In a financial landscape dominated by volatility, a well-crafted, high level business plan that takes into account all the major variables is an invaluable tool – albeit an often overlooked one – in any entrepreneurs’ arsenal. To lend a hand with the groundwork, we have created the business plan timeline template, which you can download free of charge and update with your company’s specifics.
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The value of the business plan timeline
Entrepreneurs have a wide array of frameworks at their disposal to map a venture’s trajectory through the economic landscape. However, opting for a timeline format to create a business plan has multiple advantages, such as the ability to:
- Visually define each task and the individual or team handling it;
- Use the linear time progression to measure strategy effectiveness;
- Mark the critical deadlines that must be reached;
- Evaluate the progress of the venture in real time against the prediction;
- Easily present it to non-technical stakeholders and investors.
Furthermore, starting out with a business plan timeline example may allow you to discover things you overlooked or detect faults in the original concept. Remember, anything you build is only as strong as its foundation!
Not only will you be able to avoid pouring funds into fixing issues this way, but it will also allow you to create a much stronger plan to present before your investors. But if well-made business plans are the cornerstones of success, why are they often treated superficially?
The confusion around business plans
When they first sit down to sketch out the details of their venture, many entrepreneurs don’t know how to get the ball rolling. There are so many aspects to consider! How in-depth should the plan be? What specifics do you need to touch on? What are the things that entice investors? In a constantly changing market, even the more seasoned veterans are sometimes stumped. That’s why working with a ready-made timeline template can help you focus your attention on the most important aspects and save you precious time.
The one-page business plan timeline template FAQ
At first glance, a single page plan might seem insufficient, even lazy. However, the idea behind it is to separate the wheat from the chaff. In other words, you trim down the superfluous details until you’re left only with the critical points. To do so, try to answer the following questions:
- What market need does your product / service address?
- Who is the main customer base?
- How will the products / services be marketed?
- Who are the main competitors in this niche?
- How will the venture earn capital and what are the anticipated costs?
- What are the current and forecasted market conditions?
Doing your homework on these aspects will allow you to define clear goals and create an effective business plan timeline that you can then implement and tweak on-the-go. Otherwise, you risk getting bogged down in redundant details and you might even miss major opportunities.
Our business plan timeline template can be downloaded free of charge and updated as needed in PowerPoint, but it’s much faster and easier to do so with the Office Timeline add-in. Make an impression on your investors at the next meeting with a clear, concise and comprehensible plan to secure funding and transform your dream into a profitable reality.
At the beginning of each year, people in business fields always start their newly prosperous year with a business plan. Creating a business proposal is indeed a big task, you have to cast your eyes into the future and include a definitive guide to shape your business. And luckily, we got open source for business plan templates that fit our needs, which greatly save our time to draft a feasible business plan.
Create Your Own Bussiness Plan 2021
- Turn business plan template sources to PDF, Word, PowerPoint, Excel, ePub,etc;
- Convert image business plan to searchable/editable PDF, Word, etc.;
- Batch convert;
- Save business plan in PDF and protect & compress as needed;
Why Need A Business Plan?
A business plan is an indispensable part of a business, especially for those who just start up their new business. Here we collect several reasons why a business plan plays such an important role in our business:
- It helps organize your thoughts and enables you to have a quick startup instead of wasting lots of time and efforts on impractical guidelines;
- It offers instructions for each step of your business plan and helps to keep everything on right back even if deviate somehow;
- It helps to see through the entire business, you can discover any weakness or strength in the business plan, be more flexible when facing challenges that are much likely to happen to you, and seize more opportunities to secure a business success;
- It wins more confidence from your business partner or your investor basing on the definitive and feasible guidelines;
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But what should a business plan include to take effect? Here are the essential parts you should write into a business plan:
- Executive Summary
- Business Overview
- Market Analysis
- Company
- Strategy and Implementation
- Financial Plan
- Appendices
As you may have noticed, though business plans differ in details, they basically cover all the above-mentioned parts. And it is deemed as conventional that all the business plans should be consisted of these parts to make it professional, authorized and feasible. Consequently, there are free business plan templates in open to us, to save our time to create a plan from the start. We just need to add our details into the template and modify a little to make it our own.
There may be different versions of business plan template, Word or PDF. Here we recommend you to pick PDF format, since PDF are much more flexible to be shared on different platforms, also there won’t be mess-up when opening the PDF files in different viewers.
Where to Download Business Plan Template PDF?
Now that a business plan template PDF can critically save our time, where to get these business plan template PDF? We give a list of PDF templates with direct download link and extra top 3 websites for you to download best business plan template PDF.
