Here’s the problem with traditional business plans: they take too long to write, often aren’t read cover to cover, and are difficult to update on a regular basis.
One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan.
Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business.
It isn't our goal to try to tell you everything you need to know about creating a business plan.
Instead, our goal is to make the process easier by providing a professionally designed business plan template that you can edit easily using Word and Excel.Word allows you to assign format Styles to text and paragraphs, and we've designed the template to use these Styles for defining headings, sub-headings, and figure captions.If you want to add a new section so that the Table of Contents updates correctly, just add a new heading in the body of the document and assign it the Heading 1 or Heading 2 style.You're two and a half times more likely to get into business if you write a business plan, according to We can help get you started with this business plan template, which could be useful to you if: Using a business plan template is the best and quickest way to collate all the information you need to start a business.Update (7/22/2016): We've added a basic break-even analysis worksheet to the companion Excel workbook.This template provides a business plan outline with sample questions, tables, and a working table of contents.It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.It is best to use Excel for financial statements, data tables and charts.It’s also difficult to read, especially for people who aren’t familiar with the format.The core issue is that the Business Model Canvas doesn’t focus on making sure a business is solving a real problem for their customers.