You want your plan to be a useful tool for starting a business—and getting funding if you need it.
One of the key benefits of writing a business plan is simply going to through the process.
For example, if you want to start a vegetarian restaurant, a plan for a steakhouse can be a great match.
While the specifics of your actual startup will differ, the elements you'd want to include in your restaurant's business plan are likely to be very similar.
Bplans offers more than 500 free sample business plans in a wide variety of industries.
If you're looking for a tool to walk you through writing your own business plan step by step, we recommend Live Plan, especially if you're seeking a bank loan or outside investment and need to use an SBA-approved format.Every startup and small business is unique, so you'll want to avoid copying a sample plan word for word.It just won't be as helpful, since each business is unique.But there are several compelling reasons to consider writing a business plan, even if you don’t need funding.If you’re looking for a structured way to lay out your thoughts and ideas, and to share those ideas with people who can have a big impact on your success, a business plan is an excellent starting point.Think about business planning as something you do often, rather than a document you create once and never look at again.If you take the time to write a plan that really fits your own company, it will be a better, more useful tool to grow your business.How do you know what elements need to be included in your business plan, especially if you've never written one before?Looking at examples can help you visualize what a full, traditional plan looks like, so you know what you're aiming for before you get started.When you sit down to write, you'll naturally think through important pieces, like your startup costs, your target market, and any market analysis or research you'll need to do to be successful.You'll also look at where you stand among your competition (and everyone has competition), and lay out your goals and the milestones you'll need to meet.