How to Create a Blog Business Plan (Free Template) 7 Easy Steps to Write a Blog Business Plan: How I've Earned $1 Million+ Blogging
If you want to become a successful blogger, you’re going to need a smart blog business plan that can guide your decision-making, tell you what to invest your time in and keep pointing you toward the next stage in the growth of your blog business. Here’s how to write a blog business plan, including my free downloadable template.
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For more than 10 years since I started my blog , I’ve been strategically implementing my own blog business plans with great results. This guide pulls from that exact plan—and you can download my (free) template to follow along as you grow your blog too.
Want My Free Blog Business Plan Template?
Grab my free blog business plan template in both Google Doc and PDF format (that’s helped me build a six-figure blog) and reach 500,000+ monthly readers today.
Last year alone, my blog generated $449,107 in revenue (see more in my blog income reports ), and it’s been earning in the six-figures for several years now.
Despite the numbers, it hasn’t always been easy—like all entrepreneurs will tell you as any small business owner, there are ups and downs with business blogging, too.
A blog business plan helps you navigate the storm and can keep you on track, working toward your most impactful goals despite short-term fluctuations. At the end of the day, I’m living proof that you can turn your passions into a profitable small business as an entrepreneur through blogging.
To turn your blog into a viable business, though, you need to create a strategic blog business plan .
How to Create a Blog Business Plan in 7 Easy Steps (Free Template)
- Define Your Blog Business Plans and Set Meaningful Goals
- Do a Competitive Analysis of Other Blogs
- Start and Grow Your Blog (the Profitable Way)
- Map Out Your Traffic Generation Strategy
- Formulate Your Blog’s Work Process
- Launch (and Optimize) Your Blog
- Download My Free Blog Business Plan Template
Disclosure: Please note that some of the links below are affiliate links, and at no additional cost to you, I’ll earn a commission. When you purchase a product or service using my affiliate link, I’m compensated, which helps me create content like my ultimate guide about how to start a blog free of charge. Know that I only recommend products and services I’ve personally used and stand behind.
What Makes a Blog a Business?
Any blog can easily make you a small business owner with the right level of strategy, care and time investment. The basic foundation of a blog business is that you’ve:
- Developed a repeatable process for publishing content
- Learned how to bring in traffic consistently
- Figured out how to monetize that traffic through a variety of channels
The monetization aspect is where much of your efforts will (soon) be going as your blog evolves into a real business. You’ll experiment with tactics like running ads, taking sponsorships, joining affiliate programs , selling your own physical or digital products, and many other blog monetization strategies .
And in order to execute on these three core components, it helps immensely to have a solid blog business plan telling you what to do next.
What is a Blog Business Plan (and Why Should You Create One)?
A business plan, in its simplest form , is a roadmap for your business. It outlines your business and blogging goals and maps out how you’re going to achieve them. And in order to be effective, your business plan must be written down (so you can reference it often) and must include timelines wherever possible.
So why do you need a blog business plan ?
These are the four main ways you stand to benefit from creating a blog business plan, particularly for beginners:
- A blog business plan gives you a clear picture of what you want to achieve
- It helps you create a greater sense of accountability
- It forces you to set clear priorities (that ladder up to your overall goals)
- It shows you some of the challenges to expect along the way
A smart blog business plan is like a road map. If you follow it closely—and expect to spend some time experimenting, navigating detours and bumpy roads along the way—both the journey and the end destination will be very rewarding.
How do you write a business plan for a blog?
The first step to writing a business plan for your blog, is to define what your blog business is going to be (the main ways you expect to generate revenue)—and set meaningful, realistic goals that can help you make daily, weekly, monthly progress toward achieving those goals that ladder up to success with your blog business.
From there, you’ll want to research your competitors, start your blog (if you haven’t already), make sure it’s set up the right way with the correct themes & plugins, put in place winning habits that’ll help you achieve your goals, figure out the best ways to drive in traffic and promote your blog content—then begin to work on monetizing.
For a step-by-step walkthrough on the process of writing your blog business plan, grab my free template right here in this guide (through the form just a little bit above here).
Now, let’s discuss how to create a blog business plan that will guide you to your desired goals in the coming weeks, months, and years.
We’ll start by helping you develop your own blog business plans, which will set you on the path to generating revenue as quickly as possible.
1. Define Your Blog Business Plans and Set Meaningful Goals
The very first step in creating a blog business plan is to define what your business is going to be. That’s where we’ll be talking about things like your mission statement (why you’re blogging in the first place)—and while I don’t love the corporate term, executive summary, defining your blog business will be the closest thing we cover to that.
That means laying the foundation for everything from which niche you’ll be blogging in, who your target audience is going to be , which (tangible) blogging goals are most important for you to aim for, and at least a loose sense of how you’ll plan to make money from your blog in the near future.
Picking a niche
Picking a niche to blog about is one of the most important steps you can take to eventually generate an income from your blog.
A niche is simply a specific range of related topics (segment of a target market or target audience ) that you want to specialize your blog around being a trusted resource. Examples of some highly lucrative niche topics you can blog about include things like:
- Photography
- Personal Finance
- Career Development
When it comes to choosing a niche, the sky truly is the limit. If there’s a topic area that has enough demand—and you’re genuinely interested in building a blog business around it—then you’ve got the makings of a potentially profitable niche. Check out my guide for much more: How to Pick a Niche to Blog About (+ Examples) .
The reason why picking a niche comes first when laying out your blog business plans—is that how your blog functions as a business will be heavily influenced by the niche you’re operating in. It’s only after you’ve landed on a clear niche that you can move into defining and learning more about the audience you’ll be serving.
Learning about your target audience
After your niche, the next most important business decision you need to make is deciding who your target audience will be—and committing to learning more about them.
In a world with billions of people using the Internet , the reality is that not everyone will discover or even resonate with your blog, let alone be willing to buy whatever you’re selling when you eventually start monetizing your content.
You have to research your target audience and understand their pain points and how you can help them through your blog.
Think about your readers in terms of the demographics and psychographics that define them:
- Demographics: The quantitative traits of your readers. Like age, gender, location, and job title.
- Psychographics: More unmeasurable traits like values, interests, attitudes, and belief systems.
In short, who are your target readers, and which problems will you be solving for them?
The answer to that pivotal question will also help you determine the kind of content you’ll create and the best channels to monetize that content.
Determine how you’ll monetize your blog
There are many ways to make money blogging , but it’s extremely important to remember that you can only generate revenue from your blog—once you’ve started attracting an audience.
Still, it helps to plan today for which ways you’d like to monetize your blog (ideally in a manner that engages your own unique strengths & experience).
A few of the most time-tested blog monetization channels include:
- Sponsored Blog Content
- Affiliate Marketing (like how I generate sales from my Bluehost reviews roundup)
- Blog Advertisements
- Sell Online Courses (like my blogging courses and Built to Blog in particular)
- Physical Products
- Release a Software Tool
- Selling Your Own Services
- Writing an eBook and Selling Them (like my blogging books )
- Launch a Virtual Summit
- Business Partnerships
- Podcast Sponsorships (see my guide on starting a podcast )
- Freelancing and more
I’d caution you not to pursue a particular monetization path simply because it’s a money-making opportunity. Your most important task at this stage, is to decide which monetization channels will be best for your niche, the type of audience you plan to attract and how you can best engage your own interests.
Again, keep in mind that your audience will be the lifeblood of your blog—so learning from them in the early days will be key in collecting valuable feedback about how you can best help them. For an in-depth look at my best blog monetization strategies, check out my guide: How to Make Money Blogging This Year .
Setting blog business goals
Lastly, when defining your blog as a business, you have to set clear blog business goals to begin working toward.
This will help you break down the big-picture objectives into bite-sized tasks that won’t overwhelm you on a daily and weekly basis.
Setting smart goals will also help you stay ultra-focused on doing only the activities that move you closer to those goals.
A few examples of goals you could consider setting for your blog during the first year include:
- Getting to 10,000 monthly visitors (within 12 months)
- Working 15 hours per week on creating and promoting blog content
- Attracting 1,000 email subscribers (within 6 months)
- Earning $1,000 in revenue from your blog (in the first 6 months)
Whichever goals you decide to set for yourself, make sure they’re as realistic as possible, clearly actionable and measurable—so that you can regularly look back and reassess how you’re doing.
Once you’ve laid this solid foundation for your blog business plan, we can move on to analyzing competitors and learning more about how they make it work in your niche.
2. Do a Competitive Analysis of Other Blogs
Before you even launch your own blog (or transform an existing blog into a proper business), you need to learn from your competition.
Yes, that’s allowed. And no, you don’t need to do anything shady—or involve Russian spies.
Spying on your competitors and gathering insights is a great way to validate your own ideas for how to bring a blog business plan to life best. Take a peek at my top small business ideas to see if they inspire any new angles for your full-time (or part-time) business blogging efforts, too.
It’s also a fantastic way to learn what it takes to become successful within your niche. These are the three main things you’ll want to do when it comes to competitor analysis.
Identify your main competitors
Identifying your competitors helps you see the potential your blog business has within the niche you’re operating in.
Even more importantly, it also helps you clearly see the kinds of products your audience loves and is already paying (someone else) for.
So, how do you identify who your competitors are?
- Do some keyword research to determine which top words & phrases you want your blog to rank for in Google results (considering setting up Google Alerts to monitor them, too)
- Take a careful look at the articles & sites already ranking on the first few pages of those search results
- Examine their content, looking for ads, links to affiliate programs , products they’re selling, and other monetization efforts
For just about every keyword phrase related to your niche, there will already be competitive blogs, websites, and companies intentionally trying to rank their content at the top of those search results (in order to bring in readers and generate revenue somehow). For that reason, learning from the competition can provide meaningful insights to incorporate into your own blog business plans.
Use My Free Keyword Research Tool
Try my free AI-Powered Keyword Tool to get dozens of research-backed ideas for keywords & topics to write about on your blog today.
Research their strengths, weaknesses and top ranking keywords
Another smart reason to do competitor analysis is that it helps you identify your competitor’s unique strengths and weaknesses.
Doing this will help you identify some gaps in the market research that you can (profitably) fill by thoughtfully positioning yourself toward a segment of the audience, learning how to write a blog post that’s more impactful to readers, crafting catchier blog headlines and other ways to grow your blog .
As I’ve already alluded to, one of the best ways to gather this intel is through keyword research .
Keywords are simple words or phrases commonly used by people to search for something on the Internet.
You can use that information to thoughtfully position your own content to rank at the top of those search results.
Thanks to the awesomeness of technology, you can use many free tools (and free blogging resources ) for conducting keyword research today—including my very own free keyword tool . Type in your keyword phrase and get monthly search volume, difficulty & suggestions for other keyword phrases to target for your blog content:
I built this free AI-Powered Keyword Tool to solve a problem I’ve had in the blogging industry for nearly a decade. Anytime a new (free) keyword research tool comes out and gains popularity, a switch flips and it’s suddenly only a paid tool—or has dramatic limitations on usage. This keyword research tool was build to be forever free.
When you type in a keyword you’re considering blogging about, you’ll get dozens of research-backed ideas for keywords & topics to write about on your blog today. You’ll get insights like:
- Monthly Search Volume: A snapshot of how many people search for a particular keyword phrase each month on major search engines like Google.
- Difficulty Level: The difficulty level of ranking for a particular keyword phrase based on the amount of existing (and anticipated future) competition from established websites.
- Country Targeting: The default country view is for the US (United States), but you can select other countries from a dropdown menu to see what regional search volume & difficulty look like for your target keyword phrases.
- Ideas: Use the ideas tab (or click the lightbulb) to get dozens of AI-powered blog topic ideas related to the keyword you’ve chosen. It may even inspire some real business ideas to pursue with your business blogging efforts.
When it comes to competitor analysis, identifying the (most valuable) keywords your competitors are ranking for is a great leg up.
Sure, you can plug in your own keywords you think could be valuable (and attract the right audience), but you also risk choosing keywords that may miss the mark when it comes to driving traffic and ranking well in the search engine results.
Competitor analysis is a great way to find high-ROI keywords that others have already done the research on quickly. It’s also a good way to find lower-competition keyword opportunities to capitalize on yourself.
Which strategies do competitors appear to be using?
Competitor analysis isn’t complete until you have a clear picture of the strategies they’re using, too.
- How do they appear to be monetizing their blog?
- What do they do to promote their content?
- How are they driving traffic to their blog?
- Which keywords are they going after?
- Is there a clear opportunity for creating better (more helpful) content than theirs?
This is particularly effective if your competitors are doing well.
You can learn a lot by studying how they operate—without spending a dime.
Decide how to set your blog apart
At the end of the day, the most important insight to come away with from doing competitor analysis is how you can set yourself apart from the crowd.
With thousands of blogs launched every day, one of the only ways you can succeed in the long term is by carving out a unique position for yourself within your niche.
To do that well, observe out what others aren’t doing—and make a call as to whether or not there’s a need you can fill in the market.
After you’ve spent some time analyzing the competition, let’s build another layer into your blog business plan.
3. Start and Grow Your Blog (the Profitable Way)
Now we come to the fun part—actually starting your blog .
If you already have a blog that’s live, you can skip down to the next section on mapping out your traffic generation strategy by clicking right here .
Starting a blog is very easy, but getting everything set up for being able to (soon) maximize your profit potential is a bit more nuanced.
The main difference is that you need to pay careful attention to your decisions and settings, as your blog is your primary business asset.
All of this is broken down in clear, step-by-step detail in this guide: How to Start a Blog (and Make Money) , but here’s the overview. These are the two most important aspects of setting up your blog.
Get your domain name and blog hosting
In its simplest form, a domain name is the name you give to your blog (.com, .co, .net, or otherwise).
And just like any business name, your domain name has to be registered. Try as much as possible to get a domain name that fits in with your brand, mission statement, or niche you’ll be blogging about. Use my free domain name generator to get tons of clever domain ideas.
Your web hosting plan on the other hand, is the service that actually gets your blog online (and discoverable on the Internet). That hosting service you choose will host your blog on their servers and keep your pages loading fast for the readers that discover your content.
It goes without saying, that you need to invest in a reliable hosting service to make sure you’re maximizing your opportunity to succeed.
I personally recommend Bluehost as they’re one of the most reliable, affordable and capable hosting companies that has a great team to help with technical support as you go.
Plus, they offer free domain registration when you sign up for your hosting plan.
If you’re not quite sure how to best name your blog, then dive a little deeper into this guide: How to Name a Blog (+ Examples) . And if you wan to shop around with your hosting options, check out these comparison guides, I keep regularly updated here on my blog:
- The best month-to-month hosting plans on the market today
- 9 of the best cheap hosting plans for blogging on a tight budget
- My list of the top free hosting plans to get started without a budget
Design your blog with branding in mind
Another advantage of using Bluehost to power your blog is that they offer a one-click, easy WordPress installation immediately after you’ve signed up.
What is WordPress? WordPress is a simple blogging platform started in 2003 to help publishers, bloggers, and businesses quickly build, publish, and maintain websites without having to hire a technical team to do it, but WordPress has since become the most popular publishing platform in the world. Here’s what WordPress looks like behind the scenes:
The fact that WordPress also comes free makes it a no-brainer, as it means cutting down on your expenses (a bonus in any blog business plan).
As you design your website, make sure it feels professional enough to establish trust with the types of readers you want to attract and retain.
One aspect to nail right from the beginning is how you brand your blog. I’m not just talking about a beautiful logo (although that doesn’t hurt). Branding also includes:
- Blog aesthetics : Aesthetics have to do with the visual appeal of your blog. Craft your blog layout in such a way that it’ll be attractive to your ideal audience and easy to navigate.
- Blog personality : Your blog’s personality encompasses your writing tone, style, color palettes, and the vibe you want your readers to pick up on.
- Your vision and mission : This will help dictate the content you produce. For example, my blog is all about helping fellow bloggers (like you) become more successful in turning their interests into a profitable online business.
For more, be sure to read my detailed guide: How to Start a Blog (and Make Money) to get all of the basic foundations squared away on your blog—before switching over to the traffic driving and revenue generating aspects of your blog business plan. And be sure to peek at these blog examples to see how successful blogs operate today.
4. Map Out Your Traffic Generation Strategy
Traffic is the currency of the Internet and one of the primary goals to work toward in your blog business plans. Without traffic, you won’t be able to monetize your blog.
Last year alone, my blog brought in over 4.4 Million readers—and it’s the helpful content I’ve provided for those readers that has helped me to generate in excess of $50,000/mo during some months of the year (through a combination of the many different ways I make money blogging ).
The math is pretty simple here: more visitors = more revenue (potential) .
That’s why mapping out a clear plan for how you’ll bring more traffic to your blog over the long run is a critical step in creating your blog business plan.
Figure out how to nail your traffic sources for the types of readers you want to attract—and your blog business is almost guaranteed to thrive.
So how do you drive traffic to your blog?
Pulled from my (larger) guide: How to Drive Traffic to Your Blog , we’re going to break down a few of the highest-impact strategies for attracting readers to your blog.
Create niche-specific SEO optimized content
The largest single factor that’ll get more people to your blog is creating extremely value content within your niche.
If you can create content that’s worthy of being shared by your readers, then more people who stumble upon your article—whether it be from social media sites, search engines, online communities or otherwise—are going to want to spread the word to others they know.
The foundation for making that happen is providing real value within your niche.
However, no matter how great your content is, it still has to be discoverable on the search engines of the Internet (mainly Google, today).
That’s why you need to learn how to follow SEO best practices that can get your content discovered by more people. That includes things like:
- Nailing your keyword research
- Focusing on user intent and understanding the needs of searchers (not just search engines)
- Taking your time writing SEO-friendly headlines
- Using the right heading tags
- Optimizing your page URL
- Being strategic with your links
- Crafting an enticing meta description
- Optimizing your images
- Ensuring mobile friendliness and reducing page loading times
- Promoting your content (where your audience is spending their time online)
For a deep dive in how to quickly optimize your blog content, read my guide: 10 Blog SEO Strategies to Get More Readers today.
Use guest blogging to increase your reach
Guest blogging is hands down the #1 way to drive the best quality, highly targeted traffic to your blog (from the websites where your ideal readers are already spending their time).
Check out the spike in traffic I got from my very first guest post back in 2014 on the Buffer blog:
So, what’s guest blogging? It’s very simple, really.
Guest blogging is the act of writing a blog post that you publish on another website which is not your own—presumably one that has the right kind of audience you’re trying to tap into. It’s a win-win for the blog or publication that accepts your (high quality) guest post, because they’re getting free content that they want for their readers, and you’re getting the opportunity to tastefully link back to your own blog within the guest article.
Four of the biggest advantages you’ll get from guest blogging are:
- Relevant traffic . This is extremely important, so make sure you’re guest blogging on sites frequented by your targeted audience (this comes down to smart blogger outreach ).
- Build quality backlinks . Guest blogging is a great way to build your portfolio of reputable sites that link back to your blog (which is a positive signal search engines look at when evaluating the trust and credibility of a website). This in turn, will help improve your organic search rankings for your content over time.
- Build brand awareness . Another great benefit of guest blogging as a new blogger is that it helps get your brand in front of more people, giving your new blog an opportunity to connect with new readers.
- Establish your authority . One way you can set yourself apart from your competitors is by establishing yourself as an authority in your niche. Guest posting helps you do just that.
Now, it goes without saying that your guest posts have to be of the highest standards if you hope for your campaign to actually pay off on that objective of attracting readers who want more of your content. This far into your blog business plan though, I have no doubt you’re committed.
