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Tutorial: Completing a PASS application
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What is PASS?
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Table of Contents Starting A Business
Purpose of PASS
Effect of PASS on Benefits
PASS Approval Requirements
PASS Expenditures
PASS Candidates
Developing a PASS
Starting a Business Under PASS arrow
Calculating a PASS
Two Factors Affecting PASS and SSI Check
Effect of In-kind Support
Deciding Between PASS and IRWE
PASS and Social Security
Responsibilities
Final Comments on PASS
 
At a Glance

If a person is considering submitting a PASS with a work goal of self-employment, it must include a detailed business plan.

If a person is considering submitting a PASS with a work goal of self-employment, it must include a detailed business plan. The plan may require securing concurrence by more knowledgeable third parties as to the feasibility of the business in terms of the person's ability to conduct the business and ability of the business to be successful.

Some possible third party reviewers may include:

  • individuals physician
  • vocational counselors
  • small business administration
  • local departments of employment and training
  • local chambers of commerce
  • local banks
  • appropriate staff at local colleges.

The business plan must include the following components (not an exhaustive list):

  • Business name, address, owner
  • Business form
  • Description of the principal activity of the business, including a description of the product and/or service to be provided
  • Explanation of specific objectives of the business along with timetables for establishing the business and attaining the stated objectives
  • Explanation as to why business should succeed and unique features
  • A description of target market and audience demographics
  • A description of the mechanism for pricing the product/services
  • A description of the financial plan
  • Advertising plan
  • A list of personnel and their roles/qualifications

For more information on writing business plans please consult the New York State Department of Labors Guide to Starting a Business.

       

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