Wells Fargo

Writing a business plan: Your step-by-step guide

business plan on business center

Learn how to write a sound business plan to help set up your business for success.

Learning how to write a sound business plan is an essential first step toward creating a successful business. Simply put, a business plan outlines your business’s overall goals, strategies, and operations, providing a long-term vision and plan for your entire business. It’s not to be confused with a business proposal, which is a sales document that pitches a specific business idea or product to a potential client or investor. A business plan can help you clarify what you want to achieve and lay out exactly how to reach those goals. This, in turn, can help you motivate your team, promote your business, and make key decisions.

A strong business plan serves as an important communication tool to potential investors and lenders. It will allow you to articulate your current financial status, sources of revenue, and how you plan to meet revenue projections. Although a business plan isn’t always required when applying for all types of credit, it often plays a significant role in SBA loan applications . While no two business plans are alike, every plan should cover the following elements.

Executive summary: Define your business

Your plan’s executive summary is your chance to introduce the business — so it needs to be concise and compelling. The summary should give a brief recap of the history and background of your business in a manner that will make the reader want to learn more about your plan. Sometimes it’s helpful to write this last — after you’ve spent some time contemplating and articulating all the details of your business.

Company summary: Delve into the details

Your business plan should explain what your product or service is and why people and businesses will want to purchase it. Be sure to highlight areas where your product or service has a clear advantage over the competition. Also, include details about pending or established copyrights or trademarks, and present or future plans for research and development (R&D).

Market analysis: Outline your strategy

A market analysis centers on the marketability of your business, who your competitors are and how you fit into the competitive landscape. In the analysis, give detailed information about your business’s industry, including the size of the market, your target market, the market need, and barriers to entry such as supply issues and regulation. Also, include information on any market tests you have conducted and identify your direct and indirect competition.

Marketing plan: Identify your niche

Here, you’ll highlight how you plan to promote your business and generate revenue. Describe in detail what your product or service does and how it will help consumers. Explain how your product is unique from others on the market, and how you will promote your business and generate revenue. Also, provide details about the product life cycle and any intellectual property issues. (Note: Some of this may reiterate or expand upon information elsewhere in your business plan.) You can protect your intellectual property , which can include names, designs and automated process, through trademarks, copyrights, non-disclosure agreements and more.

Management overview: Introduce your leaders

To highlight your human capital, describe how your business will be organized in terms of structure and leadership. Let your reader know who does what and what qualifications they have. Summarize this in your writeup, but consider providing relevant resumes, too.

Financial summary: Develop your financial plan

The financial summary, which includes details about your company’s funding sources, existing debt, any grants , as well as financial analysis, are crucial areas to lay out in detail. Explain the amount of funding your business needs and provide supporting financial data as well as financial projections . Include documents that communicate your business’s current financial status, such as income statements, balance sheets , and cash flow statements. List your expectations for revenues as well as the cost of your goods, rent, fuel, utilities, salaries, and other expenses.

The final step: Organize it logically

There are many ways you can organize the information mentioned above so you can share it with potential investors and lenders, current and prospective team members and managers, and anyone else who needs to understand your vision.

Do your research and find a business plan format that works for your business. There can be different types of plans for different types of readers, i.e. investors vs. employees, so you can modify your plan depending on your audience.

A few things to keep in mind:

  • Make it easy to find key info . Create a cover page and table of contents, so information is easy to find. Also consider using dividers with tabs if you’re printing it out and putting it in a binder.
  • Add more details as they emerge . Depending on what you do or sell, you may also want to add a section on Action Plans, which includes information on regulations, legal and compliance issues, safety processes, operational and management plans, an employee handbook, delineations of job descriptions of your staff, and anything else you’ve put on paper (or into a digital document).
  • Consider using an Appendix . This is where you can store any supporting documents, including financial and market analyses, logo and branding examples, team resumes, and so on.

Your business plan should reflect changes in your business, the industry or the market. Make changes as necessary to incorporate the changing needs of customers or changing economic conditions in order to keep your plan current. Treating your business plan as a living document — and revising it regularly — can help you stay ahead of the competition and exceed your dreams.

Learn more:

For additional support, make an appointment with a Wells Fargo banker who can help you develop your business plan. There are also several resources available to get you started with your business and business plan. Here are a few:

  • U.S. Small Business Administration
  • America’s Small Business Development Centers Network
  • SCORE Association

You might also like

business plan on business center

A business owner’s guide to balance sheets

Preparing balance sheets can help attract investors by providing a clear picture of your financials.

business plan on business center

Three key partners for managing your small business finances

Learn how your business can benefit from working with accountants, financial advisors, and bankers.

We’re here for you

business plan on business center

Talk with a banker

business plan on business center

Find products and services

More support.

Expand your business with interactive tools and knowledgeable partners ready to help

business plan on business center

Work with Wells Fargo as a supplier

Learn about the broad range of opportunities we help provide diverse suppliers and how you can start working with us.

business plan on business center

Funding for your business

Access funds for growth, cash flow or commercial reaI estate.

Small business owner working in an office setting

Move your business forward

Easy-to-use products, tools, and resources for small businesses

You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

Simple Business Plan Template (2024)

Krista Fabregas

Updated: May 4, 2024, 4:37pm

Simple Business Plan Template (2024)

Table of Contents

Why business plans are vital, get your free simple business plan template, how to write an effective business plan in 6 steps, frequently asked questions.

While taking many forms and serving many purposes, they all have one thing in common: business plans help you establish your goals and define the means for achieving them. Our simple business plan template covers everything you need to consider when launching a side gig, solo operation or small business. By following this step-by-step process, you might even uncover a few alternate routes to success.

Featured Partners

ZenBusiness

$0 + State Fees

Varies By State & Package

ZenBusiness

On ZenBusiness' Website

Northwest Registered Agent

$39 + State Fees

Northwest Registered Agent

On Northwest Registered Agent's Website

Tailor Brands

$0 + state fee + up to $50 Amazon gift card

Varies by State & Package

Tailor Brands

On Tailor Brands' Website

$0 + State Fee

On Formations' Website

Whether you’re a first-time solopreneur or a seasoned business owner, the planning process challenges you to examine the costs and tasks involved in bringing a product or service to market. The process can also help you spot new income opportunities and hone in on the most profitable business models.

Though vital, business planning doesn’t have to be a chore. Business plans for lean startups and solopreneurs can simply outline the business concept, sales proposition, target customers and sketch out a plan of action to bring the product or service to market. However, if you’re seeking startup funding or partnership opportunities, you’ll need a write a business plan that details market research, operating costs and revenue forecasting. Whichever startup category you fall into, if you’re at square one, our simple business plan template will point you down the right path.

Copy our free simple business plan template so you can fill in the blanks as we explore each element of your business plan. Need help getting your ideas flowing? You’ll also find several startup scenario examples below.

Download free template as .docx

Whether you need a quick-launch overview or an in-depth plan for investors, any business plan should cover the six key elements outlined in our free template and explained below. The main difference in starting a small business versus an investor-funded business is the market research and operational and financial details needed to support the concept.

1. Your Mission or Vision

Start by declaring a “dream statement” for your business. You can call this your executive summary, vision statement or mission. Whatever the name, the first part of your business plan summarizes your idea by answering five questions. Keep it brief, such as an elevator pitch. You’ll expand these answers in the following sections of the simple business plan template.

  • What does your business do? Are you selling products, services, information or a combination?
  • Where does this happen? Will you conduct business online, in-store, via mobile means or in a specific location or environment?
  • Who does your business benefit? Who is your target market and ideal customer for your concept?
  • Why would potential customers care? What would make your ideal customers take notice of your business?
  • How do your products and/or services outshine the competition? What would make your ideal customers choose you over a competitor?

These answers come easily if you have a solid concept for your business, but don’t worry if you get stuck. Use the rest of your plan template to brainstorm ideas and tactics. You’ll quickly find these answers and possibly new directions as you explore your ideas and options.

2. Offer and Value Proposition

This is where you detail your offer, such as selling products, providing services or both, and why anyone would care. That’s the value proposition. Specifically, you’ll expand on your answers to the first and fourth bullets from your mission/vision.

As you complete this section, you might find that exploring value propositions uncovers marketable business opportunities that you hadn’t yet considered. So spend some time brainstorming the possibilities in this section.

For example, a cottage baker startup specializing in gluten-free or keto-friendly products might be a value proposition that certain audiences care deeply about. Plus, you could expand on that value proposition by offering wedding and other special-occasion cakes that incorporate gluten-free, keto-friendly and traditional cake elements that all guests can enjoy.

business plan on business center

3. Audience and Ideal Customer

Here is where you explore bullet point number three, who your business will benefit. Identifying your ideal customer and exploring a broader audience for your goods or services is essential in defining your sales and marketing strategies, plus it helps fine-tune what you offer.

There are many ways to research potential audiences, but a shortcut is to simply identify a problem that people have that your product or service can solve. If you start from the position of being a problem solver, it’s easy to define your audience and describe the wants and needs of your ideal customer for marketing efforts.

Using the cottage baker startup example, a problem people might have is finding fresh-baked gluten-free or keto-friendly sweets. Examining the wants and needs of these people might reveal a target audience that is health-conscious or possibly dealing with health issues and willing to spend more for hard-to-find items.

However, it’s essential to have a customer base that can support your business. You can be too specialized. For example, our baker startup can attract a broader audience and boost revenue by offering a wider selection of traditional baked goods alongside its gluten-free and keto-focused specialties.

4. Revenue Streams, Sales Channels and Marketing

Thanks to our internet-driven economy, startups have many revenue opportunities and can connect with target audiences through various channels. Revenue streams and sales channels also serve as marketing vehicles, so you can cover all three in this section.

Revenue Streams

Revenue streams are the many ways you can make money in your business. In your plan template, list how you’ll make money upon launch, plus include ideas for future expansion. The income possibilities just might surprise you.

For example, our cottage baker startup might consider these revenue streams:

  • Product sales : Online, pop-up shops , wholesale and (future) in-store sales
  • Affiliate income : Monetize blog and social media posts with affiliate links
  • Advertising income : Reserve website space for advertising
  • E-book sales : (future) Publish recipe e-books targeting gluten-free and keto-friendly dessert niches
  • Video income : (future) Monetize a YouTube channel featuring how-to videos for the gluten-free and keto-friendly dessert niches
  • Webinars and online classes : (future) Monetize coaching-style webinars and online classes covering specialty baking tips and techniques
  • Members-only content : (future) Monetize a members-only section of the website for specialty content to complement webinars and online classes
  • Franchise : (future) Monetize a specialty cottage bakery concept and sell to franchise entrepreneurs

Sales Channels

Sales channels put your revenue streams into action. This section also answers the “where will this happen” question in the second bullet of your vision.

The product sales channels for our cottage bakery example can include:

  • Mobile point-of-sale (POS) : A mobile platform such as Shopify or Square POS for managing in-person sales at local farmers’ markets, fairs and festivals
  • E-commerce platform : An online store such as Shopify, Square or WooCommerce for online retail sales and wholesale sales orders
  • Social media channels : Facebook, Instagram and Pinterest shoppable posts and pins for online sales via social media channels
  • Brick-and-mortar location : For in-store sales , once the business has grown to a point that it can support a physical location

Channels that support other income streams might include:

  • Affiliate income : Blog section on the e-commerce website and affiliate partner accounts
  • Advertising income : Reserved advertising spaces on the e-commerce website
  • E-book sales : Amazon e-book sales via Amazon Kindle Direct Publishing
  • Video income : YouTube channel with ad monetization
  • Webinars and online classes : Online class and webinar platforms that support member accounts, recordings and playback
  • Members-only content : Password-protected website content using membership apps such as MemberPress

Nowadays, the line between marketing and sales channels is blurred. Social media outlets, e-books, websites, blogs and videos serve as both marketing tools and income opportunities. Since most are free and those with advertising options are extremely economical, these are ideal marketing outlets for lean startups.

However, many businesses still find value in traditional advertising such as local radio, television, direct mail, newspapers and magazines. You can include these advertising costs in your simple business plan template to help build a marketing plan and budget.

business plan on business center

5. Structure, Suppliers and Operations

This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and responsibilities, supplier logistics and day-to-day operations. Also, include any certifications or permits needed to launch your enterprise in this section.

Our cottage baker example might use a structure and startup plan such as this:

  • Business structure : Sole proprietorship with a “doing business as” (DBA) .
  • Permits and certifications : County-issued food handling permit and state cottage food certification for home-based food production. Option, check into certified commercial kitchen rentals.
  • Roles and responsibilities : Solopreneur, all roles and responsibilities with the owner.
  • Supply chain : Bulk ingredients and food packaging via Sam’s Club, Costco, Amazon Prime with annual membership costs. Uline for shipping supplies; no membership needed.
  • Day-to-day operations : Source ingredients and bake three days per week to fulfill local and online orders. Reserve time for specialty sales, wholesale partner orders and market events as needed. Ship online orders on alternating days. Update website and create marketing and affiliate blog posts on non-shipping days.

Start A Limited Liability Company Online Today with ZenBusiness

Click to get started.

6. Financial Forecasts

Your final task is to list forecasted business startup and ongoing costs and profit projections in your simple business plan template. Thanks to free business tools such as Square and free marketing on social media, lean startups can launch with few upfront costs. In many cases, cost of goods, shipping and packaging, business permits and printing for business cards are your only out-of-pocket expenses.

Cost Forecast

Our cottage baker’s forecasted lean startup costs might include:

Business Need Startup Cost Ongoing Cost Source

Gross Profit Projections

This helps you determine the retail prices and sales volume required to keep your business running and, hopefully, earn income for yourself. Use product research to spot target retail prices for your goods, then subtract your cost of goods, such as hourly rate, raw goods and supplier costs. The total amount is your gross profit per item or service.

Here are some examples of projected gross profits for our cottage baker:

Product Retail Price (Cost) Gross Profit

Bottom Line

Putting careful thought and detail in a business plan is always beneficial, but don’t get so bogged down in planning that you never hit the start button to launch your business . Also, remember that business plans aren’t set in stone. Markets, audiences and technologies change, and so will your goals and means of achieving them. Think of your business plan as a living document and regularly revisit, expand and restructure it as market opportunities and business growth demand.

Is there a template for a business plan?

You can copy our free business plan template and fill in the blanks or customize it in Google Docs, Microsoft Word or another word processing app. This free business plan template includes the six key elements that any entrepreneur needs to consider when launching a new business.

What does a simple business plan include?

A simple business plan is a one- to two-page overview covering six key elements that any budding entrepreneur needs to consider when launching a startup. These include your vision or mission, product or service offering, target audience, revenue streams and sales channels, structure and operations, and financial forecasts.

How can I create a free business plan template?

Start with our free business plan template that covers the six essential elements of a startup. Once downloaded, you can edit this document in Google Docs or another word processing app and add new sections or subsections to your plan template to meet your specific business plan needs.

What basic items should be included in a business plan?

When writing out a business plan, you want to make sure that you cover everything related to your concept for the business,  an analysis of the industry―including potential customers and an overview of the market for your goods or services―how you plan to execute your vision for the business, how you plan to grow the business if it becomes successful and all financial data around the business, including current cash on hand, potential investors and budget plans for the next few years.

  • Best LLC Services
  • Best Registered Agent Services
  • Best Trademark Registration Services
  • Top LegalZoom Competitors
  • Best Business Loans
  • Best Business Plan Software
  • ZenBusiness Review
  • LegalZoom LLC Review
  • Northwest Registered Agent Review
  • Rocket Lawyer Review
  • Inc. Authority Review
  • Rocket Lawyer vs. LegalZoom
  • Bizee Review (Formerly Incfile)
  • Swyft Filings Review
  • Harbor Compliance Review
  • Sole Proprietorship vs. LLC
  • LLC vs. Corporation
  • LLC vs. S Corp
  • LLP vs. LLC
  • DBA vs. LLC
  • LegalZoom vs. Incfile
  • LegalZoom vs. ZenBusiness
  • LegalZoom vs. Rocket Lawyer
  • ZenBusiness vs. Incfile
  • How To Start A Business
  • How to Set Up an LLC
  • How to Get a Business License
  • LLC Operating Agreement Template
  • 501(c)(3) Application Guide
  • What is a Business License?
  • What is an LLC?
  • What is an S Corp?
  • What is a C Corp?
  • What is a DBA?
  • What is a Sole Proprietorship?
  • What is a Registered Agent?
  • How to Dissolve an LLC
  • How to File a DBA
  • What Are Articles Of Incorporation?
  • Types Of Business Ownership

Next Up In Company Formation

  • Best Online Legal Services
  • How To Write A Business Plan
  • Member-Managed LLC Vs. Manager-Managed LLC
  • Starting An S-Corp
  • LLC Vs. C-Corp
  • How Much Does It Cost To Start An LLC?