Build and grow an email list
Another dependable way of driving traffic (back) to your blog, is by building an email list of readers who’ve already consumed your content—and want to return for more.
Growing your email list (over time) is one of the best ways to consistently bring more people to your blog. And blog email marketing isn’t as daunting a task as it may sound—it can even help you monetize faster with affiliate marketing & create a more successful business for you.
One of the most important ways of ensuring that you build an active and engaged email list, is to create a truly beneficial lead magnet that your target audience will find worthy of signing up to your email list, in order to get access to your gated content.
You’ll also need a reliable email service provider to help you with delivering your subscriber emails, eventually setting up automations and more.
If you want a deeper dive on how to be a better email marketer with your blog, read my guide: Email Marketing for Bloggers This Year .
Craft a creative social media marketing strategy
Social media—whether it be Instagram, Facebook, Twitter, LinkedIn, Pinterest (or otherwise)—is a great channel you can use to promote your blog content and drive traffic back to it.
Make sure to genuinely connect with members of your community on the social platform(s) you choose to invest your time on—and be sure you grow a following on the main social media channel that your ideal audience actually spends time on.
If you use Instagram to promote your blog , use an Instagram follower tracker tool. If you see no increase in the number of followers, it means you should improve your content and create more engaging posts.
When you’re just getting started and still on a tight blog budget , organically sharing your content is the best way to go (as it’s completely free), and you can focus on connecting individually with people who seem to fit the profile of a potential reader.
However, as you grow (and start generating revenue on your blog), you can also increase your reach by promoting your posts and targeting a specific audience.
If you can drive traffic to your website (the right traffic, that is), then turning your blog into a money-making machine becomes a matter of giving your audience what they need… and finding win-win ways to provide more value in exchange for a payment.
5. Formulate Your Blog’s Work Process
Formulating a true process by which you’ll bring your blog business plan off the paper and into the real world is a critical step.
Your work process will be the roadmap that’ll direct the activities you spend your time on (creating content, promoting it, monetizing it) in order to push yourself forward and up to hitting your blog business goals. Some of the processes you’ll need to develop a clear game plan for include:
Deciding how often you’ll create and post content
Content, be it written, audio, or video, is the backbone of every successful blog.
The better your content, the more attractive (and profitable) your blog will be. For this reason, you need to develop both a smart blog strategy and a logical content marketing strategy , then stick to it.
Here’s a quick preview of what my content editorial calendar looks like. You can grab a free copy of it right here —and I recommend picking up my free blog post templates too.
Aside from just the editorial calendar that dictates when you should publish new articles (and what those topics/titles should be), other aspects of content creation you’ll need to decide on include answering questions like:
- How are you thinking about your blog titles ? Use my free blog title generator tool to help.
- Will you be doing all of the writing yourself? If not, can you afford to hire writing help?
- What’s a realistic goal for how often you can expect to publish a new article?
- How will you promote your content ?
- Are you going to get any custom designs or images for your content? Who will be in charge of your designs?
The bottom line, as far as content creation goes, is that you have to create high quality content that positively impacts outcomes for your readers (consistently).
When and why you should outsource
As with every business, growth eventually leads to one thing—work overload.
While it may not be today, you do need to anticipate and prepare for this stage in your blog business by determining when you should start outsourcing certain components of your process. The simple reality is that you can’t always do everything, and you’ll stand to get much quicker results on your blog if you can afford to bring on some help every now and then. Plus on the positive side, hiring contractors to help with tasks on your blog can make for a nice deduction when it comes to doing your taxes for bloggers at the end of the year.
It’s also important that you know which tasks you’ll outsource first, and strive to outline that early on in your blog business plans so that you have a set of rules to fall back upon when processes start to break down.
Trying to do everything on your own can lead to quality issues or worse—result in burnout that can lead to abandoning your blog altogether.
How much time you’ll spend on your blog business
One of the biggest advantages of running a blog is that you can do it as a side business for as long as you’d like.
However, just because it’s a side business, doesn’t mean you can neglect your blog and expect it to continue growing in spite of your lack of attention.
You have to decide from the beginning:
- How many hours each day (and week) you can safely commit to your blog business
- Find the exact blocks of time you’ll be using during the day—and put placeholders on your calendar
- Respect the commitment you’ve made to the growth of your blog
- Know that however much time you’re able to invest determines how much bloggers make
- Set realistic expectations for how long it’ll take to make money from your blog
All the planning in the world isn’t worth a thing if you don’t stick to the times you’ve allocated for working on your blog. As a quick aside, if you’re having trouble with your content planning efforts, you can grab my free blog planner bundle and turn things up a notch today.
Carve out as much time as you can realistically spend—and naturally, the more, the better. It’ll not only help you grow your blog (and income) faster, but it’ll also help you view and value your blog as a serious business.
Make sure to detail your work process within your blog business plan (and follow it as strictly as possible).
It’ll require the formation of new habits and a level of discipline on your part—but so does everything in life that’s worth working hard to achieve.
6. Launch (and Optimize) Your Blog
Starting a blog is certainly not the lazy person’s ticket to riches (as many claim it to be). I’ll be the first to tell you it’s a ton of work.
Building a profitable blog takes a lot of blood, sweat and tears… as you can see from my personal journey executing my own blog business plan. But the rewards are well worth the effort.
If you make it this far in your blog business plan—to launching your blog and shifting over to working hard on growing it— then congratulations! You need to reward yourself.
By this point, you’ll have:
- Set your blog business goals
- Carved out a clear niche for yourself
- Researched your audience
- Designed and built your blog (optimizing it for SEO)
And you’ve probably figured out an article or two you’re ready to start writing by now as well. Be sure to try my free AI article writer tool if you want to experiment with how AI writing tools can amplify your blogging efforts.
So… once you officially launch your blog, it’s time to boost the awareness and begin attracting readers.
Tap into the right online communities
There’s an art and science to figuring out exactly where your ideal readers spend their time online. Start by asking them!
My best blogging advice is to experiment with these platforms as well:
- Start answering questions on Quora (and tastefully link back to your blog when appropriate)
- Engage in thoughtful discussion on sites like Reddit and carefully test the waters promoting your blog after building your credibility in a space
- Find niche communities on Slack, groups on Facebook, and forums on LinkedIn, and track down independently owned community sites that focus on your vertical
This is one of the most important times to start building your good will in relevant online communities within your niche.
It’s these relationships you begin forming today that can lead to years-long collaborations, an influx of targeted readers, and more.
Promote your content on social media
If you already have some followers or friends on a particular social media platform, then start there.
Ask for support, build some buzz to lead up to your launch day and see how involved you can get your social network into your content creation process.
Now, if you don’t have much of a social presence today—that’s ok. It’s time to start planting the seeds of how you’re going to build one .
Check out my in-depth guide about how to promote your blog for several more proven strategies that’ve helped thousands of my readers build more profitable blogs.
Ask your network for help in getting the word out
One of the biggest benefits of blogging, is that it helps you build a network of like-minded people… and the chances are high that you already have at least a small network of people you relate well with—ranging from friends to family, co-workers, former classmates, industry associates or otherwise.
And guess what? The person behind every meaningful relationship in your life wants to see you succeed.
Don’t be afraid to ask your friends to help you launch your blog. A few ways you can do this is by asking them to:
- Announce your launch by re-sharing your social media posts
- Take a guest post from you for their blog (if it’s a relevant destination)
- Be a featured guest on their podcast—or ask for an introduction to a more relevant show host
There are many other ways you can leverage your network, but this gives you a pretty good idea of where you can start.
7. Download My Free Blog Business Plan Template (Google Doc and PDF)
Your blog business plan only works if you do (first). A blog can become a very meaningful, profitable business venture.
But in order to grow your site to that stage, it requires a strategic blog business plan. I’d highly recommend downloading my free blog business plan template today.
Grab my free blog business planning template in both Google Doc and PDF format (that’s helped me build a six-figure blog) and reach 500,000+ monthly readers today.
More than just a blog business plan, running a profitable blog requires a lot of commitment, discipline, and consistent hard work.
If you can pull it off though, you stand to increase your chances of escaping the 9-to-5 employment world—and give yourself the freedom to live life on your own terms as a full-time blogger with a real business model powering your long-term growth.
So, if you haven’t already, start drafting your own blog business plan using the structure I’ve broken down in this guide.
And if you need more actionable steps on how to turn your blog into a viable business, read my ultimate guide: How to Make Money Blogging This Year .
Hi I'm Ryan Robinson
I'm a blogger, but I'm not my blog. I am not my business either. Occasional podcaster and very-much-recovering side project addict. Co-Founder at RightBlogger . Join me here, on ryrob.com to learn how to start a blog and build a purpose-connected business. Be sure to take my free blogging tools for a spin... especially my wildly popular free keyword research tool & AI article writer . They rule. Somehow, I also find time to write for publications like Fast Company , Forbes , Entrepreneur , The Next Web , Business Insider , and more. Let’s chat on Twitter (X?) and YouTube about our feelings (and business, of course).
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147 replies to “How to Create a Blog Business Plan (Free Template) in 7 Easy Steps: How I’ve Earned $1 Million+ Blogging”
Wonderful, thank you
I really need this information, thank you so much for sharing amazing information. I am currently building a website. Little nervous but I am going to make it.
Wishing you all the luck, Tanmai! You can do it 🙂
Thank you so much for this free blog business plan. I want to create a blog, but didn’t have any idea where to start. Honestly, I rarely give my email address to a website because I don’t think the freebies are worth it. In this case, I’m so glad I did. Your How to Create a Blog Business Plan provided everything a new blogger needs to get their ideas organized and understand the purpose behind it. I will be checking out your site in the future for more guidance as my blog gets rolling. Thanks again for the great content!
You’re welcome, Erin! Looking forward to seeing how you do with your blog soon 🙂 and please let me know anytime you have a question I can help with!
Should I use a pen name? In these polarized times, I am not so sure I would want someone to Google my uncommon, generally unpronoucable, unspellable French Canadian surname and find me, or even worse, since my town posts its tax list online, show up at my door.
Writing would be a new business for me, so no loss of continuity. I have a junk Facebook to join a couple of groups, but my hopes of moving have been put on hold so the information is irrevelant until I can. I have not interacted with anyone there. I doubt I even used my real name!
Is there an advantage to incorporating in a state different than the one of residence? When I Googled “ryanrob” to take me back to this site, I noted a different place of incorporation and was curious.
Good question! Using a pen name is totally your choice, I don’t personally go that route but there’s nothing wrong with it. My business is incorporated in California (where I live), and in my experience there are only advantages to be had by incorporating in more tax-friendly states like Delaware (or other countries) once you have a very substantial amount of income—though I’m personally an advocate of contributing my share 🙂
Want my free blog business plan template?
Grab a copy of my blog business plan template (in a Google Doc and PDF) that helped me build a six-figure blog and reach 500,000+ monthly readers today.
How to Create a Blog Business Plan (FREE PDF Included)
Are you looking to create a blog business plan ? Why, you savvy blogger, you! Having a plan in place BEFORE you start trying to monetize your blog is the fastest way to profitability. Read on to see how to create one, and I’ll even give you a free blog business plan PDF for FREE.
Blog Business Plan? Why Bother?
Every business has a business plan. If you want to make income from your blog, you have to make that mental shift from “this is a blog” to “this is a business.” If you have an income goal (which you should), your blog business plan is your roadmap to get there.
Starting a blog without a blog business plan in hand is like going on a road trip without a map or GPS. It may be fun, but you’ll never get to where you want to go.
*This post has affiliate links, which means I may receive a commission if you decide to purchase through a link I provide, at no extra cost to you!
Key Elements of a Blog Business Plan
#1 who is your target audience.
Everything you do with your blog will stem from who your target audience is, what problems they have, and how your blog will solve them. Fail to get this step right, and you will fail to have a profitable blog.
It’s best for you to think of one person who would be the perfect reader for your blog . It’s even better if you know this person in real life. Ask yourself these questions about your target audience:
- What is their gender?
- How old are they?
- What’s their job?
- What are their hobbies?
- Where do they live?
- What frustrations and problems do they have?
- What were their last few purchases?
#2 Who are your competitors?
I prefer to think of them as your inspiration, rather than your competitors. Look for bloggers who are writing about the same topics you want to write about. The aim is NOT to copy them, but to see where their strengths and weaknesses lie, and how you can fill those weaknesses with better content.
It will also help for you to look at how they are monetizing their site.
- Who is their target audience?
- Do they have income reports? Analyze these.
- Do they sell products?
- Are there ads on their site?
Looking at all of these elements will give you an idea of how profitable this niche might be.
#3 How will you get traffic?
Traffic Sources:
- Organic search – Google, Bing, Yahoo, DuckDuckGo. Mainly, though, your search traffic will come from Google.
- Social media – Instagram, Facebook, Pinterest, Twitter, Snapchat. These are all social media.
- Referrals – Referral means traffic that comes from another site linking to you. This can come from guest posts that you wrote that include a link to your blog in your author bio, or interviews you did with another publication that include a link to your blog.
Keywords you can rank for:
For this section, you need to understand SEO, or search engine optimization. To do keyword research, I highly recommend Jaaxy or Keysearch (less expensive than Jaaxy).
Best social media platform to target:
If you want fast traffic, I recommend Pinterest. Every blogger talks about how amazing Pinterest is, right? If you haven’t heard yet, Pinterest is great because, unlike other social networks, it is optimized for clicks. Every image you pin can lead to your blog post. So for each blog post, you need to be creating vertical images with the blog post title and sharing it on Pinterest in a very strategic way. I use Tailwind to schedule my pins. Click here to learn about the ONLY Pinterest marketing course I recommend .
Guest post and collaboration opportunities:
Reach out to bloggers in your niche to see if you can guest post on their site or collaborate in some way. PERSONALIZE each pitch so you don’t end up sounding spammy. I get dozens of guest post pitches to my inbox each month, and most are spam.
#4 What will be your blog income streams?
#1 Advertising
Display ads via an ad network
Everyone says display advertising is dead, but I made $1,000 in October 2017 without lifting a finger. How? I’m a member of Mediavine, an ad network for bloggers.
To start with, you can apply for Google AdSense since there are no minimum traffic requirements. You do need to make sure you have a few blog posts up though and that your blog looks legit; otherwise, your application could be rejected.
You can also try Media.net , a great place to start since they too don’t state a specific minimum traffic requirement.
Popular ad networks:
- Google AdSense
Private ads
This is another route some bloggers take. You can sell ad space in your sidebar or something but directly approaching companies you think might be a good fit for your audience. Simply send them an email with your offer.
#2 Sponsorships
Sponsorships can be paid in cash or “in-kind” compensation. Example: A new hotel in Budapest wants to get coverage by a popular travel blogger. The hotel could pay the travel blogger, but more likely, the hotel will offer a complimentary 3-night stay to the travel blogger for her to review the place.
Alternatively, you can offer sponsored blog posts. Sponsored posts are when bloggers either write a blog post for a company or publish a pre-written post by the company on their own blog. When you get paid to publish a post on your blog, you must disclose by saying something like, “This post is sponsored by [company name].”
Lastly, you can offer sponsored posts on social media. Instagram is a very popular channel for this. If you have tens of thousands of followers, brands may pay you to post a photo of you using their product. Again, this can be in-kind compensation (free product) or paid.
Ways you can find sponsorships:
- Cold pitching
#3 Affiliate Marketing
Affiliate marketing is when you recommend a product and get a commission for each sale made via your affiliate links. When you share affiliate links, you must disclose (it’s an FTC requirement!).
Affiliate marketing is one of my favorite ways to earn income from blogging, because it doesn’t require you to create a product. It allows you to simply earn income from recommending products you use and love!
Products I recommend for learning more about affiliate marketing:
- My biggest recommendation if you’d like to monetize with affiliate marketing is to sign up for the Pajama Affiliates online course .
- I’ve also taken the very popular Making Sense of Affiliate Marketing . You can read my full review of the course here .
Affiliate programs I recommend you sign up for:
- Amazon Associates; – This is a very popular one, and of course, Amazon has almost everything! I use Amazon Associates to recommend products I use when I travel, for example. Just keep in mind that before you apply you must have several posts on your blog and look legit. Otherwise, they may not approve your application.
- SkimLinks – This is one large affiliate network that automatically transforms any link you have on your blog to an affiliate link! This saves you time because instead of applying to each affiliate program individually, you just apply for SkimLinks, and they’ll take care of the rest for you.
- Any of your favorite products, just Google “[product name] affiliate program” to see if one exists.
#4 Services
Selling services is the FASTEST and simplest way to monetize your blog . This is because you don’t need to apply for any network and you don’t have to create a product.
Freelance service examples: Blog coaching, business coaching, tech support, proofreading/editing, content marketing, social media management, copywriting, web design, graphic design, virtual assistance
- I sell freelance copywriting services.
- MeeraKothand.com sells blog coaching services.
- SmashYourToDoList.com sells content writing services.
#5 Your Own Products
Selling your own digital products on your blog has the highest potential of earning the most income. Why? Unlike affiliate products, you’ll get to keep 100% of the sale from your own product (minus payment platform processing fees). Plus, you’ll have more control over the product, and you’ll be able to see more information, such as email addresses of your own customers.
Digital Product Examples: Online courses, eBooks, printables, pitch templates, contract templates
- I used to sell a book about how to start freelancing and a Cusco, Peru, travel guide.
- CreateAndGo.co sells awesome online courses, such as Pinterest Traffic Avalanche (which I LOVE!).
- MeeraKothand.com sells online courses as well as physical books and planners, such as the CREATE Blog & Editorial Planner (that’s the planner I use!).
Physical Products Examples: Physical books, planners, T-shirts, mugs, office products
#5 What are your specific and actionable goals for the first 3 months? 6 months? 1 year?
If you don’t have a destination in mind, how will you know if you’ve reached it? You must always begin with goals in mind for your blog. I like to set goals by quarter (3 months) and by year. It’s OKAY if you don’t reach your goals or if your goals change.
Question 1: What is my blog’s mission? What’s my “why”?
You need to know WHY you’re starting your blog. There are a million ways to make money, and believe me, blogging is not fast.
It can be a slow and painful path to profitability, BUT it’s the most rewarding, to me, because you completely control your schedule, get to help people, and are building an asset that will continue to grow and make money for you (if you do it right).
So why are you starting your blog? Yes, it’s to make money, but WHY? Why not just start a design agency? Or a freelance writing business? Both would be faster.
For me, I started my blog because I want to help others achieve freedom through remote work and travel.
And the reason I want to monetize my blog, my BIG goal, is to retire my parents. They’ve worked so hard all my life to provide for me, and I want to be able to provide for them.
What inspired this goal? I read a blog post by JohnnyFD about how he set up monthly automatic payment of $1,000 to his mom , so she could quit her job and finally relax. How did he do this?
Through his blogging business! When I started my blog, I wanted to do something similar.
Question 2: What will success look like in 3 months?
You NEED to define success. Right now.
Because if you don’t, you will constantly feel like you’re not doing “enough.” You need to know when you’ve reached the milestone. Make it specific.
Don’t just say, “In 3 months, I’d like to make money from my blog.” Wrong. Write something like, “In 3 months, I’d like to reach 10,000 monthly pageviews on my blog.” Or “In 3 months, I’d like to have made my first $100 from my blog.”
Repeat that question for 6 months and 1 year. I prefer to set quarterly goals, so if you want to do that, have goals for every 3 months.
