If you are starting a business, whether it’s full-time or part-time, one of the best things you can do is write a business plan. It provides a fresh perspective on your ideas and enables you to think about your organization. It asks you to consider the basics of your business, such as what activities you will perform, who your customers will be, and how much money you need to generate, among others. We recommend that all business owners sit and write down their plans regardless of the size or nature of their enterprise.
What is a Business Plan?
A business plan is a formal proposal drawn by the company owners for submission to banks or other financial institutions in order to apply for loans. It also explains the following:
- Why does your business deserve investment?
- How much money do you need and what will you use it for?
- How long will the business take to become profitable?
- What business opportunities are present to you?
- What business experience do you have?
- Who are your business partners?
The business plan includes description of your operations, products or services, sales forecasts, operational costs, and marketing plans. It also contains background information of the people involved in the company. It sets out the opportunities and risks, and explains what is in it for the investor.
Purpose of a Business Plan?
The purpose of a business plan is to determine what your company does, how it will make money, who your target customers are, who the major contributors are, and where you see your organization in five to ten years.
A business plan is a document that contains the information about what you would do in an ideal situation where your company has adequate material to keep up with the supply and demand. There are various other benefits of business planning as it allows business owners to make objective decisions using their experience, garner adequate attention and funds, showcase industry knowledge that they possess, and more.
A business plan also helps you determine your mistakes and identify failures. If company owners are able to identify failures, they can learn from them and make informed decisions. Business plans are not only used by companies but also by non-profit organizations to achieve their future goals.
A business plan includes strategy and goals for the organization to reach. It is therefore important for planners to consider different scenarios that might impact their decisions before committing themselves to a set idea.
Business Plan Sections
The following sections present various elements of a business plan. So let us dive right in!
1. Executive Summary
An executive summary is a brief description of a business plan. It highlights major information about the business plan that will help executive members make better decisions.
It is not meant to replace a business plan, rather it gives an opportunity to the members to skim through all the major details quickly and easily. This helps in understanding the key developments of your operations and use them to your advantage.
An executive summary includes a description of the business plan.
It also includes the following information:
- What does your business do?
- Who does it serve?
- Where is it located?
- The executive team members who are involved.
- How will your business serve its customers/clients.?
- What makes your business different from others? (i.e. competitors)
Roles and Responsibilities of the Executive Team Members
structuring and formatting your business plan efficiently. Your executive summary should be written in a way that is easily understandable by the team for which you are creating it. Your writing style should match their areas of comprehension so that all of the important information can be absorbed and retained by them.
Additionally, your executive summary should include your overall business plan while also leaving out unnecessary information. It should be to the point, factual, and easy to read.
At the end of the executive summary is a list of team members who have reviewed and/or approved what you've written. It is essential to form this summary so that they're up-to-date with what the company is doing, even though they may get to it once every few weeks or months.
Many executive summaries are written in the past tense; however, some executive teams prefer present tense. It is up to you to decide which fits your summary the best.
Executive summary templates are available for all the team members who need help writing a detailed document for their business. The templates include all of the necessary components that are needed in order to produce a good product which includes team qualifications, roles, names and titles, board qualifications, roles within the company, and more.
Business Plan Executive Summary Template Examples
Here are some executive summary examples:
Executive Summary PPT Pictures
Use this executive summary PPT layout to showcase the highlights of various financial years. Download this PowerPoint presentation to present the company’s mission, vision, promoters, and stakeholders now!
Business Plan Executive Summary Outline PowerPoint Templates
This is a tabulated slide showcasing the problem, solution, market potential, etc. Get it now to outline your executive summary!
Business Plan Executive Summary Model Good PPT Example
You can use this PPT design to categorize and explain the direction of the inquiry, the financial system, and the important issues faced in the system. Grab it to get started.
Executive Summary PowerPoint Presentation Slides
This is a great PPT deck to present the financial transactions of your company with ease. It has a multitude of templates that are available for immediate use. So download it now.
Business Plan Executive Summary Market Competitor Analysis
Use this executive summary PowerPoint design to tabulate various qualifiers such as the context, idea, market rationale, etc. Get this PPT template immediately and present your team with a crisp summary.
2. Company Profile
A company profile is a business document that provides high-level information about its operations. It is most commonly used by individuals who are keen on learning more about the organization and financing it.
Unlike a business plan, a company profile is one to two pages in length, although it may be longer if additional information is needed to fully describe the business. It usually includes marketing strategies or other pertinent business practices, as requested by potential business partners.
The profile gives the reader an understanding of the size and structure, operations, location and environment, legal form (for example, sole proprietorship or corporation), policies and procedures, etc., of the company.
Business Plan Company Profile Examples
Here are some company profile examples to help you get started:
Company Profile PowerPoint Slide Backgrounds
This business profile PowerPoint layout contains information regarding the executive summary, vision and mission, company timeline, etc. Download it right away!
Company Profile PowerPoint Slide Backgrounds
You can use this PPT deck to showcase the details of your company, such as the agenda, founders, departments, and teams, etc. Make it yours now.
About Us Company Profile Management Slide PowerPoint Slides
You can showcase the details of your business graphically as well as textually with the help of this PowerPoint theme. Consider it as an “About Us” PPT theme. Get it now!
Company Profile Design Inspiration PowerPoint Presentation Slides
This PPT preset is a stylish and attractive medium to present the details of your organization. It contains the company overview, the mission, vision, and core values, etc. Employ it right away!
Company Profile PPT Portfolio File Format
You can use this PowerPoint design to present the organizational chart, milestones achieved, offerings, etc., of your company. Incorporate it now!
3. Products and Services
A product is a tangible item, such as a work of art or an appliance. It can also be intangible, such as a service or credit. For example, financial services include saving accounts with interest rates and checking accounts which offer easy access to funds.
