BUSINESS PLAN WORKBOOK
1/8/2014
Contact Name:
Position:
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Work Phone:
Cell Phone:
E-mail:
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Mailing Address
Physical Address
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250.724.3131
Toll Free 1.866.444.6332
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Port Alberni, B.C. V9Y 8Y5
(250) 724-3131 or 1-866-444-NEDC (6332)
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Table of Contents
1.0 OVERVIEW ................................................................................................... 1
What is a Business Plan? .............................................................................................1
2.0 DESCRIPTION OF THE BUSINESS ....................................................... 2
History of the business ................................................................................................ 2
Description of the business ......................................................................................... 2
3.0 OWNERSHIP & MANAGEMENT .........................................................4
Ownership ....................................................................................................................... 4
Management .................................................................................................................. 4
4.0 INDUSTRY & MARKET OVERVIEW .................................................. 6
Industry & Competition .............................................................................................. 6
Market ........................................................................................................................... 10
5.0 MARKETING PLAN ................................................................................ 11
Advertising ................................................................................................................... 11
6.0 PRICING ...................................................................................................... 12
7.0 OPERATING PLAN ................................................................................. 13
8.0 IMPLEMENTATION PLAN .................................................................. 15
9.0 PROJECT COST & FINANCIAL PROJECTIONS ............................... 16
PROJECT COSTS .......................................................................................................... 16
Revenue/Sales Projections ......................................................................................... 17
CASH FLOW PROJECTIONS WORKSHEET SAMPLE ......................................18
CASH FLOW PROJECTIONS WORKSHEET ....................................................... 19
10.0
SUPPORTING DOCUMENTS ............................................................. 21
Building a Better Future for Business
NEDC Business Plan Workbook 2012
1.0 OVERVIEW
What is a Business Plan?
A business plan is a working tool used to assist an entrepreneur when developing a new
product/service idea or when expanding an existing business. Basically, it provides three
functions, as follows:
1. Assists the entrepreneur to organize thoughts, providing a clear sense of direction
and identifying ways to achieve specific goals and objectives,
2. Is the action plan that describes who, how, when, why and where the business will
develop and expand, and
3. Is the key document that supports a loan application for financing.
Planning is the most important task that needs to be undertaken prior to establishing or
expanding a business. Consequently, N.E.D.C has prepared this Business Plan Workbook to
serve as a working tool when formulating an action plan and developing a business plan.
This workbook is designed to:




Help clients prepare a plan of action for the start-up or expansion of their
business/project.
Compile information to be used in a business plan. This will be a basis for both the
Business Development Officer and the client to monitor the progress of the business plan
and to make any necessary adjustments.
Assist you when working with the Business Development Officer.
Assist the Business Development Officer in preparing a loan proposal to present to the
N.E.D.C Loan Review Board for financing consideration.
Some of the questions in this workbook may not be relevant to your project as this
workbook is generic. Please feel free to disregard questions that are not applicable or add a
relevant question and answer. If more space is required, please attach additional pages.
If help is required in completing this questionnaire, please contact the Business Services
Officer or a Business Development Officer at NEDC:
7563 Pacific Rim Highway
Port Alberni, B.C. V9Y 8Y5
(250) 724-3131 or 1-866-444-NEDC (6332)
Fax: (250) 724-9967
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
nedc@nedc.info
www.nedc.info
www.facebook.com/NEDC1984
If you have not done your research yet,
go back to Getting Started workbook!
1
Building a Better Future for Business
NEDC Business Plan Workbook 2012
2.0 DESCRIPTION OF THE BUSINESS
A) Name of Business:
History of the business
Is this a hobby you are turning into a business? Is this a business you started?
How long ago? Did someone else own it? etc. ______
Description of the business
What is the business and what product or service will you offer?
When do you plan to start, purchase, or expand your business?
Where is the business located and why? Is it accessible (near customers, visible,
parking, ease of access, etc.)?
What key factors will you focus on to make your business a success?
If doing contract work, comment on contracts you have secured to date or are
working:
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
2
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Describe working relationships with other businesses relevant to your business
(other businesses that will support you)
What are some of the potential risks and problems associated with your type of
business?
How do you intend to resolve or minimize these?
What environmental issues are there related to this business (land or building
issues, manufacturing process, waste disposal, etc.) ? How do you intend to
resolve or minimize these?
If purchasing an existing business, explain why the owner is selling it, how long
has it been in operation, how you arrived at a purchase price, what the trend of
sales has been, and if the business is failing how you plan to turn it around. If
the business is not failing how you plan to maintain or improve the level of
success?
