There’s this oldschool idea that business plans need to be ultra-dense, complex documents the size of a doorstop because that’s how you convey how serious you are about your company. Complexity and length for complexity and length’s sake is almost never a good idea, especially when it comes to writing a business plan. If your chief goal is using your business plan to secure investment capital, then it means you intend on getting it in front of an investor. Instead, they’re looking for you to get your point across as quickly and clearly as possible so they can skim your plan and get to the most salient parts to determine whether or not they think your opportunity is worth pursuing (or at the very least initiating further discussions).
You should be able to refine all of the key value points that investors look for to 15-20 pages (not including appendices where you will detail your financials).
In fact, we’re using subheaders right now in this section for that very purpose!
Limit your plan to two typefaces (one for headings and one for body copy and subheadings, for example) that you can find in a standard text editor like Microsoft Word or Google Docs.
Your business plan is made up of several key sections, like chapters in a book.
Whenever you begin a section (“Traction”, for example) you’ll want to signify it using a header so that your reader immediately knows what to expect from the content that follows.It can also help to convince customers, suppliers and potential employees to support you. Now you need to write an equally killer business plan.You fire up your computer, open a Google doc, and stare at the blank page for several minutes before it suddenly dawns on you that, And you certainly wouldn’t be the first!For most founders, writing a business plan feels like the startup equivalent of homework.Download a free business plan template on The Prince’s Trust website.You can also download a free cash flow forecast template or a business plan template on the Start Up Loans website to help you manage your finances. Get detailed information about how to write a business plan on the Start Up Donut website.A business plan is a written document that describes your business.It covers objectives, strategies, sales, marketing and financial forecasts.A business plan helps you to: You’ll need a business plan if you want to secure investment or a loan from a bank.Read about the finance options available for businesses on the Business Finance Guide website.