If you’re looking for an in-depth, physical blog planner, I use and HIGHLY recommend the CREATE Planner by blogger Meera Kothand. I ordered and looked at several blog planners, but CREATE is the best blog planner I’ve found.
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How to Create a Bangin’ Blog Business Plan (Workbook Included!)
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Get this: I did a recent survey of my audience (hey, like you!) and almost 75% of the people who responded said that they would love to turn their blog into a full-time business. Awesome, right?
Well, kind of.
Of everyone who responded, only about 15% said that they were actually making a living from their blog right now. So, what gives? What’s with all the people who yearn to do it compared to the small amount of people actually making it happen? For one, if you want to turn your blog into a business, you need to have a solid and strategic plan in place. That’s where today’s post comes into play. I’m going to show you how to create a Blog Business Plan , which is one of the first things you should do if you’re interested in one-day earning a full-time income from your blog.
Also, if The Oprah Winfrey Show ever comes back for an encore, I’d love to see Oprah throw out blog businesses to her audience. You get to earn a full-time income from your blog! And YOU get to earn a full-time income from your blog! Make it happen, O.
Back to business here. 😉 Business plans, at their core, are used by nearly all profitable businesses in the world. Creating a business plan for your blog gives you the opportunity to nail down all of the specifics, do important research, and create strategies that will propel you forward. It is essentially a roadmap of your blog business, written with your audience in mind.
I’ve even got some free worksheets for you, that will guide you through this post and give you a free Blog Business Plan that you can download, print out, and keep forever. Sound good?
Download your free workbook here:
Now, we’re ready to dive in! Let’s do this, yo. Here are the key components of a Blog Business Plan:
Step 1: Executive Summary
“Executive Summary” sounds really fancy pants, doesn’t it? It’s the very first section of your business plan, which is often written last, after everything else comes together. Here’s what you will want to include in your executive summary:
1. Your Mission Statement
This briefly explains what your business is about. What purpose does it serve? Why did you create it?
2. Highlights of Your Growth
If your blog has been around for any span of time, then you can mention the growth that you’ve already received here. You can mention any sort of growth, from an increase in money earned from your blog, to an increase in social media followers or pageviews. All of your growth contributes to your overall blog business, so this section is important (and motivating, yeah?).
3. Your products or services.
You’ll have the chance to talk more about your products and services in a later section, but here, write a couple brief sentences about the monetization methods you are using or the ones you intend to use.
4. Finally, what are your goals?
Here, you get to do some planning for the future! Always exciting, yes? Where do you plan to take your blog business in the future? What are some holy-crap-I-want-to-accomplish-this-one-day goals you have?
HOLD UP. What if you’re brand new to blogging?
In that case, you may not be able to fill out some of the sections above as easily. Instead, focus on your experience and how YOU are able turn your blog into a business. You can think of it as almost like a cover letter — what kind of research have you done and experience do you have that will make your business succeed? After that, make sure to talk about your future goals. Anyone can plan for the future. 😀
Step 2: Blog Business Description
In this section, we’re going to tackle the organization and culture of your blog business. You may not feel like you have a “company culture” just yet, but you are certainly building a brand, which is nearly the same thing. *hair flip* Let’s do this.
1. What sets your blog apart from others?
Take some time to think about this one — why would someone read your blog over another, similar blog? In Step 4, we’re going to do some serious competitor analysis, but for now, just think about how you’re different and what you can do to separate yourself from your competition.
2. Who do you serve?
Your Blog Business Plan basically revolves around your target market. Actually, just about everything that you do for your blog should revolve around them! Without an audience, it will be impossible to grow a community around your blog or turn it into a full-time business. So, get really clear about who you serve.
- How old are they?
- What do they do for a living?
- What brought them to your blog?
- How can you help them?
- What are their future goals or aspirations?
- What are their hobbies?
Keep in mind, even if you are new to blogging and don’t have much of an audience to analyze, you can absolutely still take part in this section. Truthfully, blogging is not about creating content and trying to figure out who is reading it. It’s the opposite — deciding who you want to serve and then creating content that helps that specific type of person. Get it? 😉
Related: How to Choose a Focus for Your Blog (And Why It’s the Most Important Thing You’ll Do As a Blogger)
3. What is your “company culture” or brand personality?
You may not be running a business casual office for your blog, but you still have a brand personality and culture to uphold.
- When people interact with you or your blog, what do you want them to feel?
- What words would you use to describe your blog’s personality?
- What purpose does your blog serve?
The answers to these questions will help to analyze what your brand personality is. Developing a true personality for your blog means that you are consistent. It’s okay to try on different hats at first, but the most successful blogs are ones that have a distinct personality (perhaps similar to your own personality, you little blog hustler, you!).
4. What is the organizational structure of your blog business?
This may not be a concern for you at the moment, but in the future you may want to turn your blog into a recognized “corporation,” like an LLC (Limited Liability Corporation). If you are currently running a blog and accepting money as a blogger, then you obviously need to file taxes on that income. However, as you work with more clients and customers, turning your blog biz into an LLC or Incorporation (Inc) can protect your income and business from things like lawsuits.
If you’re just getting started, I would recommend waiting to turn your blog into an LLC or Inc unless you are in some sort of high-risk blogging industry. *Casually puts on sunglasses like and walks off into the sunset.* When I started my first business through my blog, it took me about a year before I turned it into an LLC. If you are the only employee and choose not to create an LLC or Incorporation, then you are simply known as a “sole proprietor,” which is totally legal and fuss-free.
Related: How to File Taxes as a Blogger
Step 3: Competitor Analysis
Before launching your blog into a business, it’s important to research your competitors and similar blogs, so that you can try to stay ahead of the game. A little warning for you though: When doing your research, make sure of two things:
- You’re researching with analysis eyes, not copycat eyes. It can be easy to look at a competitor’s website and get a flood of ideas for your own blog. Don’t do that, k?
- If your competitors are farther along than you, don’t feel let down. It’s okay if they have a larger following, earn more money, or have some other statistic that has got you feeling like a failure. Remember, you’re here. Right now. Putting in the work. This isn’t about looking at other people and playing the comparison game. This is about being analytical and doing your research so that you can build your own empire. You got this, yo. Promise.
Lastly, I just want to mention that analyzing your competitors is an important part of starting a business, but it doesn’t mean you have to operate from a “competition mindset.” In fact, I’d discourage it. You will get much farther in your blog business if you focus on collaboration and relationships than if you focus on competing with other people. This section is simply another important way for you to do research so that you can build a strong foundation for your future online biz. *fist bump*
Now, when doing your competitor analysis, you’ll want to take the following steps:
1. Identify who your competitors are.
Make a list of all of your competitors. Which other bloggers are in your niche, doing something similar to you or to what you want to do? Which other bloggers have potentially similar products or offerings? Write down who they are, with a link to their website.
Now, if you’re brand new to blogging, then you may not know who your competitors are. Here are a few ways to find them:
- By being active on social media. The more active you are on social media (so long as you’re sharing content for your niche), the more you’ll naturally discover who your potential competitors are. Observe. See who people are talking about, sharing content from, and engaging with.
- By joining Facebook groups. Facebook groups are a fabulous place to learn more about your market and competition. Again, observe in Facebook groups. You’re obviously welcomed (and encouraged) to participate, but make sure that you are also observing what people say. Who do they mention? You can also start a new thread in a Facebook group (so long as it’s not against the group rules) to ask who people’s inspirations are in _____ niche. That should deliver some stellar results!
- By searching for relevant keywords on Google and seeing what pops up. This is one of the easiest strategies. Think of a few “keywords” to describe your blog or niche. For example, if you write about hand-lettering, then some of your keywords might be “hand-letting for beginners” or “best calligraphy tools.” If you type your keywords into Google or Pinterest, whose content pops up first? These may very well be some of your competitors.
2. Research your competitors’ strategies and goals.
Now that you know who your competition is, take some time to research their strategies and goals. Go through their websites and social media accounts.
- What do they promote and how do they promote it?
- Are there any strategies that many of your competitors seem to use (for example, are most of them hosting webinars)?
- What sets them apart from the other competitors on your list?
- What goals do they have? Of course, you may not know the answer to this, but based on your research, what do you feel they are trying to achieve?
3. Know your competitors’ price points and ranges for their products.
If your competition has any products for sale, then write down what the price ranges are for those products. This will give you an overview of how much is typical for a product you may create one day and what your target audience is used to paying.
4. Create a list of your competitors’ strengths and weaknesses.
Finally, after reviewing their websites, strategies, and offerings, you’ll probably have a good idea about what exactly “exists” in your niche and how people are creating their businesses and blog communities. Now it’s time to dig a little deeper. Choose 3-5 of your competitors and make a list of some of their strengths and weaknesses. What do they excel at and what can they improve? And how can you use that knowledge to craft your own, well-rounded strategy?
Again, the competitor analysis is a great way to get more tuned in to the trends and strategies that are alive and kickin’ in your niche.
After you’ve done your competitor analysis? Don’t visit your competitors’ sites again.
Yup. Seriously serious. You will not reach your goals if you spend your time checking in on what everyone else is doing and trying to replicate it. So, do your research, decide what works for you, and then create your own path.
Step 4: Audience Research
In Step 2, you identified who your target market is. Now, we’re going to dig in a little further!
1. Research your audience by doing a survey.
Surveys are a killer way to understand more about your audience without having to guess. You can use free sites like SurveyMonkey or Typeform to create your survey, and then you just need to share it with your peeps. I recommend sharing it with your email list, on your blog, and on social media multiple times during a 1-2 week span of time.
- What will you use to create your survey?
- What are three of the most important questions you can ask that will help you learn more about your audience?
- How will you deliver your survey to your audience and get people to take it?
If your audience is small or currently non-existent, then rather than doing a survey, you can put on your observation glasses and pay attention on social media. Again, things like Facebook groups and Twitter chats are amazing ways to gain more information about your target audience. Just make sure to join groups and chats where your target market would be hangin’ out.
2. How can you help your audience specifically?
Going back to the Brand Personality that we talked about in Step 2 and the Competitor Analysis that we did in Step 3, how can YOU help your audience? What sets your blog apart from others and allows you to help your peeps in a different way? You don’t need to reinvent the wheel here! You can use many of the same strategies that others do, but it’s just about adding your own flair and personality to the things you create.
Step 5: Building Community
Before you launch a product through your blog, it’s essential to first grow your community and audience. If you want to grow a blog business, then you can buy all the e-courses and books you’d like. But if they only give you strategies for creating and launching product, without strategies for first building a strong audience and growing your traffic, then it’s just unlikely you’ll get the same results. For a successful blog, you totally need both: a community and a product.
1. Social media
One of the best ways to build community is by harnessing the power of social media. Social media is a ridiculously helpful space for growing your tribe and increasing your traffic. You can focus on Pinterest for traffic growth , and Twitter/Facebook/Instagram for finding your potential audience members and engaging with them.
So, for your blog business plan, it’s important to create your social media strategy.
- On which platforms will you put the most emphasis?
- Where does your target market hang out the most?
- What strategies will you use on each platform in order to grow your audience and community?
- How will you find your target audience on social media?
Related: 6 Ways to Create a More Engaged Audience on Instagram
2. Email list
In addition to partying on social media, you also want to put a large focus on your email list. Not only will your email list be essential for selling your products, but it will also be an incredible medium for connecting with your audience.
- Which strategies will you use to grow your email list?
- How often will you communicate with your list?
- Which types of things will you send your email list?
- What will you use for your email list’s lead magnet ?
Related: 8 Things You Can Send to Your Email List (For the Blogger Who Has No Idea What to Say)
3. Humanizing your brand
If you’re going to build a true blog business and community, you have to “humanize your brand.” In other words, what steps will you take so that your audience feels connected to you and can relate to you? Remember, people don’t buy from faceless corporations; they buy from people.
Related: How to Prime and Grow Your Audience for Your First Info Product
Step 6: Your Service or Product
Woop woop! It’s time to start planning your monetization strategies. Exciting, right? Now’s your chance to decide how you will turn your blog into a biz. Will you launch services? Will you create an e-product? Here are some steps to get you started.
1. What do/will you sell?
What is a product or service that would help your target market or is something that you know they need (because you did a survey or observed them!)?
Don’t be afraid to get a little detailed here.
- Will it be an e-course?
- How many modules will it have?
- Which topics will it cover?
- How much do you plan to sell it for?
- When will you launch it?
- Will it be a set of services?
- What kind of service packages will you offer?
Related: How to Create and Prepare Your First E-Product
2. How does your product or service benefit your peeps?
Remember, your blog business plan is all about serving your audience . They are the people who can turn your blog into a community and a business, so we want to serve them! Think critically about the monetization method you chose in the previous step…how will that product or service impact the lives of your tribe members? Why do they need or want it?
3. How is your product or service different from what your competitors are selling?
Lastly, go back to your competitor research and take a look at what your competitors are selling and promoting. How is your offering different, or how can you make it different? Is there anything you could add to your offering that would make it feel even more valuable than whatever else is out there?
Step 7: Marketing and Sales Strategy
Holy moly. You are such a trooper for making it this far. Who knew planning a business could be so much work? 😉 But really, you are putting in the effort right now and I am straight up impressed. Finally, we’re going to talk about your marketing and sales strategy, because once you create your products or services, you actually need to promote them! Let’s get started.
1. How will you market your products, services, and blog?
Take a moment to write down the methods that you will use to market your products, services, and blog. Will you use Facebook ads, schedule tweets, create a robust Pinterest strategy ? Write down all of the methods you’ll employ when promoting and marketing your content.
If you’re looking for ways to market your e-product or service, then check out this post where I share a variety of ways to market and launch your offerings.
2. How long will you spend on marketing and promotion per day?
We’re all busy, right? But turning your blog into a business does take some time. Make sure you analyze how much time you’ll realistically be able to spend on marketing and promotion each day and week. You may need to make some sacrifices or move your schedule around, but it will be worth it when you sell your first e-product and realize you’ve got what it takes to create your own business. 🙂
3. If you haven’t started your blog, what strategies will you use to launch it?
Now, if you’re a new blogger, you may need to start by creating a “launch” strategy specifically for your blog! How will your blog come into existence? What are some things you can do to launch your blog with a bang and get people excited about what you create and do?
One simple technique is to launch your blog with 5-10 pre-published (and freakin’ awesome) posts. If you only have one or two posts for your new visitors to browse during your launch, then they might not find anything that’s relevant to them. Creating multiple pieces of content gives them the chance to browse your site for a longer period of time, find something that interests them, and potentially subscribe and get hooked on your brand.
4. What is your growth strategy? In other words, what techniques will you use to continue growing your audience and income?
Finally (finally!), you want to come up with some strategies that you can use to grow your brand. Imagine that your blog has been around for a few months or even years (maybe it has!) — what types of marketing and promotion strategies will you use to keep your growth on the up and up? Will you do monthly webinars? Biweekly guest posts on bigger sites? Hire an assistant? Launch a new course every quarter? Think about some things that you can add to your tool belt, which will keep your blog business growing and thriving.
MAJOR high five to you, friend. I can tell that you’re here because you’re truly ready to take your blog to a new level by turning it into a community and launching your very own blog business. Doing the same for my own blog (this one you’re reading!), was one of the absolute best decisions of my life.
What is something you struggle with in terms of turning your blog into a community and launching your own products? Let’s chat down below!
p.s. If you’re eager to turn your blog into a business, then I’ve got something BIG coming for you at the end of November. Make sure you sign up for the free Blog Business Plan Worksheets here so that you’re notified when more details are released!
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Blog Business Plan Template
Are you a fan of storytelling? If yes, then the decision to start a blog business is one of the wisest choices to spread your voice to a lot of people.
But, do you know, without a proper plan it might fail? If you want a successful blog with millions of readers and a lot of affiliate offers, then start it on the right foot.
Get assistance in crafting a business plan for your blog business with the help of our blog business plan template.
How to Write a Blog Business Plan?
Writing a blog business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:
1. Executive Summary
An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.
Here are a few key components to include in your executive summary:
Introduce your Business
Start your executive summary by briefly introducing your business to your readers.
This section may include the name of your blog business, the website’s name, the type of blog business (E.g., fitness blog, educational blog), etc.
Highlight the blog niche you will work in. The USPs and differentiators you offer are always a plus. You may even include examples to show your work to the readers.
Marketing & Sales Strategies
Outline your sales and marketing strategies—what marketing platforms you use, how you plan on acquiring more viewers, etc.
Financial Highlights
Briefly summarize your financial projections for the initial years of business operations. Include any capital or investment requirements, associated startup costs, projected revenues, and profit forecasts.
Call to Action
Summarize your executive summary section with a clear CTA, for example, inviting other bloggers to work with you.
Ensure your executive summary is clear, concise, easy to understand, and jargon-free.
2. Business Overview
The business overview section of your business plan offers detailed information about your company. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:
Business Description
Describe your business in this section by providing all the basic information like name, website domain authority, etc.
Describe what kind of blog business you run and the name of it. You may specialize in one of the following blog businesses:
- Personal blogs
- Niche blogs
- Finance blogs
- Photography blogs
- News media blogs
- Review blogs
- Educational blogs
List the names of your blog company’s founders or owners. Describe what shares they own and their responsibilities for efficiently managing the business.
Business History
If you’re an established blog service provider, briefly describe your business history, like—when it was founded, how it evolved over time, etc.
Additionally, If you have received any awards or recognition for excellent work, describe them.
Future Goals
It’s crucial to convey your aspirations and vision. Mention your short-term and long-term goals; they can be specific targets for revenue, market share, or expanding your niche.
This section should provide a thorough understanding of your business, its history, and its plans. Keep this section engaging, precise, and to the point.
3. Market Analysis
The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.
Target market
Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers. For example:
The target market of TrendWave Insights
TrendWave Insights aims to capture the attention of a diverse and tech-savvy audience seeking valuable insights into emerging trends across various industries.
The target market likely includes professionals, entrepreneurs, and enthusiasts interested in staying ahead of the curve in areas such as sustainability, remote work, wellness, technology, e-learning, health tech, cryptocurrency, diversity and inclusion, and digital marketing. With a focus on providing in-depth analyses and expert perspectives,
TrendWave Insights appeals to individuals and businesses looking for actionable insights and a nuanced understanding of the evolving landscape.
Market size and growth potential
Describe your market size and growth potential and whether you will target a niche or a much broader market.
For example, the number of bloggers in the United States alone was around 32 million in 2020, so you can imagine the competition and market size in the current times.
Competitive Analysis
Identify and analyze your direct and indirect competitors. Identify their strengths and weaknesses, and describe what differentiates your blog page from them. Point out how you have a competitive edge in the market.
Market Trends
Analyze emerging trends in the industry, such as technology, changes in audience behavior or preferences, etc. Explain how your business will cope with all the trends. For example:
Market trends for TrendWave Insights
TrendWave Insights navigates a dynamic market where trends spotlight sustainability, remote work, wellness, and tech innovations. E-learning, health tech, and diverse, equitable practices are on the rise.
E-commerce evolves with personalization and cryptocurrency gains traction. Post-pandemic, hybrid work and digital marketing innovations shape consumer behavior. The entertainment industry has shifted to streaming and niche content. Space exploration, cybersecurity, and privacy also make waves in TrendWave’s trend-spotting journey.
Regulatory Environment
List regulations and licensing requirements that may affect your blog business, such as business registration, insurance, copyright & intellectual property laws, privacy & data protection, etc.