Other relevant information that describes your business and its product or
service:
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
3
Building a Better Future for Business
NEDC Business Plan Workbook 2012
3.0 OWNERSHIP & MANAGEMENT
Ownership
Business form:
Sole Proprietorship
Joint-venture
Partnership
Other
Incorporated
* attach documentation: Incorporation documents, partnership /joint venture agreement, etc.*
Name of Owner
% of ownership
Youth 35 years & under:
Date of Birth (D/M/Y)
Management
Who will manage the business and how will the bookkeeping be maintained?
Management
Bookkeeping:
What are the strengths AND weaknesses of each owner/manager?
Experience in the industry and in this type of business (in an operational, supervisory,
management and ownership position)
Strengths
Weaknesses
Will mitigate weaknesses by:
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
4
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Marketing (pricing, selling, promotions, customer service/management, product
development, packaging, etc.)
Strengths
Weaknesses
Will mitigate weaknesses by:
Financial experience (do you understand bookkeeping, financial statements, financial
management, taxation requirements and laws)
Strengths
Weaknesses
Will mitigate weaknesses by:
Human resource management (hiring, firing, understanding of employment laws)
Strengths
Weaknesses
Will mitigate weaknesses by:
Administration (decision making, reading/signing legal documents, reporting, etc.)
Strengths
Weaknesses
Will mitigate weaknesses by:
And any other skills that may be relevant
Strengths
Weaknesses
Will mitigate weaknesses by:
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
5
Building a Better Future for Business
NEDC Business Plan Workbook 2012
4.0 INDUSTRY & MARKET OVERVIEW
Industry & Competition
What is the North American Industry Classification System (NAICS) code for
your business?
Please give a description of your industry?
What trends are currently happening in this industry?
What affects the growth or decline in your industry? (ie; Canadian dollar, income
levels, environment or health conditions, technology breakthroughs, etc.)
____________________________________________________________
___________________________________________________________
Direct competitors: (companies serving the same customers and providing similar benefits
ie; Seattle’s Best Coffee Co. directly competes with Starbucks Coffee Co.)
Describe the rivalry among existing competitors:
Cooperative
1
2
3
4
5
Fierce
Indirect competitors: other companies in the product category and other products satisfying
the same needs/problems ie; other beverage co.’s (like Orange Julius, soda, tea, water) are
indirect competition to coffee co.’s because they fulfill a person’s thirst need
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
6
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Tell us about your indirect competition (substitutes):
Very few
substitutes that
cost a lot more
1
2
3
4
5
Lots of substitutes
available at a
competitive price
3
4
5
New businesses start
all the time
Frequency of new business start-ups:
New business startups are extremely
rare
1
2
What are the barriers to entry in the industry? (Costs incurred to compete or things
that make it challenging to start this kind of business) ie; certification, copyrights, high
R&D/marketing/production costs, equipment, licensing, etc. _____________
What government regulations exist that you must consider in starting or
operating your business? (www.bcbizpal.ca is a great resource for this step)
City/Band:
City Hall (don’t forget your business license or Band Council Resolution!)
Off-reserve: My location is zoned:
Zoning by-laws that concern my business:
If your business is on-reserve do you have a Band Council Resolution (BCR) in
support of your business?
Yes
No
If your business is on treaty lands, please explain the process of attaining a
business license for your business:
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
7
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Provincial:
Ministry of Small Business and Revenue (PST?), Employment Standards Branch, Worksafe BC,
Ministry of Public Safety and Solicitor, Liquor Control and Licensing Branch General, Liquor
Distribution Branch
Federal:
Corporate Registry, Canada Transport, Environment Canada, Ministry of Health, Health
Canada, Canada Coast Guard, Canadian Revenue Agency (GST/HST, yes taxes), Corporations
Canada
What steps have or will you be taking to comply with the laws and regulations
that apply to your industry?
Which industry organizations are or will you be a member?
INCL.
YOUR
BIZ
Suppliers
Buyers
Customers
Tell us about the suppliers for your inventory or service providers (suppliers)
compared with people who buy their supply or expertise (buyers):
Many suppliers,
few buyers
1
2
3
4
5
Few suppliers,
many buyers
Tell us about the buyers for your product or service (customers) compared with
who is serving them (sellers):
Many customers,
few sellers
1
2
Get help when you need it - contact NEDC:
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3
4
5
Few customers,
many sellers
If you have not done your research yet,
go back to Getting Started workbook!
8
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Choose your main three competitors and compare them to your business.