What Is SNMP? Simple Network Management Protocol Explained

What Is SNMP? Simple Network Management Protocol Explained

AJ Dellinger

What Is A Single-Member LLC? Definition, Pros And Cons

Evan Tarver

What Is Penetration Testing? Definition & Best Practices

Juliana Kenny

What Is Network Access Control (NAC)?

Leeron Hoory

What Is Network Segmentation?

How To Start A Business In Louisiana (2024 Guide)

How To Start A Business In Louisiana (2024 Guide)

Jacqueline Nguyen, Esq.

Krista Fabregas is a seasoned eCommerce and online content pro sharing more than 20 years of hands-on know-how with those looking to launch and grow tech-forward businesses. Her expertise includes eCommerce startups and growth, SMB operations and logistics, website platforms, payment systems, side-gig and affiliate income, and multichannel marketing. Krista holds a bachelor's degree in English from The University of Texas at Austin and held senior positions at NASA, a Fortune 100 company, and several online startups.

business plan on business center

Small Business Trends

How to create a business plan: examples & free template.

Table of Contents

How to Write a Business Plan

Executive summary.

business plan

Overview and Business Objectives

Company description, define your target market, market analysis, swot analysis, competitive analysis, organization and management team, products and services offered, marketing and sales strategy, logistics and operations plan, financial projections plan, income statement, cash flow statement.

SectionDescriptionExample
Executive SummaryBrief overview of the business planOverview of EcoTech and its mission
Overview & ObjectivesOutline of company's goals and strategiesMarket leadership in sustainable technology
Company DescriptionDetailed explanation of the company and its unique selling propositionEcoTech's history, mission, and vision
Target MarketDescription of ideal customers and their needsEnvironmentally conscious consumers and businesses
Market AnalysisExamination of industry trends, customer needs, and competitorsTrends in eco-friendly technology market
SWOT AnalysisEvaluation of Strengths, Weaknesses, Opportunities, and ThreatsStrengths and weaknesses of EcoTech
Competitive AnalysisIn-depth analysis of competitors and their strategiesAnalysis of GreenTech and EarthSolutions
Organization & ManagementOverview of the company's structure and management teamKey roles and team members at EcoTech
Products & ServicesDescription of offerings and their unique featuresEnergy-efficient lighting solutions, solar chargers
Marketing & SalesOutline of marketing channels and sales strategiesDigital advertising, content marketing, influencer partnerships
Logistics & OperationsDetails about daily operations, supply chain, inventory, and quality controlPartnerships with manufacturers, quality control
Financial ProjectionsForecast of revenue, expenses, and profit for the next 3-5 yearsProjected growth in revenue and net profit
Income StatementSummary of company's revenues and expenses over a specified periodRevenue, Cost of Goods Sold, Gross Profit, Net Income
Cash Flow StatementOverview of cash inflows and outflows within the businessNet Cash from Operating Activities, Investing Activities, Financing Activities

Tips on Writing a Business Plan

Free business plan template, what is a business plan, why you should write a business plan, what are the different types of business plans.

Type of Business PlanPurposeKey ComponentsTarget Audience
Startup Business PlanOutlines the company's mission, objectives, target market, competition, marketing strategies, and financial projections.Mission Statement, Company Description, Market Analysis, Competitive Analysis, Organizational Structure, Marketing and Sales Strategy, Financial Projections.Entrepreneurs, Investors
Internal Business PlanServes as a management tool for guiding the company's growth, evaluating its progress, and ensuring that all departments are aligned with the overall vision.Strategies, Milestones, Deadlines, Resource Allocation.Internal Team Members
Strategic Business PlanOutlines long-term goals and the steps to achieve them.SWOT Analysis, Market Research, Competitive Analysis, Long-Term Goals.Executives, Managers, Investors
Feasibility Business PlanAssesses the viability of a business idea.Market Demand, Competition, Financial Projections, Potential Obstacles.Entrepreneurs, Investors
Growth Business PlanFocuses on strategies for scaling up an existing business.Market Analysis, New Product/Service Offerings, Financial Projections.Business Owners, Investors
Operational Business PlanOutlines the company's day-to-day operations.Processes, Procedures, Organizational Structure.Managers, Employees
Lean Business PlanA simplified, agile version of a traditional plan, focusing on key elements.Value Proposition, Customer Segments, Revenue Streams, Cost Structure.Entrepreneurs, Startups
One-Page Business PlanA concise summary of your company's key objectives, strategies, and milestones.Key Objectives, Strategies, Milestones.Entrepreneurs, Investors, Partners
Nonprofit Business PlanOutlines the mission, goals, target audience, fundraising strategies, and budget allocation for nonprofit organizations.Mission Statement, Goals, Target Audience, Fundraising Strategies, Budget.Nonprofit Leaders, Board Members, Donors
Franchise Business PlanFocuses on the franchisor's requirements, as well as the franchisee's goals, strategies, and financial projections.Franchise Agreement, Brand Standards, Marketing Efforts, Operational Procedures, Financial Projections.Franchisors, Franchisees, Investors

Using Business Plan Software

SoftwareKey FeaturesUser InterfaceAdditional Features
LivePlanOver 500 sample plans, financial forecasting tools, progress tracking against KPIsUser-friendly, visually appealingAllows creation of professional-looking business plans
UpmetricsCustomizable templates, financial forecasting tools, collaboration capabilitiesSimple and intuitiveProvides a resource library for business planning
BizplanDrag-and-drop builder, modular sections, financial forecasting tools, progress trackingSimple, visually engagingDesigned to simplify the business planning process
EnloopIndustry-specific templates, financial forecasting tools, automatic business plan generation, unique performance scoreRobust, user-friendlyOffers a free version, making it accessible for businesses on a budget
Tarkenton GoSmallBizGuided business plan builder, customizable templates, financial projection toolsUser-friendlyOffers CRM tools, legal document templates, and additional resources for small businesses

Business Plan FAQs

What is a good business plan, what are the 3 main purposes of a business plan, can i write a business plan by myself, is it possible to create a one-page business plan, how long should a business plan be, what is a business plan outline, what are the 5 most common business plan mistakes, what questions should be asked in a business plan, what’s the difference between a business plan and a strategic plan, how is business planning for a nonprofit different.

THE SBDC NATIONAL INFORMATION CLEARINGHOUSE SERVING THE SMALL BUSINESS DEVELOPMENT CENTER NETWORK AND AMERICA’S SMALL BUSINESS COMMUNITY.

business plan on business center

Business Plan

  • Last Updated: December 21, 2021

Business plan development

A well thought out and researched business plan is the cornerstone to starting and running a business. Sound business plans can help you obtain financing, identify key milestones, and provide benchmarks to monitor progress toward your goals.

Be sure to check out the free or low-cost training opportunities, plus free professional business advising, from your local Small Business Development Center !

Get Your Free Business Plan from our collection of over 800 business plans listed below!

Updated January 10 th , 2022

How to Write a Business Plan

The following are the nine sections of a traditional business plan identified by the SBA :

  • Executive summary
  • Company description
  • Market analysis
  • Organization and management
  • Service or product line
  • Marketing and sales
  • Funding request
  • Financial projections

The following are resources to help you develop your own business plan:

  • How to Write a Business Plan – from the SBA Learning Center , this free course explains the importance of business planning, defines and describes the components of a business plan to help you develop your own.
  • Business plan template – review of two formats and their content from SBA.
  • Build Your Business Plan – this SBA tool provides you with a step-by-step guide to help you get started.
  • Developing a Successful Business Plan – In this webinar business planning expert Tim Berry helps entrepreneurs and small businesses better understand how to create a business plan
  • Business Plan Outline – An in-depth look at how to create an individualized business plan with tools to make it easy.
  • How to Write a Business Plan – A step by step guide to writing a successful business plan.
  • Shopify – This comprehensive guide walks you through the nuts and bolts of writing your very own business plan.
  • How to Write a Business Plan in 8 Simple Steps – A step by step guide with in-depth information on writing each section of a business plan.
  • How to Write a Business Plan for Funding – A how-to guide on what is needed for a business plan to present to would-be investors and lenders.
  • Business Plan Checklist – Keep yourself on track while writing your business plan.

Where to Find a Business Plan

  • Score – Business planning, finance, sales, marketing, and management templates & guides.
  • Bplans – Bplans.com contains the largest single collection of free sample business plans online as well as helpful tools and know-how for managing your business.
  • Business Plan Handbook – Reference for Business/Advameg contains the first 11 volumes of the Business Plan Handbook series, a compilation of business plans for small businesses.
  • The Finance Resource – Free online business plan samples
  • More Business – Free online sample business plans for various industries.
  • Klariti – Online templates, checklists, forms, and tutorials for entrepreneurs.

Business Plan Templates – an Alphabetized List

The following is a collection of sample business plans. Many of the business plan samples are provided by Palo Alto Software, the Makers of Business Plan Pro . Individuals working with their local SBDC , may receive a discount code for business plan software from participating SBDCs. You may use your promo code to set up your own LivePlan account using the SBDC discount .

