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Free downloadable one-page business plan template

12 October 2019, 10:00 am by Samantha Garner

A business plan is the design and construction plan for a great small business. If you wanted to build a house, you wouldn’t walk over to an empty lot and just start nailing boards together. You’d follow a blueprint that tells everyone what the finished product should look like and how to build the home. Essentially, a business plan serves the same purpose.

What does a business plan contain?

A business plan contains sections such as: Marketing Plan, Startup Expenses and Capitalization, Management and Organization, Products and Services, and Operational Plan.

A business plan is usually developed around the answers to three common questions:

Where are we now?
Where do we want to be?
How are we going to get there?

And is usually written for one or more of these five reasons:

To test the feasibility of your business idea and work out any bugs on paper first.
To develop strategies ahead of time for marketing, finance, operation and human resources, instead of when you’re in the fast-paced start-up stage.
To get funding, such as a bank loan.
To attract investors.
To have a roadmap to follow for at least the first year in business.

Download our free business plan template

A great deal of time and effort should be spent planning before your new company’s products and services ever reach the market. You need a good foundation and planning before you invest all your time and money.

To get started, check out our free One-Page Business Plan – happy planning!

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