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Cons of using a business plan template: While there are benefits to using a business plan template, depending on your situation it may not be the best way to complete your plan. For instance, not only do you have to complete the financial spreadsheets, but you have to do the math yourself.You’ll also have to know enough about the process to be sure you’re getting the numbers in the right place.Once you complete your simple business plan be sure to format it attractively, print it and get it professionally bound.
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.
If using Windows, outline the text to be selected with the mouse and hit CTRL C to copy and CTRL V to paste.
For a detailed description of each section of the plan, you'll want to refer to the Guide to Writing a Business Plan Step By Step.
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.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.It’s not easy to keep everything completely up-to-date as you make changes to your numbers, and integrating the right charts and graphs into your business plan is harder than it looks.However, if you’re new to business planning and just want to get a sense of what a plan looks like and want to get the process started quickly and cheaply, then downloading a free template is the best way to get started.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 competitive analysis includes an assessment of your competition and how your business will compete in the sector.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.The executive summary should be no more than two pages long, with brief summaries of other sections of the plan.See How to Write the Executive Summary of the Business Plan to get you started.