{"id":22526,"date":"2020-07-08T18:04:14","date_gmt":"2020-07-08T16:04:14","guid":{"rendered":"https:\/\/1-grid.com\/blogs\/?p=22526"},"modified":"2024-02-12T15:48:37","modified_gmt":"2024-02-12T13:48:37","slug":"free-business-plan-templates","status":"publish","type":"post","link":"https:\/\/1grid.co.za\/blog\/free-business-plan-templates\/","title":{"rendered":"Free Business Plan Templates\u00a0"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Starting a business<\/span><span data-preserver-spaces=\"true\"> is one of the most nerve-racking and scariest things you\u2019ll ever do. However, on the other side of starting, is immense reward and accomplishment. To help you get over the hurdle of having a cohesive starting plan, we compiled a list of the <\/span><strong><span data-preserver-spaces=\"true\">best free business plan templates<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0we could find.<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">Why is it essential to have a business plan?\u00a0<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">There are endless reasons to have a cohesive business plan, here are few:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">If you\u2019re seeking funding or a loan<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">A roadmap for leadership<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Make decisions with confidence<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Set specific, achievable and measurable goals<\/span><\/li>\n<\/ul>\n<h5><strong><span data-preserver-spaces=\"true\">How to start mapping out your business plan:\u00a0<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">A good point of departure when mapping out your business plan is to have the following:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Clarity on what your main idea is and figure out your niche<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Narrow down your competition and market<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Set a budget and be clear on the capital you have at your disposal<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Document everything<\/span><\/li>\n<\/ul>\n<p><strong>According to\u00a0Standard Bank, a business plan should have the following:<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Executive Summary of Information<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Company Description<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The opportunity, Industry and Market<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Business Strategy<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Management and Operations<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Marketing Plan<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Financial Plan<\/span><\/li>\n<\/ul>\n<p><strong><span data-preserver-spaces=\"true\">We compiled a few free business plan templates you can use to ensure that you\u2019re on the right path:<\/span><\/strong><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Score.org Business Plan Template (word doc)<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Score.org is a great platform that fosters and mentors small businesses. They feature an abundance of tools that are useful to small businesses.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Download the template here:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.score.org\/resource\/business-plan-template-startup-business\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">https:\/\/www.score.org\/resource\/business-plan-template-startup-business<\/span><\/a><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Law Depot Business Plan Template<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Law Depot offers a free business plan template for new businesses. The step-by-step guide starts with selecting your industry and takes you through several steps; their mechanism seamlessly takes you through conducting SWOT analyses, marketing, product, and operations. In the end, you can download or print your personalized business plan.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Download your template here:\u00a0<\/span><\/strong><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.lawdepot.com\/contracts\/business-plan\/?ldcn=partnership-and-joint-venture#.XwXWLigzbIU\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">https:\/\/www.lawdepot.com\/contracts\/business-plan\/?ldcn=partnership-and-joint-venture#.XwXWLigzbIU<\/span><\/a><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Microsoft Business Plan Templates<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Microsoft also has a comprehensive repertoire of business plan templates. All you have to do is pick the one that suits your business. You can either edit the template online or download it as a document and edit it in that format. From PowerPoint presentations to word documents with different looks and feel, variety is abundant. Search business templates and explore what they have to offer.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Download the templates here:\u00a0<\/span><\/strong><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/templates.office.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">https:\/\/templates.office.com\/<\/span><\/a><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Legal Templates Business Plan Template\u00a0<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Legal Templates offers an array of free business plan templates; from coffee shops to daycare businesses, clothing and retail. Select your chosen field or opt for the generic business plan. The website walks you through the various sections of a business plan.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Download the templates here:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/legaltemplates.net\/form\/business-plan-template\/#Free-Business-Plan-Template\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">https:\/\/legaltemplates.net\/form\/business-plan-template\/#Free-Business-Plan-Template<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starting a business is one of the most nerve-racking and scariest things you\u2019ll ever do. However, on the other side of starting, is immense reward and accomplishment. To help you get over the hurdle of having a cohesive starting plan, we compiled a list of the best free business plan templates\u00a0we could find. Why is [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":22528,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-22526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Free Business Plan Templates | Start Your Business Today<\/title>\n<meta name=\"description\" content=\"Start your business off on the right foot with a thorough business plan to set your small business up for success. 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