The Best Business Plan Templates

 

best business plan template

Dec 11,  · The Balance. The Balance's business plan template is broken down into sections that will aid you in completing the best possible business plan, whether you are creating it . Mar 07,  · A well-written business plan can help convince investors or lenders to finance your business. This template includes instructions for each section of the business plan, followed by corresponding fillable worksheet/s. After you complete the 11 worksheets, you will have a working business plan for your startup. The business plan sections include. This template provides a business plan outline with sample questions, tables, and a working table of contents. It was created for newer versions of Word and Excel (Office or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps. It is best to use.


8 best business plan templates (and what to include in your own) - GoDaddy Blog


Think you have a great idea for a business? The simple business plan template presented here will get you started. A standard business plan consists of a single document divided into best business plan template sections including a description of the organization, the market researchcompetitive analysissales strategiescapital and labor requirements, and financial data.

The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground. There is still going to be a lot of work involved.

For instance, not only do you have to complete the financial spreadsheets, but you have to do the math yourself. Finally, merging best business plan template from Excel spreadsheets into your Word document is harder than it looks.

A corporate business plan for a large organization can be hundreds of pages long. However, for a small business, it's best to keep the plan short and concise, especially if you intend to submit it to bankers or investors.

Capping your plan at 30 pages should be sufficient unless you need to include photos of products, equipment, logosbusiness premises or site plans, etc.

Once you complete your simple business plan be sure to format it attractively, print it and get it professionally bound. You want your business plan to convey the best possible physical impression; make it something people are going to want to pick up and look at, best business plan template.

Enter your business information including the legal name, address, etc. If you already have a business logo you can add it at the top or bottom of the title page. An overview of the industry and how your business will compete in the sector.

In this section, you need to demonstrate that you have thoroughly analyzed the target market and that there is enough demand for your product or service to make your business viable.

The Target Market description and Competitive Analysis portions can be two separate sections in the plan or combined as shown:. Describe your product or service, how it benefits the customer, and what sets it apart from competitor offerings i. Describe how you intend to price your product or service. Describe how you will distribute your products to the customer if applicable. Will you be selling wholesale or retail? What type of packaging will be required?

How will the product s be shipped? What methods will be used for payment? This section describes the legal structure, best business plan template, ownership, and if applicable the management, and staffing requirements of your business.

List ownership percentages if applicable. If the business is a sole proprietorship this is the only section required. Describe managers and their roles, key employee positions, and how each will be compensated. The operating plan outlines the physical requirements of your business, such as office, warehouse, retail space, equipment, inventory and supplies, labor, etc.

For a one-person, home-based consulting business the operating plan will be short and simple, but for a business such as a restaurant or a manufacturer that requires custom facilities, supply chains, specialized equipment, and multiple employeesthe operating plan needs to be very detailed. Describe your production workflow.

Include factors that may affect the time frame of production and how you'll deal with potential problems such as rush orders. Describe the physical location of the business including location, land, best business plan template, and building requirements.

Include zoning approvals and other permissions necessary to operate your business. Outline expected staffing needs and the main duties of staff members, especially the key employees, best business plan template.

Describe how the employees will be sourced and the employment relationship i. Detail any employee training needed and how it will be provided. Include a list of any specialized equipment needed. If your business is manufacturing, retail, food services, etc. Give descriptions of major suppliers if needed. Describe how you will manage inventory, best business plan template. The financial plan section is the most important section of the business plan, especially if you need debt financing or want to attract investors.

The financial plan has to demonstrate that your business will grow and be profitable. To do this, you will need to best business plan template projected income statements, cash flow statements, and balance sheets. For a best business plan template business, these are forecasts. A good rule of thumb is to underestimate revenues and overestimate expenses. Do this on a monthly basis for at least the first year for a startup business. The Cash Flow projection shows your monthly anticipated cash revenues and disbursements for expenses.

For a startup, this would be on the day best business plan template business opens. Note also that the Balance Sheet is much simpler for unincorporated businesses without employees. Income tax, pensions, medical, etc. Including a breakeven analysis will demonstrate to financiers or investors what level of sales you need to achieve to make a profit.

The appendices and exhibits section contains any detailed information needed to support other sections best business plan template the plan. Small Business Business Plans. By Susan Ward. Continue Reading.

 

Simple Business Plan Template for Entrepreneurs

 

best business plan template

 

Mar 07,  · A well-written business plan can help convince investors or lenders to finance your business. This template includes instructions for each section of the business plan, followed by corresponding fillable worksheet/s. After you complete the 11 worksheets, you will have a working business plan for your startup. The business plan sections include. This template provides a business plan outline with sample questions, tables, and a working table of contents. It was created for newer versions of Word and Excel (Office or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps. It is best to use. Nov 29,  · Read More, creating an official plan is a crucial step. A business plan outlines your intent, goals and milestones, and anticipated revenue. Said simply, a business plan template can get you off to the right start. Plans to Start With. The intent of these first templates is Author: Sandy Writtenhouse.