Legaltemplates' free business plan template is available for download, and once you complete it, you simply print it out.
You can also download a filled-in version to use as a reference.
"Downloadable business plans may have dated market prices, making the budget inaccurate.
If you're looking to get money from investors, you need a customized business plan with zero errors." Janil Jean, head of overseas operations at said that free templates offer limited customization (such as company name, some text, etc.) and are used by a ton of people, so chances are, if you are using that to secure funds, investors might be tired of seeing the same business plan format.
MOBI, or My Own Business Institute, is part of Santa Clara University's Center for Innovation and Entrepreneurship.
They offer a business plan template consisting of 15 sections that include the business profile, licenses/permits and location. MOBI provides helpful suggestions for how to fill in each section as well who should review it.Invoice Berry also provides marketing plans and executive summaries you can insert into your business plan.The pro of going the free route is that, well, the templates are free.The website also breaks down each section and provides instructions on how to download and fill in the template.Bplans' investor-approved business plan template has been used by Princeton University and Babson College to teach entrepreneurs how to start a business.If you're looking for information to help you choose the one that's right for you, use the questionnaire below to have our sister site, Buyer Zone, provide you with information from a variety of vendors for free: The Balance's business plan template is broken down into sections that will aid you in completing the best possible business plan, whether you are creating it for funding or strategy.According to the website, each section can be copied into Word, Excel or a similar word-processing app by simply copying and pasting the text.The template starts with an executive summary and then guides you through the other elements, including the financial plan, company overview and more.There's also a step-by-step guide for writing a business plan, and Bplans provides a library of sample business plans to ensure you're on the right track.But there are cons with free business plan templates. Check out our best picks.] "The process of writing a business plan lets you personally find the kinks in your business and work them out.Now, starting with an online template is a good start, but it needs to be reviewed and targeted to your market," said Attiyya Atkins, found of .