form swift business plan

Formswift: Kickstart your success with a clear business plan template

From accounting to retail, a business plan is the key to helping you run your business. Wherever you are on your entrepreneurial journey, try our business plan template today to set your business up for success.

A business plan outlines a business’s goals, strategies, and financial projections.

As a roadmap for the company's future, it details the company's mission, target market, financial plan, competition, and operational plans. This paints a picture of how the business will operate and grow over time.

Why use a business plan?

Whether you’re a small business or a large corporation, a business plan outlines your business's objectives, strategies, marketing plan, and financial projections. It provides a step-by-step blueprint for success, detailing your business concept, target market, competition, and operational plans.

In fact, a business plan can help you in a vast number of ways.

A business plan clearly articulates your business idea, mission, and values to establish a strong foundation.

A well-crafted business plan provides a clear understanding of the business's viability and helps attract potential investors or secure financing.

The planning process forces you to research and analyze various aspects of your business, helping you make sound decisions based on market trends and data.

By establishing specific objectives and milestones, a business plan helps you track progress and stay focused on achieving your targets.

Traditional business plans cover everything: From market analysis and marketing strategies to financial projections.

Lean startup plans focus on elements like value proposition, customer segments, and revenue streams.

Operational plans cover operations, resource allocation, and implementation plans.

When to use a business plan

A business plan is essential in various situations, including starting a new business, seeking funding, and expanding or restructuring an existing business.

Starting a new business

It’s crucial to have a well-defined roadmap when launching a new venture to ensure a smooth start and increase the likelihood of success.

Seeking funding or business loan

Along with a balance sheet, income statements, and financial statements, investors and lenders often require a business plan. This is all part of their evaluation process to assess the viability and potential return on investment.

Expanding or restructuring an existing business

When making significant changes to your business, a business plan helps you evaluate the impact and plan accordingly.

What’s included in a business plan?

A well-rounded business plan typically includes the following key sections.

A concise overview of your business concept, highlighting its unique value and potential. This is the most important part of a business plan, as many readers, especially investors, might not look beyond this section if it isn't compelling. Ideally, you should write this section last but present it first in the business plan.

Detailed information about your business, including its mission, legal structure, and key personnel. You should describe your industry, the current market, your target demographic, expected future market growth, and how your company plans to fit into that market.

A thorough assessment of your target market, industry trends, and competitive landscape. Include your company’s unique selling proposition (USP), marketing strategy, sales strategy, and plans for customer retention and engagement.

Your plans for reaching and attracting customers, including pricing, promotions, and distribution channels.

Detailed forecasts of your business's financial performance, including revenue, expenses, and profitability. This section should contain an overview of the business's revenue and expenses for the next three to five years. Include existing income statements, balance sheets, and cash flow statements if possible (in other words, if you’re already operating).

Specific details about your business operations, including facilities, production processes, and staffing requirements. Highlight your company’s management team and organizational structure.

If you’re seeking funding, it’s beneficial to add a section detailing how much funding you need, how the funds will be used, and your desired terms.

Frequently asked questions

Yes, Formswift provides business plan templates online that can guide you through the process of creating a business plan. These templates provide a structured format and prompts for each section, making it easier to get started.

Try our template today

The length of a business plan can vary depending on the complexity of your business. However, it’s generally recommended to keep it concise and focused, typically ranging from 15 to 30 pages.

Absolutely. As a business owner, you should use the plan as a dynamic document that evolves with your business. Regularly reviewing and updating your plan ensures it remains relevant and aligned with your goals.

As you expand and gain insight from competitive analysis, market research, target customers, and social media feedback, it’s important to adjust your business model and business plan for optimal growth.

If you have a management team, take time to meet with them to review what works and what doesn't, along with the competitive advantages your own business has. Take these advantages and highlight them in your business plan.

While not mandatory, having a business plan is still beneficial, even if you’re the sole proprietor. As an entrepreneur, it’ll help clarify your business objectives, identify potential challenges, and stay organized in achieving your goals.

A business plan is a valuable tool, but success ultimately depends on various factors, including market conditions, execution of strategies, and adaptability. A well-crafted business plan increases your chances of success but doesn’t guarantee it.

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• Extensive list of additional materials for SMBs

It is available in two editions:

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FormSwift is a tool to help you quickly and easily create, edit, sign, and collaborate on documents and forms. As a member, you can choose from our library of more than 500 document templates and forms or upload your own documents and use FormSwift’s tools to edit them.

FormSwift offers three major functions to its users. First is to create documents by choosing a template from the system’s integrated library of 500+ documents. They can then fill out a step-by-step questionnaire and export the completed material in either Word or PDF format.

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Overview of FormSwift Benefits

FormSwift is a friendly and straightforward system that lets people created and sign documents for no cost at all. The application comes with a library of 500+ templates, each designed professionally to help users create beautiful, impressive, and very convincing documents. Adding to the ease of use is the step-by-step questionnaire to help expedite the process. Document can be then exported in either Word or PDF format.

