Create a business plan: A step-by-step guide for start-ups
Success is the residue of planning
Benjamin Franklin said, ‘Success is the residue of planning.’
So here is the plan to help you get to success – your business plan template.
You may be thinking, but what is a business plan?
It is a comprehensive written guide to your business goals and how you will achieve them.
Easy enough, right?
Well, not so fast. It also covers all aspects of your business, from financials, sales, marketing and operations. This may sound hard, but it can be super easy if you follow our business plan template below.
Your business plan will be the roadmap showing you the way ahead to build a profitable business, as well as identifying and defeating hurdles that may hinder your business.
We can hear you say, this sounds like a lot of work. Is it worth it?
Absolutely! A survey of Australian small business owners found that the businesses that were in possession of a formal business plan were significantly associated with higher gross revenues and growth in sales.
We are, as we see it every day with our Sleek clients.
Business Plan Template
So, how do you write a business plan?
Follow our template below. The more information you complete under each heading will help you to turn your vision into an action plan!
On the other hand, don’t get bogged down in the detail, keep it clear and concise. You’ll not only lose yourself but also the investors, business partners, banks and accountants who read your business plan – and you want to keep them engaged!
To get you started with your business plan template, here’s some inspiration from Michael Jordan –
‘Some people want it to happen, some wish it would happen, others make it happen.’
Go, make your business happen!
Don’t forget the Sleek team is always here to help. Our team of accountants help entrepreneurs and businesses just like you every day.
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