There are lots of benefits to using business plan templates when writing your business plan for investors and lenders. A template helps you organize your thoughts, while also providing a guideline to help you know what to write. This includes an executive summary, company description, products/services description, marketing plan, operational plan, management and organization details, startup expenses, and a financial plan.
Business plan templates ensure you don’t forget any steps, and can also act as a business road map for the first few years after starting your company. So, where can you find business plan templates? Check out the following websites for ones that you can download today.
Whether you’re opening a restaurant, coffee shop, bakery, hotel, salon, or other type of business, PandaDoc has templates that you can make your own. Some of the benefits include document builder and editor tools, e-signatures, document analytics, custom branding, pricing tables and product catalogs, email support, and more. You can also be assured that your document will be secure with encrypted links for lenders and investors to use.
To use the PandaDoc templates, you can start with a trial that doesn’t require inputting your credit card number. However, to sign up for the services, you’ll need to pay for the monthly membership as a user ($19/month) or business ($39/month).
One of Envato Market’s business plan templates is available on Graphic River. This template is a PowerPoint presentation you can use to present the information to your investors and lenders. The template is easy to modify and contains a beautiful design. You can also contact Envato Market to help you create the PowerPoint. Before using the template, however, you’ll need to pay a one-time fee of $15.
If you’re looking for a free template to use, check out the SCORE website. This template comes with instructions on how to complete each section. There are also several tips you can use to help you refine and polish your plan. The website also offers mentors who you can reach out to for advice on how to perfect your business plan. These mentors will review your plan and point out areas that need to be strengthened before you send it to an investor.
The slogan on the LivePlan website says that you can “write your plan in half the time with twice the impact.” You’ll find hundreds of sample plans to review for ideas for your business plan. Use the step-by-step instructions to complete your plan and customize it to better fit the needs of your business and your personal preferences. Then, the site can help you transfer your plan to a Word document, PDF, or PowerPoint presentation.
The website also automatically creates financial tables, charts, and reports to include in your plan. If you’re unsure about how to use this or any other feature on the site, you can watch video tutorials or reach out to the customer service team for assistance.
If you’re interested in checking out the business plan templates on the LivePlan website, consider signing up for a 60-day free trial. Then, you can decide whether you want an annual or monthly package moving forward.
Bplans’ free business plan template was updated in 2018 to reflect the changing trends in business plans. Before downloading the template, check out the sample business plan library for ideas on how to complete your own.
After downloading the template, you’ll find that it is full of details to help you know how to complete each section. The information will tell you what needs to be included under each subheading.
U.S. Small Business Administration
On the U.S. Small Business Administration website, you can get a step-by-step guide to help you fill in your template. To download the business plan template, you first need to create an account on the website. Use the guide to enter the information in the template-building tool. Doing this allows you to save your plan to the system and access it whenever you log into your account. Then, you can update the template whenever you want, too.
Before building a business plan on Rocket Lawyer, you need to disclose which state your business will be located. Then, answer a few questions to help build your template. From there, the business plan can be customized to reflect your brand. Save your progress on the website, and download it when you’re ready.
Since your business plan is customized based on your state, the template ensures that you have the information needed to meet the financial requirements of that state and provide the plan to banks. You then have the choice to allow lawyers to vet the document before signing the document and sending it to lenders to sign.
The Legal Templates website has a free template to use. Unfortunately, the template is fairly basic. It doesn’t offer any assistance with financials or the creation of graphs. It does, however, allow you to make a template that is specific to your industry. Then, review samples and tips to help you write your plan with the details you need.
Choosing Business Plan Templates: Takeaways
You can choose between business plan templates based on the type of design that you want, the amount that you want to pay for it, and the way that you want to present your business to investors and lenders. Once you’ve selected the template to use, the real work begins. Work hard to provide thorough details that investors and lenders will need to make the decision on whether or not to give you the funds needed to start your business.