But there are cons with free business plan templates. Check out our best picks.] "The process of writing a business plan lets you personally find the kinks in your business and work them out.
Now, starting with an online template is a good start, but it needs to be reviewed and targeted to your market," said Attiyya Atkins, found of .
"Downloadable business plans may have dated market prices, making the budget inaccurate.
If you're looking to get money from investors, you need a customized business plan with zero errors." Janil Jean, head of overseas operations at said that free templates offer limited customization (such as company name, some text, etc.) and are used by a ton of people, so chances are, if you are using that to secure funds, investors might be tired of seeing the same business plan format.
Plan Buildr offers a step-by-step guide to help you complete each section of its business plan template – something that is especially helpful for those who have never written a business plan before.
It takes less than 10 minutes to complete, it automatically calculates financials for you, plus you can choose from 10 professional designs.MOBI, or My Own Business Institute, is part of Santa Clara University's Center for Innovation and Entrepreneurship.They offer a business plan template consisting of 15 sections that include the business profile, licenses/permits and location. MOBI provides helpful suggestions for how to fill in each section as well who should review it.If you've never written a business plan before or just want to save time and effort, here are 10 websites where you can download a business plan template and get started.Editor's Note: Looking for a business plan template or service for your business?The benefit of paying for business plan templates, or paying for having your business plan reviewed, is the accuracy of information and customization."Your audience gets thousands of applications per day.You can answer all of the questions using keywords and short phrases.This template is used as the official business plan for the New York Start UP! The PDF business plan template was adapted from Rhonda Abrams' (The Planning Shop, 2010).Business plans are used by entrepreneurs to secure funding for their business idea or by small business owners looking to refine their business strategy.Regardless of the purpose, having templates at the ready can be helpful.