5 Vital Resources for Writing Your SBA Business Plan for a Miami-Based Business

Writing a business plan for any purpose can be intimidating. However, if you are writing a business plan specifically for an SBA loan, the stakes can feel even higher. The good news is there are a number of resources to help you create a formal and flawless SBA Business Plan in Miami. If you need help with your SBA business plan for your Miami-based business or if you live in Miami and are creating a business that will be based anywhere in the world, these are the top local resources worth looking into.

1. Small Business Administration (SBA) – Although you are applying for an SBA backed business loan, that does not preclude you from tapping into their support options. In addition to networking with lenders to secure portions of loans making it more likely that small businesses are approved, they have a host of other services. This includes articles, guides, counseling, classes and other programs. They even have resources that can help you learn to write your SBA Business Plan in Miami.
2. Small Business Development Center (SBDC) – SBDCs exist as a partnership the SBA and – usually – local universities and colleges. They provide counseling/mentoring as well as classes and other educational sources. Their purpose is to help aspiring and existing local entrepreneurs to launch, build, and grow successful businesses. They serve to help grow and develop the economies of towns and cities across the country. There are several regional offices in the South Florida area, including right in Miami.
3. SCORE – This program which is a nonprofit partner of the SBA, focuses on offering direct business mentorship and other expert business resources to help people prepare for and survive entrepreneurship and small business ownership.
4. Minority Business Development Agency (MBDA) Business Center – The MBDA is another national agency with offices around the country. They focus on helping minority communities create lasting wealth. According to their website they serve, “businesses owned by African Americans, Asian Americans, Hasidic Jews, Hispanic Americans, Native Americans, and Pacific Islanders”.

While several of the above resources may overlap and seem redundant, they all focus on slightly different aspects of business development and approach how they provide their assistance in different ways. It is worth taking the time to research all of them in regards to your SBA Business Plan – or any business plan! They all have their own schedules and rates for different courses, seminars, and other small business resources. When you know exactly what they offer and what sessions they have coming up, you can plan to participate in the ones that are most relevant to you and work with your schedule and budget.

5. Professional Business Plan Writing Company – There are certain things that are better left to experts. Your SBA business plan is one of the largest determining factors in determining whether your loan is approved. Although the above resources will get you well on your way, if you’re able to afford it, contracting a professionally written SBA business plan in Miami is a worthy investment.

Not only will it save you precious time you can focus elsewhere in the business, you’ll usually end up with a better end product. A professionally written SBA Business Plan can sometimes be the difference between an unsuccessful and successful SBA loan application. It doesn’t matter what industry you’re in or what product or services your business will offer. Having experienced writers take this vital task off your plate can be one of the best business decisions you will ever make.