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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.The presentation template above is a business plan template in the form of a slide deck.
In both cases, the reality of the business, the user base, and the market have made the plan irrelevant in a matter of months, if not weeks.
This meant we spent 100 or so hours putting together a document that was destined to be obsolete.
If you got here, it is likely that you are looking to start your own business and one of your investors, or bank, or accelerator program requested a business plan for your company... There are several formats in which this document may be prepared.
The traditional one you'll come across on the web is a text document, probably 20 to 40 pages long.
Again, the most common concept is this 20 or 30 page-long document that you prepare to demonstrate that the founding team has the right mindset to venture into a new opportunity.
If you are a startup, especially a tech startup, then you might find some similarities between this concept and that of a 'pitch deck template.' The pitch deck, in the end, is the modern, simpler version of the traditional business plan.
Make sure your plan is clear about your target market – who will you be selling to and how many other companies are already selling similar products?
The other essential part of a business plan is the finance section.
Here's an excellent article from Hubspot on how to write your mission/vision.
4- Business Description A more detailed description of the company, what it will do and how will it make money.