This meant we spent 100 or so hours putting together a document that was destined to be obsolete.
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6- Competitor Analysis Very much related to the SWOT Analysis mentioned above, the competitor analysis should provide a more personal review of what the company is doing, their traction and state and how the company intends to differentiate.
The vision, on the other hand, talks about what the company aspires to be in the future.
Here's an excellent article from Hubspot on how to write your mission/vision.
Based on that structure, a business plan may be as short as a one-page executive summary, or as long as a 50 to 100-page document outlying the specifics of the business.
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.
4- Business Description A more detailed description of the company, what it will do and how will it make money.
5- SWOT analysis The Strength-Weaknesses-Opportunites-Threats summary is a famous exercise used in business to assess the state of the industry, the market, and the competitor environment.
Alternatively, this Business Review Power Point Template has equal importance to your business planning that you will surely find useful to integrate with.
The presentation template above is a business plan template in the form of a slide deck.
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