The standard financial forms include the personal financial statement, the balance sheet, the income statement and the cash flow statement. Business Plan Outline The following pages provide a suggested outline of the material to be included in your business plan.
You can then implement changes that will give you a competitive edge and make your business more profitable. They reflect the activity of your business in the past. It is now incredibly easy and cost-effective to come up with a small business plan, all in one day. Supporting Documents The supporting documents of the financial plan are those that place merit into your financial figures.
Or click any section below the main heading titles. You will notice, however, that sometimes we include links to these products and services in the articles. Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows.
Copy number of the plan. While it takes a lot of work to complete a business plan outline, it is good work, and it is worth it in the end. What service do you hope you can provide for others, given the skill set that you possess and hone?
Each one also contains a marketing plan and executive summary template. In addition, the template includes a SWOT analysis and optional technology plan.
Month and year your plan was prepared. Your plan will have you ready to start, grow and succeed in your new business. Ultimately the answer to this question depends on you. Regardless of the purpose, having templates at the ready can be helpful. Writing business plans means writing your future.
This is a key section if you are seeking funding. Any funder worth his or her salt wants to see it right off the bat. This section of the business plan is the quantitative interpretation of everything you stated in the organizational and marketing plans.
Follow the examples in each section. Then, you will find a complete overview of what you need to include, mistakes to avoid, and important considerations.
Liquidity Analysis net working capital, current ratio, quick ratio Profitability Analysis gross profit margin, operating profit margin, net profit margin Debt Ratios debt to assets, debt to equity Measures of Investment return on investment Vertical financial statement analysis shows relationship of components in a single financial statement Horizontal financial statement analysis percentage analysis of the increases and decreases in the items on comparative financial statement Business Financial History This is a summary of financial information about your company from its start to the present.
The automated business plan financial projections also help you answer questions using a fill-in-the-blank worksheet. It can be expressed in: Your executive summary depends on what type of business you are.
Insurance What kinds of insurance will you carry? You can do it.
You can also download a filled-in version to use as a reference. Back Up your statement with supporting data. Project future needs for adding employees.
All agreements currently in force between your company and a leasing agency, mortgage company or other agency. Many experts describe this as the most critical step of the entire process.
If you are seeking a lender or investor: You can also follow the step-by-step guide that will add a fresh dose of energy to your vocabulary, revolutionizing the way people see your plan.The company description section of your business plan is typically the second section, coming after the executive summary.
The company description outlines vital details about your company, such as where you are located, how large the company is, what you do and what you hope to accomplish.
1 BUSINESS PLAN OUTLINE Use the following outline to summarize your business planning decisions.
Title each section of your written plan as indicated in the outline. Write, in your own words. The business financial plan commonly appears in the overall business plan for a small business.
However, the financial plan is a self-supporting document intended to support and direct the actions. We would like to show you a description here but the site won’t allow us.
Learn About Small Business Plans. Use the business plan shortcut buttons above to get detailed information, templates and outlines for each section. You’ll find it easy to create an effective yet simple business plan.
What If I Don’t Have Time To Create a Small Business Plan Outline? If you want to save yourself time and money. The Refining the Plan resource that comes with it is helpful, especially if this is your first crack at writing a business plan.
2. U.S. Small Business Administration Business Plan .Download