16 Writing Simple Business Plan Examples & 30 Free Template

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Simple business plan examples are useful when you are going to start a business. What is a business plan used for? We’ll see how to write a business plan & free template, examples, and the process of writing a simple business plan on our own. A business plan is in fact the blue book for your business. It is the written formal roadmap of every business operation. In this article, I am going to talk about Simple business plan examples

Simple business plan examples

The pros and cons of every business should be well written in a business plan. Entrepreneurs get to know their action plan mentioned in the business plan.

A good business plan is the backbone of any business. No business can sprout well without a good business plan.

Every step, goal, direction, timeline, and process is well defined in a business plan. The future of any business depends on a strategic business plan.

A business plan is very important, especially, for the new businessmen, as it describes how to start, run and manage a new business.

A well-written business plan is very useful for loan applications. The required steps to write a perfect business plan for your company or service is as follows:

Step 1- Executive summary

An executive summary is a short description of simple business plan examples that shows a glimpse of your business. It is an overview for the readers that gives an overall impression at a glance and curiosity to go deeper.

An executive summary is crucial for writing a simple business plan based on related examples & a free template.

It should give ease to read out by saving their time. Be clear, concise, and simple so that readers get a persuasion to read the whole of simple business plan examples.

An executive summary is a crucial part of a business plan because it gives your partners, stakeholders, investors, venture capitalists, or the banker an interest to read.

How to write an Executive summary

Personalize yourself from the reader’s point of view
Customize your executive summary as per the purpose
Shape it up with a continuous development process
Size matters most, keep it as short as you can, never to exceed more than 2 pages
Write positively with strong language for a good first impression
Keep in mind, that it is a summary of your entire business plan, a short version of the plan
Make a double check by a person who has no prior idea of your business, as a reviewer
Keep it updating continuously

Executive summary Outline

A well-written executive summary of a business plan has many benefits. It is essential for operating your own business. A well-written business plan is very useful for loan applications. An executive summary includes the following:

Mission statement/ Pitch
Company information
Business highlight
Problem statement
Business opportunity
How you relate your business to this opportunity
Competitive advantage
Market analysis
Target market
Products/services
Competitors
Revenue model
Marketing strategy
Sales strategy
Return of investment
Strategy to get market share
Financial analysis
Human resources management
Backup plan
Implementation plan
Timeline
Future plan

The best way to write a successful executive summary is to pick up one to two striking sentences from every part of your whole business plan and, rephrase them a bit Interestingly.

Step 2 – Define your vision

The first and foremost step of a business plan is to define your business vision. A vision is a long-term future goal that you want to achieve in the long run. a vision gives your new business a practical focus that projects 5 to 10 years in the future.

It is an inevitable part of a business plan which is very useful for a loan application to the bank or to any venture capitalist from simple business plan examples.

Setting a clear vision to resist you to misguide yourself in the wrong direction. Business values and goals should be aligned with your business vision.

A clear vision reflects a big dream, focuses on the future, and achieves a goal successfully. It is inevitable for writing a simple business plan based on related examples & a free template.

Your vision should cover your mission statement with inspiring aspirations. The achievable goal should relate to your passion with forward-thinking and time frame. Your business vision will motivate you and tell your stakeholders the same sort of imaginary reality.

15 companies’ Vision

Nike Inc.’s vision is “to remain the most authentic, connected, and distinctive brand.”
American Express wants the company to be “the world’s most respected service brand.”
McGraw-Hill’s vision includes “economic growth and job creation” and “creating a smarter, better world.”
The Hilton hotel’s vision statement mentions, “to fill the earth with the light and warmth of hospitality.”
Reebok says “we all have the potential to do great things” and “to help consumers, athletes and artists, partners and employees fulfill their true potential and reach heights they may have thought un-reachable.”
McDonald’s vision statement is “To be the best quick service restaurant experience. Being the best means providing outstanding quality, service, cleanliness, and value so that we make every customer in every restaurant smile.”
Amazon’s vision says “to be earth’s most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online”
Disney’s vision statement is “to make people happy”
Facebook’s vision says, “to give people the power to share and make the world more open and connected.”
Ford’s vision statement is “People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership”
Google: “to organize the world’s information and make it universally accessible and useful.”
Microsoft’s vision statement is to “Empower people through great software anytime, anyplace, and on any device.”
Sony’s vision statement refers, “To be a company that inspires and fulfills your curiosity.”
Zappos describes its vision as, “delivering happiness to customers, employees, and vendors.”
Apple’s vision statement is, “to produce high-quality, low cost, easy to use products that incorporate high technology for the individual.”

