Bank requires a business plan to open an account
 

I have formed an offshore company and presently i'm opening a bank account. I sent all needed documents to a bank and suddenly the Compliance Department of a bank is now requesting that the client supplies a business plan.

So, my question is, does anyone have a template of such business plan or can help me with writing one for a reward (i believe it doesn't need to be long)?

Thanks in advance

Business plans are usually pretty hearty.

http://www.sba.gov/smallbusinessplan...lan/index.html

What country is the bank in?

ff to 2:15 - perfect biz plan

what country is it in?

They're not short to say the least, you need to include marketing plans, exit strategy, forecasts, projections, etc. You're looking at a 10-20 pager.
WG

Objective

To charge surfers $0.00 to gain free access to movies and use check box xsale technology to generate honest income to pay honest webmasters up to $150 a join.

Business plan suggestion #1. Modify as necessary for your personal circumstances.


My beloved,

It is my pleasure to contact you for a business venture which I intend to establish in your country.Though I have not met with you before but I believe, one has to risk confiding in someone to succeed sometimes in life.

There is this amount of FIFTEEN Million US Dollars which my Father deposited with a security company which he wanted to used for his political ambition in our Country before he was kidnapped and killed by unknown gun men. Hence my father and mother is dead, I do not have any other hope rather than this funds which is why I contacted you.

Now I have decided to invest these money in your country or any where safe enough outside Africa for security and political reasons. I only give all praises to God who made every thing to be like this, my father is gone, I can count you as my father if you wish to be a Daddy to me.

Hence this investment shall be made in your company upon your withdrawal of the consignment, I do not have money to work on this and will commit suicide and die if I cannot secure my late father's treasure which he got for his family.

I want you to help us claim and receive the consignment which will be sent to you through diplomatic means to your address to avoid any traces of the funds and to enable you plan for the investment in your Country.

I will like to invest part of the money into these three investment in your Country but, if there is any other business that is better than my suggestion, I will be very glad to follow your advice.

1). Real estate
2). The transport industry
3). Five star hotel

If you can be of an assistance to me, I will be pleased to offer to you 20% Of the total fund while the balance will be invested by you. I need your understanding and honesty to this project, I assure you to always be your brother.

I await your soonest response.

Respectfully yours,

Miss Jani Adams

St. Vincent

Search Google for "business plan template."

Hey WG,

i don't know if i need to include all this. After all i'm not looking for an investor, i believe the purpose of this business plan is to let a bank know about the nature of my business and where i will be getting payments from.

The problem is that, as an affiliate, i don't think it's a good idea to write that i sell porn, but most of the payments will be coming from CCBill...

Send them fluff - if they're not cool with it, you won't be accepted with open arms once they find out the nature of your business and you'll be out looking for a new bank in short period anyway.

If that's the case, save yourself the future headaches and find a different bank now, rather than later.

I would say that I don't have a formal business plan because I don't need investors, since I run an established online marketing business. Send them chasing after wikipedia definitions of web publisher and pay per click advertising.

Are you kidding? Just go to another bank that won't hassle you.

hey Wolfy,
thanks for the advice and a pleasant ICQ chat.

My gut tells me that there's no way this ends well for you.

If you're going to do the offshore thing, you should have it set up by professionals over here (i.e. a competent attorney) and all of these things will be handled for you.

In cases like these, you really do get what you pay for.

Just fax them a letter saying you plan to create a website where it will cost you more to get your customers than you will make off of them. You will cook the books for a few years to make it look like you are making a profit then bottom out and request a government bailout. It is working for fortune 500 companies, why not your startup. :)

Find a different bank. Or better yet contact a specialist to handle it for you, use the Google. My country is tiny, but still has specialists to handle these things. It's not that expensive. Good luck, and lol at making business plans for dipshit bankers :); You should contact them back, and demand they make a business plan, for how they're gonna protect your cash :)

I fuck your sister and sell it to your cousins.

Can I get an account with an easy to remember number?

be upfront or you are wasting your time

Usually the business plan is to acquire loans.. My bank only wanted my dba, but then again, it's not offshore

I hope not Loyal Bank

thanks for all the replies

In fact this is what i did, i hired a company that specializes in offshore solutions to register all that stuff for me. Unfortunately i haven't heard from them for 3 weeks and after i sent the request to attorneys in Panama where my company is established, they informed me that they need to provide a business plan to a bank. At th bank's site they only require the description of the nature of the business activity, i'm trying to find out if that would be enough or they really need a business plan.

polish_aristocrat, yes, it is loyal bank indeed, i've sent you an icq

Read Creating a Business Plan :thumbsup:thumbsup:thumbsup

My question is, why do you need a bank there??? Open in another country.

Some banks of some countries are really dumb. I have experienced same kind of problem.

just tell them that you are in the licking, sucking, fucking business and that the cash will just roll in every day