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That doesn't mean you have to bust out Word and start the plan from scratch.A template is great--you probably aren't doing anything that hasn't been done before, so it provides a proven structure for your plan. Check out these comprehensive business plan templates you can download for free to get you started: Score is an American nonprofit dedicated to helping entrepreneurs get their companies off the ground.Any funder worth his or her salt wants to see it right off the bat.
Recently, I shared 18 Mistakes That Kill Startups, an infographic created by Mark Vital over at Funders and Founders.
A lot of those mistakes (most of them, in fact) are the result of poor planning.
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Its template, available as a PDF or Word download, asks a whopping 150 questions and is generic enough to customize for most types of businesses.
The Refining the Plan resource that comes with it is helpful, especially if this is your first crack at writing a business plan.
Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.
Creating your business plan is more than just getting your ideas down on paper for potential funders to see.
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