BUS101 Business Plan Template

BUS101 Business Plan Template - Page1of32 This is a Generic...

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Page 1 of 32 This is a Generic Business Plan Template This template contains information and sections that are NOT required for the BUS101 Business Plan project. Feel free to browse what is here and add any of these elements to your plan if you feel that it would help sell your business plan. The specific Business Plan requirements are outlined in the Business Plan Instructions form located on BlackBoard. Business Plan for a Startup Business The business plan consists of a narrative and several financial worksheets. The narrative template is the  body of the business plan. It contains more than 150 questions divided into several sections. Work  through the sections in any order that you want, except for the  Executive Summary,  which should be done  last. Skip any questions that do not apply to your type of business. When you are finished writing your  first draft, you’ll have a collection of small essays on the various topics of the business plan. Then you’ll  want to edit them into a smooth-flowing narrative. The real value of creating a business plan is not in having the finished product in hand; rather, the value  lies in the process of researching and thinking about your business in a systematic way. The act of  planning helps you to think things through thoroughly, study and research if you are not sure of the facts,  and look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later. This business plan is a generic model suitable for all types of businesses. However, you should modify it  to suit your particular circumstances. Before you begin, review the section titled  Refining the Plan , found at  the end. It suggests emphasizing certain areas depending upon your type of business (manufacturing,  retail, service, etc.). It also has tips for fine-tuning your plan to make an effective presentation to investors 
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Page 2 of 32 or bankers. If this is why you’re creating your plan, pay particular attention to your writing style. You  will be judged by the quality and appearance of your work as well as by your ideas. It typically takes several weeks to complete a good plan. Most of that time is spent in research and re- thinking your ideas and assumptions.  But then, that’s the value of the process. So make time to do the job  properly. Those who do never regret the effort. And finally, be sure to keep detailed notes on your  sources of information and on the assumptions underlying your financial data.
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Page 3 of 32 Business Plan OWNERS Your Business Name Street Address Address 2 City, ST  ZIP Code Telephone  Fax E-Mail
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Page 4 of 32 I. Table of Contents I.Table of Contents
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