essay bisnis plan

550+ Business Plan Examples to Launch Your Business

Need help writing your business plan? Explore over 550 industry-specific business plan examples for inspiration.

Find your business plan example

Accounting, Insurance & Compliance Business Plans

• View All 25

Children & Pets Business Plans

• Children's Education & Recreation
• View All 33

Cleaning, Repairs & Maintenance Business Plans

• Auto Detail & Repair
• Cleaning Products
• View All 39

Clothing & Fashion Brand Business Plans

• Clothing & Fashion Design
• View All 26

Construction, Architecture & Engineering Business Plans

• Architecture
• Construction
• View All 46

Consulting, Advertising & Marketing Business Plans

• Advertising
• View All 54

Education Business Plans

• Education Consulting
• Education Products

Business plan template: There's an easier way to get your business plan done.

Entertainment & Recreation Business Plans

• Entertainment
• Film & Television
• View All 60

Events Business Plans

• Event Planning
• View All 17

Farm & Agriculture Business Plans

• Agri-tourism
• Agriculture Consulting
• View All 16

Finance & Investing Business Plans

• Financial Planning
• View All 10

Fine Art & Crafts Business Plans

Fitness & Beauty Business Plans

• Salon & Spa
• View All 36

Food and Beverage Business Plans

• Bar & Brewery
• View All 77

Hotel & Lodging Business Plans

• Bed and Breakfast

Brought to you by

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

IT, Staffing & Customer Service Business Plans

• Administrative Services
• Customer Service
• View All 22

Manufacturing & Wholesale Business Plans

• Cleaning & Cosmetics Manufacturing
• View All 68

Medical & Health Business Plans

• Dental Practice
• Health Administration
• View All 41

Nonprofit Business Plans

• Co-op Nonprofit
• Food & Housing Nonprofit
• View All 13

Real Estate & Rentals Business Plans

• Equipment Rental

Retail & Ecommerce Business Plans

• Car Dealership
• View All 116

Technology Business Plans

• Apps & Software
• Communication Technology

Transportation, Travel & Logistics Business Plans

• Airline, Taxi & Shuttle
• View All 62

View all sample business plans

Example business plan format

Before you start exploring our library of business plan examples, it's worth taking the time to understand the traditional business plan format . You'll find that the plans in this library and most investor-approved business plans will include the following sections:

Executive summary

The executive summary is an overview of your business and your plans. It comes first in your plan and is ideally only one to two pages. You should also plan to write this section last after you've written your full business plan.

Your executive summary should include a summary of the problem you are solving, a description of your product or service, an overview of your target market, a brief description of your team, a summary of your financials, and your funding requirements (if you are raising money).

Products & services

The products & services chapter of your business plan is where the real meat of your plan lives. It includes information about the problem that you're solving, your solution, and any traction that proves that it truly meets the need you identified.

This is your chance to explain why you're in business and that people care about what you offer. It needs to go beyond a simple product or service description and get to the heart of why your business works and benefits your customers.

Market analysis

Conducting a market analysis ensures that you fully understand the market that you're entering and who you'll be selling to. This section is where you will showcase all of the information about your potential customers. You'll cover your target market as well as information about the growth of your market and your industry. Focus on outlining why the market you're entering is viable and creating a realistic persona for your ideal customer base.

Competition

Part of defining your opportunity is determining what your competitive advantage may be. To do this effectively you need to get to know your competitors just as well as your target customers. Every business will have competition, if you don't then you're either in a very young industry or there's a good reason no one is pursuing this specific venture.

To succeed, you want to be sure you know who your competitors are, how they operate, necessary financial benchmarks, and how you're business will be positioned. Start by identifying who your competitors are or will be during your market research. Then leverage competitive analysis tools like the competitive matrix and positioning map to solidify where your business stands in relation to the competition.

Marketing & sales

The marketing and sales plan section of your business plan details how you plan to reach your target market segments. You'll address how you plan on selling to those target markets, what your pricing plan is, and what types of activities and partnerships you need to make your business a success.

The operations section covers the day-to-day workflows for your business to deliver your product or service. What's included here fully depends on the type of business. Typically you can expect to add details on your business location, sourcing and fulfillment, use of technology, and any partnerships or agreements that are in place.

Milestones & metrics

The milestones section is where you lay out strategic milestones to reach your business goals.

A good milestone clearly lays out the parameters of the task at hand and sets expectations for its execution. You'll want to include a description of the task, a proposed due date, who is responsible, and eventually a budget that's attached. You don't need extensive project planning in this section, just key milestones that you want to hit and when you plan to hit them.

You should also discuss key metrics, which are the numbers you will track to determine your success. Some common data points worth tracking include conversion rates, customer acquisition costs, profit, etc.

Company & team

Use this section to describe your current team and who you need to hire. If you intend to pursue funding, you'll need to highlight the relevant experience of your team members. Basically, this is where you prove that this is the right team to successfully start and grow the business. You will also need to provide a quick overview of your legal structure and history if you're already up and running.

Financial projections

Your financial plan should include a sales and revenue forecast, profit and loss statement, cash flow statement, and a balance sheet. You may not have established financials of any kind at this stage. Not to worry, rather than getting all of the details ironed out, focus on making projections and strategic forecasts for your business. You can always update your financial statements as you begin operations and start bringing in actual accounting data.

Now, if you intend to pitch to investors or submit a loan application, you'll also need a "use of funds" report in this section. This outlines how you intend to leverage any funding for your business and how much you're looking to acquire. Like the rest of your financials, this can always be updated later on.

The appendix isn't a required element of your business plan. However, it is a useful place to add any charts, tables, definitions, legal notes, or other critical information that supports your plan. These are often lengthier or out-of-place information that simply didn't work naturally into the structure of your plan. You'll notice that in these business plan examples, the appendix mainly includes extended financial statements.

Types of business plans explained

While all business plans cover similar categories, the style and function fully depend on how you intend to use your plan. To get the most out of your plan, it's best to find a format that suits your needs. Here are a few common business plan types worth considering.

Traditional business plan

The tried-and-true traditional business plan is a formal document meant to be used for external purposes. Typically this is the type of plan you'll need when applying for funding or pitching to investors. It can also be used when training or hiring employees, working with vendors, or in any other situation where the full details of your business must be understood by another individual.

Business model canvas

The business model canvas is a one-page template designed to demystify the business planning process. It removes the need for a traditional, copy-heavy business plan, in favor of a single-page outline that can help you and outside parties better explore your business idea.

The structure ditches a linear format in favor of a cell-based template. It encourages you to build connections between every element of your business. It's faster to write out and update, and much easier for you, your team, and anyone else to visualize your business operations.

One-page business plan

The true middle ground between the business model canvas and a traditional business plan is the one-page business plan . This format is a simplified version of the traditional plan that focuses on the core aspects of your business.

By starting with a one-page plan , you give yourself a minimal document to build from. You'll typically stick with bullet points and single sentences making it much easier to elaborate or expand sections into a longer-form business plan.

Growth planning

Growth planning is more than a specific type of business plan. It's a methodology. It takes the simplicity and styling of the one-page business plan and turns it into a process for you to continuously plan, forecast, review, and refine based on your performance.

It holds all of the benefits of the single-page plan, including the potential to complete it in as little as 27 minutes . However, it's even easier to convert into a more detailed plan thanks to how heavily it's tied to your financials. The overall goal of growth planning isn't to just produce documents that you use once and shelve. Instead, the growth planning process helps you build a healthier company that thrives in times of growth and remain stable through times of crisis.

It's faster, keeps your plan concise, and ensures that your plan is always up-to-date.

Download a free sample business plan template

Ready to start writing your own plan but aren't sure where to start? Download our free business plan template that's been updated for 2024.

This simple, modern, investor-approved business plan template is designed to make planning easy. It's a proven format that has helped over 1 million businesses write business plans for bank loans, funding pitches, business expansion, and even business sales. It includes additional instructions for how to write each section and is formatted to be SBA-lender approved. All you need to do is fill in the blanks.

How to use an example business plan to help you write your own

How do you know what elements need to be included in your business plan, especially if you've never written one before? Looking at examples can help you visualize what a full, traditional plan looks like, so you know what you're aiming for before you get started. Here's how to get the most out of a sample business plan.

Choose a business plan example from a similar type of company

You don't need to find an example business plan that's an exact fit for your business. Your business location, target market, and even your particular product or service may not match up exactly with the plans in our gallery. But, you don't need an exact match for it to be helpful. Instead, look for a plan that's related to the type of business you're starting.

For example, if you want to start a vegetarian restaurant, a plan for a steakhouse can be a great match. While the specifics of your actual startup will differ, the elements you'd want to include in your restaurant's business plan are likely to be very similar.

Use a business plan example as a guide

Every startup and small business is unique, so you'll want to avoid copying an example business plan word for word. It just won't be as helpful, since each business is unique. 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 through the process. 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. Looking at an example business plan's financials section can be helpful because you can see what should be included, but take them with a grain of salt. Don't assume that financial projections for a sample company will fit your own small business.

If you're looking for more resources to help you get started, our business planning guide is a good place to start. You can also download our free business plan template .

Think of business planning as a process, instead of a document

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.

Adjust your plan regularly to use it as a business management tool

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. For that to be true for your company, you'll think of a 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. 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.

Prepare to pitch your business

If you're planning to pitch your business to investors or seek out any funding, you'll need a pitch deck to accompany your business plan. A pitch deck is designed to inform people about your business. You want your pitch deck to be short and easy to follow, so it's best to keep your presentation under 20 slides.

Your pitch deck and pitch presentation are likely some of the first things that an investor will see to learn more about your company. So, you need to be informative and pique their interest. Luckily we have a round-up of real-world pitch deck examples used by successful startups that you can review and reference as you build your pitch.

For more resources, check out our full Business Pitch Guide .

Ready to get started?

Now that you know how to use an example business plan to help you write a plan for your business, it's time to find the right one.

Use the search bar below to get started and find the right match for your business idea.

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

24 of My Favorite Sample Business Plans & Examples For Your Inspiration

Published: February 06, 2024

I believe that reading sample business plans is essential when writing your own.

hbspt.cta._relativeUrls=true;hbspt.cta.load(53, 'e9d2eacb-6b01-423a-bf7a-19d42ba77eaa', {"useNewLoader":"true","region":"na1"});

As you explore business plan examples from real companies and brands, it’s easier for you to learn how to write a good one.

But what does a good business plan look like? And how do you write one that’s both viable and convincing. I’ll walk you through the ideal business plan format along with some examples to help you get started.

Table of Contents

Business Plan Format

Business plan types, sample business plan templates, top business plan examples.

Ask any successful sports coach how they win so many games, and they’ll tell you they have a unique plan for every single game. To me, the same logic applies to business.

If you want to build a thriving company that can pull ahead of the competition, you need to prepare for battle before breaking into a market.

Business plans guide you along the rocky journey of growing a company. And if your business plan is compelling enough, it can also convince investors to give you funding.

With so much at stake, I’m sure you’re wondering where to begin.

Free Business Plan Template

The essential document for starting a business -- custom built for your needs.

• Outline your idea.
• Pitch to investors.
• Secure funding.
• Get to work!

You're all set!

Click this link to access this resource at any time.

Fill out the form to get your free template.

First, you’ll want to nail down your formatting. Most business plans include the following sections.

1. Executive Summary

I’d say the executive summary is the most important section of the entire business plan. 

Why? Essentially, it's the overview or introduction, written in a way to grab readers' attention and guide them through the rest of the business plan. This is important, because a business plan can be dozens or hundreds of pages long.

There are two main elements I’d recommend including in your executive summary:

Company Description

This is the perfect space to highlight your company’s mission statement and goals, a brief overview of your history and leadership, and your top accomplishments as a business.

Tell potential investors who you are and why what you do matters. Naturally, they’re going to want to know who they’re getting into business with up front, and this is a great opportunity to showcase your impact.

Need some extra help firming up those business goals? Check out HubSpot Academy’s free course to help you set goals that matter — I’d highly recommend it

Products and Services

To piggyback off of the company description, be sure to incorporate an overview of your offerings. This doesn’t have to be extensive — just another chance to introduce your industry and overall purpose as a business.

In addition to the items above, I recommend including some information about your financial projections and competitive advantage here too.:

Keep in mind you'll cover many of these topics in more detail later on in the business plan. So, keep the executive summary clear and brief, and only include the most important takeaways.

Executive Summary Business Plan Examples

This example was created with HubSpot’s business plan template:

This executive summary is so good to me because it tells potential investors a short story while still covering all of the most important details.

Image Source

Tips for Writing Your Executive Summary

• Start with a strong introduction of your company, showcase your mission and impact, and outline the products and services you provide.
• Clearly define a problem, and explain how your product solves that problem, and show why the market needs your business.
• Be sure to highlight your value proposition, market opportunity, and growth potential.
• Keep it concise and support ideas with data.
• Customize your summary to your audience. For example, emphasize finances and return on investment for venture capitalists.

Check out our tips for writing an effective executive summary for more guidance.

2. Market Opportunity

This is where you'll detail the opportunity in the market.

The main question I’d ask myself here is this: Where is the gap in the current industry, and how will my product fill that gap?

More specifically, here’s what I’d include in this section:

• The size of the market
• Current or potential market share
• Trends in the industry and consumer behavior
• Where the gap is
• What caused the gap
• How you intend to fill it

To get a thorough understanding of the market opportunity, you'll want to conduct a TAM, SAM, and SOM analysis and perform market research on your industry.

You may also benefit from creating a SWOT analysis to get some of the insights for this section.

Market Opportunity Business Plan Example

I like this example because it uses critical data to underline the size of the potential market and what part of that market this service hopes to capture.

Tips for Writing Your Market Opportunity Section

• Focus on demand and potential for growth.
• Use market research, surveys, and industry trend data to support your market forecast and projections.
• Add a review of regulation shifts, tech advances, and consumer behavior changes.
• Refer to reliable sources.
• Showcase how your business can make the most of this opportunity.

3. Competitive Landscape

Since we’re already speaking of market share, you'll also need to create a section that shares details on who the top competitors are.

After all, your customers likely have more than one brand to choose from, and you'll want to understand exactly why they might choose one over another.

My favorite part of performing a competitive analysis is that it can help you uncover:

• Industry trends that other brands may not be utilizing
• Strengths in your competition that may be obstacles to handle
• Weaknesses in your competition that may help you develop selling points
• The unique proposition you bring to the market that may resonate with customers

Competitive Landscape Business Plan Example

I like how the competitive landscape section of this business plan below shows a clear outline of who the top competitors are.

It also highlights specific industry knowledge and the importance of location, which shows useful experience in this specific industry. 

This can help build trust in your ability to execute your business plan.

Tips for Writing Your Competitive Landscape

• Complete in-depth research, then emphasize your most important findings.
• Compare your unique selling proposition (USP) to your direct and indirect competitors.
• Show a clear and realistic plan for product and brand differentiation.
• Look for specific advantages and barriers in the competitive landscape. Then, highlight how that information could impact your business.
• Outline growth opportunities from a competitive perspective.
• Add customer feedback and insights to support your competitive analysis.

4. Target Audience

Use this section to describe who your customer segments are in detail. What is the demographic and psychographic information of your audience?

If your immediate answer is "everyone," you'll need to dig deeper. Here are some questions I’d ask myself here:

• What demographics will most likely need/buy your product or service?
• What are the psychographics of this audience? (Desires, triggering events, etc.)
• Why are your offerings valuable to them?

I’d also recommend building a buyer persona to get in the mindset of your ideal customers and be clear on why you're targeting them.

Target Audience Business Plan Example

I like the example below because it uses in-depth research to draw conclusions about audience priorities. It also analyzes how to create the right content for this audience.

Tips for Writing Your Target Audience Section

• Include details on the size and growth potential of your target audience.
• Figure out and refine the pain points for your target audience , then show why your product is a useful solution.
• Describe your targeted customer acquisition strategy in detail.
• Share anticipated challenges your business may face in acquiring customers and how you plan to address them.
• Add case studies, testimonials, and other data to support your target audience ideas.
• Remember to consider niche audiences and segments of your target audience in your business plan.

5. Marketing Strategy

Here, you'll discuss how you'll acquire new customers with your marketing strategy. I’d suggest including information:

• Your brand positioning vision and how you'll cultivate it
• The goal targets you aim to achieve
• The metrics you'll use to measure success
• The channels and distribution tactics you'll use

I think it’s helpful to have a marketing plan built out in advance to make this part of your business plan easier.

Marketing Strategy Business Plan Example

This business plan example includes the marketing strategy for the town of Gawler.

In my opinion, it really works because it offers a comprehensive picture of how they plan to use digital marketing to promote the community.

Tips for Writing Your Marketing Strategy

• Include a section about how you believe your brand vision will appeal to customers.
• Add the budget and resources you'll need to put your plan in place.
• Outline strategies for specific marketing segments.
• Connect strategies to earlier sections like target audience and competitive analysis.
• Review how your marketing strategy will scale with the growth of your business.
• Cover a range of channels and tactics to highlight your ability to adapt your plan in the face of change.

6. Key Features and Benefits

At some point in your business plan, you'll need to review the key features and benefits of your products and/or services.

Laying these out can give readers an idea of how you're positioning yourself in the market and the messaging you're likely to use. It can even help them gain better insight into your business model.

Key Features and Benefits Business Plan Example

In my opinion, the example below does a great job outlining products and services for this business, along with why these qualities will attract the audience.

Tips for Writing Your Key Features and Benefits

• Emphasize why and how your product or service offers value to customers.
• Use metrics and testimonials to support the ideas in this section.
• Talk about how your products and services have the potential to scale.
• Think about including a product roadmap.
• Focus on customer needs, and how the features and benefits you are sharing meet those needs.
• Offer proof of concept for your ideas, like case studies or pilot program feedback.
• Proofread this section carefully, and remove any jargon or complex language.

7. Pricing and Revenue

This is where you'll discuss your cost structure and various revenue streams. Your pricing strategy must be solid enough to turn a profit while staying competitive in the industry. 

For this reason, here’s what I’d might outline in this section:

• The specific pricing breakdowns per product or service
• Why your pricing is higher or lower than your competition's
• (If higher) Why customers would be willing to pay more
• (If lower) How you're able to offer your products or services at a lower cost
• When you expect to break even, what margins do you expect, etc?

Pricing and Revenue Business Plan Example

I like how this business plan example begins with an overview of the business revenue model, then shows proposed pricing for key products.

Tips for Writing Your Pricing and Revenue Section

• Get specific about your pricing strategy. Specifically, how you connect that strategy to customer needs and product value.
• If you are asking a premium price, share unique features or innovations that justify that price point.
• Show how you plan to communicate pricing to customers.
• Create an overview of every revenue stream for your business and how each stream adds to your business model as a whole.
• Share plans to develop new revenue streams in the future.
• Show how and whether pricing will vary by customer segment and how pricing aligns with marketing strategies.
• Restate your value proposition and explain how it aligns with your revenue model.

8. Financials

To me, this section is particularly informative for investors and leadership teams to figure out funding strategies, investment opportunities, and more.

 According to Forbes , you'll want to include three main things:

• Profit/Loss Statement - This answers the question of whether your business is currently profitable.
• Cash Flow Statement - This details exactly how much cash is incoming and outgoing to give insight into how much cash a business has on hand.
• Balance Sheet - This outlines assets, liabilities, and equity, which gives insight into how much a business is worth.

While some business plans might include more or less information, these are the key details I’d include in this section.

Financials Business Plan Example

This balance sheet is a great example of level of detail you’ll need to include in the financials section of your business plan.

Tips for Writing Your Financials Section

• Growth potential is important in this section too. Using your data, create a forecast of financial performance in the next three to five years.
• Include any data that supports your projections to assure investors of the credibility of your proposal.
• Add a break-even analysis to show that your business plan is financially practical. This information can also help you pivot quickly as your business grows.
• Consider adding a section that reviews potential risks and how sensitive your plan is to changes in the market.
• Triple-check all financial information in your plan for accuracy.
• Show how any proposed funding needs align with your plans for growth.

As you create your business plan, keep in mind that each of these sections will be formatted differently. Some may be in paragraph format, while others could be charts or graphs.

The formats above apply to most types of business plans. That said, the format and structure of your plan will vary by your goals for that plan. 

So, I’ve added a quick review of different business plan types. For a more detailed overview, check out this post .

1. Startups

Startup business plans are for proposing new business ideas.

If you’re planning to start a small business, preparing a business plan is crucial. The plan should include all the major factors of your business.

You can check out this guide for more detailed business plan inspiration .

2. Feasibility Studies

Feasibility business plans focus on that business's product or service. Feasibility plans are sometimes added to startup business plans. They can also be a new business plan for an already thriving organization.

3. Internal Use

You can use internal business plans to share goals, strategies, or performance updates with stakeholders. In my opinion, internal business plans are useful for alignment and building support for ambitious goals.

4. Strategic Initiatives

Another business plan that's often for sharing internally is a strategic business plan. This plan covers long-term business objectives that might not have been included in the startup business plan.

5. Business Acquisition or Repositioning

When a business is moving forward with an acquisition or repositioning, it may need extra structure and support. These types of business plans expand on a company's acquisition or repositioning strategy.

Growth sometimes just happens as a business continues operations. But more often, a business needs to create a structure with specific targets to meet set goals for expansion. This business plan type can help a business focus on short-term growth goals and align resources with those goals.

Now that you know what's included and how to format a business plan, let's review some of my favorite templates.

1. HubSpot's One-Page Business Plan

Download a free, editable one-page business plan template..

The business plan linked above was created here at HubSpot and is perfect for businesses of any size — no matter how many strategies we still have to develop.

Fields such as Company Description, Required Funding, and Implementation Timeline give this one-page business plan a framework for how to build your brand and what tasks to keep track of as you grow.

Then, as the business matures, you can expand on your original business plan with a new iteration of the above document.

Why I Like It

This one-page business plan is a fantastic choice for the new business owner who doesn’t have the time or resources to draft a full-blown business plan. It includes all the essential sections in an accessible, bullet-point-friendly format. That way, you can get the broad strokes down before honing in on the details.

2. HubSpot's Downloadable Business Plan Template

We also created a business plan template for entrepreneurs.

The template is designed as a guide and checklist for starting your own business. You’ll learn what to include in each section of your business plan and how to do it.

There’s also a list for you to check off when you finish each section of your business plan.

Strong game plans help coaches win games and help businesses rocket to the top of their industries. So if you dedicate the time and effort required to write a workable and convincing business plan, you’ll boost your chances of success and even dominance in your market.

This business plan kit is essential for the budding entrepreneur who needs a more extensive document to share with investors and other stakeholders.

It not only includes sections for your executive summary, product line, market analysis, marketing plan, and sales plan, but it also offers hands-on guidance for filling out those sections.

3. LiveFlow’s Financial Planning Template with built-in automation

This free template from LiveFlow aims to make it easy for businesses to create a financial plan and track their progress on a monthly basis.

The P&L Budget versus Actual format allows users to track their revenue, cost of sales, operating expenses, operating profit margin, net profit, and more.

The summary dashboard aggregates all of the data put into the financial plan sheet and will automatically update when changes are made.

Instead of wasting hours manually importing your data to your spreadsheet, LiveFlow can also help you to automatically connect your accounting and banking data directly to your spreadsheet, so your numbers are always up-to-date.

With the dashboard, you can view your runway, cash balance, burn rate, gross margins, and other metrics. Having a simple way to track everything in one place will make it easier to complete the financials section of your business plan.

This is a fantastic template to track performance and alignment internally and to create a dependable process for documenting financial information across the business. It’s highly versatile and beginner-friendly.

It’s especially useful if you don’t have an accountant on the team. (I always recommend you do, but for new businesses, having one might not be possible.)

4. ThoughtCo’s Sample Business Plan

One of the more financially oriented sample business plans in this list, BPlan’s free business plan template dedicates many of its pages to your business’s financial plan and financial statements.

After filling this business plan out, your company will truly understand its financial health and the steps you need to take to maintain or improve it.

I absolutely love this business plan template because of its ease-of-use and hands-on instructions (in addition to its finance-centric components). If you feel overwhelmed by the thought of writing an entire business plan, consider using this template to help you with the process.

6. Harvard Business Review’s "How to Write a Winning Business Plan"

Most sample business plans teach you what to include in your business plan, but this Harvard Business Review article will take your business plan to the next level — it teaches you the why and how behind writing a business plan.

With the guidance of Stanley Rich and Richard Gumpert, co-authors of " Business Plans That Win: Lessons From the MIT Enterprise Forum ", you'll learn how to write a convincing business plan that emphasizes the market demand for your product or service.

You’ll also learn the financial benefits investors can reap from putting money into your venture rather than trying to sell them on how great your product or service is.

This business plan guide focuses less on the individual parts of a business plan, and more on the overarching goal of writing one. For that reason, it’s one of my favorites to supplement any template you choose to use. Harvard Business Review’s guide is instrumental for both new and seasoned business owners.

7. HubSpot’s Complete Guide to Starting a Business

If you’re an entrepreneur, you know writing a business plan is one of the most challenging first steps to starting a business.

Fortunately, with HubSpot's comprehensive guide to starting a business, you'll learn how to map out all the details by understanding what to include in your business plan and why it’s important to include them. The guide also fleshes out an entire sample business plan for you.

If you need further guidance on starting a business, HubSpot's guide can teach you how to make your business legal, choose and register your business name, and fund your business. It will also give small business tax information and includes marketing, sales, and service tips.

This comprehensive guide will walk you through the process of starting a business, in addition to writing your business plan, with a high level of exactitude and detail. So if you’re in the midst of starting your business, this is an excellent guide for you.

It also offers other resources you might need, such as market analysis templates.

8. Panda Doc’s Free Business Plan Template

PandaDoc’s free business plan template is one of the more detailed and fleshed-out sample business plans on this list. It describes what you should include in each section, so you don't have to come up with everything from scratch.

Once you fill it out, you’ll fully understand your business’ nitty-gritty details and how all of its moving parts should work together to contribute to its success.

This template has two things I love: comprehensiveness and in-depth instructions. Plus, it’s synced with PandaDoc’s e-signature software so that you and other stakeholders can sign it with ease. For that reason, I especially love it for those starting a business with a partner or with a board of directors.

9. Small Business Administration Free Business Plan Template

The Small Business Administration (SBA) offers several free business plan templates that can be used to inspire your own plan.

Before you get started, you can decide what type of business plan you need — a traditional or lean start-up plan.

Then, you can review the format for both of those plans and view examples of what they might look like.

We love both of the SBA’s templates because of their versatility. You can choose between two options and use the existing content in the templates to flesh out your own plan. Plus, if needed, you can get a free business counselor to help you along the way.

I’ve compiled some completed business plan samples to help you get an idea of how to customize a plan for your business.

I chose different types of business plan ideas to expand your imagination. Some are extensive, while others are fairly simple.

Let’s take a look.

1. LiveFlow

One of the major business expenses is marketing. How you handle your marketing reflects your company’s revenue.

I included this business plan to show you how you can ensure your marketing team is aligned with your overall business plan to get results. The plan also shows you how to track even the smallest metrics of your campaigns, like ROI and payback periods instead of just focusing on big metrics like gross and revenue.

Fintech startup, LiveFlow, allows users to sync real-time data from its accounting services, payment platforms, and banks into custom reports. This eliminates the task of pulling reports together manually, saving teams time and helping automate workflows.

"Using this framework over a traditional marketing plan will help you set a profitable marketing strategy taking things like CAC, LTV, Payback period, and P&L into consideration," explains LiveFlow co-founder, Lasse Kalkar .

When it came to including marketing strategy in its business plan, LiveFlow created a separate marketing profit and loss statement (P&L) to track how well the company was doing with its marketing initiatives.

This is a great approach, allowing businesses to focus on where their marketing dollars are making the most impact. Having this information handy will enable you to build out your business plan’s marketing section with confidence. LiveFlow has shared the template here . You can test it for yourself.

2. Lula Body

Sometimes all you need is a solid mission statement and core values to guide you on how to go about everything. You do this by creating a business plan revolving around how to fulfill your statement best.

For example, Patagonia is an eco-friendly company, so their plan discusses how to make the best environmentally friendly products without causing harm.

