2 page business plan template
Having a road map helps you reach your journey's end successfully. Business plans do the same for small businesses. They lay out the milestones you need to reach on your way to building a profitable small business. From finance to marketing, operations to sales, each part of a business plan helps you reach your goals. What deters most entrepreneurs from creating a business plan, however, is taking the time to write it all out.
Single Page Business Plan Template
Having a business plan is a must , whether your goal is to start a one-person freelancing business or a multi-million dollar enterprise.
A quick and easy one-page business plan templates can get you started. Lenders and investors will require you to provide more in-depth information in the plan such as:. Keep in mind that a business plan is a living document and you can always start with a one-page plan and enlarge it with additional detail as required. You may be able to articulate the business overview, vision , objectives, and concise action items in a single page, but you might want more detail in the financial and marketing sections.
For a one-page plan, the answers to questions should be one or two sentences. This section should articulate your hopes and dreams for the business. You can write a vision statement. For example:. How do you plan to grow the business and to what degree? For example, will you hire employees, open up branch outlets, or take the business public? The business overview or mission should describe how you intend to achieve your vision.
What is your target market — who will buy your services? How will your service offerings address the needs of customers, for example, what is your unique selling proposition?
The pricing strategy section needs to demonstrate how your business will be profitable. Summarize your projected revenue and expenses:. Briefly describe how your pricing will be competitive enough to attract customers but be high enough to generate a profit after subtracting expenses. This section describes how you intend to get the word out to customers about your services.
What are the most efficient ways to market your services? For example, will you market them via a business website , email, social media , or newspapers? Will you use sales promotional methods such as pricing discounts for new customers? What marketing materials will be used — business cards , flyers, or brochures? This section lists your objectives and metrics for success by time frame, as well as potential questions or challenges.
Briefly describe the action items needed to achieve your objectives, using milestone dates. By "date" a fully-equipped home office will be completed. By "date" business licenses and insurance acquired. By "date" launch business website with description of services and price list. By "date" social media marketing plan in place and potential customers connected via Facebook and LinkedIn.
By "date" subscribed to cloud-based accounting software and setup customer invoice templates. If landscaping services cannot be delivered due to bad weather, look into providing other services such as snow clearing or tree pruning. This template is suitable for businesses that sell products, such as food services, beauty products, and bike shops.
For example, do you plan to hire employees, open up a second restaurant or manufacturing plant, purchase new equipment and machinery to increase productivity, or go public and sell shares on a stock exchange?
What is your target market — who will buy your products? How will you sell your products — online or storefront? How will you deliver your products? For example, will they be shipped, sold over the counter, or delivered personally? Demonstrate how your business will be profitable by summarizing your projected revenue from product sales minus your expenses:. Briefly describe how your product quality and competitive pricing will lure customers from rival businesses but be sufficient to generate a profit after subtracting manufacturing costs and expenses.
How will you advertise your products to attract customers? For example through a storefront, business website , email, social media , or newspapers. Will you use sales promotional methods such as free samples, product demonstrations, and price discounts? List your objectives and metrics for success by time frame, as well as potential questions or challenges.
List any obstacles that may prevent you from achieving your objectives, for example:. By "date" business premises chosen and lease signed. By "date" contracts with suppliers and wholesalers negotiated and signed. By "date" qualified employee hired. By "date" launch business website with description of products and price list. List any obstacles or concerns and how you intend to overcome them. In case wholesale supplier A is unable to deliver sufficient product, sign contracts with backup suppliers.
Be prepared to delay opening if renovations to the premises are not completed on time, or open and continue construction after business hours. Small Business Business Plans. Full Bio Follow Twitter. She has run an IT consulting firm and designed and presented courses on how to promote small businesses. Read The Balance's editorial policies. What is the need for your product or service? What is your competition and how will you differentiate yourself in the marketplace? How will you market your business?
How will you get started? For example: What are you building? What do you see this business becoming in x years? Do you eventually plan to sell the business for profit or to provide money for your retirement? Business Overview or Mission The business overview or mission should describe how you intend to achieve your vision.
For example: What services will you provide? How will you provide your services? Will you offer your services online, through your home business , or at a business location? Pricing Strategy The pricing strategy section needs to demonstrate how your business will be profitable. Summarize your projected revenue and expenses: How much will you charge for your services?
Consider breakeven analysis and pricing strategies. Advertising and Promotion This section describes how you intend to get the word out to customers about your services.
