Two Page Business Plan Template
Two-Page Business Plans is not just for small businesses. They are also ideal for medium and large businesses. Why two-page business plans? Because they make it easy to explain the financial side of your business without having to detail every activity you do in a day. A two-page business plan template is going to look like a regular black and white business plan but it will be organized in two pages so you can easily refer to it during the planning stages of your business.
What are the benefits of using a two-page business plan template? It makes it easy to organize information so you can present it to your investors. Most people looking for investment capital want to know what you have done with your business. Investors also like to see a plan that clearly shows their cash flow and operating expenses so that they know how much money your business is worth.
You do not have to be a business expert to create a viable financial plan. You only need to understand your business and what type of business you are trying to set up. Two pages will allow you to add in information needed by investors, including a cash flow analysis, market, and geographic information, and any other things that will help them understand where you are in your venture. You will need to know how much income you expect from your business as well as how you intend on financing your business.
An accountant can provide a well-designed financial plan for your business. However, most entrepreneurs do not have the time to deal with an accountant on a daily basis. This is why a template for a business plan is going to make it easier for you to create a viable plan. You will be able to copy the information directly from the template into the document that you need and then send it out to your investors before you ever have to speak with anyone. You can also use the copy-and-paste feature in some word processors so that you can simply enter whatever information you need in order to get a finished product.
If you have more experience as a business owner, you can always start with a basic two-page business plan and turn it into a three or four-page business plan. Most businesses do not change their plans once they are up and running. However, others may need to periodically review their business plans in order to make adjustments. For example, if you anticipate a major downturn in your industry you may want to change your financial assumptions in the future.
Do not feel like you are doing something illegal or unethical by using a financial plan template. It is perfectly within the law to get such a document and use it in the operation of your business. There are even companies that allow you to download the template and use it in the operation of your business, regardless of whether you use it full-time or part-time. The important thing is that you are prepared in the future, and that you have a clear idea of what financial assumptions you will be making as your business begins operations. This will also allow you to adjust your financial plan as your business grows.
Once you have a solid understanding of your financial needs you should determine the purpose of your business. Do you want to provide a service, sell a product, or create a new product? You will also want to include information about the competition you face, the type of funding you will require, and the methods you will use to advertise your business. Remember, you do not necessarily have to include every item on your two-page business plan template. You can certainly leave portions out but remember that any significant information must be included.
Your two-page business plan and financial plan template should serve as the backbone for your business. All other business plans and business proposals should be based upon this foundation. Of course, you want to add to and modify your financial plan template as you grow your business and company. As long as you stay on top of your finances and anticipate future expenses you will be able to successfully grow your business and meet all of your financial obligations.