How important does the business plan to lenders?

Answers:2   |   LastUpdateAt:2012-08-14 03:39:04  

Asked at 2012-08-13 18:24:02
I want $ 20,000 loan business to expand my small business . I've never taken serious to write a business plan for my business , and I like to play the words or numbers, but my business has some benefit. I can get a loan if I have a qualified business plan ? Please help .
Answer1Curly SueAnswered at 2012-08-13 18:41:03
if you only need $ 20,000 and you do not want to write a business plan , try to get the business credit card and take cash advance , many credit cards offer better rates for cash advances , the business loan research tasks.
Answer2lost and confusedAnswered at 2012-08-14 03:39:04
if you had 20,000 you lend it to someone with an idea? Not if you're smart . You just steal the idea or tell him to go . You do not even get $ 1000 without some sort of business plan. Is it reasearch . You can find stencils online.

You have to show that you know what you're doing and gain their trust and confidence. if you can not explain things well, then you should get a partner who can .
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