A business plan is a roadmap for your success in business. If you want to run a successful business venture, creating a well-planned business plan is extremely important. A free business plan template gives you an option to begin documenting your business plan easily without much headache.
Starting a business is not easy. It requires a lot of planning and dedication. And herein lies the importance of having a business plan. When crafted correctly and thoroughly, a business plan document not only puts you on track to proper growth and effective strategies but becomes the all-important tool for pitching for funding to potential investors.
What is a business plan?
A business plan is a document that carries your written business goals, ways to achieve them and also mentions the time frame within which you intend to achieve the business goals.
A start-up business venture often commits the mistake of sourcing people, the amount of investment needed, profit margin estimation, selecting target customers, etc. Most of these problems can be considerably reduced if you create a properly planned business plan.
The business plan generally projects 3-5 years ahead and outlines the route a company intends to take to reach its yearly milestones, including revenue projections. According to your need, you can create two types of business plans.
One is a simple business plan, normally one page or two-page document, and a comprehensive business plan providing an in-depth analysis regarding funding, market analysis, organizational planning, etc.
And the other is a much more detailed business plan document for bigger ventures. It can be 100 or pages long.
Here we have compiled top free business plan template download sources that will help you in creating your desired business plan.
List of Top 10 Places to Find Free Business Plan Template
1. Score’s Free Business Plan Template
Score is an American nonprofit organization. They provide actionable inputs for startups to launch and run a business venture.
The Score business plan template is available in pdf and word format. The basic template is a general one. However, you can modify it according to your requirements.
To get a complete business plan for your venture, you have to finish 11 worksheets. One additional advantage with Score is that you contact a Score mentor in person or online for further inputs.
2. U.S. Small Business Administration Business Plan Template
SBA’s Business Plan Tool provides you with a step-by-step guide to help you get started. All of your information entered into this tool can only be viewed by accessing your account using the password you have specified.
Not only can you save your plan as a PDF file, but you can also update it at any time, making this a living plan to which you can often refer.
3. My Own Institute Business Plans from Santa Clara University
This startup mentoring initiative is powered by the Center for Entrepreneurship and Innovation at the Leavey School of Business.
You can download my own institute free business plans one by one in Microsoft word or all the templates in one go in Doc format.
4. The $100 Startup’s One-Page Business Plan Template
This one-Page Business Plan is offered by the $100 Startup, a New York Times and Wall Street Journal Bestseller. As a matter of fact, the $100 Startup is famous for its bestseller $100 Startup book.
This free business plan template covers a detailed business overview in finances, marketing, etc.
5. Oprah One-Page Business Plan Templates
Oprah’s one-page business plan mainly caters to women entrepreneurs. However, anyone can use this template.
The one-page free business plan template Oprah suits three kinds of business ventures. They are consulting businesses, boutique clothing companies, and non-profit organizations.
6. LawDepot’s Business Plan Templates
You can download LawDepot’s free business plan template free with a trial subscription. However, if you don’t want to continue you need to cancel it within a week.
The process of creating a business plan with LawDepot is simple. You need to answer a few questions regarding the business and get your downloadable business plan within a few minutes.
More Notable Free Business Plans Available for Free Download
7. vFinance Inc. Business Plan Templates
vFinance, a global financial service firm offers a free business plan template that you can download as a Word or ZIP file. After finishing the business plan, you can submit your business plan for a free review and post it on their website.
More than 100,000 angel investors, venture capital firms, and mergers can find you from their website.
8. Invoiceberry Free Business Template
Invoiceberry, the U.K. online invoicing software brand offers free business plan templates in .docx, .odt, .xlsx, and .pptx formats.
You can download the template provided you don’t mind liking it on Facebook, give it a +1 on Google+, or give it your email address.
9. RocketLawyer’s Free Business Plan Template by State
Their business plan templates are aimed to suit funding requirements.
Rocket Lawyer’s Business Plan will help you create a blueprint not only for your business but a pitch for funding documents for investors as well.
10. Pandadoc Startup Business Plan Templates
Pandadoc is another popular addition to our list of free downloadable business plan templates providing platform It is essentially a simple business plan template covering executive summary, market summary, financial projections, etc.
Choose the free business plan template which suits your business format most and start your own venture.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.