Business Plan Templates

You know that writing a business plan is critical tool for planning your business and for getting a loan, but it’s hard to know where to start. Like everything else, it’s easier to begin when you have a template to follow.

Luckily, there are many free templates to help you through the business plan writing process. Which template is best depends on the stage of your business and if you need a loan. Find the best for you from the list of template links below:

Many of the above templates already have financial worksheets included, but for those that do not, below are good financial templates from SCORE:

  1. Break-Even Analysis: The break-even analysis shows the sales volume you need in order to cover your costs. Remember to include all your costs, including your time.
  2. 12-Month Profit and Loss Projection: Also known as an income statement or P&L, it is critical for your business plan. Be sure you can explain the assumptions behind the numbers in your P&L. Your banker will probably want to know them.
  3. 3-Year Profit and Loss Projection (optional): A three-year profit and loss projection is not required but is worthwhile if you want to capture an expected big change in your company’s finances after the first year.
  4. 12-Month Cash Flow Statement: The cash flow statement shows how much cash your business has at any time. It helps you plan so that your business doesn’t run out of money, even temporarily.
  5. Balance Sheet (Projected): A balance sheet subtracts the company’s liabilities from its assets to arrive at the owner’s equity.

Do you want some extra free assistance in formulating your ideas or getting feedback on your business plan? Check out our map of resource providers or find a small business development center (SBDC) or a SCORE volunteer near you.

Business planning and strategy