Importance
to
Benefit/
Customer
Competitor
Attribute/
(rank:
Feature
My Business
1=high)
2
I.E.: Innovation
Strives for continuous
improvement
Waits and adopts tech 2 – 3
yrs later
Competitor
Competitor
Has been the same for
years
Has updated some things
but most is outdated
Products
Price
Quality
Selection
Service
Reliability
Advertising
Expertise
Company
Reputation
Location
Appearance
Sales Method
Credit Policies
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
9
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Describe the advantage you have over your competitors (what makes your
product/service different/better):
How do you plan to obtain a share of the market?
Market
The more you understand your customers, the better your chances of success!
Is your target market (customers you are trying to attract)? Describe.
Local:
Regional:
National:
International:
Who will be your typical customer? (i.e. individuals or businesses, computer
literacy, age group, sex, etc.)
____________________________________________________________
____________________________________________________________
What characteristics do your customers display? ie; social class, lifestyle,
buying habits, income, etc.
____________________________________________________________
____________________________________________________________
How many customers will you have?
Many customers that buy few or a few customers that buy many?
____________________________________________________________
____________________________________________________________
Have you done any research to see if people are interested in purchasing your
product/service? If so, summarize and attach result.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
10
Building a Better Future for Business
NEDC Business Plan Workbook 2012
5.0 MARKETING PLAN
What “need” or “problem” does your product or service fulfill?
How do you know this?
Advertising
Discuss any advertising or promotion that you have already completed for your
business.
Describe how you will attract and keep your market?
How can you expand your market?
**Your advertising initiatives should directly relate to your target customer and how they would typically
decide to buy your product!
Type of advertising you will use:
Type
Cost*
Business Cards
Direct Mail
Flyers
Magazine
Newspaper
Packaging
Radio
Sign
Website (Internet)
Yellow Pages
Other
Description & Rational
*Attach documentation that shows the cost of the advertising media you have chosen
What other promotional efforts will you do and why?
Identify and explain any professional help you need to market your business.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
11
Building a Better Future for Business
NEDC Business Plan Workbook 2012
6.0 PRICING
What price are your competitors charging for their product or service? The
price ranges from: $0.00 to $0.00 with the three closest competitors charging
as follows:
Competitor:
Competitor:
Competitor:
Price:
Price:
Price:
Please see the Getting Started workbook – worksheet 2.6 “Your Lowest Selling Price” (page
36) for help in determining the lowest price you can sell your product at without losing
money. There is also an explanation on Mark-up and Profit Margin that you may find useful.
How did you calculate the price for your product or service?
What is your mark-up?
Profit margin?
How much are your customers willing to pay for your product/service?
Is your price within this range?
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
12
Building a Better Future for Business
NEDC Business Plan Workbook 2012
7.0 OPERATING PLAN
Hours of the day your business will operate: Days and times
Will your business will be seasonal or year round? If seasonal, specify the period
during the year your business will operate.
Describe how your product or service will be made or delivered – be descriptive!
When will you be able to start producing your product or service?
How will you keep track of inventory? computerized - excel, etc. manual quarterly/annual counts, etc.
How long does it take for you to make one of your products? If you are a
service, how long does it take for you from start to finish?
What problems could occur in the production process or during delivery of
service?
How will you deal with them?
Describe any special requirements your business has, such as water or power
needs, ventilation, drainage, etc.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
13
Building a Better Future for Business
NEDC Business Plan Workbook 2012
What have you done to secure the necessary permissions, such as zoning
approvals?
What quality control measures will you have?
Describe any product testing, price testing, or prototype testing that you have
done on your product or service.
Where are you going to get the materials you need to produce your product or
service?
Describe any terms, prices and/or condition you have negotiated with your
suppliers.
What alternative arrangements have you made or will make if these suppliers let
you down?
What equipment will you need, how much do you require, how much does it cost?
* List the equipment, # required, and estimated price, attach a separate sheet, if needed,.
*Attach a list of your existing assets, such as land, buildings, inventory, furniture, equipment
and vehicles and their worth.
What additional staff, other than the positions outlined in Section 3.0
Ownership and Management, are required?
**Attach an outline for each position describing the duties, skill requirements, training plans,
hours, wages and benefits.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
14
Building a Better Future for Business
NEDC Business Plan Workbook 2012
8.0 IMPLEMENTATION PLAN
Outline the necessary steps that will be required to implement your business
plan including start and end dates (or allocated time) and who will be responsible
for ensuring completion:
Task/Objective
Ie; Purchase Equipment
Get biz name & license
Person Responsible
Owner A
Owner A
Start date
Jan. 1, 08
Jan. 1, 08
End date
Jan 17, 08
Feb. 1, 08
Who will be responsible for ensuring that these tasks/objectives are completed
as outlined above? i.e. supervisor's or managers name
__________________________________________________________
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
15
Building a Better Future for Business
NEDC Business Plan Workbook 2012
9.0 PROJECT COST & FINANCIAL PROJECTIONS
PROJECT COSTS
To determine the project costs of your business, total the prices of everything
you require for your project from your quotes and pricelists.
