Write Your Home Based Business
Plan...
Easily and Correctly, Using Our Free Template
Your Home Based Business Plan is Important and Your Business will Be Far More Successful When You Plan Right...
Our Free Basic Home Based Business Plan Template leads you through the proper steps.
Writing your home based business plan will help you get a very clear picture of
your startup.
Here's a
free basic business plan
template designed to help you think your
business through. Before you start read these
writing business plan basics.
Are you writing this plan to make a presentation to bankers?...
- Pay close attention to quality and appearance.
- You will be judged by your thoroughness, as well as your concept.
- Be prepared to spend some quality time as you develop your ideas.
- The value of this process is in the research, and refining your ideas.
Here's an outline of a basic business plan for a small startup:
Cover
sheet
Purpose Statement
Table of contents
I. Your Business
A. Description
B. Marketing
C. Competition
D. Operating procedures
F. Insurance
II. Financial Data
A. Loan applications
B. Capital equipment and supply list
C. Balance sheet
D. Breakeven
analysis
E. Pro-forma
income projections and(profit & loss statements)
F.
Three-year
summary
G.
Detail by month, first year
H. Detail
by quarters, second and third years
I. Assumptions upon which projections were based
III.
Supporting Documents
A. Tax returns for the last three years
B. Personal financial statement (all banks have these forms)
C.
For franchised businesses, a copy of franchise contract and all supporting
documents provided by the franchisor
D.
Copies of licenses & other legal documents
E. Your resume
F. Copies of letters of intent from suppliers, etc.
Review The Outline-on the Left
Before you start writing your home based business plan, review our
Writing Business Plan Basics Then, click
here to download your free small business plan template-right now.(To
use this template, simply modify
it to suite you.)
You'll find tips and suggestions to
help you fine-tune your final draft.
Before you begin, read the section
titled:
Refine
Your Plan. (View sample plans of real businesses):
Completing
this process could take several weeks....
However, if you'll do the work,
the payoff is tremendous!..
(Keep
good notes regarding your financial assumptions, and where you
collected your information.)
If
you need assistance with your home based business plan, contact our home business mentors.
You can also contact the SCORE office in your area to set up a business counseling appointment
with a SCORE volunteer or send your plan for review to a SCORE counselor at www.score.org. Call 1-800-634-0245 to get the
contact information for the SCORE office closest to you.
Are you a visual learner?...
You might find this Video Workshop helpful. Click here to attend now: Developing Your Business Plan.
