Create a business plan
You've been dreaming of starting your own business. You've started with some concrete steps, and you're ready to put your proposal together. But how do you start, and how do you know when you have the right information?
How to get it done
Create a business plan with templates in Word:
Start with a template
Download these templates from the Office Templates site to create your plan:
Fill in your Business plan .
Analyze your market with the Business market analysis template .
Detail your financials in a Financial plan .
Divide up the work and track deliverables with this Business plan checklist .
Wrap up with this Business startup checklist .
Need a little help?
Learn how to:
Start a document from a template .
Apply themes to change your plan's look.
Related resources
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Must follow steps for starting a successful business
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Powerful business plan templates
Plan for the future, no matter what your business plans are or the size of your business with these designs and templates. whether it's just one big project or an entire organization's worth of dreams, these templates will keep you and your company on track from ideation to completion..
Put your ideas to work with simple templates for every business plan
Every successful business took a lot of planning to get there, and these templates will be cornerstones of your future success. Whether you're looking to attract new business, pitch your services or reimagine your company, with these simple, customizable templates at your fingertips you can turn complexity into something tangible. These templates can become marketing assets or simply remain internal touchpoints for your team. And as your dreams change, you'll always have this template to refer to â it's easy to change what exists on paper. If you're a small business, focusing on your niche can help you dominate in your field, and you can forge a plan to figure out exactly what that niche might be and how to target your ideal customer . When it's time to share your vision with stakeholders, craft a presentation that outlines your plan succinctly and with style. Let these templates from Microsoft Designer be your partner in business strategy for years to come.
Free Business Plan Template
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 .
Business Plan Template
License : Private Use (not for distribution or resale)
Authors : Jon Wittwer and Jim Wittwer
Update (7/22/2016) : We've added a basic break-even analysis worksheet to the companion Excel workbook.
Description
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. So, we have provided a companion Excel workbook with these sample financial statements and other tables and graphs that you can copy and paste into your Word document.
The companion workbook combines many of the different spreadsheets you can find on Vertex42.com, but customized specifically for inclusion in a business plan.
Using the Business Plan Template
Editing headings and table of contents.
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.
To update the Table of Contents, go to the References tab and within the Table of Contents group of buttons, click on Update Table and then "Update entire table."
Copy/Paste From Excel to Word
For simple tables, you can use Copy/Paste (Ctrl+c / Ctrl+v) to copy a table from Excel to Word. This will typically paste the data as a formatted and editable table in Word, though none of the formulas will be functional within Word (and the table will not be linked to Excel). If you don't want the table to be editable in Word, you can "Paste as a Picture" using Paste Special or by choosing the "Picture" option when you right-click in Word to paste the table.
Important : When you paste a chart object into your business plan, make sure to "Paste as a Picture" because pasting the chart as an embedded object means that the entire spreadsheet becomes embedded in your Word document (even though what you see is only the chart).
If you want to insert a table into Word as a "Linked Object" so that when you edit Excel, the table in Word will update automatically, you may have a more difficult time preserving the formatting of the original. However, at the least the entire spreadsheet won't be embedded within your business plan Word document.
More Related Templates
Resources for Writing a Business Plan
- Write Your Business Plan at SBA.gov - Anybody starting a business should become familiar with the SBA (small business association). SBA.gov also has an online tool for creating a business plan .
- YouTube: How to Write a Business Plan - Business Wales (3 minutes) - This video offers a quick overview and tips for the essential parts of a business plan.
- YouTube: How to Write a Business Plan - Berkeley-Haas (71 minutes) - This presentation offers both the venture capitalist and entrepreneur perspective on how to write a business plan that can successfully attract funding.
- Write Your Business Plan at Entrepreneur.com - A book written by the staff of a company that should know what they are talking about.
- Sample Business Plans at bplans.com - Finding a business plan for similar businesses in your industry is a great way to get ideas for what to include in your plan. This site is a great resource for not only finding sample plans, but also for creating a business plan online using their step-by-step approach.
Other Free Business Plan Templates
- Business Planning Template Gallery at SCORE.org - This nonprofit organization (supported by the SBA) has provided expertise and free mentorship for millions of small business owners. They also have a useful collection of templates.
- Develop Your Business Plan at business.gov.au - This Australian Government site provides a really good business plan template for Word, including a detailed guide, questions to answer, and sample financial statements.
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A better business plan template to get finished faster
Go beyond a basic business plan template
If you're looking for a business plan template to jumpstart your plan, you're in the right place.
LivePlan is an online, easy–to–use business plan template that walks you step–by–step through the planning process.
With fill-in-the-blank inputs , simple but powerful financial forecasting, and beautiful business plans , you'll go from template to complete business plan in half the time.
Don't forget about the financial forecasts
Creating the right financial forecasts for your business is often the hardest part of writing a business plan.
Crunching the numbers by hand is tough – so much so that most free online templates skip over it completely. LivePlan gives you automated financial forecasting and makes it easy.
So, even if you've never started a business before, you can build all of the financial reports investors expect to see.
You'll get a complete profit & loss statement, cash flow forecasts, balance sheets, and more – all without ever having to look at a spreadsheet or worry about breaking a formula.
How LivePlan compares to free business plan templates:
LivePlan is way more than your basic business plan template. It's a planning tool that takes the pain out of the entire business planning process. You'll track your performance as you grow, define the tasks you need to get your business to the next level, and compare your plan against the competition. No other template comes even close.
LivePlan Makes It Easy
“I was going nuts trying to create charts and properly format them. Then a friend recommended LivePlan! The financials were so easy to use.”
“It's an awesome product. Really walks you through each phase of the business plan process with examples and benchmarks.”
Skip the hassle of Word and Excel Business Plan Templates
You could write your business plan with Word and Excel, but you'll probably end up spending countless extra hours figuring out how to get an impressive–looking document.
You'll see that Word and Excel templates also lack instructions, examples from successful business plans, and they often require in–depth financial knowledge.
Instead, choose an interactive template like LivePlan.
LivePlan's step–by–step business plan template guides you every step of the way, so you don't have to worry about formatting, getting the formulas right in some downloaded spreadsheet, or making sure your plan is in an approved format that banks and lenders expect. If you have questions while writing your plan, our expert team will help you out.
Download a free business plan template
Still want to download a business plan template? Download your free template to start – then try LivePlan risk free . You'll feel the difference right away.
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10 Free Business Plan Templates in Word, Excel, & ClickUp
Praburam Srinivasan
Growth Marketing Manager
February 13, 2024
Turning your vision into a clear and coherent business plan can be confusing and tough.Â
Hours of brainstorming and facing an intimidating blank page can raise more questions than answers. Are you covering everything? What should go where? How do you keep each section thorough but brief?
If these questions have kept you up at night and slowed your progress, know youâre not alone. Thatâs why weâve put together the top 10 business plan templates in Word, Excel, and ClickUpâto provide answers, clarity, and a structured framework to work with. This way, youâre sure to capture all the relevant information without wasting time.Â
And the best part? Business planning becomes a little less âugh!â and a lot more âaha!â đ¤Š
What is a Business Plan Template?
What makes a good business plan template, 1. clickup business plan template, 2. clickup sales plan template, 3. clickup business development action plan template, 4. clickup business roadmap template, 5. clickup business continuity plan template, 6. clickup lean business plan template, 7. clickup small business action plan template, 8. clickup strategic business roadmap template , 9. microsoft word business plan template by microsoft, 10. excel business plan template by vertex42.
A business plan template is a structured framework for entrepreneurs and business executives who want to create business plans. It comes with pre-arranged sections and headings that cover key elements like the executive summary , business overview, target customers, unique value proposition, marketing plans, and financial statements. Â
A good business plan template helps with thorough planning, clear documentation, and practical implementation. Hereâs what to look for:
- Comprehensive structure: A good template comes with all the relevant sections to outline a business strategy, such as executive summary, market research and analysis, and financial projectionsÂ
- Clarity and guidance: A good template is easy to follow. It has brief instructions or prompts for each section, guiding you to think deeply about your business and ensuring you donât skip important details
- Clean design: Aesthetics matter. Choose a template thatâs not just functional but also professionally designed. This ensures your plan is presentable to stakeholders, partners, and potential investors
- Flexibility : Your template should easily accommodate changes without hassle, like adding or removing sections, changing content and style, and rearranging parts đ ď¸Â
While a template provides the structure, itâs the information you feed it that brings it to life. These pointers will help you pick a template that aligns with your business needs and clearly showcases your vision.
