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The Top 8 Websites for Free Business Plan Templates

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It is imperative to have a clear-cut plan when trying to start a business. It can help define your goals and show potential investors your level of professionalism. Having a business plan provides a standard against which you can rate the progress of your brand growth and keeps you in check when making significant decisions.

One thing that makes writing a good business plan easier is ready-made templates; you can find them on credible business plan template websites.

1. PandaDoc

PandaDoc is an American-based software company specializing in creating software that makes creating documents for sales processes easier. In addition to teaching you how to create a productivity plan , the website features many functions ranging from user management to document tracking, the creation of a product catalog, and audit trailing.

To use PandaDoc, navigate to their website, click on Resources > select Templates > and search for Business Plan . You can create and edit your business plan template on the web app, and when you are done, you can share it via e-mail or copy the link to the file.

The website offers about 172 templates tailored to various startup types, along with a free 14-day trial. It also allows you to add custom variables to your document during creation and to extract templates from your document where repetition is required for consistency, such as in branding.

Score is a website that prioritizes mentoring and grooming businesses, from startups to full-grown brands. Like a community, they offer mentorship programs, online courses, business training workshops, and even host networking events.

As part of their library of resources for business owners in training, they grant access to business plan templates alongside templates for other business documents like financial records.

The business plan templates are available for startups and established businesses. The website is relatively easy to navigate, and after selecting the template that applies to your business, you can download it for use and reference both online and offline.

Hubspot is an American developer brand that functions as a CRM platform that provides free access to tools for inbound marketing, sales, and customer service.

You can access their business plan templates by clicking resources > free Business and marketing resources > search > business plan templates. You can use the template in its interactive PDF or Google Docs formats.

While you may be skeptical about templates in Google Docs format, there is no need to worry as you can easily convert them to other formats and even find templates that can make your life easier . The interactive PDF provided is a one-page business template that highlights the key elements of a business plan.

In contrast, the template in the Google Docs format is a comprehensive business plan template that includes pro-tips that can help you create a great business plan.

Bplans is a website that focuses on aiding startups and established businesses with business planning. They do this by sharing tons of business insights and giving users access to traditional SBA-approved business plan templates and more sophisticated premium business plans created with their Liveplan AI-powered business planning software.

This SBA-approved business plan template is designed in a fill-in-the-blanks format for enhanced simplicity so that professionals and newbies can use it. It is available for download as a Word document and in PDF and Google Doc format.

Aside from the free SBA-approved business plan template that Bplans provides, their premium business planning tools offer up to 500 business plan templates for almost every industry uniquely tailored. Nonetheless, their free template provides a substantial business plan template for newbies and pros alike.

Jotform is a free online platform to help you build various business plans. You can edit its business plan templates on its online PDF editor, and when done, you can preview it before downloading.

Its intuitive form asks you to fill out your basic business details, so it can fill them in spaces that save you a lot of time. Jotform has over 10,000 templates for building relevant business documents, including business plans.

With Jotform's interactive and seamless platform, you can quickly build your business plan in just a few minutes. Further, if you need clarification on the details of your business plan, you can make a quick plan with helpful planning apps before creating your preliminary business plan.

6. Tidyform

Tidyform is a website that provides guidelines and templates to people looking to create business documents. It helps business owners quickly get relevant paperwork via ready-made templates tailored to different business needs, including business plans and payment invoices like those found in the best free invoicing apps and business plans.

The business plan templates are customized for different business models and are available for download on their website. You can easily download the templates available on your PC or request them via e-mail.

7. Smartsheet

Smartsheet is an online platform with a focus on project management. It offers tools for making reports, tracking the progress of projects, scheduling meetings, and preparing relevant business paperwork, including business plans.

Along with custom templates for creating business plans like Apple Pages provides, the platform offers online learning opportunities via training workshops, webinars, and small community groups for different niches to aid growth via mentorship.

You can access the business plan templates in different formats ranging from PDFs to Excel sheets, and with Smartsheet's intuitive platform, you can share your plans with your team members for collaboration.

8. Template.net

Template.net is an online resource center for numerous templates, including various business plan templates. It functions as a library of templates curated by professionals and experts in form-building.

Using Template.net is like using a specialized internet browser for templates. Simply type in a keyword related to the document you're trying to create, and a plethora of template samples will appear. You can pick from a variety of templates.

Plan Your Business Professionally With Business Plan Templates

Starting a business and keeping it running is very demanding, especially financially. That is why sourcing sponsorships, partnerships, and collaboration are vital; you need a business plan to get them.

A business plan gives credibility to your business journey and assures prospective sponsors and shareholders that your business will yield returns and be a good investment. It also helps you keep track of your business growth and forms the framework for all your expansion and investment choices.

After sharing your business plan with your potential investors, you can go further and share your business plan on social media platforms. Using tested and trusted business plan templates makes the process a ton easier.

