Who qualifies

  • At least 51% owned and actively managed by one or more women
  • Minimum of two years in operation
  • Minimum of two full-time employees (one may be the owner)
  • Revenues of at least $250,000 for retail or manufacturing business, at least $100,000 for service business
  • Operates in the Nashville/Middle Tennessee area

What the business owner must have

  • Clearly defined company objectives and goals
  • Up-to-date business plan
  • Vision for how APL will help
  • Ability to read and understand financial reports of the business
  • Willingness to share information about the business (including permission to request a credit report) and to take advice from outsiders
  • Participation in interviews and site visits

What business plan must include

  • Management team
  • Goals
  • Strengths and weaknesses
  • Areas of concern
  • Chief competitors (include strengths, weaknesses)
  • Personal strengths owner brings to the business
  • Opportunities available to business
  • Goals for the Advisory Panel

COMMUNITY PARTNER First Tennessee Bank