Successful entrepreneurs tips If you want to be successful stay ahead of your competition and make the kinds of profits. That you want there are a lot of decisions to make when you're considering applying for a business loan. So before you submit a business plan to get business funding you must need to learn 20 things to prepare a business plan for a bank loan proposal. Number 1 include the future business opportunity in your selected business idea. Also add third-party reports market research competition analysis sector analysis into your business plan. Number 2 You need to personal financial statements also include financial statements for all owners with 20% or more interest in the business these statements should not be more than 90 days old. Number 3 describe the business financial statements like balance sheet income statements and reconciliation of net worth. ...