10 Business Plan Templates to Use in 2024
Preparing for business success in 2024 (and beyond) requires a comprehensive and organized business plan. Weâve handpicked the best templates to help you guide your team, attract investors, and secure funding. Letâs check them out.
If youâre looking to replace a traditional business plan document, then ClickUpâs Business Plan Template is for you!
This one-page business plan template, designed in ClickUp Docs , is neatly broken down into the following sections:
- Company description : Overview, mission, vision, and team
- Market analysis : Problem, solution, target market, competition, and competitive advantage
- Sales and marketing strategy : Products/services and marketing channels
- Operational plan : Location and facilities, equipment and tools, manpower, and financial forecasts
- Milestones and metrics: Targets and KPIs
Customize the template with your company logo and contact details, and easily navigate to different sections using the collapsible table of contents. The mini prompts under each section guide you on what to includeâwith suggestions on how to present the data (e.g., bullet lists, pictures, charts, and tables).Â
You can share the document with anyone via URL and collaborate in real time. And when the business plan is ready, you have the option to print it or export it to PDF, HTML, or Markdown.
But thatâs not all. This template is equipped with basic and enterprise project management features to streamline the business plan creation process . The Topics List view has a list of all the different sections and subsections of the template and allows you to assign it to a team member, set a due date, and attach relevant documents and references.
Switch from List to Board view to track and update task statuses according to the following: To Do, In Progress, Needs Revision, and Complete.Â
This template is a comprehensive toolkit for documenting the different sections of your business plan and streamlining the creation process to ensure itâs completed on time. đď¸
If youâre looking for a tool to kickstart or update your sales plan, ClickUpâs Sales Plan Template has got you covered. This sales plan template features a project summary list with tasks to help you craft a comprehensive and effective sales strategy. Some of these tasks include:
- Determine sales objectives and goals
- Draft positioning statement
- Perform competitive analysis
- Draft ideal customer persona
- Create a lead generation strategy
Assign each task to a specific individual or team, set priority levels , and add due dates. Specify what section of the sales plan each task belongs to (e.g., executive summary, revenue goals, team structure, etc.), deliverable type (such as document, task, or meeting), and approval state (like pending, needs revisions, and approved).
And in ClickUp style, you can switch to multiple views: List for a list of all tasks, Board for visual task management, Timeline for an overview of task durations, and Gantt to get a view of task dependencies.Â
This simple business plan template is perfect for any type of business looking to create a winning sales strategy while clarifying team roles and keeping tasks organized. â¨
Thinking about scaling your businessâs reach and operations but unsure where or how to start? It can be overwhelming, no doubtâyou need a clear vision, measurable goals, and an actionable plan that every member of your team can rally behind.Â
Thankfully, ClickUpâs Business Development Action Plan Template is designed to use automations to simplify this process so every step toward your business growth is clear, trackable, and actionable.
Start by assessing your current situation and deciding on your main growth goal. Are you aiming to increase revenue, tap into new markets, or introduce new products or services? With ClickUp Whiteboards or Docs, brainstorm and collaborate with your team on this decision.
Set and track your short- and long-term growth goals with ClickUpâs Goals , break them down into smaller targets, and assign these targets to team members, complete with due dates. Add these targets to a new ClickUp Dashboard to track real-time progress and celebrate small wins. đ
Whether youâre a startup or small business owner looking to hit your next major milestone or an established business exploring new avenues, this template keeps your team aligned, engaged, and informed every step of the way.
ClickUpâs Business Roadmap Template is your go-to for mapping out major strategies and initiatives in areas like revenue growth, brand awareness, community engagement, and customer satisfaction.Â
Use the List view to populate tasks under each initiative. With Custom Fields, you can capture which business category (e.g., Product, Operations, Sales & Marketing, etc.) tasks fall under and which quarter theyâre slated for. You can also link to relevant documents and resources and evaluate tasks by effort and impact to ensure the most critical tasks get the attention they deserve. đ
Depending on your focus, this template provides different views to show just what you need. For example, the All Initiatives per Quarter view lets you focus on whatâs ahead by seeing tasks that need completion within a specific quarter. This ensures timely execution and helps in aligning resources effectively for the short term.
This template is ideal for business executives and management teams who need to coordinate multiple short- and long-term initiatives and business strategies.
In business, unexpected threats to operations can arise at any moment. Whether itâs economic turbulence, a global health crisis, or supply chain interruptions, every company needs to be ready. ClickUpâs Business Continuity Plan Template lets you prepare proactively for these unforeseen challenges.
The template organizes tasks into three main categories:
- Priorities: Tasks that need immediate attention
- Continuity coverage: Tasks that must continue despite challenges
- Guiding principles: Resources and protocols to ensure smooth operations
The Board view makes it easy to visualize all the tasks under each of these categories. And the Priorities List sorts tasks by those that are overdue, the upcoming ones, and then the ones due later.
In times of uncertainty, being prepared is your best strategy. This template helps your business not just survive but thrive in challenging situations, keeping your customers, employees, and investors satisfied. đ¤
Looking to execute your business plan the âleanâ way? Use ClickUpâs Lean Business Plan Template . Itâs designed to help you optimize resource usage and cut unnecessary stepsâgiving you better results with less effort.
In the Plan Summary List view, list all the tasks that need to get done. Add specific details like whoâs doing each task, when itâs due, and which part of the Business Model Canvas (BMC) it falls under. The By Priority view sorts this list based on priorities like Urgent, High, Normal, and Low. This makes it easy to spot the most important tasks and tackle them first.
Additionally, the Board view gives you an overview of task progression from start to finish. And the BMC view rearranges these tasks based on the various BMC components.Â
Each task can further be broken down into subtasks and multiple checklists to ensure all related action items are executed. âď¸
This template is an invaluable resource for startups and large enterprises looking to maximize process efficiencies and results in a streamlined and cost-effective way.
The Small Business Action Plan Template by ClickUp is tailor-made for small businesses looking to transform their business ideas and goals into actionable steps and, eventually, into reality.Â
It provides a simple and organized framework for creating, assigning, prioritizing, and tracking tasks. And in effect, it ensures that goals are not just set but achieved. Through the native dashboard and goal-setting features, you can monitor task progress and how they move you closer to achieving your goals.
Thanks to ClickUpâs robust communication features like chat, comments, and @mentions, itâs easy to get every team member on the same page and quickly address questions or concerns.
Use this action plan template to hit your business goals by streamlining your internal processes and aligning team efforts.
For larger businesses and scaling enterprises, getting different departments to work together toward a big goal can be challenging. The ClickUp Strategic Business Roadmap Template makes it easier by giving you a clear plan to follow.
This template is packaged in a folder and split into different lists for each department in your business, like Sales, Product, Marketing, and Enablement. This way, every team can focus on their tasks while collectively contributing to the bigger goal.
There are multiple viewing options available for team members. These include:
- Progress Board: Visualize tasks that are on track, those at risk, and those behind
- Gantt view: Get an overview of project timelines and dependencies
- Team view: See what each team member is working on so you can balance workloads for maximum productivity
While this template may feel overwhelming at first, the getting started guide offers a step-by-step breakdown to help you navigate it with ease. And like all ClickUp templates, you can easily customize it to suit your business needs and preferences.
Microsoftâs 20-page traditional business plan template simplifies the process of drafting comprehensive business plans. Itâs made up of different sections, including:
- Executive summary : Highlights, objectives, mission statement, and keys to success
- Description of business: Company ownership and legal structure, hours of operation, products and services, suppliers, financial plans, etc.
- Marketing: Market analysis, market segmentation, competition, and pricing
- Appendix: Start-up expenses, cash flow statements, income statements, sales forecast, milestones, break-even analysis, etc.
The table of contents makes it easy to move to different sections of the document. And the text placeholders under each section provide clarity on the specific details requiredâmaking the process easier for users who may not be familiar with certain business terminology.
No business template roundup is complete without an Excel template. This business plan template lets you work on your business financials in Excel. It comes with customizable tables, formulas, and charts to help you look at the following areas:
- Highlight charts
- Market analysis
- Start-up assets and expenses
- Sales forecasts
- Profit and loss
- Balance sheet
- Cash flow projections
- Break-even analysis
This Excel template is especially useful when you want to create a clear and visual financial section for your business plan documentâan essential element for attracting investors and lenders. However, there might be a steep learning curve to using this template if youâre not familiar with business financial planning and using Excel.
Try a Free Business Plan Template in ClickUp
Launching and running a successful business requires a well-thought-out and carefully crafted business plan. However, the business planning process doesnât have to be complicated, boring, or take up too much time. Use any of the above 10 free business plan formats to simplify and speed up the process.
ClickUp templates go beyond offering a solid foundation to build your business plans. They come with extensive project management features to turn your vision into reality. And thatâs not allâ ClickUpâs template library offers over 1,000 additional templates to help manage various aspects of your business, from decision-making to product development to resource management .
Sign up for ClickUpâs Free Forever Plan today to fast-track your businessâs growth! đ
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8 Business Plan Templates You Can Get for Free
8 min. read
Updated April 10, 2024
A business plan template can be an excellent tool to simplify the creation of your business plan.
The pre-set structure helps you organize ideas, covers all critical business information, and saves you time and effort on formatting.
The only issue? There are SO many free business plan templates out there.
So, which ones are actually worth using?
To help remove the guesswork, I’ve rounded up some of the best business plan templates you can access right now.
These are listed in no particular order, and each has its benefits and drawbacks.
What to look for in a business plan template
Not all business plan templates are created equal. As you weigh your options and decide which template(s) you’ll use, be sure to review them with the following criteria in mind:
- Easy to edit: A template should save you time. That won’t be the case if you have to fuss around figuring out how to edit the document, or even worse, it doesn’t allow you to edit at all.
- Contains the right sections: A good template should cover all essential sections of a business plan , including the executive summary, product/service description, market/competitive analysis, marketing and sales plan, operations, milestones, and financial projections.
- Provides guidance: You should be able to trust that the information in a template is accurate. That means the organization or person who created the template is highly credible, known for producing useful resources, and ideally has some entrepreneurial experience.
- Software compatibility: Lastly, you want any template to be compatible with the software platforms you use. More than likely, this means it’s available in Microsoft Word, Google Docs, or PDF format at a minimum.
1. Bplans — A plan with expert guidance
Since you’re already on Bplans, I have to first mention the templates that we have available.
Our traditional and one-page templates were created by entrepreneurs and business owners with over 80 years of collective planning experience. We revisit and update them annually to ensure they are approachable, thorough, and aligned with our team’s evolving best practices.
The templates, available in Word, PDF, or Google Doc formats, include in-depth guidance on what to include in each section, expert tips, and links to additional resources.
Plus, we have over 550 real-world sample business plans you can use for guidance when filling out your template.
Download: Traditional lender-ready business plan template or a simple one-page plan template .
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2. SBA — Introduction to business plans
The U.S. Small Business Administration (SBA) offers two different business plan templates along with a short planning guide.
While not incredibly in-depth, it’s enough to help you understand how traditional and lean plans are structured and what information needs to be covered. The templates themselves are more like examples, providing you with a finished product to reference as you write your plan.
The key benefit of using these templates is that they were created by the SBA. While they may provide less guidance, you can be assured that the information and structure meet their expectations.
Explore: The SBA’s planning guide and free templates
3. SCORE — Planning workbook
SCORE’s template is more like a workbook. It includes exercises after each section to help you get your ideas down and turn them into a structured plan.
The market research worksheets are especially useful. They provide a clear framework for identifying your target market and analyzing competitors from multiple angles. Plus, they give you an easy way to document all the information you’re collecting.
You will likely have to remove the exercises in this template to make it investor-ready. But it can be worth it if you’re struggling to get past a blank page and want a more interactive planning method.
Download: SCORE’s business plan template
4. PandaDoc — A template with fillable forms
PandaDoc’s library offers a variety of industry-specific business plan templates that feature a modern design flair and concise instructions.
These templates are designed for sharing. They include fillable fields and sections for non-disclosure agreements, which may be necessary when sending a plan to investors.
But the real benefit is their compatibility with PandaDoc’s platform. Yes, they are free, but if you’re a PandaDoc subscriber, you’ll have far more customization options.
Out of all their templates, the standard business plan template is the most in-depth. The rest, while still useful, go a bit lighter on guidance in favor of tailoring the plan to a specific industry.
Explore: PandaDoc’s business plan template library
5. Canva — Pitch with your plan
Canva is a great option for building a visually stunning business plan that can be used as a pitch tool. It offers a diverse array of templates built by their in-house team and the larger creative community, meaning the number of options constantly grows.
You will need to verify that the information in the template you choose matches the standard structure of a traditional business plan.
You should do this with any template, but it’s especially important with any tool that accepts community submissions. While they are likely reviewed and approved, there may still be errors.
Remember, you can only edit these templates within Canva. Luckily, you only need a free subscription, and you may just miss out on some of the visual assets being used.
To get the most value, it may be best to create a more traditional planning document and transfer that information into Canva.
Explore: Canva’s business plan gallery
6. ClickUp — The collaborative template
Out of all the project management tools that offer free business plan templates, ClickUp’s is the most approachable.
Rather than throwing you into all the features and expecting you to figure it out—ClickUp provides a thorough startup guide with resource links, images, and videos explaining how to write a plan using the tool.
There’s also a completed sample plan (structured like an expanded one-page plan) for you to reference and see how the more traditional document can connect to the product management features. You can set goals, target dates, leave comments, and even assign tasks to someone else on your team.
These features are limited to the ClickUp platform and will not be useful for everyone. They will likely get in the way of writing a plan you can easily share with lenders or investors.
But this is a great option if you’re looking for a template that makes internal collaboration more fluid and keeps all your information in one place.
Sign Up: Get a free trial of ClickUp and explore their template library
7. Smartsheet — A wide variety of templates
I’m including Smartsheet’s library of templates on this list because of the sheer number of options they provide.
They have a simple business plan template, a one-page plan, a fill-in-the-blank template, a plan outline, a plan grading rubric, and even an Excel-built project plan. All are perfectly usable and vary in visual style, depth of instructions, and the available format.
Honestly, the only drawback (which is also the core benefit) is that the amount of templates can be overwhelming. If you’re already uncertain which plan option is right for you, the lengthy list they provide may not provide much clarity.
At the same time, it can be a great resource if you want a one-stop shop to view multiple plan types.
Explore: Smartsheet’s business plan template library
8. ReferralRock affiliate marketing business plan
I’m adding ReferralRock’s template to this list due to its specificity.
It’s not your standard business plan template. The plan is tailored with specific sections and guidance around launching an affiliate marketing business.
Most of the template is dedicated to defining how to choose affiliates, set commissions, create legal agreements, and track performance.
So, if you plan on starting an affiliate marketing business or program, this template will provide more specific guidance. Just know that you will likely need to reference additional resources when writing the non-industry sections of your plan.
Download: ReferralRock affiliate marketing business plan template
Does it matter what business plan template you use?
The short answer is no. As long as the structure is correct, it saves you time, and it helps you write your business plan , then any template will work.
What it ultimately comes down to, is what sort of value you hope to get from the template.
- Do you need more guidance?
- A simple way to structure your plan?
- An option that works with a specific tool?
- A way to make your plan more visually interesting?
Hopefully, this list has helped you hone in on an option that meets one (or several) of these needs. Still, it may be worth downloading a few of these templates to determine the right fit.
And really, what matters most is that you spend time writing a business plan . It will help you avoid early mistakes, determine if you have a viable business, and fully consider what it will take to get up and running.
If you need additional guidance, check out our library of planning resources . We cover everything from plan formats , to how to write a business plan, and even how to use it as a management tool .
If you don’t want to waste time researching other templates, you can download our one-page or traditional business plan template and jump right into the planning process.
See why 1.2 million entrepreneurs have written their business plans with LivePlan
Kody Wirth is a content writer and SEO specialist for Palo Alto Softwareâthe creator's of Bplans and LivePlan. He has 3+ years experience covering small business topics and runs a part-time content writing service in his spare time.
Table of Contents
- Qualities of a good template
- ReferralRock
- Does the template matter?
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Template Highlights
- There are ten sections, including the executive summary, introduction to your company, a market analysis, the problem you want to solve, your innovative/disruptive/other -ive word solution, who's on your team, the sales & marketing strategy, your financial plan, your implementation plan, a conclusion, and any additional resources
- The instructions are specific and easy to follow, so all you have to do is fill in the blanks. Bonus: thinking about these things will prepare you for meetings with potential investors, customers, and employees as well
- Some of the sections don't apply to your startup? Delete 'em. Want to add a section that's not there? Add it. You can even customize the branding and color scheme
- Download it as a PDF or Word file
- Print it, email it, send it to your parents so they can frame it
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Startup Business Plan Template
The term âstartupâ has become a familiar part of the business lexicon and is often used to describe fast-growing, entrepreneur-led companies in the technology sector. Actually, a startup is any business enterprise that has recently been established. If you are in the early stages of starting a business, one of the first steps you will need to take is to create a business plan.