  • 3D Printing Service
  • Accounting and Bookkeeping
  • Accounting (Automated)
  • Accounting Firm
  • Acupuncture Clinic
  • Advertising Agency
  • Advertising Consulting
  • Affiliate Marketing Website
  • Agricultural Consultants
  • Agriculture Farm
  • Agriculture Fruit Farm
  • Aircraft Equipment Maker
  • Aircraft Rental Instruction
  • Air Ground Supplier
  • Airline Business
  • Airline Charter Company
  • Airport Shuttle
  • Airport Taxi
  • Alpaca Farm
  • Ambulance Service
  • Amusement Park
  • Animal Day Care
  • Antique Store
  • Apartment Complex
  • Apartment Rental Website
  • Apparel Designer
  • Aquarium Services
  • Architectural Engineering
  • Architecture Firm
  • Army Navy Store
  • Art Film Theater
  • Art Gallery
  • Artificial Flowers Import
  • Art Packaging Installation
  • Art Sales Custom Framing
  • Art School Gallery
  • Art School Museum
  • Art Supply Store and Gallery
  • ASP B2B Technology
  • Assisted Living Facility
  • Astrology Tarot Card
  • Athletic Shoe Store Franchise
  • ATM Company
  • Attorney Employment Agency
  • Au Pair Agency
  • Auction House
  • Auditing and Consulting
  • Auto Inspection Company
  • Auto Inspectors
  • Auto Finance Company
  • Auto Parts Store
  • Auto Repair Service
  • Automobile Parts (Export)
  • Automobile Restoration
  • Automotive Dealer
  • Automotive Repair Shop
  • Baby Boutique
  • Bail Bonding Company
  • Banquet Hall
  • Bar and Tavern
  • Barber Shop
  • Bartending School
  • Baseball Batting Cages
  • Basketball Camp
  • Batting Cages
  • Beauty Salon
  • Bed and Breakfast
  • Bed and Breakfast – Caribbean
  • Bed and Breakfast Inn
  • Benefits Administration
  • Beverage Distributor
  • Beverage Machine Rental
  • Beverage Manufacturer
  • Bicycle Art
  • Bicycle Shop (Retail)
  • Biodiesel Plant
  • Boarding School
  • Boat and Yacht Dealer
  • Boat Storage Facility
  • Booking Agency
  • Bookkeeping Practice
  • Bowling Alley
  • Bowling Entertainment Center
  • Bridal Gown Shop
  • Bridal Shop
  • Business Analysis Publishing
  • Business Brokerage
  • Business Development
  • Business Support Insurance
  • Business Valuation Expert
  • Butcher Shop
  • Cabinet Contractor
  • Cable TV Installer
  • Cafe Bistro Coffeehouse
  • Call Center
  • Candle Making
  • Candy Store
  • Car Audio Store
  • Car Parts Store
  • Car Rental Agency
  • Car Wash (Self-service)
  • Career Counselor
  • Carpentry Contractor
  • Carpet Cleaner
  • Cash Flow Note Buyer
  • Cash for Gold Store
  • Catering and Ballroom Rental
  • Catering Company
  • Cell Phone Store
  • Cell Phones Retailer
  • Charter School
  • Check Cashing Store
  • Cheese Shop
  • Chemical Laboratory
  • Chicken Farm
  • Child Day Care Services
  • Children’s Center
  • Children’s Play Program
  • Children’s Website
  • Chinese Restaurant
  • Chiropractic Business
  • Chiropractic Practice
  • Christmas Store
  • Cigar Manufacturing
  • Classified Ads Website
  • Cleaning Services
  • Clothing E-commerce Site
  • Clothing Manufacturer
  • Clothing Retail
  • Clothing Store
  • Cloud Computing Service
  • Coffee Distribution
  • Coffee Export
  • Coffee Kiosk
  • Coffee Roaster
  • Coffeehouse
  • Comic Book Store
  • Commercial Bank
  • Commercial Catalog Sales
  • Commercial Contractor
  • Commercial Diving Service
  • Commodities Trading Firm
  • Computer Consulting
  • Computer Hardware Reseller
  • Computer Laser Accessories
  • Computer Repair
  • Computer Repair Service
  • Computer Software
  • Computer Software Retailer
  • Computer Support
  • Computers Reseller
  • Concert Promoter
  • Concierge Service
  • Construction
  • Construction Carpenter
  • Construction Inspection
  • Construction Irrigation
  • Construction Manufacturer
  • Construction Repair
  • Consulting Firm
  • Consulting Seminars
  • Convenience Store
  • Convenience Store Cafe
  • Convenience Store Gas Station
  • Convenience Store Soda Fountain
  • Corporate Trainer
  • Cosmetic Herbal Sundries
  • Cosmetics Retailer
  • Cosmetology (Beauty) School
  • Countertop Installation Service
  • Country Club
  • Courier Service
  • Court Reporting Service
  • Credit Monitoring Service
  • Credit Repair Service
  • Crowdfunding Website
  • Cruise Ship
  • Cultural Consulting Firm
  • Cupcake Store
  • Currency Exchanger
  • Custom Pottery
  • Custom Printed T-Shirts
  • Dance Studio
  • Data Recovery
  • Data Recovery Service
  • Database Software
  • Day Care Center
  • Debt Collection Agency
  • Debt Consolidation Service
  • Decorative Pottery
  • Defense Contractor
  • Deli Restaurant
  • Delicatessen and Bakery
  • Demolition Company
  • Dental Clinic
  • Dental Laboratories
  • Dental Laboratory
  • Dental Office
  • Department Store
  • Dessert Bakery
  • Diabetic Supply Company
  • Diamond Retailer
  • Diamond Wholesaler
  • Diaper Manufacturer
  • Dinner Theater
  • Dinner Train
  • Direct Mail Service
  • Display Case Marketing
  • Document Shredding
  • Dog and Cat Kennel
  • Dog Groomer and Kennel
  • Dog Obedience School
  • Dollar Store
  • Drapery Fabricator
  • Driving School
  • Drug Rehab Center
  • Dry Cleaner
  • Dry Cleaning Home Delivery
  • Drywall Installer
  • E-commerce Fabric Store
  • E-commerce Fire Rescue Equipment
  • E-commerce Start-up
  • E-Commerce Website
  • Educational Software K-12
  • Electrical Contractor
  • Electronic Engineering
  • Electronic Filing Storage
  • Electronics Repair Shop
  • Electronics Retailer
  • Embroidery Shop
  • Emergency Shelters
  • Energy Conservation
  • Engineering Business
  • Engineering Consulting
  • Engineering Firm
  • Environmental Car Dealership
  • Environmental Laboratory
  • Equipment Leasing Broker
  • Equipment Rental Sales
  • Escort Agency
  • Escrow Service
  • Ethnic Food Import
  • Ethnic Food Restaurant
  • Event Planner
  • Exec Employment Agency
  • Export Watch Manufacturer
  • Exterminator Service
  • Eye Surgery Equipment Maker 
  • Family Medicine Clinic
  • Farmer’s Market
  • Fashion Consultant
  • Fast Food Restaurant
  • Film Production Company
  • Financial Planner
  • Financial Planning
  • Financial Website
  • Fine Dining Restaurant
  • Fireworks Store
  • Fish and Tackle Shop
  • Fish Breeder
  • Fishing Equipment
  • Fishing Supplies and Fly Shop
  • Fitness Center and Gym
  • Flea Market
  • Flight School
  • Flower Shop
  • Food Preparation
  • Foreclosure Advisory
  • Formwork Construction
  • Franchise System
  • Franchised Restaurant
  • Frozen Custard Shop
  • Freight Brokerage
  • Fundraising Company
  • Funeral Home
  • Furniture Manufacturer
  • Furniture Store
  • Garden Products Recycling
  • Gas Station
  • Genealogy Service
  • General Contractor
  • General Freight Trucking
  • Gift Basket
  • Gift Basket Company
  • Gift Card Distributor
  • Global Event Planning
  • Global Marketing
  • Go Kart Track
  • Gold Trading Company
  • Golf Course
  • Golf Driving Range
  • Golf Pro Shop
  • Gourmet Coffee Shop
  • Gourmet Food Store
  • Grant Search Company
  • Graphic Design
  • Graphic Design Company
  • Gravel Rock Products
  • Green Energy Products
  • Greeting Card Maker
  • Grocery Store
  • Gun Shooting Range
  • Gymnastics Center
  • Hair and Nail Salon
  • Hair Replacement and Salon
  • Halloween Shop
  • Handyman Maintenance
  • Hardware Retail Franchise
  • Hardware Store
  • Hardwood Floor Refinisher
  • Haunted House
  • Health Club
  • Health Plan Administration
  • Healthy Restaurant
  • Hearing Testing Systems
  • Heavy Equipment Maker
  • Heavy Equipment Rental
  • High-Tech Marketing
  • Holding Company
  • Home Health Care
  • Home Healthcare Agency
  • Home Inspection Service
  • Home Oxygen Delivery
  • Home Real Estate Inspection
  • Horse Boarding Real Estate
  • Horse Reseller
  • Horse Training
  • Hotel and Resort
  • Houseboat Rental
  • Human Resources Consulting
  • Hunting Supply Store
  • HVAC Contractor
  • Hydroponics Farm
  • I.D. Verification Technology
  • Ice Cream Shop
  • Ice Skating Rink
  • Import Export Company
  • Independent Video Store
  • Indoor Soccer Facility
  • Infomercial Company 
  • Information Technology
  • Infusion Therapy Pharmacy
  • Inline Skating Products
  • Insurance Agency
  • Insurance Industry Support Services 
  • Insurance Premium Finance
  • Integrated Communications
  • Interior Decorator
  • Interior Design
  • Interiors Contractor 
  • International IT Consulting
  • International Travel Agency
  • Internet ASP
  • Internet Cafe
  • Internet Court Documents
  • Internet Marketing Firm
  • Internet Media Advertising
  • Internet Service Provider
  • Inventory Control Software
  • Investing Club
  • Investment Bank
  • Investment Website
  • Irish Pub Bar
  • IT Consulting Firm
  • Italian Renaissance Theme Restaurant
  • Italian Restaurant
  • Janitorial Service
  • Janitorial Services
  • Jet Ski Rental 
  • Jewelry Store
  • Juice and Smoothie Bar 
  • Karaoke Bar
  • Karaoke Bar & Bowling Alley
  • Landscape Contractor
  • Laser Tag Facility
  • Laser Tag Gaming Center
  • Laundry Mat
  • Law Practice
  • Lawn and Garden Services
  • Lead Generation Website
  • Lift Bed Manufacturer
  • Limousine Service
  • Limousine Taxi
  • Lingerie Shop
  • Lingerie Store
  • Liquor Store
  • Loan Brokerage
  • Machine and Lathe Shop
  • Machine Tooling
  • Magazine Publisher
  • Maid and Cleaning Service
  • Mail Order Returns
  • Marketing Strategy
  • Martial Arts School
  • Masonry Contractor
  • Massage Products
  • Massage Therapist
  • Maternity Clothing
  • Maternity Clothing Store
  • Mattress Store
  • Medical Billing
  • Medical Billing Company
  • Medical Equipment
  • Medical Equipment Developer
  • Medical Internet Marketing
  • Medical Laboratory
  • Medical Language Translation
  • Medical Practice
  • Medical Scanning Lab
  • Medical Software
  • Medical Transcription
  • Medicine Dispenser
  • Mediterranean Restaurant
  • Membership Social Events
  • Men’s Salon
  • Mexican Restaurant
  • Microbrewery
  • Midwife Service
  • Miniature Golf Course
  • Mining Software
  • MLM Cleaning Products
  • MLM Water Filter
  • Mobile Car Detailing
  • Mobile Home Manufacturer
  • Mobile Home Park
  • Mobile Oil Change
  • Mopeds Rental
  • Mortgage Broker
  • Mortgage Brokerage
  • Motel – Hunting Lodge
  • Motorcycle Dealer
  • Motorcycle Shop
  • Movie Theater
  • Multi-Sport Complex
  • Music Festival
  • Music Recording Distribution
  • Music Recording Producer
  • Musical Instrument Store
  • Mutual Fund
  • Nightclub Saloon
  • Nightclub, Dance Classes
  • Nonprofit Business Plans
  • Nonprofit Food Bank
  • Nonprofit Law Firm
  • Nonprofit Recording Co-op
  • Nonprofit Trade Association
  • Not for Profit Organization
  • Nurse Practitioner
  • Nursing Home
  • Nutritionist Practice 
  • Occupational Health
  • Office Consulting
  • Office Equipment Rental
  • Office Furniture Manufacturer
  • Office Supply Store
  • Oil Company
  • Online Auction Website
  • Online Booking
  • Online Casino
  • Online Clothing Store
  • Online Data Storage
  • Online Dating Website
  • Online Print Shop
  • Online School
  • Optometry Practice
  • Organic Restaurant
  • Outdoor Gear Designer
  • Outpatient Surgical Center
  • Outsourced Call Center
  • Outsourced Computer Support
  • Pack and Ship Store
  • Packaging and Shipping
  • Pain Management Clinic
  • Paintball Facility
  • Paintball Store and Field
  • Painting Contractor
  • Painting Contractors
  • Pallet Manufacturer
  • Paralegal Firm
  • Parenting Center
  • Parking Garage
  • Party Equipment Rental
  • Pasta Italian Restaurant
  • Pasta Manufacturer
  • Patent Agent
  • Paternity Testing Clinic
  • Patient Advocacy Service
  • Payday Lender
  • Payroll Service Company
  • Performance Auto Shop
  • Personal Event Planning
  • Personal Shopper
  • Personal Shopping Services
  • Personnel Management
  • Pet Photography
  • Pet Products Manufacturer
  • Pet Supplies
  • Pharma Sales Company
  • Photo Booth Company
  • Photography Studio
  • Physical Fitness Gym
  • Physical Therapy Massage
  • Physical Therapy Practice
  • Pie Restaurant
  • Pilates Studio
  • Pizza Delivery
  • Pizza Restaurant
  • Pizzeria Franchise
  • Plant Nursery
  • Plastics Recycling
  • Plumbing Contractor
  • Podiatry Practice
  • Polygraph Service
  • Pool Cleaning Service
  • Pool Table Store
  • Portrait Photographer
  • Pottery Store
  • Poultry (Chicken) Farm
  • Powder Coating Service
  • Power Plant
  • Power Washing Service
  • Print Brokerage
  • Print Services Broker
  • Private Equity Firm
  • Private Investigator
  • Private Placement Broker
  • Process Serving Service
  • Promotional Products Maker
  • Property Appraiser
  • Property Management Firm
  • Psychology Practice
  • Public Relations
  • Public Relations Firm
  • Quick Lube Oil Change
  • Quilt Artist (Custom)
  • Radio Station
  • Radiology Center
  • Real Estate Brokerage
  • Real Estate Developer
  • Real Estate Property Management
  • Real Estate Website
  • Record Label
  • Recording Studio
  • Recreation Center
  • Recycling Center
  • Recycling Waste Materials
  • Regional Airline
  • Reiki Practitioner
  • Religious Coffeeshop
  • Rent to Own Store
  • Rental Remodeling
  • Repo Company
  • Residential Remodeling
  • Resort Hotel Ski Lodge
  • Restaurant Business Plan List (Several Types)
  • Retail Property Sub-leasing
  • Retail Tennis Shop
  • Rock Climbing Gym
  • Roller Skating Rink
  • Roofing Contractor
  • Salsa Manufacturer
  • Salvage Company
  • Sandwich Shop
  • Sandwich Shop (franchise)
  • Satellite Communications
  • Scholarship Consulting
  • School Bus Operator
  • School Fundraising
  • Scrapbooking Store
  • Scrapbooking Supply Store
  • Scuba Supply Store
  • Security Guard Service
  • Security System Company
  • Self-Storage
  • Self Storage Facility
  • Seminars Company
  • SEO Company
  • Septic Tank Contractor
  • Shared Office Building
  • Shaved Ice Beverage
  • Sheet Metal Fabricator
  • Shipment Monitoring
  • Sightseeing Bus Tours
  • Singles Bar
  • Skate Park Skiing
  • Skateboard Shop
  • Skydiving Service
  • Slaughter House
  • Small Engine Repair
  • Snow Plow Service
  • Soap Manufacturer
  • Soccer Club
  • Social Networking Website
  • Soft Pretzel Shop
  • Software Developer
  • Software Publisher
  • Software Testing
  • Solar Energy Farm
  • Solar Panel Installation
  • Solar Water Heater Distributor
  • Soup Kitchen
  • Soybean Farm
  • Specialty Baker
  • Speech Therapist
  • Sporting Goods Store
  • Sports Agency
  • Sports Equipment Cafe
  • Sports Medical Equipment
  • Sports Memorabilia
  • Sports Memorabilia Store
  • Sprinkler Installation
  • Staffing Agency
  • Stained Glass Gallery
  • Stationery Store
  • Steak Buffet Restaurant
  • Structured Settlement
  • Summer Camp
  • Surf Clothing and Sportswear
  • Surgery Practice
  • Surgical Medical Equipment
  • Surveyor Instrument
  • Sushi Restaurant
  • Talent Agency
  • Tanning Salon
  • Tapas Restaurant
  • Tattoo Parlor
  • Tattoo Removal Service
  • Tattoo Shop
  • Tax Preparation Company
  • Taxi Business
  • Taxi Cab Service
  • Taxidermy Service
  • Teachers’ Employment Agency
  • Telemarketing Company
  • Telemarketing Consultants
  • Test Preparation
  • Theatre Production
  • Theatrical Music Producer
  • Thrift Shop
  • Tires and Rims Shop
  • Title Insurance Company
  • Title Loan Company
  • Tobacco Retail Business
  • Tourism Website Services
  • Tracking Device Maker
  • Trade Association
  • Travel Agency
  • Travel Agency – Upscale
  • Tree Removal Service
  • Trophy Store
  • Trucking Company
  • T-Shirt Company
  • Tutoring Service
  • Tuxedo Rental Service
  • Uniform Supply Company
  • Used Book Store
  • Used Car Dealer
  • Used Sports Equipment Store
  • Vacuum Cleaner Store
  • Vending Machine Company
  • Vending Services
  • Venture Capital Firm
  • Veterinary Clinic
  • Video Documentation Service
  • Video Game Store
  • Video Gaming Center
  • Video Production Company
  • Video Television Production
  • Vinyl Record Store
  • Virtual Secretary
  • Vitamin Shop
  • Voice Recognition Software
  • VoIP Company
  • Waste Management
  • Water Purification
  • Web Development Firm
  • Web Hosting Company
  • Wedding Consultant
  • Wedding Planner
  • Weight Loss Center
  • Weight Loss Seminars
  • Welding Service and Supply
  • Wholesale Bicycle Distributor
  • Wholesale Juice
  • Wi-Fi Kiosk
  • WiFi Kiosks
  • Window Cleaning Service
  • Windshield Repair Service
  • Wine Distributor
  • Wireless DataComm
  • Women’s Clothing Boutique
  • Women’s Shoe Store
  • Wood Pellet Manufacturer
  • Word Processing Service
  • Workout Gym
  • Wrestling Entertainment
  • Yacht Charter Service
  • Yoga Center
  • Yoga Studio

Additional Small Business Resources

Already in business or thinking about starting your own small business? Check out our various small business resources:

  • View more small business help topics here: Small Business Information Center
  • View business reports here: Small Business Snapshots
  • View industry-specific research here: Market Research Links

Remember, you can also receive free professional business advice and free or low-cost business training from your  local Small Business Development Center !

  • business management , Business Plans , business research , business resources , entrepreneurship , managing your small business , market research , sbdc , sbdc advisor , small business , small business help , small business help topics , small business resources

Business Advising?

Economic study, market research.

business plan on business center

Contact Information

Address: 501 W. Cesar E. Chavez Blvd. San Antonio, Texas 78207

Phone: 1-800-689-1912

business plan on business center

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.

U.S. Government Links

  • Small Business Administration
  • GobiernoUSA.gov
  • GSA Small Business Utilization

Policies and Notices

  • Website Policies
  • Accessibility Statement
  • Privacy Policy
  • Open Government Initiative
  • Freedom of Information Act

Copyright © 2024 SBDCNet

  • Terms and Conditions

FREE Webinar:

New Feature - Industry Data & Insights Register Now

Tool graphics

0 results have been found for “”

 Return to blog home

How to Write a Detailed Business Plan Step-by-Step [Free Template]

Posted july 17, 2024 by noah parsons.

Illustration of a stylized book connected to abstract lines and dots representing a network or circuitry on a green background. Representative of writing a detailed business plan.

Writing a business plan is one of the most valuable things you can do for your business. 

Study after study proves that business planning significantly improves your chances of success by up to 30 percent 1 . That’s because the planning process helps you think about all aspects of your business and how it will operate and grow.

Ready to write your own detailed business plan? Here’s everything you need ( along with a free template ) to create your plan.

Before you write a detailed business plan, start with a one-page business plan

Despite the benefits of business planning , it’s easy to procrastinate writing a business plan. 

Most people would prefer to work hands-on in their business rather than think about business strategy . That’s why, if you’re writing a business plan for the first time, we recommend you start with a simpler and shorter one-page business plan.

With a one-page plan, there’s no need to go into a lot of details or dive deep into financial projections—you just write down the fundamentals of your business and how it works. 

A one-page plan should cover:

  • Value proposition
  • Market need
  • Your solution

Competition

Target market.

  • Sales and marketing
  • Budget and sales goals
  • Team summary
  • Key partners
  • Funding needs

A one-page business plan is a great jumping-off point in the planning process. It’ll give you an overview of your business and help you quickly refine your ideas.

Check out our guide to writing a simple one-page business plan for detailed instructions, examples, and a free downloadable template .

business plan on business center

When do you need a more detailed business plan?

While I will always recommend starting with the one-page plan format, there are times when a more detailed plan is necessary:

  • Flesh out sections of your plan: You need to better understand how your marketing, operations, or other business functions will operate.
  • Build a more detailed financial forecast: A one-page plan only includes a summary of your financial projections. A detailed plan includes a full financial forecast, including a profit and loss statement, balance sheet, and cash flow forecast to better measure performance.
  • Prepare for lenders and investors: While they may not read the full plan, any investor will ask in-depth questions that you can only answer by spending time writing a detailed business plan.
  • Sell your business: Use your business plan as part of your sales pitch, and show potential buyers all the details of how your business works.

How to write a detailed business plan

Let’s walk through writing a detailed business plan step-by-step and explore an example of what a finished business plan (for a local swim club Pools & Laps) built with LivePlan’s business plan builder looks like.

1. Executive summary

Yes, the executive summary comes first in your plan, but you should write it last—once you know all the details of your business plan. 