What makes an effective Vision?

Achievable
Future focus
Goal-oriented
Directional
Challenging
Specific
Relevant
Appealing
Purposeful
Realistic
Values-Oriented
Unique
Memorable
Inspiring
Engaging
Time-framed

Step 3 – Set your goals and objectives for the business

Why do you start your business? What is the objective of your entrepreneurship? These are important to know about your success, of the simple business plan examples.

So, you need to get answers to them. Put them down on the business plan. Setting goals, as well as objectives, are crucial for writing a simple business plan based on related examples & a free template.

Business growth is associated with a business goal. It helps to achieve the business objective. The goal is a quantitative direction for teamwork and accompaniment. Achieving a goal is a critical achievement for the strategies.

Hints of business objectives are:

Increase productivity
Gain a competitive advantage
Boost up the profit margin
Enhance skills and efficiency
Ensure cybersecurity
Achieve greater market share
Better customer service
Employee development
Product innovation
Sustainable development
Less turnover
More productions
Door to door sale
Decrease products price
Provide value addition
Create a performance-driven culture
Balance expense

Tips for setting business goals

Conduct a SWOT
Assess competitive advantage
Run a market analysis
Consider previous performances
Evaluate employee opinions
Assign a role to the team
Ensure support to role players
Relate goal to your mission and vision statements
Be specific and understandable
Set realistic goals
Breakdown your goals into parts
The goal should be measurable
Communicate team
Relate goals to avoid contradiction
Check resources needed
Set timelines
Reviews progress
Monitor and support
Avoid distractions
Reinforce

Step 4 – Define your Unique Selling Proposition

Why should customers buy from you? What makes you different from others? How do you feel better than your competitors? What is your unique selling proposition in your business? It will clearly distinguish you from other entrepreneurs. Be very clear about your unique selling proposition.

A unique selling proposition in business, USP means the selling point that makes your clients impelled to buy your products, or motivates customers to change the brand.

A unique selling proposition standardizes your products better than all other competitions. It is important for writing a simple business plan based on related examples & a free template.

USP is an open offer to customers with specific features that makes the products special to them. Clients are so spurred that they not only buy it but also refer to others from simple business plan examples.

Mentioning this unique feature in your business plan will make it attractive to your working team to achieve. It is important for a business plan that is very useful for loan applications for writing a simple business plan.

The best way to set USP is not to compete in a crowded target. When you will be unique in your service, you can easily find a great unique selling proposition, that no other competitors can afford.

What stuffs makes a great Unique selling proposition

Unique
Memorable
Easy to understand
Differentiates brand identity
Create positive feelings about the brand
Describes a key benefit
Traditionally short, narrow
Value addition

7 Steps to set a unique selling proposition:

Set your target audience, select your niche
Find the problem you are going to solve (you are not going to sell your product)
Describe the process of how your product works
Clarify the most valuable benefits and features you are going to offer (those others can’t)
Make your statement emotional and appealing
Emphasize your story
Narrow down your statements

Famous slogans that describe their Unique selling propositions:

Domino’s Pizza: You get fresh, hot pizza delivered to your door in 30 minutes or less or it’s free.
McDonald’s: “I’m Lovin’ It”
Tesco: “Every Little Helps”
Geico: 15 minutes could save you 15% on car insurance
De Beers: A diamond is forever.
FedEx Corporation: When it absolutely, positively has to be there overnight.
L’Oréal Paris: “Because You’re Worth It.”
Avis: We’re number two. We try harder.
Toms shoes: ”One for one”
MasterCard: “There are some things money can’t buy. For everything else, there’s MasterCard.”
Nike: “There Is No Finish Line”
Apple: “Think Different.”
BMW: “Designed for Driving Pleasure.”
Dunkin’ Donuts: “America Runs on Dunkin'”
M&M: “Melts in Your Mouth, Not in Your Hands”