This simple template was designed to help someone new to the business world to easily put together a professional plan describing a new venture. Keep your startup plan short. As your business matures, you can adapt the plan to include additional detail.
You can create different iterations of it for different audiences. The bank will want more financial information, but a new employee might be more interested in your companyâs mission statement and your plan for selling the product or service.
Executive Summary
An executive summary is a crucial part of any business plan. It should come first in your document. The executive summary gives the reader, who may be a very busy bank executive, a chance to understand your business in a quick, one-page read.
In no more than a short paragraph for each point, summarize the sections of your business plan:
⢠Give your elevator pitch and briefly describe your company
⢠Summarize the market research you have done
⢠Present the problem you are aiming to solve
⢠Describe how your product or service solves the problem
⢠Introduce key management
⢠Provide a synopsis of your sales and marketing plan
⢠Explain your financial plan
Close your executive summary with a clear explanation of your project, why it is needed, and how it will benefit future customers and investors.
HubSpot Tip: Write this section last, after you have written all of the other sections. It should summarize your entire business plan in about a page.
About the Company
Describe what makes your company different. This section should convince readers that your business idea is important and that the product or service that you will offer is needed.
Present your companyâs name, location, type of business, ownership, and significant assets.
Describe your companyâs mission: What is your reason for existence? Describe the values on which you are founding the company.
List the companyâs goals and objectives and explain how you fit into the industry.
HubSpot Tip: Keep this section brief. The remainder of the document allows space for you to go into more detail about your business.
Market Analysis
Before writing your business plan, you need to conduct research on the market and industry you are planning to enter. Based on that research, you should describe your industry, the opportunities it offers, and the growth it is experiencing.
Describe the key environmental trends in your industry. What are the barriers to entry (e.g., high production or marketing costs, tariff barriers, regulatory challenges, extensive training)? How is the industry progressing? What is changing?
You should also define your target customers. Who will buy your product or service?
Who are your major competitors? Identify and describe them.
Identify what defines your product or service in the marketplace. What distinctive competencies or offerings do you provide that other companies do not?
HubSpot Tip: Note the key factors for success in this industry, and focus on proving that your company has them.
The Problem
Describe the need in the market that your business idea will fill. How did this need arise and why has it not been filled yet? Explain how you identified the need and how your product or service will meet it.
HubSpot Tip: Keep this section short, as the focus should be on your solution, which you will describe in the next part of the business plan.
Our Solution
Describe the products or services your business will provide. Include your value proposition - describe how your service/product is attractive to customers.
You should also include a description of the features and benefits of your product or service to your customer. Consider capturing this in a simple table like the one below.
Product/Service Feature
Benefit to the Customer
HubSpot Tip: You can include photos or brochures of your products, but consider putting them in an appendix so that they do not interrupt the message in your narrative.
Organizational Structure
Since your company is just starting, it is likely that you do not have many people on your staff. Describe the key operations and management roles in your company, and provide brief biographical sketches of your leadership. The aim is to show to readers that your team has the skills and qualifications to implement what you have outlined in the business plan.
If you receive advice from a board of directors or any high-level external advisors, mention them in this section.
HubSpot Tip: The biographical sketches should include the educational credentials, relevant experience, and related accomplishments of your leaders. Consider personalizing your plan by including headshots of your staff.
Sales and Marketing Strategy
In this section, you should describe how you will promote your new product or service. Begin by identifying challenges with entering the market and explain how you will overcome them. You can use a table like the one below to outline the barriers and your solutions.
Market Barrier/Challenge
Justify the following choices you have made:
⢠Location â Does it bring cost savings? Is it close to your customer base?
⢠Pricing Strategy â How will it entice customers to buy your products or services? How will it lead to profits for your business and investors?
⢠Promotion Plan - Will you use print, radio, television, or social media? Will you hire a marketing manager?
Note the budget for your marketing strategy and tell the reader how you will obtain the funding for this important aspect of your business. If you plan to use consultants or an advertising agency, include these costs in your budget.
HubSpot Tip: Consider including a few mockups of your companyâs logos, branding, or marketing materials in an appendix.
Financial Plan
Describe the cost structure and financial aspects of the business. Explain the kind and amount of investment that you need, what you will use the money for, and how you envision your business becoming profitable.
To give readers a peek into your companyâs projected financial future, you should include as much of the following financial information as possible. Remember, your business plan is a living document, so even if you do not have all of this information at the startup stage, you can add it as your business matures.
⢠Cash flow projection â An estimate of how much money you expect to flow in and out of your business.
⢠Capitalization plan â Lists the sources and uses of capital that your business plans to amass.
⢠Break-even analysis â A determination of what you need to sell in order to cover the costs of doing business.
⢠Income statement â Also known as a profit and loss statement (P&L), it shows the companyâs revenues and expenses over a period of time.
⢠Balance sheet â A statement of the assets, liabilities, and capital of a business at a point in time.
Financial documentation is often long, so you should reference them here and include copies in an appendix.
HubSpot Tip: Not everyone is an expert in finance, but it plays an important role in starting a business. Unless you have an accounting background, consider seeking assistance on this section of your plan.
Implementation Plan
Tell the reader how you will implement your business plan. Consider including a timeline like the one below to illustrate the steps in the process to getting your business up and running. Customize it with your dates and the specific steps you will take.
HubSpot Tip: Set reasonable deadlines that you are able to meet, but that show your initiative and eagerness to realize your new venture.
In a few sentences, summarize the main point that you would like the reader to understand about your business. This can vary based on the target audience. For example, if you are presenting your plan to a bank to ask for a loan, this section should focus on your financial viability and why the bank should choose to finance your business.
Describe the next steps, and provide detailed contact information so that the reader can get in touch with you easily.
HubSpot Tip: Your conclusion should incite the reader to act. Make it easy for them by including all of the information they need to move forward.
Want to provide additional detail but need to avoid making your business plan too long? You can insert documents in the Appendices and reference them in the text. In this way, you can provide more information without breaking up the flow of your business plan text.
HubSpot Tip: Consider including examples of your marketing materials, a map of the business location, background research, images of your products, resumes of company leaders, or financial documents in the appendices of your business plan.
Frequently Asked Questions
How do i write a startup business plan, is this template free, can i edit this template, related tags:.
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35+ Best Business Plan Templates for Word 2024
Are you writing a business plan for a brand new startup? Or updating an old business plan for an established brand? Then this collection of MS Word business plan templates will definitely come in handy.
The key to making an effective business plan brochure that wins over investors and inspires employees is to use a modern and attractive design.
No one wants to read through a 100-page brochure that looks like a VCR manual from the 1960s. Today, people prefer cleaner brochure layouts with proper paragraph formatting that offer a much smoother reading experience.
Designing such modern business plan documents is not that difficult. In fact, you can easily create them using Word templates.
In this post, we showcase high-quality business plan templates for Word that have been designed by professionals. They feature modern designs and clean layouts that are perfect for all kinds of startups, businesses, and corporate companies. Have a look.
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Explore Word Templates
Education Business Plan Word Template
This Word template is designed for making business plan documents related to educational brands and businesses. However, you can easily customize the design to make business plans for various other industries. The template includes 20 unique page layouts with modern designs.
Business Plan & Proposal Template for Word
You can use this Word template to make both business proposals and business plans. It has a very flexible page design that you can change to make brochures for startups, agencies, and other businesses. There are 20 pages in this template in A4 size.
Bold Business Plan Word Template
If you want to make a bold business plan with a high-end luxury feel, this Word template will come in handy. It features a dark color theme that will fit in nicely with luxury brands, hotels, corporate agencies, and more. The template has 56 different page layouts. It comes in Word, Apple Pages, and InDesign formats.
Big Business Plan Brochure Template for Word
Get started with this Word template to make business plan documents with clean and minimal design. It includes 28 unique pages with easily editable layouts. You can change its colors, fonts, and images with ease. The template is available in multiple formats, including Word, InDesign, Affinity Publisher, and more.
Free Simple Business Plan Word Template
While this free business plan template only has 4 page layouts and a simple design, itâs more than enough for making a basic business plan document for a small business. It comes in Word and Apple Pages formats.
Tropo – Minimalist Business Plan for Word
Tropo is a minimalist business plan template designed for Microsoft Word. It’s user-friendly, designed with organized files for effortless customization, and is suitable for creating business proposals. Tropo offers 32 editable pages, customizable fonts, and colors, well-organised layers, and is print-ready.