It is just a summary of your full plan, so be careful not to be too repetitive—keep it between one or two pages and highlight: 

  • Your opportunity: This summarizes what your business does, what problem it solves, and who your customers are. This is where you want readers to get excited about your business
  • Your team: For investors, your business’s team is often even more important than what the business is. Briefly highlight why your team is uniquely qualified to build the business and make it successful.
  • Financials: What are the highlights of your financial forecast ? Summarize your sales goals, when you plan to be profitable, and how much money you need to get your business off the ground.

For existing businesses, write the executive summary for your audience—whether it’s investors, business partners, or employees. Think about what your audience will want to know, and just hit the highlights.

business plan on business center

2. Opportunity

The “opportunity” section of your business plan is all about the products and services that you are creating. The goal is to explain why your business is exciting and the problems that it solves for people. You’ll want to cover:

Problem & solution

Every successful business solves a problem for its customers. Their products and services make people’s lives easier or fill an unmet need in the marketplace. 

In this section, you’ll want to explain the problem that you solve, whom you solve it for, and what your solution is. This is where you go in-depth to describe what you do and how you improve the lives of your customers.

Problem Worth Solving section for Pools & Laps Club. It identifies issues such as limited capacity in local swim programs and lack of coaching expertise for higher-level competition. The club aims to address these problems for families and competitive swimmers.

In the previous section, you summarized your target customer. Now you’ll want to describe them in much greater detail. You’ll want to cover things like your target market’s demographics (age, gender, location, etc.) and psychographics (hobbies and other behaviors). 

Ideally, you can also estimate the size of your target market so you know how many potential customers you might have.

business plan on business center

Every business has competition , so don’t leave this section out. You’ll need to explain what other companies are doing to serve your customers or if your customers have other options for solving the problem you are solving. 

Explain how your approach is different and better than your competitors, whether it’s better features, pricing, or location. Explain why a customer would come to you instead of going to another company. 

business plan on business center

3. Execution

This section of your business plan dives into how you will accomplish your goals. While the Opportunity section discussed what you’re doing, you now need to explain the specifics of how you will do it.

Marketing & sales

What marketing tactics will you use to get the word out about your business? You’ll want to explain how you get customers to your door and what the sales process looks like. For businesses with a sales force, explain how the sales team gets leads and what the process is like for closing a sale.

business plan on business center

Depending on the type of business that you are starting, the operations section needs to be customized to meet your needs. If you are building a mail-order business, you’ll want to cover how you source your products and how fulfillment will work.

If you’re building a manufacturing business, explain the manufacturing process and the necessary facilities. This is where you’ll talk about how your business “works,” meaning you should explain what day-to-day functions and processes are needed to make your business successful.

business plan on business center

Milestones & metrics

So far, your business plan has mostly discussed what you’re doing and how you will do it. 

The milestones and metrics section is all about timing. Your plan should highlight key dates and goals that you intend to hit. 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 : the numbers you will track to determine your success.

business plan on business center

The Company section of your business plan should explain your business’s overall structure and the team behind it.

Organizational structure

Describe your location, facilities, and anything else about your physical location relevant to your business. You’ll also want to explain the legal structure of your business—are you an S-corp, C-corp, or an LLC? What does company ownership look like?

business plan on business center

Arguably one of the most important parts of your plan when seeking investment is the “Team” section. This should explain who you are and who else is helping you run the business. Focus on experience and qualifications for building the type of business that you want to build. 

It’s OK if you don’t have a complete team yet. Just highlight the key roles that you need to fill and the type of person you hope to hire for each role.

business plan on business center

5. Financial plan and forecasts

Your business plan now covers the “what,” the “how,” and the “when” for your business. Now it’s time to talk about money. 

Financial forecasts

What revenue do you plan on bringing in, and when? What kind of expenses will you have? How much cash will you need?

These are the types of questions you’ll answer by creating detailed forecasts. Don’t worry about getting it perfect, these are just educated guesses. Your goal is to get numbers down that seem reasonable so you can review and revise financial expectations as you run your business. 

You’ll want to cover sales , expenses , personnel costs , asset purchases, cash , etc, for at least the first 12 months of your business. If you can, also create educated guesses for the following two years in annual totals. 

If you intend to pursue funding, it’s worth noting that some investors and lenders might want to see a five-year forecast. For most other cases, three years is usually enough.

business plan on business center

If you’re raising money for your business, the Financing section is where you describe how much you need. Whether you’re getting loans or investments, you should highlight what and when you need it. 

Ideally, you’ll also want to summarize the specific ways you’ll use the funding once you have it. 

For more specifics, check out our write-up explaining what to include in your business plan for a bank loan .

business plan on business center

Historical Financial statements

If your business is up and running, you should also include your profit and loss statement , balance sheet , and cash flow statement . These are the historical record of your business performance and will be required by lenders, investors, and anyone considering buying your business. 

If you don’t want lengthy financial statements overwhelming this section of your business plan, you can just include the most recent statements and include the rest within your appendix.

Projected Profit and Loss table for FY2023 to FY2025 for Pools & Laps Club. It includes revenue, gross profit, gross margin, operating expenses, and operating income. Salaries, rent, insurance, travel, equipment, event expense, and other costs are detailed.

6. Appendix 

The final section of your business plan is the appendix . Include detailed financial forecasts here and any other key documentation for your business. 

If you have product schematics, patent information, or any other details that aren’t appropriate for the main body of the plan but need to be included for reference.

Tips to write a detailed business plan

Keep it brief.

You may not be limited to one page, but that doesn’t mean you need to write a novel. Keep your business plan focused using clear, plain language and avoiding jargon. Make your plan easier to skim by using short sentences, bulleted lists, and visuals. Remember, you can always come back and add more details.

Related Reading: 7 tips to make a high-quality business plan  

Start with what you know

Don’t worry about following a strict top-to-bottom approach. Instead, build momentum by starting with sections you know well. This will help you get information down and ultimately make you more likely to complete your business plan. 

Set time limits

You don’t have to write your business plan in one sitting. It may be more valuable to set a time limit, see how much you get done, and return to it again in another session. This will keep you focused and productive and help you fit plan writing into your other responsibilities.

Reference business plan examples

Real-world business plan examples from your industry can provide valuable insights into how others have successfully presented their ideas, strategies, and financials. Exploring these examples can inspire your own approach and offer practical guidance on what to include and how to tailor it to your specific needs.

Just be sure not to copy and paste anything.

Prioritize sections that really matter

When writing a detailed business plan, focus on the parts most important to you and your business. 

If you plan on distributing your plan to outsiders, you should complete every section. But, if your plan is just for internal use, focus on the areas that will help you right now.

Download a free business plan template

Are you ready to write your detailed business plan? Get started by downloading our free business plan template . With that, you will be well on your way to a better business strategy, with all of the necessary information expected in a more detailed plan.

If you want to improve your ability to build a healthy, growing business, consider LivePlan.

It’s a product that makes planning easy and features a guided business plan creator , drag-and-drop financial forecasting tools , and an AI-powered LivePlan Assistant to help you write, generate ideas, and analyze your business performance. 

Use your detailed business plan to grow your business

Your business plan isn’t just a document to attract investors or close a bank loan. It’s a tool that helps you better manage and grow your business. And you’ll get the most value from your business plan if you use it as part of a growth planning process . 

With growth planning, you’ll easily create and execute your plan, track performance, identify opportunities and issues, and consistently revise your strategy. It’s a flexible process that encourages you to build a plan that fits your needs.  

So, whether you stick with a one-page plan or expand into a more detailed business plan—you’ll be ready to start growth planning.

Sources in this article

  • Parsons, Noah. “Do You Need a Business Plan? This Study Says Yes” Bplans: Free Business Planning Resources and Templates , 10 May 2024, www.bplans.com/business-planning/basics/research .

Like this post? Share with a friend!

Noah Parsons

Noah Parsons

Posted in business plan writing, join over 1 million entrepreneurs who found success with liveplan, like this content sign up to receive more.

Subscribe for tips and guidance to help you grow a better, smarter business.

You're all set!

Exciting business insights and growth strategies will be coming your way each month.

We care about your privacy. See our privacy policy .

Free business plan template for small businesses. Updated for 2024.

Free Business Plan Template for Small Businesses

Business planning can feel complicated. it doesn't have to be. start putting pen to paper today with your free business plan template download..

Available formats:

Google Icon

Downloads: 954,817

Our free template includes:

business plan on business center

Fill-in-the-blanks simplicity

You don't need to be an expert. This business plan template makes business planning easy.

business plan on business center

All 100% free. We're here to help you succeed in business, no strings attached.

A screenshot of the cover page for a business plan template. The page is titled

Why you need a business plan template

Writing a business plan can seem like a big task, especially if you’re starting a business for the first time and don’t have a financial background. After all, business plans have changed over the years, and what lenders and investors expect now is different than it was even just 10 years ago.

But using a free business plan template will help you:

  • Develop a strategy for success
  • Reduce the risk of starting a business
  • Explore new business ideas
  • Attract investors and get funding

Learn more about how you can get value out of your business plan and click the link above to download your free template.

What is included in this free business plan template?

This downloadable business plan template includes definitions, guidance, and examples for every business plan component needed to start, fund, and grow your business. Here are the sections covered in this download .

Executive summary

The brief summary of your business plan introduces everyone to your business, the problem you solve, and what you’re asking from your readers. It’s the first chapter of your business plan and the last thing you write once you have the details from your full plan.

  • Company Purpose / Mission Statement : Briefly describe the business purpose or mission.
  • Problem We Solve : Summarize the market need or problem addressed.
  • Our Solution : Describe the product or service offered.
  • Target Market : Identify the primary customer base.
  • Team : Outline key team members.
  • Financial Summary : Provide a brief overview of financial goals.
  • Traction : Highlight initial sales or milestones.
  • Funding Needed : Specify capital requirements if seeking funding.

Problem & solution

More than a simple description of your products and services – here you define the problem you’re solving and the value you provide. It’s also your chance to showcase any initial traction that shows you’re on the right track.

  • Problem Worth Solving : Detailed description of the customer problem.
  • Our Solution : Detailed description of the product or service.
  • Traction : Evidence of market interest, such as sales or contracts.
  • Intellectual Property/Patents : Outline any relevant IP or patents.
  • Regulatory Requirements : Details on necessary government approvals.
  • Future Products and Services : Potential future offerings.

Market analysis and target market

A detailed assessment of the market you intend to enter, including the size and value of the market, potential customer segments, and their buying patterns.

  • Market Size & Segments : Define the size and characteristics of your target market.
  • Market Trends : Consumer behavior and financial trends.
  • Market Growth : Potential market size changes.
  • Industry Analysis : Describe industry changes or trends.
  • Key Customers : Identify any major customers.
  • Future Markets : Potential market opportunities and strategy.

Competition

Show that you know who your competitors are, what advantages you have, and how you’re positioning your business to be competitive.

  • Current Alternatives : Identify competitors in the market.
  • Our Advantages : Describe strategic advantages over competitors.
  • * Barriers to Entry (Optional): Discuss any barriers preventing new competition.

Marketing & sales

Describe how you’ll reach and sell to potential customers with a detailed sales plan and chosen marketing channels.

  • Market Positioning : Define where your product or service fits in the market.
  • Marketing Plan : Outline the strategy for reaching your target market.
  • Sales Plan : Explain the sales strategy.
  • Unique Value Proposition : What makes your offering unique.
  • Pricing Strategy : Pricing compared to market alternatives.
  • Distribution : How your product/service will reach customers.
  • SWOT Analysis : Strengths, weaknesses, opportunities, and threats.

What makes your business run? Outline the day-to-day workflows and what needs to be set up for your business to deliver a product or service.

  • Location & Facilities : Describe physical locations and facilities.
  • Technology : Key technology crucial for the business.
  • Equipment & Tools : Special equipment or tools required.
  • Sourcing and Fulfillment : Description of sourcing and supply chain.
  • Partners and Resources : Key partners and their contributions.

Milestones & metrics

Set goals for your business that include the dates and people responsible for accomplishing them. This is what you’ll use to manage responsibilities, track growth, and execute your larger strategy.

  • Milestones : Specific goals and objectives with a timeline.
  • Key Metrics : Performance indicators to gauge business health.

Company overview and team

Provide a brief rundown of the legal and structural components of your company, including your history, current team, and gaps you need to fill.

  • Organizational Structure : Overview of the legal structure.
  • Company History and Ownership : Brief history and ownership details.
  • Management Team : Key team members and their qualifications.
  • Management Team Gaps : Key positions needed for success.

Financial plan

Create well-structured and accurate financial statements to help you pitch to investors, land funding, and achieve long-term success. All without the help of a financial advisor or a degree in accounting.

  • Projected Profit and Loss : Expected revenue, costs, and profitability.
  • Projected Cash Flow : Cash inflows, outflows, and overall position.
  • Projected Balance Sheet : Expected assets, liabilities, and equity balances.
  • Use of Funds : Allocation of funds if raising capital.
  • Exit Strategy : Plan for eventual business exit.

While not required, this last section of your business plan is a great place to drop in additional documents that support and strengthen the rest of your plan.

How do you write a simple business plan?

If you’re exploring a business idea and don’t plan to pursue funding, then you actually don’t need to write a traditional business plan. Instead, opt for a one-page plan , which is far easier to create but just as effective.

To write a simple one-page business plan, follow the same core sections as a traditional plan. But instead of lengthy paragraphs and multiple pages covering each area of your business, stick with single sentences and bulleted lists.

If a one-page plan sounds like a better option, download our free simple one-page business plan template to get started.

Start your business plan today

Whether you're writing a business plan to validate your business idea, secure funding, or grow your existing business – our free business planning template will help you achieve your goals.

Woman smiling with graphics overlayed

Business plan template FAQ

What file formats are available for this business plan template?

Our business plan template can be downloaded in a number of common file formats including Google Docs, Microsoft Word (doc.x), or as a free business plan PDF .

Can you print out this template for a business plan?

This is a printable template—no matter if you download it as a pdf or word document, or access via Google Docs. The business plan template is pre-formatted and structured to fit lender and investor standards, but can be edited and adjusted to suite your needs before printing. Just be aware that any changes may unintentionally break the template, so make sure to review before printing.

Why should I start with a business plan template?

You should start with a good business plan template (like this one) to avoid having to make guesses about what to include in your business plan and how to structure the document. This template helps you organize your thoughts, and provides guidance, instructions, and examples to create an investor-ready and SBA-approved business plan format. It really speeds up the planning process. Oh, and it's 100% free!

Can I write a business plan myself?

You can absolutely write a business plan by yourself. Millions of entrepreneurs have been in your exact situation and have been able to write complete, detailed, and useful business plans. By using a template, you can speed up the writing process, avoid costly mistakes, and write your business plan without having to pay for additional support.

What are the steps to write a business plan?

The steps to write a business plan include:

  • Defining the opportunity: Explain the problem your business solves, the solution you offer, your target market, and the competitive landscape.
  • Describing how you'll execute: Outline your marketing and sales strategies, operational plan, milestones, and success metrics.
  • Adding company details: Provide information about your business structure, ownership, and team.
  • Creating a financial plan and forecasts: Include detailed financial statements, forecasts, and funding requirements.
  • Adding supplementary info to your appendix: Add any additional information, such as resumes, permits, and other relevant documents.
  • Summarizing your plan: While it may be first, do your executive summary last. In it, you'll briefly summarize your business, highlighting key points such as mission, product/service, and basic financial information.

For additional information, check out our full step-by-step guide to write a business plan .

How many hours does it take to write a business plan?

It can take as little as 30-minutes to write a fully functioning business plan. However, if you need to create a more detailed business plan it can take multiple hours to actually write the full document. To save yourself time, be sure to pick an appropriate plan type for your intended use case. Additionally, do any necessary research and collect your notes and other documentation beforehand so that you can focus all your effort on writing your business plan.

How can I write a simple business plan?

To write a simple business plan it's best to use a one-page business plan format. A one-page business plan includes all of the same components as a more detailed business plan but is designed to fit on a single page—making it more useful as an internal planning tool. If you still want to use a traditional business plan template, just focus on using bulleted lists and short sentences while writing to create a simpler business plan.

Is writing a business plan easy?

Writing a business plan can be easy if you use the right tools, understand your business, and come in prepared to write your business plan. Using a template can make writing a business plan easier. Additionally, if you focus on just getting your information down quickly, with the expectation that you'll revisit and revise your plan, you can speed up and simplify the process .