Free Business Plan Template PDF with Download Link
1. Startup business plan template (Advanced)
2. Startup business plan template (Simple)
3. Blank fillable business plan template
4. Restaurant business plan template
5. Retail business plan template
Top Websites to Download Business Plan Template PDF
Also, there are websites offering different business templates in PDF, you can have a preview on these template and download a needed one. Here we pick top 4 for you to choose from, if you deem these resources valuable and useful, please spread the word by sharing on your social media to extend your thanks for those great file contributors.
#1 Template
A web-based platform to offer paid and free templates for different usage, including CMS, Web, eCommerce, Design, Business and so on. Users can free download those general templates, while those with creative and advanced design will require a commercial investment.
First, choose the business plan template in your field, then preview the templates in the newly opened webpage and choose one. Those come with a “Buy” icon are not free, those come with a “Free Download” icon are for free use.
#2 iplanner
You can find several business plan template in PDF for different business program. Just click on the “Download this plan” and get the free template in PDF.
#3 accaglobal
Free Business Proposal Template For Mac
Referring to typical business plan samples from those company in your field is also an ideal way to create your own business plan efficiently. On accaglobal, you can find 4 business plan samples from 4 different companies, to learn how they established their business successfully.
If you want more samples for reference, you can go to dynamicbusinessplan for 3 more alternatives.
How to Create Your Own Business Plan Basing on A PDF Template?
Now you have obtained a business plan template, the last step to create your own is to modify the template and add the details. But how? You need a PDF program. Here, instead of recommending a PDF editor with expensive price, we offer an affordable solution---using a PDF converter. You will find a PDF converter is constructive to your work.
For Mac Users
PDF Converter OCR, is a mac PDF program designed to create PDF from other documents and export PDF to multiple editable formats for easy editing and sharing. Or put it simply, you can utilize it to:
- Create business plan in PDF from other document type (Word, PowerPoint, ePub, HTML, Text, CHM, Image, etc);
- Make business plan template pdf in formats that can be edited easily (Word, PowerPoint, Excel, Text, Excel, RTFD, Pages, Keynote, etc.);
- Recognize a scanned business plan or an image business plan, make the file in searchable PDF and editable format for further modifications. (Word, PowerPoint, Excel, Text, Excel, RTFD, Pages, Keynote, etc.).
Steps to Create Your Own Business Plan with PDF Converter OCR
- Download the free trial of PDF Converter OCR, install and launch on your mac;
Free Download - In the default mode, you will be under the “Converter”, drag and drop the business plan template PDF into the program. Batch processing is supported.
- Choose the page range and select output as needed. If you need to convert an image or scanned template, turn the OCR button ON.
- Click “Convert” to export the business plan template in an editable format;
- Open the editable version of business plan template in defaulted processor, and modify or supplement according to your needs.
Free Business Plan Apps
App Startup Business Plan
Notes:
For more accurate OCR results, you can click the 'Settings' icon. You will notice that the OCR applied zone are automatically marked as Texts, Images or Tables in different colorful areas, you need to check if all OCR applied zone is marked correctly, if not or improperly, manually adjust (deleted the mark box first, then click on one of the icons under OCR applied zone, now you can drag a mark box to select all zone you want to be marked as the format you prefer). For example, if you want to output a part as table, remove the mark box in this zone, click on 'Mark Tables' in the OCR applied zone, then drag a mark box to select those contents you want to mark as Tables. You can resize the mark box by dragging its corners. This is done to make sure all the parts are recognized properly and will be outputed with good formatting.
For Windows Users
While for Windows users, there are more choices than that for mac users, here we recommend Readiris 16 for Windows, as many users do.
Readiris 16 for Windows allows users to scan document to PDF, also convert any PDFs into searchable PDF, Microsoft Office files, ODT, ePub, Audio and image.
Steps to Create Your Own Business Plan with Readiris 16 for Windows
- Download Readiris 16 for Windows, install and launch on your Windows PC.
- Click “Insert” to open the business plan template PDF with the program.
- Choose the language and output format.
- Save the file onto your Windows PC.
- Open the editable version of your business plan template, then edit in defaulted processor to create your own business plan.
Conclusion
So, you don’t need to create a business plan from start, you can build one basing on a selected PDF template, then utilize a PDF program to customize the business plan for your own purposes. The great part of using a PDF Converter OCR, is, you can basically create your own plans basing on a PDF template, even extract contents from scanned or image plans to refine your own business plans. If you need to deal with business formats very often, you’d better get one!