FormSwift is currently used by millions of users from around the world and has helped in creating over 16 million documents. Many businesses have found FormSwift to be an easy and affordable electronic signature service, branding the system as straightforward and the documents extremely professional.

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The system allows users to affix their electronic signatures on any documents in just seconds. With just one click, users can also requests for signatures. Once a document has been signed, notifications will be sent to inform users of the update.

Overview of FormSwift Features

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Free Download

Business Plan Template for Small Businesses

Business planning can feel complicated. it doesn't have to be. start putting pen to paper today with your free business plan template download..

Available formats:

Downloads: 937,299

Our free template includes:

• Fill-in-the-blanks simplicity

You don't need to be an expert. This template makes business planning easy.

All 100% free. We're here to help you succeed in business, no strings attached.

Why you need a business plan

Writing a business plan can seem like a big task, especially if you’re starting a business for the first time and don’t have a financial background. After all, business plans have changed over the years, and what lenders and investors expect now is different than it was even just 10 years ago.

What hasn’t changed is that writing a business plan will help you:

• Develop a strategy for success
• Reduce the risk of starting a business
• Explore new business ideas
• Attract investors and get funding

Learn more about how you can get value out of your business plan .

What is included in this business plan template?

This template includes definitions, guidance, and examples for every business plan component needed to start, fund, and grow your business.

After downloading the full template, you’ll receive instructions on how to fill out each of the following sections.

Executive summary

The brief summary of your business plan introduces everyone to your business, the problem you solve, and what you’re asking from your readers. It’s the first chapter of your business plan and the last thing you write once you have the details from your full plan.

Problem & solution

More than a simple description of your products and services – here you define the problem you’re solving and the value you provide. It’s also your chance to showcase any initial traction that shows you’re on the right track.

Market analysis and target market

A detailed assessment of the market you intend to enter, including the size and value of the market, potential customer segments, and their buying patterns.

Competition

Show that you know who your competitors are, what advantages you have, and how you’re positioning your business to be competitive.

Marketing & sales

Describe how you’ll reach and sell to potential customers with a detailed sales plan and chosen marketing channels.

What makes your business run? Outline the day-to-day workflows and what needs to be set up for your business to deliver a product or service.

Milestones & metrics

Set goals for your business that include the dates and people responsible for accomplishing them. This is what you’ll use to manage responsibilities, track growth, and execute your larger strategy.

Company overview and team

Provide a brief rundown of the legal and structural components of your company, including your history, current team, and gaps you need to fill.

Financial plan

Create well-structured and accurate financial statements to help you pitch to investors, land funding, and achieve long-term success. All without the help of a financial advisor or a degree in accounting.

While not required, this last section of your business plan is a great place to drop in additional documents that support and strengthen the rest of your plan.

How do you write a simple business plan?

If you’re exploring a business idea and don’t plan to pursue funding, then you actually don’t need to write a traditional business plan. Instead, opt for a one-page plan , which is far easier to create but just as effective.

To write a simple one-page business plan, follow the same core sections as a traditional plan. But instead of lengthy paragraphs and multiple pages covering each area of your business, stick with single sentences and bulleted lists.

If a one-page plan sounds like a better option, download our free simple business plan template to get started.

Start your business plan today

Whether you're writing a business plan to validate your business idea, secure funding, or grow your existing business – our template will help you achieve your goals.

Business plan template FAQ

What file formats are available for this business plan template?

You can download and use this business plan template as a Google Doc, .docx (Microsoft Word), or PDF.

Can you print out this template?

This is a printable business plan template that can be downloaded and printed no matter which format you choose.

Why should you start with a business plan template?

Starting with a good business plan template (like this one) includes everything you need to get started. It helps you organize your thoughts, and provides guidance, instructions, and examples to create an investor-ready and SBA-approved business plan format. It really speeds up the planning process. Oh, and it's 100% free!

Is writing a business plan easy?

Using a business plan template can make writing a business plan easier. Additionally, if you focus on just getting your information down quickly, with the expectation that you'll revisit and revise your plan, you can speed up and simplify the process .

Can someone write your business plan for you?

If you're still struggling to write your business plan even when using a template, you can look into hiring a professional business plan writer. We even have a free resource to help you ask just the right questions  to make sure you find the right plan writer.

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The quickest way to turn a business idea into a business plan

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Business Plan

• Explains the goals of a business and lays out plans to meet its goals.
• Great for new and established businesses.
• Great for communicating with investors and shareholders.
• Used to address business challenges, competition, and uncertainties.

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Business Plan

"This was a great service. I was able to create and print out my Business Plan in just 5 minutes. The step by step process was a breeze. Thanks again!" 

What Is A Business Plan?

A business plan is a formal document detailing the goals that the business will have. It will also include why these goals and attainable and how they will be met. A business plan may also include background information about the business and the people involved with the company.

What's Included?

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Swift smartbusiness software features, select a bundle to purchase, let us help you make a choice.

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