Potential money lenders and investors want solid research and analysis, not long, wordy descriptions.
The business plan template below is broken into sections as described in the table of contents.
See what your business plan should include As a development bank, BDC has been working with entrepreneurs for over 65 years to develop business plans that help them succeed.
Our business plan template is designed to allow you to prepare a professional plan, and take your business to the next level toward growth and success.
Our free business plan template is part of a kit put together to help you define who you are, describe your business, and document how you will be profitable.
Your business plan is not only a necessity when seeking financing for your project, it is a recognized management tool that outlines exactly what your company will do and how it plans to succeed.
The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground.
Pros of using a business plan template: A good business plan template can help you get your thoughts organized.
The result became this 8-page, fill-in-the-blank business plan, which has stood the test of time, with only minor revisions in the marketing section.
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.