If you want to start a business, the first step is to identify the type of business and its niche. After the feasibility of starting up a business has concluded, you will have a report on the amount of capital required to start up your business.
With the information in your hands, you will need to draw up a startup business plan that will list out the information that will help you kick start your objective. A startup business plan usually contains a lot of financial information with the mission and vision statements to identify the direction of the business when it is ready to go.
A start up business plan must be well thought out and listed out properly to allow the relevant parties to consider their support or input, like the banks for a business loan. There may be a need to obtain more than one business loan from more than one bank depending on the required capital.
A start up 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
* Owner’s name
* Owner’s investment (amount & percentage)
*Other investor’s name & investment amount
* Mission & Vision Statements
* Objective of business plan
* Capital Required
* Marketing Strategies
* Products and Services
* Manpower & resources
* Feasibility study & analysis
* Expected timeframe of plan
* Bank loans
* Loan Amount
Consider the attached sample template for your convenience.