How To Format A Business Plan

The executive summary goes near the beginning of the plan but is written last.It provides a short, concise, and optimistic overview of your business that captures the reader's attention and creates a need to learn more.

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So, if you don’t already know what you’re doing with the numbers, the process of writing your business plan may not be that much easier with a template.

Finally, merging data from Excel spreadsheets into your Word document is harder than it looks.

You can turn to How to Write the Competitors Analysis Section of the Business Plan for help.

The Target Market description and Competitive Analysis portions can be two separate sections in the plan or combined as shown: A description of how you intend to entice customers to buy your product(s) or service(s), including advertising/promotion, pricing strategy, sales and distribution, and post-sales support if applicable.

Enter your business information including the legal name, address, etc.

If you already have a business logo you can add it at the top or bottom of the title page.The business plan template below is broken into sections as described in the table of contents.Each section of the template can be copied into a Word, Excel or similar office document by selecting the text and using copy/paste.In this section, you need to demonstrate that you have thoroughly analyzed the target market and that there is enough demand for your product or service to make your business viable.The competitive analysis includes an assessment of your competition and how your business will compete in the sector.See How to Write The Management Plan Section of the Business Plan before addressing this section.Ownership Structure The operating plan outlines the physical requirements of your business, such as office, warehouse, retail space, equipment, inventory and supplies, labor, etc.A standard business plan consists of a single document divided into several sections including a description of the organization, the market research, competitive analysis, sales strategies, capital and labor requirements, and financial data.The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground. That best way to find out whether you do or not is to do your research and write a business plan to see if your idea is feasible.The simple business plan template presented here will get you started.

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