You may be able to articulate the business overview, vision, objectives, and concise action items in a single page, but you might want more detail in the financial and marketing sections.For example, you might want to add an extra page to your pricing strategy section for income and cash flow statements and another for breakeven analysis in advertising and promotion.
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The 0 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.It might even lead you to kill off aspects of your business before investing too much time or money in them.That doesn't mean you have to bust out Word and start the plan from scratch.If your business is a partnership or requires multiple employees, you may need a more robust business plan.Similarly, a one-page plan will not be sufficient if you are in need of debt or equity financing and wish to impress financial institutions or potential investors.This one says you just have to answer a few simple questions and will be "done before you know it! A business plan should take time and a lot of homework, but if you've already done that, Law Depot's template is a decent choice.It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it.This is particularly helpful if your idea isn't fully fleshed out and you know you have homework to do--it prompts you for information.Who said a business plan has to be a long, complicated document?A lot of those mistakes (most of them, in fact) are the result of poor planning.Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.
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