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If you take the time to write a plan that really fits your own company, it will be a better, more useful tool to grow your business.It should also make it easier to share your vision and strategy so everyone on your team is on the same page.
Don't assume that financial projections for a sample company will fit your own small business.
If you're looking for more resources to help you get started, this guide on how to write a business plan is a good place to start.
If you're looking for a tool to walk you through writing your own business plan step by step, we recommend Live Plan, especially if you're seeking a bank loan or outside investment and need to use an SBA-approved format.
How do you know what elements need to be included in your business plan, especially if you've never written one before?
Your business location, target market, and even your particular product or service may not match exactly to the plans in our gallery.
But, you don't need an exact match for it to be helpful.Instead, look for a plan that's related to the type of business you're starting.For example, if you want to start a vegetarian restaurant, a plan for a steakhouse can be a great match.Keep in mind that businesses that use their plan as a management tool to help run their business grow 30 percent faster than those businesses that don't.For that to be true for your company, you'll think of part of your business planning process as tracking your actual results against your financial forecast on a regular basis.Write a good proposal and you might snag new business; write a poor one, and you may lost out, even if you're offering the best service out there.*It’s worth noting that a business proposal is not just an estimate.While you will likely touch on costs in the proposal, an estimate is much more informal, and doesn’t take the whole picture into account in the same way a business proposal does.Looking at examples can help you visualize what a full, traditional plan looks like, so you know what you're aiming for before you get started.Here's how to get the most out of a sample plan: You don't need to find a sample business plan that's an exact fit for your business.To learn more about how to write a great business proposal, check out our article, What’s the Best Business Proposal Format?To download this template for free, please submit the form on the right side of this page.