Small business plans are necessary to forecast your company’s future goals and accomplishments. If you are seeking a funder, this document template will outline your plans, identify your competitors, display the market you’re interested in and your current financial status so the funder can learn about the company.
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Creating Your Own Small Business Plan
If you already have funders in place, a business plan can be used as a tool to monitor your progress and control the future success of your business. It can also serve as a sales and recruiting tool for future employees and investors. Think of this document as a summary of your company and all that it entails.
A business plan is not only necessary for the review of funders but it also helps the business owner review the company when they are writing it. Business owners can further review the goals they’ve set while coming up with their own business roadmap. You can make a revision to your marketing plan or to any other section that you otherwise would have missed.
We’ve generated this template to get you started. It’s broken down into eight different sections and we’ve outlined each one to assist you along the way. Use this template to start brainstorming or customize it to make it your own.
The Template Outline:
- Executive Summary
- Business Description
- Market Analysis
- Product or Service Line
- Marketing and Sales Strategy
- Organization and Management
- Financial Projections
- Funding Request [if necessary]
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