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If your goal with a business plan is to secure funding, check with your target organizations—typically banks or investors—to see if they have a template you can follow to maximize your chances of success.Get your free business plan template This free business plan template includes the following sections: In our business plan template, each section includes an overview of the most important information to cover and guidelines on how to approach writing and researching each one.
A clear and compelling business plan provides you with a guide for building a successful enterprise focused on achieving your personal and financial goals.
It can also help persuade others, including banks, to invest in what you are creating. List whether you have sales reps, your availability for outreach on demand, and your source of mobility.
A well thought out plan also helps you to step-back and think objectively about the key elements of your business venture and informs your decision-making on a regular basis.
SBA's Business Plan Tool provides you with a step-by-step guide to help you get started.
Specify the product, source of it, and people in need of the product.
The easiest way to simplify the work of writing a business plan is to start with a business plan template.
There are some high-level strategic guidelines beyond the advice included in this free business plan template that can help you write an effective, complete plan while minimizing busywork.
Once you’ve done the strategic work, it’s time to put it into action and write your plan.
During the step-by-step process, this tool will update the status of your business plan.
Once you save your information and move to a new section in the business plan, a checkmark will appear in the numbered section menu at the top of the screen denoting when each section is complete.