Business Plan Template for Small Business

Why choose our business plan template for small businesses?

The biggest challenge small business owners face when writing a business plan is worry—worry about whether the plan they create will meet their audience's standards or feel confused about where to start and what elements to include.

However, with our business plan template, you can leave the worry and confusion behind. This template is specially designed for small businesses, providing clear, step-by-step guidance to help you through the entire process.

It ensures you stay on track and create a complete, professional business plan that meets the expectations of your audience and ensures you feel confident as well as clear about every step.

Here's what makes the Bizplanr business plan template stand out:

Easy to use: You don't need an expert to create a business plan. With the user-friendly format, you can easily navigate the process and confidently create your business plan.

Customizable format: This template offers flexibility—if you need to edit or add elements, you can easily customize it to suit your specific needs and requirements.

Professional design: Whether you're creating a plan for a lender or a banker, this template features a professional design that ensures your business plan looks polished and investor-ready.

Step-by-step guidance: Each step comes with guidance to keep you on track, which allows you to create your business plan effortlessly.

Financial tools and projections: Built-in templates for easily creating budgets, forecasts, and financial statements. This makes it simple to generate financial projections, save your time, and ensure your business plan sounds financial well.

Zero cost: Bizplanr business templates cost you nothing. You just have to provide your email address, and you can easily download the complete business plan template free of cost.

What elements are included in this free business plan template?

Our business plan template includes everything a small business needs to create an effective plan. From introducing your company to the appendix section, this template covers everything, ensuring you can craft a business plan that meets your goals.

Importantly, this template isn't just about filling spaces with your information; it provides step-by-step guidance to help you as you create your business plan.

Here's some quick information about every section that is included in this template:

1) Executive summary

A business plan starts with an executive summary, which is a concise version of the entire plan, offering a quick overview of your business. While it serves as the introduction to your business plan, it's typically written after the rest of the plan is complete.

Here's what the executive summary section includes:

• Business Overview
• Mission Statement
• Product/Service Summary
• Market Opportunity Summary
• Traction Summary
• Next Steps
• Vision Statement
• Capital Request

2) Company overview

The company overview is where you can introduce your business, explain the problem you solve, and highlight the value your product or service offers.

It's an opportunity to make a strong impression on your stakeholders and showcase the unique benefits of what you provide. So, here's what this section includes:

• Location and legal structure
• Business model type
• Key owners
• Background history
• Goals and objectives

3) Market analysis and competition

What is the potential growth of your market? Who are your competitors? How well do you understand your market? These are the key questions that you have to answer in this section.

Hence, here's what this section is all about:

• Market size
• Growth potential
• Competitive analysis
• Your target audience
• Emerging trends
• Regulatory requirements

4) Product and services

Here, you detail what your business sells or its services, emphasising its unique features and benefits. This section should clearly articulate how these offerings solve customers' problems.

The key points covered in this section are:

• Product/Service description
• Features and benefits
• Pricing strategy
• Development or production process
• Future product/Service offerings

5) Marketing and sales strategy

The marketing and sales strategy outlines how you intend to attract and retain customers through various techniques and tactics. It should align with your overall business objectives.

This section covers:

• Marketing plan (e.g., social media, advertising, content strategy)
• Sales strategy (e.g., direct sales, partnerships, online sales)
• Customer acquisition and retention plans
• Pricing strategy
• Sales forecast

6) Operation and logistics plan

This section details the operational aspects of running the business, including production processes, day-to-day operations, supply chain management, and distribution strategies. It ensures that the business can deliver its products/services efficiently.

Here’s what this section includes:

• Operational workflow
• Supplier relationships
• Inventory management
• Partners and resources
• Equipment & tools used

7) Organization and management

The section talks about you (the owner of the business), directors, employees, and staffs. It’s a section where you showcase your team’s expertise, experience, and skills that will take your business towards your desire goal.

In this section the elements that included are:

• Organizational structure chart
• Leadership team and their backgrounds
• Key Roles and responsibilities
• Advisory board (if applicable)

8) Financial plan

This is one of the most crucial sections of your business plan, where even a small mistake can jeopardize your entire business idea. It’s where the numbers speak for themselves, requiring you to present key data, financial figures, and statements to win the confidence of your stakeholders.

Typically, this section should include several key financial statements, such as:

• Profit and loss statement (income statement)
• Balance sheet
• Purpose of the funds
• Future funding requirements (if any)
• Exit strategy

9) Appendix

It’s an last section of your business plan where you can include documents that support your business plan like certificates of your employees, resumes, legal documents, and market research data.

Get started with Bizplanr to write your business plan
With this, you’re ready to craft your business plan using a business plan template. You need to download the business plan template and get started. Enter a few pieces of information asked in templates, and your business plan is ready to impress.

However, writing a business plan can sometimes be challenging, and getting stuck along the way is easy. If that happens, try Bizplanr—an AI-powered business plan platform.

Simply answer a few questions, and it will guide you through wherever you’re stuck. Additionally, Bizplanr can help you create a complete business plan effortlessly by answering a series of tailored questions.

Try out and generate a free business plan today!