Use of Funds - Total Project Cost (Funds Required for):
CAPITAL
Land
Building
Equipment
Inventory
Materials/Supplies
Other:
OPERATING/MARKETING
$
$
$
$
$
$
Insurance
Legal
Fees
Advertising
Utilities
Other:
TOTAL PROJECT COSTS:
$
$
$
$
$
$
$
Sources of Funds
Equity:
Available CASH you will be investing:
$
What other assets you will be contributing to your business?
i.e. vehicle, equipment, supplies, etc.
Estimated value
$
Loans & Contributions:
What other funding sources will be accessed? (ie; grants, etc)
Estimated amount
$
Amount you are requesting from NEDC?
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
$
If you have not done your research yet,
go back to Getting Started workbook!
16
Building a Better Future for Business
NEDC Business Plan Workbook 2012
Revenue/Sales Projections
Break-even Sales:
What is your break-even level of sales?
*see Worksheet 6.6 - Break-even sales worksheet in the “Getting Started” workbook (pages 86 & 87) if you still
need to calculate your breakeven sales.
Annual Sales
What are your anticipated annual sales per year (allowing for seasonal
fluctuations)?
Month
January
February
March
April
May
June
July
August
September
October
November
December
Total Annual Sales
# of items sold
Monthly sales $
0
$0.00
*If you need help with this, see worksheet 6.3 in the “Getting Started” Workbook for a revenue projection
sample and worksheet (pages 82 & 83). Attach completed worksheet.
If you did not use this worksheet, attach the worksheet you used to come to your projected sales amount.
List any assumptions you made to create your projections or attach and label
working papers “Sales projections working paper”.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
17
CASH FLOW PROJECTIONS WORKSHEET SAMPLE
Name of Month
CASH IN:
Sales
Other Income (NEDC Loan)
TOTAL CASH IN
(A)
CASH OUT:
Advertising
Accounting
Legal Fees
Bank Charges
Equipment
Vehicle – fuel
Vehicle – Maintenance
Insurance
License
Rent
Lease - Office Equipment
Office Supplies
Repairs & Maintenance
Telephone/Utilities
Wages – Owner
Wages – Other
Travel
Training & Development
Miscellaneous
TOTAL CASH OUT:
NET CASH
(B)
(C=(A-B) )
Term Debt: ( loan payments)
Loan 1 (NEDC)
Loan 2
TOTAL TERM DEBT
(D)
Inc./Dec. in Cash (E=(C-D) )
Cash - Beginning of Month (F)
Cash - End of Month (G=(E+F) )
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
$
$
$
$
$
$
$
$
$
$
$
$
8,000
6,000
4,000
2,000
2,000
2,000
3,000
8,000
6,000
4,000
2,000
2,000
2,000
$67,000
$40,000
3,000 $107,000
500
$500
100
$100
0
$0
20
$20
0 $1,000
1,200 $1,200
300
$300
0
$250
0
$0
200
$200
50
$50
150
$150
300
$300
400
$300
2,500 $2,500
1,000
$500
200
$0
0
$0
100
$100
7,020
7,470
SAMPLE
300
200
100
100
0
0
20
20
0
0
1,000
800
150
150
0
0
0
0
200
200
50
50
100
50
300
200
300
300
1,500
1,500
300
0
0
0
0
0
100
100
4,420
3,670
200
100
0
20
0
400
150
0
0
200
50
50
200
300
1,500
0
0
0
50
3,220
200
100
0
20
0
400
150
0
0
200
50
50
200
300
1,500
0
0
0
50
3,220
100
100
0
20
0
400
150
0
0
200
50
50
200
300
1,500
0
0
0
50
3,120
100
100
0
20
0
400
150
0
0
200
50
50
200
300
1,500
0
0
0
50
3,120
200
300
0
20
0
400
150
0
0
200
50
50
200
300
1,500
0
0
0
50
3,420
$4,300
$1,900
$1,500
$240
$31,000
$8,800
$2,250
$1,450
$100
$2,400
$600
$1,500
$5,500
$3,800
$20,000
$2,300
$600
$500
$950
$89,690
4,180 1,830 2,980
2,980
2,530
3,580
780
-1,220
-1,120 -1,120
-420
$17,310
890
890
890
150
150
150
1,040 1,040 1,040
3,140
790 1,940
0 3,140 3,930
3,140 3,930 5,870
890
150
1,040
1,940
5,870
7,810
890
890
890
890
890
890
890
890
150
150
150
150
150
150
150
150
1,040
1,040
1,040
1,040
1,040
1,040 1,040 1,040
