Fri 21 Aug 2015 | By:

5 Solid Resources for Writing a Business Plan in Arkansas

Write a Business Plan

I’m sure that you’ve thought about starting a business in Arkansas  for quite a long time and now, it’s finally here. Before you execute your plans, you have to condition your mind that building your Arkansas small business will require time, effort, money and most especially patience – a lot of it.

In this article, we’re going to discuss the first step on how to start a business in Arkansas, writing a business plan. I’ll also introduce you to 5 solid resources to help you write the most solid and professional business plan for your Arkansas startup.

A business plan can be compared to a blueprint in engineering. Before engineers and architects build infrastructures such as buildings and houses or roads and railways, they have to create a design plan, a technical drawing of the entire process – this is also the same for a business.

If you build something without a concrete guide on hand, you may end up building something totally different. You’ll not be able to organize your activities and distribute your resources properly.

Look into each of these 5 resources to write a solid business plan for your Arkansas startup. You’ll be glad you did!


1) LivePlan

LivePlan is a cloud-based business plan software that will assist you through the steps of starting your Arkansas small business. With lots of useful learning resource such as video tutorials, how-to guides and ebooks about starting and managing a business, you’ll have an idea of just about everything.

LivePlan also has competitive and efficient features that will help you complete your business plan in no time. For just $11.66 monthly if you pay annually, you’ll be able to use all the software’s practical features.

To see how your business plan will appear, you can check out our review.


2) SBA’s Business Plan Template

The US Small Business Administration has prepared a special business template for all entrepreneurs who want to start their own Arkansas startup by writing a road map first. The SBA’s business plan tool will assist you while you write your business plan by providing you with step-by-step instructional materials.

They will also help you project your business 3-5 years ahead and assist you in creating an outline of where your business is going. The SBA Business Plan Template can be used for free, all you have to do is sign-up for an account and access it with your password at a convenient time for you.

Save your files into PDFs, update and work on them anytime, anywhere. Learn how to use the tool, try it for free now.


3) How to Write a Business Plan: A Quick Guide

True to its word, Startup Savant makes entrepreneurship simple and to help you write your business plan efficiently, we made an easy-to-understand quick guide for you. This guide will assist you in completing your business plan in a snap, it’s as simple as it gets so you can follow the steps even if you’re a new business owner.

With the quick guide’s comprehensive and detailed 3-step process, business plan writing is made easy. For the good of your Arkansas small business, visit how a traditional business plan is made here.


4) StratPad

StratPad is a modern and cloud-based business plan software that has assisted thousands of entrepreneurs draft the best business plan for their companies. It has an excellent track-record and has proven its reliability and efficiency in creating well-made business plans.

For just $8.25 every month if you decide to pay yearly, you’ll be able to use features such as a downloadable business toolkit, automatic financial statement and reports generation, helpful resources and the StratPad Connect.

Wondering how your business plan will be laid out? Check our StratPad review.


5) Business Plan Pro

Business Plan Pro, considered as one of the most experienced business plan software solutions in the field. It has over 15 years of experience and shows no signs of slowing down. Because of its quality service and increasing popularity, it’s the most sought-after business plan software in the market.

Although it’s a bit pricey compared to its counterparts, Business Plan Pro proves that its features are worth the price. Some of the services that you can take advantage of for just $99.95 include the following: 500+ of sample business plans, financial model, useful learning resources, templates, wizards and automatic calculations.

See how it is to use Business Plan Pro by reading our complete review.


Wrapping up and Planning for Success

Wrapping Up and Starting a BusinessWriting a business plan is not required by the state of Arkansas, however, making one would definitely help you start and manage your business.

If you want to successfully build a small business in Arkansas, I highly recommend that you write one by using one of the 5 resources I’ve mentioned above.

Look into and take advantage of these resources and see which fits your business the best!

About Liesha Petrovich

Liesha is a small business owner of 20 years, host of Startup Savant, the owner of a karate dojo in Maine, and creator of Work Mobly. During free time she's with her family and working on a Doctorate in Entrepreneurship.