“Many new business owners aren’t aware of the lending requirements as they pertain to the state in which they will be based out of.
The online tool from Rocket Lawyer is very helpful, especially for those that need a business plan specifically for securing funding.” ~ Xavier Morales, Founder, Secure Your Trademark If you plan on approaching lenders to fund your business, there is nothing worse than going in unprepared.
Many entrepreneurs don’t know where to start when it comes to creating a business plan, which is why a template is a great option.
They offer structure and guidance, while remaining 100-percent customizable. Small Business Administration (SBA) has one of the best business plan templates available, and it is very thorough — which you would expect from one of the most trusted and respected small business resources.
The end result is a very professional looking business plan.” ~ John Fitch, Founder, The Fitch Law Firm You don’t want to rush your business plan — take time to perform proper research, and then go back to edit and complete each section when you are ready.
You can access the SBA business plan template here. four magic words entrepreneurs everywhere long to hear.There are also several industries to select from as a base, giving you a template that is specifically tailored to your needs.In order to download the business plan created, you will have to sign up for a trial subscription, but that can be cancelled if you don’t plan on using the service.With the help of some small business owners, I have put together a list of the best business plan templates available to download. “The thing I like best about this free business plan template is the fact that it lets you go back in and edit as needed, so you don’t have to have all of the information in front of you the first time you set out to tackle the task.Creating a well thought-out business plan requires research and planning, so the edit option comes in very handy.As one of the leading nonprofit organization devoted to helping business owners succeed, SCORE has created one of the best business plan templates because it is in-depth and customizable.It’s available in PDF or Microsoft Word format here.By presenting a potential lender with a business plan that meets your state requirements, you show that you have done your research — and this shows the financial institution that you are serious.You can select your state and start building your business plan using Rocket Lawyer’s template here.Some are available to use at no cost, while others require a nominal subscription fee.Whether you are pitching investors for a funding round, applying for a traditional small business loan, or self-funding, you need a rock-solid business plan to lay out your vision and map out the steps required to create a successful business.