Step 5 – Know your market

Market analysis is a prerequisite issue to initiating a business. It enables a businessman to have valuable deeper insights into transitions in the economy, society, competitors, product demand, ongoing market trends, fashion, demographics, etc. It also gives realistic data on customers’ expenditure abilities, intentions, and needs to purchase.

Know your market well before going for a business. The business field is gigantic, and one businessman cannot cover up all of them. Even it’s not possible. Clients need many things.

Knowing the market is relevant for writing a simple business plan based on related examples & a free template. It is really challenging to please them always. Therefore, it is crucial for finding out potential customers, and avoid risk factors to take precise business decisions.

Market analysis questions

Who is your customer?
Where is your target market?
What are their problems?
How can you solve their problems?
Are there any other competitors with similar products?
What is the market demand for your products?
How many product units do your customers need in a span of time?
How many units you can produce to meet their demand?
What are the projected requirements for unit products in the market in the next 2, 4, 5, and 10 years?
How many units you will be able to supply in the next 2, 4, 5, and 10 years?
What type of product innovation is predicted in the market in the next 5, or 10 years?
How will you handle the challenges in product innovation in the market in the next 5, or 10 years?

Putting these questions with appropriate answers in the business plan is very useful for loan applications.

Market analysis tips

Determine target customers
Browse Internet sources for background study
Be involved, rather than relying on secondary data on the websites
See-through customer’s point of view
Gather real-time data as much as you can
Summarize your detailed analysis in short
Run serious market analysis
Focus past history and present trend
Include a graphical and visual representation
Forecast the future with your intuition
Find out the relationship of the market with your business

Step 6 – Know your customer

For whom have you started your business? Obviously, it’s for your customers. Your customers are your blessings, the key role players for your success. Loyal and happy customers can multiply your success with their emotional involvement.

Decide whom are you going to deal with all through your venture. Know them very well. You will have to handle each and every customer’s choice, taste, hobbies, likes, dislikes, passion, need, and problems with care and attention. Knowing customers is required for writing a simple business plan based on related examples & a free template.

Know your customers very well- their interest, ability, motivation, psychology, instincts, and emotional triggers. You cannot force your customers to buy. Need to know their motivational factors so that they are impelled to buy emotionally, and bring more leads, continuously. A properly written business plan is very useful for loan applications.

The customer is always right. You cannot change your customers. Focus on what you need to change yourself to make your customers buy. Write all these in your business plan. Understand your customers. Go for permanent relationship building through compassion, positive word of mouth, trust, and responsible solutions maker.

What a customer seeks from you

Empathy
Respect
Control
Information
Priority
Trustworthiness
Fairness
Friendliness
Relationship
Options and alternatives
Values
Discount
Authority
Problem solve
Ownership

Type of customers

All customers are not the same, or not even similar. They can be of different kinds. You cannot treat all of them equally. One trick or approach can be perfect for one, but, be sure, might be very offensive to others. Customers can be of-

Rigid
Potential
New
Permanent
Impulsive
Discount
Loyal
Confused
Driver
Expressive
Dominating
Amiable
Adamant
Analytical
Choosy
Perfectionist
Liberal

Handle everyone differently. Analyze their need based on your experience, knowledge, and intuition. A well-prepared business plan is very handy for loan applications and a sample of a simple business proposal.

Need to know their additional needs. Give them the right product, solutions, and services to meet their need. Be their trusted solution maker, not a businessman.

Step 7 – Research the demand for your business

What is the present demand for your business? How do people accept it? What could be the profit margin? How many companies are there with similar products? What is the anticipated future? Is this business sustainable over the next 10, or 15 years?

