Always dreamed of owning your own business? One that focuses on providing cool products or services for pets? Whether you are considering manufacturing pet toys, selling pet food, providing grooming, doggy daycare or boarding, you need a solid business plan. Having that plan is one of the first steps in turning that dream into a reality.
One reality that most entrepreneurs face is that they will need the help of a lending partner to help fund that dream. As you build your business plan, you will have to calculate a budget for paying your expenses and payroll – plus include what the payments might be for repaying your small business loan.
Check out this easy-to-use calculator below to give you some ideas about how to estimate as you plan – and help you get ready to meet with a lender.