Launching a new business is harder than ever. With more startups competing for the same pool of investors, standing out requires a clear, strategic approach.<\/p>\n
Investing time before launch to outline your business\u2019s goals, funding needs, and projected profits in a solid business plan can set you apart. But building a strong plan means more than just pulling a few paragraphs together, and that\u2019s where templates come in.<\/p>\n
In this article, we\u2019ll break down what a business plan template includes, the different types you can use, tips to maximize your plan\u2019s impact, and how monday.com\u2019s AI Work Platform can help startups organize planning, timelines, dashboards, documents, and execution workflows in one connected workspace.<\/p>\nGet started<\/a>\n"}]},{"main_heading":"Key takeaways","content_block":[{"acf_fc_layout":"text","content":" A business plan is a written document outlining a structured framework for how a company intends to achieve its goals. These objectives can be anything, such as achieving a specific market share, increasing revenue, or reaching the next round of funding.<\/p>\n Companies of all stages and sizes use business plans, but they are especially useful for startups and new businesses that need to clarify strategy, align teams, and support funding conversations.<\/p>\n A business plan template is a customizable document that breaks down each section of a business plan, making it easier to organize ideas and create a coherent plan. A template also details how companies will meet these goals after launching the business plan.<\/p>\n"}]},{"main_heading":"What\u2019s included in a business plan template?","content_block":[{"acf_fc_layout":"text","content":" A business plan template can include a wide range of different topics, projections, goals, and descriptions. While there\u2019s no set length for these plans, they typically range between 15 and 30 pages, and can even extend to 50 pages for presenting a more complex business opportunity.<\/p>\n Business plan templates usually follow a structure that outlines goals, teams, and financials, and prompt businesses to answer essential questions that may arise for stakeholders and potential funders. Here is what is typically included in a business plan:<\/p>\n Startups also often include projected timelines in their business plan, with milestones for business development, launch, hiring, fundraising, and growth. Using monday.com\u2019s AI Work Platform can help teams organize, update, and collaborate on these sections without having to dig through scattered documents.<\/p>\n Additionally, you want to keep your plan organized with a table of contents at the beginning and appendices at the end, featuring legal documents, permits, patents, cash flow statements, and licenses.<\/p>\n"}]},{"main_heading":"How startups benefit from using a business plan template","content_block":[{"acf_fc_layout":"text","content":" Getting funding for a new venture isn\u2019t easy. For many startups, securing funding has become more competitive, making a clear, well-organized business plan even more important. New businesses seeking buy-in from venture capitalists may struggle more than in previous years to get off the ground, which is why managing cash runway is essential.<\/p>\n To support investor conversations, you need to demonstrate to potential funders that your business strategy, market opportunity, financial assumptions, and execution plan are well thought through. That said, business plan templates aren\u2019t just useful for funding; they have several other benefits, such as:<\/p>\n While there is some benefit to spending significant time developing a comprehensive business plan, agility is often more important in the startup business world. Business plan templates make it easier for budding businesses to speed up the process of writing a plan. Rather than starting from scratch, a simple business plan template provides the structure teams need to make sure all the most important information is included from the get-go.<\/p>\nGet the template<\/a>\n"}]},{"main_heading":"Four types of business plan templates (with examples)","content_block":[{"acf_fc_layout":"text","content":" There are dozens of business plan templates, each with its own structure and flow. Having a clear idea of what you need to get across and include in your template will help you stay on track and minimize delays. There are different types of business plans, meaning there are different templates, too. Choosing the right one can help you start with the right level of detail for your audience and goals.<\/p>\n Below, you can see a side-by-side comparison of the different types of business plans to make it easier for you to choose the right template. For more details on each one, keep reading.<\/p>\n\n\n
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