1,490
2,540
1,290
-260 -2,260 -2,160 -2,160 -1,460
7,810
9,300 11,840 13,130 12,870 10,610 8,450 6,290
9,300 11,840 13,130 12,870 10,610
8,450 6,290 4,830
$10,680
$1,800
$12,480
$4,830
$4,830
6,000 6,000 8,000 10,000 10,000
40,000
46,000 6,000 8,000 10,000 10,000
1,000
500
500
500
200
100
1,500
0
0
20
20
20
30,000
0
0
800
800 1,000
150
150
300
1,200
0
0
100
0
0
200
200
200
50
50
50
500
150
150
3,000
200
200
300
300
400
1,500 1,500 1,500
0
0
500
400
0
0
500
0
0
100
100
100
41,820 4,170 5,020
2,330
TOTAL
18
CASH FLOW PROJECTIONS WORKSHEET
Apr
$
Name of Month
May
$
Jun
$
July
$
Aug
$
Sept
$
Oct
$
Nov
$
Dec
$
Jan
$
Feb
$
Mar
$
CASH IN:
Sales
Other Income (NEDC Loan)
TOTAL CASH IN (A)
CASH OUT:
Advertising
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Accounting
Bank Charges
Equipment
Vehicle
Insurance
Legal Fees
License
Rent/Lease
Office Supplies
Miscellaneous
Repairs & Maintenance
Telephone/Utilities
Wages
Travel
Training & Development
TOTAL CASH OUT: (B)
NET CASH (C=(A-B) )
Total
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Loan payments
0
0
Loan A (NEDC)
Loan B
TOTAL TERM DEBT (D)
0
0
0
0
0
0
0
0
0
0
0
0
Inc./Dec. in Cash (E=(C-D))
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash – Beg. of Month (F)
Cash - End of Month (G=(E+F))
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Income Statement Projections
Complete the following income statement or provide NEDC with prepared financial
statements. The table is a guideline and may not be completely compatible with your
business. Feel free to change/add/delete to suit your business. Annual expenses can be
calculated at estimated monthly cost X 12.
INCOME STATEMENT PROJECTIONS
Year1
Revenues
Product Sales
Services
Other Revenue
Miscellaneous
Year2
Year3
$0.00
Total Revenue (A)
Expenses (variable or direct costs)
Fuel
Materials
Commissions
Purchases
Subtotal Direct Costs (B)
Expenses (Fixed costs)
Accounting & legal
Bank Charges
Advertising
Loan interest
Office and general
Depreciation / Amortization
Licenses and fees
Repairs & Maintenance
Insurance
Freight
Utilities
Telephone
Rent
Management Wages
Wages and benefits
Subtotal Adm. & General (C)
Net Income before taxes:
(Revenue–Expenses = A – (B + C))
**For an existing business, please provide financial statements for the last 3 years.
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
If you have not done your research yet,
go back to Getting Started workbook!
20
10.0 SUPPORTING DOCUMENTS
Attach the following documents (if applicable):
Market Research documents & sources outlined
Relevant Photos or maps
Rental or Lease Agreement of Location
Permission from Landlord to operate home-based business
Letters of Support
Contracts secured
Resumes for Owners and Key Personnel
Shareholders Agreement or Partnership Agreement
Certificate of Incorporation
Historical Financial Statements (3 years preferably)
List of Equipment to be purchased with price and totals
Estimates or Quotations for purchase of Equipment
Applicable Purchase Agreements
Insurance Quote
Asset List
Evaluation of Used Assets Contributed
Band Council Resolution (if on-reserve business)
Marine Survey (if purchasing a boat)
Thank you for taking the time to fill out this workbook!
Now contact NEDC:
7563 Pacific Rim Highway
Port Alberni, B.C. V9Y 8Y5
(250) 724-3131 or 1-866-444-NEDC (6332)
Fax: (250) 724-9967
Get help when you need it - contact NEDC:
nedc@nedc.info ◦ 250.724.3131 ◦ 1.866.444.6332
nedc@nedc.info
www.nedc.info
www.facebook.com/NEDC1984
If you have not done your research yet,
go back to Getting Started workbook!
21