A lot of people go online to find free business plan samples to
"save time" so that they don't have to "do all the writing". My advice
is watch out.Your plan is supposed to be your plan! My experience with
the pre-written plans is that most people get lazy with them. After they
cut and paste their business name in and do a little customizing of the
first few pages, they tend to skip changing the rest. This defeats the
purpose of doing a business plan in the first place which is to help you
plan (it's in the name, right?) how your business is going to operate
successfully.
If you cut out the planning stage and don't figure out how your business is going to make it, you really hurt your chances of that happening.Another big problem with prewritten plans is people forget to take out some stuff that doesn't apply. Then, inevitably, at a presentation or meeting they get asked about it.
The products and services: This section of the free sample business plan is a detailed description of what product and/or service is offered. Specifics in this part of the free sample business plan are the key. For example, instead of the free sample business plan reading "ABC offers clothing", the plan would state, "AMC offers designer children's clothing for children ages birth to 8 years old at highly discounted prices".
Market: This section of the sample plan will analyze (both informally and formally) the targeted market, if it is a niche market, and what community need the company will fill. At this point in the plan, you should use statistics, percentages, and detailed figures to support your statements.
Financial & Budgetary Analysis: The financial & budgetary analysis section of the sample plan will be an outline of profits, income, and expenditures of an organization already in existence. As a business just starting out, the section will be projected costs and expenditures, as well as profit projections. This is a great way for a business person to assess and visualize the venture is worth it. In other words, if it will not cost more to get started/operate than the money it will bring in.Company Highlights: The free sample business plan will also include a section for you to look at that will have miscellaneous highlights of the company. The free sample business plan will list such highlights as: a mission statement; value statement; keys for success; desired outcomes; etc. All will show and prove why and how the business will be profitable.
Table of Contents and Index: The table of contents will guide you through the plan to find exactly what you are looking for. This is both visually appealing for the plan, and will help those looking at your plan (potential investors, banks, partners, etc.) move through it easily.There are a wide variety of sample plans for you to look at online for most any type of business (both start up and already in existence). You will find free samples, as well as some offered to you for a small fee. A plan for business is a necessity in the business world. It will help you to outline your present tasks and your future ventures.
If you cut out the planning stage and don't figure out how your business is going to make it, you really hurt your chances of that happening.Another big problem with prewritten plans is people forget to take out some stuff that doesn't apply. Then, inevitably, at a presentation or meeting they get asked about it.
The products and services: This section of the free sample business plan is a detailed description of what product and/or service is offered. Specifics in this part of the free sample business plan are the key. For example, instead of the free sample business plan reading "ABC offers clothing", the plan would state, "AMC offers designer children's clothing for children ages birth to 8 years old at highly discounted prices".
Market: This section of the sample plan will analyze (both informally and formally) the targeted market, if it is a niche market, and what community need the company will fill. At this point in the plan, you should use statistics, percentages, and detailed figures to support your statements.
Financial & Budgetary Analysis: The financial & budgetary analysis section of the sample plan will be an outline of profits, income, and expenditures of an organization already in existence. As a business just starting out, the section will be projected costs and expenditures, as well as profit projections. This is a great way for a business person to assess and visualize the venture is worth it. In other words, if it will not cost more to get started/operate than the money it will bring in.Company Highlights: The free sample business plan will also include a section for you to look at that will have miscellaneous highlights of the company. The free sample business plan will list such highlights as: a mission statement; value statement; keys for success; desired outcomes; etc. All will show and prove why and how the business will be profitable.
Table of Contents and Index: The table of contents will guide you through the plan to find exactly what you are looking for. This is both visually appealing for the plan, and will help those looking at your plan (potential investors, banks, partners, etc.) move through it easily.There are a wide variety of sample plans for you to look at online for most any type of business (both start up and already in existence). You will find free samples, as well as some offered to you for a small fee. A plan for business is a necessity in the business world. It will help you to outline your present tasks and your future ventures.
