Business Plan For Entrepreneurship
When you sit down to write, you'll naturally think through important pieces, like your startup costs, your target market, and any market analysis or research you'll need to do to be successful.
You'll also look at where you stand among your competition (and everyone has competition), and lay out your goals and the milestones you'll need to meet.
Bplans offers more than 500 free sample business plans in a wide variety of industries.
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.
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.
Your business location, target market, and even your particular product or service may not match exactly to the plans in our gallery.To write an effective business plan, you need to complete several steps to ensure that the final plan includes the necessary elements. Explain the kinds of products or services your business will offer, how you plan to manufacture the product or administer the service and what materials you will need.Include details about the kind of facility you will need and the types of equipment required.Create a business budget and break it down into three parts: start-up costs, ongoing operating costs and a breakdown of the overhead into sections such as manpower and materials.Provide as many details as possible in the budget section.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.Every startup and small business is unique, so you'll want to avoid copying a sample plan word for word.It just won't be as helpful, since each business is unique.Think about business planning as something you do often, rather than a document you create once and never look at again.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.