Business Proposal Template for Word
This is a professional-quality business proposal template for Word that offers flexibility and ease of customization. This 20-page template can be easily edited to suit your unique business needs without jeopardizing the layout or the readability. It’s fully customizable, well-layered, and organized.
This is an adaptable template, perfect for showcasing your unique services and business plans to new clients. It’s a user-friendly, customizable template, enabling designers to express their brand and work competence professionally. The pack includes a 20-page InDesign and Microsoft Word templates.
Business Proposal Template for Word & InDesign
A versatile business proposal template ideal for constructing thorough business plans or proposals. Compatible with Microsoft Word 2010 and higher, as well as Adobe InDesign CS4 and above, the template offers a comprehensive 16-page document that can adapt for print or digital output.
Business Plan & Project Proposal Template
This is a comprehensive business proposal template for Word. Boasting 40 pages of editable sections such as company details, project timelines, budget specifics, and more, the template utilizes a structured editorial layout to organize information efficiently.
Multipurpose Business Brochure Word Template
This brochure template features multipurpose page layouts. This means you can edit and customize each page to make many different types of documents, including business plans and proposals. It has 20 unique pages in A4 size.
Creative Business Plan Template for Word
This is a massive business plan template that comes with more than 60 different page layouts to choose from. Itâs especially suitable for agencies and startups for making a high-quality business plan document. The template is available in Word and InDesign formats.
Company Proposal & Business Plan Word Template
Whether you want to make a business plan or a proposal document, this Word template can handle both. It features a modern and professional layout for making documents for corporate businesses. The template includes 20 pages in A4 size.
Education School Plan Template for Word
You can use this Word template to make a stylish business plan or educational plan for a school. The template has fully customizable paragraph styles, editable colors, fonts, images, and much more. It has 20 page custom layouts.
Free Agency Business Plan Word Template
This free business plan template includes 5 page layouts with very simple and basic designs. You can use it to make business plan documents for advertising and design agencies. Itâs available in Apple Pages format too.
Modern Business Plan Template for Word
A business plan document is about presenting your goals, missions, and vision for the company in an appealing way. Having a great-looking design is a must for achieving that task. This Word template will help you create such a business plan document. It includes 20 different page layouts with modern designs. And you can edit it using either MS Word or InDesign.
Clean Business Plan Microsoft Word Template
If you want to make sure your business plan looks more professional, a clean and minimal design is the best choice for your brochure. With this template, you can design a clean and professional-looking business plan to showcase your business goals. It includes 16 page layouts with fully customizable designs. You can also choose from 3 different color schemes to design your document.
Simple Business Plan Template for Word
This Word business plan template uses a very simple design. It doesnât have too many design elements, images, or lots of colors. Instead, the design puts more focus on the contents of the document. This approach makes it a great template for designing a highly effective business plan for many different types of businesses. It includes 12 page layouts as well.
Business Plan Brochure Template for Word
If you want to make an impressive and attractive business plan brochure for a big company or a corporate brand, this Word template will come in handy. It features 48 different page layouts with modern and stylish designs. The template is available in both MS Word and InDesign formats. And, as a bonus, you also get letterhead and business card templates.
One Page Business Plan Template for Word
Sometimes a simple one-page document is more than enough to highlight the key points of a business plan. This template is ideal for making such brochures. The template comes with 4 page layouts but you can easily customize it to create one-page or even multi-page documents.
Professional Services Free Business Plan Word Template
This free business plan template for Word comes directly from the official MS Office templates directory. Itâs free to download and features page layouts with modern designs. Itâs ideal for creating a business plan for small agencies.
Free Word Business Plan Template for Freelancers
Another free Word business plan template from the Office directory. This template is designed with freelancers and agencies that specialize in home-based professional services. It includes a fully editable layout as well.
Editable Business Plan Template for Word
Every Word template should give you the freedom to edit, customize, and do anything you want with the design. This template lets you do all that and more. It features a fully editable layout that you can customize to your preference. The template also includes 40 page layouts that come in A4 and US Letter sizes.
Minimal Business Plan Word Template
Looking for a clean, simple, and minimalist business plan template? Then this Word template is made just for you. It has a very light and simple layout that allows you to showcase all elements of your business plan in a professional way. The template includes 32 page layouts and itâs available in Word and InDesign formats.
Startup Business Plan Word Template
This Word business plan template is designed specifically for startups and agencies. It features a set of modern page layouts, 20 custom page designs to be exact. You can also customize each page layout by changing colors and fonts. It comes in US Letter and A4 sizes as well.
4-Page Business Plan Template for Word
You can create a powerful four-page business plan using this Word template. It features an effective page design that is ideal for creating a summary of your business plan. The template is fully customizable and itâs available in Word, IDML, and INDD formats.
One Page Simple Business Plan Word Template
This simple and minimal business plan template is perfect for making a one-page brochure or even a two-page document. The template comes with 2 page layouts that you can use to create a simple double-sided one-page business plan. Or you can print them separately too. Itâs very basic but quite effective at the same time.
Free Simple Business Plan Template for Word
A free business plan template that you can edit and customize in Word. This template has a very basic and blank design that you can use however you like. You can make this template your own by adding a few design elements as well.
Free One-Page Business Plan Template for Word
This is a free one-page business plan template that has a minimal layout for making a straightforward business plan brochure. It includes multiple sections for detailing different aspects of your business plan.
Marketing & Sales Plan Word Template
Marketing and sales plans are also part of a business plan, especially for marketing agencies. With this Word template, you can design an effective sales plan for your business. The template features 32 different page layouts in A4 size. It comes in Word and InDesign versions as well.
Real Estate Business Plan Template for Word
This Word template features a very clean and visual-centric design thatâs ideal for making business plans for real estate and rental property businesses. There are more than 30 unique page layouts in this template with easily editable designs. You can change colors, fonts, and paragraphs however you like to fit your brand.
Basic Microsoft Word Business Plan Template
If you want to make a simple and basic business plan for a small company, this Word template is for you. It features a minimal layout with a basic design for making a small brochure. You can use 4 different page layouts to create your business plan. And itâs fully customizable too.
Simple Word Business Plan Template
This business plan template also features a simple design. Itâs ideal for startups, agencies, and even small businesses for making a business plan to motivate employees and even set goals for your future. The template includes 4 page designs in A4 size.
A creative business plan Word template that comes with more than 50 different page designs. With this template, you can make all kinds of business plan brochures for various types of brands. The template also includes editable colors, paragraphs, objects, free fonts, and so much more.
Business Project Plan Template for Word
A simple business plan template for small brands. This template includes 3 unique page layouts for crafting a basic business plan. Itâs ideal even for solopreneurs and freelancers for creating a strategy for your business. It comes in A4 size.
Free Healthcare Business Plan Word Template
This free business plan template is made with businesses and companies in the healthcare industry. It features a clean design with several page layouts you can use to craft an effective business plan.
Free Editable Business Plan Template for Word
Another blank and basic business plan Word template you can download for free. This template has very simple page layouts but they are ideal for creating an effective business plan brochure for small businesses.
Be sure to check out our best Word templates collection for more design inspiration.
Step-by-Step Guide to Writing a Simple Business Plan
By Joe Weller | October 11, 2021
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A business plan is the cornerstone of any successful company, regardless of size or industry. This step-by-step guide provides information on writing a business plan for organizations at any stage, complete with free templates and expert advice.Â
Included on this page, youâll find a step-by-step guide to writing a business plan and a chart to identify which type of business plan you should write . Plus, find information on how a business plan can help grow a business and expert tips on writing one .
What Is a Business Plan?
A business plan is a document that communicates a companyâs goals and ambitions, along with the timeline, finances, and methods needed to achieve them. Additionally, it may include a mission statement and details about the specific products or services offered.
A business plan can highlight varying time periods, depending on the stage of your company and its goals. That said, a typical business plan will include the following benchmarks:
- Product goals and deadlines for each month
- Monthly financials for the first two years
- Profit and loss statements for the first three to five years
- Balance sheet projections for the first three to five years
Startups, entrepreneurs, and small businesses all create business plans to use as a guide as their new company progresses. Larger organizations may also create (and update) a business plan to keep high-level goals, financials, and timelines in check.
While you certainly need to have a formalized outline of your businessâs goals and finances, creating a business plan can also help you determine a companyâs viability, its profitability (including when it will first turn a profit), and how much money you will need from investors. In turn, a business plan has functional value as well: Not only does outlining goals help keep you accountable on a timeline, it can also attract investors in and of itself and, therefore, act as an effective strategy for growth.