Here are a few tips for writing the market analysis section of your blog business plan:
- Conduct market research, industry reports, and surveys to gather data.
- Provide specific and detailed information whenever possible.
- Illustrate your points with charts and graphs.
- Write your business plan keeping your target audience in mind.
4. Products And Services
The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:
Describe your services
Mention the blog services your business will offer. This list may include services like:
- Content creation
- SEO services
- Social media management
- Email marketing
- Affiliate marketing
Additional Services
Mention if your blog business offers any additional services. You may include services like content marketing consultation, guest posting services, online courses, etc.
In short, this section of your blog plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.
5. Sales And Marketing Strategies
Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:
Unique Selling Proposition (USP)
Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies. For example:
Unique Selling Proposition of TrendWave Insights
At TrendWave Insights, we ride the crest of innovation, bringing you a tidal wave of the latest trends across diverse industries. What sets us apart is our commitment to not just reporting trends but diving deep into their impact.
Our seasoned editorial team curates content that goes beyond the surface, providing you with insightful analyses, expert perspectives, and actionable insights. Whether you’re a trendsetter, business enthusiast, or simply curious about the world’s latest waves, TrendWave Insights is your beacon to stay ahead, understand the currents, and ride the trends with confidence.
Marketing Strategies
Discuss your marketing strategies to market your services. You may include some of these marketing strategies in your business plan—social media marketing, Google ads, email marketing, content marketing, and affiliate marketing.
Sales Strategies
Outline the strategies you’ll implement to maximize your sales. Your sales strategies may include loyalty programs, offers to repeat customers, referral programs, etc.
Customer Retention
Describe your customer retention strategies and how you plan to execute them. For instance, introducing loyalty programs, personalized service, etc.
Overall, this section of your blog business plan should focus on customer acquisition and retention.
Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your blog business, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.
6. Operations Plan
The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:
Staffing & Training
Mention your blog business’s staffing requirements, including the number of employees or writers needed. Include their qualifications, the training required, and the duties they will perform.
Operational Process
Outline the processes and procedures you will use to run your blog business. Your operational processes may include meeting clients, training employees, and blogging.
Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.
7. Management Team
The management team section provides an overview of your blog business’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.
Founders/CEO
Mention the founders and CEO of your blog business, and describe their roles and responsibilities in successfully running the business.
Key managers
Introduce your management and key members of your team, and explain their roles and responsibilities.
Organizational structure
Explain the organizational structure of your management team. Include the reporting line and decision-making hierarchy.
Compensation Plan
Describe your compensation plan for the management and staff. Include their salaries, incentives, and other benefits.
Advisors/Consultants
Mentioning advisors or consultants in your business plans adds credibility to your business idea.
So, if you have any advisors or consultants, include them with their names and brief information consisting of roles and years of experience.
Here is an example of the management team:
The management team of TrendWave Insights
Founder and CEO – Jessica Reynolds
Jessica is the driving force behind TrendWave Insights. With a background in journalism and a keen interest in emerging trends, she founded the blog to provide readers with insightful content on the latest trends in various industries. Jessica sets the strategic vision for the blog, emphasizing the importance of staying ahead in the ever-evolving landscape of trends and innovation.
Editor-in-Chief – Benjamin Hayes
Benjamin is the editorial lead at TrendWave Insights. With a wealth of experience in journalism and content creation, he ensures that the blog produces high-quality and engaging content. Benjamin oversees the editorial team, guiding them in curating content that reflects the most relevant and impactful trends.
This section should describe the key personnel for your blog business, highlighting how you have the perfect team to succeed.
8. Financial Plan
Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:
Profit & loss statement
Describe details such as projected revenue, operational costs, and service costs in your projected profit and loss statement. Make sure to include your business’s expected net profit or loss.
Cash flow statement
The cash flow for the first few years of your operation should be estimated and described in this section. This may include billing invoices, payment receipts, loan payments, and any other cash flow statements.
Balance Sheet
Create a projected balance sheet documenting your blog business’s assets, liabilities, and equity.
Break-even point
Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.
This exercise will help you understand how much revenue you need to generate to sustain or be profitable.
Financing Needs
Calculate costs associated with starting a blog business, and estimate your financing needs and how much capital you need to raise to operate your business. Be specific about your short-term and long-term financing requirements, such as investment capital or loans.
Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.
9. Appendix
The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.
- Add a table of contents for the appendix section to help readers easily find specific information or sections.
- In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
- Provide data derived from market research, including stats about the blog industry, user demographics, and industry trends.
- Include any legal documents such as permits, licenses, and contracts.
- Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.
Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.
Remember, the appendix section of your blog business plan should only include relevant and important information supporting your plan’s main content.
This sample blog business plan will provide an idea for writing a successful blog plan, including all the essential components of your business.
After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our blog business plan pdf .
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Frequently asked questions, why do you need a blog business plan.
A business plan is an essential tool for anyone looking to start or run a successful blog business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.
Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your blog company.
How to get funding for your blog business?
There are several ways to get funding for your blog business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:
- Bank loan – You may apply for a loan in government or private banks.
- Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
- Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
- Angel investors – Getting funds from angel investors is one of the most sought-after startup options.
Apart from all these options, there are small business grants available, check for the same in your location, and you can apply for it.
What is the easiest way to write your blog business plan?
A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any blog business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business planning software .
How do I write a good market analysis in a blog business plan?
Market analysis is one of the key components of your business plan that requires deep research and a thorough understanding of your industry.
We can categorize the process of writing a good market analysis section into the following steps:
- Stating the objective of your market analysis—e.g., investor funding.
- Industry study—market size, growth potential, market trends, etc.
- Identifying target market—based on user behavior and demographics.
- Analyzing direct and indirect competitors.
- Calculating market share—understanding TAM, SAM, and SOM.
- Knowing regulations and restrictions
- Organizing data and writing the first draft.
Writing a marketing analysis section can be overwhelming, but using ChatGPT for market research can make things easier.
Can a good blog business plan help me secure funding?
Indeed. A well-crafted blog business plan will help your investors better understand your business domain, market trends, strategies, business financials, and growth potential—helping them make better financial decisions.
So, if you have a profitable and investable business, a comprehensive business plan can certainly help you secure your business funding.
About the Author
Vinay Kevadiya
Vinay Kevadiya is the founder and CEO of Upmetrics, the #1 business planning software. His ultimate goal with Upmetrics is to revolutionize how entrepreneurs create, manage, and execute their business plans. He enjoys sharing his insights on business planning and other relevant topics through his articles and blog posts. Read more
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4+ SAMPLE Blog Business Plan in PDF
Blog business plan, 4+ sample blog business plan, what is a blog business plan, different types of blogs, reasons to make a blog, how to write a blog business plan, what are the advantages of having a blog, what is a blog exit strategy, can a blog become a business.
Blog Business Plan Template
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Step 1: create an executive summary, step 2: brand identity overview, step 3: blog content overview, step 4: blog marketing and promotion strategies, step 5: develop a thorough competitor analysis, step 6: blog monetization plan, share this post on your network, you may also like these articles.
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Free PDF Business Plan Templates and Samples
By Joe Weller | September 9, 2020
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We’ve gathered the most useful collection of business plan PDF templates and samples, including options for organizations of any size and type.
On this page, you’ll find free PDF templates for a simple business plan , small business plan , startup business plan , and more.
Simple Business Plan PDF Templates
These simple business plan PDF templates are ready to use and customizable to fit the needs of any organization.
Simple Business Plan Template PDF
This template contains a traditional business plan layout to help you map out each aspect, from a company overview to sales projections and a marketing strategy. This template includes a table of contents, as well as space for financing details that startups looking for funding may need to provide.
Download Simple Business Plan Template - PDF
Lean Business Plan Template PDF
This scannable business plan template allows you to easily identify the most important elements of your plan. Use this template to outline key details pertaining to your business and industry, product or service offerings, target customer segments (and channels to reach them), and to identify sources of revenue. There is also space to include key performance metrics and a timeline of activities.
Download Lean Business Plan Template - PDF
Simple 30-60-90 Day Business Plan Template PDF
This template is designed to help you develop and implement a 90-day business plan by breaking it down into manageable chunks of time. Use the space provided to detail your main goals and deliverables for each timeframe, and then add the steps necessary to achieve your objectives. Assign task ownership and enter deadlines to ensure your plan stays on track every step of the way.
Download Simple 30-60-90 Day Business Plan Template
PDF | Smartsheet
One-Page Business Plan PDF Templates
The following single page business plan templates are designed to help you download your key ideas on paper, and can be used to create a pitch document to gain buy-in from partners, investors, and stakeholders.
One-Page Business Plan Template PDF
Use this one-page template to summarize each aspect of your business concept in a clear and concise manner. Define the who, what, why, and how of your idea, and use the space at the bottom to create a SWOT analysis (strengths, weaknesses, opportunities, and threats) for your business.
Download One-Page Business Plan Template
If you’re looking for a specific type of analysis, check out our collection of SWOT templates .
One-Page Lean Business Plan PDF
This one-page business plan template employs the Lean management concept, and encourages you to focus on the key assumptions of your business idea. A Lean plan is not stagnant, so update it as goals and objectives change — the visual timeline at the bottom is ideal for detailing milestones.
Download One-Page Lean Business Plan Template - PDF
One-Page 30-60-90 Day Business Plan Template
Use this business plan template to identify main goals and outline the necessary activities to achieve those goals in 30, 60, and 90-day increments. Easily customize this template to fit your needs while you track the status of each task and goal to keep your business plan on target.
Download One-Page 30-60-90 Day Business Plan Template
For additional single page plans, including an example of a one-page business plan , visit " One-Page Business Plan Templates with a Quick How-To Guide ."
Small Business Plan PDF Templates
These business plan templates are useful for small businesses that want to map out a way to meet organizational objectives, including how to structure, operate, and expand their business.
Simple Small Business Plan Template PDF
A small business can use this template to outline each critical component of a business plan. There is space to provide details about product or service offerings, target audience, customer reach strategy, competitive advantage, and more. Plus, there is space at the bottom of the document to include a SWOT analysis. Once complete, you can use the template as a basis to build out a more elaborate plan.
Download Simple Small Business Plan Template
Fill-In-the-Blank Small Business Plan Template PDF
This fill-in-the-blank template walks you through each section of a business plan. Build upon the fill-in-the-blank content provided in each section to add information about your company, business idea, market analysis, implementation plan, timeline of milestones, and much more.
Download Fill-In-the-Blank Small Business Plan Template - PDF
One-Page Small Business Plan Template PDF
Use this one-page template to create a scannable business plan that highlights the most essential parts of your organization’s strategy. Provide your business overview and management team details at the top, and then outline the target market, market size, competitive offerings, key objectives and success metrics, financial plan, and more.
Download One-Page Business Plan for Small Business - PDF
Startup Business Plan PDF Templates
Startups can use these business plan templates to check the feasibility of their idea, and articulate their vision to potential investors.
Startup Business Plan Template
Use this business plan template to organize and prepare each essential component of your startup plan. Outline key details relevant to your concept and organization, including your mission and vision statement, product or services offered, pricing structure, marketing strategy, financial plan, and more.
Download Startup Business Plan Template
Sample 30-60-90 Day Business Plan for Startup
Startups can use this sample 30-60-90 day plan to establish main goals and deliverables spanning a 90-day period. Customize the sample goals, deliverables, and activities provided on this template according to the needs of your business. Then, assign task owners and set due dates to help ensure your 90-day plan stays on track.
Download Sample 30-60-90 Day Business Plan for Startup Template
For additional resources to create your plan, visit “ Free Startup Business Plan Templates and Examples .”
Nonprofit Business Plan PDF Templates
Use these business plan PDF templates to outline your organization’s mission, your plan to make a positive impact in your community, and the steps you will take to achieve your nonprofit’s goals.
Nonprofit Business Plan Template PDF
Use this customizable PDF template to develop a plan that details your organization’s purpose, objectives, and strategy. This template features a table of contents, with room to include your nonprofit’s mission and vision, key team and board members, program offerings, a market and industry analysis, promotional plan, financial plan, and more. This template also contains a visual timeline to display historic and future milestones.
Download Nonprofit Business Plan Template - PDF
One-Page Business Plan for Nonprofit Organization PDF
This one-page plan serves as a good starting point for established and startup nonprofit organizations to jot down their fundamental goals and objectives. This template contains all the essential aspects of a business plan in a concise and scannable format, including the organizational overview, purpose, promotional plan, key objectives and success metrics, fundraising goals, and more.
Download One-Page Business Plan for Nonprofit Organization Template - PDF
Fill-In-the-Blank Business Plan PDF Templates
Use these fill-in-the-blank templates as a foundation for creating a comprehensive roadmap that aligns your business strategy with your marketing, sales, and financial goals.
Simple Fill-In-the-Blank Business Plan PDF
The fill-in-the-blank template contains all the vital parts of a business plan, with sample content that you can customize to fit your needs. There is room to include an executive summary, business description, market analysis, marketing plan, operations plan, financial statements, and more.
Download Simple Fill-In-the-Blank Business Plan Template - PDF
Lean Fill-In-the-Blank Business Plan PDF
This business plan is designed with a Lean approach that encourages you to clarify and communicate your business idea in a clear and concise manner. This single page fill-in-the-blank template includes space to provide details about your management team, the problem you're solving, the solution, target customers, cost structure, and revenue streams. Use the timeline at the bottom to produce a visual illustration of key milestones.
Download Fill-In-the-Blank Lean Business Plan Template - PDF
For additional resources, take a look at " Free Fill-In-the-Blank Business Plan Templates ."
Sample Business Plan PDF Templates
These sample business plan PDF templates can help you to develop an organized, thorough, and professional business plan.
Business Plan Sample
This business plan example demonstrates a plan for a fictional food truck company. The sample includes all of the elements in a traditional business plan, which makes it a useful starting point for developing a plan specific to your business needs.
Download Basic Business Plan Sample - PDF
Sample Business Plan Outline Template
Use this sample outline as a starting point for your business plan. Shorten or expand the outline depending on your organization’s needs, and use it to develop a table of contents for your finalized plan.
Download Sample Business Plan Outline Template - PDF
Sample Business Financial Plan Template
Use this sample template to develop the financial portion of your business plan. The template provides space to include a financial overview, key assumptions, financial indicators, and business ratios. Complete the break-even analysis and add your financial statements to help prove the viability of your organization’s business plan.
Download Business Financial Plan Template
PDF | Smartsheet
For more free, downloadable templates for all aspects of your business, check out “ Free Business Templates for Organizations of All Sizes .”
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How To Craft Your Blog Business Plan (Template Included!)
If you’re just starting out, chances are that you would want to create a blog business plan for your business.
If you want to create a successful blog + biz, you need a plan. You can’t just launch a website (although that’s important) and hope that it would work out.
Yes – your blog business plan is your blog’s BLUEPRINT.
But first, if you have not started your blog yet, here’s a step-by-step tutorial on how to start a blog .
You’re back? Great! I will share with you the exact blog business plan template I used… when I first started this blog.
Sounds good?
A blog business plan is great because you get real clear on the direction, goals and vision of your business, leaving no stone unturned. When you organize your thoughts and plans into one central place, it increases the chances of you starting a successful blog .
Clarity = better business!
Without further ado, here are the components of my blog business plan:
You should come up with a brand name. This is the same as your blog name. Don’t need to go over the top – keep it simple. Here’s a tutorial on how to pick a blog name , if you need help.
- Vision & mission of your brand
What’s the vision you have for your blog + business? Why are you doing what you are doing?
- Your brand style
Your branding has to look cohesive. Create a cohesive and attractive brand style. Decide on your brand colors, brand fonts and other aesthetic aspects of your brand. This will be incorporated uniformly across your website, social media platforms, and other collaterals.
- Brand vibes/ values
This is threading into the more intangible part of your brand: What vibe/ values do you want people to associate your brand with?
For instance, for me, its no-nonsense, smart, action-oriented, etc.
2. NICHE & TARGET AUDIENCE
- Target audience
Who are you targeting (specifically) with your website? Why? For more info, there’s a tutorial about defining your target audience on this blog as well.
- Competitors (VERY IMPORTANT)
Who are your competitors? Go scope out the situation. I always tell my 1:1 private clients: You don’t open an offline ice-cream store without checking out the other ice-cream stores down the street, do you?
The same applies to your online biz. One does not simply start a blog without knowing who else is in business.
- Points of difference
This is something I always like to do with all my businesses. How are you different from your competitors?
This could be your experience, your personality, certain things you cover, your brand positioning, better design, better service etc. There’s an article about how to make your brand stand out that could be helpful for you.
- Infrastructure
What host will you be on? What domain name provider will you use? Check out this tutorial on how to start a blog for more information about this.
I highly recommend that you use SiteGround as your host – their support is THE BEST, and my website runs perfectly with them. I have lost count of the number of times that SiteGround has saved me from losing sleep because something on my website messed up.
You also need a website theme – I recommend Divi (very customizable, great for beginners) or Genesis (for the more tech savvy ones).
The best option is my done-for-you website kit made with Divi where you can get an amazing website up by this week… all for a fraction of Divi’s website! Check out Your Stunning Website 🙂
- Content Planning
What topics will you blog about? Having some idea of what your blog content will consist of. This will save you valuable time later. Make sure it is something that your target audience (that you’ve decided earlier) would want.
Also, how often will you post?
4. EMAIL LIST BUILDING
For my long-term readers you would know that I’m big on email marketing.
If you are new and don’t really know why you need an email list ASAP, check out this post: Why Building an Email List is a MUST for Your Blog & Business
I highly recommend Convertkit . I love Convertkit so much because it’s just so easy to use, while giving me a ton of functions that my business needs at an affordable price. Click here to check out Convertkit and get your email list started! Feel free to email me if you’ve any questions about using it.
With that out of the way, some things you need to think about:
- What will you be sending to your subscribers?
For more ideas, you can check out my post about newsletter content ideas to send and engage your subscribers.
- How often will you send an email out to your subscribers?
Best to get this out of the way and decide once and for all. Once a week is a safe decision.
5. MARKETING: SOCIAL MEDIA
Social media is a huge part of marketing your blog + business for most entrepreneurs.
- Facebook fan page strategy
Chances are you will want to create a Facebook business page. You need a plan for that! Some things you’ll have to decide and plan for include: What will you post on the page (make sure it is interesting to your target audience)? How often will you post on your Facebook page?
- Facebook group
Many people decide to create a Facebook group. You can check out mine here .
You don’t need to have a Facebook group. Feel free to skip this section (or any other section in the social media section, actually). Not every business has to be on every single social media platform.
So… do the same for every other social media platform you want to be on:
What’s your Pinterest strategy , if any?
What’s your Instagram strategy, if any?
What’s your Twitter strategy, if any?
Rinse and repeat for any other social media platform that you intend to use to market your online business . REMEMBER, only write a business plan out for social media platforms that you intend to use. Otherwise, you’re just wasting your time. You don’t need to be everywhere.
6. MARKETING: OTHER STRATEGIES
Here, you plan for any other ways that you intend to market your business.
For instance, you could choose to collaborate with other businesses, or do networking events offline, etc. Whatever it is, be sure to include it in your blog business plan.
How will you be marketing your business via these channels? When will you start? Who will you be working with? Etc. [Tweet “Great post on how to craft your blog business plan, template included!”]
7. MONETIZATION
No money, no business. Simple as that. You can’t run a charity, trust me!
- Financial goals
What’s your income goal that you aim to reach for this blog + business? Make sure that it’s a specific income goal, and have a timeframe for it too.