In the same manner, a service encompasses intangible or physical items. It can be a massage at the spa and can also embody hiring someone to clean your home.
Products and services are not interchangeable terms, although they often go hand in hand on shelves or digital displays.
If you're thinking of starting a business, then consider various aspects that come with it. One of these is the potential products that your company can sell and offer some ideas to improve them as you go along.
In order to gain a better understanding of how to write about products in a business plan, it is a good idea to search for companies who have used this strategy before. For example, the marketing plan of hair care brand Aussie was analyzed to understand how effective it was at marketing its products.
Business Plan Products and Services Examples
Here are some products and services examples:
Product Slide Pitch Deck PPT Template
This PowerPoint theme showcases product entities and how to handle its proposal and launch. It contains slides like salient features, product comparison, competitive analysis, etc. Download it now.
Product Marketing PowerPoint Presentation Slides
With this PPT design you can explain how product marketing works. It includes brand positioning, positioning strategy, charts, etc. Incorporate it now.
Menu of Services Marketing Service Education Service Project Management
This PowerPoint preset showcases sample products and services and their respective elements. This includes construction, management services, financial services, etc. Get it now.
Laundry Services Business Proposal PowerPoint Presentation Slides
With this PPT theme present a sample of your laundry service proposal. It includes project context, business model, pricing, etc. Download it now.
Financial Management Services Proposal PowerPoint Presentation Slides
Present this financial management service PowerPoint template to propose the services offered by your organization. It includes project overview, fee summary, contact, etc. Get it now.
4. Market Overview
This section describes the market in which the company operates.
In its simplest form, a market overview provides a synopsis of the market size and trends, offering at least some information that you can find in market research reports.
For this reason, market overviews are often used by managers as initial research tools. They provide a useful starting point for investigations and serve as a primer on market segments, trends, drivers and inhibitors, forecasts (e.g., 5-year projections), profiles of leading companies in the industry sector, etc.
A market overview is often divided into two parts: market size and market trends.
Market size refers to the total market value of all the products and services sold within a sector; while market trends refer to the factors that influence change or stability: either growth drivers or inhibitors that cause markets to expand or contract.
Business Plan Market Overview Examples
Here are some market overview templates:
Market Analysis PowerPoint Presentation Slides
This PowerPoint preset showcases information necessary to conduct market analysis. It includes market trends, market share, comparisons graphs, etc. Download it now.
Market Trend Analysis PowerPoint Presentation Slides
This PPT theme contains slides to visualize a proper market survey, no matter the size of the target audience. It includes mega trends, market landscape, market waves, etc. Get it now
Online Business Market Overview PowerPoint Presentation Slides
With the help of this PowerPoint design, you can present pertinent details of the ecommerce industry including key growth drivers, business model, etc. Choose it now.
Ecommerce Market Overview PowerPoint Presentation Slides
This PPT layout details the following elements of an ecommerce market overview — sales projections, environment, marketing strategy, etc. Incorporate it right away!
Business Overview Module PowerPoint Presentation Slides
This PowerPoint template presents details such as the agenda, company overview, member profile, and more. Get it now..
A product is the most important element of any business. It is what you are selling to your customers that you should mention in your business plan.
A product is the result of perfecting what you are offering. It represents the final product that your customers will experience or buy. It should meet certain requirements to become successful in the market, such as being desirable to a large group of people and having a good quality.
There are four main product types identified by the business world. These include product line, product mix, product configuration, and product bundle.
- A product line is a group of products that share common characteristics such as similar quality or price.
- A product mix is the total number of goods offered for sale by a business at one time.
- A product configuration includes variations of an individual product offering, including its size, color, components, and features.
- A product bundle is a group of products that are sold together at a price lower than buying all the items individually.
Additionally, if you offer your product for online sale, there are two main product types: digital and physical products. A digital product is an intangible product that exists in a digital form. It doesn't need shipping or storage because it's downloadable and can be consumed instantly. A physical product is a one-time purchase or subscription, such as a book or toy.
Business Plan Product Examples
Here are some product examples:
Production Management PPT Slides Complete Deck
With this PPT theme present a description of product management and detail your specific goals and objectives. It contains the introduction, forecasting, system design, etc. Download it now.
Product Description Slide Pitch Deck PPT Template
Illustrate the strengths of your product with this PowerPoint design. It includes salient features, offerings, competition, etc. Get it now.
Product Rationalization PowerPoint PPT Template Bundles
Showcase the various elements of product rationalization such as matrix, criteria, visuals, etc., using this PPT layout. Download it now.
Sample Product Roadmap PPT PowerPoint Presentation Slides
6. Revenue Model
A revenue model is the key component of every business plan. This section outlines the revenue and financial strategy of your business or product. It shows how you intend to generate revenue and includes information regarding revenue sources, cost structure, gross margin, and profit margin.
The revenue model section includes specific information about how much revenue your business needs in order to be profitable in the long-term. It is also useful in showing the breakdown of revenue based on the products, services, or activities of the organization.
There are many different revenue models such as subscription-based revenue, advertising revenue, licensing revenue, and revenue sharing revenue.
A revenue model does not replace a business plan. It is rather an extended form of it that you can present as a table or chart from which you can take cues.
Your revenue model should be realistic. The figures you use in this section should be well-thought out and based on evidence collected during market research. It is important to have all the revenue sources and revenue targets in complete agreement with the revenue model.
The revenue model should also show how you intend to generate income geographically, such as in specific countries or natural areas. It is also important to include information about what percentage of revenue is generated from each geographical location and how it is distributed.
The revenue model plays a huge role in determining whether you have appropriate funding sources and target earning amounts for your business. Because of this, it's important to have sections that can stand up to scrutiny from potential investors.
