Consider capturing this in a simple table like the one below. HubSpot Tip: You can include photos or brochures of your products, but consider putting them in an appendix so that they do not interrupt the message in your narrative. Since your company is just starting, it is likely that you do not have many people on your staff. Describe the key operations and management roles in your company, and provide brief biographical sketches of your leadership.
The aim is to show to readers that your team has the skills and qualifications to implement what you have outlined in the business plan. If you receive advice from a board of directors or any high-level external advisors, mention them in this section. HubSpot Tip: The biographical sketches should include the educational credentials, relevant experience, and related accomplishments of your leaders. Consider personalizing your plan by including headshots of your staff.
In this section, you should describe how you will promote your new product or service. Begin by identifying challenges with entering the market and explain how you will overcome them.
You can use a table like the one below to outline the barriers and your solutions. How will it lead to profits for your business and investors? Will you hire a marketing manager? Note the budget for your marketing strategy and tell the reader how you will obtain the funding for this important aspect of your business. If you plan to use consultants or an advertising agency, include these costs in your budget. Describe the cost structure and financial aspects of the business.
Explain the kind and amount of investment that you need, what you will use the money for, and how you envision your business becoming profitable. Remember, your business plan is a living document, so even if you do not have all of this information at the startup stage, you can add it as your business matures.
Financial documentation is often long, so you should reference them here and include copies in an appendix. HubSpot Tip: Not everyone is an expert in finance, but it plays an important role in starting a business. Unless you have an accounting background, consider seeking assistance on this section of your plan.
Tell the reader how you will implement your business plan. Consider including a timeline like the one below to illustrate the steps in the process to getting your business up and running. Customize it with your dates and the specific steps you will take. HubSpot Tip: Set reasonable deadlines that you are able to meet, but that show your initiative and eagerness to realize your new venture.
In a few sentences, summarize the main point that you would like the reader to understand about your business. This can vary based on the target audience. For example, if you are presenting your plan to a bank to ask for a loan, this section should focus on your financial viability and why the bank should choose to finance your business.
Describe the next steps, and provide detailed contact information so that the reader can get in touch with you easily. HubSpot Tip: Your conclusion should incite the reader to act. Make it easy for them by including all of the information they need to move forward.
Want to provide additional detail but need to avoid making your business plan too long? You can insert documents in the Appendices and reference them in the text.
In this way, you can provide more information without breaking up the flow of your business plan text. HubSpot Tip: Consider including examples of your marketing materials, a map of the business location, background research, images of your products, resumes of company leaders, or financial documents in the appendices of your business plan. Log in Get started. App Marketplace Find HubSpot apps for the tools and software you use to run your business. Investors Investor Relations.
Business Templates Startup Business Plan. Back to Business Templates. Give me access. Template Highlights. Template Preview Preview the text content for this template. Executive Summary An executive summary is a crucial part of any business plan.
About the Company Describe what makes your company different. Market Analysis Before writing your business plan, you need to conduct research on the market and industry you are planning to enter. You should also define your target customers. Who will buy your product or service? Who are your major competitors? Identify and describe them. The Problem Describe the need in the market that your business idea will fill.
Our Solution Describe the products or services your business will provide. Organizational Structure Since your company is just starting, it is likely that you do not have many people on your staff. Sales and Marketing Strategy In this section, you should describe how you will promote your new product or service. Is it close to your customer base? Financial Plan Describe the cost structure and financial aspects of the business. Implementation Plan Tell the reader how you will implement your business plan.
Conclusion In a few sentences, summarize the main point that you would like the reader to understand about your business. Appendices Want to provide additional detail but need to avoid making your business plan too long?
How do I write a startup business plan? You can learn how to write a successful simple business plan here. Visit this free non-profit business plan template roundup or of you are looking for a business plan template by file type, visit our pages dedicated specifically to Microsoft Excel , Microsoft Word , and Adobe PDF business plan templates.
Read our articles offering free day business plan templates to find more tailored options. Below, we share tips you can use to help simplify the process of developing a startup business plan of your own. Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.
The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. Try Smartsheet for free, today. Get a Free Smartsheet Demo. In This Article. Startup Business Plan Template.
See how Smartsheet can help you be more effective. Lean Business Plan Template for Startups. Business Plan Outline Template for Startups. Startup Business Planning Template with Timeline. Business Plan Rubric Template for Startups. What to Include in a Startup Business Plan Whether you choose to use a template to develop your startup business plan or decide to write one from scratch, you need to include the following elements: An overview of your company and the industry in which it operates The problem you are solving and the proposed solution A description of your product or service offerings, including key features The existing alternatives that customers use and your competitive advantage The target customer segments and the channels you will use to reach them The cost structure and revenue streams associated with your business A financial plan, including sales and revenue projections ideally years If applicable, the financial requirements to get your business running, including how you will source and allocate funds Each of the following sections provides an example of a business plan that you can use for reference as you develop your own.
One-Page Lean Business Plan Example This Lean business plan example displays a visually appealing and scannable one-page illustration of a business plan. Startup Business Plan Sample This business plan sample contains all the aspects of a standard business plan. Use a business plan template, or begin with a business plan outline that provides all the elements of a standard plan to get your ideas down on paper in a structured manner.
You can choose from the selection of templates above. Compile the data you have gathered on your business and industry, including research on your target market and product or service offerings, details on the competitive landscape, and a financial plan that anticipates the next three to five years.
Use that information to fill in the sections of your plan outline. Get input and feedback from team members e. Make certain that the objectives of your plan align with marketing, sales, and financial goals to ensure that all team members are moving in the same direction. Although this section of the plan comes first, write the executive summary last to provide an overview of the key points in your business plan. Prepare a pitch deck for potential clients, partners, or investors with whom you plan to meet in order to share vital information about your business, including what sets you apart and the direction you are headed.
Be sure that your plan answers any common questions that investors may present, including the following: Who are the founders and management executives, and what relevant experience do they bring to the table?
What is the problem you are solving, and how is your solution better than what currently exists? What are the trends in your market, and how are you applying them to your business? Who are your direct competitors, and what is your competitive advantage?
What are the key features of your product or service that set it apart from alternative offerings, and what features do you plan to add in the future? What are the potential risks associated with your business, and how do you plan to address them?
How much money do you need to get your business running, and how do you plan to source it? With the money you source, how do you plan to use it to scale your business? Revisit and modify your plan on a regular basis as your goals and strategies evolve. Use a work collaboration tool that keeps key information across teams in one place, allows you to track plan progress, and captures updates in real time.
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