There should have a reflection of a thorough research outcome on your venture in the business plan. Research is inevitable for writing a simple business plan based on associated examples & a free template.

Research on demand allows you to understand the trend of your business. You can’t reverse after starting operations.

Therefore, a well-defined analysis and projected product line should be good. If the demand is high, but the competition is low, you should start thinking about it right now.

Research should be on real-time information. Be careful, in case the products are going to the declining stages, despite current demand in the market.

In this case, the best product should be one that is not on the market yet. Do holistic research on your blue ocean ideas.

It will be a good one if your innovative idea clicks. The risk is lower in case you have a new product with comparatively higher demand in the market.

You cannot blindly jump into a business on vague assumptions only. Your valuable research on demand is your valuable fuel to ignite your business.

Step 8- Competitors

Your competitors are not your enemies. In fact, competitors are your silent mentors. You can learn many things from your competitors and include them in your business plan.

Studying competitors is relevant for writing a simple business plan based on related examples & free templates.

Do holistic research on them and enlist them in your business plan for your decision making:

Business
Structure
Profit
Revenue
Expansion strategy
Quality of management
Investment policy
Debt
Credit
Location
Capital
Experience
Corporate form
Image
Number
Skills
Expertise
Human resources

Strategy

Development
Rate of change
Personnel policy
Positioning
Speed of innovation
Corporate culture
Quality assurance

Products

Brand values
Operation
Quality
Features
Prices
Positioning
Products range
Numbers
Product lines
Degree of innovation
Flexibility
Delivery range

Production

Supplier
Flexibility
Reaction rate
Capacity utilization

Marketing

Communication channel
Prominence
Brand value
Public relations
Advertising
Conditions
Pricing strategy
Organizational structure
Sales channels
Sales materials
Pricing of sales
Image quality and customers
Kind of customers services

Services

Decisions making authorities
Contact persons
Competence
Professionalism
Organization
Accessibility
Reaction time
Flexibility
Reputation
Reliability

Logistics

Security
Punctuality
Delivery capacity
Delivery quality
Speed of delivery
Storage
Transport

Technology

Innovation
Automation
Cybersecurity
Website

Legal

Intellectual property (IP)
Affiliation
Membership
Trade license
Customers’ privacy

Step 9 – Financial analysis

It is a very crucial part of your business. Every successful business focuses on this part since its inception and has simple business plan examples.

Without finance, any commercial business has no meaning at all. Your business plan should rightly address this issue for your future success.

Financial analysis is, in fact, the process that assesses how far a business is financially suitable and feasible.

It deals with financial entities like business plans, financial statements, projects, and budgets that come across a business operation.

Your financial analysis has to cover every possible financial information that your business has now, as well as, financial data that is estimated for future growth, and a projection of your day-to-day operating expenses.

A proper financial analysis is handy for writing a simple business plan based on related examples & a free template, and simple business plan examples.

Objectives

A financial plan should have the following objectives:

Assess your existing financial situation
Plan your financial goals
Plot your backup courses of action
Assessing alternative plan
Generating and enacting your financial action plan
Reviewing and revising the plan if needed

A financial plan covers

Cash flow statement, day to day incoming and outgoing cash flow
The income statement is also called the profit and loss statements
Balance sheet and the cash flow statement
Forecasting sales
Break-even
Tax management and planning

How to generate a financial analysis

Begin with sales forecasting, which will be able to describe your weekly or monthly sales goal
Create a simple spreadsheet that will visualize sales for two years and next
Make your expenses budget for the next 1 fiscal year, to be renewed yearly
Create a smooth cash-flow statement to be very useful for your day to day revenue
Show your Income projections with a proper breakdown
Clarify your assets and liabilities properly, these things will be a pivotal factor to run your business in the long run
Calculate your Break-Even analysis, a very vital part of forecasting the sustainability of any business
Generate comparative financial statements
Prepare a statement of changes in working capital

Steps

A financial analysis should maintain the following steps:

Research on economic characteristics of your Industry
Set your organizational strategies
Evaluate the quality of organizational financial statements
Analyze profitability
Calculate budget
Assess risk factors
Develop projected financial statements
Analyze trend
Analyze the ratio

Components

A financial analysis should have the following components:

Insurance
Budget
Debt management
Retirement planning
Estate planning
Saving
Investing
Taxes
Monitoring progress

It is important never to make the financial plan complicated, ambiguous, or laborious. A short and precise business plan carries value for loan applications. A practical and actionable will actually be useful to you.