Can someone else write my business plan for me?

Yes, you can hire a professional business plan writer to write your business plan for you. Working with a professional can be especially useful if you're still struggling to write your business plan even when using a template for your business plan. Just be prepared to talk about your business, provide the appropriate details, and review the finished plan to be sure it actually reflects your business. If you need help vetting professional business plan writers, check out our free resource to help you ask just the right questions  of potential plan writers.

�� Pro Tip:

Related Resources

business plan on business center

Work With a Professional Plan Writer

Your business plan template is ready

Edit in Google Docs

Download as Docx

Download as PDF

LivePlan on a computer

Finish your business plan faster

Get an exclusive 14 day free trial to the world's #1 business planning software.

Garrett's Bike Shop

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.

LivePlan pitch example

Discover the world’s #1 plan building software

business plan on business center

Finish your demo booking

Looks like you haven't picked a time for your personalized demo. Pick a time now.

Calendar

  • Product overview
  • Security & compliance
  • Document generation
  • CPQ configure price quote
  • Smart content
  • Automations
  • Approval workflow
  • Tracking & analytics
  • All features
  • vs DocuSign
  • vs Dropbox Sign
  • vs Adobe Sign
  • vs Proposify
  • eSignatures
  • All use cases
  • Software & technology
  • Professional services
  • Construction
  • All industries
  • Customer success
  • Signature certificate
  • Two-factor authentication
  • GDPR compliance
  • HIPAA compliance
  • Salesforce CPQ
  • Authorize.net
  • QuickBooks Payments
  • Google Workspace
  • Microsoft Word
  • All integrations
  • Customer stories
  • Learning academy
  • Help center
  • Onboarding services
  • Premium support
  • Document embedding
  • Documentation

Business plan templates

From competitive analysis to financial projections, business plans give your new business a roadmap for success. Download one of our free business plan templates and take your company to the next level.

Big Data Startup Business Plan Template

Big Data Startup Business Plan Template

Create a professional Big Data Startup business plan with our customizable Startup Business Plan Template.

Virtual Assistant Business Plan

Virtual Assistant Business Plan

Strategize your way to success with this customizable AI virtual assistant business plan template.

Virtual Reality (VR) Business Plan

Virtual Reality (VR) Business Plan

Our free virtual reality (VR) business plan helps you customize your document and create a winning strategy to land investors.

Get unlimited eSignatures

Create, manage, and eSign documents for only $19 per month.

No credit card required

Paid Plans Banner

Laundromat Business Plan

Create your success roadmap with a laundromat business plan template, designed to arrange the essentials of the laundry business.

5-Year Business Plan Template

5-Year Business Plan Template

Empower your path to long-term success with our 5-year business plan template.

Car Wash Business Plan Template

Car Wash Business Plan Template

Launch and grow your car wash business with our customizable plan template.

Airbnb Business Plan Template

Airbnb Business Plan Template

Unlock your path to success with our Airbnb business plan template, made to guide you in structuring the fundamental aspects of your Airbnb business.

Clothing Line Business Plan

Clothing Line Business Plan

Use this free and customizable clothing line business plan to appeal to investors and set up your fashion brand.

Gym Business Plan Template 

Gym Business Plan Template 

The Panda tips in this gym business plan template guide you through the process of researching and presenting information necessary to secure funding and partners for your business.

Handyman Business Plan Template

Handyman Business Plan Template

Start a new handyman business using a well-researched handyman business plan template to meet your goals faster.

Vending Machine Business Plan Template

Vending Machine Business Plan Template

If you’re starting a new vending machine business, a well-rounded vending machine business plan can improve your chances of success.

Bar Business Plan Template

Bar Business Plan Template

Create your path to success with our bar business plan template, designed as a valuable tool to help entrepreneurs organize the bar business.

Massage Therapy Business Plan

Massage Therapy Business Plan

This massage therapy business plan template helps you cover the basics of starting or expanding a massage business.

Bed and Breakfast Business Plan Template

Bed and Breakfast Business Plan Template

Use a complete bed and breakfast business plan template to set up your business for growth and success.

Catering Business Plan

Catering Business Plan

Chart your path to success with our catering business plan template designed to help entrepreneurs organize their catering business.

Event Venue Business Plan Template

Event Venue Business Plan Template

Launch and grow your event venue with our customizable business plan template.

Event Planning Business Plan 

Event Planning Business Plan 

Prepare your event planning business for success with our ready-to-fill and easily downloadable event planning business plan template.

Rental Property Business Plan

Rental Property Business Plan

Develop a rental property business plan tailored to serve as a valuable resource for entrepreneurs to organize their rental business.

Coaching Business Plan Template

Coaching Business Plan Template

If you want to grow your new or existing coaching business, use our free coaching business plan template as a roadmap to success.

Lawn Care Business Plan

Lawn Care Business Plan

Use a comprehensive lawn care business plan template that includes guidance and all critical information.

T-shirt Business Plan Template 

T-shirt Business Plan Template 

Craft a winning T-shirt business plan in a structured business format that attracts investors and funding.

Candle-Making Business Plan Template

Candle-Making Business Plan Template

Use a candle-making business plan template to get together all of the information you need to ensure that your candle business succeeds.

SBA Business Plan Template

SBA Business Plan Template

Use our free and fully customizable SBA business plan template to get started when writing a successful proposal for an SBA loan.

Cleaning Business Plan Template

Cleaning Business Plan Template

Discover a hassle-free way to document a roadmap for your cleaning business with this free business plan template.

Real Estate Business Plan Template

Real Estate Business Plan Template

Start off your new real estate business on the right foot by using a real estate business plan template to ensure your goals, visions, and finances are sorted.

Trucking Business Plan Template

Trucking Business Plan Template

Empower your journey to success with our trucking business plan template, designed as a valuable tool to organize the essentials of your trucking business.

Food Truck Business Plan Template

Food Truck Business Plan Template

Find a fully customizable, free food truck business plan template that helps you create an effective proposal for interested investors.

Simple Business Plan Template

Simple Business Plan Template

This simple business plan template walks you through the stages of establishing a successful business or seeking funding.

Solar Farm Business Plan

Solar Farm Business Plan

Give your solar farm business the best start by creating a professional business plan to keep your company on the right track.

Ecommerce Business Plan Template

Ecommerce Business Plan Template

This Ecommerce Business Plan Template is tailored particularly to e-commerce companies, and all you require to do is add the elements related to your business.

Accounting Firm Business Plan

Accounting Firm Business Plan

Use this Accounting Firm Business Plan to achieve your goals. Accounting firms are comparable to other industries and need the Business Plan to help their development.

Campground Business Plan Template

Campground Business Plan Template

This PandaDoc Campground Business Plan Template has all the essential information to help you develop a successful business strategy.

Firewood Business Plan

Firewood Business Plan

This Firewood Business Plan Template perfectly outlines the company structure of a probable firewood venture. It highlights the budgets needed to start and manage the unique business.

Funeral Home Business Plan

Funeral Home Business Plan

A Funeral Home Business Plan covers detailed data on the courtesies offered by the company, market analysis, administration strategies, personnel procedures, budget and financing plans, and other applicable topics.

Community Center Business Plan

Community Center Business Plan

You can use this Community Center Business Plan Template, it is perfect for anyone desiring to open and run a society center. It gives the center’s owner an outline of areas that must be disseminated with the investors to earn an acquisition.

Gas Station Business Plan

Gas Station Business Plan

Take the first step towards success in the fuel industry with our professionally crafted Gas Station Business Plan template.

Beauty Supply Store Business Plan Template

Beauty Supply Store Business Plan

This Beauty Supply Store Business Plan Template covers all the appropriate sections needed to invest in a beauty supply store. The template will help you to raise money for your business.

Flower Shop Business Plan Template

Flower Shop Business Plan Template

The Flower Shop Business Plan Template is organized to help you achieve the awareness of various investors to invest in your company.

Electrical Contractor Business Plan

Electrical Contractor Business Plan

This Electrical Contractor Business Plan template include information about the services you offer, who your target consumers are, why they should prefer you over your opponents and how much capital you require to get started.

Car Dealership Business Plan Template

Car Dealership Business Plan

A Car Dealership Business Plan is a detailed plan that will help you take your business to the next level. Use this template to create your plan.

Farm Business Plan Template

Farm Business Plan

Farm Business Plan gives an overview of the company, including corporation history, owner backgrounds, creations and more. Use this template to quickly develop your farm company plan.

Consultant Business Plan Template

Consultant Business Plan Template

An example of a document outlining your strategy for launching or expanding your consulting firm is a Consultant Business Plan Template. The essential elements include a summary of the company, team, sector, rivals, target audience, and an operations and marketing strategy.

Construction Company Business Plan

Construction Company Business Plan

The objectives and tactics of a construction company are described in a business plan for a construction company. For the creation of your business plan, use this Construction Company Business Plan Template.

Fashion Business Plan Template

Fashion Business Plan Template

Structural and action plans for a fashion firm are laid out in the fashion business plan template.

Daycare Business Plan

Daycare Business Plan

The creation of a business strategy is the first step in starting a daycare. Use this Daycare Business Plan Template to describe your company’s objectives, as well as your target market, potential rivals, and your financing strategy.

Convenience Store Business Plan

Convenience Store Business Plan

Do you need a Convenience Store Business Plan Template? This plan includes all the details and information needed to secure funding for a convenience store.

startup business plan

Startup Business Plan Template

We offer you the steps and the tools to create a fantastic business plan. Attract investors with this sleek and free startup business plan template.

business plan

Business Plan Template

This business plan template is a great tool for your startup to customize to reflect your strong qualifications, experienced team, and marketable business idea.

What is a business plan?

A business plan is a document that helps small business owners determine the viability of their business idea. Combining market research and financial analysis, a professional business plan helps startup CEOs and potential investors determine if the company can compete in the target market.

Typically, a good business plan consists of the following:

  • Executive summary
  • Company description
  • Mission statement
  • Product and services
  • Marketing plan
  • Operations plan
  • Management organization
  • Financial plan
  • Conclusion & appendix

Every section involved in a business plan is designed to help startup businesses reach their target market.

A business plan asks founders and entrepreneurs to detail their business strategy in a step-by-step process that makes sense from an operational perspective. This is essential if a startup is seeking a business loan or an investment from a venture capital firm.

However, even small businesses that are already economically viable can benefit from creating a business plan, since it encourages business owners and their management teams to examine their business model and reevaluate the best ways to reach their target customers.

Should I use a business plan template?

Yes.  If you’ve never written one, a business plan can be challenging to write.

Creating a successful plan that you can use to grow your small business can require weeks of market analysis and financial preparation. You may spend time using Microsoft Excel or Powerpoint in order to create documentation which better supports our operational decisions.

However, almost every professional business plan is structured in the same way and most ask for the same information. Because of this, using a business plan template is advisable to save time, money, and effort.

Business plan templates for free

Rather than spending time trying to figure out how to write a business plan , use a free template as a guide to completion.

Business plan templates from PandaDoc can help you reach an effective go-to-market strategy even faster by asking you to provide all the relevant information you need when creating an effective business plan.

Grab a free template to get started!

Frequently asked questions

How many pages should my business plan be.

This depends on the kind of business plan you need to write and how you intend to use the plan that you create.

For example, a plan for a small business seeking potential investors or a business loan will need to provide income statements, cash flow statements, and a balance sheet (usually for a three-year or five-year forecast period).

These financial statements can be omitted if a small business owner isn’t seeking funding and is instead planning to use their business plan as a guiding document for themselves and their management team members.

Some business plans may only run a few pages. Fully-developed business plans can be as long as 50 pages. Much of this depends on the type of business, the operational strategy, and the level of detail that goes into developing the business plan.

Who needs a business plan?

Every business should have a business plan. This is an essential guidance document for any founder or CEO.

Good business plans help a company determine the viability of its place in the market and can help the business develop better strategies for differentiating itself from its competitors.

Business planning also forces business owners to evaluate their marketing strategy, the cost of customer acquisition and retention, and how they plan to grow their business over time.

What is the best business plan template?

Business plans come in all shapes and sizes. The best business plan template for your business is one that you understand and that matches the size and legal structure of your operation.

If you’re a sole proprietor, a business plan template designed for a big corporation probably doesn’t make sense. However, a business plan that helps you build an effective roadmap to grow your business while protecting your intellectual property is a good starting point.

PandaDoc offers specialized business plan templates for common industries along with tips to help you get started with business planning.

Should I hire someone to write my business plan for me?

No. You’ll find freelance writers and business strategy companies out there who are happy to write your business plan for a fee.  These resources can guide you through the process, but you should write (or be heavily involved in) the creation of your business plan.

The reason for this is simple: You know the most about your business, and your business needs you to succeed.

A writer can work with you to make your business plan sound better to investors, and a consultant can help you fill in knowledge gaps — like how to conduct a SWOT analysis — and point out weaknesses in your plan. But, at the end of the day, you need to use the business plan to pitch investors and run your business.

Those ideas and guiding principles aren’t something you can outsource.

Should I use business planning software?

Software isn’t required when creating an effective business plan. Most business planning software is designed to help you navigate the outlining and writing process more effectively.

You don’t need software to write a professional business plan, but a solid template can help you get started. Download a free template from PandaDoc today and take your business to the next level.

Get started with PandaDoc today

  • Start free trial

Start selling with Shopify today

Start your free trial with Shopify today—then use these resources to guide you through every step of the process.

business plan on business center

9 Business Plan Examples to Inspire Your Own (2024)

Need support creating your business plan? Check out these business plan examples for inspiration and guidance.

a stock of books on purple background representing business plan examples

Any aspiring entrepreneur researching how to start a business will likely be advised to write a business plan. But few resources provide business plan examples to really guide you through writing one of your own.

Here are some real-world and illustrative business plan examples to help you craft your business plan .

Business plan format: 9 examples

The business plan examples in this article follow this template:

  • Executive summary
  • Company description
  • Market analysis
  • Products and services
  • Marketing plan
  • Logistics and operations plan
  • Financial plan
  • Customer segmentation

1. Executive summary

Your executive summary is a page that gives a high-level overview of the rest of your business plan. While it appears at the beginning, it’s easiest to write this section last, as there are details further in the report you’ll need to include here.

In this free business plan template , the executive summary is four paragraphs and takes a little over half a page. It clearly and efficiently communicates what the business does and what it plans to do, including its business model and target customers.

Executive summary for Paw Print Post detailing the business model and target customers.

2. Company description

You might repurpose your company description elsewhere, like on your About page , social media profile pages, or other properties that require a boilerplate description of your small business.

Soap brand ORRIS has a blurb on its About page that could easily be repurposed for the company description section of its business plan.

ORRIS homepage promoting cleaner ingredients for skincare with a detailed description.

You can also go more in-depth with your company overview and include the following sections, like in this business plan example for Paw Print Post:

Business structure

This section outlines how you registered your business —as an LLC , sole proprietorship, corporation, or other business type : “Paw Print Post will operate as a sole proprietorship run by the owner, Jane Matthews.”

Nature of the business

“Paw Print Post sells unique, one-of-a-kind digitally printed cards that are customized with a pet’s unique paw prints.”

“Paw Print Post operates primarily in the pet industry and sells goods that could also be categorized as part of the greeting card industry.”

Background information

“Jane Matthews, the founder of Paw Print Post, has a long history in the pet industry and working with animals, and was recently trained as a graphic designer. She’s combining those two loves to capture a niche in the market: unique greeting cards customized with a pet’s paw prints, without needing to resort to the traditional (and messy) options of casting your pet’s prints in plaster or using pet-safe ink to have them stamp their ’signature.’”

Business objectives

“Jane will have Paw Print Post ready to launch at the Big Important Pet Expo in Toronto to get the word out among industry players and consumers alike. After two years in business, Jane aims to drive $150,000 in annual revenue from the sale of Paw Print Post’s signature greeting cards and to have expanded into two new product categories.”

“Jane Matthews is the sole full-time employee of Paw Print Post but hires contractors as needed to support her workflow and fill gaps in her skill set. Notably, Paw Print Post has a standing contract for five hours a week of virtual assistant support with Virtual Assistants Pro.”