- How do you intend to monetize?
What are some monetization channels that you intend to use for your blog? For extra help, you may find my post about having an online business model as well as my post about different online business ideas (where I explore different monetization methods) helpful.
Relevant posts:
- Why I Switched To Teachable To Host And Sell My Online Courses
- The Ultimate Guide: How to Become a Successful Infopreneur Online
- How to Create an Online Course in 72 Hours (With Guided Instructions!)
- How to Sell Online Courses 101
- 10 Highly Effective Tips To Get More Clients Online (From My Personal Experience!)
For me, I do 1:1 coaching (check out how you can work with me here – that’s hands-down the best way you can get success for your blog + biz, as you get personal attention and guidance from a coach that has been there before), courses (I provide step-by-step guidance and give my best tips in my quality courses), and affiliate marketing by recommending helpful blogging tools and resources that you can view here .
(Update 2021: I no longer do 1:1 coaching. You can check out my programs instead!)
What about you? 🙂
8. ACTION PLAN
Break down what you have to do for your business week by week. I recommend that you have an action plan down for the next 3 months or so.
Having a deadline for certain activities will work wonders for your blog + biz. What will you do each week of your business?
No action, no results! 🙂
That’s all, folks!
I hope that you have found this helpful.
New pin design?
God bless, Raelyn
P.S. Want comprehensive guidance on how you can attract an online audience and get more traffic?
That’s exactly where my signature course, List Building Incubator will help. It’s my step-by-step system to grow & monetize your email list. Check it out here .
A tiny request: If you liked this post, please share this?
I know most people don’t share because they feel that us bloggers don’t need their “tiny” social share. But here’s the truth…
I built this blog piece by piece, one small share at a time, and will continue to do so. So thank you so much for your support, my reader.
A share from you would seriously help a lot with the growth of this blog.
Some great suggestions: – Pin it! (I even made a pretty pin for ya!) – Share it to your favorite blog + biz Facebook group – Tweet it!
It won’t take more than 10 seconds of your time. The share buttons are right here. 🙂
Thank you so much!
If you enjoyed this post, get updates from me. (it’s FREE)
You’re awesome for staying till the end. Signup for my newsletter below.
I send email updates about new posts, and tips and tricks to build & monetize your online business.
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Warning: Don’t just focus on traffic. {strong opinion inside}
Short but very important blog post ahead!
Most bloggers have an obsession with traffic.
And that’s completely understandable.
I mean, when I first started, traffic was one of my biggest concern.
It is important, but not as important as growing your email list.
For now, let me challenge your thinking as an entrepreneur.
[click to continue…]
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Blog Business Plan Template
Published Nov.11, 2013
Updated Apr.19, 2024
By: Jakub Babkins
Average rating 5 / 5. Vote count: 2
No votes so far! Be the first to rate this post.
Table of Content
Introduction
As a blogger, you may have decided a theme and overall ideology. However, you may not have a clear direction without proper planning. You need a blog business plan to achieve the ultimate goal. It presents methods for content creation, revenue generation, and business that your blog is designed for.
Frequently asked questions of the blog
When starting a blog business plan , here are the questions to look for –
- What are the purposes behind your blog?
- What would be the cost of the domain and hosting of the blog site?
- Who will be in your team?
- Would you promote your blog online or offline?
- What will be your business goals?
Executive Summary
The term ‘Executive Summary’ sounds fancy. Well, it is the first part of your blog business plan example , but usually written last. Take your time for this section. You need to explain what your business is all about. Explain the purpose of your business, i.e. to connect with current customers, attract customers to your business, provide consulting, build loyalty, etc.
Business Description
When writing a business plan for a blog, you need to discuss the culture and organization of your blog business. You may not feel like you are running a company, but you are building a brand, which is almost a similar thing. You need to explain what maintains your blog ahead in the market.
Competitive Analysis
Before you write a blog business plan example , you need to research the blogs like yours and your competitors so it can help you stay ahead of the game. Be sure to research for analysis purpose, not for stealing ideas. It is no big deal if they have more income or a huge fan base. It is about doing your own research, so you can start building the empire you can call your own.
Audience research
Now that you know about your target market, you need to dig a bit deeper. Surveys are the best ways to know about audience without any guesswork. If your audience base is small, you can observe them on social media. Twitter chats and Facebook groups can give you valuable insight into your target audience.
When wondering how to write a business plan for a blog , you also have to create monetizing strategies. You can decide how you can monetize your blog. Will you offer any online product like software, PDF, business plan application mobile , etc., or services? You need to offer something that your audience needs.
Before getting started with a product using your blog, you need to grow your audience base and community. In order to develop a blog business plan, you can buy books or online courses you like. If they just give strategies to launch and create a product, you may not get the same results without strategies to build a strong audience base and grow your traffic. You need both a product and community to create a successful blog that works.
Financial plan
When creating a financial plan for your blog, you need to define proforma expense and revenue reports for five years and breakeven analysis. You should consider your budget in this section of the business plan for blog . You can start with just $100 or go high at around $10,000. On average, you can earn from $100 to $500 per month, in an ideal scenario.
How to order writing business plan blog?
If you are looking for an internet blog business plan , OGS Capital is your best partner. Our experts create a business plan for all types of businesses. We offer the well-crafted plan for ongoing operations and startups. We can come up with strategies to help you attract investors.
Download Blog Business Plan Template in pdf
Professional writers OGS capital specialized also on a theme such as business plan for freelance , data entry business plan , business plan for a digital printing , magazine publishing business plan , YouTube video channel business plan and many other business plans.
OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.
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Business Plan Templates
Free Download
2 Essential Templates For Starting Your Business. Available as an interactive PDF or a Google Docs template.
With this business plan template, you'll be able to:
- Write a company description that sells your story
- Plan for the future: lay out goals and metrics for success
- Describe your product line in detail and plan for how to stand out from competitors
- Consider any legal formalities that require attention when starting your business
- Put together necessary financial projections to make a strong start
- Create your buyer persona and determine your product/marketing fit
Build A Business Plan That Works
Available as a one-page interactive PDF and a full template on both Google Docs and Microsoft Word!
Whether you’re starting a business or drafting a formalized document with your current business goals, it’s important to clearly defi ne the scope of all aspects of the venture — from mission, to target customers, to fi nances, and beyond.
When just starting out, it can be tempting to think of a business plan as simply your company’s name and a description of your product or service. But in reality, planning a business involves thinking through a lot more details.
In this business plan template we’ll guide you through the steps of writing company and product descriptions, setting sales and marketing goals and plans, and thinking through legal and fi nancial logistics. We've included a plain text, designed , and completed example version of this template.
Frequently Asked Questions (FAQs)
How do you write a business plan.
A business plan is a formal written document that you can use to identify the purpose of your company, make important decisions about your future and help grow your company. HubSpot's free business plan templates provides guidance to establishing your company mission, customer research, competition, and a business strategy to profitability.
Why do I need to fill out the information requested?
We will always keep your personal information safe..
We ask for your information in exchange for a valuable resource in order to (a) improve your browsing experience by personalizing the HubSpot site to your needs; (b) send information to you that we think may be of interest to you by email or other means; (c) send you marketing communications that we think may be of value to you. You can read more about our privacy policy here .
Where can I get a free business plan template?
HubSpot's Free Business Plan Templates are the best way to create a professional, thorough business plan. The templates include instructions and everything you need to know about starting your company.
Is this really free?
Absolutely.
Just sharing some free knowledge that we hope you’ll find useful. Keep us in mind next time you have marketing questions!
What are the basic format of a business plan?
A business plan is a written document that outlines the company's goals, strategy and implementation. The format of the plan varies depending on the type of organization (e.g., for-profit or nonprofit) and size, but most plans share some common features such as an overview, executive summary, and financial information.
What is the best business plan template?
A great business plan template clearly defines the scope of the venture -- from mission, to target customers, to finances, and beyond. HubSpot's business plan template will guide you through the steps of writing company and product descriptions, setting sales and marketing goals and plans, and thinking through legal and financial logistics.
What is needed to start a business?
If you're thinking about starting a business, you'll need to do some research first. You can't just start a business without doing any market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. After that, write your business plan so that you know how much money and time it will take for the project to succeed. Use HubSpot's free business plan template today!
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Business Plan Template for Small Businesses
Business planning can feel complicated. it doesn't have to be. start putting pen to paper today with your free business plan template download..
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Why you need a business plan template
Writing a business plan can seem like a big task, especially if you’re starting a business for the first time and don’t have a financial background. After all, business plans have changed over the years, and what lenders and investors expect now is different than it was even just 10 years ago.
But using a business plan template will help you:
- Develop a strategy for success
- Reduce the risk of starting a business
- Explore new business ideas
- Attract investors and get funding
Learn more about how you can get value out of your business plan .
What is included in this free business plan template?
This business plan template includes definitions, guidance, and examples for every business plan component needed to start, fund, and grow your business.
After downloading the full template of a business plan, you’ll receive instructions on how to fill out each of the following sections.
Executive summary
The brief summary of your business plan introduces everyone to your business, the problem you solve, and what you’re asking from your readers. It’s the first chapter of your business plan and the last thing you write once you have the details from your full plan.
Problem & solution
More than a simple description of your products and services – here you define the problem you’re solving and the value you provide. It’s also your chance to showcase any initial traction that shows you’re on the right track.
Market analysis and target market
A detailed assessment of the market you intend to enter, including the size and value of the market, potential customer segments, and their buying patterns.
Competition
Show that you know who your competitors are, what advantages you have, and how you’re positioning your business to be competitive.
Marketing & sales
Describe how you’ll reach and sell to potential customers with a detailed sales plan and chosen marketing channels.
What makes your business run? Outline the day-to-day workflows and what needs to be set up for your business to deliver a product or service.
Milestones & metrics
Set goals for your business that include the dates and people responsible for accomplishing them. This is what you’ll use to manage responsibilities, track growth, and execute your larger strategy.
Company overview and team
Provide a brief rundown of the legal and structural components of your company, including your history, current team, and gaps you need to fill.
Financial plan
Create well-structured and accurate financial statements to help you pitch to investors, land funding, and achieve long-term success. All without the help of a financial advisor or a degree in accounting.
While not required, this last section of your business plan is a great place to drop in additional documents that support and strengthen the rest of your plan.
How do you write a simple business plan?
If you’re exploring a business idea and don’t plan to pursue funding, then you actually don’t need to write a traditional business plan. Instead, opt for a one-page plan , which is far easier to create but just as effective.
To write a simple one-page business plan, follow the same core sections as a traditional plan. But instead of lengthy paragraphs and multiple pages covering each area of your business, stick with single sentences and bulleted lists.
If a one-page plan sounds like a better option, download our free simple one-page business plan template to get started.
Start your business plan today
Whether you're writing a business plan to validate your business idea, secure funding, or grow your existing business – our free business plan template will help you achieve your goals.
Business plan template FAQ
What file formats are available for this business plan template?
Our free business plan template is available to download in a number of common file formats including Google Docs, Microsoft Word (doc.x), or as a free business plan PDF . You only have to provide your email address once in order to access all file types for this business plan template.
Can you print out this template for a business plan?
This is a printable business plan template—no matter if you download it as a pdf or word document, or access via Google Docs. The template is pre-formatted and structured to fit lender and investor standards, but can be edited and adjusted to suite your needs before printing. Just be aware that any changes may unintentionally break the template, so make sure to review before printing.
Why should I start with a business plan template?
You should start with a good business plan template (like this one) to avoid having to make guesses about what to include in your business plan and how to structure the document. This business plan template helps you organize your thoughts, and provides guidance, instructions, and examples to create an investor-ready and SBA-approved business plan format. It really speeds up the planning process. Oh, and it's 100% free!
Can I write a business plan myself?
You can absolutely write a business plan by yourself. Millions of entrepreneurs have been in your exact situation and have been able to write complete, detailed, and useful business plans. By using a business plan template, you can speed up the writing process, avoid costly mistakes, and write your business plan without having to pay for additional support.
What are the steps to write a business plan?
The steps to write a business plan include:
- Defining the opportunity: Explain the problem your business solves, the solution you offer, your target market, and the competitive landscape.
- Describing how you'll execute: Outline your marketing and sales strategies, operational plan, milestones, and success metrics.
- Adding company details: Provide information about your business structure, ownership, and team.
- Creating a financial plan and forecasts: Include detailed financial statements, forecasts, and funding requirements.
- Adding supplementary info to your appendix: Add any additional information, such as resumes, permits, and other relevant documents.
- Summarizing your plan: While it may be first, do your executive summary last. In it, you'll briefly summarize your business, highlighting key points such as mission, product/service, and basic financial information.
For additional information, check out our full step-by-step guide to write a business plan .
How many hours does it take to write a business plan?
It can take as little as 30-minutes to write a fully functioning business plan. However, if you need to create a more detailed business plan it can take multiple hours to actually write the full document. To save yourself time, be sure to pick an appropriate business plan type for your intended use case. Additionally, do any necessary research and collect your notes and other documentation beforehand so that you can focus all your effort on writing your business plan.
How can I write a simple business plan?
To write a simple business plan it's best to use a one-page business plan format. A one-page business plan includes all of the same components as a more detailed business plan but is designed to fit on a single page—making it more useful as an internal planning tool. If you still want to use a traditional business plan template, just focus on using bulleted lists and short sentences while writing to create a simpler business plan.
Is writing a business plan easy?
Writing a business plan can be easy if you use the right tools, understand your business, and come in prepared to write your business plan. Using a business plan template can make writing a business plan easier. Additionally, if you focus on just getting your information down quickly, with the expectation that you'll revisit and revise your plan, you can speed up and simplify the process .
Can someone else write my business plan for me?
Yes, you can hire a professional business plan writer to write your business plan for you. Working with a professional can be especially useful if you're still struggling to write your business plan even when using a template for your business plan. Just be prepared to talk about your business, provide the appropriate details, and review the finished business plan to be sure it actually reflects your business. If you need help vetting professional business plan writers, check out our free resource to help you ask just the right questions of potential plan writers.
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How to Build a Detailed Business Plan That Stands Out [Free Template]
Updated: March 29, 2022
Published: March 11, 2022
While starting a company may seem easier now than ever before, entrepreneurs have an uphill battle from the moment they start a business. And without a clear, actionable business plan for selling, marketing, finances, and operations, you're almost destined to face significant challenges.
This is why crafting a business plan is an essential step in the entrepreneurial process.
In this post, we'll walk you through the process of filling out your business plan template, like this free, editable version :
Download a free, editable one-page business plan template.
We know that when looking at a blank page on a laptop screen, the idea of writing your business plan can seem impossible. However, it's a mandatory step to take if you want to turn your business dreams into a reality.
That's why we've crafted a business plan template for you to download and use to build your new company. You can download it here for free . It contains prompts for all of the essential parts of a business plan, all of which are elaborated on, below.
This way, you'll be able to show them how organized and well-thought-out your business idea is, and provide them with answers to whatever questions they may have.
Free Business Plan Template
The essential document for starting a business -- custom built for your needs.
- Outline your idea.
- Pitch to investors.
- Secure funding.
- Get to work!
Download Free
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Click this link to access this resource at any time.
Building a Successful Business Plan
In the next section, we'll cover the components of a business plan , such as an executive summary and company description. But before we get to that, let's talk about key elements that should serve as building blocks for your plan.
For some entrepreneurs, the thought of writing a business plan sounds like a chore — a necessary means to an end. But that's a bad take.
A solid business plan is a blueprint for success . It's key to securing financing, presenting your business, outlining your financial projections, and turning that nugget of a business idea into a reality.
At the core, your business plan should answer two questions: why your business and why now?
Investors want to know why your business is entering the market, i.e. what problem it's solving and how it's different from what's currently out there. They also want to know why now is the right time for your type of product or service.
At a minimum, your plan should:
- Be more realistic than idealistic: Too often, business plans focus too much on how things could be instead of how they are. While having a vision is important, your plan needs to be rooted in research and data.
- Legitimize your business idea : If an idea fails on paper, it's a signal to go back to the drawing board. In doing so, you avoid losing precious time or money chasing an unrealistic idea.
- Position your business for funding: To get your business off the ground, chances are you'll need financial backing. Even with a solid business idea, investors, lenders, and banks still need convincing. An effective business plan will outline how much money you need, where it's going, what targets you will hit, and how you plan to repay any debts.
- Lay the foundation: Investors focus on risk – if anything looks shaky, it could be a dealbreaker. Ideally, your business plan will lay down the foundation for how you'll operate your business — from operational needs to financial projections and goals.
- Communicate your needs: It's nearly impossible to communicate your needs if you don't know what they are first. Of course, a business’ needs are always changing — but your plan should give you a well-rounded view of how your business will work in the short and long term.
So back to the question of why and why now – consider three things:
- Your industry – How does your product or service fit within your industry? Are you targeting a specific niche? Where do you see the industry going in the next five to 10 years?
- Your target audience – Who are you targeting? What challenges are they facing? How will your product or service help them in their daily lives?
- Your unique selling proposition (USP) – What sets you apart from your competitors? Is it your product/service features? Your company values? Price?
Once you know the answers to these questions, you'll be equipped to answer the question: why your business and why now.
How to Build a Business Plan
- Executive Summary
- Company and Business Description
- Product and Services Line
- Market Analysis
- Marketing Plan
- Legal Notes
- Financial Considerations
Featured Resource: Free Business Plan Template
1. cover page.
Your business plan should be prefaced with an eye-catching cover page. This means including a high-resolution image of your company logo, followed by your company's name, address, and phone number.
Since this business plan will likely change hands and be seen by multiple investors, you should also provide your own name, role in the business, and email address on the cover page.
At the bottom of this page, you can also add a confidentiality statement to protect against the disclosure of your business details.
The statement can read as follows: " This document contains confidential and proprietary information created by [your company name]. When receiving this document, you agree to keep its content confidential and may only reproduce and/or share it with express written permission of [your company name] ."
Remember to keep your cover page simple and concise — and save the important details for other sections.
Why it matters: First impressions are everything, and a clean cover page is the first step in the right direction.
Example of a Cover Page
2. Executive Summary
The executive summary of your business plan provides a one- to two-page overview of your business and highlights the most crucial pieces of your plan, such as your short-term and long-term goals.
The executive summary is essentially a boiled-down version of your entire business plan, so remember to keep this section to the point and filled only with essential information.
Typically, this brief section includes:
- A mission statement.
- The company's history and leadership model.
- An overview of competitive advantage(s).
- Financial projections.
- Company goals.
- An ask from potential investors.
Why it matters: The executive summary is known as the make-or-break section of a business plan. It influences whether investors turn the page or not — so effectively summarizing your business and the problem it hopes to solve is a must.
Think of the Summary as a written elevator pitch (with more detail). While your business plan provides the nitty-gritty details, your Summary describes — in a compelling but matter-of-fact language — the highlights of your plan. If it's too vague, complicated, or fuzzy, you may need to scrap it and start again.
Example of an Executive Summary Introduction
"The future looks bright for North Side Chicago, particularly the Rock Hill Neighborhood. A number of high-end commercial and residential developments are well on their way, along with two new condo developments in nearby neighborhoods.
While the completion of these developments will increase the population within the neighborhood and stimulate the economy, the area lacks an upscale restaurant where residents and visitors can enjoy fine food and drink. Jay Street Lounge and Restaurant will provide such a place."
3. Company & Business Description
In this section, provide a more thorough description of what your company is and why it exists.
