Georgia Tech Procurement Assistance Center

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Business plan and financial plan resources are readily available

December 21, 2018 By Andrew Smith

Folks often contact the Georgia Tech Procurement Assistance Center (GTPAC) to obtain help in formulating a business plan or a financial plan for their business.  It’s important to know that GTPAC does not provide counseling on those topics.  But help is available elsewhere!

We’ll identify business and financial planning resources in a moment, but first we’d like to explain why we don’t provide assistance in those areas:

  1. Our speciality is helping business identify, compete for, and win government contracts.  You must have an active, operating business in order to benefit from our services.
  2. Competent assistance with business formation topics — including creating business plans and financial plans — is available through another state-wide organization.  Small Business Development Centers (SBDCs) provide free and low-cost help, including training workshops.

So, there are plenty of resources you can tap.  There are SBDC offices in 17 cities across the State of Georgia.  You can identify the SBDC nearest you here: https://www.georgiasbdc.org/locations/

In addition, the SBDC program’s federal sponsor, the Small Business Administration (SBA), has a free webinar entitled “How to Write a Business Plan.”  You can access that webinar here: https://www.sba.gov/course/how-write-business-plan/

In addition, here are several SBA documents that you can download right here:

  • Balance Sheet
  • Cash Flow Statement
  • Income Statement
  • Checklist – How to Write a Business Plan

Filed Under: Contracting Tips Tagged With: business plan, financial plan, Georgia SBDC, SBA, SBDC

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