Can You Start A Business In The Mist Of The COVID-19 Pandemic?

The simple answer is yes? You can start a business any time. If you are in good health there is no reason you can’t go ahead and start planning and working on your business. You can get everything together to get it rolling.

What's one of the first things you want to do to get started? You want to write a business plan. The business plan is your businesses blue print to get you started and it is the object to help keep your business going once it is started.

 

 

 

The Business Plan

The business plan has everything in it to help you organize how you want and plan for your business to start and operate.

It includes details about your business finances. It explains what you have financially and what you plan on having in the future.

It includes details about who are the key players in this business and what roll they will play to start and to keep this business running successfully at any time including a time of a crisis.

What's Included In The Business Plan

It will also include your executive summary, financial statements, details about your products/services, your customers and suppliers, your company description, organization and management team and a lot more.

The executive summary is an overview of your business total plan.

The financial statement include the income and the cash flow statements.

The products/services explain what they are and how you will deliver them to your customers.

The customer and suppliers explain who your customers are and where you plan to get the products from.

The company description explains what your business is about.

The organization and management team are the people that manage the company.

Once The Business Plan Is Written

Once your business plan is written you can seek funds to help you finance your business. Your business plan should cover everything banks will need to see so they can review it so they can see if you qualify for any funding or loans.

If you don't qualify for a loan, the loan officer will give you details about what you need to work on so you can get approved in the future.

So, the answer is emphatically YES! You can start a business during the COVid-19 Pandemic.