A good mission statement  should not only resonate with consumers but should also serve as a core value compass for employees as well.

Patagonia has one of the most compelling mission statements I’ve seen:

"Together, let’s prioritise purpose over profit and protect this wondrous planet, our only home."

It reels you in from the start, and the environmentally friendly theme continues throughout the rest of the statement.

This mission goes on to explain that they are out to "Build the best product, cause no unnecessary harm, and use business to protect nature."

Their mission statement is compelling and detailed, with each section outlining how they will accomplish their goal.

4. Vesta Home Automation

This executive summary for a smart home device startup is part of a business plan created by students at Mount Royal University .

While it lacks some of the sleek visuals of the templates above, its executive summary does a great job of demonstrating how invested they are in the business.

Right away, they mention they’ve invested $200,000 into the company already, which shows investors they have skin in the game and aren’t just looking for someone else to foot the bill.

This is the kind of business plan you need when applying for business funds. It clearly illustrates the expected future of the company and how the business has been coming along over the years.

5. NALB Creative Center

This fictional business plan for an art supply store includes everything one might need in a business plan: an executive summary, a company summary, a list of services, a market analysis summary, and more.

One of its most notable sections is its market analysis summary, which includes an overview of the population growth in the business’ target geographical area, as well as a breakdown of the types of potential customers they expect to welcome at the store. 

This sort of granular insight is essential for understanding and communicating your business’s growth potential. Plus, it lays a strong foundation for creating relevant and useful buyer personas .

It’s essential to keep this information up-to-date as your market and target buyer changes. For that reason, you should carry out market research as often as possible to ensure that you’re targeting the correct audience and sharing accurate information with your investors.

Due to its comprehensiveness, it’s an excellent example to follow if you’re opening a brick-and-mortar store and need to get external funding to start your business .

6. Curriculum Companion Suites (CSS)

If you’re looking for a SaaS business plan example, look no further than this business plan for a fictional educational software company called Curriculum Companion Suites. 

Like the business plan for the NALB Creative Center, it includes plenty of information for prospective investors and other key stakeholders in the business.

One of the most notable features of this business plan is the executive summary, which includes an overview of the product, market, and mission.

The first two are essential for software companies because the product offering is so often at the forefront of the company’s strategy. Without that information being immediately available to investors and executives, then you risk writing an unfocused business plan.

It’s essential to front-load your company’s mission if it explains your "Why?" and this example does just that. In other words, why do you do what you do, and why should stakeholders care? This is an important section to include if you feel that your mission will drive interest in the business and its offerings.

7. Culina Sample Business Plan

Culina's sample business plan is an excellent example of how to lay out your business plan so that it flows naturally, engages readers, and provides the critical information investors and stakeholders need. 

You can use this template as a guide while you're gathering important information for your own business plan. You'll have a better understanding of the data and research you need to do since Culina’s plan outlines these details so flawlessly for inspiration.

8. Plum Sample Business Plan

Don't forget to share this post!

Related articles.

How to Write a Powerful Executive Summary [+4 Top Examples]

What is a Business Plan? Definition, Tips, and Templates

Maximizing Your Social Media Strategy: The Top Aggregator Tools to Use

The Content Aggregator Guide for 2023

7 Gantt Chart Examples You'll Want to Copy [+ 5 Steps to Make One]

The 8 Best Free Flowchart Templates [+ Examples]

16 Best Screen Recorders to Use for Collaboration

The 25 Best Google Chrome Extensions for SEO

Professional Invoice Design: 28 Samples & Templates to Inspire You

Customers’ Top HubSpot Integrations to Streamline Your Business in 2022

2 Essential Templates For Starting Your Business

Marketing software that helps you drive revenue, save time and resources, and measure and optimize your investments — all on one easy-to-use platform

How to Write a Business Plan (Plus Examples & Templates)

May 24, 2021

Have you ever wondered how to write a business plan step by step? Mike Andes, told us: 

This guide will help you write a business plan to impress investors.

Throughout this process, we’ll get information from Mike Andes, who started Augusta Lawn Care Services when he was 12 and turned it into a franchise with over 90 locations. He has gone on to help others learn how to write business plans and start businesses.  He knows a thing or two about writing  business plans!

We’ll start by discussing the definition of a business plan. Then we’ll discuss how to come up with the idea, how to do the market research, and then the important elements in the business plan format. Keep reading to start your journey!

What Is a Business Plan?

A business plan is simply a road map of what you are trying to achieve with your business and how you will go about achieving it. It should cover all elements of your business including: 

• Finding customers
• Plans for developing a team
•  Competition
• Legal structures
• Key milestones you are pursuing

If you aren’t quite ready to create a business plan, consider starting by reading our business startup guide .

Get a Business Idea

Before you can write a business plan, you have to have a business idea. You may see a problem that needs to be solved and have an idea how to solve it, or you might start by evaluating your interests and skills. 

Mike told us, “The three things I suggest asking yourself when thinking about starting a business are:

• What am I good at?
• What would I enjoy doing?
• What can I get paid for?”

If all three of these questions don’t lead to at least one common answer, it will probably be a much harder road to success. Either there is not much market for it, you won’t be good at it, or you won’t enjoy doing it. 

As Mike told us, “There’s enough stress starting and running a business that if you don’t like it or aren’t good at it, it’s hard to succeed.”

If you’d like to hear more about Mike’s approach to starting a business, check out our YouTube video

Conduct Market Analysis

Market analysis is focused on establishing if there is a target market for your products and services, how large the target market is, and identifying the demographics of people or businesses that would be interested in the product or service. The goal here is to establish how much money your business concept can make.

Product and Service Demand

A search engine is your best friend when trying to figure out if there is demand for your products and services. Personally, I love using presearch.org because it lets you directly search on a ton of different platforms including Google, Youtube, Twitter, and more. Check out the screenshot for the full list of search options.

With quick web searches, you can find out how many competitors you have, look through their reviews, and see if there are common complaints about the competitors. Bad reviews are a great place to find opportunities to offer better products or services. 

If there are no similar products or services, you may have stumbled upon something new, or there may just be no demand for it. To find out, go talk to your most honest friend about the idea and see what they think. If they tell you it’s dumb or stare at you vacantly, there’s probably no market for it.

You can also conduct a survey through social media to get public opinion on your idea. Using Facebook Business Manager , you could get a feel for who would be interested in your product or service.

 I ran a quick test of how many people between 18-65  you could reach in the U.S. during a week. It returned an estimated 700-2,000 for the total number of leads, which is enough to do a fairly accurate statistical analysis.

Identify Demographics of Target Market

Depending on what type of business you want to run, your target market will be different. The narrower the demographic, the fewer potential customers you’ll have. If you did a survey, you’ll be able to use that data to help define your target audience. Some considerations you’ll want to consider are:

• Other Interests
• Marital Status
• Do they have kids?

Once you have this information, it can help you narrow down your options for location and help define your marketing further. One resource that Mike recommended using is the Census Bureau’s Quick Facts Map . He told us,  

“It helps you quickly evaluate what the best areas are for your business to be located.”

• How to Write a Business Plan

Now that you’ve developed your idea a little and established there is a market for it, you can begin writing a business plan. Getting started is easier with the business plan template we created for you to download. I strongly recommend using it as it is updated to make it easier to create an action plan. 

Each of the following should be a section of your business plan:

• Business Plan Cover Page
• Table of Contents
• Executive Summary
• Company Description
• Description of Products and Services

SWOT Analysis

• Competitor Data
• Competitive Analysis
• Marketing Expenses Strategy 

Pricing Strategy

• Distribution Channel Assessment
• Operational Plan
• Management and Organizational Strategy
• Financial Statements and/or Financial Projections

We’ll look into each of these. Don’t forget to download our free business plan template (mentioned just above) so you can follow along as we go. 

How to Write a Business Plan Step 1. Create a Cover Page

The first thing investors will see is the cover page for your business plan. Make sure it looks professional. A great cover page shows that you think about first impressions.

A good business plan should have the following elements on a cover page:

• Professionally designed logo
• Company name
• Mission or Vision Statement
• Contact Info

Basically, think of a cover page for your business plan like a giant business card. It is meant to capture people’s attention but be quickly processed.

How to Write a Business Plan Step 2. Create a Table of Contents

Most people are busy enough that they don’t have a lot of time. Providing a table of contents makes it easy for them to find the pages of your plan that are meaningful to them.

A table of contents will be immediately after the cover page, but you can include it after the executive summary. Including the table of contents immediately after the executive summary will help investors know what section of your business plan they want to review more thoroughly.

Check out Canva’s article about creating a  table of contents . It has a ton of great information about creating easy access to each section of your business plan. Just remember that you’ll want to use different strategies for digital and hard copy business plans.

How to Write a Business Plan Step 3. Write an Executive Summary

An executive summary is where your business plan should catch the readers interest.  It doesn’t need to be long, but should be quick and easy to read.

Mike told us,

How long should an executive summary bein an informal business plan?

For casual use, an executive summary should be similar to an elevator pitch, no more than 150-160 words, just enough to get them interested and wanting more. Indeed has a great article on elevator pitches .  This can also be used for the content of emails to get readers’ attention.

It consists of three basic parts:

• An introduction to you and your business.
• What your business is about.
• A call to action

Example of an informal executive summary 

One of the best elevator pitches I’ve used is:

So far that pitch has achieved a 100% success rate in getting partnerships for the business.

What should I include in an executive summary for investors?

Investors are going to need a more detailed executive summary if you want to secure financing or sell equity. The executive summary should be a brief overview of your entire business plan and include:

• Introduction of yourself and company.
• An origin story (Recognition of a problem and how you came to solution)
• An introduction to your products or services.
• Your unique value proposition. Make sure to include intellectual property.
• Where you are in the business life cycle
• Request and why you need it.

Successful business plan examples

The owner of Urbanity told us he spent 2 months writing a 75-page business plan and received a $250,000 loan from the bank when he was 23. Make your business plan as detailed as possible when looking for financing. We’ve provided a template to help you prepare the portions of a business plan that banks expect.

Here’s the interview with the owner of Urbanity:

When to write an executive summary?

Even though the summary is near the beginning of a business plan, you should write it after you complete the rest of a business plan. You can’t talk about revenue, profits, and expected expenditures if you haven’t done the market research and created a financial plan.

What mistakes do people make when writing an executive summary?

Business owners commonly go into too much detail about the following items in an executive summary:

• Marketing and sales processes
• Financial statements
• Organizational structure
• Market analysis

These are things that people will want to know later, but they don’t hook the reader. They won’t spark interest in your small business, but they’ll close the deal.

How to Write a Business Plan Step 4. Company Description

Every business plan should include a company description. A great business plan will include the following elements while describing the company:

• Mission statement
• Philosophy and vision
• Company goals

Target market

• Legal structure

Let’s take a look at what each section includes in a good business plan.

Mission Statement

A mission statement is a brief explanation of why you started the company and what the company’s main focus is. It should be no more than one or two sentences. Check out HubSpot’s article 27 Inspiring Mission Statement for a great read on informative and inspiring mission and vision statements. 

Company Philosophy and Vision

The company philosophy is what drives your company. You’ll normally hear them called core values.  These are the building blocks that make your company different. You want to communicate your values to customers, business owners, and investors as often as possible to build a company culture, but make sure to back them up.

What makes your company different?

Each company is different. Your new business should rise above the standard company lines of honesty, integrity, fun, innovation, and community when communicating your business values. The standard answers are corporate jargon and lack authenticity. 

Examples of core values

One of my clients decided to add a core values page to their website. As a tech company they emphasized the values:

•  Prioritize communication.
•  Never stop learning.
•  Be transparent.
•  Start small and grow incrementally.

These values communicate how the owner and the rest of the company operate. They also show a value proposition and competitive advantage because they specifically focus on delivering business value from the start. These values also genuinely show what the company is about and customers recognize the sincerity. Indeed has a great blog about how to identify your core values .

What is a vision statement?

A vision statement communicate the long lasting change a business pursues. The vision helps investors and customers understand what your company is trying to accomplish. The vision statement goes beyond a mission statement to provide something meaningful to the community, customer’s lives, or even the world.

Example vision statements

The Alzheimer’s Association is a great example of a vision statement:

A world without Alzheimer’s Disease and other dementia.

It clearly tells how they want to change the world. A world without Alzheimers might be unachievable, but that means they always have room for improvement.

Business Goals

You have to measure success against goals for a business plan to be meaningful. A business plan helps guide a company similar to how your GPS provides a road map to your favorite travel destination. A goal to make as much money as possible is not inspirational and sounds greedy.

Sure, business owners want to increase their profits and improve customer service, but they need to present an overview of what they consider success. The goals should help everyone prioritize their work.

How far in advance should a business plan?

Business planning should be done at least one year in advance, but many banks and investors prefer three to five year business plans. Longer plans show investors that the management team  understands the market and knows the business is operating in a constantly shifting market. In addition, a plan helps businesses to adjust to changes because they have already considered how to handle them.

Example of great business goals

My all time-favorite long-term company goals are included in Tesla’s Master Plan, Part Deux . These goals were written in 2016 and drive the company’s decisions through 2026. They are the reason that investors are so forgiving when Elon Musk continually fails to meet his quarterly and annual goals.

If the progress aligns with the business plan investors are likely to continue to believe in the company. Just make sure the goals are reasonable or you’ll be discredited (unless you’re Elon Musk).

You did target market research before creating a business plan. Now it’s time to add it to the plan so others understand what your ideal customer looks like. As a new business owner, you may not be considered an expert in your field yet, so document everything. Make sure the references you use are from respectable sources. 

Use information from the specific lender when you are applying for lending. Most lenders provide industry research reports and using their data can strengthen the position of your business plan.

A small business plan should include a section on the external environment. Understanding the industry is crucial because we don’t plan a business in a vacuum. Make sure to research the industry trends, competitors, and forecasts. I personally prefer IBIS World for my business research. Make sure to answer questions like:

• What is the industry outlook long-term and short-term?
• How will your business take advantage of projected industry changes and trends?
• What might happen to your competitors and how will your business successfully compete?

Industry resources

Some helpful resources to help you establish more about your industry are:

• Trade Associations
• Federal Reserve
• Bureau of Labor Statistics

Legal Structure

There are five basic types of legal structures that most people will utilize:

• Sole proprietorships
• Limited Liability Companies (LLC)

Partnerships

Corporations.

• Franchises.

Each business structure has their pros and cons. An LLC is the most common legal structure due to its protection of personal assets and ease of setting up. Make sure to specify how ownership is divided and what roles each owner plays when you have more than one business owner.

You’ll have to decide which structure is best for you, but we’ve gathered information on each to make it easier.

Sole Proprietorship

A sole proprietorship is the easiest legal structure to set up but doesn’t protect the owner’s personal assets from legal issues. That means if something goes wrong, you could lose both your company and your home.

To start a sole proprietorship, fill out a special tax form called a  Schedule C . Sole proprietors can also join the American Independent Business Alliance .

Limited Liability Company (LLC)

An LLC is the most common business structure used in the United States because an LLC protects the owner’s personal assets. It’s similar to partnerships and corporations, but can be a single-member LLC in most states. An LLC requires a document called an operating agreement.

Each state has different requirements. Here’s a link to find your state’s requirements . Delaware and Nevada are common states to file an LLC because they are really business-friendly. Here’s a blog on the top 10 states to get an LLC.

Partnerships are typically for legal firms. If you choose to use a partnership choose a Limited Liability Partnership. Alternatively, you can just use an LLC.

Corporations are typically for massive organizations. Corporations have taxes on both corporate and income tax so unless you plan on selling stock, you are better off considering an LLC with S-Corp status . Investopedia has good information corporations here .

There are several opportunities to purchase successful franchises. TopFranchise.com has a list of companies in a variety of industries that offer franchise opportunities. This makes it where an entrepreneur can benefit from the reputation of an established business that has already worked out many of the kinks of starting from scratch.

How to Write a Business Plan Step 5. Products and Services

This section of the business plan should focus on what you sell, how you source it, and how you sell it. You should include:

• Unique features that differentiate your business products from competitors
• Intellectual property
• Your supply chain
• Cost and pricing structure 

Questions to answer about your products and services

Mike gave us a list  of the most important questions to answer about your product and services:

• How will you be selling the product? (in person, ecommerce, wholesale, direct to consumer)?
• How do you let them know they need a product?
• How do you communicate the message?
• How will you do transactions?
• How much will you be selling it for?
• How many do you think you’ll sell and why?

Make sure to use the worksheet on our business plan template .

How to Write a Business Plan Step 6. Sales and Marketing Plan

The marketing and sales plan is focused on the strategy to bring awareness to your company and guides how you will get the product to the consumer.  It should contain the following sections:

SWOT Analysis stands for strengths, weaknesses, opportunities, and threats. Not only do you want to identify them, but you also want to document how the business plans to deal with them.

Business owners need to do a thorough job documenting how their service or product stacks up against the competition.

If proper research isn’t done, investors will be able to tell that the owner hasn’t researched the competition and is less likely to believe that the team can protect its service from threats by the more well-established competition. This is one of the most common parts of a presentation that trips up business owners presenting on Shark Tank .

SWOT Examples

Examples of strengths and weaknesses could be things like the lack of cash flow, intellectual property ownership, high costs of suppliers, and customers’ expectations on shipping times.

Opportunities could be ways to capitalize on your strengths or improve your weaknesses, but may also be gaps in the industry. This includes:

• Adding offerings that fit with your current small business
• Increase sales to current customers
• Reducing costs through bulk ordering
• Finding ways to reduce inventory
•  And other areas you can improve

Threats will normally come from outside of the company but could also be things like losing a key member of the team. Threats normally come from competition, regulations, taxes, and unforeseen events.

The management team should use the SWOT analysis to guide other areas of business planning, but it absolutely has to be done before a business owner starts marketing. 

Include Competitor Data in Your Business Plan

When you plan a business, taking into consideration the strengths and weaknesses of the competition is key to navigating the field. Providing an overview of your competition and where they are headed shows that you are invested in understanding the industry.

For smaller businesses, you’ll want to search both the company and the owners names to see what they are working on. For publicly held corporations, you can find their quarterly and annual reports on the SEC website .

What another business plans to do can impact your business. Make sure to include things that might make it attractive for bigger companies to outsource to a small business.

Marketing Strategy

The marketing and sales part of business plans should be focused on how you are going to make potential customers aware of your business and then sell to them.

If you haven’t already included it, Mike recommends:

“They’ll want to know about Demographics, ages, and wealth of your target market.”

Make sure to include the Total addressable market .  The term refers to the value if you captured 100% of the market.

Advertising Strategy

You’ll explain what formats of advertising you’ll be using. Some possibilities are:

• Online: Facebook and Google are the big names to work with here.
• Print : Print can be used to reach broad groups or targeted markets. Check out this for tips .
• Radio : iHeartMedia is one of the best ways to advertise on the radio
• Cable television : High priced, hard to measure ROI, but here’s an explanation of the process
• Billboards: Attracting customers with billboards can be beneficial in high traffic areas.

You’ll want to define how you’ll be using each including frequency, duration, and cost. If you have the materials already created, including pictures or links to the marketing to show creative assets.

Mike told us “Most businesses are marketing digitally now due to Covid, but that’s not always the right answer.”

Make sure the marketing strategy will help team members or external marketing agencies stay within the brand guidelines .

This section of a business plan should be focused on pricing. There are a ton of pricing strategies that may work for different business plans. Which one will work for you depends on what kind of a business you run.

Some common pricing strategies are:

• Value-based pricing – Commonly used with home buying and selling or other products that are status symbols.
• Skimming pricing – Commonly seen in video game consoles, price starts off high to recoup expenses quickly, then reduces over time.
• Competition-based pricing – Pricing based on competitors’ pricing is commonly seen at gas stations.
• Freemium services –  Commonly used for software, where there is a free plan, then purchase options for more functionality.

HubSpot has a great calculator and blog on pricing strategies.

Beyond explaining what strategy your business plans to use, you should include references for how you came to this pricing strategy and how it will impact your cash flow.

Distribution Plan

This part of a business plan is focused on how the product or service is going to go through the supply chain. These may include multiple divisions or multiple companies. Make sure to include any parts of the workflow that are automated so investors can see where cost savings are expected and when.

Supply Chain Examples

For instance, lawn care companies  would need to cover aspects such as:

• Suppliers for lawn care equipment and tools
• Any chemicals or treatments needed
• Repair parts for sprinkler systems
• Vehicles to transport equipment and employees
• Insurance to protect the company vehicles and people.

Examples of Supply Chains

These are fairly flat supply chains compared to something like a clothing designer where the clothes would go through multiple vendors. A clothing company might have the following supply chain:

• Raw materials
• Shipping of raw materials
• Converting of raw materials to thread
• Shipping thread to produce garments
• Garment producer
• Shipping to company
• Company storage
• Shipping to retail stores

There have been advances such as print on demand that eliminate many of these steps. If you are designing completely custom clothing, all of this would need to be planned to keep from having business disruptions.

The main thing to include in the business plan is the list of suppliers, the path the supply chain follows, the time from order to the customer’s home, and the costs associated with each step of the process.

According to BizPlanReview , a business plan without this information is likely to get rejected because they have failed to research the key elements necessary to make sales to the customer.

How to Write a Business Plan Step 7. Company Organization and Operational Plan

This part of the business plan is focused on how the business model will function while serving customers.  The business plan should provide an overview of  how the team will manage the following aspects:

Quality Control

• Legal environment

Let’s look at each for some insight.

Production has already been discussed in previous sections so I won’t go into it much. When writing a business plan for investors, try to avoid repetition as it creates a more simple business plan.

If the organizational plan will be used by the team as an overview of how to perform the best services for the customer, then redundancy makes more sense as it communicates what is important to the business.

Quality control policies help to keep the team focused on how to verify that the company adheres to the business plan and meets or exceeds customer expectations.

Quality control can be anything from a standard that says “all labels on shirts can be no more than 1/16″ off center” to a defined checklist of steps that should be performed and filled out for every customer.

There are a variety of organizations that help define quality control including:

• International Organization for Standardization – Quality standards for energy, technology, food, production environments, and cybersecurity
• AICPA – Standard defined for accounting.
• The Joint Commission – Healthcare
• ASHRAE – HVAC best practices

You can find lists of the organizations that contribute most to the government regulation of industries on Open Secrets . Research what the leaders in your field are doing. Follow their example and implement it in your quality control plan.

For location, you should use information from the market research to establish where the location will be. Make sure to include the following in the location documentation.

• The size of your location
• The type of building (retail, industrial, commercial, etc.)
• Zoning restrictions – Urban Wire has a good map on how zoning works in each state
• Accessibility – Does it meet ADA requirements?
• Costs including rent, maintenance, utilities, insurance and any buildout or remodeling costs
• Utilities – b.e.f. has a good energy calculator .

Legal Environment

The legal requirement section is focused on defining how to meet the legal requirements for your industry. A good business plan should include all of the following:

• Any licenses and/or permits that are needed and whether you’ve obtained them
• Any trademarks, copyrights, or patents that you have or are in the process of applying for
• The insurance coverage your business requires and how much it costs
• Any environmental, health, or workplace regulations affecting your business
• Any special regulations affecting your industry
• Bonding requirements, if applicable

Your local SBA office can help you establish requirements in your area. I strongly recommend using them. They are a great resource.

Your business plan should include a plan for company organization and hiring. While you may be the only person with the company right now, down the road you’ll need more people. Make sure to consider and document the answers to the following questions:

• What is the current leadership structure and what will it look like in the future?
• What types of employees will you have? Are there any licensing or educational requirements?
• How many employees will you need?
• Will you ever hire freelancers or independent contractors?
• What is each position’s job description?
• What is the pay structure (hourly, salaried, base plus commission, etc.)?
• How do you plan to find qualified employees and contractors?

One of the most crucial parts of a business plan is the organizational chart. This simply shows the positions the company will need, who is in charge of them and the relationship of each of them. It will look similar to this:

Our small business plan template has a much more in-depth organizational chart you can edit to include when you include the organizational chart in your business plan.

How to Write a Business Plan Step 8. Financial Statements 

No business plan is complete without financial statements or financial projections. The business plan format will be different based on whether you are writing a business plan to expand a business or a startup business plan. Let’s dig deeper into each.

Provide All Financial Income from an Existing Business

An existing business should use their past financial documents including the income statement, balance sheet, and cash flow statement to find trends to estimate the next 3-5 years.

You can create easy trendlines in excel to predict future revenue, profit and loss, cash flow, and other changes in year-over-year performance. This will show your expected performance assuming business continues as normal.

If you are seeking an investment, then the business is probably not going to continue as normal. Depending on the financial plan and the purpose of getting financing, adjustments may be needed to the following:

• Higher Revenue if expanding business
• Lower Cost of Goods Sold if purchasing inventory with bulk discounts
• Adding interest if utilizing financing (not equity deal)
• Changes in expenses
• Addition of financing information to the cash flow statement
• Changes in Earnings per Share on the balance sheet

Financial modeling is a challenging subject, but there are plenty of low-cost courses on the subject. If you need help planning your business financial documentation take some time to watch some of them.

Make it a point to document how you calculated all the changes to the income statement, balance sheet, and cash flow statement in your business plan so that key team members or investors can verify your research.

Financial Projections For A Startup Business Plan

Unlike an existing business, a startup doesn’t have previous success to model its future performance. In this scenario, you need to focus on how to make a business plan realistic through the use of industry research and averages.

Mike gave the following advice in his interview:

Financial Forecasting Mistakes

One of the things a lot of inexperienced people use is the argument, “If I get one percent of the market, it is worth $100 million.” If you use this, investors are likely to file the document under bad business plan examples.

Let’s use custom t-shirts as an example.

Credence Research estimated in 2018 there were 11,334,800,000 custom t-shirts sold for a total of $206.12 Billion, with a 6% compound annual growth rate.

With that data,  you can calculate that the industry will grow to $270 Billion in 2023 and that the average shirt sold creates $18.18 in revenue.

Combine that with an IBIS World estimate of 11,094 custom screen printers and that means even if you become an average seller, you’ll get .009% of the market.

Here’s a table for easier viewing of that information.

The point here is to make sure your business proposal examples make sense.

You’ll need to know industry averages such as cost of customer acquisition, revenue per customer, the average cost of goods sold, and admin costs to be able to create accurate estimates.

Our simple business plan templates walk you through most of these processes. If you follow them you’ll have a good idea of how to write a business proposal.

How to Write a Business Plan Step 9. Business Plan Example of Funding Requests

What is a business plan without a plan on how to obtain funding?

The Small Business Administration has an example for a pizza restaurant that theoretically needed nearly $20k to make it through their first month.

In our video, How to Start a $500K/Year T-Shirt Business (Pt. 1 ), Sanford Booth told us he needed about $200,000 to start his franchise and broke even after 4 months.

Freshbooks estimates it takes on average 2-3 years for a business to be profitable, which means the fictitious pizza company from the SBA could need up to $330k to make it through that time and still pay their bills for their home and pizza shop.

Not every business needs that much to start, but realistically it’s a good idea to assume that you need a fairly large cushion.

Ways to get funding for a small business

There are a variety of ways to cover this. the most common are:

• Bootstrapping – Using your savings without external funding.
• Taking out debt – loans, credit cards
• Equity, Seed Funding – Ownership of a percentage of the company in exchange for current funds
• Crowdsourcing – Promising a good for funding to create the product

Keep reading for more tips on how to write a business plan.

How funding will be used

When asking for business financing make sure to include:

• How much to get started?
• What is the minimum viable product and how soon can you make money?
• How will the money be spent?

Mike emphasized two aspects that should be included in every plan, 

How to Write a Business Plan Resources

Here are some links to a business plan sample and business plan outline. 

• Sample plan

It’s also helpful to follow some of the leading influencers in the business plan writing community. Here’s a list:

• Wise Plans –  Shares a lot of information on starting businesses and is a business plan writing company.
• Optimus Business Plans –  Another business plan writing company.
• Venture Capital – A venture capital thread that can help give you ideas.

How to Write a Business Plan: What’s Next?