For more information, visit our comprehensive guide to writing a strategic plan or download free strategic plan templates . This page focuses on for-profit business plans, but you can read our article with nonprofit business plan templates .
Business Plan Steps
The specific information in your business plan will vary, depending on the needs and goals of your venture, but a typical plan includes the following ordered elements:
- Executive summary
- Description of business
- Market analysis
- Competitive analysis
- Description of organizational management
- Description of product or services
- Marketing plan
- Sales strategy
- Funding details (or request for funding)
- Financial projections
If your plan is particularly long or complicated, consider adding a table of contents or an appendix for reference. For an in-depth description of each step listed above, read â How to Write a Business Plan Step by Step â below.
Broadly speaking, your audience includes anyone with a vested interest in your organization. They can include potential and existing investors, as well as customers, internal team members, suppliers, and vendors.
Do I Need a Simple or Detailed Plan?
Your businessâs stage and intended audience dictates the level of detail your plan needs. Corporations require a thorough business plan â up to 100 pages. Small businesses or startups should have a concise plan focusing on financials and strategy.
How to Choose the Right Plan for Your Business
In order to identify which type of business plan you need to create, ask: âWhat do we want the plan to do?â Identify function first, and form will follow.
Use the chart below as a guide for what type of business plan to create:
Is the Order of Your Business Plan Important?
There is no set order for a business plan, with the exception of the executive summary, which should always come first. Beyond that, simply ensure that you organize the plan in a way that makes sense and flows naturally.
The Difference Between Traditional and Lean Business Plans
A traditional business plan follows the standard structure â because these plans encourage detail, they tend to require more work upfront and can run dozens of pages. A Lean business plan is less common and focuses on summarizing critical points for each section. These plans take much less work and typically run one page in length.
In general, you should use a traditional model for a legacy company, a large company, or any business that does not adhere to Lean (or another Agile method ). Use Lean if you expect the company to pivot quickly or if you already employ a Lean strategy with other business operations. Additionally, a Lean business plan can suffice if the document is for internal use only. Stick to a traditional version for investors, as they may be more sensitive to sudden changes or a high degree of built-in flexibility in the plan.
How to Write a Business Plan Step by Step
Writing a strong business plan requires research and attention to detail for each section. Below, youâll find a 10-step guide to researching and defining each element in the plan.
Step 1: Executive Summary
The executive summary will always be the first section of your business plan. The goal is to answer the following questions:
- What is the vision and mission of the company?
- What are the companyâs short- and long-term goals?
See our roundup of executive summary examples and templates for samples. Read our executive summary guide to learn more about writing one.
Step 2: Description of Business
The goal of this section is to define the realm, scope, and intent of your venture. To do so, answer the following questions as clearly and concisely as possible:
- What business are we in?
- What does our business do?
Step 3: Market Analysis
In this section, provide evidence that you have surveyed and understand the current marketplace, and that your product or service satisfies a niche in the market. To do so, answer these questions:
- Who is our customer?Â
- What does that customer value?
Step 4: Competitive Analysis
In many cases, a business plan proposes not a brand-new (or even market-disrupting) venture, but a more competitive version â whether via features, pricing, integrations, etc. â than what is currently available. In this section, answer the following questions to show that your product or service stands to outpace competitors:
- Who is the competition?Â
- What do they do best?Â
- What is our unique value proposition?
Step 5: Description of Organizational Management
In this section, write an overview of the team members and other key personnel who are integral to success. List roles and responsibilities, and if possible, note the hierarchy or team structure.
Step 6: Description of Products or Services
In this section, clearly define your product or service, as well as all the effort and resources that go into producing it. The strength of your product largely defines the success of your business, so itâs imperative that you take time to test and refine the product before launching into marketing, sales, or funding details.
Questions to answer in this section are as follows:
- What is the product or service?
- How do we produce it, and what resources are necessary for production?
Step 7: Marketing Plan
In this section, define the marketing strategy for your product or service. This doesnât need to be as fleshed out as a full marketing plan , but it should answer basic questions, such as the following:
- Who is the target market (if different from existing customer base)?
- What channels will you use to reach your target market?
- What resources does your marketing strategy require, and do you have access to them?
- If possible, do you have a rough estimate of timeline and budget?
- How will you measure success?
Step 8: Sales Plan
Write an overview of the sales strategy, including the priorities of each cycle, steps to achieve these goals, and metrics for success. For the purposes of a business plan, this section does not need to be a comprehensive, in-depth sales plan , but can simply outline the high-level objectives and strategies of your sales efforts.Â
Start by answering the following questions:
- What is the sales strategy?
- What are the tools and tactics you will use to achieve your goals?
- What are the potential obstacles, and how will you overcome them?
- What is the timeline for sales and turning a profit?
- What are the metrics of success?
Step 9: Funding Details (or Request for Funding)
This section is one of the most critical parts of your business plan, particularly if you are sharing it with investors. You do not need to provide a full financial plan, but you should be able to answer the following questions:
- How much capital do you currently have? How much capital do you need?
- How will you grow the team (onboarding, team structure, training and development)?
- What are your physical needs and constraints (space, equipment, etc.)?
Step 10: Financial Projections
Apart from the fundraising analysis, investors like to see thought-out financial projections for the future. As discussed earlier, depending on the scope and stage of your business, this could be anywhere from one to five years.Â
While these projections wonât be exact â and will need to be somewhat flexible â you should be able to gauge the following:
- How and when will the company first generate a profit?
- How will the company maintain profit thereafter?
Business Plan Template
Download Business Plan Template
Microsoft Excel | Smartsheet
This basic business plan template has space for all the traditional elements: an executive summary, product or service details, target audience, marketing and sales strategies, etc. In the finances sections, input your baseline numbers, and the template will automatically calculate projections for sales forecasting, financial statements, and more.
For templates tailored to more specific needs, visit this business plan template roundup or download a fill-in-the-blank business plan template to make things easy.Â
If you are looking for a particular template by file type, visit our pages dedicated exclusively to Microsoft Excel , Microsoft Word , and Adobe PDF business plan templates.
How to Write a Simple Business Plan
A simple business plan is a streamlined, lightweight version of the large, traditional model. As opposed to a one-page business plan , which communicates high-level information for quick overviews (such as a stakeholder presentation), a simple business plan can exceed one page.
Below are the steps for creating a generic simple business plan, which are reflected in the template below .
- Write the Executive Summary This section is the same as in the traditional business plan â simply offer an overview of whatâs in the business plan, the prospect or core offering, and the short- and long-term goals of the company.Â
- Add a Company Overview Document the larger company mission and vision.Â
- Provide the Problem and Solution In straightforward terms, define the problem you are attempting to solve with your product or service and how your company will attempt to do it. Think of this section as the gap in the market you are attempting to close.
- Identify the Target Market Who is your company (and its products or services) attempting to reach? If possible, briefly define your buyer personas .
- Write About the Competition In this section, demonstrate your knowledge of the market by listing the current competitors and outlining your competitive advantage.
- Describe Your Product or Service Offerings Get down to brass tacks and define your product or service. What exactly are you selling?
- Outline Your Marketing Tactics Without getting into too much detail, describe your planned marketing initiatives.
- Add a Timeline and the Metrics You Will Use to Measure Success Offer a rough timeline, including milestones and key performance indicators (KPIs) that you will use to measure your progress.
- Include Your Financial Forecasts Write an overview of your financial plan that demonstrates you have done your research and adequate modeling. You can also list key assumptions that go into this forecasting.Â
- Identify Your Financing Needs This section is where you will make your funding request. Based on everything in the business plan, list your proposed sources of funding, as well as how you will use it.
Simple Business Plan Template
Download Simple Business Plan Template
Microsoft Excel |Â Microsoft Word | Adobe PDF Â | Smartsheet
Use this simple business plan template to outline each aspect of your organization, including information about financing and opportunities to seek out further funding. This template is completely customizable to fit the needs of any business, whether itâs a startup or large company.
Read our article offering free simple business plan templates or free 30-60-90-day business plan templates to find more tailored options. You can also explore our collection of one page business templates .Â
How to Write a Business Plan for a Lean Startup
A Lean startup business plan is a more Agile approach to a traditional version. The plan focuses more on activities, processes, and relationships (and maintains flexibility in all aspects), rather than on concrete deliverables and timelines.
While there is some overlap between a traditional and a Lean business plan, you can write a Lean plan by following the steps below:
- Add Your Value Proposition Take a streamlined approach to describing your product or service. What is the unique value your startup aims to deliver to customers? Make sure the team is aligned on the core offering and that you can state it in clear, simple language.
