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Startup Business Plan Template Doc

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Startup business plan template is an important planning and management tool for documenting existing or creating new business models. It is an attractive visual chart with key elements describing the value proposition of a product or company's unique or niche advantage, market infrastructure, customers, and financial resources. The purpose of a startup business plan template is to provide the basic information needed for investors, banks, and mentors to evaluate the startup idea and venture possibilities. The plan should be able to create a comprehensive business model that clearly portrays the startup business's prospects, business opportunities, risks, rewards, and future growth. This plan can also be used as a guideline for creating business plans for any type of business starting from a home_based start_up to a multi_national concern.

The first section of the startup business plan template doc should include a company overview. The overview should provide general information about the nature of the company, its history and background, the founders and key personnel, key products and services, target market, mission statement, business structure, operating procedures, management policies, marketing strategies, sales forecasts, and financial information. It should be introduced by the company name, its location, and purpose. In general, the executive summary should include the following topics: What You Want to Achieve, What You Have To Work On, What You Expect to Achieve, Your Financial Situation, and Your Management Techniques.

The second section of the startup business plan is the products and services section. Here you should discuss the startup's product or service offerings. If possible, try to describe the products or services in detail with figures and illustrations. It is helpful to provide a short description of each product or service along with an overview of the company's business model. Start the business plan with an executive summary that briefly covers the key points.

The third section of the startup business plan template should be dedicated to revenue projections. Include revenue sources in the startup budget plan so that you can calculate a realistic range for growth. Be sure to include an estimate of the startup expenses including office space, supplies, furniture, marketing, accounts payable, etc. Be careful not to include too many expenses in the budget because it may become difficult to keep control of all startup expenses in the future.

The fourth and final section should include various funding sources for startup operations. The most common sources are bank loans, venture capital, personal savings, friends and relatives, personal credit, or personal guarantee. Depending on your business' financing needs, you may need to obtain additional funding sources. One way to get startup capital is to obtain startup business loan from banks or other lending institutions. Another source of startup capital is to secure small_scale loans from private sources.

The fifth section of the sample startup business plan template is dedicated to describing the company's management style. You can determine this from the individual skills and experience of key members of the startup team. For example, if you have a group of talented writers, you may want to hire an editor for bookkeeping. Likewise, if you have an IT department with several highly skilled individuals, you may want to recruit full_time IT staff members. The positions you describe should mirror those of your business operation at present.

The final section of the sample startup business plan template should provide a space for the company mission and goals. This should outline the products and services your company will offer to clients. You should indicate the pricing for these products and services in the same way as you described them in the previous section. If your products and services are based on a technology, indicate that technology in its MS Word file format. By using MS Word as the document format for describing your startup operations, you ensure consistency throughout the documents your company creates.

Finally, the last part of the sample document should include a space for project updates. If your company has already begun operation, you can skip this section. If it is still new, you should add it to your plans accordingly. Include any significant updates to the software programs you have developed, including the date of release, any security fixes included, and any additional licenses required by use of the software. The file format used for the MS Word version of this sample startup business plan template should be easily identified so that changes to the document can be applied to the MS Word version without difficulty.

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