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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