Plan Proposal Template Business Plan: Fill & Download for Free

I think you might find these tips useful:BUSINESS PLAN TEMPLATE-HOW TO WRITE BUSINESS PLANThere is also a free business plan template in the description, so that after a brief explanation you can go to the next phase and actually frame out your own business plan.Hope this helps!..

Forget the business plan. Just answer each of these headings:A) ProblemDefine the top three problems your customer hasB) SolutionGive one sentence describing your solution. Include at least three differentiating features your product will have.C) Unique Value Proposition (UVP)How are you at least 10% better than your competitors? Why are you different to the 50 other companies out there?D) Unfair AdvantageWhat do you have that can't be easily bought or copied?E) Customer SegmentsWho are your target customers?F) Key MetricsHow will you measure success? Sign ups? Views? Clicks? Subscriptions?G) ChannelsHow will you reach your target customers? Will you be using Facebook Ads, Google Ads, Affiliate marketing?H) Cost StructureHow much will you be paying to acquire a customer? How much are you paying to distribute the good/service?I) Revenue StreamsHow will you make money? Where do you expect to make your money? What is the lifetime value of your customers? What is your gross margin?

The advice provided by the other respondents is largely excellent, but some of it may appear contradictory at first blush. I don't want to rehash what's already been said, but I think taking a step back is in order.The good news is that there's no "right" way or "perfect" format. For that matter a great business plan in no way guarantees success. For that reason you should be wary of anyone who gets overly hung up on your business plan or its format. As several folks have noted, the numbers are guesstimates at best and no plan survives the real world for long.There are really only two reasons to write a business plan: (1) to examine, explore, and REFINE your vision of the business and (2) to COMMUNICATE that vision to partners or investors. The time you spend on your plan and the results of your efforts will vary depending upon your reason for writing it.REFINELet's face it, there's a lot involved in starting, running, and growing a successful business. Filling out a business plan template (or canvas) is really just a guided exercise in thinking of the various issues: market opportunity, customer acquisition, pricing, costs, operations, legal issues, etc. With so many things to focus on, it's all too easy to overlook some important component.The results don't always need to be fancy. You're writing this for yourself and simply making sure you've thought of every angle.Not every business needs a plan, or a very detailed one. Maybe you're copying an existing model, maybe it's very straightforward, or maybe you've already thought of everything.In short, don't spend any more money or time than necessary to understand the opportunity and how you'll make money chasing it.COMMUNICATEUnless you're raising money, very few people will ask for a business plan.Even those that ask for one, will seldom read the whole thing. This is one reason why seasoned entrepreneurs often say they're not worth writing. That said, some folks won't take you seriously unless you have one.Every angel investor or VC firm has something different they focus on: margins, operational constraints, market size, etc. You can get eviscerated in a meeting for a perceived weakness in one area while the folks at the next meeting praise you for your thinking in that same area. (That doesn't mean you shouldn't take the opportunity to make sure your thinking in that area can't be refined.)Most folks will read the first page or two of your business plan carefully and then jump to the section that interests them.If you are raising money, your business plan is an opportunity to put your best foot forward. It's worth making sure it is financially sound, communicates your vision, is well written/organized, and preempts the concerns investors are likely to raise.This sounds trite, but a business plan should be no longer than it needs to be. In some enterprises that can be quite long, but generally shorter is better.No two business plans are the same because no two businesses are the same. A section that's crucial to one firm may be just a short paragraph in yours.Business plans are generally very text-heavy with a few charts or spreadsheets. Keep it simple and make sure you've explained everything well. Don't assume readers will "know what you mean."I often think of a business plan as the second or third document to be circulated. You should have a short slide deck that covers, at a high level, the big picture story of your business. Leading with a business plan is generally too much information too soon.Two final thoughts. First, don't let "writing" your business plan get in the way of "starting" your business. It's merely a tool. Second, don't be afraid to change your plan to adapt to market conditions. That doesn't mean you should ignore your planning, but there's no reason to slavishly follow a plan written months ago when you only knew a tenth of what you know now.