Business Plan Revenue Model Examples
Here are some revenue model examples:
Revenue Model PowerPoint Presentation Slides
This PPT layout presents a revenue model comprising the expense mode, yield generation methods, earning streams, etc. Download it now.
Ecommerce Business And Revenue Models PowerPoint Presentation Slides
This PowerPoint preset contains information on various ecommerce and revenue modes that can be used by a business. Download it now.
Revenue Streams Business Sources Products Subscription Advertisements
This PPT design showcases the various streams of revenue such as rent, advertising, selling assets, etc. It also contains revenue from various companies, products, websites, and more. Get it now.
Revenue Framework PowerPoint Presentation Slides
This PowerPoint preset contains the revenue framework with elements like revenue and expense models, revenue streams, graphs, etc. Download it now.
B2B Commerce and Revenue Model PowerPoint Presentation Slides
This PPT layout illustrates many commerce and revenue models such as drop shipping, warehousing and wholesaling, white-labeling, and many more. Get it now.
7. Operating Model
An operating model is an abstract representation of the basic components of an organization and how they relate to one another. It can be used in strategy planning, operations management, organizational development, and change management.
The operating model provides a common framework for teams to use when communicating with each other about the types of change that need to occur for an organization to be successful. It includes elements such as the mission and objectives of the organization, division and organization of work, reporting structure, and more.
When used in strategy planning, the operating model lays a strong foundation for organizations to improve their performance and achieve better alignment in their mission and values. It helps take the complexity out of strategy by identifying the few components that are necessary for success.
When using an operating model in strategy planning, there are three separate components that must be considered: people, processes, and systems.
The people component includes decisions about how work is divided and organized, the roles and responsibilities of employees and their managers, and how people are incentivized to perform well. The processes component includes decisions about what activities need to be done in order for the business to function, such as how projects are planned or budgets developed.
When used in operations management, the operating model helps managers use their resources more effectively. It can help them identify where an overlap or redundancy occurs. It also ensures that people are not over-utilizing or under-utilizing their time.
The operating model also provides a basis for organizational development and change management. The systems component includes the decisions about how information is gathered and how it is used to improve strategy.
When using an operating model in operations management, the three components are also people, processes, and systems. The people include decisions about who does what type of work and whether there will be opportunities for employees to gain new skills or move into different roles or not.
Business Plan Operating Model Examples
Here are some operating model examples:
Operating Model PowerPoint Presentation Slides
You can execute various types of operating models for your organization with the help of this PowerPoint template. Each template is unique in its application. Download it now.
Operating Model PPT Infographics Graphics Template Mission and Guiding Principles
With the help of this PPT design, you can present the various elements of an operating model such as design implement test, asset growth, KPI technology, and more. Get it now.
Target Operating Model Management Technology Automation Growth Opportunities Strategy
This PowerPoint design contains the stages of the target model, data maturity levels, growth management approaches, etc. Incorporate it to execute operation model testing now.
Target Operating Model Strategy Management PPT
This PPT preset showcases the target operating requirements which includes types of model, objective scope, strategy management, etc. Employ it right away!
Annual Operating Strategy PowerPoint Presentation Slides
This creative PowerPoint set includes a number of templates such as the executive summary, key performance indicators, operational challenges, etc.
8. Competitive Analysis
A competitive analysis is a simple method for gaining a better understanding of how your competitors are performing. It helps assess the activity, size, and value provided by those competitors.
Writing a competitive analysis of your competitor can be difficult, but it is very important. If you are entering the market with a new idea, you need to convince potential investors to fund your project. This is where competitive analysis can help you the most!
- How big are your competitors?
- How much value do they provide to their customers?
- How do they compare with you in terms of service model (e.g. number of research users, percentage of web traffic dedicated to support, etc.)?
- How do they compare with you in terms of platform (e.g. number of languages covered, size and quality of training material)?
- What do your competitors' customers value the most?
- How does your competitors’ product positioning compare with yours?
To do a competitive analysis, it is important to document the actions of your competitor. These include their website, marketing materials, and any other promotional material. It is also very advantageous to have some sort of benchmark for your competitor. This can be extracted from Google Trends data or Alexa traffic reports. This is important for any comparison you want to make.
- Product features
- Website design & usability
- Social media presence
- Pricing strategies
- Branding strategies
Business Plan Competitive Analysis Examples
Here are some templates showcasing competitive analysis examples:
Competitive Analysis PowerPoint Presentation Slides
This PPT layout allows you to conduct a competitive analysis using slides for competition identification, comparison, positioning, etc. Download it now.
Competitive Analysis Module PowerPoint Presentation Slides
You can use this PowerPoint theme for your competitive analysis. It contains slides for ranking, revenue and profit, share and sales, etc. Get it now.
Competitive Analysis Report PowerPoint Presentation Slides
This PPT layout allows you to report the status of market analysis. It contains slides like market overview, industry size, target market, etc. Get it now.
Competitive Analysis Methods and Strategy PowerPoint Presentation Slides
This PowerPoint preset can be used to present various methods for a competitive analysis such as descriptions, portfolios, classifications, etc. Download it now.
Competitor Analysis Templates PPT Template
Use this PPT deck to present data with overview slides, positioning matrix, profiles, etc. Get it now and present the data correctly.
9. Customer Definition
A customer can be an individual, business, government, or organization that pays to receive goods and services from another party.
They are crucial for any retailer as they help increase the revenue by purchasing the goods. They also provide vital feedback to improve the business. Describing what a customer is creates a roadmap that leads to the development of a customer or buyer persona.
A customer persona describes the characteristics, behaviors, and goals of people who are likely to purchase your product.
A buyer persona is more complex than a customer persona. It includes additional information about the stakeholders in the buying process, such as internal influencers in an organization or value-chain partners in an industry.
