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The SBA's template is available to fill out online and then download as a PDF.
You can go back in and edit it as needed, so don't worry about having everything ready the first time you sit down to tackle it.
It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it.
You can download it free with a trial subscription, but you'll have to remember to cancel it within the week if you don't plan to continue using it. writes about products and services in this and other articles.
It will be the first thing that any potential investor will read, so it needs to be written with care and needs to encourage them that you are a worthwhile investment and that they should read on. Legal statement – Will you be operating as a sole trader, a limited company, a limited liability partnership or as a social enterprise?
Aims and objectives – What do you want from your business? These decisions will affect your taxability and therefore your cash flow.Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.Creating your business plan is more than just getting your ideas down on paper for potential funders to see.The 0 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.This one says you just have to answer a few simple questions and will be "done before you know it! A business plan should take time and a lot of homework, but if you've already done that, Law Depot's template is a decent choice.Business plans vary in terms of content depending on the type of business being undertaken.However, all business plans should include the following sections: Executive summary – This should be no more than two pages long and will be an introduction to the rest of the document. Where do you want your business to be in five, ten years time?When readers click on these links, and buy these products or services, Inc may be compensated.This e-commerce based advertising model - like every other ad on our article pages - has no impact on our editorial coverage.You can subscribe to Kim's business growth tips by email, or connect on Linked In, Twitter and Facebook. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding.Because that's the thing--your business plan is a pretty important.