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🤖 Free Business Plan Generator (AI-Powered)

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Writing a business plan can often feel like navigating through a dense forest without a map. You know your destination—securing investment, defining your business strategy, or setting clear objectives—but the path isn't always clear. Enter the AI-powered business plan generator, a tool designed to illuminate the way forward. This guide will walk you through the essentials of crafting a comprehensive business plan, touching upon the traditional elements that captivate stakeholders. In the final stretch, we'll introduce how an AI-powered business plan generator can streamline this process, making it more accessible and less time-consuming.

How to create a Business Plan

Now that you're familiar with the executive summary, let's tackle how you can create the rest of your business plan.

You can start manually by outlining your plan's structure and filling in the details step by step, or opt for a business plan generator to streamline the process.

Either method requires careful consideration of each section to ensure your plan is thorough and compelling.

Manual Methods for creating a Business Plan

You'll start with the Executive Summary, distilling your business idea into a compelling snapshot that captures attention.

Next, you'll outline your Company Overview, providing a clear picture of who you are and what you stand for.

Then, lay out your Business Objectives, Products and Services, and your Market Analysis Approach to build a solid foundation for your plan.

Executive Summary Essentials

Although it's often crafted last, the Executive Summary stands as the crucial opener of your business plan. It distills key aspects such as your mission, product highlights, and financial ambitions for quick investor insight. It encapsulates your company's essence for investors and maps out the business plan development milestones.

Ensure it crisply outlines your executive summary, underscoring the company's financial goals. This will help capture investors' attention right off the bat.

Company Overview

Begin your company overview by detailing your business's foundational elements, including its name, location, and the team driving its operations.

Here's what to include:

• A clear description of your business structure and ownership.
• The mission statement that defines your business's purpose.
• An outline of the products or services you offer.
• Background information that paints a picture of your company's history and objectives.

Business Objectives

To set your business on the path to success, start by defining clear and measurable objectives that reflect both your immediate and long-term aspirations.

Align your business objectives with strategic objectives to meet financial goals.

Conduct market research to fine-tune your target market strategies .

Ensure company goals are realistic and adaptable, setting a course for growth and market competitiveness.

Regular updates keep your plan relevant.

Products and Services

After setting clear business objectives, focus on articulating the core of your offering by detailing the products and services your business provides. Your description should also include:

• Unique features and benefits of each product or service.
• Specific products' competitive advantages.
• Your strategy for sales, distribution, and supply chain.
• Trademarks and market placement for your products and services.

Market Analysis Approach

A thorough market analysis is crucial for your business plan as it reveals the dynamics within your target market and guides your competitive strategy .

You'll identify potential customers, understand established market trends, and analyze how competitors differentiate themselves.

This knowledge shapes your sales plan and informs your marketing and sales efforts, highlighting opportunities in an otherwise crowded marketplace and showcasing your grasp of the competitive landscape.

Marketing and Sales Strategies

Crafting a marketing and sales strategy requires precise identification of your target customers to ensure your message resonates and spurs action. Here's how to proceed:

• Define your target market for the new product.
• Develop a pricing and sales channel approach.
• Design a marketing plan with promotional tactics.
• Analyze market trends to refine your strategy.

Stay focused on meeting customer needs and differentiating from competitors.

Financial Analysis and Projections

Diving into the financials, you'll need to gather historical data and conduct a thorough analysis of revenue streams , costs, and profit margins to inform your projections for the next three to five years.

Your financial plan hinges on these insights.

Operations Plan

To ensure your business runs like a well-oiled machine, start by mapping out your key operational processes and procedures. Your operations plan is a vital section of your business plan. Here's what to include:

• Outline technology's role in business operations.
• Develop a comprehensive staffing plan.
• Establish a robust inventory management system.
• Implement quality control measures to provide additional assurance of product or service excellence.

Funding Requirements

Having established the operational foundations of your business, let's now focus on determining the capital necessary to fuel your growth and operational needs.

Outline your funding requirements by presenting clear financial data, including projected income, balance sheets, and cash flows.

You'll need this to secure funding from venture capital firms or potential investors, ensuring they grasp how their capital will propel your business towards its targets.

Appendices and Exhibits

When crafting your business plan, don't overlook the appendices and exhibits; these sections provide the substantiating details that reinforce your proposal's integrity. Include:

Documents that outline key personnel qualifications and experience.

Details on intellectual property, such as patents.

Additional information for financial institutions, like credit histories.

Contracts, leases, or other legal documents relevant to your business.

Using a Business Plan Generator

You might wonder why you'd use a Business Plan Generator—these tools streamline the planning process, making it easier for you to focus on the core aspects of your strategy.

To get started, you'll follow a series of steps that help structure your executive summary, goals, and market analysis within a proven framework.

The benefits are clear: using a generator can save you time and provide you with a professional, investor-ready plan.

Steps to use the Business Plan Generator

To create a business plan using a generator, start by selecting a template that aligns with your industry and business type.

