Conduct a feasibility study to begin developing a plan for a new business. Your study will help you forecast the potential for success of the business. This study will become part of your business plan which you will use to justify your proposal to lenders.
A basic business plan includes the following elements (.pdf from Small Business Resource Center).
[Library Resources to use for each element].
Name and Type of Business* [SBRC, IBIS World]
Description of Product/Service* [IBIS World]
Business History & Development*
Location* [Reference USA]
Market Analysis* [Business Decision]
Competition* [Reference USA & Business Decision]
Business Strengths & Weaknesses