We hope this guide about how to write a simple business plan step by step has been helpful. We’ve covered:

• The definition of a business plan
• Coming up with a business idea
• Performing market research
• The critical components of a business plan
• An example business plan

In addition, we provided you with a simple business plan template to assist you in the process of writing your startup business plan. The startup business plan template also includes a business model template that will be the key to your success.

Don’t forget to check out the rest of our business hub .

Have you written a business plan before? How did it impact your ability to achieve your goals?

80% of businesses fail... Learn how not to.

Learn from business failures and successes in 5 min or less. The stories, frameworks, and tactics that will make you a 10x better founder.

Brandon Boushy

Related articles

How to Start a $41K/Month T-Shirt Business (2024)

• Which Business Model Is Easiest
• Skills You Need to Create Your Own T-shirt Designs and Sell Online
• What Makes a Great Business Name
• Elements of a Good Business Plan for an Online T-shirt Business
• Where to Go to Establish Your Business Structure
• Steps to Take Before You Start Selling T-shirts Online
• Choosing a Location to Sell Your T-shirts
• What You Need to Know About Equipment
• Resources for Team Building
• How to Manage Your Small Business Finances
• Paying Taxes
• Marketing Your Business

Step 1. What's the Best Way to Start a T-Shirt Business?

• Focusing on a specific target market, such as small business t-shirts.
• Performing graphic tee design work and printing them yourself.
• Starting an ecommerce store using Print-on-Demand companies.

How to Start a T-Shirts Franchise

How to start a t-shirt printing business with big frog.

• Request information .
• Get to know the franchisor on a business call.
• Attend a webinar that goes into more detail about the responsibilities of an owner.
• Fill out disclosure documents to prove you have the resources necessary to start a t-shirt business franchise.
• Meet other franchise business owners.
• Get to know the corporate team.
• Learn to press T-shirts.
• Learn about their customer support.
• Start the franchise.
• No less than $50K liquid assets
• At least $40K working capital
• $300K net worth (varies based on regional construction costs)
• $39,500 initial franchise fee
• Initial investment of $188,344 to $247,944
• A 6% royalty paid monthly on revenue
• 1.5% of revenue for marketing costs

How to Start a Brick and Mortar T-Shirt Business

Sell custom t-shirts, sell t-shirts online.

• Amazon is the largest online marketplace on the planet. You have to be listed there.
• Facebook and Instagram Marketplaces are also massive. Some functions can be done through one platform and then work on both, but others have to be done separately. 
• eBay is another great place to sell t-shirts online. Learn about selling on eBay .
• Shopify offers an easy experience to set up your own clothing store and connects with most of the bigger marketplaces directly from your shop.
• WordPress and WooCommerce work great together for super fast ecommerce stores.
• Etsy is another great marketplace for an online t-shirt business. Check out our guide on creating an Etsy shop .

How to Sell Shirts Online with Print on Demand

Fashion Designers

Manufacturing

Step 2. learning the skills.

• Production and printing
• Business skills

Design Skills

• Draw t-shirt designs using digital software, like Photoshop , Canva , or Illustrator .
• Have a pattern maker cut the patterns for the design.
• Build a prototype.
• Make alterations.
• Create a tech pack . A tech pack is just the design specifications you give to a clothing manufacturer.
• Source the materials and begin manufacturing.
• Embroidery machines
• Sublimation
• Screen printing

• Best Fashion Design Schools
• Best Free Online Classes
• Best Fashion Design Software
• Best Print-on-Demand Companies
• An ecommerce platform (Find Investopedia's review of the best ones here .)
• Payment processors
• Editing software
• Marketing software

• Facebook and Instagram

Production and Printing Skills

• Direct to garment
• Transfer printing
• Cad cut vinyl

Business Skills

• Accounting : Udemy , edX
• Pricing : Coursera , Udemy
• Shipping : Shopify , BigCommerce
• Inventory Management : Quickbooks , Unleashed

Step 3. T-Shirt Business Name

• Will the name indicate your business sells shirts?
• Is it easy to spell?
• Will you focus on local sales? If you do, consider including the name of the location.
• Is the .com domain available ?
• Is the business name unique?
• Does your name fit your branding? Check out Big Frog's logo:

Step 4. Write a T-Shirt Business Plan

• Guiding decisions
• Securing financing
• Developing partnerships with other businesses 
• Location selection and lease negotiation
• Design and layout of the store
• Recruitment
• One-page business plan
• U.S. Small Business Administration (SBA) business guide
• State-specific templates
• Business plan template for a startup business
• SCORE's free plans and startup assistance resources
• The Complete Business Plan Course (includes 50 templates)

Step 5. Establish a Legal Structure

• Sole Proprietorship : Most franchises will not allow you to run a sole proprietorship because there is no liability protection, but it's the least expensive way to start a business. Fill out a Schedule C to get started. Consider joining the American Independent Business Alliance .
• Limited Liability Corporation (LLC) : Each state has different requirements. Check your state's requirements . You might choose to register in a different state than where you live to reduce the cost of doing business. Check out the top 10 states to get an LLC.
• Corporation : If you intend to sell stock or raise funds by selling equity, you might want to become a corporation. Otherwise, stick to an LLC.
• Partnership : Normally, legal firms operate as partnerships. Unless there is a specific reason you need a partnership, it is better to do a multi-person LLC. Investopedia has good information about partnerships and corporations here .
• Franchise: Buying the right to use a company's processes and intellectual property to run one of its locations. Franchising.com has two franchise opportunities to start a t-shirt business in the United States. Big Frog is the only Direct to Garment (DTG) t-shirt franchise.

Get an Employer Identification Number (EIN)

Licenses, permits, and tax forms.

Step 6. Getting Ready for Customers

• Location: Where will you be working?
• Inventory: What will you sell, and how will you pay for it?
• Employees: Will you have employees, and how will you make sure it is a safe environment?
• Finances : How will you keep track of transactions and financial records?
• Insurance : How can you protect what you are building?
• Marketing : How will you find customers?

Step 7. T-Shirt Business Location

• Do you need space for screen printing equipment and inventory?
• Are you running an online t-shirt business? If so, you can run it from home.
• Will customers be coming to your small business?
• Does your t-shirt store have inventory?
• How will you display your t-shirt designs?
• How much space is needed to store your t-shirt designs?
• Will you host a traveling pop-up t-shirt store?

How to Start a T-shirt Business From Home

Finding a good spot, step 8. inventory, screen printing machines, and product displays.

Used Printing Machines and Product Displays

Step 9. employees.

Tax Filing and Withholding

Federal employment and labor law posters.

• Employment Eligibility Verification (Form I-9)
• State's New Hire Program
• Worker's Compensation Insurance
• Disability Insurance (varies by state)
• Occupational Safety and Health Administration (OSHA)

Job Posting

• Zip Recruiter

Compensation

• Salary: You might want to assign yourself a flat weekly or monthly rate for budgeting purposes.
• Hourly: This pay structure tracks the hours an employee works and pays them a set hourly rate, but it doesn't reward performance.
• Commission: If you only want to reward performance and not time, a percentage of revenue is the way to go.
• Hybrid Models: Hybrid models combine two pay structures. Combining hourly and commission encourages employees to help drive sales.

Step 10. Financial Management

Budget! Budget! Budget!

• dsBudget : This open-source software requires some development experience.
• QuickBooks: This popular resource is used by millions to make their accounting easy by setting up rules, connecting with their bank(s) directly, and more.
• Xero : I was introduced to them through an Australian client, and people love them. In my experience, it allows you to automate most of your processes but is meant to be set up by an accountant and software developer so that the platform works specifically based on your location(s) tax needs.

How to Start a T-shirt Business with No Money

• Shopify : Get a free 30-day trial of Shopify with our affiliate link.
• A print-on-demand company : I prefer Printful.
• Social media marketing : This might be less than $500 per month and is typically more economical than other options.

Common Funding Paths

• Loans from family or friends
• Business partners
• Government programs

Alternative Sources of Funding

• Crowdfunding  
• Credit cards
• Home equity loan
• Rollover for business startups (ROBS)

Develop a Pricing Structure

Increase prices every year.

• Send an email in November letting your customers know that prices will be going up at the beginning of the year.
• Book enough online t-shirt business to keep you busy through the slow months (January to March).
• Raise prices on January 1st. 

Step 11: Sales Tax and Insurance

Sales Taxes

Step 12: marketing.

More Marketing Tips for T-Shirt Businesses

• Building relationships. Networking is what makes a business pay off.
• Continually focusing on SEO for your ecommerce business. Start by familiarizing yourself with Google requirements .
• Checking customers' previous print jobs to give you ideas on how to sell more shirts.
• Following up! It makes a difference.
• Using analytics.

Influencers

• Elon Musk : Let's face it, both Sanford and I think he's a rockstar. He mixes jokes, insight, and enthusiasm to spread his message. He's the founder of six companies and the CEO of Tesla and SpaceX. We can all learn from him.
• Screen Printing Blogs : Want a list of 40 blogs focused on t-shirt printing? Check out this one. 
• SEO Influencers: Rand Fishkin , Danny Sullivan ,and Neil Patel

Go Forth and Start Your Own T-Shirt Business!

• Do I know how to start an ecommerce store?
• Is it worth it for me to sell online?
• Will I be comfortable speaking to clients?
• Am I starting a clothing line this year?
• Why am I starting a clothing business?
• Do I need employees or advice to get started?
• What will I need to feel successful?

440 Stand-Out Craft Business Names

Did you know craft business owners are expected to make 50% more in 2028 than they did last year?

That means there’s a lot of demand for handmade craft business names. Choosing a great craft business name can give you a headstart in competing for potential customers.

Here, we discuss the craft industry, what makes a good craft business name, catchy craft names for your business, and how to register your craft company name.

[su_note note_color="#dbeafc"] Click on any of the links below to jump ahead in your artistic journey.

Craft Business Industry Outlook

What makes a good craft business name, what should i name my craft business, 30 catchy craft business names, 34 cool craft business names, 36 funny craft business names, 34 creative craft business names, 30 professional craft business names, 20 personal craft business names, 34 location-based craft business names, 40 handmade craft business names, 30 creative shop name ideas, 28 unique craft business names, 30 clever business names for crafters, 32 cute shop names for crafts, 32 jewelry business name ideas, 30 crochet business name ideas, how to register your craft business names.

• Next Steps After Naming Your Craft Business [/su_note]

Craft businesses are expected to grow at a compound annual growth rate of 6.69% and reach $68 billion in industry revenue by 2028. That means a crafting business should expect to see considerable growth in the future if it provides quality handmade crafts.

A good craft business name should be:

• Memorable: Your business name should be easy to remember and pronounce.
• Relevant: Your business name should reflect the type of crafts you make and sell.
• Unique: Your business name should be unique and not already in use by another business.
• Professional: Your business name should sound professional and trustworthy.
• Appealing: Your business name should be appealing to your target audience.

Let’s look at some of the different ways of creating a catchy craft business name.

The best craft business names help you attract customers and communicate what your crafting business does. We’ll cover all kinds of timeless craft business names, including:

• Catchy business names for craft companies
• Cool craft names
• Funny craft names
• Creative name ideas
• Professional names for craft products
• Personal name ideas for craft business owners
• Location-based craft business naming ideas
• Business names perfect for handmade products

Keep reading to get your creative juices flowing. You’re sure to find unique craft business names that you love.

Consider one of these business name ideas when you start selling your crafts.

1. Crafty Creations 2. Creative Hands 3. The Craft Corner 4. The Happy Maker 5. The Artful Crafter 6. The Craftiest 7. The Colorful Crafter 8. The Crafters 9. The Crafty Corner 10. The Craft Zone 11. The Craft Hub 12. The Craft Room 13. The Craft Shop 14. The Craft Studio 15. The Craft Workshop

16. The Crafty Cottage 17. The Crafty Cabin 18. The Crafty Den 19. The Crafty Nook 20. The Crafty Retreat 21. The Crafty Spot 22. The Crafty Store 23. The Crafty Table 24. The Crafty Treehouse 25. The Crafty Turtle 26. The Crafty Unicorn 27. Crafty Wonderland 28. Creative Corner 29. The Creative Studio 30. Craft Galore Club

Pro Tip: Once you have a catchy business name, check if the corresponding domain name is available. Just input the name in the search bar of your web browser and see what comes up. If the website and the social media handles are available, you will have a much easier time attracting customers.

You can create a cool craft brand by combining two or more words to create a new and memorable phrase. This works especially well if they are keywords related to craft businesses.

1. Craftastic Creations 2. The Crafty Caravan 3. The Artisan's Nook 4. The Craft Emporium 5. The Crafter's Collective 6. The Crafty Cat 7. The Crafty Owl 8. The Crafticorn 9. Foxxy Crafty 10. Crafty Rabbit 11. The Crafty Bear 12. The Crafty Mouse 13. Crafty Dog 14. The Crafty Penguin 15. Crafty Frog 16. The Crafty Giraffe 17. Crafty Monkey

18. Crafty Elephant 19. The Crafty Hippo 20. Crafty Lion 21. The Crafty Tiger 22. Crafty Zebra 23. The Crafty Panda 24. Crafty Koala 25. The Crafty Kangaroo 26. Crafty Wombat 27. The Crafty Echidna 28. The Craftipus 29. Crafty Innovation 30. Yarns + Crafts 31. Crafting Cottage 32. The Paperie 33. Pottery Place 34. Woodworking Wizardry

Pro Tip: Rhyming words can also be used to come up with crafty business name ideas.

If your craft business offers products that are defined by their silly or goofy vibe, you might want to go with funny business names for crafts.

1. Artsy Fartsy Crafts 2. Bobbin and Skein 3. Color Me Happy 4. Crafty Critters 5. The Crafty Pickle 6. The Yarn Pirates 7. The Bead Bandits 8. The Crafty Cat Lady 9. The Knit Wits 10. The Sew and Sews 11. The Paper Puppets 12. The Paint Party People 13. The Claymation Crew 14. In Stitches 15. The Crafting Queens 16. The Junk Art Junkies 17. The Upcycled Oddities 18. The Mismatched Masterpieces

19. The Quirky Creations 20. The Silly Sculptors 21. The Wonky Woolen Wonders 22. The Crafty Critters 23. The Whimsical Woodland Workshop 24. The Doodling Dinosaurs 25. The Crafty Cacti 26. The Mischievous Makers 27. Playful Papercrafts 28. Goofy Gifts 29. Silly Stitches 30. Crazy Candles 31. Wonky Wall Art 32. Mismatched Mosaic Madness 33. Crafty Chaos 34. Quirky Quilts 35. Crafty Capers 36. Makin' It Mine

Pro Tip: When choosing a funny craft business name, it's important to strike the right balance of humor and professionalism. You want your name to be memorable and attention-grabbing, but you also don't want to alienate potential customers.

Here are a few tips for choosing a funny craft business name:

• Use puns or wordplay. This is a great way to add humor to your name without being too over the top.
• Choose a name that is relevant to your products or services. This will help customers understand what your business is all about.
• Keep it short and sweet. A long, complicated name is less likely to be remembered than a short, catchy one.
• Avoid using offensive or vulgar language. This could alienate potential customers and damage your reputation.

Want to create a craft business brand that stands out from other crafters? Consider some of these craft business names.

1. Stitch & Stone 2. Nature's Canvas 3. Artisan's Haven 4. Color & Craft 5. Threads & Textures 6. Paper & Paint 7. Clay & Creation 8. Mosaic Moments 9. Yarn & Wonder 10. Fiber & Fabric 11. Metal & Magic 12. Glass & Glamour 13. Wood & Whimsy 14. Resin & Radiance 15. Leather & Love 16. Quill & Ink 17. Candle & Calm

18. Soap & Serenity 19. Bath & Body Bliss 20. Home & Heart 21. Garden & Grace 22. Jewelry & Joy 23. Accessories & Adornments 24. Gifts & Gadgets 25. Party & Play 26. Learn & Create 27. Craft & Connect 28. Inspire & Be Inspired 29. The Maker's Muse 30. Spindles and Yarns 31. Fiber Frenzy 32. Funky Findings 33. Handmade Heaven 34. Heartfelt Creations

Pro Tip: You might incorporate some of your specific craft supplies’ names as you’re brainstorming creative small business names for craft companies.

Professionalism can make all the difference to craft store customers. Consider some of these names to differentiate yourself from other businesses.

1. Crafted Creations 2. The Crafted Studio 3. The Craftery 4. The Crafthouse 5. Crafty Corner 6. Creative Crafts 7. Design & Craft 8. Handmade Elegance 9. Handcrafted Wonders 10. The Craft Loft 11. The Craft Parlour 12. The Craft Station 13. The Crafty Rabbit 14. The Designery 15. The Maker's Place

16. The Maker's Studio 17. The Studio 18. The Workshop 19. Uniquely Crafted 20. Baubles & Blooms 21. Crafted with Love 22. Handcrafted Treasures 23. The Crafting Co. 24. The Crafty Canary 25. The Crafty Cardinal 26. Handmade with Love 27. Crafted By Yours Truly 28. Passion Crafts 29. World of Crafts 30. Wonderfully Handmade

Pro Tip: Your business name ideas should help people understand what you do. You don’t want to confuse customers.

When it comes to personal business names, ideas might include your first name, last name, or something or someone dear to you. Consider some of these creative names for business owners.

1. Emily's Embellishments 2. Ava + Milo Studio 3. Jake's Handmade Haven 4. Lily's Craft Corner 5. Alex's Artistry Alcove 6. Masterpieces by Mason 7. Chloe's Creative Crafts 8. Owen's Originals 9. Bella's Boutique Creations 10. Noah's Nifty Crafts

11. Ava's Artful Designs 12. Smith & Stitches Studio 13. Johnsons Jovial Crafts 14. Anderson Artisans 15. Davis Design Den 16. Taylor Family Treasures Workshop 17. The Miller's Handcrafted Haven 18. Lily & Sage Creations 19. EthanRose Designs 20. Olivia-Max Crafts

Pro Tip: Adding a personal touch to business name ideas helps make your craft store name more relatable to your target customers.

Using your location as part of your craft business name is a great way of selling arts locally.

1. Albuquerque Artisans 2. Anchorage Crafts 3. Atlanta Artworks 4. Austin Artisans 5. Baltimore Crafts 6. Rodeo Drive Designs 7. Boston Creations 8. Charleston Craftsmen 9. Chicago Crafters 10. Cleveland Crafts 11. Columbus Creation 12. Dallas Designs 13. Denver Designs 14. Abbey Road Artistry 15. Detroit Artisans 16. Houston Handcrafts 17. Indianapolis Craftsmen

18. Jacksonville Creations 19. Kansas City Crafts 20. Las Vegas Craftsmen 21. Los Angeles Creations 22. Louisville Artisans 23. Bourbon Street Crafts 24. Memphis Craftsmen 25. Miami Designs 26. Milwaukee Crafters 27. Minneapolis Creations 28. Nashville Craftsmen 29. New Orleans Crafts 30. New York City Creations 31. Orlando Artisans 32. Philadelphia Craftsmen 33. Phoenix Designs 34. Fifth Avenue Creations

Pro Tip: You might also try cute business names using nicknames for your region.

Handmade craft business name ideas can help show that your specific craft is done by hand. See if any of these unique business names for handmade crafts is a win for your business.

1. The Crafted Corner 2. The Maker's Market 3. One-of-a-Kind Creations 4. The Handmade Studio 5. The Craft Cottage 6. Creations by [Your Name] 7. The Upcycled Workshop 8. The Sustainable Stitchery 9. The Yarn Haven 10. The Soap Emporium 11. Candlelight Studio 12. The Artful Abode 13. The Creative Nook 14. The Artisanal Marketplace 15. The Handmade Collective 16. The Maker's Guild 17. The Craft Bazaar 18. Artisan's Alley 19. Handmade Haven 20. The Upcycled Market

21. Sustainable Studio 22. Eco-Friendly Emporium 23. Trinket Trove 24. Crafty Kaleidoscope 25. Tantalizing Creations 26. Upcycled Creative 27. Fabled Fibers 28. Fibers and You 29. Craft Me Not 30. Lovingly Handmade 31. Inspired by Nature 32. Joyful Creations 33. Knitting Nook 34. Papercraft Paradise 35. Piecework Perfection 36. Quilting Corner 37. Recycled Relics 38. Sew Much Fun 39. Something Special 40. Stitching Time

Whether you’re looking for an Etsy shop name or are opening a brick-and-mortar retail store selling your crafts, a great shop name can help your business thrive. Consider some of these craft business name ideas. 

1. The Gilded Thimble 2. The Yarn Garden 3. The Bead Bazaar 4. The Fabric Emporium 5. The Paper Palace 6. The Paint Box 7. The Clay Studio 8. The Jewelry Workshop 9. The Woodworking Shop 10. The Glassblowing Studio 11. The Pottery Barn 12. The Fiber Arts Studio 13. The Weaving Studio 14. The Knitting Nook 15. The Quilting Bee

16. The Embroidery Guild 17. The Cross-Stitch Society 18. The Needlepoint Club 19. The Tatting Circle 20. The Lace-Making Society 21. The Bobbin Lace Guild 22. The Crochet Club 23. The Macrame Society 24. The Beading Circle 25. The Jewelry-Making Guild 26. Sew Many Stitches 27. The Doodling Dragon 28. The Mismatched Menagerie 29. The Beaded Bookmark 30. The Quirky Quilter

Want unique craft business name ideas? Here are a few examples.

1. Handman Concoctions 2. Crafty Kids 3. Natural Materials Crafters 4. Craft 4 Days 5. Crafts Gone Wild 6. Curious Craft Company 7. Crafts Galore 8. The Crafty Kraken 9. The Creative Canvas 10. The Stitching Studio 11. The Yarn Emporium 12. The Paintbox 13. The Clay Cottage 14. The Jewelry Junction

15. The Scrapbooking Shack 16. The Upcycling Emporium 17. The Repurposing Realm 18. The Eco-Friendly Crafts Co. 19. The Craft Collective 20. Craft Central 21. Crafty Craze 22. Craftastic World 23. Inkwell & Quill 24. Crafty Concoctions 25. The Painted Petal 26. The Enchanted Easel 27. Button Bonanza 28. The Gilded Loom

Craft business name ideas should show off how crafty you are. What better way than to come up with a clever company name? Try some of these craft business name ideas.

1. Threaded Dreamscapes 2. Fiddlesticks & Fleece 3. Wondrous Weaves 4. Yarnicorn Creations 5. The Looping Llama 6. Crochet Couture 7. Whimsy & Wool 8. Cuddly Creations 9. The Hooked Haven 10. Yarnivore's Delight 11. Knot Just Crochet 12. Threaded Tales & Trails 13. Stitchy & Chic 14. The Wooly Wyvern 15. The Cozy Nest

16. Yarnography 17. The Unraveling Ramble 18. Stitching Symphony 19. Woolful Wonders 20. The Hooked Hippogriff 21. Yarntastic Creations 22. The Cozy Cauldron 23. Loopty-Loo Crafts 24. Hooked on Happiness 25. Stitchin' with Sass 26. Knotty, Spice, and Everything Nice 27. Hook, Line & Stitcher 28. The Yarnival Effect 29. The Fuzzy Foxglove 30. The Critter's Crochet

1. The Threadbender 2. The Painted Fox 3. The Twisted Twine 4. The Gilded Lily 5. The Woven Willow 6. The Knotty Gnome 7. The Beaded Butterfly 8. Our Enchanted Forest 9. The Mermaid's Cove 10. The Dragon's Hoard 11. The Unicorn's Horn 12. The Rainbow Room 13. The Land of Oz 14. Candy Land Crafts 15. The Glass Chocolate 16. Bon Bon Craft Supplies

17. Toyland Crafters 18. The Enchanted Garden 19. The Magic Kingdom 20. The Land of Make-Believe 21. The Land of Dreams 22. Neverland Crafts 23. The Lost World 24. The Secret Garden 25. Misty Mountains Crafters 26. Sparkling Sea Artisans 27. Whispering Woods Studio 28. The Starry Night 29. Knotty and Nice 30. Whimsical Baubles 31. The Yarn Barn 32. Whimsical Wonders

A jewelry company is often focused on crafting and will be appealing to its customers’ aesthetic sensibility. You might try some of these handmade business name ideas if you’re selling a custom jewelry line.

1. The Jewelry Box 2. Adorned Elegance 3. Artisan Jewels 4. Bling Bliss 5. Charm & Chic 6. Dazzling Delights 7. Enchanted Embellishments 8. Exquisite Adornments 9. Gemstone Glamour 10. Heirloom Jewels 11. Jeweled Creations 12. Luminous Luxuries 13. Made with Love Jewelry 14. Ornate Opulence 15. Precious Pieces 16. Radiant Reflections

17. Shimmering Splendor 18. Sparkling Sensations 19. The Bling Boutique 20. Timeless Treasures 21. Unique Adornments 22. Vintage Vibes Jewelry 23. Wearable Art 24. Artisan Adornments 25. Crafted with Care 26. Elegant Expressions 27. Enchanted Elegance 28. Handmade Heirlooms 29. Enchanted Trinkets 30. Embellished by You 31. Diamond Bright Studio 32. The Beading Boutique

Want more ideas? Check out our picks for a crochet business.

Many craft business owners like to crochet. Consider some of these names for crocheted crafts.

1. Hooked on Crochet 2. Stitches of Love 3. The Crochet Corner 4. A Stitch in Time 5. Knotty by Nature 6. Yarn and Joy 7. The Crochet Studio 8. The Yarn Loft 9. Hooked on Handmade 10. The Crochet Cottage 11. The Crochet Parlour 12. The Yarn Boutique 13. The Stitchery 14. The Crochet Nook 15. The Yarn Stash

16. Yarn Over 17. Hook, Line, and Sinker 18. The Yarn Diva 19. The Crochet Queen 20. The Yarn Whisperer 21. The Crochet Goddess 22. The Yarn Enthusiast 23. The Crochet Maven 24. The Yarnista 25. The Crochet Alchemist 26. Yarnspirations 27. Knotty Nirvana 28. Purrfectly Hooked 29. The Cozy Burrow 30. The Wandering Skein

Now that you have plenty of craft business name inspiration, it’s time to talk about how to register your craft business’s name. You’ll want to make sure to:

• Choose a business name. Your business name should be unique, memorable, and relevant to your products or services. It should also be available as a domain name and social media handle.
• Check the availability of your business name. Once you have chosen a business name, you should check to see if it is available in your state. You can do this by searching the Secretary of State's website or contacting the office directly.
• File a DBA (Doing Business As) name. If your business name is different from your legal name, you will need to file a DBA name with the county clerk's office in the county where your business is located.
• Register your business with the IRS. You will need to register your business with the IRS to obtain an Employer Identification Number (EIN). You can do this online or by mail.
• Obtain the necessary licenses and permits. Depending on the type of craft business you are operating, you may need to obtain certain licenses and permits. You can contact your local Chamber of Commerce or the Small Business Administration (SBA) for more information.

Local artisans will have so much more to accomplish for their handmade business operations to be successful. Let’s discuss some of the things you’ll need to do next.

Next Steps After Naming Your Craft Business

Once you’ve found a craft business name you love and registered it, you’ll need to start building your inventory of crafts, create a website, and start marketing your crafts. One of the best ways to market a crafts business is to record yourself making them and share your videos on social media.

What crafts business name do you like?

13 Recession-Proof Businesses (2024)

Are you worried about the direction of the global economy?

You’re not alone. Both business owners and employees are feeling a crunch from rising costs. That’s why we’re going to discuss recession-proof businesses.

[su_note note_color="#dbeafc"] We’ll help you understand more about recessions, including:

Are we in an economic downturn?

What are recession-proof businesses, what industries are recession-proof.

• How do economic downturns impact businesses ?

Recession-Proof Business Ideas: 13 Good Businesses to Start in a Bad Economy

Benefits of starting a business in a bad economy.

• Conclusion [/su_note]

When you’re done reading this, you’ll have an understanding of recession-proof sectors and be prepared for the next economic downturn. Read from start to finish or click any of the links above to jump straight to the section you need to know more about right now.

According to the Federal Reserve , as of April 5, 2024, we are not in a recession, but economic downturns tend to occur every 6.33 years and typically last between 6 and 18 months.

