Use our templates to create your business plan
How you benefit from our business plan template
- Comprehensive, easy-to-read overview of financial and other factors
- In-depth assessment of your plan's chances of success
- Help with formulating decision-making parameters for strategic partners and making effective presentations
Creating a business plan isn‘t something you do once and then forget about. Instead, we recommend that you go over it on a regular basis, bringing it into line with changes in the market environment and incorporating any new insights.
Tips on your business plan
Who exactly do you want to reach with your business plan, and what are your objectives? Tailor your business plan to the recipient in terms of what you‘re asking for, your arguments, how you formulate things, and the supporting documents. If necessary, prepare several versions.
First impressions count, even when it comes to business plans. Take care to present an attractive package, with meaningful and easy-to-understand supporting material. Use our business plan grid and sample as guides. Of course, you can and must adapt the structure and content of your business plan to your own requirements.
Check that your business plan is self-consistent. For example: Can the revenue targets be reached with the marketing activities and staff planning you’ve set out? Will the adjustments to your infrastructure be able to keep pace with growth? Have all the costs and necessary investments been taken into account? Is the timeline for implementation realistic? And much, much more.
For your own protection, we recommend that you always build various scenarios into your financial planning: a realistic management case with your actually budgeted objectives, and a worst-case scenario where, for example, everything takes twice as long and costs twice as much, but produces only half the revenues.
The business plan provides the necessary framework for monthly controlling: in other words, a rigorous target vs. performance comparison covering contact with clients, quotes, orders, revenues, costs, and – in particular – liquidity.
Consider critical feedback and further questions from banks or other partners as opportunities to optimize your business plan. Update your business plan in line with current developments and new priorities on an ongoing basis. Integrate the insights you gain from monthly controlling into your business plan (at least once a year).
Business Navigator – the free business plan tool
Put your business ideas on paper today. This unique tool from IFJ, the Institute for Young Companies, takes you step by step through all the important topics, then gives you a perfectly formatted business plan at the press of a button. It’s an ideal basis for discussions with investors and banks.
We offer you the required services so that you can meet all the requirements for the daily operation of your business during and after the company foundation.