Victory State Bank Share Business-Plan Lesson
STATEN ISLAND, N.Y. – As Staten Island’s only community-based business bank, Victory State Bank knows the importance of business plans.
In short, a well-written business plan can provide your lender with a good look into your entrepreneurial aspiration and financial picture.
A business plan is the first step toward building a successful enterprise.
According to American Express Open Forum:
Anyone looking to start a company should know that the key to successfully obtaining funds for your venture is having a solid business plan.
An effective plan describes the mission of your company, explains the finances needed to cover start-up costs and predicts future financial projections.
Tim Berry, creator of the best-selling business plan software, Business Plan Pro and www.bplans.com, debunks some common myths about writing a business plan.
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 .