A Guide to Cell Phone Signal Boosters

Poor cell phone reception continues to be a major problem…

Debt Busters: The Complete Guide to Getting out of Debt

When it comes to getting out from under the mountain…

The Key Elements of a Business Plan Layout Template

The Key Elements of a Business Plan Layout Template

Are you ready to create a winning business plan for your upcoming business venture?  Would you be interested in a business plan layout template to help you with this process—one that has proven time and time again to get results?  If so, you may find the following information very useful.  Here we will outline a simple business plan layout template that can help get you started with the task of creating a dynamic business plan that sells.

What is a Business Plan?

Put simply, a business plan is a written summary of how your business will operate and how it plans to generate income.  Common items in a business plan include a mission statement, a summary of employees and leadership, marketing strategies and financial forecasting.  History has proven that those who create a business plan prior to launching their business have a much higher success rate than those that skip this very essential step.

A Sample Business Plan Layout Template

According to the Small Business Administration, there are several areas you’ll want to address in your business plan.  Some of these include:

  • The type of business you plan to start and the business sector it fits into.  It is here that you will also include such items as your mission statement, short and long-term goals and objectives, some of the key personnel, advisors and leadership, and the legal structure of your business.
  • What makes your business unique?  This section is where you’ll want to include your “unique selling point,” along with any product testing you have accomplished thus far.
  • Marketing.  In this section you will outline each of your strategies for how you will compete with the competition.  This will include the type of client you plan to pursue, along with the anticipated demand for your product or service.
  • Financial forecasting.  Financial forecasting is perhaps the most important section of the business plan.  It is here you will estimate how soon your business will become profitable, which could in turn entice banks and investors to invest in your company.

Follow Zenedy