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How can I get free sample business plans?

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You will need to create a business plan when starting your own business. You have many resources to work with and you don't need to pay a professional to create one. However, it is a good idea to have others look it over to make sure you are not missing key items. Often you can get so involved with a project that simple things will not appear to you because you are too close to the project.

A business plan is one of the first steps you will take as a small business owner. A good business plan will give a blueprint of how the business is to work and have a basic timeline to follow to meet all of the requirements to be successful. You will find that your business plan will also need changes as you get farther into your business. For instance, you may find that you cater to a certain niche in the industry better than your competitors. Be flexible and capable of changing the plan when needed.

The most important need for a business plan is getting loans. If you are going to fund your business yourself, then your business plan can be written on a napkin at the local restaurant. However, if you are going to get a venture capitalist or the bank to fund your project, then you will need a well written plan and need to present your plan properly in order to convince these potential business partners that you know what you are doing.

Free examples of business plans can be found at the public library. You can look in the business section for books on business plans. Many of these books will not only have examples, but they will have instructions on how to write the plans. These are a great resource because they will bring up ideas that you may not have thought of before. For instance, if you were starting an ice cream shop, you may not have realized that you needed to meet certain city codes in order to serve food. These example plans will be a great place to start.

Another resource to look at will be the internet. Look up `free business plans' on a search engine and you will literally get thousands of hits. You may even be able to narrow your search down to a certain industry. For example, if you are working in the plumbing industry, you should be able to look up `free plumbing business plan' and get multiple hits on that search alone. This will be an invaluable resource as you start creating your own business plan.

Probably the best resource out there would be your business peers. Too often, people look at others as competitors and not peers. You will be meeting these other business owners in the industry as you work on projects together making bids and in other places. You will need to work together to lobby lawmakers in support of your business also. Hence, you each need to support each other. You may find that they are willing to give you copies of their business plan for you start creating your own.

In summary, the business plan is meant for partners or investors to see that everything is in place for the business to be successful. You will want to have a professional looking plan with substance and all of the numbers put together. You have multiple free resources to use and you should use them all. You may even be able to find a very close copy of a business plan that fits your industry.

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Posted by DF
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