- List Your Key Partners List any other businesses you will work with to realize your vision, including external vendors, suppliers, and partners. This section demonstrates that you have thoughtfully considered the resources you can provide internally, identified areas for external assistance, and conducted research to find alternatives.
- Note the Key Activities Describe the key activities of your business, including sourcing, production, marketing, distribution channels, and customer relationships.
- Include Your Key Resources List the critical resources â including personnel, equipment, space, and intellectual property â that will enable you to deliver your unique value.
- Identify Your Customer Relationships and Channels In this section, document how you will reach and build relationships with customers. Provide a high-level map of the customer experience from start to finish, including the spaces in which you will interact with the customer (online, retail, etc.).Â
- Detail Your Marketing Channels Describe the marketing methods and communication platforms you will use to identify and nurture your relationships with customers. These could be email, advertising, social media, etc.
- Explain the Cost Structure This section is especially necessary in the early stages of a business. Will you prioritize maximizing value or keeping costs low? List the foundational startup costs and how you will move toward profit over time.
- Share Your Revenue Streams Over time, how will the company make money? Include both the direct product or service purchase, as well as secondary sources of revenue, such as subscriptions, selling advertising space, fundraising, etc.
Lean Business Plan Template for Startups
Download Lean Business Plan Template for Startups
Microsoft Word | Adobe PDF
Startup leaders can use this Lean business plan template to relay the most critical information from a traditional plan. Youâll find all the sections listed above, including spaces for industry and product overviews, cost structure and sources of revenue, and key metrics, and a timeline. The template is completely customizable, so you can edit it to suit the objectives of your Lean startups.
See our wide variety of startup business plan templates for more options.
How to Write a Business Plan for a Loan
A business plan for a loan, often called a loan proposal , includes many of the same aspects of a traditional business plan, as well as additional financial documents, such as a credit history, a loan request, and a loan repayment plan.
In addition, you may be asked to include personal and business financial statements, a form of collateral, and equity investment information.
Download free financial templates to support your business plan.
Tips for Writing a Business Plan
Outside of including all the key details in your business plan, you have several options to elevate the document for the highest chance of winning funding and other resources. Follow these tips from experts:.
- Keep It Simple: Avner Brodsky , the Co-Founder and CEO of Lezgo Limited, an online marketing company, uses the acronym KISS (keep it short and simple) as a variation on this idea. âThe business plan is not a college thesis,â he says. âJust focus on providing the essential information.â
- Do Adequate Research: Michael Dean, the Co-Founder of Pool Research , encourages business leaders to âinvest time in research, both internal and external (market, finance, legal etc.). Avoid being overly ambitious or presumptive. Instead, keep everything objective, balanced, and accurate.â Your plan needs to stand on its own, and you must have the data to back up any claims or forecasting you make. As Brodsky explains, âYour business needs to be grounded on the realities of the market in your chosen location. Get the most recent data from authoritative sources so that the figures are vetted by experts and are reliable.â
- Set Clear Goals: Make sure your plan includes clear, time-based goals. âShort-term goals are key to momentum growth and are especially important to identify for new businesses,â advises Dean.
- Know (and Address) Your Weaknesses: âThis awareness sets you up to overcome your weak points much quicker than waiting for them to arise,â shares Dean. Brodsky recommends performing a full SWOT analysis to identify your weaknesses, too. âYour business will fare better with self-knowledge, which will help you better define the mission of your business, as well as the strategies you will choose to achieve your objectives,â he adds.
- Seek Peer or Mentor Review: âAsk for feedback on your drafts and for areas to improve,â advises Brodsky. âWhen your mind is filled with dreams for your business, sometimes it is an outsider who can tell you what youâre missing and will save your business from being a product of whimsy.â
Outside of these more practical tips, the language you use is also important and may make or break your business plan.
Shaun Heng, VP of Operations at Coin Market Cap , gives the following advice on the writing, âYour business plan is your sales pitch to an investor. And as with any sales pitch, you need to strike the right tone and hit a few emotional chords. This is a little tricky in a business plan, because you also need to be formal and matter-of-fact. But you can still impress by weaving in descriptive language and saying things in a more elegant way.
âA great way to do this is by expanding your vocabulary, avoiding word repetition, and using business language. Instead of saying that something âwill bring in as many customers as possible,â try saying âwill garner the largest possible market segment.â Elevate your writing with precise descriptive words and you'll impress even the busiest investor.â
Additionally, Dean recommends that you âstay consistent and concise by keeping your tone and style steady throughout, and your language clear and precise. Include only what is 100 percent necessary.â
Resources for Writing a Business Plan
While a template provides a great outline of what to include in a business plan, a live document or more robust program can provide additional functionality, visibility, and real-time updates. The U.S. Small Business Association also curates resources for writing a business plan.
Additionally, you can use business plan software to house data, attach documentation, and share information with stakeholders. Popular options include LivePlan, Enloop, BizPlanner, PlanGuru, and iPlanner.
How a Business Plan Helps to Grow Your Business
A business plan â both the exercise of creating one and the document â can grow your business by helping you to refine your product, target audience, sales plan, identify opportunities, secure funding, and build new partnerships.Â
Outside of these immediate returns, writing a business plan is a useful exercise in that it forces you to research the market, which prompts you to forge your unique value proposition and identify ways to beat the competition. Doing so will also help you build (and keep you accountable to) attainable financial and product milestones. And down the line, it will serve as a welcome guide as hurdles inevitably arise.
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25+ Simple Business Plan Templates for Word for Startups + Funding 2024
Business plans are like road maps: itâs possible to travel without one, but that will only increase the odds of getting lost along the way.
A business plan is a 20-30 page document that outlines how you will achieve your business objectives and includes information about your product, marketing strategies, and finances. You should create one when youâre starting a new business and keep updating it as your business grows.
Sometimes, the prospect of cobbling together a business plan from scratch is daunting. Thatâs why templates are the perfect solution in these cases. This roundup of the best Microsoft Word business plan templates gives you plenty of premium and free options to choose from. Read on.
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Minimal business plan word template.
Minimalism is often considered a sign of professionalism and authority. With this business plan template, you can make sure to include both aspects in your brochure design. It comes with a clean yet stylish page design that suits all types of brands. There are 32 different page layouts included in the template.
Modern Business Plan Template for Word
If you prefer to give a more dark and modern look to your business plan brochure, this Word template is perfect for your business. It includes 56 different page layouts with professionally crafted designs. The template is available in Word, InDesign, and Apple Pages formats.
Multipurpose Business Plan Template Word & InDesign
This Word business plan template features a creative design across all of its pages. There are 64 different pages for you to choose from. And it comes in A4 and US Letter sizes as well. You can easily edit the template using MS Word or InDesign.
Simple Business Plan Template for MS Word
You can use this Word template to create a simple and basic business plan document with ease. It includes 4 different page layouts that allow you to create a short and concise business plan. It comes in InDesign and Word formats.
Clean Business Plan Template for Word
This template features a clean and modern design that’s perfect for the business plan of a startup company. It offers 16 unique pages customizable in Microsoft Word and Adobe InDesign. This business plan template Word DOC works well for nearly all kinds of businesses.
MS Word Business Plan Template
This is a solid choice for anyone looking to hunt down the best Microsoft Word business plan templates. It features 20 meticulously designed pages in A4 size, free fonts, and a help file. Use this template to create an impressive business plan.
Simple Business Plan Template Word DOC
Print ready and fully customizable, this business plan template comes with 52 pages of remarkable design. This completely layered template is compatible with Microsoft Word and Adobe InDesign and will make you skate through the tedious task of editing.
Microsoft Word Business Plan Template
If you’re looking for a minimal, and strictly professional business plan template for Word, the above-featured product is an excellent contender for your cash. It will help state your company’s ambitions, strategies, timelines, and finances in the best way possible.
Business Plan Template for Word
Print ready and fully editable, this brochure template includes 28 pages of extraordinary design. It’s Microsoft Word-friendly and completely layered to make your work life a lot easier. So kick-start 2020 with this efficient corporate brochure template.
Create your own opportunities with this awesome business plan template. Originally designed with Adobe InDesign, this template also comes in the latest versions available for Microsoft Word.
Need a creative corporate business plan template? Then check out this next print template created in Adobe InDesign. A special Microsoft Word file has also been included for quick updates. Get 36 custom pages and a premade cover layout.
Professional Business Plan Template for Word
Use this template to prepare a detailed business plan for your startup and probably land funding. It features a modern, and eye-catching design that can be personalized to your branding and aesthetics. You’ll have a difficult time finding free business plan templates for Word with quality this good.