The last economic downturn was caused by the COVID-19 pandemic and government shutdowns that lasted two quarters. Prior to that, the housing market crash of 2008 resulted in a recession that lasted for nearly two years.

Many people believe that the relatively high rate of inflation, the housing and rent bubble, and the reduction in spending power for many Americans are signs that the economic climate is primed for another economic crisis.

If you’re a business owner, now’s the time to should look at your business model and consider how it will survive and thrive during tough economic times.

Recession-proof businesses are companies in industries that tend to perform better than the gross domestic product (GDP) as a whole.

As we experienced during the pandemic, if a small business was considered an “essential service,” it could ride out the tough times because the economic activity that kept it afloat didn’t stop, even when most businesses were not allowed to operate as usual.

When a recession hits, some industries and sectors tend to do better than others. There are essential services and products that people still need during economic slumps, including:

• Utility services
• Disposable goods
• Consumer staples
• Auto repairs

Meanwhile, revenue streams tend to dry up for some companies when widespread economic hardship occurs. Consumer demand for the following tends to decrease during an economic recession:

• New automobiles
• Restaurants
• Large purchases

The economic conditions during each recession will be different, which means consumers cut costs in different areas depending on what the scenario is.

For instance, during the Great Recession in 2008 and 2009, real estate agents were hardest hit because the cash reserves and risk appetite of banks were vastly reduced. In the 1980s, oil embargos caused people to reduce their driving because of gas shortages.

How do economic downturns impact businesses?

When economic uncertainty hits, small business owners will normally experience a reduction of incoming cash flow and be compelled to tighten up their budgets and stop hiring.

When the economic situation gets even worse, they may need to offer cheaper alternatives, lay people off, and, in the worst-case scenario, close their businesses.

Industries that are recession-proof will normally be able to avoid many of the worst-case scenarios because people still need food, clothing, shelter, and other recession-proof products.

In the sections below, we’ll discuss industries that do well in recession.

The following businesses are sorted based on the number of searches for each type of recession-proof business. Why? Search volume is a good indicator of the demand for information about recession-proof industries.

Consider the following recession-proof business ideas:

• Affiliate marketing
• Grocery stores
• Food delivery services
• Auto repair shops
• Home improvement and home repair companies
• Property management companies
• Cleaning services
• Accounting services
• Healthcare industry
• Information technology support
• Dollar stores

Keep reading to learn about the most recession-proof industries.

1. Affiliate Marketing

According to Kinsta , 56% of affiliate marketers increased their earnings during the recession of 2020, making it the best recession-proof business. If that’s not enough, Authority Hacker expects affiliate marketing to be a $27.78 billion recession-proof industry by 2027.

Affiliate marketing is the most commonly searched for recession-proof business. It doesn’t require an inventory, and you make commissions on every sale.

You might need to refer people to recession-proof services like bookkeeping services and rideshare services to keep your income flowing, but there are plenty of great affiliate marketing offerings.

Learn more about affiliate marketing through our interview with affiliate marketing master Matt Diggity.

2. Grocery Store

Grocery stores are another of the most recession-resistant business models. The food industry is never going to end because we have to eat to survive.

According to Forbes , people spend about 14% of their income on food, and the percentage of that spending that goes to fast food and restaurants has declined from 45% to 40%. That means people are grocery shopping more.

Check out our interview with Punardeep Sandhu, a serial entrepreneur who owns a grocery store.

3. Food Delivery Services

According to Bloomberg Second Measure , delivering food spiked during the pandemic. Given this industry hasn’t been around long enough to survive multiple recessions, it might not be as recession-resistant as the chart suggests.

That said, a business owner could focus on offering the same services for grocery stores to help protect against sudden reduced cash flow.

Find out how Adam Haber started his courier services working with Amazon.

4. Auto Repair Shops

According to the Denver Post , auto mechanics saw a 16% increase in revenue during the 2008 financial crisis, making it a fairly recession-proof business. These support services benefited from the lack of available loans during that time.

Meanwhile, repair shops saw a decrease in business during the pandemic because people drove 13.2% less .

Find out how Lucky Sing started his repair business in 2016 for just $20,000.

5. Home Improvement and Home Repair Companies

During the Great Recession, the home improvement and repairs industry dropped 1% the first year before starting to increase again according to Statista . Meanwhile, home repairs increased by 22% during the pandemic.

Depending on the cause of each recession, the business opportunities may be in repairs or improvement. Offering both types of services makes a business that much more recession-proof.

Check out our list of construction businesses to learn more about starting home repair and improvement businesses.

6. Property Management Companies

According to the Congressional Research Survey , there are 49.5 million rental properties in the United States. Furthermore, 44% of them are managed by property managers according to DoorLoop .

People don’t stop renting just because the economy isn’t doing well, and these companies take a percentage of monthly revenue.

Learn more about property management and real estate investment.

7. Cleaning Services

A cleaning business can be recession-resistant. Home cleaners may find people cut back on cleanings, but janitorial services are unlikely to stop managing cleaning contracts because nobody wants to go to a business that is filthy.

During the pandemic, many cleaning services added sterilization services to drive new revenue and growth.

Learn how Christobal Mondragon makes over $1.5 million per year in our exclusive cleaning business course .

8. Accounting Services

Almost everyone in the United States needs accounting services. Some people only need once-per-year tax filing assistance, while others need financial advisors for things like:

• Financial planning services
• Bookkeeping
• Quarterly taxes
• Comparing financing options

These services are in high demand during all economic conditions.

9. Healthcare Industry

The healthcare sector benefits from people getting sick and having emergencies. That means healthcare companies make money no matter what the economy is doing.

Right now is a perfect time for starting a new business in the healthcare industry. According to The Hill , the entire healthcare industry is facing shortages of essential workers. The work is typically high paying and offers job security for those who can handle the grueling hours and stressful environment.

10. Child Care

According to Statista , there are 46.6 million American kids under 11 years old. The Census Bureau estimates 17% of their parents rely on paid childcare services. Meanwhile, the Department of Labor reports that people pay between $5,357 and $17,171 per year for childcare.

In-home daycares make great small businesses—you can save money and fulfill the ever-higher demand for childcare.

Pro Tip: Check out our picks for 698 Endearing Daycare Names and How to Start a Day Care (in 9 Simple Steps) .

11. Information Technology Support

IT support companies are recession-proof companies because people still need help solving their tech-related problems, even in a downturn.

According to Axios , tech companies did poorly at the turn of the century because of the tech bust, but 2008 led to a lot of new technology that opened new business opportunities. Then, in the pandemic, there were grants to help small businesses implement new technology.

Small business ideas in this field tend to have high profits that make it easier for them to be recession-proof businesses. Just make sure to save money so you can weather economic downturns and invest in businesses that thrive in recession.

12. Pet Care

Recession-resistant industries include pet care. These are good business ideas because pets still need to be fed and go to the bathroom during economic downturns.

These recession-resistant businesses can use affordable luxuries like online shopping, digital marketing, and social media to make modern life easier for their pet-owning customers.

13. Dollar Stores

Dollar stores tend to do best when money is tight. According to USA Today , multiple chains are closing down their dollar stores due to financial challenges.

These businesses need to be able to purchase things in bulk and sell them for low costs, which requires implementing successful and sustainable buying and pricing strategies.

While dollar stores can be businesses that are recession-proof, getting into the game might be best in expansionary times.

Starting a business during a recession can actually be really beneficial. A recession often provides people who want to start a business with some competitive advantages, including:

• An Obvious Problem: Recessions are almost always tied to a specific event or industry bubble. Finding the solution to solve that problem can be highly beneficial.
• Lower Costs: Many large purchases, like equipment, real estate, and existing businesses, tend to be less expensive during economic downturns.
• More government incentives: Governments tend to provide other businesses more support during recessions than expansionary times. As long as you provide a solution in the industries they are focused on, this can help you.

Don’t focus so much on what industries do well in a recession; rather, focus on the industries in which you can differentiate yourself.

Consider this example: Lee Kindell started Moto Pizza when COVID shutdowns closed his hotel. He put $60,000 on a credit card to open the pizza shop—and has since opened multiple locations. Find out how he did it in the interview below.

At this point, you have an understanding of recession-proof businesses that commonly perform well during an economic downturn.

We discussed the industries that perform well during recessions, how businesses are impacted by recessions, what businesses do well in a recession, and why you might want to start a business…even during an economic downturn.

It’s up to you to do the research on each business, but we have interviewed hundreds of business owners to learn what they did and how you can speed up your process to success. Consider taking one of our courses to start a successful business faster .

What recession-proof business will you start?

nice work https://binarychemist.com/

My Name is PRETTY NGOMANE. A south African female. Aspiring to do farming. And finding a home away from home for the differently abled persons in their daily needs.

Become a business owner in less than 90 days

Start your 10-day free trial of the UpFlip Academy and learn how to start your own business from scratch.

Get business advice straight to your   Inbox 

• Credit cards
• View all credit cards
• Banking guide
• Loans guide
• Insurance guide
• Personal finance
• View all personal finance
• Small business
• Small business guide
• View all taxes

You’re our first priority. Every time.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners .

How to Write a Business Plan, Step by Step

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

What is a business plan?

1. write an executive summary, 2. describe your company, 3. state your business goals, 4. describe your products and services, 5. do your market research, 6. outline your marketing and sales plan, 7. perform a business financial analysis, 8. make financial projections, 9. summarize how your company operates, 10. add any additional information to an appendix, business plan tips and resources.

A business plan outlines your business’s financial goals and explains how you’ll achieve them over the next three to five years. Here’s a step-by-step guide to writing a business plan that will offer a strong, detailed road map for your business.

ZenBusiness

A business plan is a document that explains what your business does, how it makes money and who its customers are. Internally, writing a business plan should help you clarify your vision and organize your operations. Externally, you can share it with potential lenders and investors to show them you’re on the right track.

Business plans are living documents; it’s OK for them to change over time. Startups may update their business plans often as they figure out who their customers are and what products and services fit them best. Mature companies might only revisit their business plan every few years. Regardless of your business’s age, brush up this document before you apply for a business loan .

» Need help writing? Learn about the best business plan software .

This is your elevator pitch. It should include a mission statement, a brief description of the products or services your business offers and a broad summary of your financial growth plans.

Though the executive summary is the first thing your investors will read, it can be easier to write it last. That way, you can highlight information you’ve identified while writing other sections that go into more detail.

» MORE: How to write an executive summary in 6 steps

Next up is your company description. This should contain basic information like:

Your business’s registered name.

Address of your business location .

Names of key people in the business. Make sure to highlight unique skills or technical expertise among members of your team.

Your company description should also define your business structure — such as a sole proprietorship, partnership or corporation — and include the percent ownership that each owner has and the extent of each owner’s involvement in the company.

Lastly, write a little about the history of your company and the nature of your business now. This prepares the reader to learn about your goals in the next section.

» MORE: How to write a company overview for a business plan

The third part of a business plan is an objective statement. This section spells out what you’d like to accomplish, both in the near term and over the coming years.

If you’re looking for a business loan or outside investment, you can use this section to explain how the financing will help your business grow and how you plan to achieve those growth targets. The key is to provide a clear explanation of the opportunity your business presents to the lender.

For example, if your business is launching a second product line, you might explain how the loan will help your company launch that new product and how much you think sales will increase over the next three years as a result.

» MORE: How to write a successful business plan for a loan

In this section, go into detail about the products or services you offer or plan to offer.

You should include the following:

An explanation of how your product or service works.

The pricing model for your product or service.

The typical customers you serve.

Your supply chain and order fulfillment strategy.

You can also discuss current or pending trademarks and patents associated with your product or service.

Lenders and investors will want to know what sets your product apart from your competition. In your market analysis section , explain who your competitors are. Discuss what they do well, and point out what you can do better. If you’re serving a different or underserved market, explain that.

Here, you can address how you plan to persuade customers to buy your products or services, or how you will develop customer loyalty that will lead to repeat business.

Include details about your sales and distribution strategies, including the costs involved in selling each product .

» MORE: R e a d our complete guide to small business marketing

If you’re a startup, you may not have much information on your business financials yet. However, if you’re an existing business, you’ll want to include income or profit-and-loss statements, a balance sheet that lists your assets and debts, and a cash flow statement that shows how cash comes into and goes out of the company.

Accounting software may be able to generate these reports for you. It may also help you calculate metrics such as:

Net profit margin: the percentage of revenue you keep as net income.

Current ratio: the measurement of your liquidity and ability to repay debts.

Accounts receivable turnover ratio: a measurement of how frequently you collect on receivables per year.

This is a great place to include charts and graphs that make it easy for those reading your plan to understand the financial health of your business.

This is a critical part of your business plan if you’re seeking financing or investors. It outlines how your business will generate enough profit to repay the loan or how you will earn a decent return for investors.

Here, you’ll provide your business’s monthly or quarterly sales, expenses and profit estimates over at least a three-year period — with the future numbers assuming you’ve obtained a new loan.

Accuracy is key, so carefully analyze your past financial statements before giving projections. Your goals may be aggressive, but they should also be realistic.

NerdWallet’s picks for setting up your business finances:

The best business checking accounts .

The best business credit cards .

The best accounting software .

Before the end of your business plan, summarize how your business is structured and outline each team’s responsibilities. This will help your readers understand who performs each of the functions you’ve described above — making and selling your products or services — and how much each of those functions cost.

If any of your employees have exceptional skills, you may want to include their resumes to help explain the competitive advantage they give you.

Finally, attach any supporting information or additional materials that you couldn’t fit in elsewhere. That might include:

Licenses and permits.

Equipment leases.

Bank statements.

Details of your personal and business credit history, if you’re seeking financing.

If the appendix is long, you may want to consider adding a table of contents at the beginning of this section.

How much do you need?

with Fundera by NerdWallet

We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

Here are some tips to write a detailed, convincing business plan:

Avoid over-optimism: If you’re applying for a business bank loan or professional investment, someone will be reading your business plan closely. Providing unreasonable sales estimates can hurt your chances of approval.

Proofread: Spelling, punctuation and grammatical errors can jump off the page and turn off lenders and prospective investors. If writing and editing aren't your strong suit, you may want to hire a professional business plan writer, copy editor or proofreader.

Use free resources: SCORE is a nonprofit association that offers a large network of volunteer business mentors and experts who can help you write or edit your business plan. The U.S. Small Business Administration’s Small Business Development Centers , which provide free business consulting and help with business plan development, can also be a resource.

On a similar note...

Find small-business financing

Compare multiple lenders that fit your business

Entrepreneurship: Making a Business Plan

A business plan is regarded as an entrepreneurs’ ‘road map’ to realize a successful business. It describes the current status, future needs, and expected outcomes of the venture. It includes multiple parts, starting from project overview and finishing with financial strategy and timetable. Despite being rather extensive in size, it holds various benefits and is essential for those who consider initiating a new business.

A business plan aims to explain its marketing strategy, research & development, management issues, possible risks. The effective plan presents a comprehensive business development model with detailed descriptions of its main facets (Kuratko, 2016). The description of the business processes is merely a part of it. The plan’s central focus is realizing the proposed models and the firm’s transformation into a prosperous company.

A business plan is a document that performs the operational and managerial functions of the venture. Its main benefit is that it allows the entrepreneur to avoid some of the problems that can potentially arise during its implementation (Kuratko, 2016). There are other advantages of a business plan for the entrepreneur; for example, he gains an objective and clear understanding of his venture due to the amount of time and effort spent conducting research and analyzing the business critically. Besides, the entrepreneur conceives all assumptions about the venture’s success (Kuratko, 2016). And, finally, a business plan is a mechanism that helps communicate with investors and lenders and receive financial support.

Overall, a business plan is fundamental for creating and developing a business. Considering that starting a business resembles a lottery, preparing a business plan raises the odds. If planned carefully, it is advantageous for owners because it ensures critical analysis of their venture, reduces the risks, states assumptions, and serves as a communication tool for outside financing.

Kuratko, D. F. (2016). Entrepreneurship: Theory, process, and practice . Cengage Learning.

• Chicago (A-D)
• Chicago (N-B)

IvyPanda. (2022, August 16). Entrepreneurship: Making a Business Plan. https://ivypanda.com/essays/entrepreneurship-making-a-business-plan/

"Entrepreneurship: Making a Business Plan." IvyPanda , 16 Aug. 2022, ivypanda.com/essays/entrepreneurship-making-a-business-plan/.

IvyPanda . (2022) 'Entrepreneurship: Making a Business Plan'. 16 August.

IvyPanda . 2022. "Entrepreneurship: Making a Business Plan." August 16, 2022. https://ivypanda.com/essays/entrepreneurship-making-a-business-plan/.

1. IvyPanda . "Entrepreneurship: Making a Business Plan." August 16, 2022. https://ivypanda.com/essays/entrepreneurship-making-a-business-plan/.

Bibliography

IvyPanda . "Entrepreneurship: Making a Business Plan." August 16, 2022. https://ivypanda.com/essays/entrepreneurship-making-a-business-plan/.

• DISC Personality Test and Action Plan & Timetable
• Issues Constraining Introduction of Timetable Changes by South Western Railway
• Timetable Scheduling Using Generic Algorithms
• Incident Management, and Security Training Capacities for the Enterprise
• Technology and Innovation: Entrepreneurial Action Research Project
• Starting a Business Enterprise
• Lean Start-Up Entrepreneurial Venture Development
• Cooper’s Stage-Gate Model Analysis

How to Write a Business Essay for Impactful Communication and Analysis

So, you've got a business essay coming up, and you're feeling a mix of excitement and a tad bit overwhelmed, right? Totally get it. Writing a business essay might sound boring, but trust me, it's a skill that's gonna come in handy when you're out there in the real world.

In this article, we're dishing out some awesome tips just for you if you have question on how to start a business essay. Think of it as your secret weapon to tackle those business essays like a pro. We'll keep it real, easy, and super practical – no fancy jargon or complicated theories. Let's dive into the world of business essay writing, where your words can make a big impact. In case you lack time or motivation to finish your assignment, use our business essay writing service to streamline the process.

What Is a Business Essay

Business essays are written pieces that explore and analyze various aspects of business-related topics, often focusing on management, marketing, finance, or entrepreneurship. They provide a platform for students and professionals to articulate their understanding of business concepts, theories, and real-world applications. Typically written in a formal and structured manner, a business essay requires critical thinking, research skills, and the ability to communicate ideas effectively. Whether delving into case studies, discussing industry trends, or evaluating business strategies, the essay aims to provide insights, draw conclusions, and contribute to a deeper understanding of the dynamic world of business.

How to Write an Introduction for a Business Essay

A business essay introduction sets the tone for the entire paper and captures the reader's attention. Here are some steps and tips to help you write an effective introduction for a business essay:

• Understand the Purpose of the Introduction

Clearly understand the purpose of your essay. Are you providing an overview of a business concept, analyzing a case study, or arguing a specific point? Tailor your introduction accordingly.

• Start with a Hook

Grab the reader's attention with a compelling hook. This could be a relevant quote, a surprising fact, a rhetorical question, or a thought-provoking statement. The goal is to make the reader want to continue reading.

• Provide Context

After the hook, provide some background or context related to the topic of your essay. Help the reader understand the significance and relevance of the subject matter in the business world.

• Thesis Statement

Clearly state your thesis or the main argument of your essay. This should be a concise and focused statement that outlines what the reader can expect from the rest of the essay. Make sure it is specific and reflects the purpose of your writing.

• Outline the Scope

Briefly outline the main points or areas that your essay will cover. This gives the reader a roadmap of what to expect and helps them understand the structure of your essay.

• Use Clear and Concise Language

Keep your introduction clear and concise. Avoid unnecessary jargon or complex language that might confuse the reader. Aim for clarity and precision.

• Be Relevant

Ensure that every sentence in your introduction is directly related to the topic of your essay. Avoid going off on tangents or providing excessive information that doesn't contribute to the main points.

• Consider the Tone

Choose a tone that is appropriate for your audience and the nature of your essay. Business essays can vary in tone, from formal and academic to more conversational, depending on the context.

Are You a Business Student with a Hectic Schedule?

 Try our professional writing service – it can do wonders for your curriculum!

Business Essay Introduction Example

Here’s an example of an introduction for an essay titled “The Rise of E-commerce: Shaping the Future of Retail”:

The retail landscape is undergoing a seismic shift as e-commerce continues to redefine the way consumers shop. In this essay, we explore the profound implications of this digital transformation on traditional retail models and analyze the key strategies businesses are employing to thrive in this dynamic environment. From changing consumer behaviors to the strategic use of technology, the impact of e-commerce on the retail sector is undeniable, prompting businesses to adapt or face the risk of obsolescence.

How to Write a Business Essay

Working on a business essay might seem daunting, but it doesn't have to be. In this guide, we'll break down the process into simple steps to help you navigate through it smoothly. In this next section. We’ll be breaking down the essentials of drawing up a business essay from start to finish. From defining your main argument to structuring your points effectively, let's explore the key strategies that will set you on the path to success. 

Analyze the Prompt

Start by carefully reading and understanding the essay prompt. This involves breaking down the question to grasp what it's asking for, identifying the main topics, and recognizing any specific tasks or points to cover. This step helps you set the stage for a focused and relevant essay by ensuring you address all aspects mentioned in the prompt. You can hire a business essay writer to expedite the process if you want.

Think of a Thesis Statement

When writing a business essay, think of the thesis statement as the essay's compass. It should be a concise, strong sentence that lays out your main argument or viewpoint on the topic. Your thesis guides the entire essay, so make sure it's specific, debatable, and gives readers a clear idea of what to expect in your writing.

Create an Outline

We’ve already shared tips on how to write an introduction for a business essay, so let’s move on to the next stages. Organize your thoughts by outlining the main points and structure of your essay. This doesn't have to be too detailed; just a roadmap that helps you see how different ideas connect. An outline ensures a logical flow in your writing and prevents you from going off track. By the way, have you already picked business essay topics ? If not, here’s a list of great ideas you can use!

Provide Topic Background

Before diving into your main points, the business essay writing format implies giving your reader some context about the topic. Briefly introduce the key concepts, relevant facts, or historical background that will help readers understand the importance and relevance of your essay.

Write the Main Body

Start developing your essay by expanding on the main points outlined in your thesis. Each paragraph should focus on a specific idea or argument supported by evidence or examples. Be clear and concise, ensuring a smooth transition between paragraphs. It’s the most difficult part of the assignment, meaning you can use our college essay service to simplify it.

Write a Conclusion

Summarize your key points and conclusively restate your thesis. The conclusion should tie up the loose ends and leave a lasting impression on the reader. Avoid introducing new information but rather reinforce your main argument. For more details about how to write a conclusion for an essay , please refer to our guide.

Add a Bibliography

List all the sources you used in your research. Be meticulous about citing your references properly, following the chosen format (APA, MLA, etc.). This adds credibility to your essay and avoids plagiarism issues.

Edit and Proofread

As you’ve learned how to write a business essay, it’s time to master the art of self-revising. Review your essay for clarity, coherence, and grammatical errors. Editing ensures that your ideas flow smoothly, and proofreading catches any overlooked mistakes. It's a crucial step to polish your essay and present a professional piece of writing. Do you have another assignment on business management ? This guide will help you!

Choose the Writing Format

Reiterate the importance of selecting and adhering to the chosen writing format throughout the essay. Consistency in formatting, citations, and other style elements contributes to the overall professionalism of your work.

Business Essay Example

Business essay examples offer practical assistance to students tackling assignments by showcasing the application of essential writing principles in a real-world context. As a tangible reference, it demonstrates an effective essay structure and how to formulate a clear thesis statement and provide coherent arguments. By examining examples, students can glean insights into research techniques, proper citation practices, and overall essay organization, empowering them to approach their business assignments with increased confidence and proficiency.

Example 1: “The Impact of Technological Advancements on Modern Business Operations”

This essay explores the multifaceted impact of technology on operational efficiency, innovation, customer relations, and global connectivity. From integrating automation and artificial intelligence for streamlined processes to facilitating global expansion through digital platforms, technology emerges as a driving force shaping the success and sustainability of contemporary enterprises. While acknowledging the numerous benefits, the essay also highlights the challenges and ethical considerations inherent in adopting these technologies, emphasizing the need for businesses to navigate these complexities responsibly for long-term growth and competitiveness.

Example 2: “Sustainable Business Practices: A Strategic Imperative for Corporate Success”

This essay explores the pivotal role of sustainable business practices as a strategic imperative for corporate success in the contemporary entrepreneurship scene. Addressing environmental concerns, social consciousness, and economic viability, the essay delves into the multifaceted benefits of adopting sustainable approaches. It discusses how businesses can align profitability with responsible practices, emphasizing environmental stewardship, social impact, and community engagement. The essay underscores the importance of regulatory compliance and risk mitigation in business by examining the economic advantages and innovation opportunities arising from sustainable initiatives.

Final Considerations

Students engage in writing business essays to develop essential skills and knowledge crucial for success in the professional world. These essays serve as a platform for honing critical thinking, analytical, and communication skills, allowing students to articulate and analyze complex business concepts. Through the process of researching, organizing thoughts, and constructing coherent arguments, students gain a deeper understanding of business principles and practices. Business essays also cultivate the ability to synthesize information, evaluate various perspectives, and present well-reasoned conclusions. If you find with task troublesome, you can always tell us, ‘ write my research paper ,’ and one of our wordsmiths will fulfill the assignment quickly.

Writing Business Essays Doesn’t Work for You?

 Here’s an alternative – an expert writer with relevant experience and proper skills.

How Many Paragraphs Does a Business Essay Have?

What is the most important part of a business essay, how do you start off a business essay.

Annie Lambert

specializes in creating authoritative content on marketing, business, and finance, with a versatile ability to handle any essay type and dissertations. With a Master’s degree in Business Administration and a passion for social issues, her writing not only educates but also inspires action. On EssayPro blog, Annie delivers detailed guides and thought-provoking discussions on pressing economic and social topics. When not writing, she’s a guest speaker at various business seminars.

is an expert in nursing and healthcare, with a strong background in history, law, and literature. Holding advanced degrees in nursing and public health, his analytical approach and comprehensive knowledge help students navigate complex topics. On EssayPro blog, Adam provides insightful articles on everything from historical analysis to the intricacies of healthcare policies. In his downtime, he enjoys historical documentaries and volunteering at local clinics.

Related Articles

How to Write a Business Essay: an Ultimate Guide

Table of Contents

Writing an essay can be boring. A lot of essays are basically the same thing over and over again. You write an introduction, then you write your supporting paragraphs, and then you create a conclusion. Overall, the process is not a lot of fun, and you can often feel as though you are simply going through the motions for the sake of churning out extra work. But since you have to write an essay, it’s worth considering the many ways that you can make the process faster and easier. In this ultimate guide, we’ll discuss the best way to write a business essay so you can get through the process faster and with relatively little trouble.

It might seem obvious, but the first thing you need to do when you write an essay is to read the essay question. You need to be sure you understand each part of the essay question and how the parts of the question work together. You would be surprised how many students only glance at the question and then write a paper that only partially addresses the assignment. You don’t want to lose points because part of your paper isn’t on topic. If you find any parts of the paper that you don’t understand or that require explanation, be sure to contact your instructor for clarification before you start writing.

Read the essay rubric

These days, most essays have a grading rubric included with the question. A grading rubric is like a cheat sheet for writing your essay. When you review the essay rubric, you’ll see exactly how your instructor will grade your paper and what your instructor will be looking for. When you write your paper, you will therefore know exactly what to include and how to write about it in order to maximize your points—and you’ll also see what you can spend less time on because it won’t contribute to your overall grade.

Make friends with your library

Many students automatically turn to search engines like Google in order to research their papers, but this is not the most effective way to find high-quality business sources for your paper. Instead, take advantage of your library’s databases. Your college or university library will likely have dedicated business databases that collect high-quality academic articles on business topics. Using these resources in your paper will make your essay stronger and more effective, and it will put your paper on a solid academic footing.

