Business Plan Template
Business Plan Template
The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It is divided into several sections. Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any sections (s) that do not apply to your type of business. When you are finished writing your first draft, you’ll have a collection of small essays on the various topics of the business plan. Then you’ll want to edit them into a smooth-flowing narrative.
The total document should not exceed 25-30 pages in WORD and a few Excel spreadsheets.
The real value of creating a business plan is not in having the finished document in hand; rather, the value lies in the process of researching and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, study and research if you are not sure of the facts, and look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later.
This following business plan template is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. In addition wherever it talks about existing company and existing customers, achievements, etc., in case, you are just starting then talk about the proposed company, customers that you will get and milestones that you propose to achieve, etc.
It typically takes several weeks to complete a good plan. Most of that time is spent in research and re-thinking your ideas and assumptions. But then, that’s the value of the process. So make time to do the job properly. Those who do, never regret the effort. And finally, be sure to keep detailed notes on your sources of information and on the assumptions underlying your financial data.
A Business Plan usually covers the following broad topics (we will show you a detailed template that
The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It is divided into several sections. Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any sections (s) that do not apply to your type of business. When you are finished writing your first draft, you’ll have a collection of small essays on the various topics of the business plan. Then you’ll want to edit them into a smooth-flowing narrative.
The total document should not exceed 25-30 pages in WORD and a few Excel spreadsheets.
The real value of creating a business plan is not in having the finished document in hand; rather, the value lies in the process of researching and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, study and research if you are not sure of the facts, and look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later.
This following business plan template is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. In addition wherever it talks about existing company and existing customers, achievements, etc., in case, you are just starting then talk about the proposed company, customers that you will get and milestones that you propose to achieve, etc.
It typically takes several weeks to complete a good plan. Most of that time is spent in research and re-thinking your ideas and assumptions. But then, that’s the value of the process. So make time to do the job properly. Those who do, never regret the effort. And finally, be sure to keep detailed notes on your sources of information and on the assumptions underlying your financial data.
A Business Plan usually covers the following broad topics (we will show you a detailed template that