Your mission statement may also make an appearance here. Passionfruit shares its mission statement on its company website, and it would also work well in its example business plan.

Passionfruit About page with a person in a "Forever Queer" t-shirt.

3. Market analysis

The market analysis consists of research about supply and demand , your target demographics, industry trends, and the competitive landscape. You might run a SWOT analysis and include that in your business plan. 

Here’s an example SWOT analysis for an online tailored-shirt business:

SWOT analysis chart with strengths, weaknesses, opportunities, and threats.

You’ll also want to do a competitive analysis as part of the market research component of your business plan. This will tell you which businesses you’re up against and give you ideas on how to differentiate your brand. A broad competitive analysis might include:

  • Target customers
  • Unique value proposition , or what sets the products apart
  • Sales pitch
  • Price points for products
  • Shipping policy

4. Products and services

This section of your business plan describes your offerings—which products and services do you sell to your customers? Here’s an example for Paw Print Post that explains its line of custom greeting cards, along with details on what makes its products unique.

Products and services section of Paw Print Post showing customized greeting cards with paw prints.

5. Marketing plan

It’s always a good idea to develop a marketing plan before you launch your business. Your marketing plan shows how you’ll get the word out about your business, and it’s an essential component of your business plan as well.

Business plan sample showing marketing plan for Paw Print Post.

The Paw Print Post focuses on four Ps: price, product, promotion, and place. However, you can take a different approach with your marketing plan. Maybe you can pull from your existing marketing strategy , or maybe you break it down by the different marketing channels. Whatever approach you take, your marketing plan should describe how you intend to promote your business and offerings to potential customers.

6. Logistics and operations plan

The Paw Print Post example considered suppliers, production, facilities, equipment, shipping and fulfillment, and inventory. This includes any raw materials needed to produce the products.

Business plan example with a logistics and operations plan for Paw Print Post.

7. Financial plan

The financial plan provides a breakdown of sales, revenue, profit, expenses, and other relevant financial metrics related to funding and profiting from your business.

Ecommerce brand Nature’s Candy’s financial plan breaks down predicted revenue, expenses, and net profit in graphs.

Bar chart illustrating monthly expenses and direct costs for a business from January to December.

It then dives deeper into the financials to include:

  • Funding needs
  • Projected profit-and-loss statement
  • Projected balance sheet
  • Projected cash-flow statement

You can use a financial plan spreadsheet to build your own financial statements, including income statement, balance sheet, and cash-flow statement.

Income statement template created by Shopify with sales, cost of sales, gross margin, and expenses.

8. Customer segmentation

Customer segmentation means dividing your target market into groups based on specific characteristics. These characteristics can be demographics, psychographics, behavior, or geography. Your business plan will provide detailed information on each segment, like its size and growth potential, so you can show why they are valuable to your business. 

Airsign , an eco-friendly vacuum cleaner company, faced the challenge of building a sustainable business model in the competitive home appliance market. They identified three key customer personas to target:

  • Design-oriented urban dwellers
  • Millennials moving to suburbs
  • Older consumers seeking high-quality appliances

The company utilized Shopify’s customer segmentation tools to gain insights and take action to target them. Airsign created targeted segments for specific marketing initiatives.

Put your customer data to work with Shopify’s customer segmentation

Shopify’s built-in segmentation tools help you discover insights about your customers, build segments as targeted as your marketing plans with filters based on your customers’ demographic and behavioral data, and drive sales with timely and personalized emails.

9. Appendix

The appendix provides in-depth data, research, or documentation that supports the claims and projections made in the main business plan. It includes things like market research, finance, résumés, product specs, and legal documents. 

Readers can access detailed info in the appendix, but the main plan stays focused and easy to read. Here’s an example from a fictional clothing brand called Bloom:

Appendix: Bloom Business Plan

Types of business plans, and what to include for each

This lean business plan is meant to be high level and easy to understand at a glance. You’ll want to include all of the same sections in one-page business plan, but make sure they’re truncated and summarized:

  • Executive summary: truncated
  • Market analysis: summarized
  • Products and services: summarized
  • Marketing plan: summarized
  • Logistics and operations plan: summarized
  • Financials: summarized

A startup business plan is for a new business. Typically, these plans are developed and shared to secure funding . As such, there’s a bigger focus on the financials, as well as on other sections that determine viability of your business idea—market research, for example:

  • Market analysis: in-depth
  • Financials: in-depth

Your internal business plan is meant to keep your team on the same page and aligned toward the same goal:

A strategic, or growth, business plan is a big-picture, long-term look at your business. As such, the forecasts tend to look further into the future, and growth and revenue goals may be higher. Essentially, you want to use all the sections you would in a normal business plan and build upon each:

  • Market analysis: comprehensive outlook
  • Products and services: for launch and expansion
  • Marketing plan: comprehensive outlook
  • Logistics and operations plan: comprehensive outlook
  • Financials: comprehensive outlook

Feasibility

Your feasibility business plan is sort of a pre-business plan—many refer to it as simply a feasibility study. This plan essentially lays the groundwork and validates that it’s worth the effort to make a full business plan for your idea. As such, it’s mostly centered around research:

Nonprofit business plans are used to attract donors, grants, and partnerships. They focus on what their mission is, how they measure success, and how they get funded. You’ll want to include the following sections in addition to a traditional business plan:

  • Organization description
  • Need statement
  • Programs and services
  • Fundraising plan
  • Partnerships and collaborations
  • Impact measurement

Set yourself up for success as a business owner

Building a good business plan serves as a roadmap you can use for your ecommerce business at launch and as you reach each of your business goals. Business plans create accountability for entrepreneurs and synergy among teams, regardless of your business model .

Kickstart your ecommerce business and set yourself up for success with an intentional business planning process—and with the sample business plans above to guide your own path.

Business plan examples FAQ

How do i write a simple business plan.

To write a simple business plan, begin with an executive summary that outlines your business and your plans. Follow this with sections detailing your company description, market analysis, organization and management structure, product or service, marketing and sales strategy, and financial projections. Each section should be concise and clearly illustrate your strategies and goals.

What is the best format to write a business plan?

The best business plan format presents your plan in a clear, organized manner, making it easier for potential investors to understand your business model and goals. Always begin with the executive summary and end with financial information or appendices for any additional data.

What are the 4 key elements of a business plan?

  • Executive summary: A concise overview of the company’s mission, goals, target audience, and financial objectives.
  • Business description: A description of the company’s purpose, operations, products and services, target markets, and competitive landscape.
  • Market analysis: An analysis of the industry, market trends, potential customers, and competitors.
  • Financial plan: A detailed description of the company’s financial forecasts and strategies.

What are the 3 main points of a business plan?

  • Concept: Your concept should explain the purpose of your business and provide an overall summary of what you intend to accomplish.
  • Contents: Your content should include details about the products and services you provide, your target market, and your competition.
  • Cash flow: Your cash flow section should include information about your expected cash inflows and outflows, such as capital investments, operating costs, and revenue projections.

Keep up with the latest from Shopify

Get free ecommerce tips, inspiration, and resources delivered directly to your inbox.

By entering your email, you agree to receive marketing emails from Shopify.

popular posts

start-free-trial

The point of sale for every sale.

subscription banner

Subscribe to our blog and get free ecommerce tips, inspiration, and resources delivered directly to your inbox.

Unsubscribe anytime. By entering your email, you agree to receive marketing emails from Shopify.

Learn on the go. Try Shopify for free, and explore all the tools you need to start, run, and grow your business.

Try Shopify for free, no credit card required.

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

Clifford Chi

Published: July 01, 2024

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

sample business plans and examples

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.

So 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 Types

Business plan format, sample business plan: section by section, sample business plan templates, top business plan examples.

Ultimately, the format of your business plan will vary based on your goals for that plan. I’ve added this quick review of different business plan types that achieve differing goals.

For a more detailed exploration of business plan types, you can check out this post .

business plan on business center

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!

Download Free

All fields are required.

You're all set!

Click this link to access this resource at any time.

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

A strategic business plan is another business plan that's often shared internally. 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.

I’m going to focus on a startup business plan that needs to be detailed and research-backed as well as compelling enough to convince investors to offer funding. In my experience, the most comprehensive and convincing business plans contain the following sections.

Executive Summary

This all-important introduction to your business plan sets the tone and includes the company description as well as what you will be exchanging for money — whether that’s product lines, services, or product-service hybrids.

Market Opportunity

Information about gaps in your industry’s market and how you plan to fill them, focused on demand and potential for growth.

Competitive Landscape Analysis

An overview of your competitors that includes consideration of their strengths and how you’ll manage them, their weaknesses and how you’ll capitalize on them, and how you can differentiate your offerings in the industry.

Target Audience

Descriptions of your ideal customers, their various problems that you can solve, and your customer acquisition strategy.

Marketing Strategy

This section details how you will market your brand to achieve specific goals, the channels and tactics you’ll utilize to reach those goals, and the metrics you’ll be using to measure your progress.

Key Features and Benefits

This is where you’ll use plain language to emphasize the value of your product/service, how it solves the problems of your target audiences, and how you’ll scale up over time.

Pricing and Revenue

This section describes your pricing strategy and plans for building revenue streams that fit your audiences while achieving your business goals.

This is the final section, communicating with investors that your business idea is worth investing in via profit/loss statements, cash flow statements, and balance sheets to prove viability.

Okay, so now that we have a format established, I’ll give you more specific details about each section along with examples. Truthfully, I wish I’d had this resource to help me flesh out those first business plans long ago.

1. Executive Summary

I’d say the executive summary is the most important section of the entire business plan. It is essentially an overview of and introduction to your entire project.

Write this in such a way that it grabs your readers' attention and guides 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: your company description and your products and services.

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. This is a great opportunity to showcase your impact.

Need some extra help firming up your business goals? I’d recommend HubSpot Academy’s free course to help you set meaningful goals that matter most for your business.

Products and Services

Here, you will incorporate an overview of your offerings. This doesn’t have to be extensive, as it is just a chance to introduce your industry and overall purpose as a business. I recommend including snippets of information about your financial projections and competitive advantage here as well.

Keep in mind that you'll cover many of these topics in more detail later on in the business plan. The executive summary should be clear and brief, only including the most important takeaways.

Executive Summary Business Plan Examples

This example was created with HubSpot’s business plan template . What makes this executive summary good is that it tells potential investors a short story while still covering all of the most important details.

Our Mission

Maria’s Gluten Free Bagels offers gluten-free bagels, along with various toppings, other gluten-free breakfast sandwich items, and coffee. The facility is entirely gluten free. Our team expects to catch the interest of gluten-free, celiac, or health-conscious community members who are seeking an enjoyable cafe to socialize. Due to a lack of gluten-free bagel products in the food industry currently, we expect mild competition and are confident we will be able to build a strong market position.

The Company and Management

Maria’s Gluten Free Bagels was founded in 2010 by Maria Jones, who first began selling her gluten-free bagels online from her home, using social media to spread the word. In 2012 she bought a retail location in Hamilton, MA, which now employs four full-time employees and six part-time employees. Prior to her bagel shop, Maria was a chef in New York and has extensive experience in the food industry.

Along with Maria Jones, Gluten Free Bagel Shop has a board of advisors. The advisors are:

  • Jeni King, partner at Winding Communications, Ltd.
  • Henry Wilson, president of Blue Robin, LLP.

Our Product

We offer gluten-free products ranging from bagels and cream cheese to blueberry muffins, coffee, and pastries. Our customers are health-conscious, community-oriented people who enjoy gluten-free products. We will create a welcoming, warm environment with opportunities for open mic nights, poetry readings, and other community functions. We will focus on creating an environment in which someone feels comfortable meeting a friend for lunch, or working remotely.

Our Competitive Advantages

While there are other coffee shops and cafes in the North Shore region, there are none that offer purely gluten-free options. This restricts those suffering from gluten-free illnesses or simply those with a gluten-free preference. This will be our primary selling point. Additionally, our market research [see Section 3] has shown a demand for a community-oriented coffee and bagel shop in the town of Hamilton, MA.

Financial Considerations

Our sales projections for the first year are $400,000. We project a 15% growth rate over the next two years. By year three, we project 61% gross margins.

We will have four full-time employees. The salary for each employee will be $50,000.

Start-up Financing Requirements

We are seeking to raise $125,000 in startup to finance year one. The owner has invested $50,000 to meet working capital requirements, and will use a loan of $100,000 to supplement the rest.

Example 2 :

Marianne and Keith Bean have been involved with the food industry for several years. They opened their first restaurant in Antlers, Oklahoma in 1981, and their second in Hugo in 1988. Although praised for the quality of many of the items on their menu, they have attained a special notoriety for their desserts. After years of requests for their flavored whipped cream toppings, they have decided to pursue marketing these products separately from the restaurants.

Marianne and Keith Bean have developed several recipes for flavored whipped cream topping. They include chocolate, raspberry, cinnamon almond, and strawberry. These flavored dessert toppings have been used in the setting of their two restaurants over the past 18 years, and have been produced in large quantities. The estimated shelf life of the product is 21 days at refrigeration temperatures and up to six months when frozen. The Beans intend to market this product in its frozen state in 8 and 12-ounce plastic tubs. They also intend to have the products available in six ounce pressurized cans. Special attention has been given to developing an attractive label that will stress the gourmet/specialty nature of the products.

Distribution of Fancy's Foods Whipped Dream product will begin in the local southeastern Oklahoma area. The Beans have an established name and reputation in this area, and product introduction should encounter little resistance.

Financial analyses show that the company will have both a positive cash flow and profit in the first year. The expected return on equity in the first year is 10.88%

Tips for Writing Your Executive Summary

  • Start with a strong introduction of your company that showcases your mission and impact, then outline the products and services you provide.
  • Clearly define a problem, 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, you might emphasize finances and return on investment for venture capitalists, whereas you might emphasize community benefits and minimal environmental impact for progressive nonprofits.

For more guidance, check out our tips for writing an effective executive summary .

2. Market Opportunity

This is where you'll detail the opportunity in the market. Ask and answer: Where is the gap in the current industry, and how will my product fill that gap?

To get a thorough understanding of the market opportunity, you'll want to conduct a TAM, SAM, SOM analysis , a SWOT analysis , and perform market research on your industry to get some insights for this section. More specifically, here’s what I’d include.

  • 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

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.

Example: The market for Doggie Pause is all of the dog owners in the metropolitan area and surrounding areas of the city. We believe that this is going to be 2/3 of the population, and we have a goal of gaining a 50% market share. We have a target of a 20% yearly profit increase as the business continues.

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 Analysis

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 the following:

  • 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 shows a clear outline of who the top competitors are. It also highlights specific industry knowledge and the importance of location. This demonstrates useful experience in the industry, helping to build trust in your ability to execute your business plan.

Competitive Environment

Currently, there are four primary competitors in the Greater Omaha Area: Pinot’s Palette Lakeside (franchise partner), Village Canvas and Cabernet, The Corky Canvas, and Twisted Vine Collective. The first three competitors are in Omaha and the fourth is located in Papillion.

Despite the competition, all locations have both public and private events. Each location has a few sold-out painting events each month. The Omaha locations are in new, popular retail locations, while the existing Papillion location is in a downtown business district.

There is an opportunity to take advantage of the environment and open a studio in a well-traveled or growing area. Pinot’s Palette La Vista will differentiate itself from its competitors by offering a premium experience in a high-growth, influential location.

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? I’d recommend building a buyer persona to get in the mindset of your ideal customers and be clear about why you're targeting them. Here are some questions I’d ask myself:

  • 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?

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.

The Audience

Recognize that audiences are often already aware of important issues. Outreach materials should:

  • Emphasize a pollution-prevention practice
  • Tell audience a little about how to prevent pollution
  • Tell audience where they can obtain information about prevention.

Message Content

  • Focus the content for outreach materials on cost savings, such as when and where pollution prevention is as cheap as or cheaper than traditional techniques. Include facts and figures.
  • Emphasize how easy it is to do the right thing and the impacts of not engaging in pollution prevention.
  • Stress benefits such as efficiency or better relations with government, for businesses not primarily concerned with public image.

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 think it’s helpful to have a marketing plan built out in advance to make this part of your business plan easier. I’d suggest including these details:

  • 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.

