Downloadable business plan templates
Having a road map helps you reach your journey’s end successfully. Business plans do the same for small businesses. They lay out the milestones you need to reach on your way to building a profitable small business. From finance to marketing, operations to sales, each part of a business plan helps you reach your goals.
What deters most entrepreneurs from creating a business plan, however, is writing it all out. Many are afraid to do so; they fear that their idea isn’t as brilliant as they initially thought it was. For many, however, who take the time to research and write a plan, they find that it helps them identify risks and possible roadblocks. Business plans are essential to identifying and overcoming obstacles on your path so you can build a successful company.
LivePlan allows business owners to craft perfectly formatted business plans. They have more than 500 plans encompassing nearly every industry you can think of. After selecting the template you like, you can customize it to create a compelling presentation to pitch your idea to would-be investors. Post-launch, you can track your actual revenue and expenses against your earlier forecasts. Multiple users within a company can use LivePlan; pricing starts at less than $20 per month.
Business News Daily
We, at Business News Daily, have put together a simple but high-value template to help you create a business plan. The template is completely customizable and can be used to attract investors, secure board members, and narrow the scope of your company. Business plans can be overwhelming to new entrepreneurs, but our template makes it easy to provide all of the details required by financial institutions and private investors. [Download our free business plan template.]
The template has eight main sections, with subsections for each topic. For easy navigation, a table of contents is provided with the template. As you customize each section, you’ll receive tips on how to correctly write the required details.
Katherine Arline and Marci Martin contributed to the reporting and writing in this article. Some source interviews were conducted for a previous version of this article.