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The business plan consists of a narrative (body) and financial worksheets. Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished, you’ll have a collection of small essays of the business plan.
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The importance of a business plan template cannot be overemphasized. Instead of paying hundreds of dollars to business consultants to write a business plan for you, templates come in handy in the sense that they eliminate technical and structural problems that face most people who have difficulties writing a business plan.
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Sample franchise business plan: Please note that the example business plan linked below is a sample of one way to format a business plan. There are several different acceptable formats, and the contents of business plan sections will vary significantly due to factors including the franchise system, the type and amount of loan sought, the franchisee’s background, etc.