When you create a customer persona, it's a good idea to answer the following questions:
- Who is your target audience?
- What motivates them to purchase your product?
- How do they decide what to buy and from whom to buy it?
- Where do they go for information and advice?
- What is their budget?
- When do they make their purchases?
- How does your product fit their lives, and what problems does it solve?
Business Plan Customer Definition Examples
Here are some templates showcasing competitive definition examples:
Customer Success Model PowerPoint Presentation Slides
Understand and explain the customer success model with the help of this PowerPoint theme. It contains slides like customer segmentation, success cycle, maturity mode, etc. Download it now.
Customer Centricity Model PowerPoint Presentation Slides
This PPT design contains a number of templates to focus on the customers more. It contains templates that are considered the building blocks of customer definition, such as, customer loyalty, metric marketing, etc. Get it now.
Customer Lifecycle PowerPoint Presentation Slides
This PowerPoint theme is the correct tool to present the customer lifecycle. It helps in targeting the prospects, understanding the marketplace, building various customer acquisition tools, etc. Employ it now.
Customer Retention and Loyalty PowerPoint Presentation Slides
Customer retention is a pillar of any business. With this PPT deck, present the customer retention strategies, benefits, impact, etc. Download it now.
Customer Journey PowerPoint Presentation Slides
This PowerPoint layout is perfect to understand the point of view of the customers. It includes understanding customer mapping purpose, key statistics, journey layers, journey steps, satisfaction metrics, etc. Download it right away!
10. Customer Acquisition
Customer acquisition is quintessential to any business plan. A key aspect to note here is that it is not limited to just the marketing department.
Customer acquisition is the first step in the overall marketing process and an important one at that. Therefore, before drafting this section of your business plan, it is essential to understand what is meant by customer acquisition, how it links to other marketing aspects like retention and loyalty, why the term subsequently came into existence, and how companies are looking for new ways to acquire customers more effectively.
In a business environment, customer acquisition refers to the process of increasing the customer base by selling services or products to them. While it typically involves a company trying to bring in new clients through advertising and other promotions, there are some methods of customer acquisition which don't rely on marketing.
This helps increase the focus on the overall customer experience rather than making more sales. It also helps in creating unparalleled customer retention strategies that focus on keeping the current customers engaged and loyal to your business, as opposed to acquiring new ones.
For example, building brand loyalty and encouraging shared experiences between consumers and brands are both ways to create engagement.
Many companies have been focusing on retaining customers than acquiring new ones as the market is maturing and customer acquisition has become more expensive. Newer forms of marketing such as social media advertising and influencer relations are useful in reducing the amount spent on paid customer acquisition methods such as television ads and billboards.
Therefore, many companies are embracing it wholeheartedly.
Many companies are also focusing on targeting actively engaged users as opposed to "low-hanging fruit" (people who are incredibly easy to sell to) as brands today must compete for the attention of consumers by delivering effective products and services that create value.
Business Plan Customer Acquisition Examples
Here are some templates showcasing competitive acquisition examples:
Customer Acquisition PowerPoint Presentation Slides
Explain customer acquisition with this PPT theme correctly. It covers targeting audience, CA strategies, CA framework, costing, key metrics, etc. Get it now.
Customer Acquisition Strategy PowerPoint Presentation Slides
Describe and illustrate strategies for customer acquisition with this PowerPoint design. It covers slides and topics like customer acquisition framework, management, target prospects, goals, the team, etc. Download it now.
Customer Acquisition Process PPT Templates
Define and present the steps involved in the customer acquisition process with this PowerPoint deck. Cover topics like the team, agenda, mission, etc. Employ it now.
Customer Acquisition Model PowerPoint Presentation Slides
Explain the model fit for customer acquisition with the help of this PPT template. It includes slides like the channels, plan, process, demand creation strategy, sales force automation, etc.
Customer Acquisition Plan PowerPoint Presentation Slides
Generate an effective customer acquisition plan with this PowerPoint set. It covers the necessary steps for nurturing email automation, building a sales checklist, etc. Get it now.
Traction is one of the most misunderstood concepts in business and is often considered synonymous with growth or validation, two things that are incredibly important when it comes to scaling a business. However, it needs to be garnered effectively.
What is Business Traction?
Traction is a measure of how effectively your business converts its opportunities into real customers. When you're just getting started, it's fairly easy to win favors from friends and family or generate excitement within early adopters. However, traction also helps measure the flip side — what comes after those initial supporters: actual paying customers.
Therefore, it is all about acceleration: going from zero to one hundred miles an hour in the shortest time possible. It is the process of applying multiple tactics to achieve business growth as quickly as possible, ideally doubling or tripling the size each month!
Now we know what is traction but it is also important to note what it is NOT!
What isn’t Business Traction?
Customer acquisition is not business traction, because it does not progress your company towards the goal of doubling or tripling its size every month. However, customer acquisition is a piece of business traction. Similarly, driving sales or marketing campaigns and piloting new features is not business traction but they are the pieces of business traction that help you bring in more positive results.
How do you achieve Business Traction?
In order to have business traction, you need to generate measurable results that increase the speed of growth. This implies:
- You need to generate results. Results are any sign that people are actually using your product.
- Your traction must be measurable. Measurable means quantitative, meaning you can report numbers.
- Your traction needs to indicate acceleration, which means your growth rate is increasing over time or you are growing at a much faster rate.
Business Plan Traction Examples
Here are some templates showcasing competitive analysis examples:
Traction PPT Example File
Illustrate the various traction metrics for your business with the help of this PowerPoint layout. It includes revenue predictions, charts and graphs to track progress, awards given, etc. Download it now.