Marketing Strategy Business Plan Example

This business plan example includes the marketing strategy for the town of Gawler. In my opinion, it works because it offers a comprehensive picture of how they plan to use digital marketing to promote the community.

Screenshot of sample marketing plan

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

Screenshot of business startup kit download page from hubspot

The Best AI Tools for Ecommerce & How They'll Boost Your Business

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

23 of My Favorite Free Marketing Newsletters

The 8 Best Free Flowchart Templates [+ Examples]

The 8 Best Free Flowchart Templates [+ Examples]

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

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

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

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

How to Write an Executive Summary Execs Can't Ignore [+ 5 Top Examples]

How to Write an Executive Summary Execs Can't Ignore [+ 5 Top Examples]

20 Free & Paid Small Business Tools for Any Budget

20 Free & Paid Small Business Tools for Any Budget

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

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

The Content Aggregator Guide for 2024

The Content Aggregator Guide for 2024

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

Growthink logo white

300+ Business Plan Examples

business plan example

With over two decades of experience, Growthink has assisted more than 1 million companies in developing effective business plans to launch and expand their businesses. Trust in our expertise to guide you through developing a business plan that drives your success. In addition to our sample plans, below you’ll learn the answers to key business plan questions and gain insightful tips on writing your business plan.

  Quick Links to Sections On this Page:

  • Sample Business Plans By Business Category

Answers to Key Sample Business Plan Questions

Shoutmouth business plan example, business plan examples by business category.

Clothing & Fashion Business Plan Templates & Samples

Clothing Store Business Plan

Embroidery Business Plan

Fashion Business Plan

Jewelry Business Plan

Construction, Interior Design & Home Services Business Plan Templates & Samples

Consumer Services Business Plan Templates & Samples

Business Services Business Plan Templates & Samples

Events Business Plan Templates & Samples

Banquet Hall Business Plan

Event Planning Business Plan

Event Venue Business Plan

Sample Event Venue Business Plan

Party Rental Business Plan

Photo Booth Business Plan

Table and Chair Rental Business Plan

Wedding Planning Business Plan

Farm Business Plan Templates & Samples

Financial Services Business Plan Templates & Samples

Fitness & Beauty Business Plan Templates & Samples

Food & Beverage Business Plan Templates & Samples

Medical & Health Business Plan Templates & Samples

Music & Entertainment Business Plan Templates & Samples

Music Business Plan

Party Bus Business Plan

Podcast Business Plan

Production Company Business Plan

Record Label Business Plan

Recording Studio Business Plan

Nonprofit Business Plan Templates & Samples

Sample Non-Profit Business Plan

Charity Business Plan

Sample Nonprofit Business Plan PDF

Social Enterprise Business Plan

Real Estate Business Plan Templates & Samples

Sample Airbnb Business Plan

House Flipping Business Plan

Property Development Business Plan

Property Management Business Plan

Real Estate Business Plan

Real Estate Agent Business Plan

Real Estate Business Plan PDF

Real Estate Development Business Plan

Real Estate Investment Business Plan

Retail & Ecommerce Business Plan Templates & Samples

Technology Business Plan Templates & Samples

Biodiesel Business Plan

Blogging Business Plan

Clean Tech Business Plan

Mobile App Business Plan

Saas Business Plan

Software Company Business Plan

Technology Business Plan

Transportation Business Plan Templates & Samples

Travel and Lodging Business Plan Templates & Samples

Bed and Breakfast Business Plan

Campground Business Plan

Glamping Business Plan

Hotel Business Plan

Mobile Home Park Business Plan

Resort Business Plan

RV Park Business Plan

Travel Agency Business Plan

1. Why is utilizing an example business plan a good idea?

Sample business plans can help you quickly and easily write a business plan for your own business. Business plans are an important tool for any business, but they can be challenging to create. A sample business plan will help you understand the business plan format , the benefit of market research, and how to write a compelling executive summary. It can also serve as a guide for creating your own business plan, outlining the key sections and providing examples of successful plans. Utilizing the best business plan template can save you time and ensure that your plan is well-structured and comprehensive.

Business plan examples may even help you with the different sections of a plan, including market analysis, business description, cash flow statements/business financial statements, and more. Business plans can also show you how a quality plan in your exact business plan category is organized and shows you the appropriate business communications style to use when writing your business plan.

2. Who would benefit from using an example business plan?

Any entrepreneur or business owner who has never written a business plan before can benefit from an example or sample plan. New business owners often start with business plan templates , which are helpful but are sometimes more useful after reviewing other sample business plans.

A good sample plan can be a step-by-step guide as you work on your business planning and business idea. Once you have a sense for the flow, specs, and details, etc. that business plans have, utilizing a business plan template will help you pull everything together, helping you create a plan investors and other stakeholders will value. A solid business plan will also help you if you need a bank loan, which may require a startup business plan. Download our free business plan template to help you get started on your own business plan.

Free Download : Free Business Plan Template PDF

3. How do you get started with a sample business plan and maximize its benefit?

First you should read the business plan thoroughly. Study both the type of information provided in key sections like the executive summary, target market analysis, summary, etc., as well as the format and style of the plan. As you read, you may find yourself thinking through things such as improving or evaluating your business planning process, your business idea, or reconsidering who you want to write your business plan for. This is OK and part of the process. In fact, when you start writing a business plan for the first time, it will be much easier because you’ve gone through this process.

After this initial read, outline your business plan and copy in from the sample plan sections that apply to your business. For instance, if the sample plan included public relations in their marketing strategy and sales plan, and you will also use this tactic, you can copy it into your plan and edit it as appropriate. Finally, answer the other questions answered in the sample plan in ways that reflect your unique business and target customers.

Writing a business plan can seem daunting. Starting your business plan writing process by reviewing a plan that’s already been created can remove a lot of mental and emotional barriers while helping you craft the best plan you can.

4. When should you not use a sample business plan?

If your business is unlike any other, using a sample business plan will not be as effective. In this situation, writing a business plan from scratch utilizing a business plan template is probably your best path forward.

As an example, Facebook’s early business plan was unlike others since it was paving a new path and way of doing business. But, groundbreaking new businesses like Facebook are not the norm, and the vast majority of companies will benefit from utilizing sample business plans.

5. How do you choose the right type of business plan for your venture?

Selecting the appropriate type of business plan depends on your business’s stage, needs, and goals. Let’s explore the different types of business plans and how to determine which business plan format is right for you.

  • Startup Business Plan : This type of plan is for businesses just starting out and seeking funding or investment. It typically includes a detailed analysis of the market, target audience, competition, and financial projections.
  • Traditional Business Plan : Traditional business plans are the most common type of business plan, used by established businesses to outline their goals and strategies. It includes all the key sections such as market analysis, company description, and financial statements.
  • Internal Business Plan : Internal business plans are used for internal purposes, to guide the day-to-day operations and decision making of the business. It may not be as detailed as a traditional business plan, but still includes important information such as company mission, objectives, and key performance indicators.
  • Feasibility Business Plan : A feasibility business plan is used to assess the viability of a new product or service in the market. It includes detailed research and analysis to determine if the business idea is feasible and profitable.
  • One-Page Business Plan : As the name suggests, this type of business plan is condensed into one page and includes the most critical information about the business. It can be a useful tool for pitching to potential investors or partners.
  • Strategic Business Plan : A strategic plan looks at the big picture and long-term business goals of a company. It may include the company’s mission statement, core values, and overarching strategies for achieving success.

Ultimately, the type of business plan you choose will depend on your business’s specific needs and goals. It may also be beneficial to combine elements from different types of plans to create a customized plan that best fits your business. Carefully consider your objectives and resources before deciding on the right type of plan for your venture.

Finish Your Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your business plan?

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

The business plan example below is for Shoutmouth, a company that enjoyed much success in the early 2000’s and which was able to raise funding. While the plan’s premise (social networking) is not as unique now as it was then, the format and structure of this business plan still holds.

I. Executive Summary

Business Overview

Launched in late February 2007, Shoutmouth.com is the most comprehensive music news website on the Internet .

Music is one of the most searched and accessed interests on the Internet. Top music artists like Akon receive over 3 million searches each month. In addition, over 500 music artists each receive over 25,000 searches a month.

However, music fans are largely unsatisfied when it comes to the news and information they seek on the artists they love. This is because most music websites (e.g., RollingStone.com, MTV.com, Billboard.com, etc.) cover only the top eight to ten music stories each day – the stories with mass appeal. This type of generic coverage does not satisfy the needs of serious music fans. Music fans generally listen to many different artists and genres of music. By publishing over 100 music stories each day, Shoutmouth enables these fans to read news on all their favorite artists.

In addition to publishing comprehensive music news on over 1200 music artists, Shoutmouth is a social network that allows fans to meet and communicate with other fans about music, and allows them to:

  • Create personal profiles
  • Interact with other members
  • Provide comments on news stories and music videos
  • Submit news stories and videos
  • Recommend new music artists to add to the community
  • Receive customized news and email alerts on their favorite artists

Success Factors

Shoutmouth is uniquely qualified to succeed due to the following reasons:

  • Entrepreneurial track record : Shoutmouth’s CEO and team have helped launch numerous successful ventures.
  • Affiliate marketing track record : Online affiliate marketing expertise has been cited as one of MySpace’s key success factors. Over the past two years, Shoutmouth’s founders have run one of the most successful online affiliate marketing programs, having sold products to over 500,000 music customers online.
  • Key milestones completed : Shoutmouth’s founders have invested $500,000 to-date to staff the company (we currently have an 11-person full-time team), build the core technology, and launch the site. We have succeeded in gaining initial customer traction with 50,000 unique visitors in March, 100,000 unique visitors in April, and 200,000 unique visitors in May 2007.

Unique Investment Metrics

The Shoutmouth investment opportunity is very exciting due to the metrics of the business.

To begin, over the past two years, over twenty social networks have been acquired. The value in these networks is their relationships with large numbers of customers, which allow acquirers to effectively sell to this audience.

The sales price of these social networks has ranged from $25 to $137 per member. Shoutmouth has the ability to enroll members at less than $1 each, thus providing an extraordinary return on marketing expenditures. In fact, during an April 2007 test, we were able to sign-up 2,000 members to artist-specific Shoutmouth newsletters at a cost of only 43 cents per member.

While we are building Shoutmouth to last, potential acquirers include many types of companies that seek relationships with music fans such as music media/publishing (e.g., MTV, Rolling Stone), ticketing (e.g., Ticketmaster, LiveNation) and digital music sales firms (e.g., iTunes, The Orchard).

Financial Strategy, Needs and Exit Strategy

While Shoutmouth’s technological, marketing and operational infrastructure has been developed, we currently require $3 million to execute on our marketing and technology plan over the next 24 months until we hit profitability.

Shoutmouth will primarily generate revenues from selling advertising space. As technologies evolve that allow us to seamlessly integrate music sampling and purchasing on our site, sales of downloadable music are also expected to become a significant revenue source. To a lesser extent, we may sell other music-related items such as ringtones, concert tickets, and apparel.

Topline projections over the next three years are as follows:

2007 2008 2009
Shoutmouth Members 626,876 4,289,580 9,577,020
Unique Visitors 2,348,050 8,390,187 18,633,659
Total Page Views (Millions) 20.7 273.5 781.0
Revenues $165,431 $2,461,127 $7,810,354
Expenses $1,407,958 $2,591,978 $2,838,423
EBITDA ($1,242,527) ($130,851) $4,971,931

II. Shoutmouth Overview

What is Shoutmouth?

Shoutmouth is an operating company of The Kisco Group Inc. (TKG). Since 2003, TKG has capitalized on web-based marketing opportunities via launching targeted websites and generating web-based leads. TKG revenues in 2005 exceeded $1.3 million and grew to $3.5 million in 2006. Shoutmouth is currently the sole focus of TKG; all other TKG business units have been divested.

Development of Shoutmouth began in August 2006 and the site officially launched on February 21, 2007. Shoutmouth (located at www.shoutmouth.com) is the most comprehensive music news community on the Internet. The website covers 1,200 popular bands and music artists and offers more than 100 new music articles each day. In addition to providing news, Shoutmouth is a web community. That is, Shoutmouth members can actively participate on the site, by doing things such as commenting on news stories and submitting their own stories.

The Market Size and Need for Shoutmouth

The music market is clearly vast. According to IFPI, which represents the recording industry worldwide, global music sales were $33.5 billion in 2005, with the U.S. accounting for $12.3 billion of that amount. Importantly, digitally music sales are seeing substantial growth, with IFPI reporting sales of $400 million in 2004, $1.1 billion in 2005 and $2 billion in 2006.

Online, music is the one of the most frequently searched and accessed interests. For example, according to Wordtracker, the music artist Eminem received over 1.7 million web searches in December 2006, while band Green Day received 534,000 searches.

To put these figures in perspective, top celebrities in other entertainment fields receive but a fraction of this search volume. For example, December 2006 search volumes for select sports stars and actors were as follows: Kobe Bryant, 122K; Tiger Woods, 88K; Cameron Diaz, 332K; and Tom Cruise, 82K.

Conversely, 225 music artists received over 100,000 searches in December 2006, and over 500 music artists received over 25,000 searches.

This data is corroborated by Nielsen BuzzMetrics which plots the most popular topics bloggers are posting about. The chart to the right plots September 25, 2006 to March 25, 2007 and shows how music dominates other entertainment sectors online.

When searching for music artists online, fans, which are primarily between the ages of 13 and 35, are looking for news, pictures, lyrics, videos and audio files. In addition, fans enjoy publicly voicing their opinions about music and interacting with other fans.

There is currently no website besides Shoutmouth that provides comprehensive music news. Currently, to get the latest news on their favorite artists, fans must visit the official websites or fan websites of each of the artists they like . Even then, it is unlikely that the fan will get all the news that has occurred. To solve this problem, Shoutmouth scours the web and uncovers news from thousands of web sites.

What Shoutmouth Does and Will Offer

As of May 2007, the site covers the 1,200 most popular music artists (popularity primarily based on the number of web searches over the past 12 months for each artist).

Shoutmouth currently offers members the ability to:

  • Read over 500 new music articles each week
  • Read special features such as album reviews, interviews, new album release dates, top quotes of the week and other special reports
  • Watch and rate music videos
  • Listen to select music audio clips
  • Comment on news stories and music videos
  • Submit news stories that they see/hear of elsewhere
  • Suggest new music artists to add to the site
  • View articles by music artist or by genre (current genres include Rock, Pop, Rap, R&B, Country, and Electronic)
  • Create a user profile that includes their favorite music artists, Shoutmouth friends, news stories submitted to Shoutmouth, and comments made. Members have the ability to find other members based on their favorite artists and via our search functions.
  • Receive customized news and email alerts. Members can customize their “My News” page to include only artists they specify. Likewise, they can choose to receive email alerts whenever there is a new story on one of their favorite artists.

While establishing itself as the premier music news community, Shoutmouth will embark on the more aggressive goal of becoming the premier music community online . To accomplish this, Shoutmouth will begin to offer additional content (more videos, audio, pictures, lyrics, etc.) and additional functionality (music compatibility testing (e.g., if you like this, you’ll like this), voting capabilities, member-to-member messaging, etc.). We have already begun mapping out our content and technology growths plans to achieve this goal upon financing.

Importantly, Shoutmouth expects to be able to add massive amounts of relevant content (e.g., lyrics, reviews, pictures, video files, audio files, etc.) via member submissions and moderation. This is the same way that YouTube has been able to quickly add millions of videos and Wikipedia has been able to add millions of articles. Importantly, since established music websites (e.g., MTV, RollingStone.com, Billboard.com, etc.) are not community based, they would have to hire thousands of staff members to rival the content that Shoutmouth will have.

How We Get and Publish Our News

Currently, news stories that appear on Shoutmouth are gathered from numerous online sources. Shoutmouth’s staff writers find these stories by using RSS and News feeds that cover thousands of websites. In addition, Shoutmouth community members have the ability to submit stories they find elsewhere.

Typical stories include factual information plus the insight of the author. Shoutmouth editors ensure that all stories are properly classified by artist and genre, and that duplicate articles are filtered out.

