Writing A Business Development Plan

Capping your plan at 30 pages should be sufficient unless you need to include photos of products, equipment, logos, business premises or site plans, etc.Potential money lenders and investors want solid research and analysis, not long, wordy descriptions.The business plan template below is broken into sections as described in the table of contents.

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So, if you don’t already know what you’re doing with the numbers, the process of writing your business plan may not be that much easier with a template.

Finally, merging data from Excel spreadsheets into your Word document is harder than it looks.

A standard business plan consists of a single document divided into several sections including a description of the organization, the market research, competitive analysis, sales strategies, capital and labor requirements, and financial data.

The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground.

For a one-person, home-based consulting business the operating plan will be short and simple, but for a business such as a restaurant or a manufacturer that requires custom facilities, supply chains, specialized equipment, and multiple employees, the operating plan needs to be very detailed.

The Operating Plan Section of the Business Plan will provide you with additional information about your operating plan.

Pros of using a business plan template: A good business plan template can help you get your thoughts organized.

It can provide a guideline so you’re not stuck looking at a blank page trying to figure out where to start.

The executive summary goes near the beginning of the plan but is written last.

It provides a short, concise, and optimistic overview of your business that captures the reader's attention and creates a need to learn more.

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