Business Planning

Planning for the Startup or Expansion of your Business

Why do a Business Plan? There are many reasons for developing a business plan. These might include: 

  • Concept viability.
  • Project evaluation to mitigate the risk of failure.
  • Obtaining the capital required for business development.
  • Identification of issues before implementation.
  • Creating a future growth strategy.
  • Increasing profitability with existing resources.
  • Identification of goals and data-driven results 

Should I create my own Business Plan? Yes. In doing the planning yourself, you will gain a much better understanding of the content and this will allow you to refer back to you plan with accuracy and efficiency whenever necessary. If you really must have help to develop your business plan, make sure that the assistance is nothing more than constructive guidance. Never ask somebody else to write a business plan for you - After all, no one knows your business like you do.   

Are there any tools to help me? There are many online resources (free and paid-for) that offer guidance and templates. The Small Business Development Center (SBDC) in Kansas has a great Business Plan tool that is very comprehensive and completely free of charge to use. After setting-up a free account with SBDC, you will be able to login at your convenience and follow the step-by-step directions to produce a high quality Business Plan. If required, SBDC will also offer their personal support and guidance to you, again at no cost. 
To find out more about this Business Plan Tool, visit: https://fhsu.edu/ksbdc/Business%20Plan/index.html

What other help is available to me? 

SBA: 10 steps to start your business:

Starting a business involves planning, making key financial decisions, and completing a series of legal activities. This website gives you up-to-date and relevant information to help guide you through the process. 
For more information: Visit Website

NetWork Kansas: Steps To Success. A Step-By-Step Guide to Starting a Business:

A downloadable PDF publication by NetWork Kansas. A comprehensive and systematic handbook providing an overview to process of starting a company within the State of Kansas.
For more information: Visit Website

NetWork Kansas: Referral Center/Resource Navigator:

NetWork Kansas is a statewide network of connected non-profit business-building resources that help entrepreneurs and small business owners
For more information: Visit Website

To discuss these and the many other resources available to you, contact the PCED office and we'll be happy to assist you. 

205 F St.
Suite 165
Phillipsburg,
KS
67661

Monday-Friday
8:00am - 5:00pm
Executive Director
Caleb Breon
Administrative Assistant
Celia Young
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