Business Plan for a Startup Business Thebusinessplanconsistsofanarrativeandseveralfinancialworksheets.Thenarrativetemplateisthebodyofthebusinessplan.Itcontainsmorethan150questionsdividedintoseveralsections.Workthroughthesectionsinanyorderthatyoulike,exceptfortheExecutiveSummary,whichshouldbedonelast.Skipanyquestionsthatdonotapplytoyourtypeofbusiness.Whenyouarefinishedwritingyourfirstdraft,youllhaveacollectionofsmallessaysonthevarioustopicsofthebusinessplan.Thenyoullwanttoeditthemintoasmooth‐flowingnarrative.Therealvalueofcreatingabusinessplanisnotinhavingthefinishedproductinhand;rather,thevalueliesintheprocessofcharginsereandthinkingaboutyourbusinessinasystematicway.Theactofplanninghelpsyoutothinkthingsthroughthoroughly,studyandresearchifyouarenotsureofthefacts,andlookatyourideascritically.Ittakestimenow,butavoidscostly,perhapsdisastrous,mistakeslater.Thisbusinessplanisagenericmodelsuitableforalltypesofisenub.esssHowever,youshouldmodifyittosuityourparticularcircumstances.Beforeyoubegin,reviewthesectiontitledRefiningthePlan,foundattheend.Itsuggestsemphasizingcertainareasdependinguponyourtypeofbusiness,gniructfanuma(retail,service,etc.).Italsohastipsforfine‐tuningyourplantomakeaneffectiveresentationptoinvestorsorbankers.Ifthisiswhyyourecreatingyourplan,payparticularattentiontoyourwritingstyle.Youwillbejudgedbythequalityandappearanceofyourworkaswellasbyyourideas.Ittypicallytakesseveralweekstocompleteagoodplan.Mostofthattimeisspentinresearchandre‐thinkingyourideasandassumptions.Butthen,thatsthevalueoftheprocess.Somaketimetodothejobproperly.Thosewhodoneverregrettheeffort.Andfinally,besuretokeepdetailednotesonyoursourcesofinformationandontheassumptionsunderlyingyourfinancialdata.Ifyouneedassistancewithyourbusinessplan,contacttheSCOREofficeinyourareatosetupabusinesscounselingappointmentwithaSCOREvolunteerorsendyourplanforreviewtoaSCOREcounseloratwww.score.org.Call1‐800‐634‐0245togetthecontactinformationfortheSCOREofficeclosesttoyou.