For example: What are the most efficient ways to market your services? What about referrals? Objectives This section lists your objectives and metrics for success by time frame, as well as potential questions or challenges.
Action Plans Briefly describe the action items needed to achieve your objectives, using milestone dates. By "date" purchase of delivery van negotiated with dealer.
Describe possible solutions for any potential obstacles: If landscaping services cannot be delivered due to bad weather, look into providing other services such as snow clearing or tree pruning. For example: What is your grand plan and what do you see this business becoming? Do you eventually plan to sell the business, or retire and have your children take over?
For example: What products will you be selling? How will your product offerings address the needs of customers? Pricing Strategy Demonstrate how your business will be profitable by summarizing your projected revenue from product sales minus your expenses: How much will you charge for your products?
Advertising and Promotion Briefly outline the marketing plan for your products: How will you advertise your products to attract customers? What about customer feedback with digital or printed surveys, social media, and referrals?
Objectives List your objectives and metrics for success by time frame, as well as potential questions or challenges. For example: Sell units of product by year end. Gain two major customers within the first six months of operation. Continue Reading. Demonstrate how your business will be profitable by summarizing your projected revenue from product sales minus your expenses: How much will you charge for your products?
Briefly outline the marketing plan for your products: How will you advertise your products to attract customers?
business plan templates can be useful but often involve some type of fee or 2. Business Model. What will you charge? How will you get paid? How else will. Why reinvent the wheel? Get a professional business-plan template at no cost. 2. U.S. Small Business Administration Business Plan Engine. The SBA's template is The $ Startup's One-Page Business Plan. Who said a.
Having a business plan is a must , whether your goal is to start a one-person freelancing business or a multi-million dollar enterprise. A quick and easy one-page business plan templates can get you started. Lenders and investors will require you to provide more in-depth information in the plan such as:.
The age of the page plan has passed and has been replaced with the character attention span.
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Business Plan Templates
Writing a traditional business plan can seem like a daunting task, and lots of entrepreneurs avoid it for this reason. An easy way to start is with just one page. The one page business plan is a simplified version of traditional operational plans that focuses on the core aspects of your business. While it may be a shorter business plan, it still follows the structure of a standard business plan template and serves as a beefed-up pitch document. The only real possible difference is that a single-page plan must absolutely fit on one page in a font 11 or 12 pt type that most people can still read.
Small Business and Startups: The 3-Page Business Plan (and a short post to match!)
This is a post from a member of the Freelancers Union community. In business school this is the traditional business plan model I was taught. But for the freelancer in the digital age, these monster documents have become less relevant. You can create a simple two-page business plan for your freelancing business by considering these questions. Freelancers can do many different things. You can be a freelance artist, a freelance consultant, a freelance writer, designer, producer, filmmaker, wedding planner, photographer - the possibilities are endless. But in your business plan, rather than defining what you do, drill down on exactly what problem you solve. Defining your dream clients will help you create a brand so compelling to those people that they are drawn to you like a moth to a light. This part of your business plan needs to be ultra specific. Get down to the nitty gritty.
In fact, a one-page business plan can often be better and more powerful than a traditional plan.
Think you have a great idea for a business? The simple business plan template presented here will get you started.
How to create a simple 2-page business plan
Need Financial Projections for Your Plan? Ideal for a business plan, strategic planning, cash flow forecasting, raising finance, budgeting and financial appraisals. The preparation of a written business plan is not the end-result of the planning process. The realization of that plan is the ultimate goal. However, the writing of the plan is an important intermediate stage - fail to plan can mean plan to fail. For an established business it demonstrates that careful consideration has been given to the business's development, and for a startup it shows that the entrepreneur has done his or her homework. A formal business plan is just as important for an established business, irrespective of its size, as it is for a startup. It serves four critical functions as follows:. Just as no two businesses are alike, so also with business plans. As some issues in a plan will be more relevant to some businesses than to others, it is important to tailor a plan's contents to suit individual circumstances. Nonetheless, most plans follow a well-tried and tested structure and general advice on preparing a plan is universally applicable. A business plan should be a realistic view of the expectations and long-term objectives for an established business or new venture. It provides the framework within which it must operate and, ultimately, succeed or fail.
Business Plan Template for a Startup Business
Are you an entrepreneur looking to download a free business plan? If so, you have come to the right place. Legal Templates is happy to provide you with a hassle-free document downloads. Click the links below to download 1 a blank document, and 2 a document that is filled in for you to reference. Download blank Business Plan template Word. Download a Business Plan with sample text Word.