Compile your sources before you write

Many students use the start-and-stop method to write their papers, composing a sentence or two and then stopping to look up more information in order to keep going. This, however, is an inefficient way to work. A better way is to read through your research sources before you start and copy into a separate file a series of quotations and facts that you might use in your paper, creating in-text citations and reference list entries for each before you start. Doing so will make sure that you don’t have to stop for research and have a ready bank of pre-cited material to work with as you write.

Outline before you write

Outlining is an important skill that will both save you time and improve the quality of your essay. Take time before you write to lay out your paper from beginning to end. Start with your thesis statement and carefully lay out the body paragraphs with a topic sentence, supporting details (including research, quotes, and citations ), and a closing paragraph . Plan your transitions to link paragraphs together. Any amount of outlining can be helpful, but the more effort that you put into outlining at this stage, the easier it will be to write your paper, and the less likely it will be that you get stuck in a tangent that goes nowhere or meander into a point that requires you to change your thesis and revise you whole essay.

Remember to revise and proofread

When you finish the draft of your paper, you aren’t done yet. The first draft is rarely the finished product. You should always set aside time to read your work back and to make revisions to make it clearer. You also need to carefully proofread for mechanical grammar, punctuation, and syntax issues to ensure that your paper is as close to perfect as possible. You don’t want to leave points on the table because your paper had easy to fix minor spelling or grammar errors.

Consider professional writing help

Another great way to get your paper done quickly is to seek out custom professional help from an essay writing service with academic experts. An online writing company such as this can create business papers for college students and deliver them fast. When you utilize professional writing assistance, you can receive a custom-written essay that can serve as a great model to help you understand how a professional would approach your business topic and organize and develop an essay to address your assignment. Using a model such as this can save you time and effort as you work on your own paper, allowing you to focus on the learning process more than the mechanics of academic essay writing.

Join the thousands who have sharpened their business writing skills with our award winning courses.

Copyright © 2024 Businesswritingblog.com.

• Search Search Please fill out this field.

What Is a Business Plan?

Understanding business plans, how to write a business plan, common elements of a business plan, how often should a business plan be updated, the bottom line, business plan: what it is, what's included, and how to write one.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem.

A business plan is a document that details a company's goals and how it intends to achieve them. Business plans can be of benefit to both startups and well-established companies. For startups, a business plan can be essential for winning over potential lenders and investors. Established businesses can find one useful for staying on track and not losing sight of their goals. This article explains what an effective business plan needs to include and how to write one.

Key Takeaways

• A business plan is a document describing a company's business activities and how it plans to achieve its goals.
• Startup companies use business plans to get off the ground and attract outside investors.
• For established companies, a business plan can help keep the executive team focused on and working toward the company's short- and long-term objectives.
• There is no single format that a business plan must follow, but there are certain key elements that most companies will want to include.

Investopedia / Ryan Oakley

Any new business should have a business plan in place prior to beginning operations. In fact, banks and venture capital firms often want to see a business plan before they'll consider making a loan or providing capital to new businesses.

Even if a business isn't looking to raise additional money, a business plan can help it focus on its goals. A 2017 Harvard Business Review article reported that, "Entrepreneurs who write formal plans are 16% more likely to achieve viability than the otherwise identical nonplanning entrepreneurs."

Ideally, a business plan should be reviewed and updated periodically to reflect any goals that have been achieved or that may have changed. An established business that has decided to move in a new direction might create an entirely new business plan for itself.

There are numerous benefits to creating (and sticking to) a well-conceived business plan. These include being able to think through ideas before investing too much money in them and highlighting any potential obstacles to success. A company might also share its business plan with trusted outsiders to get their objective feedback. In addition, a business plan can help keep a company's executive team on the same page about strategic action items and priorities.

Business plans, even among competitors in the same industry, are rarely identical. However, they often have some of the same basic elements, as we describe below.

While it's a good idea to provide as much detail as necessary, it's also important that a business plan be concise enough to hold a reader's attention to the end.

While there are any number of templates that you can use to write a business plan, it's best to try to avoid producing a generic-looking one. Let your plan reflect the unique personality of your business.

Many business plans use some combination of the sections below, with varying levels of detail, depending on the company.

The length of a business plan can vary greatly from business to business. Regardless, it's best to fit the basic information into a 15- to 25-page document. Other crucial elements that take up a lot of space—such as applications for patents—can be referenced in the main document and attached as appendices.

These are some of the most common elements in many business plans:

• Executive summary: This section introduces the company and includes its mission statement along with relevant information about the company's leadership, employees, operations, and locations.
• Products and services: Here, the company should describe the products and services it offers or plans to introduce. That might include details on pricing, product lifespan, and unique benefits to the consumer. Other factors that could go into this section include production and manufacturing processes, any relevant patents the company may have, as well as proprietary technology . Information about research and development (R&D) can also be included here.
• Market analysis: A company needs to have a good handle on the current state of its industry and the existing competition. This section should explain where the company fits in, what types of customers it plans to target, and how easy or difficult it may be to take market share from incumbents.
• Marketing strategy: This section can describe how the company plans to attract and keep customers, including any anticipated advertising and marketing campaigns. It should also describe the distribution channel or channels it will use to get its products or services to consumers.
• Financial plans and projections: Established businesses can include financial statements, balance sheets, and other relevant financial information. New businesses can provide financial targets and estimates for the first few years. Your plan might also include any funding requests you're making.

The best business plans aren't generic ones created from easily accessed templates. A company should aim to entice readers with a plan that demonstrates its uniqueness and potential for success.

2 Types of Business Plans

Business plans can take many forms, but they are sometimes divided into two basic categories: traditional and lean startup. According to the U.S. Small Business Administration (SBA) , the traditional business plan is the more common of the two.

• Traditional business plans : These plans tend to be much longer than lean startup plans and contain considerably more detail. As a result they require more work on the part of the business, but they can also be more persuasive (and reassuring) to potential investors.
• Lean startup business plans : These use an abbreviated structure that highlights key elements. These business plans are short—as short as one page—and provide only the most basic detail. If a company wants to use this kind of plan, it should be prepared to provide more detail if an investor or a lender requests it.

Why Do Business Plans Fail?

A business plan is not a surefire recipe for success. The plan may have been unrealistic in its assumptions and projections to begin with. Markets and the overall economy might change in ways that couldn't have been foreseen. A competitor might introduce a revolutionary new product or service. All of this calls for building some flexibility into your plan, so you can pivot to a new course if needed.

How frequently a business plan needs to be revised will depend on the nature of the business. A well-established business might want to review its plan once a year and make changes if necessary. A new or fast-growing business in a fiercely competitive market might want to revise it more often, such as quarterly.

What Does a Lean Startup Business Plan Include?

The lean startup business plan is an option when a company prefers to give a quick explanation of its business. For example, a brand-new company may feel that it doesn't have a lot of information to provide yet.

Sections can include: a value proposition ; the company's major activities and advantages; resources such as staff, intellectual property, and capital; a list of partnerships; customer segments; and revenue sources.

A business plan can be useful to companies of all kinds. But as a company grows and the world around it changes, so too should its business plan. So don't think of your business plan as carved in granite but as a living document designed to evolve with your business.

Harvard Business Review. " Research: Writing a Business Plan Makes Your Startup More Likely to Succeed ."

U.S. Small Business Administration. " Write Your Business Plan ."

• How to Start a Business: A Comprehensive Guide and Essential Steps 1 of 25
• How to Do Market Research, Types, and Example 2 of 25
• Marketing Strategy: What It Is, How It Works, and How to Create One 3 of 25
• Marketing in Business: Strategies and Types Explained 4 of 25
• What Is a Marketing Plan? Types and How to Write One 5 of 25
• Business Development: Definition, Strategies, Steps & Skills 6 of 25
• Business Plan: What It Is, What's Included, and How to Write One 7 of 25
• Small Business Development Center (SBDC): Meaning, Types, Impact 8 of 25
• How to Write a Business Plan for a Loan 9 of 25
• Business Startup Costs: It’s in the Details 10 of 25
• Startup Capital Definition, Types, and Risks 11 of 25
• Bootstrapping Definition, Strategies, and Pros/Cons 12 of 25
• Crowdfunding: What It Is, How It Works, and Popular Websites 13 of 25
• Starting a Business with No Money: How to Begin 14 of 25
• A Comprehensive Guide to Establishing Business Credit 15 of 25
• Equity Financing: What It Is, How It Works, Pros and Cons 16 of 25
• Best Startup Business Loans for May 2024 17 of 25
• Sole Proprietorship: What It Is, Pros and Cons, and Differences From an LLC 18 of 25
• Partnership: Definition, How It Works, Taxation, and Types 19 of 25
• What Is an LLC? Limited Liability Company Structure and Benefits Defined 20 of 25
• Corporation: What It Is and How To Form One 21 of 25
• Starting a Small Business: Your Complete How-to Guide 22 of 25
• Starting an Online Business: A Step-by-Step Guide 23 of 25
• How to Start Your Own Bookkeeping Business: Essential Tips 24 of 25
• How to Start a Successful Dropshipping Business: A Comprehensive Guide 25 of 25

• Terms of Service
• Editorial Policy
• Privacy Policy
• Your Privacy Choices

Business Essay and the Best Way of Its Writing

• Academic Writing Tips

• Social Science
• Political Science

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the programs. There are many branches in the business field, from business management to finance. College tutors often give students different business papers to test their knowledge as part of the assessment.

A business essay is an academic assignment that involves writing a paper that responds with a strategic and analytical approach to specific situations occurring in the market. Each business essay has a different topic that students tackle. However, the primary purpose of such essays is to collect relevant facts that align with the research question and analyze the data to get solutions.

Writing a business essay might seem simple, but it requires impressive writing skills and extensive research. You must be familiar with the topic to know the paper’s direction. Topic selection is a tricky section that affects the entire writing process. It is essential to identify a relevant topic to assist you in crafting a remarkable paper. You have to write a well-structured and compelling paper to get good grades. Presenting accurate arguments with supporting examples from reliable sources is an essential research aspect. Thus, a business essay must follow the required academic standards and theoretical frameworks.

However, writing is not everyone’s cup of tea, and incorporating logical arguments can be challenging. If you are stuck, you can check any business essay example online to understand the format. You will know how to structure the paper and relate it to the relevant themes.

That is why our writing service is here to help needy students craft exceptional essays. We will connect with a proficient business essay writer to help with the research and writing process. Get flawless documents from us and earn the best score in your class.

Business Essay Format

Most learners often overlook the importance of having a business essay format. It is imperative to use a format to help you outline your work. Proper thought organization and articulation are essential aspects that translate into a well-written business essay.

Below is an example of the format:

• Introduction
• Background information
• Introduce main topics
• Thesis statement
• Topic sentence
• Research explanation
• Restate points
• Significance of the study

The above outline is a map that will guide you to know what to include in each section. In addition, you will understand what the assignment requires you to do from the introduction to the conclusion.

If you still find it challenging to get the proper format, you can study a relevant business essay example from our site and jumpstart your paper. Whether you need a business school essay or a business plan essay, we have you covered.

Write Business Essay In 5 Steps

While writing might seem challenging, with the proper format and topic familiarity, you are on the right track. It is imperative to understand the writing process before composing your business essay. You need to read the prompt carefully to know what you are supposed to research and write about.

Here is an overview of the writing process in 5 simple steps:

• Topic Selection

Choosing a good topic is mandatory in crafting an excellent paper. You must select a theme that aligns with the research question. Additionally, ensure you select a familiar topic you are passionate about to avoid writing mistakes and illogical paragraphs.

• Extensive Research

Conduct extensive research to get facts and supporting evidence. Narrow down your theme and include only good points. Avoid broad topics because you will waste time during research.

• Essay Outline

Make sure you use a proper outline to organize your thoughts and line of arguments. Follow the format essay

Start writing your paper while using the required academic format. Organize your work and include the introduction, main body paragraphs, or conclusion.

• Editing and Proofreading

Finally, edit and proofread your essay to eliminate grammatical and spelling mistakes.

The above steps will help you during business essay writing to craft remarkable papers. It would be best to plan your time adequately to avoid rushing through the process. However, you must select an appropriate topic for your paper. It could be a business management essay or a marketing paper. No matter the subject discipline, ensure you follow the correct procedure.

Business Essay Topics

Our experts have compiled a list of different business essay topics to inspire your writing:

• Discuss the importance of bookkeeping in a business.
• Evaluate the impact of value addition in products.
• An analysis of income and expenditure transactions.
• Analyze the supply-chain industry.
• The effects of product promotion in business growth.
• How to develop an effective marketing strategy.
• Impact of policymaking in enhancing company productivity.
• What is multilevel marketing?
• Impact of technology in the business world.
• Discuss the challenges affecting entrepreneurship.
• Significance of human resource management.
• Explore the importance of budget analysis.
• How does technology impact advertising?
• The importance of a financial strategy.
• How to start an online business.
• How can organizations profit from sustainable practices?
• How to develop a positive organizational culture.
• The importance of employee diversity in an organization.
• Effective ways of fraud prevention in a company.
• Explore the communication channels in an organization.

Let us look at interesting argumentative business essay topics

• Discuss the influence of cultural differences on international companies.
• A comprehensive analysis of cryptocurrencies.
• Discuss the ethical dilemmas in international organizations.
• The influence of globalization on the business community.
• Should large organizations have a social media presence?
• Causes and effects of economic recession.
• Impact of politics on business growth.
• Discuss the effective strategies of negotiating cross-cultural business deals.
• Explore the integrity of online entrepreneurship.
• The impact of corporate social responsibility in an organization.

The field is quite diverse with various course programs. You can derive different topics from these programs to get logical arguments. So, get inspiration from the compelling business school essay examples and craft exceptional papers.

How To Start A Business Essay

Knowing how to start a business essay is essential for academic writing. The first step entails topic selection because it will determine the essay’s direction. Identifying a relevant topic is vital, and you need to ensure you get the suitable theme. It will also help save you time during research and simplify the writing process.

When it comes to essay writing service , business papers are among the assignments that require extensive research and analysis. Read the essay prompt carefully to understand the tutor’s expectations. Then, make sure you conduct a comprehensive brainstorming session to get the major points for your paper. Having the right points will help you compose logical arguments in a flawless manner.

Moreover, it would help to read previous essays and publications from reliable essays widely. You will get essential data to support your arguments. Besides, the sources will help you cite your essay correctly.

Start your essay with an insightful introduction and include your perspective regarding the topic. Incorporate a powerful thesis statement that informs your readers of the paper’s direction and the major points you will discuss.

Proceed to write the body paragraphs with a topic sentence that captures all significant arguments. Each paragraph should have well-explained arguments that flow logically.

Finally, conclude your business essay by restating your main points and the significance of the study.

Still, need help with your paper? Worry no more. Our competent business essay writers are on standby, ready to assist you with any academic paper. Stop wasting time and reach out to us. We will help you score top-of-the-class grades within no time.

The paper “Enterprises Resource Planning Success and Failure” is an outstanding example of a business essay. An Enterprise resource planning (ERP) system according to Aslan et al. (2012, p.693) is a management system within an organization that has sets of connected inclusive software, which may be used when espoused and put into practice effectively, to oversee and connect every organizational function. Basically, ERP systems may be employed as a tool for helping to improve the supply chain network as well as the level of performance by helping in decreasing cycle times.

Besides that, ERP systems have been utilized routinely in capital-intensive industries like building, construction, manufacturing, as well as defence. Latterly, ERP systems have advanced further and nowadays they are prevalent in industries such as education, health care, finance, hospitality, and telecommunications. Fundamentally, the benefits of ERP systems are hard to realise not unless a strong disposition, as well as participation, is established within the organisation; so, the article seeks to critically analyse ERP success and failure experienced by organisations.

BodyAs mentioned by Hellens et al. (2005, p.283), ERP systems are built upon a single database and application, as well as a coordinate that is unified in the whole organization. For that reason, every application serving different departments such as HR, accounting, and supply chain are integrated firmly under a single ERP system. Al-as observed by Al-Masha et al. (2003, p.354), ERP systems are useful when successfully implemented because they accelerate the process of decision-making. So, the success of ERP systems depends on the ability of an organisation’s managers to efficiently oversee the operation of a business, given that ERP systems can help them reduces operation costs.

Success drivers of ERP systems can be categorised into two: operational and technological drivers. In this case, operational drivers are associated with ways of improving organisational performance, supporting business strategies, as well as cutting production costs. On the other hand, technological drivers are predominantly associated with compliance with existing rules and regulations. The notion of success varies as the process of implementation continues, in that for planning and implementation (the first two stages of the cycle) success is mainly rooted in completing the ERP project to the standards that are acceptable within the budget as well as a time limit.

As pointed out by Hanafizadeh et al. (2010), stabilization as well as Improvement (the last two stages of the cycle) success is founded on the seeming impact of the ERP system on the performance of the organization. As indicated in Hanafizadeh et al. (2010) study, there are scores of factors vital for the success of ERP systems; support is top management one of the factors, and it involves encouraging commitment, positivity, and support of top management in the ERP project. Another factor is the utilization of knowledge as well as experience of system and technology consultants.

Additionally, the balanced project team is crucial for the success of ERP systems because it includes the integration of employees and information technology with the broad knowledge of the processes in the organization. As evidenced in Hellens et al. (2005) study, the accuracy of the information is crucial to the success of ERP project, so, data loaded from accessible legacy systems must at all times be of high quality. ERP project cannot succeed if the project management teams do not have a well-defined, detailed project plan related to the goals of the project.

Change management is also a success factor in the implementation of ERP project; so, careful attention has to be offered to this, considering that several changes in business processes are experienced during ERP systems implementation. Training and education are also important given that technical expertise regarding the ERP system, its reference model, and facts regarding its working are useful in the process of implementation. Other factors crucial for success consists of, availability of experts who aside from being in top management will frequently help the organization realize ERP system benefits.

Failure of ERP projects has been prevalent, and this has continued to bite worldwide across all business platforms. As pointed out in Xue et al. (2005, p.279) study, ERP poise substantial benefits like improving customer service, reducing manufacturing costs and boosts productivity, but these benefits are only realised after successfully implementing the ERP systems. Nevertheless, statistics show that implementation of ERP systems is still a failure amongst scores of companies. Statistically, 90 per cent of ERP systems implementations in Asia countries, especially China are either completed late or use more money and resources than those stipulated in budget.

In Xue et al. (2005) study, where they differentiated implementation success of ERP system in China as well as western countries, they noted that China had a higher percentage of failure which was attributed mainly to lack of support from top management as well as data inaccuracy. Other factors that led to ERP failure include poor participation, education and training, insignificant time ensuing from a minimal understanding of cross-operational organisational processes (Dechow & Mouritsen, 2005, p.691). Furthermore, ERP systems are exceedingly expensive, and also the need for the organisation to hire consultants to assist in the configuration as well as implementation, results in further escalation of price; thus, creating a high possibility of failure.

The cost used on consultants is almost thrice the cost of an ERP system; this negatively affects the productivity of the company and can lead also to the failure of the ERP system. ConclusionIn conclusion, it has been argued that ERP systems are beneficial because they improve the flow of information between every function of the company and also manages the connections to external stakeholders. Currently, the key basis of competitive advantage is the capability of a business to improve the processes of the supply chain.

This necessity has created the need for more advanced information systems like ERP systems. The articles have heightened numerous factors critical to the success of ERP, and which have allowed companies to efficiently plan their resources resulting in business efficient functionality and increased productivity. Failures as discussed in the article are caused by lack of support from top management, data inaccuracy, and lack of sufficient education and training.

The paper “New iPhones Show a Hit For Apple as Quarterly Profit Fluctuate 13 Percent” is an outstanding example of a business literature review. Yao (2014) explains that China is expected to provide information about its weakest growth since the occurrence of the global financial crisis within the third quarter while the property downturn is assessed based on manufacturing and investment. As a result, more pressure has been put on Beijing to unveil new stimulus measures. According to Yao (2014), the market assumes that the Communist Party leader will be able to adjust to the gradual slowdown. This will happen only in circumstances where there are no possibilities of experiencing a potentially destabilizing fluctuation in unemployment. However, anything weaker would lead to more speculations of key stimulus measures, for instance, an interest rate cut. Although the leadership has consistently provided steady aid specifically to vulnerable sectors of the economy, it has been noted that several stimuli have been ignored because China is still struggling to pay a huge local government debt (Yao 2014).

Article 2: New iPhones show a hit for Apple as quarterly profit fluctuate 13 percent

Due to strong demand for APPLE’s new larger-screen iPhones released in September, its quarterly profit increased by 13 percent. This also enabled APPLE to overcome the sluggish iPad sales (Jones 2014). Despite the more intensifying competition felt by Samsung Electronics as APPLE’s leading Smartphone competitor, Jones (2014) points out that the iPhone is attracting more consumers who are also ready to pay high prices particularly for cutting-edge handsets. Through its latest phones, Apple is profitably catching with its major competitors, such as, Samsung that have from time to time managed to post attractive sales of larger phones. It has also been noted that the marketing strength that iPhone has gained stands in contrast to sluggish iPad sales and the issues affecting Samsung’s Smartphone business (Jones 2014).

Article 3: Coal not the solution for poverty

Couchi (2014) examines that cheap coal-fueled electricity is highly considered by miners and politicians as the best alternative way out of poverty, particularly for developing nations. However, Africa has not considered this. In the business report provided by Couchi (2014) about the U.S financial group Citi, it can be noted that the booming market for African electricity has been a result of the coal approach. In the attempt to reinforce coals bearish outlook, Couchi (2014) reports that Citi discovered that a new International Energy Agency (IEA) outlook on the commodity is in contrast with the idea of BHP, the US coal producer Peabody as well as the Minerals Council of Australia which maintains that coal would play an integral role in minimizing energy poverty, particularly for developing countries. Despite its metallurgical and thermal forms, coal is considered the second-biggest mineral exported from Australia after iron ore (Couchi 2014).

Article 4: Ebola could be in the headlines, but tobacco is yet another killer in Africa

Research conducted by The Guardian (2014) shows that although Ebola dominates the headlines, there is yet another killer pandemic of great importance that continues to kill many people in the African continent unnoticeably. It is has been noted that tobacco kills at least one between two long term smokers. Currently, it is anticipated to kill 1 billion people globally before 2100. This is relatively more compared to the current number of people who die of Ebola. The Guardian (2014) terms this global issue as injustice and inequality because Transnational Tobacco Companies (TTCs), such as UK-based British American Tobacco (BAT) earn humungous profits yet they cause economic damage worthy over half a trillion dollars each year. Besides, TTCs contribute more to environmental degradation and thus create risks that compromise the health as well as the sustainability of populations. To earn more profits, TTCs are currently shifting and expanding their business to untapped markets in regions with unrestricted opportunities for growth (The Guardian 2014).

Article 5: NAB, ANZ lead pack in building home-lending share

The home loan is still considered the major driving force in recovering credit growth for banks. In this case, National Australian Bank (NAB) and ANZ are on the frontline to encourage the big banks in taking the advantage of the mortgage market, while home and business lending are sustainably becoming strong. Therefore, NAB and ANZ have put on media their fastest growth out of the big in all the past three months (Yeates 2014). Despite the faster growth and expansion made by NAB compared to their rivals in home lending, Yeates (2014) notes that analysts see business lending as a bigger concern because the bank has lost shares and faced more pressure, particularly on its margins. Generally, the home loan market is considered a major driving force that enables banks to recover from credit growth regardless of the risks associated with life specifically in business lending (Yeates 2014).

The paper “Globalization and Culture” is an outstanding example of a business essay. Today, it is common to hear people refer to the world as ‘a global village’. This has been a result of the process of globalization. This process has opened up and improved trade across regional and national borders. Not only has globalization enhanced economic interactions across nations but also improved access to information and uplifted the fight for human rights, among other benefits. Recent technological and communication developments along with improved road networks have been the key drivers of globalization. However, critics of globalization say that these benefits have been realized at a very high price: that of surrendering regional and national cultural values, mainly, for Western morals (Kwame, 2007).

Regarding this debate, two key schools of thought emerge. From one angle critics argue that globalization spreads out any and every culture all over the realm, leading to cultural heterogeneity and deeper understanding between diverse groups. This is mainly defined through the global production and distribution of commodities such that people in different parts of the world have access to commodities they would otherwise have never seen. A case in point is the cultural interaction between the United States and Japan. Teens in the U.S interact with the Japanese culture through their comic books, animations and video games, while teens in Japan interact with the American culture through watching TV shows and Hollywood movies produced in the U.S (Kwame, 2007).

On the flip side, critics argue that globalization erodes the regional and national cultural identity through cultural homogeneity. This leads to a cohesive global culture constituting diluted varieties of regional and national cultural nuances. For instance, French pastries, ‘American’ fried chicken, and Japanese sushi can be eaten in almost any part of the world. Restraint chains such as MacDonald’s and Starbucks have influenced traditions and behaviors in different countries. Even though champions of globalization claim that this merely affects consumer goods and media broadcasting, critics contend that it deteriorates customary culture ((Kwame, 2007; Czinkota, 2003).

Culture is a prevalent aspect in business whether it is in marketing, production, or human resource management. It is a key variable in the function of success in new markets (Czinkota, 2003). People’s purchasing decisions are based on a product’s design, style or color that supports their religious beliefs and practices. Empirical evidence shows that the success or failure of a company, especially, in a foreign market is reliant upon the effective managerial exercise of local religious beliefs and practices. Therefore, managers ought to be on familiar terms with their market’s religious differences given that religion influences people’s attitudes. For instance, Asians have a different attitude toward authority and women that differs from Western beliefs and practices. Whereas many parts of the world, including Asia, South America, and Africa, value collectivism very much, Americans are more individualistic. Chinese, Latin Americans and Koreans take time casually even as Americans are more proactive.

Failing to appreciate the religious beliefs and practices of the market will often lead to lots of inadvertent mistakes, such as being socially violent, cultural mix-ups, tarnished interpersonal relations, poor negotiations. As a consequence, the company’s future performance dwindles as profits decline. Lack of religious competence, or religious dogmatism, can easily put at risk millions of dollars through fruitless negotiations, lost purchases or sales, and pitiable customer relationships (Czinkota, 2003).

Cultural Literacy

Culture is a broad system that includes traditions, beliefs, attitudes, values, institutions and social interactions. This system reflects the global crunch facing the human race, and so it is a cultural catastrophe (UNESCO 1997). Dealing with such a cultural diversity calls for an important skill referred to as cultural competence. Chrisman (2007) defines cultural competence as ‘attitudes, practice skills, and system savvy for cross-cultural conditions’. The key force in work involving cultural competence is the people’s flexibility and ability to appropriately consider and treat the general public politely and in a proper way fitting their culture. Cultural literacy takes account of cultural competence plus the capacity to analytically mirror, and if needed institute change in, one’s a specific culture. Cultural literacy also comprises the capacity to examine the actions of central cultures measured against other cultures. This becomes very much useful in business. A case in point is the understanding of the effect of globalization or cross-cultural businesses on indigenous cultures all over the world.

Cultural literacy has been likened to an iceberg, through the iceberg model of culture. This is due to the expanse contextual material one requires to understand the culture. Cultural literacy often involves much more than the information essentially spoken. In other words, to understand the meaning of a cultural term, one has got to have much information that is not revealed by the bare meaning of that term. The clear cultural meaning of the term is like the ‘tip of an iceberg’ meaning that the deeper understanding lies below the casual meaning of the term and it constitutes a person’s own applicable information. It is known that 15 per cent or less of an iceberg can be seen above the water surface, 85 per cent or more of the iceberg is submerged below the water surface. This means that there is quite a different picture depicted shallowly from that which is the actual translation in the literature, giving the imprint that implied information comprises relatively tiny bits and pieces of information, left out by the correspondent due to dismissal or suitability (Hawkes, 2001).

Figure 1: Iceberg Model of Culture

It has been stated earlier that culture is a broad system that among other aspects involves religion. The world is very diverse in terms of culture as well as religion. Each culture embodies a creation in itself and yet it is not closed. Cultures give religious convictions semantics, and religions provide decisive connotation to each culture. Religion is a way of life for numerous cultures saturating every one human action. In other cultures, it characterizes the utmost ambitions of human life, and for others, religion is an institution that claims to convey a meaning of deliverance (Hawkes, 2001).