The bulk of the writing in this section should be about your company's purpose – covering what the business will be selling, identifying the target market, and laying out a path to success.
In this portion of your business plan, you can also elaborate on your company's:
- Mission statement
- Core values
- Team and organizational structure
Why it matters: Investors look for great structures and teams in addition to great ideas. This section gives an overview of your businesses' ethos. It's the perfect opportunity to set your business apart from the competition — such as your team's expertise, your unique work culture, and your competitive advantage.
Example of a Values/Mission Statement
"Jay Street Lounge and Restaurant will be the go-to place for people to get a drink or bite in an elegant, upscale atmosphere. The mission is to be North Side's leading restaurant, with the best tasting food and the highest quality service."
3. Product & Services Line
Here's where you'll cover the makeup of your business's product and/or services line. You should provide each product or service's name, its purpose, and a description of how it works (if appropriate). If you own any patents, copyrights, or trademarks, it's essential to include this info too.
Next, add some color to your sales strategy by outlining your pricing model and mark-up amounts.
If you're selling tangible products, you should also explain production and costs, and how you expect these factors to change as you scale.
Why it matters: This section contains the real meat of your business plan. It sets the stage for the problem you hope to solve, your solution, and how your said solution fits in the market.
There's no one-size-fits-all formula for this section. For instance, one plan may delve into its ability to market in a more cost-effective way than the competition, whereas another plan focuses on its key products and their unique features and benefits.
Regardless of your angle, it's critical to convey how your offerings will differ from the competition.
Example of a Product/Service Offering
"The menu at Jay Street Lounge and Restaurant will focus on Moroccan cuisine. The stars of the menu (our specialties) are the Moroccan dishes, such as eggplant zaalouk, seafood bastilla, tagine, and chickpea stew. For those who enjoy American dishes, there will also be a variety of options, from burger sliders and flatbread pizza to grilled steak and salads.
The food at Jay Street will have premium pricing to match its upscale atmosphere. During the summer months, the restaurant will have extra seating on the patio where clients can enjoy a special summer menu. We will be open on all days of the week."
4. Market Analysis
It helps to reference your market research documentation in this section, like a Porter's Five Forces Analysis or a SWOT Analysis ( templates for those are available here ). You can also include them in your appendix.
If your company already has buyer personas, you should include them here as well. If not, you can create them right now using the Make My Persona Tool .
Why it matters: Having an awesome product is, well, awesome — but it isn't enough. Just as important, there must be a market for it.
This section allows you to dig deeper into your market, which segments you want to target, and why. The "why" here is important, since targeting the right segment is critical for the success and growth of your business.
It's easy to get lost (or overwhelmed) in a sea of endless data. For your business plan, narrow your focus by answering the following questions:
- What is my market? In other words, who are my customers?
- What segments of the market do I want to target?
- What's the size of my target market?
- Is my market likely to grow?
- How can I increase my market share over time?
Example of a Market Analysis
"Jay Street Lounge and Restaurant will target locals who live and work within the Rock Hill Neighborhood and the greater North Side Chicago area. We will also target the tourists who flock to the many tourist attractions and colleges on the North Side.
We will specifically focus on young to middle-aged adults with an income of $40,000 to $80,000 who are looking for an upscale experience. The general demographics of our target market are women between 20 to 50 years old.
A unique and varied Moroccan-American menu, along with our unique upscale atmosphere, differentiates us from competitors in the area. Jay Street will also set itself apart through its commitment to high-quality food, service, design, and atmosphere."
5. Marketing Plan
Unlike the market analysis section, your marketing plan section should be an explanation of the tactical approach to reaching your aforementioned target audience. List your advertising channels, organic marketing methods, messaging, budget, and any relevant promotional tactics.
If your company has a fully fleshed-out marketing plan, you can attach it in the appendix of your business plan. If not, download this free marketing plan template to outline your strategy.
Free Marketing Plan Template
Outline your company's marketing strategy in one simple, coherent plan.
- Pre-Sectioned Template
- Completely Customizable
- Example Prompts
- Professionally Designed
Why it matters: Marketing is what puts your product in front of your customers. It's not just advertising — it's an investment in your business.
Throwing money into random marketing channels is a haphazard approach, which is why it's essential to do the legwork to create a solid marketing plan.
Here's some good news — by this point, you should have a solid understanding of your target market. Now, it's time to determine how you'll reach them.
Example of a Marketing Plan Overview
"Our marketing strategy will focus on three main initiatives:
- Social media marketing. We will grow and expand our Facebook and Instagram following through targeted social media ads.
- Website initiatives. Our website will attract potential visitors by offering updated menus and a calendar of events.
- Promotional events. Jay Street will have one special theme night per week to attract new clients."
6. Sales Plan
It doesn't matter if your sales department is an office full of business development representatives (BDR) or a dozen stores with your products on their shelves.
The point is: All sales plans are different, so you should clearly outline yours here. Common talking points include your:
- Sales team structure, and why this structure was chosen.
- Sales channels.
- Sales tools, software, and resources.
- Prospecting strategy.
- Sales goals and budget.
Like with your marketing plan, it might make sense to attach your completed sales plan to the appendix of your business plan. You can download a template for building your sales plan here .
Why it matters: Among other things, investors are interested in the scalability of your business — which is why growth strategies are a critical part of your business plan.
Your sales plan should describe your plan to attract customers, retain them (if applicable), and, ultimately, grow your business. Be sure to outline what you plan to do given your existing resources and what results you expect from your work.
Example of a Sales Plan Overview
"The most important goal is to ensure financial success for Jay Street Lounge and Restaurant. We believe we can achieve this by offering excellent food, entertainment, and service to our clients.
We are not a low-cost dining option in the area. Instead, the food will have premium pricing to match its upscale feel. The strategy is to give Jay Street a perception of elegance through its food, entertainment, and excellent service."
7. Legal Notes
Your investors may want to know the legal structure of your business, as that could directly impact the risk of their investments. For example, if you're looking for business partners to engage in a non-corporation or LLC partnership, this means they could be on the line for more than their actual investment.
Because this clarification is often needed, explain if you are and/or plan to become a sole proprietor, partnership, corporation, LLC, or other.
You should also outline the steps you have taken (or will need to take) to operate legally. This includes licenses, permits, registrations, and insurance.
The last thing your investor wants to hear after they've sent you a big chunk of change is that you're operating without proper approval from the local, state, or federal government.
Why it matters: The last thing your investor wants to hear after they've sent you a big chunk of change is that you're operating without proper approval from the local, state, or federal government.
Example of Legal Notes
"Jay Street Lounge and Restaurant is up-to-date on all restaurant licenses and health permits. Our business name and logo are registered trademarks, presenting the possibility of expanding locally."
8. Financial Considerations
Ultimately, investors want to know two things:
- When they will earn their money back.
- When they will start seeing returns on their initial investment.
That said, be clear, calculated, and convincing in this section. It should cover:
- Startup costs.
- Sales forecasts for the next several months/quarters.
- Break-even analysis for time and dollars.
- Projected profit and loss (P&L) statement.
Facts and figures are key here, so be as specific as possible with each line item and projection. In addition, explain the "why" behind each of these sections.
However, keep in mind that information overload is a risk, especially when it comes to data. So, if you have pages upon pages of charts and spreadsheets for this section, distill them into a page or two and include the rest of the sheets in the appendix. This section should only focus on key data points.
Why it matters: One of the most important aspects of becoming "investor ready" is knowing your numbers. More importantly, you need to understand how those numbers will enhance your business.
While it's easy to write a number down on paper, it's more important to understand (and communicate) why you need capital, where it's going, and that your evaluation makes sense.
Example of Financial Projections
"Based on our knowledge and experience in the restaurant industry, we have come up with projections for the business.
Starting with an expenditure of $400,000 in year 1, we forecast sales of $1,500,000 and $2,800,000 for years two and three. We expect to achieve a net profit of 15% by year three."
9. Appendix
A detailed and well-developed business plan can range anywhere from 20 to 50 pages, with some even reaching upward of 80.
In many cases, the appendix is the longest section. Why? Because it includes the supportive materials mentioned in previous sections. To avoid disrupting the flow of the business plan with visuals, charts, and spreadsheets, business owners usually add them in the last section, i.e. the appendix.
Aside from what we've already mentioned – marketing plan, sales plan, department budgets, financial documents – you may also want to attach the following in the appendix:
- Marketing materials
- Market research data
- Licensing documentation
- Branding assets
- Floor plans for your location
- Mockups of your product
- Renderings of your office space or location design
Adding these pieces to the appendix enriches the reader's understanding of your business and proves you've put the work into your business plan without distracting from the main points throughout the plan.
Why it matters: An appendix helps the reader do their due diligence. It contains everything they need to support your business plan.
Keep in mind, however, that an appendix is typically necessary only if you're seeking financing or looking to attract business partners.
Use a Business Plan Template to Get Started
Writing a business plan shouldn't be an insurmountable roadblock to starting a business. Unfortunately, for all too many, it is.
That's why we recommend using our free business plan template. Pre-filled with detailed section prompts for all of the topics in this blog post, we're confident this template will get your business plan started in the right direction.
Editor's note: This post was originally published in June 2017 and has been updated for comprehensiveness.
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Simple Business Plan Templates
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Managing a marketing campaign or promotion is a challenging task. You need to have a marketing plan in order to execute the campaign smoothly with the time and budget provided. Creating a Marketing Brief is very beneficial because it summarizes the marketing strategy for a specific campaign.If you are in the advertising agency or part of the marketing department, then this Marketing Creative Brief Template is for you. This well-designed template contains the client information, project information, and the marketing materials that will be used. The project details explain the project title, description, objectives, target audience, budget overview, advertising guidelines, and competitors.
Glamping Business Plan Template
Grab the attention of the investors by using this Glamping Business Plan Template. This business plan is simple yet effective because it contains all the necessary details when building a successful business.
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See your business from a new perspective with Jotform’s Lean Business Model Canvas Template. Simply fill in a short form with problems your business could solve, how they are currently being solved in the market, and how your company can uniquely work to solve these problems. Our template instantly converts the information into polished PDFs you can download or print for your next big meeting.Our Lean Business Model Canvas Template already looks professional, but you can personalize it further to match your business. Jotform PDF Editor lets you rearrange form fields or add your company logo at the touch of a button! By instantly converting your business model into an accessible PDF format, our Lean Business Model Canvas Template can help you see the bigger picture and determine how to take your business to the next level.
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A Creative Brief is used in advertising, branding, and marketing industries. In order to have a strong and outstanding creative campaign, you need to have a game plan to follow. This serves as a guideline that will help in making decisions related to the campaign.This Creative Brief Template PDF discusses the project details like the project name, due date, and project description. The marketing materials that will be used are listed in the document which includes its specifications like the dimension size, the medium that will be used, and the quantity. This is the best Creative Brief Template you can use for your next creative marketing campaign.
Business Model Canvas Template
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About Simple Business Plan Templates
Plans, strategies, roadmaps – Businesses rely on these things to gain perspective on what’s about to happen. Milestones laid down in strategic and careful planning for growth and expansion, visions of where the company’s headed 10 years from now, goals that should meet timelines, all these require a smart, prudent and calculated planning.
Whether you’re a startup, an SMB, or close to a Fortune 500, a solid business plan is crucial. And of course, writing business plans is a huge task. But, what if you needed something that requires input from others though? Say, an online form or a PDF template where responses from your colleagues and managers matter? Well, here’s a collection of PDF templates for business planning.
These are beautifully designed templates, specifically tailored for businesses and companies who don’t know where to start. The hard part was already done and that’s designing the template. These will serve as boilerplates for whatever milestone your business needs. You won’t need to worry on building something from scratch, you just need to focus on the content. Some of these templates will contain or collect executive summaries, opportunities, expectations, execution, financial plans, forecasts, the whole nine yards.
Business plan templates help give a clear vision of what lies ahead. They help you get things organized, planned out, and help you check off items from your to-do list more efficiently.
Frequently Asked Questions
1) what are the seven parts of a business plan.
- Executive summary. This is an overview of your business plan. The executive summary should include your company’s offerings, mission, goals, and projections. Think of it as the elevator pitch for your business plan. If you can’t get investors interested here, it’s unlikely they’ll want to keep reading.
- Company description and history. Describe your business’s legal structure and history in addition to what you do. If you just started this business, you may replace company history with your leadership team’s experience. The purpose of this section is to explain the company structure and build confidence in the people running the company.
- Products and services. Talk about what your company offers, whether that’s products, services, or a combination of the two. Describe your products and services in detail. Explain what makes your offering unique, what your profit margins are, what kind of demand you’re seeing for it, etc.
- Market and competitor research. Investors want to know if there’s demand for your offering. Describe the target market and how your product or service benefits potential customers. Include projections of where the industry is headed over the next few years. Additionally, detail your competitors and how saturated the market is.
- Sales and marketing strategy. This part of the business plan explains how you’ll promote your product. Outline elements such as your ideal customer profile (ICP) as well as your marketing channels, budget, and methods.
- Operations and logistics. Explain how you’ll source materials if you sell products as well as the technology you need to deliver such products and services. Also, provide details about your team, like how many people you’ll need and how you’ll manage employees.
- Financial plan and projections. It’s crucial to prove that your business will be financially viable. For this, you’ll need revenue and expense projections. Many investors want to see sample account statements, balance sheets, and cash flow projections.
2) How do you write a business plan?
Your business plan should be a realistic roadmap that helps you build a successful company. When writing it, take a balanced approach so that you’re not blind to the potential pitfalls and risks. You’ll draft each of the seven sections previously discussed.
Tackling these sections can be overwhelming, so some people like to start with a one-page business plan that includes short paragraphs for each element. Another way to give yourself a head start is by working from a business plan template. Once you have a good start, you can expand each section to make a compelling case for your business.
3) Can I write a business plan myself?
Yes, you can. However, depending on your writing experience and goals, you may want outside help. If the business plan is for internal use with the purpose of improving business functions, you’ll likely be OK tackling it alone. But if you’re trying to secure funding from a bank or investors, a professional business plan writer can give you a leg up.
Even if you decide to do it yourself, have a trusted friend or business mentor review your plan and provide feedback. An objective point of view will help you refine your work.
4) What are the four types of business plans?
- One-page or mini business plan. The one-page option is a great way to improve the focus of your business plan and highlight the essential elements. It can be an effective way to workshop your company’s plan or quickly give others a rundown of your entire business.
- Traditional business plan. The traditional business plan is more in-depth than its one-page counterpart and will be more thorough in each section (often, plans exceed 40 pages). For example, it may contain detailed financials, branding samples, and competitive research documents.
- Business model canvas (BMC). The business model canvas is a more visual representation of your business architecture. It includes sections for infrastructure, offering, customers, finances, etc. Many businesses find the BMC appealing since it can be summarized in a single page.
- Strategic business plan. The strategic business plan can have different purposes, like proving feasibility, discussing planning operations, or projecting growth. It will outline the company’s goals, its strategy for reaching them, and the company structure. The main difference between this and the traditional plan is its focus on specific strategic initiatives.
5) What are the common mistakes in business plans?
- Poor writing. Sloppy writing may suggest that you’re not serious about your business or you lack the needed professionalism.
- Unrealistic expectations. While you should be optimistic about your business, if your financial projections reflect your hopes more than reality, people may hesitate to back your business.
- Lack of supporting documentation. People reviewing your business plan want to see how you back up your claims. You can include research docs, sample financials, and estimates to make your case.
- Failing to define the target audience. For a successful marketing plan, you need to define your target audience. Investors and financial institutions need to see if you’re confident about who you’re selling to.
- Unbalanced. It’s important to lay out the risks and potential upsides. This analysis shows investors that you’re considering the whole picture regarding your business.
These templates are suggested forms only. If you're using a form as a contract, or to gather personal (or personal health) info, or for some other purpose with legal implications, we recommend that you do your homework to ensure you are complying with applicable laws and that you consult an attorney before relying on any particular form.
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Business Plan Templates
Use our template to make an investment-worthy business plan.
Updated December 8, 2023 Written by Sara Hostelley | Reviewed by Brooke Davis
A business plan is a document outlining a company’s operations, strategies, goals, and objectives. It’s crucial to guide you through each stage of starting and growing your business.
Templates (8)
What is a business plan, why is a business plan essential, components of a business plan, how to write a business plan, business plan sample.
Below, you can find free business plan templates for specific business types. You can also find more in-depth information on writing a plan for your business, whether it’s a food truck, restaurant, real estate business, or another entity:
Create a detailed plan that lays out the details of how your business will achieve it's objectives.
Traditional Business Plan
Create a simplified version of a traditional business plan.
One-Page Business Plan
Create a Non-Profit Business Plan and learn how to write one.
Create a Daycare Business Plan and learn how to write one.
Create a Restaurant Business Plan and learn how to write one.
Create a Real Estate Business Plan and learn how to write one.
Real Estate
Create a Food Truck Business Plan and learn how to write one.
A business plan is a document detailing how a business, whether it’s a new or existing company, will achieve its goals and objectives. It guides you through every step of starting and running a company.
A business plan can be the foundation of your business, serving as a written roadmap that covers all aspects of how to structure, run, and grow your business. You can also refer back to it as your business progresses to track its growth and success.
In addition to being a helpful document internally, a business plan is also vital for a company to communicate its success to external parties that may influence its future success.
Consider some of the main reasons why large and small business owners alike use business plans:
1. Use As a Roadmap
A business plan sets specific, measurable, and time-bound goals. Having these goals helps you track progress, evaluate performance, and adjust as necessary.
By laying out goals, you have a clear and attainable plan of action with the ability to see and monitor your progress.
2. Plan Strategies For Potential Challenges
A business plan can help you think objectively about your business’s key elements and inform your decision-making as you move forward.
A detailed plan can provide a semblance of control over a potentially cumbersome process. Formulating a plan can improve your ability to make choices and decisions for yourself and the business. This approach is much better than suddenly making a critical decision without time to evaluate or haphazardly letting others decide for you.
3. Get Funding or Bring on New Business Partners
An accurate business plan is essential whether or not you need to secure a business loan. Investors and lenders often require a business plan before they commit capital. A solid plan demonstrates your commitment, viability, and potential return on investment.
Create a business plan that grabs the attention of potential investors and provides them with enough structure and confidence that they will move forward and grant funding and support to your business.
You can use your business plan to highlight how the proposed business will be successful and profitable.
4. Discover Any Weaknesses
A business plan includes a strengths, weaknesses, opportunities, and threats (SWOT) analysis that helps identify potential risks and challenges. It is essential to allocate resources and demonstrate monthly profit or loss. By recognizing these elements early, you can develop strategies to mitigate or address them.
5. Analyze the Market and Competition
Market research within the plan helps you better understand your target audience, competition, and industry trends. This knowledge is crucial for making informed business decisions.
By learning about your competition, you can help make your goods or services stand out and help validate your business idea.
You should update a business plan as you go, altering your goals as necessary and being mindful of any changes of direction in your business.
A typical business plan includes the following sections:
- Executive Summary
- Management Team
- Products and Services
- Customers and Marketing
- SWOT Analysis
Our business plan template includes all of the above, so you won’t have to worry about missing out on essential sections.
Step 1 – Create an Executive Summary
An executive summary is the first section of a traditional business plan, serving as the first impression of your business. Please give a brief overview of your company, including its mission, key goals, and a snapshot of your financial projections.
You can skip this step if you’re writing a lean business plan for a startup. Instead, replace it with a few sentences outlining the problem your startup aims to solve and the solution you will provide.
