate a restaurant where he can utilize his professional skills and proven experience. Josh Benson's experience and skills in restaurant business go back as far as Fromhe worked as a cook for Popeye's, Fort Wayne, Indiana. At Bella's he was responsible for managing the bar and planning special events for the guests of the resort.

How to Write a Business Plan (with Sample Business Plans)

Josh has also experienced an extraordinary activity during his years of professional service. From towhile working at Blue Waters Resort in Kingston Harbor, he overcame Hurricane Gilbert by using his leadership skills and positive sense of direction to manage tourists during the disaster.

He was able to take charge of the situation and control panic. Josh's strengths include the ability to work long hours, use creative problem-solving skills, lead with a positive sense of direction, and give constructive criticism when necessary.

His weakness is the tendency for impatience. He is willing to take risks such as when he relocated to the United States. Josh has also had other areas of interest before his career pursuit. He was awarded high honors for best performance in the Jamaican Combined Cadet Force for two consecutive years, while he was serving as a Corporal.

He also played in the town band. While in high school, Josh was very involved with the track team.There are seven major components of a business plan, and each one is a complex document.

With preparation, knowledge and these insider tips, you'll be able to create a business plan built for success for your startup. There are seven major sections of a business plan, and each one is a complex document.

Read this selection from our business plan tutorial to fully understand these components. Write a business plan that potential investors will embrace! If you're thinking of starting a business or raising money to expand an existing one, you need a plan.

how to present a business plan for a loan

Create an investment-worthy business plan with our template builder. Download into Word or PDF for free. We ask the questions, you fill in the answers. This Restaurant Business Plan has been written to use a starting point for developing your own business plan.

You are free to edit and use this business plan and its contents within your organization; however, we do ask that you don't distribute this business plan on the web without explicit permission from us.

Business Plan Outline