Business Traction for Restaurant POS System
This POS system PPT theme is designed to help you manage your restaurant more efficiently and increase your profits. With its intuitive interface and powerful features, it will make running your restaurant easier. Download it now.
Business Traction Masterclass Investor Funding Elevator
Use this PPT design to plot and track various metrics such as audience segments, monthly revenue over the years, profit margins, etc. Get it now.
Traction Business PPT PowerPoint Presentation Visual Aids Files
With professionally designed templates, creative graphics, and powerful tools, you'll be able to create an engaging presentation that packs a punch. So download this PowerPoint template and get plotting.
Traction Hard Traction PPT PowerPoint Presentation
Differentiate between soft and hard traction and present it to your audience with this creative PowerPoint set. It is completely editable and readable. Download it now.
12. Management Team
The management team for a business or company consists of senior managers who oversee the success and/or failure of an organization. It does not always consist of one person but rather a group of individuals.
Management roles vary from one company to another.
For example, the CEO of a company has many management roles, including recruiting talent to work for the company, setting salaries for all employees, dealing with stockholders, and providing direction for the company. The COO/CFO of a business also plays an important role in managing key decisions but does not have as much power as the CEO.
Management teams have a large impact on the success of an organization. They lead to higher profits, increased productivity, and greater influence.
A bad management team can, however, ruin a business's reputation, credibility, and financial stability. More often than not, it can lead to the failure of the company or organization. Therefore, it should be well-structured.
Business Plan Management Team Examples
Here are some business plan management team examples:
Management Team PowerPoint Presentation Slides
Present the layout of the management team with this PPT deck. It covers project introduction, selection criteria, recruiting plan, etc. Get it now.
Building Management Team PowerPoint Presentation Slides
This PPT theme covers performance tracking, budget, dashboards, etc. With easy-to-edit text boxes, you can tailor the presentation to fit your specific needs. Get it now.
Project Management Team Building PowerPoint Presentation Slides
This PowerPoint layout will teach you how to create and manage a project team so that you can achieve positive results. With its help, you'll be able to overcome any obstacle and reach your goals. Download it now.
Project Management Team PowerPoint Presentation Slides
This PPT deck comes with slides such as team structure, work breakdown structure, communication plan, financial planning, and more. Plus, our expertly designed graphics make it easy for you to streamline the process of project management from start to finish. Download it now.
Team Leader Management PowerPoint Presentation Slides
This PPT template is packed with information on how to be an effective team leader, from building trust to setting goals. It covers introduction, managing resources, taking care of yourself, etc. Download it now.
We all want to start a business. It sounds fun and easy. We get to choose what kind of work we're doing without any rules, so we are tempted to sign up there and then.
Unfortunately, there's some bad news: you can't just start a new company with nothing but dreams. Businesses cost money. And to get that money, you need to sell your idea to investors who will hopefully give you enough cash to turn your dreams into reality.
But there are certain questions that come into our mind when we think about acquiring funds and these are: what do these investors expect and how do I convince them that my company is worth their time and money? We use this section to answer your questions.
Writing the business plan will help you keep track of all of your ideas, which investors will want to see. You can also tailor it towards your audience, and add things like graphs and projections in financial terms if you're good at that kind of thing. To find the right investors, you need to know who they are and what they'll want to see — will this be a new technology?
What will your competition look like? Once your business plan is complete, you need to be patient while looking for the right investors. You can get them interested by sending it or having a business broker sell your plan on your behalf. Once the money starts coming in, just keep at it! The extra financial support could mean even more success than you imagined for your company.
Here are a few ways for perfecting your business plan:
- Your approach should be positive and confident while being humble. You can't make any big claims or showcase yourself as the greatest person alive. Investors want a good deal, not something they feel sorry for.
- Make sure your business plan has the basic information covered, like your company's name, mission statement, location, etc. You can get fancy with things like graphs of your financial projections with the following information
- overview of what you're selling
- how will it work?
- who's using this technology?
Once your business plan is complete, you can now use it to sell your ideas! .
Business Plan Funding Examples
Here are some business plan funding examples:
Funding PowerPoint Presentation Slides
Utilize this PPT theme to present a seed funding pitch to your investors. It includes company overview, problem, solution service, etc. Download it now.
Early Stage Funding PowerPoint Presentation Slides
Our PowerPoint layout is perfect for putting your best foot forward with data visualizations. Use it to elaborate on your business model, revenue streams, competitive analysis, and more. Get it now.
Business Idea Funding Proposal PowerPoint Presentation Slides
With the help of this PPT design, you can create an engaging and persuasive pitch that will wow the potential investors. It covers topics like the market opportunity, investment opportunity, SWOT analysis, etc. Employ it now.
Startup Funding Deck PowerPoint Presentation Slides
This PPT set has everything you need to pitch your startup, including slides for your elevator pitch, product service, value proposition, and more. Plus, it's 100% editable, so you can make it your own. Download it now.
Investor Pitch Deck PowerPoint Presentation Slides
With topics such as organizational structure, product/services, USP, competitive landscape, and marketing strategy, you'll be able to highlight the strengths of your business and persuade investors to put their money into your idea. Get it now.
Business financials are the documents that provide information about what the company owns, lows, and is owed. These documents are important because they show how profitable a business is.
Businesses use this information to make decisions about how to run their operations. For example, they might decide that buying equipment will increase the revenue if it costs less than the annual revenue.
The most common business financial documents are balance sheets, income statements , cash flow statements, and tax forms.
Such financial reports summarize how profitable a business is, what is the worth of its assets, and whether it has enough liquid capital to meet short-term obligations or not. They provide detailed accounts of how much money comes from the customers, what expenses were incurred in getting those customers, how much inventory was used in the process, and how much cash was tied up in finished goods while all of this was taking place.
