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Business plans can be anywhere from a single page to 30, 40, or even 100 pages depending on the complexity.Contrary to what you might think, you don’t need to start your business plan from scratch.
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Also, a business plan is absolutely necessary if you want to convince investors and lenders to finance your business.
Thankfully, there are business plan templates for every industry (from third-wave coffee shops to construction conglomerates) and every area (from Kansas, Missouri to the southern border).
Writing a business plan can seem like a daunting task, especially if you don’t have a background in finance or business.
It gets even more complicated when you realize that there isn’t just one format to follow.
Even though business plan templates can make your writing process much easier compared to starting from scratch, they aren’t an all-in-one solution to your business planning concerns.
There are still a few challenges you’ll have to face when using a business plan template instead of planning software.
It can also help persuade others, including banks, to invest in what you are creating. List whether you have sales reps, your availability for outreach on demand, and your source of mobility.
Specify the product, source of it, and people in need of the product.