The paper “The Different Communications ” is an outstanding example of a management assignment. Phone: 23 rd August: the communication was made to remind that the bill for the mobile phone is outstanding and if not paid within the date will have a fine imposed on it. The communication was successful as it helped to fulfill my need and acted as a reminder. Further, the call also ensured that it was complete and all the details like outstanding amount, due date, late fine, and other details were provided. The call was complete and highlighted the important aspect which if ignored could have an impact on my usage.

Radio: 24 th August: The communication was made regarding the areas which are having huge traffic and showed the roads which should be avoided. The communication was successful as it helped to fulfill my requirements by highlighting the different roads which need to be avoided and which need to be used. The communication was further clear and loud regarding the different roads and path which should be avoided. This method acted as one where proper guidance was provided and acting in the correct way was highlighted so those correct decisions can be taken.

Communications that were unsuccessful

Television: 24 th August: The communication was made regarding the sale of women’s garments. The communication was ineffective because in the first instance it didn’t meet my needs and requirements as I was not looking to shop. Secondly, the message was not constructed properly as it didn’t speak about the brands which were available on sale, the different garments which were available, and also didn’t highlight the date when the sale would end.

Phone: 25 th August: The communication was made regarding the mobile bill payment which has already been made. The call was ineffective because it was not required as the payment has been made and I had the required receipt. The call was instead a wastage of time. In addition to it, the call was not constructed properly and required to focus on areas through which a message would have been enough as a source of communication to ensure that the payment was correctly entered.

Reasons for communication not to be successful

The communication process can be improved in the following ways

Firstly, ensuring that the communication which is made is required and is addressed properly so that the person who receives the communication gains from it (Nicholas, 2013)

Secondly, providing complete information is essential as it will serve as a benchmark to evaluate the manner in which different information is passed (Anne & Bochner, 2007). It will also help to understand the important matter which has been spoken and will help to highlight the manner in which changes can make so that proper communication and message is passed

Thirdly, the targeted audience was wrong and it is important to correct the audience (Mehrabian and Susan, 2007). This will help to improve the validity and reliability of the communication and will ensure that the process of communication becomes effective and is directed towards the correct person

Fourthly, the process of communication needs to be improved and changed so that the message is correctly interpreted and passed with the same intention (Imahori & Lanigan, 2012). This will help the listeners to evaluate the message in the correct form and will help to ensure maximum response.

Fifthly, the media which are used needs to be chosen wisely as the usage of a message instead of a phone call for bill paid confirmation would have been more helpful and could have caught the attention of the audience in a better way. This would have multiplied the effectiveness of communication and would have helped to understand the important points and issues.

The process of communication thereby requires working on the smaller and important aspect so that the overall process of communication improves and helps to provide the required dimensions through which effectiveness can be gained in the manner messages are passed.

The paper “Why Did Telefonica Initially Focus on Latin America” is a perfect example of a business assignment. Based on Telefonica’s objectives of rapidly increasing shareholder value, profits and achieving growth, it had to take advantage of location economies. Hence, the company initially focused on Latin America, as it must have perceived FDI to be a means for circumnavigating trade barriers. Indeed, the reasons why Telefonica initially focused on Latin America are perceivable through the lens of the Uppsala Model Theory.

According to the theory, the internalisation of a company across many foreign markets is correlated to psychic distance, where the first entry is to foreign markets that are familiar and closer in regards to the psychic distance of the host country, before making subsequent entries in foreign markets with greater psychic distance. Psychic distance comprises the differences in culture, language and political systems (Falvo & Parshad 2005).

Within the perspective of Uppsala Model Theory, it should be argued that companies tend to gradually increase their activities in international markets through a series of incremental stages, where the succeeding steps are anchored in learning and adapting to foreign markets (Pandian & Sim 2002).

This implies that the firms fast gain experience from the markets, where they have closer cultural ties before expanding to foreign markets. For instance, Telefonica had to first gain experience as a telecoms operator in Latin America, since the region has deep cultural ties with Spain, where it is headquartered.

Strategic competitive advantages

The company’s decision to slowly expand to Europe appeared opportunistic as well as strategic. Europe had initially possessed trade barriers that lowered the chances of successful entries. Essentially, there is a correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers, in terms of competition are bypassed in preference to those that are less competitive (Enu & Attah-Obeng 2010). This argument is based on Dunning’s Eclectic Theory, which hypothesises that a company will always seek to leverage their specific advantages, including marketing, knowledge, skilled personnel, technology and information (Dunning 2001).

In this case, the Latin American markets were growing rapidly. They also experienced an increased high adoption rate and usage of mobile phones and internet connections. Additionally, after the Spanish government privatised Telefonica and deregulated the Spanish telecommunications market, the company’s core objective became increasing shareholder value, profits and achieving growth.

This implies that profit maximisation is a major drive to foreign direct development; through the use of particular advantages the company has (Glesem et al. 1990). It, therefore, had to select a region that would enable it to achieve higher profits. The company selected Latin America over Europe. Latin America had few entry barriers, such as competition and government regulations, while Europe had greater barriers due to more competitors. This implies that imperfect competition within the marketplace is a key incentive for expanding abroad. Besides, European mobile telecommunications operators had agreed they would not invade each other’s markets. However, after the entry of America Movil into Latin America, Telefonica faced a stronger competitor, forcing it to expand to Europe.

Commenting on other student’s post:

Why did Telefonica initially focus on Latin America?  Why was it slower to expand in Europe, even though Spain is a member of the European Union?

While the student hinted at the growth of multinational enterprises, a brief outline detailing why the company expanded and reasons for expansion could have provided a more relevant backdrop. Additionally, the reference to the Socialist Party by Popular Part in the general election of 1996 was irrelevant and out of context. The student’s decision to link the factors for the European Union to the opening of the telecommunications sector was misplaced. Rather, the student should have selected reasons why Telefonica selected to begin operating in Latin America before making headway to Europe. However, reference to high competition in the sector in Europe was justified.

Accordingly, the student should have explored the close cultural ties between Spain and Latin America, as the major drivers that triggered Telefonica to first launch in the region before expanding to Europe. In supporting the argument, a reference to a relevant theory, such as the Uppsala Model Theory could have pointed to the reasons why internationalisation of a company across many foreign markets is correlated to psychic distance (Uhasselt. be 2005). This includes why the initial entry is mostly made in foreign markets that are familiar and closer in regards to the psychic distance of the host country. Afterward, an explanation of what this meant to Telefonica based on the theory could have been appropriate (Gustafsson & Zasada 2011). For instance, the student should have stated that firms get to fast gain experience from the markets where they have closer cultural ties before expanding to foreign markets.

The student should have based his arguments on Dunning’s Eclectic Theory, which proposes that firms tend to use their peculiar advantages such as marketing, knowledge, skilled personnel, technology and information (Rugman 2010). Further, he should have stated that companies view FDI as a means to circumnavigate trade barriers before going forth to describe the correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers in terms of competition are bypassed in preference to those that are less competitive.

While the student was also justified in arguing that the company sought to maximise profitability and to increase shareholder value, no basis was provided to support the argument, based on the case study. At this stage, the student should have suggested a theory to support his argument (Morgan & Katsikeas 1999). Later, the student should have provided examples from the case study to defend the choice of the theory he selected. However, the student provided examples outside the case study, such as “Telefonica has been able to establish footprints in 24 countries and having an average of 120,000 professionals with consolidated revenues of 24,957 million euros in January-June 2014 and more than 315.7 million customers at June 2014”

Additionally, the reasons the student outlined as the likely motivators for Telefonica to launch first in Latin America before making entries in Europe cannot be justified, as they have not been argued appropriately. For instance, in suggesting political developments, taking policy advantage and the fact that the markets shared a common language, the student should have discussed the concept of psychic distance and the related theory, such as the Uppsala Model Theory.

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the…  Read More

How to write an anthropology essay perfectly?

Stuck with an anthropology essay with no help in sight? Anthropology essay writing is not a simple task. Not many college students can handle such a paper. An anthropology essay…  Read More

• Essay Tips&Tricks

All About Persuasive Essay Writing

Writing a persuasive essay requires expressing your viewpoint and convincing readers of its rightfulness. Many struggle with completing this type of written assignment because of a lack of proper writing…  Read More

• Essay Writing Guides

Table of contents

We use cookies to enhance our website for you. Proceed if you agree to this policy or learn more about it.

• Essay Database >
• Essay Examples >
• Essays Topics >
• Essay on Management

Essay On Business Plan

Type of paper: Essay

Topic: Management , Business , Finance , Investment , Stock Market , Marketing , Money , Market

Words: 1300

Published: 11/22/2019

ORDER PAPER LIKE THIS

The paper undertakes to explore a business plan. It begins with the explanation of the major elements of the business plan. Besides, it explores how a business plan can be matched to start-ups, expansions, relocations and franchising businesses. It further analyses the financial aspects of going full-time; specifically touching on what bankers, lenders, and or investors demand in business plan before commit to financing any business venture. For the paper, a business plan has been used to mean any written document that represents a business unit overview, also known as the executive summary of the business plan; the business profile- describing the targeted market and anticipated customers in case of a new venture; growth trends and the pricing power. Also, it has been shown as to be encompassing the type of business organization with the managers’ profiles to define the stakeholders of the business. Exploration of the financial planning, how the business will be financed and the marketing plan is undertaken. Financial planning involves the analysis of the cash flow statements, major financers, analysis of costs and the internal control measures of a business unit’s cash. The marketing plan has been used to represent the marketing tactics to be employed including advertising and promotional strategies. The paper concludes by looking at the various aspects that must be looked into before presenting a business plan to investors or bankers. The major components of a business plan are the business profile; the vision, mission and objective statements of the business; managers’ profiles; the business organization; insurance; location and leasing; accounting and cash flow statements; the marketing plan as well as the major financers of the business.

Is the first page and is persuasive summary that lures a reader to take the plan seriously and read on. The summary should include; a brief description of the business’ history, objectives, a brief description of the businesses’ products or services. Besides, the market the business competes in and a convincing statement as to why success is guaranteed is included.

The Business Profile

The business profile briefly describes the business; its name, vision, its mission and the core objectives. Besides, it entails stating the type of the product or service business is willing to offer to the market. It clarifies on the targeted market and the anticipated customers. It also explains the business growth trends, i.e. the rate at which the business grows in case it’s already an established business and the business competitive edge. Lastly, it spells out a well defined pricing power of the business. This simply implies what limits the price charged on the service offered. Under the business profile, the location, business ownership and type with the product or service offered is stated. It also entails a thorough analysis of the industry where the business is established.

The Product and Service Offered

This element basically describes the exact product or service to be supplied to the market. It also presents who the targeted customers of the business are.

The Production Plan

This component describes the main production work, for instance, whether the business will be involved with the development or repair of software in case it is a computer firm. The procedure of executing the production work should be well stated.

The Management Plan

This begins with stating the management team, whether it is a partnership or a private limited company. The level of control by each member when transacting business affairs must be spelled out. Also, state the liability of each member. Members’ authorities and responsibilities are as well stated under the management plan, with who is the HRM or managing director. Besides, the educational qualifications and relevant experiences of each member of the management team need to be stated here. This is followed with the business organizational structure with the responsibilities and duties charged to each member of the management team. Also, salary projections for the first years in operation and promotional strategies are stated under the management plan (Peter Schwartz, 1996)

The Marketing Plan

This part entails the analysis of who the business anticipates to satisfy their needs, the competition level and competitive strategies undertaken in the market and the marketing strategies to be employed. Analyze the target market, distribution mechanisms, the price, promotional strategies, and the market segmentation technique to be used (Peter Schwartz, 1996)

The Financial Plan

It begins by clearly stating the anticipated start up expenditure and the proposed capital for the establishment and operation of the business. The source of the capital must be shown as well as the desired financing level, the cash flow projections for the first years in operation and the proforma income statements for a given number of consecutive years. Also, this component should show the projected balance sheet for the next consecutive financial periods and the consecutive breakeven points of the business (Eric Press, 1999)

Why a Business Plan is needed

A business plan is needed for the following reasons: First, it is used as a tool to secure funding from the financial institutions like banks. A well written business plan attracts the financing institutions to finance the business. Having a business plan puts a business in a better position to get money needed to keep the business running or to purchase new assets. Moreover, a business plan preparation is essential since it attracts investors. Venture capitalist or angel investors only have a willing of investing if the business plan represents a unique interest. They therefore study the plan before committing to invest. (Business Plan Resources) As stated in the article, “Writing a Business Plan – Do I Need to Write a Business Plan?” it is as well needed to measure the viability of the business idea. It shows whether the idea is worth investing in after thorough analysis of the market and the level of competition in the market. Lastly, it’s important in the sense that it gives newly established businesses higher chances of succeeding. It helps business owners are attentive to the operational and financial objectives, budgeting and even marketing planning thus guaranteeing higher chances of success.

What Bankers, Lenders, or Investors want in a Business Plan

Lenders, bankers or investors quite often look for the feasibility of the idea presented and weigh whether it is worth to invest in. for start-up businesses, the investor will look for how the business idea is viable and whether there is an anticipated return on the investment. They will also scrutinize the competitive advantage the business as compared to the market competition. For already established businesses that need money for expansion, lenders or investors are likely to look at the profitability of the business as depicted in the cash flow statements, financial income statements and the liquidity ratios. An investor also determines the rate of return on capital invested for surety of success (Peter Schwartz 1996)

Recommendation

Therefore, for investors to show interest in a business, a business plan presented must clearly specify the financial plan showing; sources of finance, capital base, desired finance level, cash flow statement, income statement, and the balance sheet. The plan must also show the viability of the business with clear analysis of the market, key competitors and the competitive edge the business have.

Business Plan Resources. Retrieved at http://sbinfocanada.about.com/cs/businessplans/index.htm Business Plan. Retrieved at http://sbinfocanada.about.com/library/glossary/bldef-bizplan.htm “Writing a Business Plan – Do I Need to Write a Business Plan?” Retrieved at http://sbinfocanada.about.com/od/startup/f/needbizplan.htm Jerry J. (1999). Anatomy of a Business Plan. Dearborn Trade Eric Press. (1999). Analyzing Financial Statements. Lebhar-Friedman Peter Schwartz. (1996). The Art of the Long View. Currency-Doubleday

Cite this page

Share with friends using:

Removal Request

Finished papers: 872

This paper is created by writer with

If you want your paper to be:

Well-researched, fact-checked, and accurate

Original, fresh, based on current data

Eloquently written and immaculately formatted

275 words = 1 page double-spaced

Get your papers done by pros!

Other Pages

Custody argumentative essays, vincent van gogh creative writings, socrates creative writings, ecology creative writings, virtualization creative writings, zara creative writings, fbi creative writings, altruism creative writings, donation creative writings, taoism creative writings, stars creative writings, gravity creative writings, long term financial planning course work, how a bill becomes a law research paper sample, free course work about boiler induced draft fan, free essay about ulysses and the nightmare of history, max yi a b yi yj yi ciyi essay samples, sample research paper on mothers should be convicted of a crime when they give birth to a drug addicted baby, free essay about border security, sample essay on observational paper, good research paper about dna fingerprinting, sample literature review on power as individual construct and power as an organizational construct, why should banks become nationalized argumentative essays example, example of labor relations law research paper, what is the purpose of a post incident analysis essays example, bp in the last five years essay examples, free research paper about hr activities, queen hatshepsuts temple term paper samples, example of essay on child labor in cocoa farms, water filtration research paper example, example of essay on gun control 2, good example of research paper on human resource management, underrepresentation essays, media coverage essays, insurance system essays, foreign currency essays, immanuel essays, the baby boomers essays, obedient essays, polite essays, organic matter essays, soil fertility essays, the 13th warrior essays.

Password recovery email has been sent to [email protected]

Use your new password to log in

You are not register!

By clicking Register, you agree to our Terms of Service and that you have read our Privacy Policy .

Now you can download documents directly to your device!

Check your email! An email with your password has already been sent to you! Now you can download documents directly to your device.

or Use the QR code to Save this Paper to Your Phone

The sample is NOT original!

Short on a deadline?

Don't waste time. Get help with 11% off using code - GETWOWED

No, thanks! I'm fine with missing my deadline

We use essential cookies to make Venngage work. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Manage Cookies

Cookies and similar technologies collect certain information about how you’re using our website. Some of them are essential, and without them you wouldn’t be able to use Venngage. But others are optional, and you get to choose whether we use them or not.

Strictly Necessary Cookies

These cookies are always on, as they’re essential for making Venngage work, and making it safe. Without these cookies, services you’ve asked for can’t be provided.

Show cookie providers

• Google Login

Functionality Cookies

These cookies help us provide enhanced functionality and personalisation, and remember your settings. They may be set by us or by third party providers.

Performance Cookies

These cookies help us analyze how many people are using Venngage, where they come from and how they're using it. If you opt out of these cookies, we can’t get feedback to make Venngage better for you and all our users.

• Google Analytics

Targeting Cookies

These cookies are set by our advertising partners to track your activity and show you relevant Venngage ads on other sites as you browse the internet.

• Google Tag Manager
• Infographics
• Daily Infographics
• Popular Templates
• Accessibility
• Graphic Design
• Graphs and Charts
• Data Visualization
• Human Resources
• Beginner Guides

Blog Business How to Write Business Proposal (Examples + Free Templates)

How to Write Business Proposal (Examples + Free Templates)

Written by: Aditya Sheth Jan 25, 2024

The great Mark Cuban once said, “Sales cure all.” If a business doesn’t sell, it doesn’t make money and by extension the business fails. That’s why you need to write business proposals .

A well-written business proposal can often mean the difference between winning or losing a prospective client.

In this in-depth guide to creating business proposals, we show you how to close more deals, make more sales and crush your business goals — all by using easy-to-edit professional business proposal templates .

Here’s what this guide will cover (click to jump ahead):

What is a business proposal, what are the components of a business proposal.

• How to write a business proposal step by step

What should you include in a business proposal?

What are the types of business proposals, more business proposal examples + writing and design tips.

• FAQs about business proposals

Looking for a shortcut? Watch this quick video for an overview of everything to include in your business proposal:

A business proposal is a document designed to outline a business plan to convince potential client, investor or partner to engage in a business agreement with you or your company. It’s basically a sales pitch in writing to persuade potential clients to show them benefits of working with you or your company for their business success.

A business proposal outlines what your business does and what you can do for your client . It can be general like this business proposal example:

Or it can be more specific, like this business proposal template which focuses on proposing a project for the Newton Center Rail:

Or this business proposal sample, which presents a plan for a social media strategy and campaign:

To design a business proposal that holds the client’s attention, identify their pain points . Then provide your buyer with the right solution to alleviate those frustrations.

Working on a new project? These project proposal examples might come in handy for you.

The components of a business proposal can change depending on the field, company size and client needs. While details may differ, strong proposals typically introduce your company, explain the problem, offer a solution and its benefits, highlight your team’s skills, and outline timeline, cost and next steps.

How to write a business proposal step by step

Before you start creating your business proposal template, you need to understand the business proposal format. At a high level, your effective business proposal should include the following:

• Create a compelling business proposal title
• Build a table of contents
• Craft the executive summary
• Write a detailed problem statement
• Propose your solutions
• Showcase your team’s expertise
• Create a realistic timeline
• Present your payment structure
• Specify the terms and conditions
• Receiving the decision

Below, you can see business proposal examples that demonstrate how to include these 10 sections.

1. Create a compelling business proposal title

A compelling title could mean the difference between someone reading your proposal or ignoring it in favor of a competitor’s . 

What makes a good title page? Here are the essential elements to include: 

• Your name along with your company’s name
• The name of the prospect (or their business) 
• The date you’re submitting the proposal

The gray business consulting proposal template above contains all the details a prospect would want to know. The title also offers a strong tangible benefit to the prospective buyer. Honestly, “Who doesn’t want to grow their business?”

2. Build a table of contents

The table of contents is a fundamental part of every winning business proposal template. It makes your proposal scannable and easy to read.

The people you will be pitching to are usually C-level executives. These are busy people who don’t have time to read your entire proposal in one go.

That’s why most of the business proposal examples in this list include a table of contents.

Adding a table of contents to your document makes it easy for them to go through it at their own pace. They can also skim through parts of the proposal that they deem more important. You can see how this abstract business proposal template uses the table of contents:

You can also make your business proposal template easier to navigate by adding hyperlinks to the document, particularly in the table of contents. This way your clients can jump to specific sections without having to scroll through the entire document. Ensuring your business plan format follows a clear structure can greatly enhance readability and comprehension for potential investors or partners.

It’s easy to add hyperlinks in the Venngage editor. Select the text you’d like to turn into a link, then click the link icon in the top bar. From there, select the page you want to link to! Then download your completed design as an Interactive PDF .

3. Craft the executive summary

The executive summary is a staple in all kinds of annual reports , leadership development plan , project plans and even marketing plans . It is a concise summary of the entire contents of your document. In other words, write a business proposal outline that is easy to glance over and that highlights your value proposition.

The goals of your executive summary are:

• Introduce your company to your buyer
• Provide an overview of your company goals
• Showcase your company’s milestones, overall vision and future plans
• Include any other relevant details

This gray business proposal example has a detailed yet short executive summary including some social proof in the form of clients they’ve worked with:

Take note of how precise this business proposal example is. You want to keep your executive summary concise and clear from the get-go. This sets the right tone for the rest of your proposal. It also gives your buyer a reason to continue reading your proposal.

Crafting an executive summary and keeping it concise and compelling can be challenging. but you can use an AI summarizer online to generate an executive summary. Such tools are trained on relevant AI models that can extract core points from a given text. You can get such a point either in bullet form or in abstract summary form.

Pro Tip: Try to write an executive summary such that, even if your prospective client doesn’t read the entire proposal (with a good executive summary, they most likely will), they should have a clear idea about what your company does and how you can help them.

4. Write a detailed problem statement

The point of writing a business proposal is to solve a buyer’s problem. Your goal is to outline the problem statement as clearly as possible. This develops a sense of urgency in your prospect. They will want to find a solution to the problem. And you have that solution.

 A well-defined problem statement does two things: 

• It shows the prospect you have done your homework instead of sending a generic pitch
• It creates an opportunity for you to point out a problem your prospect might not be aware they had in the first place. 

This bold business proposal template above clearly outlines the problem at hand and also offers a ray of hope i.e. how you can solve your prospect’s problem. This brings me to… 

5. P ropose your solutions

The good stuff. In the proposed solution section, you show how you can alleviate your prospective buyer’s pain points. This can fit onto the problem statement section but if you have a comprehensive solution or prefer to elaborate on the details, a separate section is a good idea.

Spare no details regarding the solution you will provide. When you write a business proposal, explain how you plan to deliver the solution. Include an estimated timeline of when they can expect your solution and other relevant details.

For inspiration, look at how this business proposal template quickly and succinctly outlines the project plan, deliverables and metrics :

6. Showcase your team’s expertise

At this point, the prospect you’re pitching your solution to likes what they’re reading. But they may not trust you to deliver on your promises. Why is this?

It’s because they don’t know you. Your job is to convince them that you can fix their problem. This section is important because it acts as social proof. You can highlight what your company does best and how qualified your team is when you write a business proposal for a potential client.

This free business proposal template showcases the company’s accolades, client testimonials, relevant case studies, and industry awards. You can also include other forms of social proof to establish yourself as a credible business. This makes it that much more likely that they will say yes!

Pro Tip: Attaching in-depth case studies of your work is a great way to build trust with a potential client by showcasing how you’ve solved similar problems for other clients in the past. Our case study examples post can show you how to do just that.

7. Create a realistic timeline

To further demonstrate just how prepared you are, it’s important to outline the next steps you will take should your buyer decide to work with you.

Provide a timeline of how and when you will complete all your deliverables. You can do this by designing a  flow chart . Or add a  roadmap  with deadlines. Pitching a long-term project? A timeline infographic would be a better fit.

If you look at this abstract business proposal template below, even something as simple as a table can do the trick.

The timeline is not always set in stone, rather it’s an estimation. The goal is to clarify any questions your potential client might have about how you will deliver for the underlying B2B sales process.

8. Present your payment and terms

On this page, you can outline your fees, payment schedule, invoice payment terms , as well as legal aspects involved in this deal. You can even use the  Excel Invoice Template  to create professional-looking invoices (including brand logo and other elements) and add them to this page.

The key to good pricing is to provide your buyer with options. A  pricing comparison table can help with this. You want to give your client some room to work with. Make sure you’re not scaring off your client with a high price, nor undervaluing yourself. 

Breaking up your pricing in stages is another great way to make sure your potential client knows what he’s paying for. Look at how this simple business proposal template does this:

The legal aspects can slot right into the terms and conditions section. Alternatively, you can add them to the signature section of the proposal to keep things simple.

9. Specify the terms and conditions

Summarize everything you have promised to deliver so far. Include what you expect from your prospective buyer in return.   Add the overall project timeline from start to end, as well as payment methods and payment schedule, incorporating these details into an online digital project management tool. This way, both of you will be clear on what is being agreed on.

This step is very important as it outlines all the legal aspects of the deal. That is why the terms and conditions section of your proposal needs to be as clear as possible.

I recommend consulting a lawyer or your legal team when working on this section of the business proposal. If you’re a business veteran and understand the legalities of your business, you can use the same terms and conditions across all your proposals.

10. Receiving the decision

The final step of this whole process. Your client has read your business proposal and they want to buy what you have to offer.

Add a small section at the end of your proposal to get the necessary signatures. This way, you and your client can sign the proposal and the partnership becomes official.

Be sure to also include your contact information in your business proposal template. It acts as a gentle prompt to your client to contact you in case they have any questions. A professional way of doig that would be to include an e-business card with your contact details, email i.d and any other social links you want to share. You can go through this article for the best digital business cards .

A business proposal usually aims to answer the following questions: 

• Who you are and what your company does
• The problem your buyer is facing
• The solution your company offers to alleviate the problem
• How your company will implement this solution effectively
• An estimate of resources (time, money, etc) required to implement the solution

You can see how this sample business proposal template covers the above points.

Notice how this proposal template addresses the same project like in one of the previous templates, but uses a completely different design style (more retro, while the previous business proposal template is more modern and minimalistic).

Generally, there are three types of business proposals:

1. Formally solicited 

A formally solicited business proposal is made when you respond to an official request to write a business proposal.

In this scenario, you know all the requirements and have more (if not all) information about a prospective buyer. You simply need to write the business proposal for your buyer to evaluate so you can begin the sales process .

2. Informally solicited 

Informally solicited business proposals are written when there isn’t an official request for a proposal. A prospective buyer is interested in your services and asks for a proposal so they can evaluate it.

An informally solicited proposal requires a lot more research from your end. These types of proposals are usually created out of informal conversations. They are not based on official requests which often contain more detail.

3. Unsolicited 

Think of this as a marketing brochure or a cold email . Unsolicited business proposals will often take a generic, one-size-fits-all approach to business proposals. Unsolicited proposals lack any understanding of the buyer or their requirements.

But with additional  market research , personalization and identifying customer pain points , you can propose a customized solution based on your buyer’s needs. This can be a very persuasive approach, such as in this business proposal example:

Now that you know how to write a business proposal, let’s look at how you can optimize your proposal to deliver results!

Below you’ll find some winning business proposal templates and examples to get you started. I’ve also included some design tips to keep in mind when you’re creating your next business proposal: 

1. Know your audience 

If you have some clarity on who your ideal buyer is — their pain points, their budget, deadlines, among other things — you’ve already won half the battle.

If you are a business that helps clients with everything from running giveaways or helping grow their blog , identify which customers to pitch. This is a sure-shot way to close the deal.

Mapping user personas  for your ideal buyer can help bring some clarity. It will also help you position your business proposal correctly. This improves the chance of your buyer moving your business proposal to the “Yes!” pile.

2. Put your brand front and center

If your company follows certain brand guidelines, incorporate them in your business proposal templates. Consider how business proposal examples like the one below highlight brand identity :

From the color palettes to the company logos , everything follows their brand guidelines. The result: a business proposal that’s consistent across the board.

Pro Tip: Switching this template to match your brand assets is actually pretty easy. Venngage’s My Brand Kit feature allows you to import your color palettes, logos as well as font choices. Any Venngage template can now be your template.

