What is typically in a business plan template?
The type of business plan template you select will dictate what is included. Some are more focused on research and strategic planning for internal use, whereas others are for explaining information to external banks or investors. Typically, however, they will cover the elements in the previous question, ‘What are the parts of a business plan?’ In terms of format, there may be a business plan template PDF or Word Doc, so select the one you’re most familiar with.
An advantage, however, of using a business plan template is that many of them come with supplementary tutorials and exercises that will assist you in its creation. Some have free consulting services, such as SCORE, whereas others have video tutorials live LivePlan. Some merely have a company description, whereas other go into extensive detail and include a market analysis, financial projections, and outline of your target market. We encourage you to review the contents of the business plans individually to determine which best suits your needs.