Business financials aren't just a collection of facts. They provide key insights about a business's strategy. For example, a small company might be very profitable but have few assets compared to its sales revenue. This means that if it was sued, it would be very difficult for the plaintiffs to collect any damages. On the other hand, a big company might have lower margins but greater market power. So they are bound to enjoy bigger and better profits.
Business financial statements are prepared by accountants who follow a set of standards promulgated by the Financial Accounting Standards Board (FASB). Many companies also prepare internal financial reports according to International Accounting Standards (IAS), which are similar but more detailed.
Business Plan Financials Examples
Here are some examples of financial reports that can use:
Enterprise Financial Analysis PowerPoint Presentation Slides
With our PPT design, you'll be able to wow your audience with clear and concise data. It covers the P&L-KPIs, balance sheet, cash flow statement, etc. Download it now.
Financial Statement Analysis PowerPoint Presentation Slides
This PowerPoint theme provides a comprehensive overview of financial health, including key ratios, cash flow statement KPIs, and more. With slides for everything ranging from projections to key ratios, you'll be able to walk your audience through your findings in style. Get it now.
Financial Feasibility PowerPoint Presentation Slides
This easy-to-use PPT template provides all the financial data and charts you need to show your ideas in the best possible light. It covers topics related to legislation, environment, technology, etc. Download it now.
Financial Management PowerPoint Presentation Slides
This PowerPoint deck includes all the slides you need to plan and present your financial goals, objectives, and strategies. Plus, our time value of money parameters and valuation of bonds slides will help keep your audience focused on forex capital analysis. Download it now.
Financial Scheme PowerPoint Presentation Slides
This PPT layout comes with templates for outlining your proposal. From company profile and executive summary to market analysis and competitive landscape, everything is included in this presentation. So whether you're a new business or an existing one, having this financial report template is a must!
Business Plan Templates by Different Business Categories
The following section describes business plans on the basis of the nature of the company operations, such as the retailer, food, health, etc. With each description come five templates for use in those specific business plans that you can use!
1. Retailer Business Plan Templates
Business plans are difficult to write. We have done our best to include some simple and clean templates that will help you get started. Because when it comes to planning a business, having the right template is very important. We have gathered some of our favorites for you here. Choose the one that suits your business and industry, fill it in with relevant information and start sharing it!
Retailer Business Template Examples
Here are some of the examples for retailer business templates:
Retail Store Startup Business Plan
Our PowerPoint template includes layout designs, pricing strategies, and marketing plans so you can get your business off the ground. Download it now.
Retail Business Management PowerPoint Presentation Slides
This PPT theme will give you a better understanding of key drivers of retail growth, global trends in retail, and how to use information technology to power your business. You'll also learn about effective retail management techniques, how to understand your customers, and what the future holds for multi-channel retailing. Get it now.
Proposal For Starting Retail Business PowerPoint Presentation Slides
With our easy-to-follow PPT design, you'll be able to create a winning proposal that will impress any potential investors or partners. It covers project content, process, investment, etc. Download it now.
Retail Outlet Business Plan Proposal PowerPoint Presentation Slides
You can easily create an engaging and persuasive presentation that will convince your investors to fund your business idea. It covers attributes like the company overview, our past experience, statement of work and contract, etc. Download it now.
Retail Industry Business Plan for Start Up PowerPoint Presentation Slides
This comprehensive set of slides will guide you through every step of starting your own retail business — creating a market analysis to setting up your finances. It includes business models, financial plans, human resources, etc. Download it now.
2. Health Business Plan Templates
Many people consider starting a business for the first time, but not everyone knows how to get started. It's often difficult to know where you're going wrong when writing an effective business plan.
When you are trying to start your own health-related business, no matter what kind of industry you are in, it is vital to have an effective business plan.
Health business templates are specialized online applications that can assist you in developing your professional health website. They allow you to remove the time-wasting tasks of web design and focus on content creation for your site.
Business plan templates help guide you through the entire process and make it easier for you to work on your plan without worrying about forgetting anything or making mistakes that need to be corrected later.
Health business templates are used by businesses involved in the healthcare industry to manage their documents. There are many templates that can be used depending on the type of business or service you offer.
Health Business Template Examples
Here are some of the examples for health business templates:
Healthcare Management PowerPoint Presentation Slides
You can easily create detailed presentations on the health of your patients with this PPT design. It covers topics such as healthcare insurance firms, financial management, cost accounting, etc. Download it now.
Financial Planning in Healthcare PowerPoint Presentation Slides
This PowerPoint theme is designed to help you make the most of your financial planning efforts. It covers financial performance key trends, healthcare expenditure comparison, financing models, etc. Get it now.
Healthcare Data Management PowerPoint Template
Proper data management is critical, and our comprehensive deck will outline everything you need to know. This PowerPoint deck covers SWOT analysis, competitive analysis, strategies, etc. Download it now.
Healthcare Company Business Plan Template
This comprehensive PPT set provides all the tools you need to strengthen your security and keep your data safe. It covers healthcare challenges and solutions, company overview, KPIs, etc. Get it now.
Healthcare Administration PPT Template
This PPT deck covers the public health system, pharmaceutical industry, data collection, etc. Our slides are packed with powerful visuals and persuasive text to make a positive impact on your audience. Get it now.
3. Distributor Business Plan Templates
Distributors are a critical part of the supply chain. They play a crucial role in manufacturing and resale by providing customer service and delivery operations.
Distributor business plan templates allow a high level of standardized planning across various businesses with a range of product needs.
The business plan for a distributor must include information on how they will acquire inventory, which products they will sell and at what price, how they will deliver those items and the costs involved. Good distribution business plans also explain how they are better than their competitors and present market research evidence to back up their claim.
