Does anyone know where I can find a good basic business plan template I can use with investors?
I have a few investors that are looking to invest in my company. I need to prepare a business plan to share with them. Does anyone know where I can find a basic template that includes financial samples for 3 years of cash flow, sales revenue and ROI?
Doron: I have never used a template for something as important as pitching investors. Obviously you can do a quick google search on business plan templates (https://www.google.com/search?q=free+business+plan+template+word&ie=utf-8&oe=utf-8) but why not create something specifically tailored for the investors in question? If you want their money, I would think you would be willing to invest the time to create a customized investor presentation for them. The last pitch I did in Asia was developed in English (which is my native language) and then translated into Mandarin (the native language of the prospects) for the prospects. I found that even with "accurate translations" the written presentation was not nearly as clear to the recipients as the discussion that were held in person. I am assuming that language is not an issue in this case. I have found that most investors don't want a traditional business plan with proforma detailed numbers, they want a high level presentation (10 - 20 slides) that details the business, the opportunities/threats (taken from a SWOT analysis), high-level numbers and an explanation of the use of the funds (this seems to be the most important part to most investors). Then once they have bought in, depending on the situation, they will want to do a due diligence of your current books to validate that your current numbers are accurate - and that they can trust you.
Yes, the first is simple, contact your local SBA organization and as them for one (or the one they are promoting.) They are in this business, so to speak.
Another way, more involved but shrewdly better, is to contact potential investors asking for advice on what they "expect" in a business plan and if they can direct you to any models/templates that help them make decisions. You might be surprised at how valuable this last method is.
Even though I am a business coach and might want to promote my services to provide assistance in development of a business plan, a template works fine. Others have made good suggestions, and if I DO work with a client to assist here, I just grab some software such as Business Plan Pro - which follows certain templates but also has modifications for different types of businesses.
I understand the comments to not just follow a template because the pitch is too important. There are still certain areas that must ALWAYS be addressed that must be covered as a start. Certainly then take into consideration unique aspects of your business and the knowledge you have of where the investors interests might lie.
The only use of someone outside your business would be to review and critique prior to the actual pitch. Building confidence in YOU is a big part of the process.
Doron, I used Business Plan Pro from Palo Alto Software. It may not be the final pitch but helps coordinating the topics and avoids missing important points.
It is not free.
Follow the link below to a free downloadable template from the Canadian Business Development Corp
Here's a link to an Excel file. You can also google by using the keyword your are searching. If all are too complicated for you, hire an expert. Good luck.
You may find this website helpful for finding templates that can be customized for your business. https://www.score.org/resources/business-planning-financial-statements-template-gallery
Yes, I have a FREE template for a Business Plan outline. http://budspracticalaccounting.com/resources/free-downloads/ I also have published a book that is available on Amazon, The Business Plan and Beyond by RG Bud Phelps http://www.amazon.com/R.G.-Bud-Phelps/e/B0089GZ2U0/ref=ntt_dp_epwbk_0
www.BeResource.com......Developed by our Montgomery County Community College and used by those of us who mentor and counsel for Score in the College.... I think it asks the correct questions......and steers you in the correct way
A LOT of SBA references here as answers. Looks like our gov't is making headway.
My non-Gov't resource can be found here: https://knowlium.com/. It was free last year, but they picked up momentum fast. Now you can create one for $19/mo +.
Best to you.
By the time these are all customized they either look too simple - a "McBusinessPlan" - or you think "I should have just done this from scratch." I do a lot of these and the normal rate is $3500 to $10k. See www.qb-la.com Good luck!
Doron. May I ask what document you already gave the potential investors that allowed them to assess your opportunity positively in the first place?
I assume you must have given them something that contained product or service information, pricing, market size, revenue and profit?
I just noticed that David has given you the advice that I would have - i.e. before you go out and spend $$ to buy a package that you then have to get to know, ask the professionals in your area SBA, or ask one of the investors how they want their information and what template or package they use.
Doron, in my opinion the best choice is to find the best consultant for you, as the "template" needs to be adapted to the area of activity, to the product / service, to the investors' type etc. The financial indicators and their analysis, often are more important than the size of the figures / numbers. And even more important is the language used, the speciality terms and the perspective upon the main objectives and risks. If you need it jut to have an overview for yourself, than you can use the sources already quoted. All the best.
Get Guidebook to Planning - A Common Sence Approach, available on Amazon.
Hi, try this: Biztree
They got a lot of sample that we can follow to suite the purpose.
Hi, I would try to get in touch with your investment promotion agency. But I also would like to recommend a couple of business plan templates I have come across: onw from the World Bank (http://www.smetoolkit.org/smetoolkit/en/content/en/793/Creating-an-Effective-Business-Plan) and one from UBS - it might be useful being it a bank (https://www.ubs.com/ch/en/swissbank/corporates/foundation-pension-succession/founding/foundation-businessplan.html). I am certain you will need to add something to both, for example more details on the financials, but this certainly gives you a track! Good luck!
I found this service to be fantastic for business plans. They have both a free and premium product:
Hi all, Wonderful support and advices.
I am currently looking for an individual who can support to edit the material and create the package documents including the business plan (20-24 pages) and presentation slides (15 slides). Of course that all would be compensated. Looking forward to any of your recommendation, Many thanks again, Doron