Elegant Business Plan Template Word DOC
If you really want to make a good impression on potential investors, you should take a closer look at this MS Word business plan template. It offers 28 custom pages in A4 size, CMYL color space, free fonts, and more. Try it out, or add it to your shortlist at the very least.
Minimalistic Business Plan Template for Word
This clean, sophisticated design includes 36 pages for you to customize in any way you like. The creative business plan template also includes files for Microsoft Word, for your convenience.
This clean and professional template will help you craft amazing opportunities for your business. Enjoy the stylish design which features a grid-based layout and only free fonts. Invoice and letterhead templates are also included for a well-rounded brand package.
Take control of your business dreams with this professional business plan. Available in both Adobe InDesign and Microsoft Word formats, this brochure features A4 and US Letter sizes with 16 custom pages. Just drag and drop your photos and information to get started.
Enjoy three stunning yet simple color schemes with this next business plan template. This no-hassle design includes a minimalist theme perfect for beginners. Break down your expense reports, project descriptions and more with one helpful set.
Writing your business plans takes up enough time and energy. So cut your worries in half with a professionally designed template you can customize to your needs. This helpful resource comes with fully layered documents and a custom cover design for a fast turnaround.
Highlight your company’s finances with this extraordinary brochure. This template features 22 custom pages designed with intriguing layout options. Enjoy the trendy design with beautiful colors you can update yourself. Check it out!
This professional template includes 16 pages originally designed with Microsoft Word. Describe your company’s strategy, projections, and services with an effective template available in seven color samples.
Get started on your next creative project with this minimalist proposal template. Designed for entrepreneurs and business professionals, this template features 24 fully layered pages in high-resolution formats. Easily access text and paragraph styles for a custom look!
Free Business Plan Templates For Word
Free business plan template for word.
This free business plan template is ideal for making a very basic brochure to showcase your business plan. Itâs made with advertising agencies in mind. The template is available in MS Word, Apple Pages, and Google Docs formats.
Free Simple Business Plan Word Template
You can make a simple business plan brochure for a small business using this free Word template. It includes all the main page layouts youâll need to cover the important aspects of your business plan.
Free Commercial Contractor Business Plan Template Word
This free business plan template is designed with commercial contractors in mind. It includes several useful page layouts with easily editable designs. The template comes in Word, Google Docs, and Apple Pages formats.
Use this professional services business plan template to help you create a solid plan. This business planning template tells the story of your businessâs vision and how you expect to achieve success. Use this professionally written business plan template to clarify your plan and to share with it your team, outside investors, and future leaders.
Define and communicate the vision for your business with this business plan template for Word. This business plan template includes guidance on what makes a great plan using a new coffee shop as an example. Fill in this simple business plan template with the details of your business for a stunning plan you can present to your stakeholders and potential clients.
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The above sentences clearly depict that planning is everything. Successful organizations credit 90% of their victory for planning. Rest all is to implement the same. They consider the business plans as their most reliable and robust strategic management tool. If a business plan templates is taking much time, that means it will reduce the effort in accomplishing the project.
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- 1. Business overview
- 2. Executive summary
- 3. Market analysis
- 4. Organizational and management plans
- 5. Marketing strategies and sales plans
- 6. Product line
- 7. Financial details
- 8. Team description
How to Write a Business Plan Step by Step?
- 1. First things first, conduct an extensive research of the industry and the market to get a clear picture of what you are getting into and the kind of costs you will have to incur.
- 2. Start by writing a summary of your business plan like what it offers, its benefits etc.
- 3. This should be followed by the company description and what all it will entail.
- 4. Next give an elaborate account of the market analysis and your findings as far as competition, customers and prospects are concerned.
- 5. This should be followed by the structure of your business and how you intend to go about managing it.
- 6. Give a description of your product or service line and how it will be different from the competitor products or services.
- 7. Next, give a detailed account of the strategy that you intend to follow to market your business and get enough sales.
- 8. This should be followed by the details of the finances that you have handy and the requirements.
- Acquiring finances for the business
- Creating alliances in the business arena with experts
- Recruiting expertise for the firm
- Giving a detailed account of the business idea
More in Plan Templates
Business plan layout template, business plan startup template, printable business plan template, blank business plan template, business plan financial template, restaurant business plan template, marketing business plan template, executive summary template, business plan guidelines template.
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Download Simple Small-Business Plan Template. Word | PDF. This template walks you through each component of a small-business plan, including the company background, the introduction of the management team, market analysis, product or service offerings, a financial plan, and more. This template also comes with a built-in table of contents to ...
Download these templates from the Office Templates site to create your plan: Fill in your Business plan. Analyze your market with the Business market analysis template. Detail your financials in a Financial plan. Divide up the work and track deliverables with this Business plan checklist. Wrap up with this Business startup checklist.
Powerful business plan templates. Plan for the future, no matter what your business plans are or the size of your business with these designs and templates. Whether it's just one big project or an entire organization's worth of dreams, these templates will keep you and your company on track from ideation to completion. Category.
Whether you want to launch a side gig, a solo operation or a small business, you need a simple business plan template to guide you. Forbes Advisor offers you a comprehensive and easy-to-follow ...
Bonus Appendices section, if you want to get fancy. Detailed instructions for each section. Add new sections or delete unnecessary ones -- the template is your oyster. Make it yours with your logo and branding. Download it as a PDF or Word file. Print it, email it, send it by carrier pigeon if that's your jam.
A faster way to plan. LivePlan is the #1 planning tool for over 1 million businesses. Create your business plan. Download a free business plan template in Google Doc, Microsoft Word, and PDF formats. Includes expert guidance to help fill out each section.
Kick start your business with our hand-curated collection of ready-to-use templates. A collection of professionally designed Business Plans templates available for Word. Download, customize, and send in minutes.
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 ...
LivePlan is an online, easy-to-use business plan template that walks you step-by-step through the planning process. With fill-in-the-blank inputs, simple but powerful financial forecasting, and beautiful business plans, you'll go from template to complete business plan in half the time.
Here are the steps for filling out our template: Enter your contact details to download the template in Microsoft Word or as a PDF. Gather your relevant business documents, such as market research results and financial statements, in case you need to include details from them. Add information to all the fields, including Company Description ...
In times of uncertainty, being prepared is your best strategy. This template helps your business not just survive but thrive in challenging situations, keeping your customers, employees, and investors satisfied. đ¤. Download This Template. 6. ClickUp Lean Business Plan Template. ClickUp Lean Business Plan Template.
The rest, while still useful, go a bit lighter on guidance in favor of tailoring the plan to a specific industry. Explore: PandaDoc's business plan template library. 5. Canva â Pitch with your plan. Canva is a great option for building a visually stunning business plan that can be used as a pitch tool.
Skip to start of list. 87 templates. Create a blank Simple Business Plan. Beige Red Aesthetic Simple Small Business Plan A4 Document. Document by Rise & Roar Design. Purple Simple Business Plan Cover Page. Document by Rukhai. Red Black Simple Business Plan Cover Document A4. Document by white miracle.
This simple template was designed to help someone new to the business world to easily put together a professional plan describing a new venture. Keep your startup plan short. As your business matures, you can adapt the plan to include additional detail. You can create different iterations of it for different audiences.
Tropo is a minimalist business plan template designed for Microsoft Word. It's user-friendly, designed with organized files for effortless customization, and is suitable for creating business proposals. Tropo offers 32 editable pages, customizable fonts, and colors, well-organised layers, and is print-ready.
For templates tailored to more specific needs, visit this business plan template roundup or download a fill-in-the-blank business plan template to make things easy. If you are looking for a particular template by file type, visit our pages dedicated exclusively to Microsoft Excel, Microsoft Word, and Adobe PDF business plan templates.
MS Word Business Plan Template. This is a solid choice for anyone looking to hunt down the best Microsoft Word business plan templates. It features 20 meticulously designed pages in A4 size, free fonts, and a help file. Use this template to create an impressive business plan. Simple Business Plan Template Word DOC
Startups Businesses and small businesses need to establish a comprehensive business plan to have a successful flow of daily operations. With this, Template.net gives a range of Simple Business Plan Word Templates that might come in handy. The templates are regularly updated giving users the ability to choose within a variety of templates.
47+ Business Plan Templates in Microsoft Word. The above sentences clearly depict that planning is everything. Successful organizations credit 90% of their victory for planning. Rest all is to implement the same. They consider the business plans as their most reliable and robust strategic management tool.
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