The letter can mention how much has already been invested in the business, and what profits are projected for the next year or two. If you wish to discuss my business plan with me in person I am always available to arrange an appointment. People starting a small business may spend hours preparing their business plan, but not give much thought to the cover letter.
Finding out the name of the person getting the letter is vital Example: Each time you update this document and present it, you will need to update this date.
The plan contains your business purpose, marketing plans and financial reports. It is important to state clearly the benefits for the bank or investor. Times New Roman or Arial are good business fonts to use. Enter your business information. I hope you will consider the loan I am asking for.
I have carefully considered the needs of my business and why it will be a good investment for your bank. The cover letter is an integral part of the plan.
Here is an example of a business plan cover letter. There should also be a brief mention of the financial position without going into too much detail. Other information, such as your business phone and website should be included underneath the address, single-spaced. When presenting your formal plan, you should place it inside a binder and attach a cover page denoting what the document is.
Smith - The first paragraph should tell that a business plan is attached. How much money is available without the loan to invest in it and the amount of profit intended realistically to show that careful financial planning went into this plan.
Thank you for your consideration. Use a large, easy to read font that looks professional and corresponds to the font that you used for the rest of the document.
This title should be typed in the largest font size that will be on the page, as it is the focal point for the document.
The rest of the statistics are in the plan. Another expressed interest in their consideration works here as well. I have been cooking all my life and think that I could create a unique and profitable restaurant experience. I understand your time is valuable. It should be personalized for each lender or investor to whom it is sent.
Thank you for your interest and consideration in this. If they do not know the lender, they should remember that the lender will judge them by the content and tone of the letter. Type the title in the center of the page.
This information should be the smallest on the page, perhaps a point font. This will show the lender or investor that the business is worthwhile.
If the name of the person receiving the letter is unknown its better to call the bank and ask. An offer to come schedule a meeting for discussing the business plan should also be included. It can have just enough to present the business as viable and show that the applicant has done his or her market research.
It should be updated regularly throughout the life of your business, because your business will change over time. It also should talk about the financial plan.Sample Great Business Plan Cover Sheet The Business Plan Cover Page should include your plan name, company name along with address, phone number, web site and email address Business Plan Cover Template.
Business Plan Outline 1. Cover Sheet or Title Page Keep it to a single page. Include the following information: Name of the company Company address. Use this example business plan cover letter as a template for your formal cover letter.
A business plan cover letter is vital to getting a business attention from lenders or other forms of investors. A good business plan will always include a cover letter addressed to the person reading the rest of the plan. Business Plan Outline (cover sheet) Business Name Business Address Business Phone Website Owner’s Name Date Executive Summary/Letter 1.
Brief description of your business. When submitting a business plan to a lender or investor, it is important to include a business plan cover letter that is addressed to the person who will review the business plan. This is the applicant’s chance to have a personal word with the lender and prepare him or her for reading the business plan.
business plan cover mint-body.comDownload