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 employees, the operating plan needs to be very detailed.
The Operating Plan Section of the Business Plan will provide you with additional information about your operating plan.
The executive summary goes near the beginning of the plan but is written last.
It provides a short, concise, and optimistic overview of your business that captures the reader's attention and creates a need to learn more.
That best way to find out whether you do or not is to do your research and write a business plan to see if your idea is feasible.
The simple business plan template presented here will get you started.See How to Write The Management Plan Section of the Business Plan before addressing this section.Ownership Structure The operating plan outlines the physical requirements of your business, such as office, warehouse, retail space, equipment, inventory and supplies, labor, etc.Plus, it shows you the general layout of a standard business plan so you know what goes where and that you're not leaving out anything.A great business plan template will also provide instructions for each step of your plan and show you what an investor-ready and SBA-approved business plan should look like.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.Pros of using a business plan template: A good business plan template can help you get your thoughts organized.It can provide a guideline so you’re not stuck looking at a blank page trying to figure out where to start.The business plan template below is broken into sections as described in the table of contents.Each section of the template can be copied into a Word, Excel or similar office document by selecting the text and using copy/paste.