Executive Summary Example:
Market research indicates there are a growing number of dog owners in Tallahassee who want to train their animals. Consumer surveys indicate that most consumers don’t have the time or resources to train their animals themselves.
Consumers have also expressed a desire for combined dog walking and training services to help discipline their animals.
Pawsitive Strides Canine Coaching & Walks provides a convenient service for customers with furry friends and disposable incomes.
Tips for Writing an Executive Summary
- Define a problem in your market and state how your business will solve it.
- Limit your executive summary to one page.
- Use a tone appropriate for your audience.
Step 2 – Describe Your Company’s Team
A professional business plan will include a statement about your company’s team and management.
Describe your startup’s legal structure. After that, you can insert a chart to show the hierarchical structure of your company. Show and name your C-suite executives, management team, and key employees. Include short biographies and links to their resumes and LinkedIn profiles to give the reader a complete picture of your staff’s qualifications.
If you have a smaller staff, you can highlight the founder and CEO and your staff members who perform the services or create your business’s products.
Example for Company’s Team Statement:
Jamie Clayton, Founder and CEO
- Board-certified veterinarian.
Pawsitive Strides Canine Coaching & Walks’s dog walkers and trainers
- 14 full-time staff members.
- 26 part-time staff members.
- All staff members have the Certified Professional Dog Trainer-Knowledge and Skills Assessed (CPDT-KSA) credential from the Certification Council for Professional Dog Trainers.
Tips for Writing about Your Company Management and Team
- Include any roles you’d like to hire to grow your company, if applicable.
- Highlight expertise and awards one to show your staff’s capabilities.
Step 3 – Summarize Market Analysis and Potential
Your business plan must also thoroughly analyze your target market and customer base. The goal here is to show that you understand your market and target audience and that there is a viable market for your business.
Market Analysis Example:
Pawsitive Strides Canine Coaching & Walks’s ideal customer is a dog owner between the ages of 25 and 65 with a high disposable income. They’re ideally a working professional or have recently retired from the workplace. They love their dog (or dogs) and want them to be well-behaved and have an outlet for all their energy.
Market research shows that Pawsitive Strides Canine Coaching & Walks has ample opportunities in the Tallahassee area:
- The total revenue for dog walking services in the U.S. increased from $900 million in 2019 to $1.1 billion in 2023.
- Dog ownership has increased by 20% over the last five years.
- Online search volume for “dog walkers in Tallahassee” is up by 10% since last year.
- 19% of Tallahassee’s residents have a household income of $125,000 or more (compared to the average of 5% across the U.S.).
Tips for Writing a Market Analysis
- Use reliable sources for acquiring data.
- Conduct consumer surveys to hear from people in your target area.
- Focus on the demand in your area and the growth potential.
- Include revenue and expense projections based on market data.
Step 4 – Describe Your Product or Service
Describe the products and services you offer. Pinpoint the value they provide to current and future customers and share your plans for research and development.
The main goal of this section is to convince the reader and yourself that your business is viable and that you have enough resources, time, and energy to achieve your goals.
Product Description Example:
Pawsitive Strides Canine Coaching & Walks isn’t an ordinary dog walking service. When a customer signs up for our monthly subscription plan, we have one of our certified dog walkers go to their house 12 times a month on a schedule that works for them.
Our dog walker takes their dog on a 30-minute walk and corrects their behavior. Their dog learns how to walk on a leash calmly and be around cars and people. Not only does the dog get some exercise and fresh air, but they also learn discipline, meaning the customer doesn’t have to worry about training their dog in this sense.
Tips for Writing a Product/Service Description
- Highlight cross-sell and upsell opportunities, if applicable.
- Emphasize what distinguishes you from other companies providing similar services/products.
- Include details for updating your offerings in the future.
Step 5 – Plan Your Marketing Strategy
Discuss the brand vision you want to cultivate, the metrics you’ll track, and the channels you’ll use to reach your target audience. Outlining how you plan to collect and retain customers will help you experience growth in the long term.
Marketing Strategy Example:
Pawsitive Strides Canine Coaching & Walks will focus on social media and direct mail marketing as its two main forms of advertising. We’ll track customer referrals to determine how many current customers are satisfied with our services.
On our social media platforms, including Instagram and Facebook, we’ll track our audience growth rate, bounce rate, and click-through rate.
Tips for Writing a Marketing Strategy
- Add the budget/resources you have, if applicable.
- Create strategies for marketing to different segments within your main target audience.
Step 6 – Conduct SWOT Analysis
Organizations use SWOT analyses to determine how closely a business will adhere to its growth trajectories. This analysis involves looking at a company’s SWOTs, which are:
- Strengths: Strengths are things your company does well. Examples include having a unique selling proposition, standout brandings, or human resources, like your employees and C-class executives.
- Weaknesses: These barriers prevent your project or company from reaching certain milestones. Examples include financial limitations, a shortage of skilled professionals, and unclear selling propositions.
- Opportunities: These positive external factors could give you a competitive edge. For instance, if you’re a manufacturer and the federal government cuts tariffs, you can export your products into a new market to boost market share and sales.
- Threats: These are events, competitors, and situations that pose a risk to your company and the goals you’ve set for it. Typical threats include negative media coverage, changing customer demands, emerging competitors, and new rules and regulations.
SWOT Analysis Example:
- Appeals to people who don’t have the time or resources to train their pets.
- Low startup costs.
- Finding enough certified employees to meet the anticipated demand.
- Dealing with aggressive animals may be challenging for newer employees.
Opportunities
- Offering multiple subscription packages for customers who want more frequent training sessions for their pets.
- BehaviorBuddies is a dog walking service in Bradfordville that may take away customers.
Tips for Writing a SWOT Analysis
- Be honest with your business’s weaknesses and threats.
- Capitalize on opportunities you find through market analysis.
Step 7 – Develop a Strategy for Operations
Your business plan needs to include a thorough operations plan. This section reveals your manufacturing, fulfillment, managing, staffing, hiring strategies, and all the other processes you go through when running your business daily.
Operations Strategy Example:
Jamie Clayton will oversee the hiring of all employees, and the team lead will train all employees for at least one month to ensure they have the knowledge necessary to deal with animals of all temperaments.
The team lead will also organize the dog walking schedule to ensure all team members have enough time to arrive at customers’ houses and complete the dog walking/training sessions thoroughly.
Tips for Writing a Business Strategy
- Consider what your business needs to thrive on a daily basis.
- Account for inventory and supplies, even if your business is service-based.
Step 8 – Compile Your Business Financials
Create financial projections, including income statements, balance sheets, and cash flow statements for the first few years of operation. If you need funding, specify the amount and how you plan to use it.
Financial Statement Example:
Income Statement for the Year Ended December 31, 2023
- Revenue: $150,000
- Cost of Goods Sold: $30,000
- Gross Profit: $120,000
- Operating Expenses: $80,000
- Net Operating Income: $40,000
- Other Income/Expenses: -$2,000
- Net Income: $38,000
Tips for Writing a Financial Section
- Double-check the accuracy of financial information.
- Demonstrate how the proposed funding aligns with your company’s goals.
- Forecast future financial performance.
Step 9 – Explain Your Funding Request
If you’re seeking funding or investment for your business, explain the amount you need and how you intend to use it. Be transparent about the terms you’re offering to investors or lenders.
Funding Request Example:
Pawsitive Strides Canine Coaching & Walks has already hired a team to serve our existing customers. Once we scale to $500,000 in annual revenue over the next two years and at a 10% profit margin, our primary ongoing annual expenses (not including taxes) will total $350,000.
While already profitable, we are requesting $200,000 in the form of a business loan to buy two additional company vehicles. These vehicles will improve our employees’ ability to get to customers’ homes, and the remaining money will go toward maintaining current company vehicles.
Tips for Writing a Funding Request
- Add a timeline so investors know your goals and how you plan to use the money.
- If you seek funding in the form of an exchange for equity, an investor may expect to gain decision-making powers in your company. Plan for this situation accordingly.
Step 10 – Compile an Appendix for Official Documents
Include relevant documents, such as resumes of key team members, legal agreements, market research data, product design mock-ups, and your business’s legal structure documents.
Remember that each business plan is unique, so tailor your content to your venture and audience. Your business plan should effectively communicate your vision, strategy, and financial viability to potential investors, partners, and stakeholders.
Combine the appendix with a table of contents and footnotes section so you can reference it throughout your document.
You can download a free business plan template below in PDF or Word format:
Related Documents
- Business Continuity Plan : Outline how your business will run in the event of a range of disaster scenarios with a business continuity plan.
- One-Page Business Plan : A simplified version of a traditional business plan that outlines the basics of your business.
- LLC Operating Agreement : An internal written document among members of a Limited Liability Company (“LLC”).
- Business Proposal : Use this document to form new relationships with other businesses and organizations.
- Request for Proposal : Download this form to allow you to collect offers from various vendors who can provide goods or services your business needs.
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Free Simple Business Plan Templates
Are you a business startup and want to get a free business plan template for your business? If yes, then you are at the right place. As a business plan writing company , we list out professional business plan templates for you so you can write your business plan easily. We have shared a wide range of templates for diversified business needs. You can choose one that suits your requirements
Free One Page Business Plan Template
Utilize this concise Free one-page business plan to systematically record your essential concepts. This template assists in constructing a simplified overview of your business plan, making it easily digestible for stakeholders. Consider this one-page plan as a starting point, serving as a reference for developing a more comprehensive business blueprint.
Simple Business Plan Template
This template guides you step by step through all the elements of a small business plan , covering areas like the company’s history, introducing the management team, conducting market analysis, presenting product or service details, outlining financial projections, and more. Additionally, it includes a pre-built table of contents to maintain the structure of your plan, and it’s fully adaptable to suit your specific needs.
Lean Startup Business Plan Template
The lean business plan template offers a simplified alternative to the traditional business plan Template. It includes concise sections for your company’s overview, industry context, problem-solving approach, unique value proposition, target market, and essential performance metrics. Additionally, there’s space to map out a timeline of crucial activities.
Free Business Plan Template
Boost your business with our collection of easy-to-use templates designed just for you.
Business Plan Templates By Business Category
Potential Issues with Business Plan Templates & How to Address Them
Generic templates vs. industry specificity.
- Issue: One-size-fits-all business plan templates might not capture industry-specific details crucial for investors.
- Solution: Look for templates with industry-tailored sections or customize existing ones to highlight your industry’s nuances.
Lack of Financial Expertise
- Issue: Users might struggle with financial projections or terminology.
- Solution: Include clear instructions and financial guidance within the simple business plan template.. Users can also consult free online resources or financial advisors.
Data Accuracy and Consistency
- Issue: Inaccurate or inconsistent data can mislead investors.
- Solution: Double-check all data entries and ensure consistency across the plan. Consider using real financial data from your business (if applicable).
Overreliance on Templates
- Issue: Business Plan Templates shouldn’t replace critical thinking and analysis specific to your business.
- Solution: Use the template as a framework, but personalize it with your unique value proposition, competitive landscape analysis, and strategic goals.
Formatting and Readability
- Issue: Poor formatting can make your plan look unprofessional.
- Solution: Pay attention to formatting elements like fonts, spacing, and visuals. Ensure the plan is clear, concise, and easy to read.
Remember: Our Page includes 45 different kinds of business plan templates tailored for specific industries, So you can choose any format that suits your business with your ease.
Get Your One Page Business Plan Template from Wisebusinessplan Today!
Essential elements of a business plan.
- Executive Summary
- Business Description
- Market Analysis
- Competitive Analysis
- Marketing and Sales Strategy
- Organization and Management
- Product or Service Line
- Financial Projections
- Funding Request
- Appendix (optional)
Tips for Creating a Business Plan
Creating a business plan can seem like a daunting task, but the following tips aim to simplify the process as you develop your plan:
- Utilize a business plan template (choose from the options above) or refer to the previous section to establish a standard outline for your plan.
- Adapt your outline to suit the specific needs of your business. If you’re using a standard business plan outline, remove any sections that don’t apply to your situation or aren’t vital for running your business.
- Begin by gathering all the information you currently have about your business. Then, use this information to complete each section in your plan outline.
- Leverage available resources and conduct additional research to fill in any remaining gaps. (Note: You don’t have to fill out your plan in sequence, but remember that the executive summary, which summarizes key points, should be completed last.)
- Ensure your plan effectively conveys the interplay between your marketing, sales, and financial objectives.
- Include details in your plan that outline your strategic course of action, looking ahead three to five years.
- Regularly revisit your plan as strategies and objectives evolve.
At the very least, ensure your business plan addresses the following questions:
- What product or service are we offering?
- Who is the product or service for?
- What problem does our product or service solve?
- How will we deliver the product or service to our target customers?
- What makes our product or service superior to alternatives?
- How can we surpass our competitors?
- What is our unique value proposition?
- When will tasks be completed, and who is responsible for them?
- If funding is needed, how will it be utilized?
- When are payments due, and when will income be received?
- What is the ultimate purpose of your business?
To determine the type of business plan that suits your needs and for more helpful guidance, consult our guide on crafting a concise business plan.
Benefits of Using a Business Plan Template
Developing a business plan can be a time-consuming task, particularly if you’re unsure how to get started. However, utilizing the right template tailored to your business needs can prove highly advantageous. Here’s how using a business plan template, as opposed to starting from scratch, can be particularly helpful:
Facilitates Organized Planning
A template allows you to promptly jot down your thoughts and ideas in an orderly fashion. It provides a structured framework that simplifies the planning process.
Provides Clarity and Structure
Using a template gives your plan a clear structure, helping you outline your business objectives, strategies, and goals with greater precision.
Time and Resource Efficiency
Templates save you precious time and resources. They eliminate the need to create every section from the ground up, enabling you to focus on the content and strategy, rather than the format.
Prevents Oversight
Templates serve as comprehensive guides, helping you cover all the essential details your business plan should encompass. This reduces the risk of omitting crucial elements vital to your business’s success.
In essence, a well-designed business plan template streamlines the planning process, making it more efficient and ensuring that your plan is both thorough and well-organized.
Restrictions of Business Plan Templates
While a business plan template can be a helpful starting point, it comes with certain limitations, particularly if the template doesn’t align precisely with your business’s unique requirements. Here are some drawbacks to consider:
Lack of Customization
Every business is distinct, and your business plan should reflect that individuality. A template may not adequately cater to your specific needs, potentially resulting in an ill-fitting plan.
Impaired Collaboration
Using a template may hinder effective collaboration among different teams involved in the plan’s development, such as sales, marketing, and accounting teams. It might not be conducive to seamless teamwork.
Data Dispersal
Templates can lead to the creation of multiple files stored in various locations. This can make it challenging to maintain a centralized and up-to-date plan.
Chart and Graph Creation
Templates often require you to manually generate charts and graphs to support your strategic points. This adds an extra layer of work and complexity.
Multiple Updates
Keeping your plan, spreadsheets, and supporting documents synchronized can be cumbersome when using a template. Changes made may not automatically update across all documents, potentially causing version control issues.
In summary, while business plan templates can be a useful starting point, it’s essential to be aware of their limitations, especially when your business has specific requirements that may not be accommodated by a generic template.
A business plan template is a pre-written document that provides a structure and outline for writing a business plan. It can help businesses of all sizes save time and effort, ensure completeness, improve consistency, and make a better impression on potential investors and lenders.
To write a business plan using a template, simply follow the structure and outline provided. Fill in the blanks with information about your company, its products or services, its target market, its financial projections, and its marketing and sales strategies. Be sure to customize the template to fit the specific needs of your business.
The best business plan templates for small businesses are those that are tailored to the specific needs of small businesses. Some popular options include:
- Lean Startup Canvas
- Business Model Canvas
- One-Page Business Plan
- SBA Business Plan Template
- SCORE Business Plan Template
To customize a business plan template, simply add or remove sections as needed to fit the specific needs of your business. You can also change the wording and formatting of the template to match your company’s brand voice.
Here are a few tips for writing a successful business plan using a template:
- Be honest and realistic in your projections.
- Be clear and concise in your writing.
- Be specific about your goals and objectives.
- Tailor your plan to your target audience.
- Proofread your plan carefully before submitting it to potential investors or lenders.
Here are a few examples of good business plans written using templates:
- Tesla Business Plan
- Airbnb Business Plan
- Warby Parker Business Plan
- Glossier Business Plan
- Spotify Business Plan
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Business plan templates
From competitive analysis to financial projections, business plans give your new business a roadmap for success. Download one of our free business plan templates and take your company to the next level.
Big Data Startup Business Plan Template
Create a professional Big Data Startup business plan with our customizable Startup Business Plan Template.
Virtual Assistant Business Plan
Strategize your way to success with this customizable AI virtual assistant business plan template.
Virtual Reality (VR) Business Plan
Our free virtual reality (VR) business plan helps you customize your document and create a winning strategy to land investors.
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Laundromat Business Plan
Create your success roadmap with a laundromat business plan template, designed to arrange the essentials of the laundry business.
5-Year Business Plan Template
Empower your path to long-term success with our 5-year business plan template.
Car Wash Business Plan Template
Launch and grow your car wash business with our customizable plan template.
Airbnb Business Plan Template
Unlock your path to success with our Airbnb business plan template, made to guide you in structuring the fundamental aspects of your Airbnb business.
Clothing Line Business Plan
Use this free and customizable clothing line business plan to appeal to investors and set up your fashion brand.
Gym Business Plan Template
The Panda tips in this gym business plan template guide you through the process of researching and presenting information necessary to secure funding and partners for your business.
Handyman Business Plan Template
Start a new handyman business using a well-researched handyman business plan template to meet your goals faster.
Vending Machine Business Plan Template
If you’re starting a new vending machine business, a well-rounded vending machine business plan can improve your chances of success.
Bar Business Plan Template
Create your path to success with our bar business plan template, designed as a valuable tool to help entrepreneurs organize the bar business.
Massage Therapy Business Plan
This massage therapy business plan template helps you cover the basics of starting or expanding a massage business.
Bed and Breakfast Business Plan Template
Use a complete bed and breakfast business plan template to set up your business for growth and success.
Catering Business Plan
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Event Venue Business Plan Template
Launch and grow your event venue with our customizable business plan template.
Event Planning Business Plan
Prepare your event planning business for success with our ready-to-fill and easily downloadable event planning business plan template.
Rental Property Business Plan
Develop a rental property business plan tailored to serve as a valuable resource for entrepreneurs to organize their rental business.
Coaching Business Plan Template
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Lawn Care Business Plan
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Candle-Making Business Plan Template
Use a candle-making business plan template to get together all of the information you need to ensure that your candle business succeeds.
SBA Business Plan Template
Use our free and fully customizable SBA business plan template to get started when writing a successful proposal for an SBA loan.
Cleaning Business Plan Template
Discover a hassle-free way to document a roadmap for your cleaning business with this free business plan template.
Real Estate Business Plan Template
Start off your new real estate business on the right foot by using a real estate business plan template to ensure your goals, visions, and finances are sorted.
Trucking Business Plan Template
Empower your journey to success with our trucking business plan template, designed as a valuable tool to organize the essentials of your trucking business.
Food Truck Business Plan Template
Find a fully customizable, free food truck business plan template that helps you create an effective proposal for interested investors.
Simple Business Plan Template
This simple business plan template walks you through the stages of establishing a successful business or seeking funding.
Solar Farm Business Plan
Give your solar farm business the best start by creating a professional business plan to keep your company on the right track.
