Writing a Business Plan

On January 24, 2014, American Corner offered a special lecture on How to Write a Business Plan to over 300 university students at Pannasastra University of Cambodia (PUC). Ms. Sarah Fitzgerald, the Director of Lending, Montana Community Development Corporation (Montana CDC, USA) lectured Ms. Sarah focused on two important points are community works and writing a business plan.

Lending community in Montana CDC, there are two types of Consulting Centers in the community. Small Business Development Center is free business consulting on business planning, accounting, marketing, and financing with low cost of business training. And Procurement Technical Assistance Center (P-TAC) is free consulting for business interested in government contracts. In addition to this her community function is like business loans system which would help and develop Montana people who are willing to do their own business.

Writing a business plan is another crucial idea for running our own business in successful ways. Sarah has mentioned that writing a business plan is outlining on six categories such as Executive Summary, Business Description, Marketing Plan, Operations, Financial Plan, and Request for Financing. After Sarah’s lecture, there were many students asking for some advices in which situation would be applied for doing business in Cambodia.