Distributor business plan templates can be adjusted for the length, but should provide standard information on operations, personnel, finances and marketing, among other things. They may also include additional slides that are appropriate for specific types of distributors.
Distributor Business Template Examples
Here are some of the examples for distributor business templates:
Shipping Process Business Plan PPT
Take the hassle out of shipping and make it easy to get your products to their destination with this PPT design. It covers the shipping process, purchased package and label, printing slip, etc. Download it now.
Distributor and Supplier Agreement Proposal PPT
This easy-to-use PowerPoint template will help you create a professional presentation that will make your proposal stand out. It includes introduction, appointment, representation, etc. Get it now.
Distributor Agreement Proposal PowerPoint Template
With our creative PPT set, you'll be able to outline your proposal and make a convincing case for why your company should be chosen as the exclusive distributor. It includes confidential information, general provisions, order, price, etc. Get it now.
Distributor Agreement Proposal Template
Present your proposal with this PPT deck with data such as duration and termination, next steps, responsibilities, etc, with this PPT deck. Just fill in your company information the details of the agreement, and present your proposal in a polished and professional way. Download it now.
Marketing Strategies for Whole Distributors PPT
Within this PPT layout are four strategies that will help you reach new heights as a whole distributor. It includes referral incentives, enlisting on industry directories, etc. Employ it now.
4. Food Business Plan Templates
If you are thinking about starting a small business or own one already, there are a few templates available online which can help you with your first steps.
A food business template is a tool which helps you in keeping track of the information needed for your new product or service. These templates come in specific forms with predefined fields to fill out, so you don't have to go through the process of creating one from scratch.
Food Business Template Examples
Here are some of the examples for food templates:
Business Pitch Deck PowerPoint Template
This business plan template contains introduction, company overview, target market analysis, etc. Our slides are designed to help you outline your business concept, market analysis, and financial forecasts in a clear and concise manner. Download it now.
Food Marketing Strategies Business PPT
This creative PowerPoint bundle will teach you everything you need to know about marketing your food products like a pro. It covers marketing strategies, plans, etc. Get it now.
Marketing Strategies for Food Business PPT
If you're looking to give your food business a boost, it is important to check out different marketing strategies. From social media to traditional advertising, this PPT theme can help get your name out there and increase sales. Get it now.
Food Startup Business PowerPoint Slides Design
With detailed slides on topics such as funding, marketing, and product development, you'll be ready to take your food business to the next level. So get started today and download this PowerPoint template!
Fast Food Restaurant Business PPT
With detailed information on everything from funding and marketing to production and distribution, this PPT bundle will provide you with all the information you need to make your food startup a success. Get it now.
5. Manufacturer Business Plan Templates
Many manufacturers struggle with finding a business plan template that fits their specific industry. Often times, generic business plans end up being either too high level or too specific without providing an adequate framework for assessing performance across all the critical processes.
Manufacturer business templates are intended to speed up this process and make it more effective.
Therefore, we offer you some business plan templates that can be used as a starting point for writing comprehensive business plans.
Manufacturer Business Template Examples
Here are some of the examples for manufacturer templates:
Manufacturing Planning PowerPoint Template
This PPT design provides you with the tools and resources you need to succeed. It includes everything from effective planning and organization to efficient marketing strategies. It also presents information on the CRM benefits for business organization, real estate industry, sales representatives, etc. Get it now.
Export Plan PPT Templates
This PowerPoint layout details of the export plan strategy by covering the key stages of preparation, major constituents, multistep export plan creation process, etc. Download it now.
Manufacturing Business Analysis PowerPoint Template
This PPT template covers the problem statement, business overview, performance analysis, etc. These slides are designed to help you visualize data and track progress. Download it now.
Automation in Manufacturing Business PPT
The PPT design is designed to help you make a persuasive case for automation. It covers current situation analysis, financial analysis, need for automation, etc. Get it now.
Covid Business Survive Business Plan Strategy
This comprehensive PPT deck helps you quickly adapt to the new reality that emerges stronger than ever. It covers the nature of the adopted strategies, economic impact, manufacturing industry, etc. Download it now.
6. Business Services Business Plan Templates
In the current economic climate, many people are unable to afford expensive building repairs, renovations and restoration work. In turn, this has seen a dramatic increase in the number of self-employed traders offering their services. If you've thought about providing such business services then our templates will give you a helping hand with all the aspects of your business.
Some questions that can be answered are: Do you need any equipment? How much will it cost? What about marketing materials?
What are the professional fees? If you'll be working in partnership or hiring staff, what will be the cost of it? Will you need an up-to-date public liability insurance policy?
These questions will require your attention as you go ahead in writing the business plan.
Business Services Template Examples
Here are some of the examples for business services templates:
One-Page Graphic Design Services Business Plan Template
Pitch a service proposal using this PPT preset infographic. Detail the scope of the proposal as well as the deliverables. Get it now.
One-Page Medical Care Services Business Plan
Promote your medical services using the PowerPoint design. It covers the benefits of choosing your medical institution over others. Download it now.
One-Page Media Service Business Plan Template
Introduce the canvas report by using this PPT layout. It covers the revenue split, business model canvas, etc. Download it now.
One-Page IT Services Consulting PPT Template
Present concise and definitive consulting agreement between the two parties with this PowerPoint template. Detail the payment, confidentiality, ownership, and more in it. Get it now.
One-Page Subscription Business Plan Template
This PPT theme uses an infographic design to summarize and communicate the cloud storage services. It details all the information of the company offering the service. Download it now.
7. Startup Business Plan Templates
Do you have a great idea for a new business but don't know how to structure it? Have you been working on your new business but unable to put all the pieces together? Well, this is where start-up business templates can help. They will help you determine how your business should look and have a full picture of all its components. If you think something is missing, you can add the information into these layouts without any problems or complicated procedures.
