Most entrepreneurs need the business plan for the bank. Although every founder and every entrepreneur should prepare the business plan primarily for their own planning and self-information, the most common use is the business plan for the bank.
What is important in the business plan for the bank?
It is useful to know what the recipients of this bank business plan value. And it is important to be clear about their interests:
The readers of the business plan are first and foremost employees of the bank, and as such they do not want to make the wrong decisions.
They have to look at the lending request from a return and risk perspective. They will not have the same enthusiasm for the business idea and the business plan as the founder.
The business plan for the bank must therefore quickly demonstrate to the bankers that it is an attractive business for the bank.
A banker is interested in five questions, and a good business plan must answer them clearly and positively:
To make a good impression on your financiers, you only have one shot.
Only with a professional business plan that is complete, well-researched, coherent, realistic and meaningful will you meet the requirements of banks and investors for funding.
Unfortunately, fatal mistakes are often made here that can block your doors with the most important banks and investors.
You can avoid this very easily: Have your bank business plan drawn up by an expert. Or have your own draft reviewed by an expert.