A Sample Business Plan

A Sample Business Plan-68
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.

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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.

You can turn to How to Write the Competitors Analysis Section of the Business Plan for help.

The Target Market description and Competitive Analysis portions can be two separate sections in the plan or combined as shown: A description of how you intend to entice customers to buy your product(s) or service(s), including advertising/promotion, pricing strategy, sales and distribution, and post-sales support if applicable.

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.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.A standard business plan consists of a single document divided into several sections including a description of the organization, the market research, competitive analysis, sales strategies, capital and labor requirements, and financial data.The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground.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.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.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.

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