Victory State Bank: Don’t Underestimate The Importance Of A Business Plan

STATEN ISLAND -- Considering a business loan? Most experts agree that a business plan is an important place to start.

A good business plan not only will give potential lenders a better picture of your enterprise and goals; it will provide you – the business owner – with an improved understanding of what you need to do in order for your venture to grow.

Need help with you written plan? Victory State Banks suggests consulting with business experts.

Staten Islanders are fortunate because there is free help available from the New York State Department of Labor and such business advisory groups as SCORE and the Small Business Development Center at the College of Staten Island (SBDC at CSI).

You may want to begin your business-plan education on Nov. 9, when the SBDC teams up with the New York State Department of labor to present a free seminar on the topic.

The event will be held at the Department of Labor, 120 Stuyvesant Place, St. George, from 2 to 5 p.m.

Topics will include the benefits of a business plan for new and established businesses, and cash-flow management.

For additional information, contact the SBDC at 718-982-2560, or e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com .

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