Free Template For Business Plan
8- Marketing Plan or Go-To-Market Plan Defining a marketing strategy early on is very hard, but it's important to note the first and second plans the company intends to experiment with.Summarize two or three core customer acquisition and growth strategies and a basic overview of how you plan to implement them. 10- Financial Plan The financial plan should be a detailed 12 month projection of the business cash flow, and a simpler 4-5 year projection.Now, Eric Ries' Lean Startup movement revolves around skipping the step of developing a business plan and jumping directly into experimentation, and I absolutely agree with this.I have written a couple in my lifetime, for companies that I have started.So we are giving you these Excel and Power Point business plan templates at no cost.
Based on that structure, a business plan may be as short as a one-page executive summary, or as long as a 50 to 100-page document outlying the specifics of the business.Again, the most common concept is this 20 or 30 page-long document that you prepare to demonstrate that the founding team has the right mindset to venture into a new opportunity.If you are a startup, especially a tech startup, then you might find some similarities between this concept and that of a 'pitch deck template.' The pitch deck, in the end, is the modern, simpler version of the traditional business plan.5- SWOT analysis The Strength-Weaknesses-Opportunites-Threats summary is a famous exercise used in business to assess the state of the industry, the market, and the competitor environment.We have a SWOT analysis template that you can try out here.It's usually made up of a general description of the organization, its function, and its objectives.The vision, on the other hand, talks about what the company aspires to be in the future.In both cases, the reality of the business, the user base, and the market have made the plan irrelevant in a matter of months, if not weeks.This meant we spent 100 or so hours putting together a document that was destined to be obsolete.9- Operations Plan The operations plan is mostly a summary of your plans for the company operation: How many offices will it have? One important thing to note here is that is NOT a fundraising document, so avoid adding fundraising or round information.We hope this article had given you a clear idea of what Business Plan is.