Ecommerce Business Plan Template
This Ecommerce Business Plan Template is tailored particularly to e-commerce companies, and all you require to do is add the elements related to your business.
Accounting Firm Business Plan
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Campground Business Plan Template
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Firewood Business Plan
This Firewood Business Plan Template perfectly outlines the company structure of a probable firewood venture. It highlights the budgets needed to start and manage the unique business.
Funeral Home Business Plan
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Community Center Business Plan
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Gas Station Business Plan
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Beauty Supply Store Business Plan
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Electrical Contractor Business Plan
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Consultant Business Plan Template
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Fashion Business Plan Template
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Startup Business Plan Template
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Business Plan Template
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What is a business plan?
A business plan is a document that helps small business owners determine the viability of their business idea. Combining market research and financial analysis, a professional business plan helps startup CEOs and potential investors determine if the company can compete in the target market.
Typically, a good business plan consists of the following:
- Executive summary
- Company description
- Mission statement
- Product and services
- Marketing plan
- Operations plan
- Management organization
- Financial plan
- Conclusion & appendix
Every section involved in a business plan is designed to help startup businesses reach their target market.
A business plan asks founders and entrepreneurs to detail their business strategy in a step-by-step process that makes sense from an operational perspective. This is essential if a startup is seeking a business loan or an investment from a venture capital firm.
However, even small businesses that are already economically viable can benefit from creating a business plan, since it encourages business owners and their management teams to examine their business model and reevaluate the best ways to reach their target customers.
Should I use a business plan template?
Yes. If you’ve never written one, a business plan can be challenging to write.
Creating a successful plan that you can use to grow your small business can require weeks of market analysis and financial preparation. You may spend time using Microsoft Excel or Powerpoint in order to create documentation which better supports our operational decisions.
However, almost every professional business plan is structured in the same way and most ask for the same information. Because of this, using a business plan template is advisable to save time, money, and effort.
Business plan templates for free
Rather than spending time trying to figure out how to write a business plan , use a free template as a guide to completion.
Business plan templates from PandaDoc can help you reach an effective go-to-market strategy even faster by asking you to provide all the relevant information you need when creating an effective business plan.
Grab a free template to get started!
Frequently asked questions
How many pages should my business plan be.
This depends on the kind of business plan you need to write and how you intend to use the plan that you create.
For example, a plan for a small business seeking potential investors or a business loan will need to provide income statements, cash flow statements, and a balance sheet (usually for a three-year or five-year forecast period).
These financial statements can be omitted if a small business owner isn’t seeking funding and is instead planning to use their business plan as a guiding document for themselves and their management team members.
Some business plans may only run a few pages. Fully-developed business plans can be as long as 50 pages. Much of this depends on the type of business, the operational strategy, and the level of detail that goes into developing the business plan.
Who needs a business plan?
Every business should have a business plan. This is an essential guidance document for any founder or CEO.
Good business plans help a company determine the viability of its place in the market and can help the business develop better strategies for differentiating itself from its competitors.
Business planning also forces business owners to evaluate their marketing strategy, the cost of customer acquisition and retention, and how they plan to grow their business over time.
What is the best business plan template?
Business plans come in all shapes and sizes. The best business plan template for your business is one that you understand and that matches the size and legal structure of your operation.
If you’re a sole proprietor, a business plan template designed for a big corporation probably doesn’t make sense. However, a business plan that helps you build an effective roadmap to grow your business while protecting your intellectual property is a good starting point.
PandaDoc offers specialized business plan templates for common industries along with tips to help you get started with business planning.
Should I hire someone to write my business plan for me?
No. You’ll find freelance writers and business strategy companies out there who are happy to write your business plan for a fee. These resources can guide you through the process, but you should write (or be heavily involved in) the creation of your business plan.
The reason for this is simple: You know the most about your business, and your business needs you to succeed.
A writer can work with you to make your business plan sound better to investors, and a consultant can help you fill in knowledge gaps — like how to conduct a SWOT analysis — and point out weaknesses in your plan. But, at the end of the day, you need to use the business plan to pitch investors and run your business.
Those ideas and guiding principles aren’t something you can outsource.
Should I use business planning software?
Software isn’t required when creating an effective business plan. Most business planning software is designed to help you navigate the outlining and writing process more effectively.
You don’t need software to write a professional business plan, but a solid template can help you get started. Download a free template from PandaDoc today and take your business to the next level.
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5 Types Business Plan PDF Templates with Free Samples
Creating a business plan can be a daunting task for many entrepreneurs. To make the process easier, having a template to work from can be helpful.
We will outline five popular types of business plan PDF templates and provide free samples for each type. This way, you can get a better understanding of which template is best suited to your business needs and objectives. With a suitable template, you can ensure your business plan is comprehensive and professional.
Read on to discover the five types of business plan PDF templates with free samples.
#1 One Page Business Plan Template PDF
Are you starting a business and want a simple plan? The One Page Business Plan Template PDF is perfect! Here are two templates overview you need to know:
Template 1: Blue Business Plan
The Blue Business Plan is a simple yet professional one-page template perfect for small businesses and startups. It's easy to customize and is available in a PDF format for convenient use.
Template Highlights:
Here are some of its highlights:
Clean and minimalist design that looks professional and modern
It provides space for company summary, product/service description, target market, marketing and sales strategies, and financial projections.
Easy to fill out with a straightforward format that eliminates the need for extensive business planning
Try it out with the free sample and see how it can help your business succeed.
Template 2: One Page Business Plan Workbook
This template is a comprehensive workbook that includes everything you need to create a business plan from start to finish. This business plan workbook is perfect for anyone who wants a complete template that guides them through the process step-by-step.
This template breaks down the business plan into clear and concise sections, making it easy to follow.
Each section includes a corresponding worksheet to help you gather and organize the necessary information for your business plan.
The workbook provides detailed instructions and guidance on how to fill out each section, including tips and examples.
#2 Startup Business Plan Template PDF
A startup business plan template PDF is helpful for those wanting to start their own business. Here are two templates overview you need to know:
Template 1: Fox Gradient Business Presentation
Are you looking for a modern and eye-catching business plan template? The Fox Gradient Business Presentation template might be perfect for you! Whether starting a new business or seeking funding, this Fox Gradient Business Presentation template is a great choice to make a lasting impression.
This template has a professional and sleek design that will make your business plan stand out.
Using gradients and geometric shapes creates a visually stunning effect that will impress your audience.
It features customizable icons, maps, charts, and tables to help you present your information clearly and effectively.
Template 2: Startup Business Aesthetic Report
This business plan template is perfect for those who want to showcase their business visually appealingly. The Business Aesthetic Report template is modern and professional and will impress your potential investors.
The template includes 24 unique slides with different color schemes and layouts, allowing you to choose the one that best suits your needs.
It has placeholders for images, so you can easily add your business photos or graphics.
The template also has infographics to help you clearly and concisely present your data.
#3 Small Business Plan Template PDF
If you have a small business, you need a plan! This template can help you get started and achieve your goals. Here are two templates overview you need to know:
Template 1: Weekly Work Plan Summary
This business plan template is perfect for small businesses or entrepreneurs who must organize their weekly tasks and goals. It is simple and easy to understand, even for someone just starting a business.
The Weekly Work Plan Summary template is a one-page document divided into seven days of the week, with sections for morning, afternoon, and evening tasks.
Each day has a space for writing down the top priorities and any additional tasks that must be completed.
There is also a section for noting important weekly meetings or deadlines so everything is organized in one place.
Template 2: Fresh General Plant Work Summary
This Small Business Plan Template PDF is perfect for those who want to focus on their business's operations and daily tasks. Additionally, the financial section provides a clear picture of the company's budget and future revenue projections, making it easier to make informed decisions and plan for growth.
This template includes a one-page summary of the company's operations, sales, marketing, and financial goals.
In addition, it describes the company's products and markets.
The financial section includes a budget for each department and a projection of revenue and expenses for the upcoming year.
#4 Non-profit Business Plan Template PDF
Non-profit businesses also need a plan to reach their goals! Here's a template to help them out. Here are two templates overview you need to know:
Template 1: Store Profit and Loss Analysis Table
This template is perfect for businesses with a physical storefront or online shop. It helps owners track their revenue, expenses, and profits.
The easy-to-read format includes all essential financial information
It helps business owners identify where they can cut costs or increase revenue
Provides a clear snapshot of a business's financial health at a given moment
It can be used to compare performance over multiple periods
It Helps with tax reporting and budget planning
Free sample available for download
Template 2: Profit Financial Management System
The Profit Financial Management System template is essential for businesses looking to manage their finances and track their profits. By providing a clear picture of a business's financial performance, this template can help identify areas for improvement and support financial planning for the future.
This template provides a clear picture of a business's financial performance and can help identify areas for improvement.
Business owners can use the template to set realistic financial goals and track their progress toward meeting them.
The spreadsheet makes it easy to manage finances and track profits, reducing the risk of errors or oversights.
#5 Fill-in-the-blank Business Plan Template PDF
This business plan template is easy to use because it has blanks to fill in with your information. Here are two templates overview you need to know:
Template 1: Modern Black Business Report
The Modern Black Business Report template is a professional and visually appealing option for any business looking to create a comprehensive and attractive business plan. Plus, it's free to download and easily customized to your needs.
Here are the highlights of this template:
This template includes a cover page, executive summary, company description, market analysis, and financial projections.
The cover page has space for your company logo, contact information, and business description.
The market analysis provides an overview of your target market, competitors, and industry trends.
Template 2: Black Business Cover
This business plan template pdf features a stylish, professional-looking cover design, perfect for any business. If you want a professional-looking cover for your business plan that stands out, this black business cover template is ideal for you.
Here are some of the highlights:
The template has a clean and modern black design, making it easy on the eyes and perfect for any business.
The cover is fully editable, so you can add your business name and logo to make it personalized and unique to your company.
The template's sleek and stylish cover gives potential investors and partners a professional impression.
Advantages and Disadvantages of A Business Plan Template
A business plan template's benefits and drawbacks will be discussed here.
Saves Time:
Business plan template PDF files provide a pre-designed structure, making it easier and quicker to create a well-organized plan. This time-saving factor allows entrepreneurs to focus on other critical aspects of their business.
Ensures Comprehensive Planning:
A business plan template PDF prompts entrepreneurs to consider all the essential details and components required for a successful venture. It helps identify potential challenges and solutions, ensuring a more comprehensive planning process.
Professional Formatting:
Using a business plan template PDF ensures that your plan follows a professional format. This consistency helps in presenting your ideas and concepts in a clear and organized manner, making it easier for investors or lenders to understand your vision.
Disadvantages
Lack of Originality:
While templates offer structure and guidance, they may limit creativity and originality. Entrepreneurs may need help to express their unique ideas and differentiate themselves from competitors when using a template.
Not Tailored for Every Business:
Business plan templates are general guidelines that may not address specific industry or business needs. Entrepreneurs must adapt the template to fit their unique circumstances, which can be time-consuming and require additional research.
Potential Inaccuracy:
Templates often provide sample financial projections or market analysis, which may not accurately reflect an entrepreneur's situation. Without in-depth research, relying solely on template data can lead to incorrect assumptions and unrealistic expectations.
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FAQs About Business Plan Template PDF
Q1:what should be included in a business plan pdf.
A business plan template pdf should include details about your business goals, target customers, and marketing plans. It should also have financial projections and an executive summary. Use WPS Office to create or edit your free business plan template pdf.
Q2:How to write a business plan PDF?
To write a business plan PDF, you must start by researching and making a plan.
Look for a free business plan template PDF that fits your needs.
Next, create a clear outline of your business goals and strategies.
Use a startup business plan template PDF or a one-page business plan template PDF to keep it simple.
Remember to include financial projections.
Edit and format your plan using WPS Office, a helpful tool for working with PDF files.
Q3:What are the common mistakes in writing business plan templates?
Some common mistakes are:
Not setting clear goals. Make sure you know what you want to achieve.
Ignoring competition. Research the market and understand who your competitors are.
Underestimating expenses. Be realistic about the costs involved in running a business.
Not including a marketing strategy. Think about how you will promote your business.
You need to update the plan. Your business plan should be a living document that is regularly reviewed and updated.
Q4: How to find a business plan template pdf in WPS Office?
If you need a one-page business plan template pdf, non-profit business plan template pdf, or small business plan template pdf, search online. Once you find a template, use WPS Office to open or edit the PDF file.
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With WPS Office, you can do more with your PDFs. Edit, annotate, and even convert them to other file formats. Plus, with a range of customizable templates, you can create professional-looking documents quickly.
If you want to learn more about the benefits of WPS Office's PDF toolkit, check out their website for more information. You can also download their software and explore their templates to find the perfect fit for your business needs.
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Frequently Asked Questions
What is the purpose of documentation.
- To describe particular process or operations.
- To assign tasks and responsibilities.
- To establish authority and standardize business practice.
- To bring regulations and eliminate unwanted situations.
- To comply with contractual conditions.
- For training programs.
- To record different operation details
- To inform, instruct, persuade or prohibit something, etc.
What are the Essential Legal Documents Businesses Need?
- The operating agreement for LLCs
- Business plan
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- Online privacy policy
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- Memorandum of understanding
What are the Important Business Record Documents?
- Legal documents- It makes business operations valid and legitimate.
- Accounting records- It holds commercial business transactions.
- Bank statements- It holds the summary of all your business bank account's transactions.
- Insurance documents- It records all your business insurance' details.
- Permits and Licenses- It is a clearance to practice your business legally.
What are the Benefits of Documentation?
- It simplifies documentation of your official, unofficial or technical data. It may reduce your workload, increasing your efficiency.
- It can save your time and money that you would instead have spent in hiring experts and professionals.
- It is profoundly clear and consistent.
- It satisfies customers' needs for information and instructions.
What is a Portable Document Format?
It is a file format developed in the 1990s by Adobe that is popularly known as PDF. These files can contain all types of data, including text, graphics, numerical data, rich media like audio-visual content, etc. It is based on PostScript language
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Grab my free blog business plan template in both Google Doc and PDF format (that's helped me build a six-figure blog) and reach 500,000+ monthly readers today. Enter your first name *. Enter your email address*. Last year alone, my blog generated $449,107 in revenue (see more in my blog income reports ), and it's been earning in the six ...
Write something like, "In 3 months, I'd like to reach 10,000 monthly pageviews on my blog.". Or "In 3 months, I'd like to have made my first $100 from my blog.". Repeat that question for 6 months and 1 year. I prefer to set quarterly goals, so if you want to do that, have goals for every 3 months.
Step 3: Competitor Analysis. Before launching your blog into a business, it's important to research your competitors and similar blogs, so that you can try to stay ahead of the game. A little warning for you though: When doing your research, make sure of two things:
Writing a blog business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1. Executive Summary. An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and ...
Step 3: Blog Content Overview. Your blog requires not only a general business plan but also a blog content strategy plan. Noting not just the sorts of content that will be published, but also how you plan to maintain the quality high. Make a list of the primary topic categories that your blog will cover.
Lean Business Plan Template PDF. This scannable business plan template allows you to easily identify the most important elements of your plan. Use this template to outline key details pertaining to your business and industry, product or service offerings, target customer segments (and channels to reach them), and to identify sources of revenue.
Without further ado, here are the components of my blog business plan: 1. BRAND. Brand name. You should come up with a brand name. This is the same as your blog name. Don't need to go over the top - keep it simple. Here's a tutorial on how to pick a blog name, if you need help. Vision & mission of your brand.
When creating a financial plan for your blog, you need to define proforma expense and revenue reports for five years and breakeven analysis. You should consider your budget in this section of the business plan for blog . You can start with just $100 or go high at around $10,000. On average, you can earn from $100 to $500 per month, in an ideal ...
Step 1: Concentrate Your Vision With an Executive Summary. A business plan begins with an executive summary. It's like the elevator pitch for your business. In the space of about a page, a reader should gain a pretty good sense of who you are and what you're about.
With this business plan template, you'll be able to: Write a company description that sells your story. Plan for the future: lay out goals and metrics for success. Describe your product line in detail and plan for how to stand out from competitors. Consider any legal formalities that require attention when starting your business.
Download a free business plan template in Google Doc, Microsoft Word, and PDF formats. Includes expert guidance to help fill out each section. Why you need a business plan template Writing a business plan can seem like a big task, especially if you're starting a business for the first time and don't have a financial background.
Free Business Plan Template PDF. Written By: Dave Lavinsky. Dave Lavinsky is the Co-Founder and President of Growthink, a premier business advisory firm. With over 25 years of experience in business planning, capital raising, and new venture development, Dave has significantly impacted entrepreneurs and small business owners worldwide.
This is why crafting a business plan is an essential step in the entrepreneurial process. In this post, we'll walk you through the process of filling out your business plan template, like this free, editable version: Download a free, editable one-page business plan template. We know that when looking at a blank page on a laptop screen, the idea ...
Strategic Plan Template. Focus on the future and keep your company moving forward with Jotform's Strategic Plan Template. Simply fill in the attached form with your company overview, delve deeper with a SWOT analysis, and finish off by determining your strategic goals, actions, and financial plans. Our fully-customizable template converts ...
Step 1 - Create an Executive Summary. An executive summary is the first section of a traditional business plan, serving as the first impression of your business. Please give a brief overview of your company, including its mission, key goals, and a snapshot of your financial projections.
Simple Business Plan Template. This template guides you step by step through all the elements of a small business plan, covering areas like the company's history, introducing the management team, conducting market analysis, presenting product or service details, outlining financial projections, and more. Additionally, it includes a pre-built ...
Business plans come in all shapes and sizes. The best business plan template for your business is one that you understand and that matches the size and legal structure of your operation. If you're a sole proprietor, a business plan template designed for a big corporation probably doesn't make sense.
A good business plan guides you through each stage of starting and managing your business. You'll use your business plan as a roadmap for how to structure, run, and grow your new business. It's a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners.
A business plan template sets out the company information, goals, future objectives and strategies for a (starting) business.
Look for a free business plan template PDF that fits your needs. Step 2: Next, create a clear outline of your business goals and strategies. Step 3: Use a startup business plan template PDF or a one-page business plan template PDF to keep it simple. Step 4: Remember to include financial projections. Step 5:
Nonprofit Organizations Need to Have Their Own Business Plan. Make One Using Template.net's Free Nonprofit Business Plan Templates. Our Collection of Templates Are Perfect for Creating a Nonprofit Marketing Plan Outline, Blank Proposal, Social Enterprise Grant Proposal, Executive Summary, Proposal Template, Strategic Plan, and Profit Organization Startup Plan. Download Now!
A. Vision Statement. The vision/mission statements are clear summaries of where the business is headed. It describes what the business produces, who products are produced for, and unique business characteristics. It will reflect the values of the management team and the type of business culture you are trying to create.
Planning on Establishing a Nursery, Kindergarten, Primary School, or a Non-Profit Educational Institution for Underprivileged Students? Then Download Our Sample School Business Plan Templates! They Feature Standard Business Plan Format with Ready-Made Sections Such as an Executive Summary Page and Competition Analysis. Download Anytime for Free Only Here on Template.net!
Get other free document templates for business projects, small businesses, startups, and corporate technical processes. Edit Document Online for Free and Download. Edit your document template example's design online to align with your company's business requirements based on your needs and processes.
Why you need a restaurant business plan. Before we get into how to create a restaurant business plan, let's talk about why you need one. A restaurant business plan: Sets expectations and creates a common set of goals for you and your business partner(s). Acts as your North Star to keep you on track as you open and run your restaurant.