The SBA 8(a) Business Plan is not a typical business plan designed for strategic vision, receiving a loan or seeking investment in the firm. Form 1010c is designed to determine your businesses objectives and capabilities in fulfilling government contracts and to establish business goals. Once these goals are deemed to have been met by the SBA the firm will graduate from the 8(a) Program. Therefore, it is critical that form 1010c Business Plan be structured in a manner that the 8(a) Classification will be preserved for the entire 9 year period. This will insure that you business is able to meet its longer-term goals. A non-professional business plan writer will not consider all of the elements the SBA is seeking. A poorly constructed 1010c will have future ramifications for your firm because the SBA will review this business plan annually.
Form 1010c is a demanding project and typically requires an inexperienced team 3 to 6 weeks for preparation. Revisions maybe needed to the business plan based upon your SBA Representatives view of your initial draft. These delays cost time and money. Also the 52 questions require lengthy answers consisting of the following eleven elements.
This Business Plan must be thought out and the business objectives must be clearly defined. For example in the section Contract Support Targets the SBA requires estimates as to what percentage of your contracts will be provided outside of government. It is important that you have a rational structure for your answers as well as the ability to meet these targets.
ez8a has an experienced team of consultants ready to take the guess work out of the SBA Business Plan Process.
The price of this service is $1,450.00