Here are the steps to use a business plan generator:

• Identify Your Business Details : Start by providing the name of your business and the industry it operates in. This foundational step sets the stage for the tailored guidance the generator can offer.
• Describe Your Offerings : Clearly articulate what products or services your business sells or offers. This will help the generator understand the value proposition of your business.
• Define Your Target Audience : Specify who your ideal customers are, including demographic information. Understanding your target audience is crucial for creating a focused and effective business plan.
• Outline Your Marketing Plan : Detail your strategies for promoting your business. This includes how you plan to reach your target audience and differentiate yourself from competitors.
• Detail Your Operational Strategy : Explain how your business will operate on a day-to-day basis. Include information on your supply chain, logistics, and any other operational details.
• Provide Financial Information : Input how much money you need to start your business and project how much revenue it will generate. This financial planning is critical for assessing the feasibility of your business idea.
• Set Business Objectives : List what you aim to achieve with your business in the short term and the long term. These goals will guide the direction of your business strategy.
• Click on Generate : After entering all the necessary information, click the "generate" button to create your personalised business plan. This plan will be tailored to the specifics of your business, providing a roadmap for success.

Benefits of using a Business Plan Generator

Harnessing a business plan generator can significantly streamline the process, saving you both time and effort as you craft a detailed blueprint for your venture.

Here are the benefits:

• Provides a structured framework to write a business plan efficiently.
• Helps identify opportunities in new markets.
• Enhances financial literacy through budgeting and forecasting tools.
• Clarifies business objectives, aiding in communication with stakeholders.

Tips for Creating a Business Plan

When crafting your business plan these tips collectively form a comprehensive business plan, providing a roadmap for your business and presenting a compelling case to investors and lenders.

Here are the tips for creating a business plan:

• Articulate your mission and vision succinctly.
• Outline your offerings and financial ambitions.
• Provide a snapshot of your business's financial health and market potential.
• Clarify the business structure ( sole proprietorship , partnership, corporation).
• Highlight ownership details.
• Showcase key employees, emphasizing their expertise.
• Define short- and long-term goals for your business.
• Align goals with your strategic direction.
• Establish a direct link between financing needs and future growth.
• Describe your offerings and emphasize how they meet market needs.
• Support claims with market research.
• Demonstrate a thorough understanding of your competition.

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New to business planning? Start here

What should i include in my business plan.

You must have an executive summary, product/service description, market and competitive analysis, marketing and sales plan, operations overview, milestones, company overview, financial plan, and appendix.

Why should I write a business plan?

Businesses that write a business plan typically grow 30% faster because it helps them minimize risk, establish important milestones, track progress, and make more confident decisions.

What are the qualities of a good business plan?

A good business plan uses clear language, shows realistic goals, fits the needs of your business, and highlights any assumptions you’re making.

How long should my business plan be?

There is no target length for a business plan. It should be as long as you need it to be. A good rule of thumb is to go as short as possible, without missing any crucial information. You can always expand your business plan later.

How do I write a simple business plan?

Use a one-page business plan format to create a simple business plan. It includes all of the critical sections of a traditional business plan but can be completed in as little as 30 minutes.

What should I do before writing a business plan?

If you do anything before writing—figure out why you’re writing a business plan. You’ll save time and create a far more useful plan.

What is the first step in writing a business plan?

The first thing you’ll do when writing a business plan is describe the problem you’re solving and what your solution is.

What is the biggest mistake I can make when writing a business plan?

The worst thing you can do is not plan at all. You’ll miss potential issues and opportunities and struggle to make strategic decisions.

Business planning guides

Learn what a business plan is, why you need one, when to write it, and the fundamental elements that make it a unique tool for business success.

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Explore different business plan formats and determine which type best suits your needs.

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A step-by-step guide to quickly create a working business plan.

Tips to write your business plan

A curated selection of business plan writing tips and best practices from our experienced in-house planning experts.

Explore industry-specific guides to learn what to focus on when writing your business plan.

Business planning FAQ

What is business planning?

Business planning is the act of sitting down to establish goals, strategies, and actions you intend to take to successfully start, manage, and grow a business.

What are the 7 steps of a business plan?

The seven steps to write a business plan include:

• Craft a brief executive summary
• Describe your products and services
• Conduct market research and compile data into a market analysis
• Describe your marketing and sales strategy
• Outline your organizational structure and management team
• Develop financial projections for sales, revenue, and cash flow
• Add additional documents to your appendix

What should a business plan include?

A traditional business plan should include:

• An executive summary
• Description of your products and services
• Market analysis
• Competitive analysis
• Marketing and sales plan
• Overview of business operations
• Milestones and metrics
• Description of your organization and management team
• Financial plan and forecasts

Do you really need a business plan?

You are more likely to start and grow into a successful business if you write a business plan.

A business plan helps you understand where you want to go with your business and what it will take to get there. It reduces your overall risk, helps you uncover your business’s potential, attracts investors, and identifies areas for growth.

Having a business plan ultimately makes you more confident as a business owner and more likely to succeed for a longer period of time.

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