HOW TO WRITE A BUSINESS PLAN | FREE TEMPLATE SAMPLE

Welcome To Martins Library

The Business Plan - Starting Up a Business - or - Upgrade an Existing one

WE ARE PROFESSIONALS IN WRITING

Business Proposals, Feasibility Study, Business plan and Financial Templates

Do you want to start a business? Do you want to access a loan/grant from Bank of Industry (BIO), Commercial bank or Agribank? Looking for an investor to fund your business? Want to source where to buy locally fabricated or imported production machinery of different capacity? Call +2347030722911 for detailed inquiries.

You’ve got a business idea. You’ve decided to start a business in a small or large scale. You want to get going but don't know where to begin. There’s a lot more to a good business than a good idea. You need to think things through to maximise your chances of success. Are you the right person to run the business? Will customers like your product?

A business plan will help you turn an idea into a business. It needs you to think through all the parts of your business to plan how everything will work. It will take a few weeks to write if you’re going to do it properly. Some parts will be easier to complete than others.

Stick at it because it’s not the final document that’s important, it’s the process. Although you want to have a good plan when you’re done, an OK plan is better than no plan.

Free Business Plan Samples for your Business - Click Here

Place an Order Here

Martins Library Business Plan & Feasibility Study

The best business plans aren’t long and complex; they explain only the most important information – what you want to achieve, how you will get there and the things you need to do along the way.

It’s best to tackle a business plan in small chunks. Martins Library Business Plan Pack can help. This is the Business Plan divided into sections to help you develop your business idea. You can use the information in the Guide to help you complete the sections. Some of the sections of The Business Plan have tables to record the financial parts of your business. The tables are also available in MS Word and MS Excel format and the sums in these are automatic.

Martins Library Enterprise Programme

Martins Library has helped many young people to complete their business plans and start their own businesses. If you are aged 18–30 and unemployed or working fewer than 16 hours per week, then we might be able to help you. We have offices in Nigeria with a team of Enterprise Programme & Expert staff.

To take part, you need to be interested in self employment and have a business idea that you would like help to test and explore. The programme can then help you to see if your business idea will work and whether self employment is right for you. If through this process you find out it is, the programme can offer mentoring support and, if you really need it, financial support to start your business. However, if self employment turns out not to be the right option, the programme can offer support to secure other goals in employment, education, training or voluntary work.

We can’t guarantee that your business will work without a business plan or that we will be able to offer you money, but if you are up for a challenge and want our help to explore your business idea, get in touch by Contacting Us Today.

SAMPLE TEMPLATE FOR STANDARD BUSINESS PLAN FROM MARTINS LIBRARY

Getting started

Whose plan is this?

Business and owner details:

Business name:

Owner(s) name:

Business address and postcode:

Business telephone number:

Business email address:

Home address and postcode (if different from above):

Home telephone number (if different from above):

Home email address (if different from above):

Section one

Executive summary

1.1 Business summary:

1.2 Business aims:

1.3 Financial summary:

Elevator Pitch

1.4 Your business name:

1.5 Strapline:

1.6 Elevator pitch:

Section two

Owner’s background

2.1 Why do you want to run your own business?

2.2 Previous work experience:

2.3 Qualifications and education:

2.4 Training Details of future training courses you want to complete:

2.5 Hobbies and interests:

2.7 Additional information:

Section three

Products and services

3.1 What are you going to sell?

a product

a service

both

3.2 Describe the basic product/service you are going to sell:

3.3 Describe the different types of product/service you are going to be selling:

3.4 If you are not going to sell all your products/services at the start of your business, explain why not and when you will start selling them:

3.5 Additional information:

Section four

The market

4.1 Are your customers:

individuals

businesses

both

4.2 Describe your typical customer:

4.3 Where are your customers based?

4.4 What prompts your customers to buy your product/service?

4.5 What factors help your customers choose which business to buy from?

4.6 Have you sold products/services to customers already? If you answered “yes”, give details:

4.7 Have you got customers waiting to buy your product/service? If you answered “yes”, give details:

4.8 Additional information.

Section five

Market research

5.1 Key findings from desk research:

5.2 Key findings from field research – customer questionnaires:

5.3 Key findings from field research – test trading:

5.4 Additional information:

Section six

Marketing strategy

What are you going to do?	Why have you chosen this marketing method?	How much will it cost?

TOTAL COST

Section seven

Competitor analysis

7.1 Table of competitors

Name, location and business size	Product/service	Price	Strengths	Weaknesses

7.2 SWOT analysis :

Strengths	Weaknesses
Opportunities	Threats

7.3 Unique Selling Point (USP):

Unique Selling Point (USP)

Section eight

Operations and logistics

8.1 Production:

8.2 Delivery to customers:

8.3 Payment methods and terms:

8.4 Suppliers:

Name and location of supplier	Items required and prices	Payment arrangements	Reasons for choosing supplier

8.5 Premises:

8.6 Equipment

		If being bought
Item required	Already owned?	New or second hand?	Purchased from	Price

8.7 Transport:

8.8 Legal requirements:

8.9 Insurance requirements:

8.10 Management and staff:

8.11 Additional information:

Section nine

Costs and pricing strategy

	Product/service name
A	Number of units in calculation
B	Product/service components	Components cost
C	Total product/service cost
D	Cost per unit
E	Price per unit
F	Profit margin (£)
G	Profit margin (%)
H	Mark up (%)

Do You want to start up a Business? Get A Business Plan Today: See Procedures Here

Section ten

Financial forecasts

10.1 Sales and costs forecast

	Month	1	2	3	4	5	6	7	8	9	10	11	12	TotaL
A	Month name
	Sales forecast
B	Product/service
C	Product/service
	Costs forecast
D	Product/service

Assumptions

(e.g. Seasonal trends)

10.2 Personal survival budget

Section		Monthly cost (£)
A Estimated costs	Mortgage/rent
	Council tax
	Gas, electricity and oil
	Water rates
	All personal and property insurances
	Clothing
	Food and housekeeping
	Telephone
	Hire charges (TV, DVD etc.)
	Subscriptions (clubs, magazines etc.)
	Entertainment (meals and drinks)
	Car tax, insurance, service and maintenance
	Children’s expenditure and presents
	Credit card, loan and other personal debt repayments
	National Insurance
	Other
B	Total costs (£)
C Estimated income	Income from family/partner
	Part time job
	Working tax credit
	Child benefits
	Other benefits
	Other
D	Total income (£)
E	Total survival income required (£)

10.3 Cashflow forecast

Month

Pre-start

Total

Month name

Money in (£)

Funding from The Prince’s Trust

Funding from

other sources

Own funds

Incomes from Sales

Other

Total Money in (£)

Money out (£)

Loan repayments

The Prince’s Trust

Personal drawings

Total money out (£)

Balance (£)

Opening balance

Closing balance

10.4 Costs table

Cost item	What is included and how you worked it out	Total cost

Section eleven

Back-up Plan

11.1 Short-term plan:

11.2 Long-term plan:

11.3 Plan B:

11.4 Plan B continued...:

Order A Business Plan Today: See Procedures Here

At Martins Library, We provide Informative Materials for Writing Books, Projects, Seminars, Journals, Articles, Proposals, Feasibility Study Etc For Business And Educational Purposes.

Click on the related links below and read more.

We can keep you updated on this information, please Subscribe for Free by entering your email address in the space provided.

Read More About Us, Our services and our Privacy Policy

Do you like this article? Share this article

Follows us on Google Plus Facebook & Twitter

CONTACT US TODAY FOR OUR SERVICES