Step 10 – Define your marketing strategy

Your marketing strategies are your strengths. The products you will develop require huge attention and strategies to deliver to your target market, and a sample of simple business proposals.

To set the action plan of your marketing strategy, you need to get clear answers to the following, in your business plan:

Why?

Your objective for the business

Who?

Decide about your ideal customers

Difference

What is your competitive advantage? How and why you are the best?

Price

How much cost will be best for you and your customers?

Positioning

A story that your customers will believe about the value you create

Distribution

What is the way to reach people to get your products into their hands easily?

Platform

Where is the place you tell your story

Promotional strategy

What will be your approach to telling your story

Conversation strategy

How do you strengthen your relationship with your prospective customers

Growth strategy

What is your idea for attracting customers in number?

Referral strategy

The story you give your customers to tell their network

Strategy to multiply transaction value

How you please customers by positioning

Retention strategy

How do you make sure your customers come back and be permanent customers?

These steps of a business plan is very useful for loan application.

Step 11 – Operations manual

An operation manual is a handbook of a business that describes the written directions, policies, instructions, information, procedures, a simple business plan examples, and processes that are required to operate a business. It is important stuff for a business as it works as an operational guideline of a business.

A well-written operations manual implies a smooth operation of a business, apparently. In most companies, the operations manual is an open secret resource separately put for action.

Planning an operational manual is relevant for writing a simple business plan based on related examples & a free template.

However, a clear indication in short about this handbook should be reflected with key features in the business plan.

Contents of an operations manual

1. Introduction

(An outline of the objective of the manual as well as the targeted users for who it is produced)

2. Overview

(An outline of the questions answering on “where”, “what” and “how” about the organization)

History
About
Mission
Vision
Aims, Goals & Objectives
Principles
Strategies
Services and delivery process
Management

3. Structures

Organogram
Accountability
Meetings
Process
Proceedings

4. Specialized Service, Policies, and Procedures

IT
Confidentiality
Automation
Emergency procedure
Logistics

5. Board of Directors, or Management

Committees
Roles
Processes
Executive
Board
Delegations

6. Human Resources Management

Recruitment and Selection
Appointments/ Contracts
Orientation
Training
Supervision
Health and Safety
Leaves
Grievance Procedures
Employee Benefits
Disputes and Dismissals
Job Descriptions
Job Reporting
Policies

7. Administration

Financial Planning
The Budget Cycle
Funding
Tax
Insurance
Logistics
Transport

8. Evaluation

Strategies
Policy
Plan

9. Appendices

Constitution
Membership
All other Manuals
Awards
Statistics

Apparently, an operation manual may not be actively valuable, but it is well-designed protection to resist disasters caused by human resources, from simple business plan examples.

It could be different from company to company based on its purposes. Finally, the operations e should be user-friendly for the greater purpose of its usefulness and utility.

Step 12 – Sales strategies

You have your products. Fortunately, you have developed your marketing plan. You know your market. This is the time to make sure your sales strategies make a win-win deal with your clients. Mention the process and strategies for sales, in your business plan.

In fact, successful business operations depend on success in sales. To make the sales smooth and optimum, you have to weave your appropriate sales strategies.

The core objective of a vigorous sales strategy is to make a smooth sale up to the last customer, as well as to enhance profit gradually and certainly. Sales strategies are relevant for writing a simple business plan based on related examples & a free template.

Include a free trial period
Automated email campaigns
Target existing customers for continuous sales
Know what is needed of your customers, and generate urgency
Capitalize on the problem-agitate-solution (PAS) method to shape your prospects

Step 13 – Human resources management

Managing human resources is challenging. The success of every business operation largely depends on the maximum use of its human force. A good manager can handle each and every human resource carefully. Human resources management and HRM is a great art for the entrepreneur.

