Business Plan Template

Business Plan Template

What Is a Business Plan Template?

A Business Plan Template is a roadmap that contains the overview of a start-up or established company. A free Business Plan template can be downloaded through the link below.

Whether you have decided to change the business direction of your company or you are brainstorming ideas for your future entity and drafting a Small Business Plan template, a well-documented strategy will allow you to evaluate your current standing, analyze the skills and traits that will help you to run a successful business, underline the weak points to work on, and conduct polls to discover if the local community or larger public is interested in your product.

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How to Write a Business Plan Template?

You can use a Business Plan template we offer or follow these steps to compose your own document from scratch:

  1. Make a proper cover - write down "Business Plan" and name your entity, add its address and logo, and state the date you prepare this document.
  2. Include an executive summary - a short introduction of your business plan. Use one page to outline an overview of your business - its mission, ideas, plans, advantages, and financing requirements. Additionally, it is possible to mention the motivation behind starting a business.
  3. List your contact details and products or services you are offering your clients. You may single out several most popular goods or services you are willing to provide, briefly describe them, and record their prices using a small table.
  4. Write down several paragraphs about yourself, the business owner - elaborate on your education history and practical experience that will come in handy when you run your business. Honestly assess your virtues and flaws even if you are creating a simple Business Plan.
  5. Determine your marketing strategy - how you are going to promote and sell your products and services. Research the market and similar organizations to find out whether your prices and discounts seem fair. Contact potential customers and learn their reactions to your product.
  6. State the location you have selected for your office or store and explain the reasoning behind your choice. Indicate the staffing strategy for the first months or years of business - how many people you are going to hire and what will be their main duties.
  7. Check the legal requirements of your state and county to learn what steps to take to properly register the company, what licenses and permissions are required to operate the business, and whether you need an insurance policy.
  8. Detail the accounting plans - who will do the bookkeeping of the business and take care of short- and long-term financing.
  9. Add a table with an operating budget breakdown to predict your revenue for the first six months or one year of operating a business.
  10. In case you would prefer a short Business Plan, consider filling out a One-Page Business Plan template to elaborate on your mission, establish the objectives of your organization, prepare a yearly budget, estimate the income, project the expenses, and build a marketing plan.

Haven't found what you need? Take a look at the related templates below:

Download Business Plan Template

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