You can also consider this sample business proposal template:

App design companies sure do know their design. They did a phenomenal job keeping their brand colors consistent while opting for a black design. This unique color scheme also makes their white logo prominent throughout the proposal.

3. Try less text, more visuals

Have you ever read a proposal and thought to yourself, “Wow, this is all text and has no images, I love it!”? Yeah, me neither.

The free business proposal template below is a perfect example of the “less is more” principle. It does a phenomenal job of communicating what it needs to. By substituting some of the text with icons and visuals, you get a clean business proposal that’s much more scannable.

Want to keep things strictly professional? Instead of icons, you can always add your team’s headshots. This shows your buyer exactly who they’ll be working with.  

Check out this formal business proposal format for some inspiration:

4. Switch up your business proposal designs

It doesn’t hurt to go above and beyond once in a while. Jazz up your business proposal template with some extra colors. This helps make your business proposal more engaging. It also helps your buyers retain information faster.

The business proposal example alternates between black, white and grey backgrounds. It still manages to maintain consistency in its branding . Just switching up your backgrounds once in a while can also bring in some variety to an otherwise standard business proposal.

This SEO business proposal sample proves that it’s possible to switch up the colors in every other page. But it still maintains the same color scheme across the entire proposal just like a professionally designed website : 

Pro Tip: Not a color expert? Our guide on picking colors can help you pick the right color scheme for your proposals.

FAQ about business proposals

What is the purpose of a business proposal.

A business proposal aims to streamline the B2B sales process (which is often complex ) between you as a seller and a buyer.

It does this by serving the dual purpose of acting as a source of information. The proposal also acts as a sales pitch aimed at convincing your buyer why they should buy what you have to offer.

What are the best practices for business proposal design?

• Do a thorough spell-check. The goal of your business proposal is to convince your buyer why you’re the perfect person for the job. A proposal with typos or grammatical errors communicates the opposite. A thorough spell-check before you send your proposal is a must.
• Keep things clear and readable: Clarity is an important aspect that you have to ensure in your business proposal. If you want your proposal to hit home and make an impact on the buyer, you have to write it in an understandable way. To keep things clear and readable, there are a couple of things that you can do. You can, for one, take care to use easy wording and segmented sentences from the get-go. You can also try paraphrasing the hard parts of your proposal once you are done writing it.
• Let your brand shine. As discussed before, writing a business proposal is all about knowing your ideal buyer and focusing on their pain points. But that doesn’t mean your business proposal template has to be boring. Demonstrate how different you are compared to other companies. You can do this through your brand guidelines , by using more visuals, switching up your proposal design or showing off your personality in your writing . 
• Create a business proposal PDF. Downloading your business proposal in PDF format allows you to attach other collaterals with your business proposal. These can include a company explainer video or case studies showcasing the work done with past clients. Also, who doesn’t love saving paper?

How long should your business proposal be? 

The length depends on the scope of the work as well as the complexity of the project. Here is a one-page business proposal template:

Can your business proposal template really be one page? Yes, as long as you understand who your buyer is and their pain points. You should also have the ability to communicate everything your ideal buyer needs to know about your business in a succinct manner.

Or if you’re feeling adventurous how about just two pages? Often, clients prefer if you go straight to the point and avoid all the fluff.

For example, this green modern marketing proposal template wastes no time in getting down to brass tacks:

Need more inspiration? Check out this blog on the 5 marketing proposal examples that’ll help elevate your business.

There is no one size fits all approach when it comes to deciding how many pages you should include in your business proposal template. And at the end of the day, “the only rules are the ones you set for yourself”.

At the end of the day, writing winning business proposals that sell is all about you understanding your buyer, their potential pain points and positioning yourself as someone who can alleviate those pain points. 

Now that you know how to write compelling business proposals, what are you waiting for?

Take action and start creating your own business proposals to close more deals and grow your business today!

More business communications templates + writing tips you might be interested in…

• 31 Consulting Proposal Templates to Close Deals
• 20+ Professional Business Letterhead Templates + Branding Tips
• How to Write a White Paper [Tips & Templates]

Discover popular designs

Infographic maker

Brochure maker

White paper online

Newsletter creator

Flyer maker

Timeline maker

Letterhead maker

Mind map maker

Ebook maker

Business Essay Examples

13 Business Essay Examples for Students

14 min read

Published on: May 1, 2023

Last updated on: Jan 30, 2024

Share this article

Are you struggling to figure out the structure, research, or data required to make your essay stand out? Or frustrated by the lack of inspiration and ideas for your essay?

But don't give up yet! We have a powerful solution that will make your essay writing a breeze. Our list of business essay examples is here to help! 

We have compiled expertly written business essay examples that will illustrate how to write a striking business essay.

With our examples, you'll be able to see how to structure your essay and generate creative ideas for your topic. And our tips will help you make the most of these examples.

So, let's dive in and get ready to learn!

On This Page On This Page -->

What is a Business Essay?

A business essay is a type of academic writing that focuses on business-related topics and issues. These essays can cover a wide range of topics such as marketing, finance, management, entrepreneurship, and more.

The importance of business essay lies in presenting a well-researched and informed analysis. To do this effectively, writers need to conduct extensive research and analysis on the topic at hand.

Referring to examples of business essays can help you gain insight into the structure, tone, and content of a well-written essay.

Business Essay Examples For Students

Here is a list of business writing examples

Business Essay Examples Pdf

Business Essay Example Grade 10

Business Essay Example Grade 11

A Level Business Essay Examples

University Business Essay Examples

International Business Essay Examples

Short Essay About Business

College Essay About Starting A Business

Types of Business Essay with Examples

When it comes to business essay writing, there are several different types that you might encounter. 

Here's a brief overview of each type, including their characteristics and an example of each.

Paper Due? Why Suffer? That's our Job!

Case Studies

A case study is an in-depth analysis of a specific business situation or problem. It involves extensive research and data analysis to provide recommendations.

Case studies often showcase the application of theory to real-world business scenarios.

Research Papers

Research papers involve a more academic approach to business writing. They typically require an extensive literature review, data analysis, and original research. 

Business research papers aim to contribute new knowledge to the field of business. These often involve a hypothesis or research question.

Argumentative Essays

Argumentative business essays aim to persuade the reader to adopt a particular point of view or take a specific action. They present an argument and use evidence and logic to support their claims. 

Argumentative essays can address various business topics such as management practices, ethical issues, or market trends.

White Papers

A white paper is a document that provides a detailed explanation of a particular issue or problem, often with recommendations or solutions. 

White papers are typically used to educate stakeholders about a specific topic. These are often used in the business-to-business (B2B) context.

Comparative Essays 

Comparative business essays compare and contrast two or more topics or ideas. They typically analyze the similarities and differences between the topics to evaluate their pros and cons. 

Comparative essays can focus on various aspects such as products, companies, markets, or strategies.

How to Structure Your Business Essays

As you begin writing your business essay, it's important to structure it in a clear and organized way. 

Here's a step-by-step guide with business essay samples to help you do just that:

Executive Summary

The executive summary is a brief overview of your entire essay. It should summarize your main points and highlight your recommendations. 

This section should be written after completing the essay, as it gives a clear picture of what the essay covers. 

Here is how you start a business essay sample:

Introduction

The introduction sets the stage for the rest of the essay. It should introduce the topic, provide background information, and explain the purpose of the essay. 

Here is a business essay introduction example:

Industry Analysis

In this section, you'll conduct a thorough analysis of the industry in which the business operates. You should examine factors such as competition, market trends, and customer behavior. 

Here is a sample industry analysis

Key Issues or Problems

This section should identify the main issues or problems faced by the business. You should provide evidence to support your claims and analyze the impact of these issues. 

Here is an example paragraph:

Solutions or Recommendation

Here, you'll provide solutions or recommendations to address the issues identified in the previous section. Your solutions should be well-supported and feasible. 

For instance:

Implementation Plan

For this part, you'll outline a plan for implementing the solutions or recommendations you've proposed. This is sort of a description of the business model you suggest. 

This section should be detailed and include specific action steps. 

For example:

Finally, you'll wrap up your essay by summarizing your main points and reiterating your recommendations. 

This section should be clear, concise, and impactful. 

By following this structure, your business essay will be well-organized, coherent, and easy to follow for your readers.

Tips for Using Business Essay Examples Effectively

Now that you have quite a few business essay examples at hand, you should know how to use them effectively:

• Use them as a guide, not a template : While it's great to learn from examples, you should never copy them outright. Instead, use them as a starting point for your own research and writing.
• Analyze the strengths and weaknesses of the essay : Take note of what works well in the example essay, as well as any areas that could be improved. This will help you understand how to make your own essay even better.
• Use them to inform your own research and writing : Pay attention to the research methods, sources, and evidence used in the example essay. This can give you ideas for your own research and help you strengthen your arguments.
• Avoid plagiarism and ensure proper citation: Whenever you use ideas or information from an example, make sure to cite your sources. This will help you avoid plagiarism and maintain academic integrity.

You now have a plenty of business essay examples on different topics to help you get started!

By following our tips and studying the sample essays, you can confidently write your own essays that are clear, concise, and impactful. 

However, if you still find yourself struggling with your business essays, just reach out to our professional business essay writing service . 

We have the best online essay writing service and are ready to provide you a high-quality business. Our writing service has subject specialist writers who can tackle any business essay topic.  

So why wait? Contact us today and let our AI essay writer take your business essays to the next level!

Cathy A. (Literature)

For more than five years now, Cathy has been one of our most hardworking authors on the platform. With a Masters degree in mass communication, she knows the ins and outs of professional writing. Clients often leave her glowing reviews for being an amazing writer who takes her work very seriously.

Paper Due? Why Suffer? That’s our Job!

Legal & Policies

• Privacy Policy
• Cookies Policy
• Terms of Use
• Refunds & Cancellations
• Our Writers
• Success Stories
• Our Guarantees
• Affiliate Program
• Referral Program
• AI Essay Writer

Disclaimer: All client orders are completed by our team of highly qualified human writers. The essays and papers provided by us are not to be used for submission but rather as learning models only.

Contoh Proposal Bisnis Plan: Panduan Lengkap untuk Merencanakan Bisnis Sukses

Selamat datang di blog kami! Pada artikel ini, kami akan membahas tentang contoh proposal bisnis plan, suatu panduan lengkap yang akan membantu Anda merencanakan bisnis yang sukses. Dalam dunia bisnis yang kompetitif saat ini, memiliki proposal bisnis yang baik dan terperinci merupakan langkah awal yang penting untuk mencapai kesuksesan.

Sebelum kita mulai, mari kita pahami terlebih dahulu apa itu proposal bisnis plan. Sebuah proposal bisnis plan adalah dokumen tertulis yang berisi rencana dan strategi untuk menjalankan bisnis secara efektif. Proposal ini mencakup berbagai aspek seperti analisis pasar, tujuan bisnis, strategi pemasaran, proyeksi keuangan, dan lain-lain. Dengan memiliki proposal bisnis plan yang kuat, Anda dapat meyakinkan calon investor, mitra bisnis, dan pihak lain yang terlibat tentang potensi bisnis Anda.

Analisis Pasar dan Peluang Bisnis

Di bagian ini, Anda perlu melakukan analisis pasar yang komprehensif untuk memahami tren pasar, kebutuhan pelanggan, dan persaingan bisnis. Identifikasi potensi pasar yang ada dan peluang bisnis yang mungkin terbuka untuk Anda. Jelaskan juga mengapa bisnis Anda memiliki keunggulan kompetitif dan bagaimana Anda dapat memanfaatkannya untuk meraih kesuksesan.

Tren Pasar dan Keadaan Industri

Sebelum memulai bisnis, penting untuk memahami tren pasar dan keadaan industri saat ini. Analisis tren pasar akan membantu Anda mengetahui perubahan dalam preferensi konsumen, teknologi yang sedang berkembang, dan faktor-faktor lain yang dapat mempengaruhi bisnis Anda. Selain itu, identifikasi keadaan industri seperti pertumbuhan pasar, persaingan, dan peluang-peluang yang mungkin ada.

Segmentasi Pasar dan Target Pelanggan

Setelah mengetahui tren pasar, langkah selanjutnya adalah melakukan segmentasi pasar dan mengidentifikasi target pelanggan Anda. Segmentasi pasar akan membantu Anda membagi pasar menjadi kelompok-kelompok yang lebih kecil berdasarkan karakteristik seperti usia, jenis kelamin, pendapatan, dan preferensi. Setelah itu, tentukan target pelanggan yang paling sesuai dengan produk atau layanan yang Anda tawarkan.

Analisis Persaingan

Analisis persaingan adalah langkah penting untuk mengetahui pesaing-pesaing yang ada di pasar. Identifikasi pesaing langsung maupun tidak langsung, analisis kekuatan dan kelemahan mereka, serta strategi pemasaran yang mereka gunakan. Dengan memahami persaingan, Anda dapat mengembangkan strategi yang tepat untuk membedakan bisnis Anda dan menarik pelanggan dari pesaing.

Peluang Bisnis

Setelah melakukan analisis pasar dan persaingan, identifikasi peluang bisnis yang mungkin terbuka untuk Anda. Peluang bisnis dapat terjadi melalui kekosongan pasar, perubahan dalam kebutuhan pelanggan, atau adanya tren baru yang dapat Anda manfaatkan. Jelaskan mengapa Anda percaya bahwa bisnis Anda memiliki peluang yang baik dan bagaimana Anda akan mengambil keuntungan dari peluang tersebut.

Visi, Misi, dan Tujuan Bisnis

Tentukan visi, misi, dan tujuan jangka pendek maupun jangka panjang dari bisnis Anda. Visi Anda harus mencerminkan gambaran besar tentang bisnis yang ingin Anda bangun, sedangkan misi harus menjelaskan tujuan utama dari bisnis Anda. Sementara itu, tujuan bisnis haruslah spesifik, terukur, dapat dicapai, realistis, dan memiliki batas waktu yang jelas.

Visi Bisnis

Visi bisnis adalah gambaran besar tentang tujuan jangka panjang yang ingin Anda capai dengan bisnis Anda. Visi bisnis haruslah menggambarkan keadaan ideal yang ingin Anda capai dalam beberapa tahun ke depan. Misalnya, visi bisnis Anda mungkin adalah menjadi pemimpin pasar dalam industri tertentu atau memberikan solusi inovatif untuk masalah yang ada.

Misi Bisnis

Misi bisnis menjelaskan alasan mengapa bisnis Anda ada dan apa yang ingin Anda capai melalui bisnis tersebut. Misi bisnis haruslah berfokus pada nilai-nilai inti yang ingin Anda sampaikan kepada pelanggan dan masyarakat. Misalnya, misi bisnis Anda mungkin adalah menyediakan produk berkualitas tinggi dengan layanan pelanggan yang baik atau berkontribusi pada pembangunan masyarakat secara berkelanjutan.

Tujuan Bisnis

Tujuan bisnis adalah pernyataan spesifik tentang apa yang ingin Anda capai dalam jangka waktu tertentu. Tujuan bisnis haruslah dapat diukur sehingga Anda dapat mengevaluasi kemajuan bisnis Anda. Misalnya, tujuan bisnis Anda mungkin adalah meningkatkan penjualan sebesar 20% dalam setahun atau mengembangkan produk baru dalam waktu enam bulan.

Strategi Pemasaran dan Penjualan

Di bagian ini, jelaskan strategi pemasaran dan penjualan yang akan Anda terapkan untuk mengenalkan produk atau layanan Anda kepada pasar. Identifikasi target pasar Anda, tentukan strategi pemasaran yang efektif, dan jelaskan bagaimana Anda akan menjalankan kegiatan penjualan. Sertakan juga rencana promosi dan strategi komunikasi yang akan Anda gunakan.

Segmentasi Pasar dan Penentuan Target Pasar

Setelah melakukan segmentasi pasar sebelumnya, langkah selanjutnya adalah menentukan target pasar yang akan Anda fokuskan. Target pasar adalah kelompok pelanggan yang memiliki kebutuhan dan preferensi yang sesuai dengan produk atau layanan yang Anda tawarkan. Jelaskan mengapa Anda memilih target pasar tersebut dan bagaimana Anda akan menjangkau mereka.

Strategi Pemasaran Produk atau Layanan

Setelah menentukan target pasar, tentukan strategi pemasaran yang efektif untuk produk atau layanan Anda. Strategi pemasaran haruslah mengidentifikasi keunggulan kompetitif Anda, menentukan harga yang sesuai, dan menentukan saluran distribusi yang efisien. Jelaskan juga rencana promosi yang akan Anda terapkan untuk meningkatkan kesadaran dan minat pelanggan terhadap produk atau layanan Anda.

Strategi Penjualan

Strategi penjualan adalah langkah-langkah yang akan Anda ambil untuk menjual produk atau layanan kepada pelanggan. Jelaskan bagaimana Anda akan mengarahkan proses penjualan, mulai dari prospek pelanggan hingga penutupan penjualan. Sertakan juga strategi komunikasi yang akan Anda gunakan untuk membangun hubungan baik dengan pelanggan dan meningkatkan loyalitas mereka.

Rencana Promosi dan Strategi Komunikasi

Rencana promosi adalah rencana yang menjelaskan bagaimana Anda akan mempromosikan produk atau layanan Anda kepada pelanggan. Rencana ini dapat mencakup berbagai metode promosi seperti iklan, pemasaran langsung, media sosial, dan kegiatan promosi lainnya. Jelaskan juga strategi komunikasi yang akan Anda gunakan untuk membangun hubungan baik dengan pelanggan dan meningkatkan kesadaran merek.

Struktur Organisasi dan Tim Manajemen

Susunlah struktur organisasi yang jelas untuk bisnis Anda. Jelaskan peran dan tanggung jawab setiap posisi dalam tim manajemen Anda. Sertakan juga informasi tentang pengalaman dan keahlian anggota tim manajemen Anda yang relevan dengan bisnis yang Anda jalankan. Hal ini akan memberikan kepercayaan kepada calon investor bahwa bisnis Anda memiliki tim yang kompeten dan mampu menjalankan operasional secara efisien.

Struktur Organisasi

Tentukan struktur organisasi yang paling sesuai untuk bisnis Anda. Struktur organisasi terdiri dari hierarki posisi dan hubungan antara berbagai departemen atau fungsi dalam bisnis Anda. Jelaskan peran dan tanggung jawab setiap posisi dalam struktur organisasi Anda, termasuk pemilik bisnis, manajer, dan staf lainnya. Pastikan struktur organisasi Anda mendukung efisiensi operasional dan pertumbuhan bisnis.

Tim Manajemen

Tim manajemen adalah kelompok orang yang bertanggung jawab atas pengelolaan bisnis Anda. Jelaskan pengalaman dan keahlian anggota tim manajemen Anda yang relevan dengan bisnis Anda. Sertakan juga informasi tentang peran dan tanggung jawab masing-masing anggota tim manajemen. Misalnya, jelaskan pengalaman pendiri bisnis dalam industri yang sama atau keahlian khusus yang dimiliki oleh anggota tim manajemen lainnya.

Sistem Pengendalian Intern

Sistem pengendalian intern adalah prosedur dan kebijakan yang Anda terapkan untuk memastikan operasional bisnis berjalan dengan baik dan risiko-risiko bisnis dapat dikelola dengan efektif. Jelaskan sistem pengendalian intern yang Anda terapkan, seperti prosedur akuntansi, prosedur pengendalian stok, dan sistem pelaporan yang digunakan dalam bisnis Anda. Pastikan sistem pengendalian intern Anda dapat meningkatkan efisiensi dan transparansi dalam bisnis Anda.

Proyeksi Keuangan dan Analisis Risiko

Di bagian terakhir, sertakan proyeksi keuangan untuk bisnis Anda. Berikan perkiraan pendapatan, pengeluaran, dan laba yang diharapkan dalam jangka waktu tertentu. Selain itu, lakukan juga analisis risiko untuk mengidentifikasi potensi risiko yang mungkin dihadapi bisnis Anda dan sertakan strategi mitigasi yang akan Anda terapkan.

Proyeksi Keuangan

Proyeksi keuangan adalah perkiraan tentang pendapatan, pengeluaran, dan laba yang diharapkan dalam jangka waktu tertentu, biasanya dalam bentuk laporan keuangan seperti laporan laba rugi, neraca, dan arus kas. Jelaskan proyeksi keuangan yang Anda buat, termasuk faktor-faktor yang mempengaruhi perkiraan tersebut seperti harga produk, volume penjualan, dan biaya operasional. Pastikan proyeksi keuangan Anda realistis dan didasarkan pada analisis pasar yang telah Anda lakukan sebelumnya.

Analisis Risiko

Analisis risiko adalah proses mengidentifikasi, mengevaluasi, dan mengelola risiko-risiko yang mungkin dihadapi oleh bisnis Anda. Identifikasi potensi risiko yang mungkin terjadi, seperti risiko keuangan, risiko operasional, risiko pasar, atau risiko hukum. Setelah mengidentifikasi risiko-risiko tersebut, jelaskan strategi mitigasi yang akan Anda terapkan untuk mengurangi dampak negatif dari risiko-risiko tersebut. Pastikan Anda memiliki rencana cadangan yang kuat untuk menghadapi kemungkinan risiko yang dapat mempengaruhi bisnis Anda.

Dalam kesimpulan, merencanakan sebuah bisnis dengan menggunakan proposal bisnis plan yang terperinci dan komprehensif adalah langkah penting untuk mencapai kesuksesan. Dengan mengikuti panduan contoh proposal bisnis plan ini, Anda dapat mempersiapkan diri dengan baik untuk menjalankan bisnis yang sukses. Mulailah sekarang dan jadilah pengusaha yang berbakat!

Related posts:

Leave a Comment Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Home » Digital Marketing » Contoh Proposal Bisnis Plan yang Baik & Benar

Contoh Proposal Bisnis Plan yang Baik & Benar

12 April 2022 3 min read

Kemampuan menyusun bisnis plan merupakan salah satu keuntungan untuk Anda ingin sukses memulai berwirausaha.

Bagi sahabat Qwords yang kebingungan, artikel ini akan membahas secara lengkap tentang apa itu bisnis plan dan contoh bisnis plan yang benar.

Bisnis plan atau rencana bisnis sendiri secara umum bisa diartikan sebagai rincian informasi yang berisi tahapan dalam membangun sebuah usaha/bisnis mulai dari nol sampai kurang lebih selama lima tahun kedepan.

Jadi bisnis plan adalah salah satu aset penting yang harus dimiliki agar usaha bisa berjalan lancar.

Layaknya ilmu bisnis dan sosial, teknik dan cara pembuatan proposal business plan sejatinya tidak bersifat kaku dan saklek.

Sementara agar bisa membuat rancangan ide bisnis yang bisa diterima oleh banyak orang Anda tentu harus banyak membaca contoh business plan sederhana dan belajar supaya pengetahuan semakin berkembang.

Misanya, jika ingin membuka usaha kuliner maka Anda harus memiliki contoh presentasi usaha makanan, kalau perlu sudah memperhatikan sampai ke detail cover proposal usaha makanan.

Hal ini tentu agar bisnis plan makanan Anda bisa diterima banyak orang.

Apa itu Bisnis Plan

Sebelum melanjutkan pembahasan mengenai contoh bisnis plan, mungkin ada beberapa dari sahabat Qwords yang belum paham sepenuhnya tentang pengertian bisnis plan.

Bisnis plan adalah rencana tertulis pada bisnis yang sudah didiskusikan sebelumnya tentang bagaimana kegiatan bisnis dilakukan untuk mencapai tujuan bersama.

Bisnis plan setiap bisnis tentunya berbeda-beda satu dengan lainnya.

Lantas, kira-kira seperti apa contoh proposal bisnis plan yang mampu menarik minat sekaligus meyakinkan calon penanam modal?

Langsung saja, yuk kita simak contoh bisnis plan sederhana tentang “ Kedai Kopi ” berikut ini.

Baca juga: Panduan Lengkap Google Bisnisku Untuk Pemula

Apa Saja yang Dimasukkan dalam Business Plan? ?

Sebelum membuat bisnis plan, ada beberapa hal yang perlu dimasukan dalam business plan yang akan Anda buat.

• Executive Summary, pada bagian ini berisi tentang informasi lengkap dari perusahaan mulai dari lokasi, struktur organisasi, karyawan, produk dan lainnya.
• Deskripsi Perusahaan,  pada bagian ini berisi mengenai sejarah, visi dan misi perusahaan.
• Produk atau Layanan,  pada bagian ini berisi tentang produk dan layanan dari perusahaan, jabarkan sedetail mungkin agar lebih jelas.
• Analisa Pasar,  pada bagian ini berisi analisa pasar mengenai target market, siapa kompetitor dan peluangnya.
• Strategi Marketing,  pada bagian ini berisi strategi marketing yang digunakan oleh perusahaan.
• Rencana Keuangan,  terakhir, pada bagian ini berisi laporan keuangan secara detail.

Sudah tahu kan apa saja yang harus ada dalam business plan yang akan dibuat?

Contoh dan Cara Membuat Proposal Bisnis Plan

1. latar belakang.

Bagian paling awal yang harus dipikirkan sebelum membuat renaca bisnis plan yang baik dan benar adalah komponen latar belakang atau sebagian orang menyebutnya sebagai Executive Summary.

Di poin ini Anda bisa menuliskan alasan-alasan mengapa ingin menghadirkan sebuah kedai kopi, sejarah penemuan ide kedai kopi, prestasi/keunggulan, hingga potensi yang mungkin bisa berkembang di masa depan.

Contoh penulisan latar belakang bisnis plan kedai kopi “elegan”:

“Kedai kopi “elegan” merupakan usaha potensial yang mengedepankan bahan baku kopi murni yang diambil dari seluruh pelosok negeri.

Kedai kopi yang terletak di bilangan Jalan Palagan, Yogyakarta ini juga hanya menjual menu kopi espresso dari biji kopi pilihan hasil olahan barista handal………”

Agar terkesan lebih kredibel dan meyakinkan, bagian latar belakang bisa juga diisi dengan tinjauan pustaka atau kutipan hasil penelitian manfaat mengkonsumsi kopi dari universitas yang bisa dipertanggung jawabkan.

Baca juga: 10+ Rekomendasi Website Pencari Kerja Terbaik

2. Penjelasan Visi dan Misi Usaha

Setelah selesai menuliskan bagian latar belakang, selanjutnya adalah menyusun Visi Misi usaha.

Bagian ini sebaiknya dibuat dengan jelas dan gamblang agar tidak disalahartikan oleh calon investor.

Contoh penulisan Visi Misi Usaha di dalam Bisnis Plan

• Menciptakan kedai kopi nikmat yang bisa diterima semua orang.
• Memberikan cita rasa kopi terbaik
• Memberikan pelayanan terbaik kepada pelanggan

3. Gambaran Produk

Ketika mengajukan contoh bisnis plan ke calon investor Anda juga wajib mendeskripsikan produk bisnis dengan jelas dan mudah dimengerti.

Contoh penulisan gambaran produk di dalam bisnis plan:

“Bisnis kedai kopi “elegan” menjual kopi espresso sebagai menu andalan. Selain itu, ada pula beberapa menu pendamping seperti aneka cake dan pastry, hingga makanan berat seperti spaghetti.”

4. Rencana Usaha

Bagian terakhir ini memuat informasi teknis yang cukup mendetail seputar bisnis yang ingin Anda kelola, di antaranya meliputi:

Seperti halnya menjalankan usaha pada umumnya, persiapan di sini meliputi informasi penjelasan seputar proses pencarian bahan baku, pengolahan, hingga bisa sampai ke target pasar.

“Dalam usaha kedai kopi, bahan baku berupa biji kopi di beli dari tengkulak setiap tiga hari sekali. Jam operasionalnya sendiri mulai dari pukul 3 sore hingga jam 11 malam setiap hari.”

• Strategi Pemasaran

Anda bisa mengisi bagian ini dengan berbagai metode pemasaran digital maupun tradisional untuk menarik calon pelanggan.

Jangan lupa tampilkan juga strategi pemasaran yang terdiri dari Segmen pasar, target pasar, serta positioning produk agar bisa lebih bersaing dengan jenis usaha sejenis.

