A corporate business plan for a large organization can be hundreds of pages long.
However, for a small business, it's best to keep the plan short and concise, especially if you intend to submit it to bankers or investors.
That best way to find out whether you do or not is to do your research and write a business plan to see if your idea is feasible.
The simple business plan template presented here will get you started.
Cons of using a business plan template: While there are benefits to using a business plan template, depending on your situation it may not be the best way to complete your plan. For instance, not only do you have to complete the financial spreadsheets, but you have to do the math yourself.
You’ll also have to know enough about the process to be sure you’re getting the numbers in the right place.The executive summary goes near the beginning of the plan but is written last.It provides a short, concise, and optimistic overview of your business that captures the reader's attention and creates a need to learn more.For more than 100 years, Deluxe Corporation has sought to create the tools that help shape our economy.Since 1915, Deluxe has recognized the vital role that small business plays in our communities, from job creation to business development.The executive summary should be no more than two pages long, with brief summaries of other sections of the plan.See How to Write the Executive Summary of the Business Plan to get you started.Enter your business information including the legal name, address, etc.If you already have a business logo you can add it at the top or bottom of the title page.Plus, it shows you the general layout of a standard business plan so you know what goes where and that you're not leaving out anything.A great business plan template will also provide instructions for each step of your plan and show you what an investor-ready and SBA-approved business plan should look like.