1. Business plan

If you are starting a small business, there is no shortage of advice on the steps you should take:  registering your business name, getting a tax ID, deciding on business structure and applying for the needed permits and licenses.  While these are all very important steps to take, a business plan will be central to how you start, grow and develop your business.

5 reasons why you need a business plan:
  1. It will help you steer your business as you start to grow.
  2. It is not as hard as you think.
  3. It will help you reach business milestones.
  4. It can help you get funding.
  5. There is no wrong way to write a business plan.
Here are the 3 documents to download for your business plan:

This guide is designed to provide an outline and template of the information that should be included in your business plan.  You may tailor it to suit your needs.  You may want to add tables, images and graphs to demonstrate and summarize statistics. 

Click HERE to download the business plan guide. 
This business plan handbook is a document that you can download.  It is fillable and can guide you through the defferent topics and questions that could be included in you business plan.

Click HERE to download the business plan handbook.
The finance plan is another very important step of your business plan.  It is used to project your revenues and expenses for the coming months and years.  It allows you to plan for lower cash flows, identify your financial needs and determine the best time to get your project off the ground.

These financial templates are comprised of 7 sections (tabs).  It is very important that all sections are filled out in the tab orders.  It is also important to fill out only the cells in yellow.  All other cells are either automatically calculated and/or are transferred to the next tab.

Click HERE to download the financial templates.

The sections (tabs) in the financial templates include: 
Tab 1: Personal balance sheet
Tab 2: Business start-up costs
Tab 3: Cash flow projection
Tab 4: Income statement (3 years)
Tab 5: Projected balance sheet
Tab 6: Owner's equity
Tab 7: Risk analysis

2. Loan calculator

This loan calculator can allow you to calculate your monthly payments based on the loan amount, term and interest rate and will help you determine how much you can afford to borrow based on your revenues.

Please note: this is a basic loan calculator and does not take into consideration the flexible terms and reimbursements we can offer.

Click HERE to download the loan calculator.

3. Interest rate

The interest rate as of June 7, 2023

PRCDC's prime rate 6.70%
   + 3%
Current interest rate 9.70%
Rates are subject to change without notice.