I grew up with Jamie Foxx and having done so may have been the most beneficial experience of my life. Being just 19-years-old, it's surely taken a while to really connect with someone who looks like me.
Capacity, capital, collateral, credit, and character are the "Five Cs" that loan offers learn in Lending 101. But to most small-business loan applicants in need of money, it is an esoteric and arduous exercise.
Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.