answersLogoWhite

0


Best Answer

A well thought out business plan can go a long way in convincing a lender to step up to the loan you are requesting. It will help you and the lender define your true business needs and set up the correct loan to fit them.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If I'm trying to acquire a small business loan, will I really need to show that I have a formal business plan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was How to Succeed in Business Without Really Trying created?

How to Succeed in Business Without Really Trying was created in 1961.


When was How to Succeed in Business Without Really Trying - book - created?

How to Succeed in Business Without Really Trying - book - was created in 1952.


How many pages does How to Succeed in Business Without Really Trying - book - have?

How to Succeed in Business Without Really Trying - book - has 148 pages.


What is the duration of How to Succeed in Business Without Really Trying film?

The duration of How to Succeed in Business Without Really Trying - film - is 2.02 hours.


When was How to Succeed in Business Without Really Trying - film - created?

How to Succeed in Business Without Really Trying - film - was created on 1967-03-09.


Robert who starred in how to succeed in business without really trying?

Robert Morse starred in "How to Succeed in Business Without Really Trying" in the original Broadway cast.


Who offers small business funding?

To get the best opportunity for funding for a new business, you should be a professional as possible, and in regard to financing, preparing formal pro-forma financial statements that show how you will be spending the funds that you are trying to acquire. Your options vary from gifts from family members to borrowing the money from a financial institution. A visit to the Loan Officer at your local bank is probably your easiest way to start.


What are the ratings and certificates for Get Smart - 1965 How to Succeed in the Spy Business Without Really Trying 2-25?

Get Smart - 1965 How to Succeed in the Spy Business Without Really Trying 2-25 is rated/received certificates of: Argentina:Atp


What year did the revival of How to Succeed in Business Without Really Trying open on Broadway?

1995.


What are the release dates for Get Smart - 1965 How to Succeed in the Spy Business Without Really Trying 2-25?

Get Smart - 1965 How to Succeed in the Spy Business Without Really Trying 2-25 was released on: USA: 11 March 1967


What are the release dates for The Smothers Brothers Show - 1965 How to Succeed in Business and Be Really Trying 1-29?

The Smothers Brothers Show - 1965 How to Succeed in Business and Be Really Trying 1-29 was released on: USA: 1 April 1966


How long is How do you Succeed in Business Without Really Trying?

About 2 hours and 45 minutes (including intermission)