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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.You can download it free with a trial subscription, but you'll have to remember to cancel it within the week if you don't plan to continue using it. writes about products and services in this and other articles.
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Even broken into sections, it's a long document and a bit of a slog to get through, but it produces a professional-looking and useful business plan.
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.
Larry Kim is the CEO of Mobile Monkey, a chatbot building platform for marketers that enables mobile messaging between businesses and customers via Facebook Messenger.
He’s also the founder of Word Stream, the World’s top PPC marketing software company. It's definitely not the most exciting part of starting a business.
The SBA's template is available to fill out online and then download as a PDF.
You can go back in and edit it as needed, so don't worry about having everything ready the first time you sit down to tackle it.
It's an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities.
It might even lead you to kill off aspects of your business before investing too much time or money in them.