No matter how small a business may be, it still requires a business plan as its guiding light. A simple business plan can work wonders for a small start up as it is guided by its mission and vision statements as direction to break through the competitive business world.
A simple business plan must be well thought out prior to putting it down on paper. It is usually drawn up to be submitted to financial institutions such as banks for a business loan, or to some affluent individuals to come on board as the company shareholders or directors. A simple business plan may also be presented to other businesses that may wish to be considered stakeholders in the company.
A simple business plan template should identify the mission and vision statements of the business with its clear objectives listed. It should list the capital and resources that will work the plan to success.
A simple business plan template is dependent on the set up and structure of the company. It can present the following types of information:
* Company Name & Address
* Mission & Vision Statements
* Objective of business plan
* Shareholders / Stakeholders
* Capital Required
* Marketing Strategies
* Products and Services
* Manpower & resources
* Feasibility study & analysis
* Expected timeframe of plan
The plan must be as comprehensive as possible to allow the relevant parties a serious and favorable decision to support it.
Consider the attached sample template for your convenience.