Before maintaining human resources, the best idea is to hire the best human products for the organization. Skill, effective, and efficient human resources are blessings for the organization. Upon motivation and care, your human resources can bring success in the shortest possible time.

Put down a glimpse of your HRM in the business plan.

Mission of HRM

Human resources management establishes the following mission in the organization

Strategy
Operations
Compliance
Employee performances
Low turnover
Revenue generation
Automation

HRM system

A human resources management system deals with the following dimensions in an organization:

HR management
Orientation management
Job placement
Shift management
Goal management
Strategic management
Recruitment management
Selection management
Appraisal and review
Succession and career planning
Payroll management
Leave management
Training, coaching & development
Performance & Reward Management
Insurance management
Policies & forms of publishing
Job engagement
Personnel administration
Organizational change management
Organizational survey management
Career & Talent management
Employee suggestions management
Absence management
Newsletter, opinions, polls & events
Employee self-services
HR planning
Competence management
Attendance management
Labor relation
Health, safety, and security

Employee improvement process

Attract the best manpower for the organization
Educate selected candidates for performance optimization
Train the selected employee for growing responsibilities
Motivate by positive reinforcement
Empower the deserving candidates in strategic decisions
Reward the best-fit employees for their further growth, which is correlated with organizational growth.
Retain the good employees with reward, the meaningfulness of the job, and motivation
Improve low-performing/ disengaged employees with counseling, training, and coaching, or eliminate them if not developed up to the mark.

Personal attributes of an HR professional

A professional HR should have the following traits:

Having soft skill
Decisive thinker
Technology friendly
Skilled influencer
Updated and knowledgeable
Courageous
Neutral
Personally credible
Rational and logical
Collaborative
Future-focused
Challenge takers
Intuitive
A role model for others
Motivator
Curious
Emotionally intelligent
Diplomatic
Trusted
Having strong personal skills

Related: 10 perfect foods for your soul

Step 14 – Supply chain management

SCM, the supply chain management, is the smooth and successful process of management to reach the finished product or service to the end level consumers, from the place of origin to the place of consumption.

A well-defined supply chain management is relevant for writing a simple business plan based on related examples & a free template. It is necessary to mention your SCM in your business plan.

SCM is the flow of goods, raw materials, and services from the source via transport to the destination to the store or showroom. The goods, etc, then reach the hands of customers and gain a competitive advantage.

SCM process flowchart

Factory/ source
Package/ label
Transportation
Received in good condition
Warehouse management
Integration to shops
Quality assurance
Deliver to retail entrepreneur
Stock in showroom
Customers experience

Supply chain transformation in Samsung

Listen to the voice of customers
Adopt the six sigma methodology
Use the advanced planning and scheduling system
Develop cross functioning team
Streamline performance evaluation system
Standardize process and parts
Establish a risk management system

Supply chain lessons from Steve Jobs

Customers come first, and cost-cutting comes second
Aim impossible target
Prioritize initiatives based on the importance
Adopt process monitoring of the company
Simplify products and processes
Undergo holistic change when required
Increase relationships through face to face meeting

Supply chain lessons from Amazon

Place yourself in your customer’s shoes
Don’t be redirected by the competition
Focus on the goal
Travel extra mileage
Implant seeds and observe them sprout and grow up
Offer improvisation
Develop a great team

Best service supply chain

Customers services should be the top priority
Don’t repeat any job
Pickup the right people put them in the right place and empower them
It is more than technology
Promise lesser, deliver more and more
Segment your target market
Do your suppliers need your help?
We prepare for change
Grow a partnership with third-party logistics vendors
Give the best performer the best exploring opportunities
Envision every contact as an opportunity
Undergo win-win negotiation with partners
Satisfaction first, productivity second
Make harmony in your database for all operations

Step 15 – Revenue model

The revenue model is a crucial thing for any business venture. It is also called the business model. A well-thought revenue model is important for the sustainability of any business.

