A quick Google search will tell you: Cookie-cutter business plan templates are a dime a dozen. So how will you know what to expect from a custom business plan?
Unlike generic templates, a custom business plan is unique to your business. It allows you to dive deep into your business aspirations and goals. Whether that plan is used to attract investors or provide direction, it’s critical to the success of your organization.
A Custom Business Plan Should:
Be bank ready.
The contents aren’t the only important part of a custom business plan. Bankers see a lot of business plans every day. A custom plan should be professionally bound, appealing to the eye, and intuitive to navigate. Your custom business plan should make you stand out in a crowd – both visually and as a great business idea!
Be investor ready.
If your business needs startup capital, you need to impress investors. Put yourself in a position to succeed by with a custom business plan that illustrates exactly why your business will thrive. A well written investor plan should include competitive analysis, SWOT Analysis, and a 5 year financial model.
Meet regulatory requirements.
In many cases, custom business plans are used to gain state certification, approval, or even the right to work in the United States. Working with a professional business plan consultant to create your custom business plan can ensure that your plan outlines every detail to be compliant with your audience expectations.
Custom Business Plan Outline
Although the specific content and subsections of your custom business plan should remain unique, each business plan should cover 9 standard sections. The details and how your business plan is represented will vary based on your target audience, business goals, and industry.
The SBA recommends that a business plan include:
- Executive Summary: A description of your business.
- Company Description: Details what it is that you do.
- Organization and Management: An outline of your business structure and management.
- Market Analysis: A deep dive into industry research, the market, and your competitors.
- Services or Products: Details on the products or services that you’re offering.
- Marketing and Sales: How you plan to market your business and your sales strategy.
- Funding Request: How much money you’ll need to make your goals in the next three to five years.
- Financial Projections: A financial forecast and supporting information such as balance sheets.
- Appendix: An optional section that includes résumés and permits.
With Bargain Business Plan, you can plan for success.
Did you know that 8 out of 10 startup businesses fail every year? The primary cause is lack of capital. Lack of capital usually comes from not having a detailed business plan. With our team of MBA business plan writers, your business doesn’t have to be part of that statistic.
We’ll work with you to create a breakdown of your market, industry, and competition. Are you ready to plan for your future? Contact Bargain Business Plan today for a free consultation.