A Free Small Business Plan
Outline
Sometimes when you sit down to write a
business plan, whether for your home based business or a more
traditional small business, you can become a bit overwhelmed. Writing a
business plan is not so complicated, but the emotion involved in
starting a business or asking for a loan can make a mostly simple task
stressful. After all, in many cases a home business entrepreneur is
embarking on an endeavor that they have never tried before and one that they
hope will change their life for the better! Of course you want to do it
correctly. There really is no hard and fast rule for writing a business
plan but the outline on this page can show you one very good way to do
it. This free business plan outline is what the United States Small
Business Administration offers as an example for writing business plans.
This outline is
a really great example of the kind of information a bank or investor would look
for before making a loan or investing in your business idea.
Elements of a Business Plan
1. Cover sheet
2. Statement of purpose
3. Table of contents
I. The Business
A. Description of business
B. Marketing
C. Competition
D. Operating procedures
E. Personnel
F. Business insurance
II. Financial Data
A. Loan applications
B. Capital equipment and supply list
C. Balance sheet
D. Breakeven analysis
E. Pro-forma income projections (profit & loss statements)
Three-year summary
Detail by month, first year
Detail by quarters, second and third years
Assumptions upon which projections were based
F. Pro-forma cash flow
III. Supporting Documents
Tax returns of principals for last three years Personal financial
statement (all banks have these forms)
For franchised businesses, a copy of franchise contract and all
supporting documents provided by the franchisor
Copy of proposed lease or purchase agreement for building space
Copy of licenses and other legal documents
Copy of resumes of all principals
Copies of letters of intent from suppliers, etc.
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