In the business plan outline below, you will see the ten (10) sections common to business plans, and the twenty-three (23) sub-sections you must complete.
Also, to help you out, here is my proven business plan template, that allows you to quickly and easily complete all the sections of your business plan.
One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan.
Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business.
Section III - Industry Analysis Your Industry Analysis section has two sub-sections as follows: 3 - Market Overview The Market Overview section discusses the size and characteristics of your market.
For example, if you are a restaurant, you would include the size of the restaurant market, a brief discussion of sectors (e.g., fast food versus fine dining) and market trends.
If you don't want the table to be editable in Word, you can "Paste as a Picture" using Paste Special or by choosing the "Picture" option when you right-click in Word to paste the table.
This will typically paste the data as a formatted and editable table in Word, though none of the formulas will be functional within Word (and the table will not be linked to Excel).
It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.
It is best to use Excel for financial statements, data tables and charts.
So, we have provided a companion Excel workbook with these sample financial statements and other tables and graphs that you can copy and paste into your Word document.
The companion workbook combines many of the different spreadsheets you can find on Vertex42.com, but customized specifically for inclusion in a business plan.