Having a solid business plan is an important part of a business funding proposal package. Potential investors, lenders or venture capitalists would want to see your business plan, along with other supporting document like your marketing plan, and cash flow projections. Writing a business plan can be a time-consuming process. With a business plan template, you can greatly reduce the time needed to prepare an outstanding business plan.
Free Business Plan Templates
Business Plan Template and Prompts
This first business plan template from the US Small Business Administration is a great boilerplate business plan template. It includes helpful question prompts to make sure your plan includes all relevant information to guide your business objectives. For example, there are specific guidelines for tailoring the business plan template for new businesses, existing businesses or when applying for a loan. The PDF also links to automated business spreadsheet templates for budgets and forecasts.
Cut and Paste Business Plan Template
The following is a good bare bones business plan template for putting together a business plan quickly. If you already know what needs to go in your plan, this template will allow you to cut and paste.
Business Plan Template Cover
The cover of your business plan is the first thing a prospective funder will see, so making it memorable is important. Rather than make a perfunctory cover with bland graphics and a title that includes the words “business plan”, why not experiment with different layouts? Below you will find a clever business plan cover that essentially compresses the essential elements of your plan neatly and elegantly onto the first page. That way founders can take one glance at your document and say, “Yes!”
Business Plan Template Cover Letter
Last but not least: Do not forget you cover letter! Sending a business plan without a cover letter is like giving a gift with no card or wrapping. It lacks that special touch. Check out these tips on writing must read cover letters.
Creative Business Ideas
Of course, you can format your business plan to within an inch of its life, but if your idea is not a good one, then good luck raising capital from investors. If you are looking for inspiration in writing a proposal for a business idea, check out these outrageous business plans:
The Bottom Line on Business Plan Templates
Using a business plan template will help you reach your funding goals faster. Why reinvent the wheel when you can learn from the experts and create captivating, successful plans from the start? We hope these resources are helpful as you put together your business proposal package. Do you have your own tricks, tips or templates for putting together a winning business plan? Share your resources in the comments below!