However, it is not too easy to plan your business ahead. It is a long and arduous process that can make you side-tracked and lose sight of what you're trying to achieve.
A good business plan template will, therefore, help you create a business plan that's both effective and concise so you can focus on the important parts and put together a powerful document that will get you a flying start.
There are various business plan templates available, so it's up to you to select the design that suits you the best!
Startup Template Examples
Here are some of the examples for startup templates.
Business Plan for Start Up
With on business model, financial projections, competitive analysis, and more, this PPT design is a must-have for any startup. Showcase your estimated funds requirements with this PowerPoint layout- showing that you're serious about taking your startup to the next level. Download it now.
Business Plan for New Company Template
With comprehensive information on organizational layout, market research, and financial data, you can confidently present your business plan to potential investors or clients. Get this PowerPoint preset now.
Startup Business Strategy PowerPoint Template
In this PPT template, we've got all the information you need to get started, including executive summary slides, market insights, what we offer, key financials, and more. Plus, our survival strategies for startup businesses will help you make the most of your strategy. Get it now.
Startup Business Process and Strategy PPT
This PowerPoint design contains everything you need to get your business off the ground, from market insights to financial data. Plus, our sleek design will make your presentation look professional and polished. Get it now.
Startup Business Plan PPT
This PowerPoint template covers all the information you need to make a strong case for your company, including target market data, financial predictions, and more. Our slides are designed to help you plan out your goals and deadlines, track progress, and much more. Download it now.
One-Page Business Plan Templates
A one page business plan is a great marketing tool for your small business, as it can help you save time and money while communicating your message to potential clients. Instead of focusing on unnecessary information that nobody cares about, you can focus on showing your offerings that make you different from others in the market.
A one page website is structured differently than most traditional websites. For example, the most important information appears first so viewers will know exactly what you can offer and how to contact you. Businesses often use a one-page website as an online landing page or to market themselves.
The one thing that nearly all entrepreneurs have in common is the need to present their ideas with a business plan. While this is not that necessary when you are starting, it becomes essential when you are seeking funding from venture capitalists or banks.
There are many advantages to using one page templates for your webpage. These include formatting the information you want to present more easily, increasing user convenience by eliminating clicks/navigation, making it easier for readers to navigate important information, etc.
Here are some of the examples of startup business templates to get you started:
1. One-Page Coffee Shop Business Plan PPT
Looking to start a coffee shop but don't know how? This PPT theme will help you get your business off the ground in no time! With easy-to-follow steps and a clear breakdown of what you'll need, you'll be able to create a winning business plan that's perfect for your coffee shop. Download it now.
2. One-Pager Real Estate Website Business Plan
Looking to start a real estate website business? This PPT preset is for you! It contains a business plan template, infographic, and PPT presentation that will help you market your business. Download it now.
3. One-Page Business Plan PowerPoint Template
With this document you will be able to provide a comprehensive view of your business. When it comes to nonprofit organizations, having a business plan can be the difference between success and failure. Thus, download it now.
4. One-Pager Real Estate Brokerage Business Plan PPT
This PowerPoint template is perfect for anyone looking to present a clear and concise overview of their real estate business plan. The template is easy to edit, and its visual appeal will help you impress your audience. Get it now.
5. One-Pager E-commerce Company Business Plan PPT
Utilize this PPT infographic to cover cost centers, profit centers, cost structure, and revenue streams. With its easy-to-read infographic style, you can quickly get your ideas across and start making new plans for your ecommerce company. Download it now.
Q.1: What is a business plan?
Answer: A business plan is a written document that describes in detail your company's future goals, how to reach them, and why your company is capable of reaching them.
Q.2: What are the components of a business plan?
Answer: A basic business plan is made of many sections, including an executive summary, product overview, market analysis and marketing strategy.
Q.3: What is the importance of a business plan?
Answer: The importance of a business plan is that it helps you understand all the details of your company. It allows business owners to make objective decisions using their experience, garner adequate attention and funds, showcase industry knowledge that they possess, and more.
Q.4: What are the elements of a business plan?
Answer: A business plan begins with an executive summary which outlines the purpose of the company. It also includes sections such as the introduction, market analysis (research on your competition and customers), financing information (how much money you're looking to raise and how you'll use it), marketing strategies, operations (how the company will run day-to-day) and management team bios.
Q.5: How many pages should be included in a business plan?
Answer: Aim for somewhere around 20 to 40 pages (that include the minutest of the details about your business).
Q.6: How do I write a simple business plan?
Answer: Start by writing a heading containing the name of your company. Then write a title saying what it does and how it compares with other ventures. If you are applying for business funding, also include information about the type of finance you are seeking.
A simple business plan should include:
- The title of your company
- The purpose of your business [what do you do?]
- Your products or services [how many and what?]
- Who is your target market [which product - attract]
- How your products or services are different from others [why is yours better?
- Financial projections for the next 3 years [how much money do you need?]
- A simple marketing plan [how will you sell more? Who will be your customers?
Q.7: When should a business plan be prepared?
Answer: A business plan is important to an organization no matter how early or late it is in its lifecycle. The simple answer is that businesses should always have plans, however, if they are just starting up, they need a more detailed form, and if they are already established, then they need a less formal version. In either case, a business plan is a necessary element to consider and develop.
If you want to build a ship, don't drum up the men to gather wood, divide the work and give orders. Instead, teach them to yearn for the vast and endless sea." - Antoine de Saint-Exupéry.
Business plan templates include all of the essential information that is needed to start a successful business, including sections on management structure and marketing plans. Professional business plan templates can be used to establish a new business, expand an existing one or create a new venture with online operations.
These are the best business plan templates for creating professional quality documentation to establish your business successfully. So download and start planning now!