“Agar kedai kopi “elegan” menjadi lebih dikenal, akan ada promo dari buzzer dan influencer sosial media.

Selain itu, ada pula akun sosial media khusus untuk melakukan promosi lengkap dengan website yang berisi informasi promo dan konten-konten viral untuk menarik minat calon pelanggan.”

Anda tidak perlu khawatir soal biaya promosi yang terlalu tinggi, anggap saja aktivita tersebut sebagai salah satu instrumen investasi.

• Rencana Anggaran

Pada bagian ini Anda sebaiknya menulis harga dan bahan baku yang digunakan secara detail dan terperinci.

“Sewa ruko: Rp1.000.000

Pembelian biji kopi arabika:  @Rp110.000 x3 = Rp330.000

Paper cup: @Rp250 x 100 = Rp25.000

• Sumber Anggaran

Sumber anggaran bisa berasal dari dana pribadi, investasi, atau pinjaman. Tulislah keterangan informasi dari sumber dana tersebut secara rinci dan gamblang.

“Modal pribadi: Rp10.000.000

Dana pinjaman: Rp5.000.000

Perkiraan dana dari investor: Rp15.000.000

• Struktur Organisasi

Dalam menjalankan bisnis, kita juga harus memiliki struktur organisasi yang jelas dan bisa diminta pertanggungjawaban.

Adapun untuk ukuran bisnis rintisan seperti kedai kopi “elegan” Anda tidak perlu memiliki struktur bisnis hingga level direktur, yang penting ada batasan yang jelas antara manajemen dan pengurus harian.

“Manager: Budi

Bendahara: Ani

Pemasaran: Deni

Baca juga: 10 Etika Dalam Berbisnis yang Harus Diketahui

Sudah Bisa Membuat Bisnis Plan?

Demikianlah contoh kerangka bisnis plan sederhana yang baik dan benar sebagai usaha untuk meyakinkan investor.

Panduan di atas tidak harus diikuti sama persis seperti yang dituliskan, tapi masih bisa dikembangkan lebih jauh menjadi kerangka bisnis plan yang lebih menarik untuk dipresentasikan.

Perlu diketahui, setiap lini bisnis tentu memiliki standar tersendiri untuk poin-poin penting yang perlu disertakan di dalam dokumen bisnis plan.

Jadi, seperti yang sudah disampaikan pada paragraf awal, jangan terlalu saklek dan kaku jika ingin mendapatkan racikan bisnis plan yang bisa diterima oleh banyak orang.

Anda bisa memulai dengan meniru contoh bisnis plan kedai kopi diatas.

Terlepas dari itu, jika bisnis Anda ingin semakin maju dan dikenal banyak orang gunakan juga metode promosi digital melalui website dan media sosial.

Untuk melihat paket layanan hosting murah dan daftar ekstensi domain terbaik yang anda impikan bisa melihat langsung di halaman promo Qwords.com .

Selamat mencoba

• Digital Marketing
• Inspirasi Bisnis

Domain yang Tepat untuk Website Bisnis,…

Rekomendasi Hosting untuk CBT, Ujian Online…

5+ Contoh Blog Makanan untuk Referensi…

19 replies to “contoh proposal bisnis plan yang baik…”.

terimakasih atas penjelasan dan pencerahannya….. sangat membantu kami yang pemula untuk belajar membuat proposal bisnis plan yang baik dan benar. salam sukses

Sama-sama kak, Terima kasih sudah berkunjung di Blog Qwords.

Matursuwun …Jelas sekali penjelasannya…Sukses Selalu,,Aamiin YRA.

Sama-sama kak, Terima kasih sudah berkunjung di Blog Qwords kak, Jangan lupa untuk urusan layanan Hosting percayakan pada Qwords.

Trimakasih,,,,Joss

saya bisa minta contoh pembuatan perhitungan pembiayaan pembuatan Climbing Gym, serta perhitungan lainnya untuk mendapatkan respon positif dari investor. Terima kasih yuni

Kami belum pernah membuat untuk Climbing Gym kak, Mungkin dari artikel ini bisa menjadi salah satu rujukan untuk Anda yang ingin membuat proposal bisnis. jangan lupa untuk urusan domain hosting percayakan pada Qwords saja.

Saya sedang memulai usaha jasa pertamanan (landscape). Mungkin ada contoh bisnis plan atau masukan buat saya dalam memulai bisnis ini, terutama dalam tahap persiapan bisnis dan pencarian pangsa pasar (proyek). Mohon info dan masukan nya. Terima kasih.

Terimkasih kak, penjelasannya sangat mudah untuk dipahami. Sukses selalu kak.

terima kasih banyak penjelasannya, sangat mudah untuk dipahami.

Sama-sama kak, Terima kasih sudah berkunjung di Qwords ya, Jangan lupa kalau butuh domain hosting bisa besan di Qwords ya.

terimakasih atas penjelasannya.

Terima kasih….. artikel yang menarik dan bermanfaat….sukses selalu

Terima kasih sudah berkunjung di blog Qwords kak, Kalau butuh domain hosting bisa pesan di Qwords.com ya Terima kasih

Makasih artikelnya bermanfaat, bisa buat referensi ngerjain tugas juga, sehat dan sukses kedepannya

Sangat bermanfaat untuk bisnis

Artikel yang sangat bermanfaat dan mencerahkan, saya cukup terbantu menyusun resolusi bisnis di tahun 2022 nanti, terima kasih pak. Salam

ini yang sy butuhkan untuk bisnis wedding planner yang sedang sy rintis. Bermanfaat sekali!

Terimakasih…artikel nya sangat membantu bagi kami yang sudah memiliki konsep dan marketing tetapi terkendala dalam penyusunan proposal untuk meyakinkan investor, ini yang kami butuhkan untuk membuka WE. sangat bermanfaat sekali.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Contoh Bisnis Plan yang Bisa di Download Gratis

Mencari contoh bisnis plan untuk usaha Anda? Bisnis plan sendiri adalah dokumen yang menunjukkan kelayakan bisnis baru yang prospektif dan menyediakan peta jalan untuk beberapa tahun pertama operasinya.

Membuat bisnis plan adalah bagian penting dalam menciptakan bisnis baru, baik sebagai startup atau cabang dari bisnis yang sudah ada. Rencana bisnis untuk perusahaan start up sering kali dibagikan kepada lembaga pendanaan, calon investor, dan pemodal ventura untuk mendapatkan pendanaan yang diperlukan.

Pada artikel kali ini kami akan memberikan kepada Anda contoh bisnis plan dan file bisnis plan yang bisa Anda download secara gratis.

Apa itu Bisnis Plan?

Bisnis plan atau rencana bisnis adalah dokumen yang mendefinisikan secara rinci tujuan perusahaan dan bagaimana perusahaan berencana untuk mencapai tujuannya.

Bisnis plan menjabarkan peta jalan tertulis untuk perusahaan dari sudut pandang pemasaran, keuangan, dan operasional. Baik perusahaan rintisan maupun perusahaan yang sudah mapan menggunakan rencana bisnis.

Ini adalah dokumen penting yang ditujukan untuk audiens eksternal dan internal perusahaan. Sebagai contoh, rencana bisnis digunakan untuk menarik investasi sebelum perusahaan memiliki rekam jejak yang terbukti. Rencana bisnis juga dapat membantu mendapatkan pinjaman dari lembaga keuangan.

Selain itu, bisnis plan dapat membantu tim eksekutif perusahaan untuk tetap berada di jalur yang sama mengenai item tindakan strategis dan sesuai target untuk mencapai tujuan yang telah ditetapkan.

Meskipun bisnis plan sangat berguna untuk bisnis baru, setiap perusahaan harus memiliki rencana bisnis. Idealnya, rencana tersebut ditinjau dan diperbarui secara berkala untuk mencerminkan tujuan yang telah dicapai atau yang telah berubah.

Terkadang, bisnis plan baru dibuat untuk bisnis yang sudah mapan yang telah memutuskan untuk bergerak ke arah yang baru.

Baca juga: Cara Membuat Neraca Lajur dan Contohnya

Mengapa Anda membutuhkan bisnis plan?

Anda mungkin bertanya-tanya mengapa Anda membutuhkan bisnis plan. Meskipun Anda sudah memiliki gambaran yang jelas tentang apa yang ingin Anda capai. Anda tahu pasar, Anda memiliki keterampilan yang diperlukan. Jadi, mengapa Anda membutuhkan rencana?

Berikut ini beberapa alasan mengapa Anda membutuhkan bisnis plan:

• Untuk memperjelas ide-ide Anda: Menuliskan sesuatu akan memberinya struktur dan substansi. Ide-ide Anda akan lebih jelas di atas kertas daripada di dalam kepala Anda.
• Untuk menemukan dan memecahkan masalah: Ide bisnis yang ada di benak Anda mungkin memiliki beberapa kekurangan – Anda mungkin belum mencakup semuanya. Hal ini akan menjadi jauh lebih jelas ketika kata-kata Anda ada di halaman.
• Untuk mendapatkan feedback dari orang lain: Bisnis plan yang ditulis dengan baik dapat dibagikan dengan orang-orang yang dipercaya untuk mendapatkan saran mereka.
• Sebagai dokumen formal: Bank, investor, akuntan, dan pengacara akan menginginkan bukti bahwa Anda serius dengan bisnis Anda. Rencana tertulis akan memberikan bukti tersebut.
• Untuk memandu Anda seiring pertumbuhan bisnis Anda: Rencana bisnis yang baik akan membuat Anda tetap berada di jalur yang benar dan fokus, bahkan ketika pekerjaan sehari-hari menjadi gangguan.

Baca juga: 10 Jenis Strategi Pemasaran yang Wajib Bagi Pebisnis Baru

Komponen Apa Saja yang Harus ada dalam Bisnis Plan?

Jika Anda belum pernah menulis rencana bisnis sebelumnya, ini bisa menjadi hal yang menyulitkan. Namun jangan takut, berikut adalah beberapa komponen yang harus ada dalam bisnis plan yang Anda buat:

1. Ringkasan eksekutif

Di sinilah Anda menggambarkan perusahaan Anda dan produk atau layanan yang akan dijual. Ini harus singkat, untuk menarik dan mempertahankan perhatian orang.

Cobalah untuk menjelaskan tujuan dan misi bisnis Anda hanya dalam beberapa kalimat. Berusahalah dengan keras untuk membuatnya mudah diingat.Perlakukan bagian ini sebagai dokumen elevator pitch – harus ringkas dan mudah diingat.

2. Siapa pelanggan Anda?

Apakah Anda memiliki gambaran yang jelas tentang tipe orang (atau bisnis) yang akan membeli produk atau layanan Anda? Jika belum, pikirkanlah dengan hati-hati sampai Anda memilikinya.

Ini adalah salah satu pertanyaan pertama yang akan ditanyakan oleh investor tentang rencana bisnis Anda. Siapkan jawaban Anda.

• Ketahui apakah pelanggan Anda adalah konsumen atau bisnis. Jika mereka adalah bisnis, siapa yang akan Anda targetkan di dalam perusahaan tersebut? Mungkin tenaga penjualnya, atau mungkin CEO-nya?
• Tentukan apakah Anda akan memiliki klien tetap atau pembeli sekali saja.
• Pastikan Anda benar-benar telah berbicara dengan beberapa pelanggan potensial Anda.

3. Mengevaluasi target audiens

Jangan menggunakan asumsi di sini. Anda perlu mengidentifikasi orang atau bisnis yang akan membeli dari Anda. Pikirkan tentang hal-hal berikut:

• Demografi – seperti usia, jenis kelamin, dan status sosial
• Firmografi – termasuk ukuran perusahaan, pendapatan perusahaan dan layanan atau produk perusahaan
• Lokasi – mungkin daerah, kota, atau bahkan negara tertentu
• Profesi – mungkin Anda menargetkan akuntan, polisi, atau pengacara, misalnya
• Kelompok – seperti orang-orang dengan minat atau kebiasaan yang sama

Semakin baik Anda mengevaluasi audiens target Anda, semakin komprehensif rencana bisnis Anda.

Baca juga: Rumus HPP, Cara Hitung, dan Contoh Kasusnya

4. Apa saja peluang Anda?

Bisnis yang sukses berpikir besar. Anda mungkin memulai dari yang kecil, namun Anda tidak harus tetap seperti itu. Jadi, tuliskan peluang yang mungkin untuk bisnis Anda seiring pertumbuhannya.

Sebagai contoh, mungkin Anda berencana untuk memulai dengan menjual melalui internet. Itu bagus, tetapi bagaimana Anda akan mendapatkan trafik ke situs Anda?

Bagaimana orang akan menemukan Anda secara online? Apakah Anda akan membutuhkan tenaga penjualan? Jika tidak, bagaimana Anda akan meyakinkan orang untuk membeli dari Anda?

Seiring dengan pertumbuhan bisnis, apakah ada ruang untuk gerai ritel fisik? Peluang apa lagi yang akan Anda miliki jika bisnis Anda tumbuh sesuai rencana?

5. Memahami persaingan

Setiap bisnis memiliki persaingan. Jika Anda tidak menyebutkan kompetitor Anda, investor akan menganggap Anda tidak profesional. Teliti dan buatlah daftar semua pesaing Anda yang sudah ada dan yang potensial:

• Siapa saja pesaing langsung Anda – mereka yang menjual produk yang sama dengan Anda?
• Siapa saja pesaing tidak langsung Anda – mereka yang pasarnya tumpang tindih dengan pasar Anda?
• Apa yang akan mencegah perusahaan lain bersaing dengan Anda – apa saja hambatan untuk masuk?
• Apa USP (proposisi penjualan unik) Anda? Dengan kata lain, apa titik perbedaan Anda yang membuat Anda berbeda dari pesaing Anda?

Poin terakhir ini penting. Anda perlu menjelaskan bagaimana bisnis Anda akan membedakan dirinya dari yang lain. Hal itu mungkin didasarkan pada harga, layanan, kualitas, jangkauan, atau nilai. Pastikan Anda menjelaskannya.

Baca juga: Demand Planning: Pengertian dan Tips Mengelolanya

6. Buatlah rencana keuangan sederhana

Semua bisnis plan harus berisi beberapa informasi keuangan. Ini harus mencakup keseluruhan biaya pendirian bisnis Anda. Sebagai contoh:

• Biaya untuk membuat atau membeli produk
• Biaya tenaga kerja dan produksi, termasuk bahan baku
• Biaya karyawan, terutama untuk bisnis jasa
• Biaya distribusi dan pemasaran
• Biaya overhead tetap dan variabel

Software akuntansi yang tepat akan membantu Anda membuat draf model keuangan yang lebih baik. Salah satu software akuntansi yang bisa Anda gunakan dengan mudah dan praktis adalah Kledo.

Anda bisa mencoba software akutnansi Kledo secara gratis selama 14 hari melalui tautan pada gmabar di bawah ini:

7. Sertakan rencana pemasaran secara garis besar

Untuk bagian rencana bisnis ini, Anda perlu memikirkan lima ‘P’:

• Penetapan harga – bagaimana Anda akan menentukan harga produk akhir?
• Positioning – bagaimana produk atau layanan Anda sesuai dengan pasar?
• Promosi – saluran apa yang akan Anda gunakan untuk menarik dan berkomunikasi dengan pelanggan?
• Profit – berapa banyak yang Anda harapkan dari setiap barang yang terjual?
• Place – di mana gerai penjualan Anda?

Baca juga: Rencana Pemasaran (Marketing Plan): Manfaat, Tujuan, Jenis, Contoh, dll

8. Rencanakan operasi Anda

Apa saja tugas harian yang perlu dilakukan saat menjalankan bisnis? Sertakan semua proses bisnis seperti produksi dan pengemasan. Cobalah untuk mencakup semua departemen juga, termasuk penjualan dan layanan pelanggan.

9. Mendapatkan orang yang tepat

Ini adalah salah satu faktor terpenting. Pikirkan tentang siapa yang ingin Anda pekerjakan. Bagaimana Anda akan menemukan orang yang memiliki keahlian yang sesuai dengan keahlian Anda? Dan bagaimana Anda akan meyakinkan mereka untuk bekerja untuk Anda?

Pikirkan juga siapa yang Anda inginkan sebagai penasihat bisnis Anda. Anda akan membutuhkan orang yang dapat dipercayai, untuk membimbing dan menjadi mentor Anda saat Anda membutuhkannya.

Baca juga: Action Plan Adalah: Manfaat, Contoh, dan Cara Buatnya dalam Bisnis

Contoh Bisnis Plan Sederhana

Berikut adalah contoh bisnis plan yang bisa Anda pertimbangkan untuk digunakan:

Baca juga: Business Continuity Plan (BCP): Pengertian, Jenis, dan Cara Membuatnya

Download Template Bisnis Plan Gratis

Jika Anda masih kesulitan menggunakan contoh bisnis plan diatas, Anda bisa mendownload template bisnis plan dalam berbagai format melalui tombol di bawah ini:

Baca juga: Business Planning: Pengertian, Proses, Elemen, Tahapan, dan Tips Membuatnya

Saat Anda menulis bisnis plan, ingatlah kekuatan Anda – dan juga hal manapa a saja yang perlu ditingkatkan. Cara ini akan membantu Anda menyusun rencana yang memaksimalkan kemampuan Anda, namun tetap realistis. Dan pada akhirnya, ini akan meyakinkan investor bahwa Anda serius.

Bisnis plan Anda adalah peta jalan untuk bisnis Anda, namun pastikan Anda tidak membuat rencana yang kaku. Jika memungkinkan, pastikan Anda memeriksa ulang bisnis plan yang sudah Anda buatd setidaknya setahun sekali dan lakukan perubahan jika perlu.

Yang terpenting, teruslah mendapatkan feedback dari para konsultan Anda – baik itu resmi dan tidak resmi. Dengan bantuan mereka, Anda akan membuat bisnis plan yang sempurna yang akan membawa bisnis Anda lebih menguntungkan.

• Latest Posts

• Mengetahui Income Effect dalam Konsep Ekonomi dan Finansial - 16 Mei 2024
• Weekly Report: Pengertian, Hal yang Harus Dilaporkan, dan Manfaatnya - 16 Mei 2024
• Contoh Laporan Laba Rugi Single Step dan Cara Membuatnya - 15 Mei 2024

Related Posts:

• Template Invoice: Format, Cara Isi, dan Contoh yang…
• Invoice: Pembahasan, Format, dan Contoh yang Bisa Download
• Contoh RAB dan Template yang Bisa Didownload Gratis
• Iklan Gratis yang Bisa Anda Gunakan Dalam Bisnis…
• Contoh Faktur Penjualan Kosong Word & Excel,…
• Cara Membuat Laporan Laba Rugi dan Download…

Tinggalkan Balasan Batalkan balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *

Simpan nama, email, dan situs web saya pada peramban ini untuk komentar saya berikutnya.

Please enter an answer in digits: 5 × two =

Advertisement

Contoh Soal PKN Kelas 10 Semester 1 Kurikulum Merdeka dan Jawabannya

Contoh Soal PKN Kelas 3 Semester 1 beserta Kunci Jawaban Lengkap

Resensi Novel Perahu Kertas Dewi Lestari, Sinopsis, Identitas, Kelebihan, dan Kekurangannya

Contoh Naskah Drama Batu Menangis Singkat dengan Peran Beberapa Orang

18 Contoh Kalimat Imbuhan Pe-An dan Penjelasannya Lengkap dalam Bahasa Indonesia

15 Contoh Soal Perencanaan Bisnis dan Jawabannya Lengkap Kelas 10

Kerjakan soal mapel kewiraushaan materi perencanaan bisnis dengan mempelajari dahulu contoh soalnya di aritkel ini!

15 Contoh Soal Perencanaan Bisnis dan Jawabannya Lengkap Kelas 10 – Dalam mata pelajaran kewirausahaan kelas 10 terdapat materi tentang perencanaan bisnis. Materi ini muncul dalam ujian dan juga ulangan harian. Untuk bisa mengerjakan soalnya dengan baik maka kamu perlu belajar dengan giat khusus untuk materi ini. Dalam artikel ini termuat 15 contoh soal perencanaan bisnis dan jawabannya lengkap kelas 10. Simak semua soalnya, ya!

Baca Juga :

20 Contoh Soal Statistika dan Pembahasannya Pilihan Ganda Kelas 12

• Simak Contoh Soal Perencanaan Bisnis dan Jawabannya Lengkap Kelas 10!

Daftar Isi [ hide ]

Ini Contoh Soal Perencanaan Bisnis dan Jawabannya Lengkap Kelas 10 bagian 1

Ini contoh soal perencanaan bisnis dan jawabannya lengkap kelas 10 bagian 2, ini contoh soal perencanaan bisnis dan jawabannya lengkap kelas 10 bagian 3.

Perencanaan bisnis penting perannya bagi perusahaan agar bisa memproduksi produk yang bernilai dan mampu bersaing di pasaran. Dengan bahan yang bagus, alat yang baik, pangsa pasar yang berpotensi, dan strategi pemasaran yang baik maka perusahaan akan bisa mendapatkan keuntungan yang bisa membantu mencapai tujuan perusahaan.

1. Sebuah perusahaan produsen handphone merilis seri terbarunya dengan harga tinggi yang dilengkapi dengan berbagai fitur canggih yang lengkap. Kemudian kompetitor pun mulai merilis produk tandingan dengan fitur dan keunggulan yang sama, harga handphone seri terbaru yang pertama pun diturunkan. Strategi penentuan harga yang dipakai oleh perusahaan handphone pertama disebut dengan strategi harga…

a. psikologis

b. perkenalan

c. yang kompetitif dengan kompetitor

d. skimming

2. Fungsi atau peran imbalan bervariasi dalam memunculkan motivasi bagi wirausaha. Bagi seorang wirausaha senior dengan keluarga besar, imbalan yang amat bernilai adalah…

a. pengakuan

b. finansial

c. pendidikan lanjutan

d. rasa keberhasilan

3. Gap atau kesenjangan di antara prediksi penjualan dengan tujuan perusahaan mampu diisi kekosongannya dengan melakukan peningkatan produktivitas. Salah satu cara untuk melakukannya adalah dengan…

a. meningkatkan harga

b. akuisisi

c. meningkatkan pangsa pasar

d. joint venture

4 Pernyataan berikut yang benar mengenai daur hidup sebuah produk adalah…

a. kekurangan kapasitas produksi akan dialami kembali karena kurangnya demand atau permintaan

b. dalam tahap perkembangan, promosi memiliki peran untuk membangun brand awareness produk

c. tahap perkenalan ialah tahapan dengan biaya rendah untuk pemasaran

d. di dalam tahap pertumbuhan, kompetisi yang ada makin panas dan saingan yang tak efisien akan terpaksa mundur dari persaingan yang ada

5. Sebuah misi atau tujuan wajib mengandung pernyataan yang menyatakan satu kompetensi atau keahlian spesial, ini berarti…

a. wajib memvisualisasikan sejauh mana kalimat misi berpesan terhadap perusahaan secara menyeluruh

b. menggambarkan hal-hal apa saja yang akan dilakukan oleh perusahaan

c. dalam sebuah misi wajib ada muatan keahlian atau sebuah skill penting yang hanya dimiliki perusahaan dan tidak dimiliki oleh kompetitor

d. Sebuah misi harus bisa menawarkan benefit bagi para customer

9 Contoh Soal Peluang Kelas 12 dan Pembahasannya Lengkap

6. Fungsi segmentasi pasar dalam rencana pemasaran atau marketing plan adalah…

a. sebagai alat perusahaan untuk mendapatkan profit yang signifikan dibanding para pesaingnya

b. membuat target pasar yang luas

c. agar perusahaan mampu menarget semua customer

d. agar perusahaan bisa bersaing dikarenakan harga produk yang begitu murah

7. Definisi yang tepat untuk perencanaan pemasaran adalah…

a. pelaksanaan step-step kegiatan dalam memasarkan produk melibatkan seluruh aspek perusahaan

b. pendayagunaan secara terencana semua sumber daya pemasaran agar perusahaan bisa mencapai target pemasaran yang telah ditentukan

c. perencanaan, pelaksanaan, analisa, dan pengawasan semua program dengan tujuan adanya transaksi di target pasar untuk mencapai tujuan perusahaan

d. proses bagian manajemen dalam mengantisipasi aktivitas pemasaran yang nantinya akan dilaksanakan

8. Strategi penetrasi pasar telah dipilih oleh sebuah perusahaan untuk memperkenalkan sebuah produk yang baru dirilis. Berdasarkan strategi piramida, hal ini disebut dengan…

a. strategi pemasaran

b. strategi manajemen pemasaran

c. audit pemasaran

d. taktik pemasaran

9. Bila sebuah perusahaan telah menggunakan strategi yang efektif namun taktiknya tidak efisien maka secara pemasaran perusahaan tersebut berada dalam kategori kuadran…

d. berhasil

10. Perantara salah satu fungsinya adalah mengumpulkan barang yang sama persis dari berbagai sumber ke dalam supply yang homogen disebut dengan…

a. pemilahan

b. assorting

c. akumulasi

Contoh Soal Klasifikasi Makhluk Hidup Beserta Pembahasannya Lengkap

11. Semua proses mencakup pengumpulan, identifikasi, analisa, dan penyebaran informasi yang dilakukan secara objektif dan sistematis bertujuan membantu manajemen dalam hal memutuskan hal yang berkaitan dengan identifikasi masalah serta peluang dalam proses pemasaran adalah definisi dari istilah…

a. perencanaan pemasaran

b. penelitian pemasaran

d. peramalan pemasaran

12. Sony mempunyai banyak model handphone yang masing-masing disesuaikan dengan kategori atau kelompok konsumennya. Segmentasi yang dipakai oleh Sony disebut…

a. konsentrasi

b. atomisasi

c. undifferentiated marketing strategy

d. diferensiasi

13. Metode yang digunakan untuk penentuan anggaran promosi yang dilihat berdasarkan keseimbangan pangsa pesaing serta pangsa suara disebut dengan…

a. competitive-parity method

b. affordable method

c. percentage-of-sales method

d. objective-and-task method

14. Sebuah strategi yang digunakan oleh perusahaan pengelola operasional jalan tol yang memang mendominasi semua pasar sehingga pelanggan atau pengguna jalan tol tidak bisa bertindak apa-apa atau tidak ada alternatif bila tidak ada produk yang dimilikinya merupakan contoh dari strategi pemasaran yang disebut…

15. Sebuah produk akan kehilangan nilai keunikannya dengan cepat dan mengalami penurunan martabat sehingga nantinya hanya dipandang sebagai satu diantara banyak produk pesaing bila…

a. tidak butuh investasi yang besar dalam proses produksi dan distribusi produk tersebut

b. paten dan teknologi yang kuat

c. potensi pasar yang kecil sehingga berpeluang memancing imitasi

d. pesaing yang potensial lemah

30 Contoh Soal Teks Tanggapan beserta Jawabannya, Pilihan Ganda dan Essay

Itulah contoh soal perencanaan bisnis dan jawabannya lengkap kelas 10. Terdapat 15 soal yang semuanya memuat tentang materi perencanaan bisnis mata pelajaran kewirausahaan untuk kelas 10. Cara pengerjaannya pasti kamu sudah tidak asing yaitu hanya tinggal memilih jawaban yang benar dari pilihan yang ada. Dilengkapi dengan jawaban yang benar, tentu belajar mapel kewirausahaan jadi tidak menyulitkan. Semoga nilai kewirausahaanmu baik, ya!

Klik dan dapatkan info kost di dekat kampus idamanmu:

Kost Dekat UGM Jogja Kost Dekat UNPAD Jatinangor Kost Dekat UNDIP Semarang Kost Dekat UI Depok Kost Dekat UB Malang Kost Dekat Unnes Semarang Kost Dekat UMY Jogja Kost Dekat UNY Jogja Kost Dekat UNS Solo Kost Dekat ITB Bandung Kost Dekat UMS Solo Kost Dekat ITS Surabaya

Kost Dekat Unesa Surabaya

Kost Dekat UNAIR Surabaya

Kost Dekat UIN Jakarta