460 IAC 14-13-3 - Comprehensive written business plan

Authority: IC 12-8-8.5-4; IC 12-9-2-3; IC 12-9-5-1; IC 12-9-5-3

Affected: IC 12-9-5; IC 12-12-1

Sec. 3.

(a) An eligible individual must develop a comprehensive written business plan for any small business operation.

(b) The comprehensive written business plan must address all aspects of start-up costs, sources of funding, sufficient resources to leverage start-up capital, ongoing operation costs, and the likelihood of profitability within a reasonable time frame.

(c) An eligible individual's comprehensive written business plan must identify any third-party sources sought, secured, or utilized for initial start-up costs of the eligible individual's business.

(d) The VR program shall not provide assistance for any eligible individual's business until the VR program reviews and approves the eligible individual's comprehensive written business plan.

Notes

460 IAC 14-13-3

Division of Disability and Rehabilitative Services; 460 IAC 14-13-3; filed 7/13/2015, 4:09 p.m.: 20150812-IR-460140507FRA Readopted filed 8/18/2021, 10:01 a.m.: 20210915-IR-460210198RFA