Free Business Plan Template
This Free business plan template is supposed to incorporate all the following information,
- The mission of the business,
- Goals set for every day, month or quarter,
- Financial information about costs and expected revenues,
- Requirements of capital investment and its sources,
- General procedures covering day to day activities,
- A course of action against uncertain events,
- And more!
Since a business plan can be as elaborate as a book of LAW or can be as simple as a short essay. The owner will remain more focused, prepared and will feel more confident when he has a detailed business plan ready in his hand; like a guide showing him the way.
Contents of the Free Business Plan Template
This Free template is still very elaborate and you can use all of the contents or less or even add more components you think best for your company specifically. Below, are the components we included in our business plan template.
Business Logo – Cover Page
We have set a basic design for you to display your cover page of the business plan in style. It makes sure that you don’t forget to add any vital information.
Table of Contents
This is a dynamic table added only for your ease, listing all the contents of the template. You just need to update the tables sheet after you finish making changes to the template.
As mentioned in the name that it is a summary. Hence, it outlines the key information from each or most desired sections from the whole document. The Summary is necessary because the readers may want to save their time before going through the whole document.
We stressed on making this section not only eye-catching but also informative, as many readers may not read ahead if they are not satisfied with this section of the document. Hence, we included space for the financial figures with charts, along with an analysis of the market including your operational strategy to the reader in this section.
Description of the Business
This section is about a detailed description of the company. This also shows your unique qualities and perception of your brand to the reader.
We have included sections for:
- Company ownership/ Legal entity
- Hours of Operation
- Products and Services
- Financial Management, and
- Startup/ Acquisition Summary
Since businesses can only thrive if there is a demand for the services it is providing. Hence, marketing analysis is conducted to analyze the demand and show the potential of growth within the industry. It also shows where your business can fit in and what gaps you can fill.
Sections included for this part are as follows:
- Market Analysis
- Market Segmentation
- Advertising and Promotion
- Strategy and Implementation
We insist that you conduct checks in order to make sure the financial information provided in this document is reliable and true to the best of your knowledge. So, you need to show in this section an analysis of the following:
- Costs of goods sold
- Variable costs
- Apportioned fixed costs
- Fixed Costs
- Administrative costs
- Finance costs
- Other expenses
- Planned capital expenditures
- Assumptions of growth
- Cash flows
And you need to present the above including your analysis of the future together with the standardized financial statements (expected).
For your convenience, we merged the Financial analysis section together with the Appendix section below.
It is not necessary but recommendable to add appendixes. Still, this section will provide additional information like:
- start-up expenses,
- start-up capital,
- The three statements,
- Cash Flow statement,
- Profit & Loss Statement,
- Balance sheet,
- Sales Forecast,
- Break-Even Analysis, and
- Miscellaneous Documents.