The eight-chapter template explains what information needs to go in each section and why.
With Panda Doc, you can sign up for a 14-day free trial and then gain access to its templates.
Plans are for Word, Excel, Open Office and Power Point, and can be downloaded directly from the website.
They also provide a business plan checklist to ensure you're including all the right information.
MOBI, or My Own Business Institute, is part of Santa Clara University's Center for Innovation and Entrepreneurship.
They offer a business plan template consisting of 15 sections that include the business profile, licenses/permits and location. MOBI provides helpful suggestions for how to fill in each section as well who should review it.Each section includes instructions explaining the type of information you should enter.In addition, the template includes a SWOT analysis and optional technology plan.But there are cons with free business plan templates. Check out our best picks.] "The process of writing a business plan lets you personally find the kinks in your business and work them out.Now, starting with an online template is a good start, but it needs to be reviewed and targeted to your market," said Attiyya Atkins, found of ."Downloadable business plans may have dated market prices, making the budget inaccurate.If you're looking to get money from investors, you need a customized business plan with zero errors." Janil Jean, head of overseas operations at said that free templates offer limited customization (such as company name, some text, etc.) and are used by a ton of people, so chances are, if you are using that to secure funds, investors might be tired of seeing the same business plan format.The benefit of paying for business plan templates, or paying for having your business plan reviewed, is the accuracy of information and customization."Your audience gets thousands of applications per day.If you're looking for information to help you choose the one that's right for you, use the questionnaire below to have our sister site, Buyer Zone, provide you with information from a variety of vendors for free: The Balance's business plan template is broken down into sections that will aid you in completing the best possible business plan, whether you are creating it for funding or strategy.According to the website, each section can be copied into Word, Excel or a similar word-processing app by simply copying and pasting the text.