Setting up a business model is not that much easy. By this, you can implement your strategies for your venture. It is directly related to your financial objectives. The revenue model is a must for writing a simple business plan based on related examples & a free template.

The most effective way to create your most effective revenue model is to “forecast”. You can estimate your cost and revenue to calculate your projected revenue.

There are two common approaches to forecasting your revenue and generating your business model. These are:

Top-down forecasting
Bottom-up forecasting

By top-down forecasting, you can grossly bring the entire market size into your consideration, then assume your niche to get your specific target segment. From this, you can predict how much you can penetrate.

By bottom top forecasting, you reverse your calculations from bottom to top, from the marginal level headcount to replicate the process upto the top level of the market, grossly.

Steps to consider

Pickup the dominating variables of your venture that play a crucial impact on your revenue
Find out your risk factors, understand them, and address them particularly. By this approach, you will be able to mitigate your risk variables, that has a great impact on the revenue.
Forecast the near future, instead of looking into a long-term future.
The bottom line, break-even points, major milestones, etc. have a greater impact on the revenue model.
No one can run a business, based on a single revenue model, and keep some alternative revenue plans. Also, be flexible to adopt different business models at different times for different reasons.
Pick up a revenue model that is in line with your company values, development, and culture

Types of business plan

There are several popular business plans in practice. Such as:

Strategic Business Plans
Feasibility Business Plans
Start-Up Business Plans
Internal Business Plans
Growth Business Plans
Steady Business Plans
Operations Business Plans
Survival Business Plans

Popular business models

Some of the popular business models are as follows

Middleman model
Distributor model
Reverse auction model
Freemium model
Retailer model
Direct sales model
Advertising model
Affiliated model
Multi-Level Marketing model
Customization model
On-demand model
Marketplace model

E-commerce business models

Some of the popular e-commerce business models are as follows:

Business-to-Business (B2B)
Business-to-Consumer (B2C)
Business-to-Administration (B2A)
Consumer-to-Administration (C2A)
Consumer-to-Business (C2B)
Consumer-to-Consumer (C2C)

Step 16 – Future plan

What is your future plan with your business needs to describe in the business plan? Your future plan is not only important for your business growth, but also for the stakeholders, customers, and investors to understand your strength, stability, trust, and value proposition.

It is true that the future is not certain. There are some risk factors and uncertainties that may come across your journey. But, your precaution, preparedness, and backup plan can handle most of the man-made barriers.

Your future plan will boost your confidence. Future plans will enable you to stay on track. It symbolizes your steady growth. A rightly predicted future plan is an inevitable step for writing a simple business plan based on related examples & a free template.

Future plan model

Factors that synergize the future growth of a business:

Innovation
Change and transformation
Long products line
Company Values
Brand identity
Positioning
Trust of the customers
Competitive advantage
Talent acquisition and retention
Customers retention

Bonus Tips – Start!

The final say is, just start! There is no limit to development. Progress is a continuous process. So, don’t think too much. Start your business “now”!

You can keep developing your business plan and other factors day by day. When you involve yourself in the many parts of the business, it will grow up your knowledge and experience. Starting now will strengthen your gut to face challenges.

When you do it yourself, you will be able to learn continuously. Problems are your opportunities. So, don’t worry to involve and confronting mistakes.

Starting is the inevitable step for writing a simple business plan based on related examples & a free template.

Learn from your mistakes. It will be much more effective than theories or any blog articles.

Don’t think too much about your business plan. Just start now! Lest, you may lag behind, and others may overtake you in this competitive business arena.

Download 30 Business Plan Templates Free

Free business plan templates

A rightly written business plan is the key to business success. There are many business plan templates on the internet.

You will find many simple business plan examples whether you require a startup donut business plan template, a small business planning guide, a business plan for service template, a small business plan template at home, or a business plan format for service providers– all are available free.

Writing a simple business plan and having examples & free templates will make your way very easy to understand and pick you up from zero.

Download some business plan templates and pick the best one for you. I hope this article on simple business plan examples was worth reading.