For that to be true for your company, you'll think of part of your business planning process as tracking your actual results against your financial forecast on a regular basis.If things are going well, your plan will help you think about how you can re-invest in your business.But, you don't need an exact match for it to be helpful.
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When you sit down to write, you'll naturally think through important pieces, like your startup costs, your target market, and any market analysis or research you'll need to do to be successful.
You'll also look at where you stand among your competition (and everyone has competition), and lay out your goals and the milestones you'll need to meet.
If you find that you're not meeting goals, you might need to adjust your budgets or your sales forecast.
Either way, tracking your progress compared to your plan can help you adjust quickly when you identify challenges and opportunities—it's one of the most powerful things you can do to grow your business.The following are the nine sections of a traditional business plan identified by the SBA: The following is a collection of sample business plans.Many of the business plan samples are provided by Palo Alto Software, the Makers of Business Plan Pro.You want your plan to be a useful tool for starting a business—and getting funding if you need it.One of the key benefits of writing a business plan is simply going to through the process.Every startup and small business is unique, so you'll want to avoid copying a sample plan word for word.It just won't be as helpful, since each business is unique.Think about business planning as something you do often, rather than a document you create once and never look at again.If you take the time to write a plan that really fits your own company, it will be a better, more useful tool to grow your business.It should also make it easier to share your vision and strategy so everyone on your team is on the same page.Keep in mind that businesses that use their plan as a management tool to help run their business grow 30 percent faster than those businesses that don't.