Learn how to write a business plan for your small business today. Download our business plan template and follow our 10-step plan with easy-to-ready samples. Whether you’re a founder, a new owner, or just beginning to think about starting a business , demands come at you fast. Tasks, to-do lists, meetings, and more.
Amidst that rush, the idea of writing a business plan—much less following a business plan template—often feels time-consuming and intimidating.
Done right, however, the payoffs are enormous. It’s more than the old cliché, “A failure to plan is a plan to fail.”
In fact, a wealth of data now exists on the difference a written business plan makes. Especially for small or growing companies. Perhaps the strongest evidence comes from the Journal of Business Venturing’s “meta-analysis” of 46 separate studies on 11,046 organizations.
For anyone wanting to wade through all 4,000 words, spoiler alert: