The eight-chapter template explains what information needs to go in each section and why.
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If you're looking for information to help you choose the one that's right for you, use the questionnaire below to have our sister site, Buyer Zone, provide you with information from a variety of vendors for free: The Balance's business plan template is broken down into sections that will aid you in completing the best possible business plan, whether you are creating it for funding or strategy.
According to the website, each section can be copied into Word, Excel or a similar word-processing app by simply copying and pasting the text.
The benefit of paying for business plan templates, or paying for having your business plan reviewed, is the accuracy of information and customization.
"Your audience gets thousands of applications per day.Plans are for Word, Excel, Open Office and Power Point, and can be downloaded directly from the website.They also provide a business plan checklist to ensure you're including all the right information.Each section includes instructions explaining the type of information you should enter.In addition, the template includes a SWOT analysis and optional technology plan.The website also breaks down each section and provides instructions on how to download and fill in the template.Bplans' investor-approved business plan template has been used by Princeton University and Babson College to teach entrepreneurs how to start a business.If you've never written a business plan before or just want to save time and effort, here are 10 websites where you can download a business plan template and get started.Editor's Note: Looking for a business plan template or service for your business?Invoice Berry also provides marketing plans and executive summaries you can insert into your business plan.The pro of going the free route is that, well, the templates are free.