Over the past three months, Shoutmouth has developed a solid infrastructure, which we consider a core competitive advantage, that that allows us to provide comprehensive music news . This infrastructure includes:

  • Setting up hundreds of RSS feeds based on comprehensive research regarding sites from which to receive feeds
  • Training our editorial team regarding identifying a story and weeding out duplicates
  • Assigning music artists among our five-person editorial team to better manage work flow and avoid duplicate articles

We are working on a system to ensure that member-submitted articles are automatically routed to the appropriate member of Shoutmouth’s editorial team to improve our efficiencies further.

Shoutmouth’s Goal to Break News First

The majority (approximately 90%) of Shoutmouth’s articles are currently developed by our in-house editorial team, while the balance is submitted by members. In addition, virtually all of our articles are based on information gleaned from other websites. As such, we are generally not the first to publish news; however we are the first and only site to publish all the news in one easily-accessible place. The one current exception is news which is published on bands’ official MySpace pages; Shoutmouth generally publishes articles on this news 24 to 48 hours before it is reported by other news or music sites (due to our efficiencies in finding news).

Shoutmouth realizes that it will gain a key competitive advantage, and will generate significant market buzz, if it is able to report on music news stories before other media sources . To accomplish this, we have begun contacting publicity departments at record labels to gain direct access to music news. We expect these contacts to enable us to gain immediate and sometimes exclusive access to news which will help further establish Shoutmouth as the canonical source for music news. We also plan to more aggressively solicit member submissions of new, buzzworthy news events and will consider offering rewards for unique substantiated news (much the way paparazzi are compensated).

III. Competition in the Online Music Market

This section of the business plan provides a competitive analysis, which is an overview of the competitive landscape, discusses both indirect and direct competitors and then details Shoutmouth’s competitive advantages.

Because consumer demand for music on the Internet is so great, there are a vast number of music websites. In summary, we consider most sectors of the online music market (which are discussed below) to be indirect competitors and potentially partners, rather than direct competitors, because none of them focus on music news.

The reason we believe that no one focuses on music news is that it is very difficult to do. Because news is very important to music fans, most music websites offer news. However, they primarily get their news from organizations such as CNN, Reuters, the Associated Press and BBC. These large organizations only write about the music stories that have mass appeal, which traditionally amounts to 8-10 music news stories per day. However, since music fans are often zealots when it comes to their favorite artists, they are not merely interested in cover stories. For instance, a U2 fan cares about any U2 news, particularly news that a non-U2 fan might consider insignificant.

In fact, because Shoutmouth is the sole one-stop shop for getting comprehensive music news, there might be an opportunity to license our content to other music websites.

Sectors of the Online Music Market

Shoutmouth specifically comPs in the community-based music news market. While players in this market represent direct competitors, Shoutmouth faces indirect competitors in the following markets:

  • Community-Based Sites
  • Community-Based News Sites
  • Community-Based Music Sites
  • Traditional Music Websites
  • Official Artist and Fan Sites

Each of these markets is described below.

A. Community-Based Sites

Community-based sites, also known as social networking sites, are websites in which members can create profiles, leave comments throughout the site, and communicate with other members among other features.

A June 2006 report by Piper Jaffray entitled “Silk Road: Social Networking is Here to Stay” effectively sums up the power and longevity of social networking:

“We believe social networking sites have become a permanent part of the fabric of web applications and are rapidly becoming one of the most popular activities online, potentially impacting how other popular services such as email, IM, and maybe even search are accessed.

As a clear indication of the growth rate and scale of social networking, consider this: MySpace monthly page views have now surpassed MSN or AOL in the U.S. and are nearly 75% of the size of Yahoo!. Social networking has filled a gap that was left by all the existing portals and web services and it is fulfilling a very important and basic function for millions of users: allowing them to express themselves and connect with their friends, with the two functions tightly integrated.

The leading sites such as MySpace (News Corp), Facebook, and others are amassing significant power in the new landscape of the Internet and the existing Internet companies are likely to have to work with these newcomers as they may yield material control on the flow of traffic to other applications.”

Social networking sites such as MySpace.com, Facebook.com, Tagged.com, and TagWorld.com have educated consumers regarding the value of these sites and how to use them. Their success has spurred genre-specific social networks such as community-based/social networking news sites and music sites, which are discussed below.

Shoutmouth doesn’t view established social networking sites as competitors since these sites have a general focus. That is, members talk about all aspects of life, from dating to music to movies, etc. Conversely, Shoutmouth is solely focused on music.

B. Community-Based News Sites

Community-based news sites are sites in which members decide what’s newsworthy and what’s not. For instance, on Digg.com, the most prominent community-based news site, members “Digg” stories that they feel are most newsworthy. The stories that the community feels are most important rise to Digg’s homepage, while less important stories get little attention.

Digg’s one million members can submit stories, “digg” stories, and comment on stories. Digg focuses on general news with a slant towards technology, gaming and unique/sensational news. While Digg does have a Music area within its Entertainment section, this receives little focus. In fact, at the time of the writing of this plan, Digg’s music home page only includes one article submitted within the past 48 hours. Furthermore, Digg doesn’t pare down the music category into sub-categories such as Rock and individual music artists. Conversely, these sub-categories are the entire focus of Shoutmouth.

Other sites that are similar to Digg include Newsvine.com, Spotback.com and Gabbr.com. Of most relevance is the Digg-like site for music, Noisetap.com, which was launched by Ticketmaster in January 2007.

Like Digg, Noisetap.com allows members to submit and vote for music stories. Noisetap.com is organized by music genre and not by music artist. This most likely will not satisfy the needs of many music fans since they don’t have the ability to find news on the specific artists they care most about. Likewise, without a full-time staff actively researching and publishing news stories at the artist-level, Noisetap.com will never be able to offer the comprehensive news that Shoutmouth does.

While Shoutmouth is currently similar to community-based news sites in that members can submit stories and comment on the news they find most interesting, no established player in the market provides a comprehensive focus on music. In addition, Shoutmouth sees these sites as marketing partners as we have and will continue to submit our stories on them to increase our readership.

C. Community-Based Music Sites

There are many community-based music websites, although none focuses on music news such as Shoutmouth. Conversely, these sites generally give members the ability to create and listen to song play lists. The community acts to help individual members find new music and new friends based on similarities in their music tastes. Prominent sites in this genre include Last.fm, Finetune, Pandora, RadioBlogClub, MyStrands, iLike[1] and iJigg.

Last.fm is the most prominent community-based music site and is a good model with which to compare Shoutmouth. Likewise, we will benchmark our performance against Last.fm as we reach of goal of becoming the premier music news community and focus on becoming the premier music community.

According to Alexa, Last.fm is the 359th most visited site on the Internet. While Last.fm focuses on allowing members to create customized Internet stations based on their music tastes, the site has much additional content and social networking features. For instance, for each artist, Last.fm includes pictures, a bio, concert dates, discography, fans on Last.fm, and similar artists. Fans are also able to create journals and communicate with other fans. Key features that Last.fm doesn’t currently focus on include news and video.

D. Traditional Music Websites

Traditional music websites such as MTV.com, RollingStone.com, Billboard.com, NME.com, AOL Music, and Yahoo! Music tend to have many features such as news, reviews, pictures, videos and audio. While these sites are generally very well done and extremely popular, they are under-serving visitors in two core areas: music news and community .

These sites’ lack of music news stems from the difficulty in creating this news, specifically that it requires filtering through thousands of articles and websites to find relevant stories. Likewise, as discussed, these firms might wish to license our news content in the future.

Regarding community , none of the top music sites are thriving communities. Rather, either these sites offer no community features or they recently began offering select features (e.g., submitting reviews or commenting on articles). Even when available, the community features on these sites are afterthoughts and are not engrained within the core fabric of the sites.

While they haven’t been able to transform their current sites into communities, top music websites clearly understand the power of online music communities and have an appetite for them. For example, in January 2007, MTV invested in social networking website TagWorld. MTV also acquired RateMyProfessors.com and Quizilla.com (teen social network) in January 2007 and October 2006 respectively.

As mentioned previously, our vision is to build and incorporate additional technologies, and use our “army” of members to publish vast amounts of music content on Shoutmouth, in order to fully satisfy music fans and leapfrog traditional music sites in terms of their music content.

E. Official Artist and Fan Sites

Shoutmouth com’s with official music artist websites and fan websites. These sites often include news about the specific artist as well as pictures, videos and other relevant information.

On one hand, official music artist and fan websites are direct competitors to Shoutmouth. This is because some of these sites offer comprehensive news on the specific artist they cover. In addition, many offer forums, discussion boards or other ways to communicate with other fans.

However, two factors separate Shoutmouth from these types of sites: 1) breadth and 2) sophistication.

  • Breadth : Most music fans love more than one artist. As such, in order to get the news they want, they would have to visit/join multiple fan or artist websites rather than getting all of their news from Shoutmouth.
  • Sophistication : While some official music artist websites are technologically sophisticated, offering forums, networking and other worthwhile features, the majority of artist and fan websites have limited usability, functionality and networking ability. In fact, this deficiency has lead to the success of MusicToday, which provides front and back-end technology to power artist websites.

Specifically, MusicToday offers web design and hosting, develops sophisticated online stores, builds online fan clubs and offers web ticketing among other services to select top music artists such as Dave Matthews Band, Christina Aguilera, Kenny Chesney, Britney Spears and Usher. While offering sophisticated tools for select music artist websites, MusicToday offers little to no music news nor advanced social networking functions. For instance, the official Dave Matthews Band website offers less than one news story per month.

F. Direct Competitors: Community-Based Music News Sites

Shoutmouth’s direct competitors are other music news websites that have social or community features that allow users to join the site, submit articles, comment on articles, create public profiles and/or communicate with other members. Shoutmouth has identified one significant player who offers this service, AbsolutePunk.net.

AbsolutePunk.net has done a good job of building a user base (the site claims 125,000+ registered members and nearly 500,000 un-registered members). In addition, the user base is very active — the average story on their site receives approximately 20 comments. AbsolutePunk.net offers music news, reviews, pictures and interviews among other features.

On the negative side, AbsolutePunk.net’s articles are generally posted by one staff writer (as opposed to Shoutmouth’s five writers), most articles are simply one sentence posts rather than full articles, and no attempt seems to have been made to cover all news stories. In addition, the site only covers the punk music genre. Although “punk” is broadly defined on the site, the site doesn’t cater to genres such as R&B, rap and country among others, failing to satisfy the broader market.

AbsolutePunk.net is owned by Indieclick, a Los Angeles-based media company. According to the AbsolutePunk.net website, the site:

  • Has developed a loyal (72% return rate) reader base
  • 5,182,147 Posts
  • 163,535 Threads
  • 126,448 Members
  • 1,711 Artist Profiles
  • 20,774 Multimedia Files
  • Approx 76,000 visits per day.
  • Approx 276,000 pageviews per day.

Shoutmouth’s Competitive Advantage

In addition to being the first to fill the untapped market void for comprehensive music news, Shoutmouth’s competitive advantage in the market primarily includes the following:

Online Marketing Sophistication

Content Development Experience and Expertise

Shoutmouth’s team, primarily team members DL and PF, has operated an affiliate marketing business focusing on music for the past four years. Affiliate marketing is defined as a system of revenue sharing between one site (the affiliate) which features an ad or content designed to drive traffic to another site (the merchant). The affiliate receives a fee based on traffic to the merchant which converts to sales.

Our affiliate business has focused on connecting music fans, primarily aged 13 to 30, with music offers such as iPods and ringtones. Over the past two years, we have successful sold affiliated offers to over 500,000 customers. We have become a significant online advertiser, receiving Google’s “over 1 million leads” award, and are recognized as a major player among the top affiliate networks.

It is important to note that affiliate marketing success has been credited with part of MySpace’s success. This is because effective affiliate marketers understand how to drive and convert on Internet traffic.

Shoutmouth will employ its affiliate marketing techniques to drive traffic to Shoutmouth.com and enroll members. We will utilize technologies and proprietary techniques that allow us to monitor multiple metrics such as the cost per visitor, cost per member sign-up, etc., so that we can set and maintain profitable metrics.

Another venture that Shoutmouth team members, primarily PK and DL, launched was the development of over 3,000 niche websites. To create the content for these websites, we employed a virtual work force of over 90 researchers in India and 30 writers and editors in the US.

This experience taught us how to manage a large workforce, train writers to improve content quality and motivate a large group of people. These skill sets will be critical in allowing Shoutmouth to grow the content of the site, as developed by both staff and members, while maintaining quality standards.

IV. Marketing Plan

Shoutmouth’s marketing plan includes the following:

Online Advertising : Shoutmouth will initiate pay-per-click advertising campaigns on Google and Yahoo! in order to inexpensively drive traffic to the site. Specifically, Shoutmouth believes it can drive qualified traffic to the site for 20 cents per visitor and achieve a 20% member conversion rate, thus generating members at a cost of $1.00 per member.

Keys to Shoutmouth’s success in achieving this metric include:

  • Conducting thorough keyword research and advertising on appropriate keywords and keyword groups
  • Creating advertising text that maximizes click through rates
  • Creating landing pages that maximize conversions while maintaining the highest Google AdWords quality score possible
  • Closely monitoring conversions to quickly stop and/or modify unprofitable campaigns
  • Getting individuals to enter their email address to join the newsletter is much easier than getting them to join a site where they have to create a username, select a password, etc. As such, step one will be to get visitors to sign up for artist-specific newsletters.
  • Once on the newsletter distribution list, members will constantly receive messages (embedded in their daily newsletter) regarding the benefits of participating more on Shoutmouth.
  • Active Shoutmouth Membership: the constant reminders regarding Shoutmouth’s value proposition in the daily newsletters will influence members to participate more actively on the site (e.g., customize their profile, visit the site more often, etc.).

Invite-A-Friend : Shoutmouth is in the process of creating an aggressive invite-a-friend/member referral program. In doing so, we are following the lead of social movie community, Flixster, which grew to 5 million members within 10 months. It did this by encouraging members, during their initial registration process, to upload and send an invitation to multiple contacts in their email address books. The technology to develop this process is fairly complex and we expect to be completed with and to rollout this program in June 2007.

Direct Email Marketing : Shoutmouth will directly contact bloggers and prominent music fans we find online to tell them about Shoutmouth, encourage them to join, and encourage them to write about Shoutmouth on their blogs and online journals .

Creating/Distributing Buzzworthy/Viral Content : Shoutmouth plans to have several buzzworthy/viral articles (i.e., content that people would want to email to their friends since it is funny, interesting, etc.) on the site each day. With a single click, visitors will be able to send these articles to social bookmarking sites such as Digg.com or Fark.com, where these articles could receive widespread attention. In addition to our traditional news stories, Shoutmouth will also periodically create special reports/features in order to satisfy our members and visitors and to try to get widespread exposure.

An example of the power of such buzzworthy content, Shoutmouth has already succeeded in having two stories accepted by Fark and Digg, which have brought in over 50,000 unique visitors.

Super Fans/Street Team Development : Shoutmouth also plans to recruit “super fans.” Super fans are individuals who are passionate about a certain music artist/band and actively contribute articles and/or comments on Shoutmouth. We will recruit these fans, reward them with status (e.g., adding a gold Shoutmouth headphones image to their profile page) and encourage them to more aggressively promote the site by:

  • Submitting more news to Shoutmouth
  • Commenting on more articles on Shoutmouth
  • Growing the Shoutmouth community around their favorite artist(s) by actively recruiting new members to join the site (such as actively posting Shoutmouth-related comments on their MySpace pages, on other music forums, etc.)

Public Relations : Upon financing, Shoutmouth will hire a public relations firm to help us get mentions in media sources ranging from magazines, newspapers, radio, television and blogs. To date, we have developed and issued press releases via Billboard Publicity Wire which have been syndicated throughout the web. An effective PR firm will enable Shoutmouth to quickly reach a wide audience.

Widgets : Shoutmouth will create artist-specific and genre-specific music news widgets. For example, our U2 widget (see example on right) would include all of the recent U2 articles published on Shoutmouth. The widget can easily be placed on MySpace pages, blogs, etc. Each story title in the widget links to the full article on Shoutmouth.

Shoutmouth has great expectations for our widget. To begin, no such widget currently exists as there is no one place to get comprehensive news for specific music artists. Secondly, each time someone places a Shoutmouth widget on their blog or social networking page, it will effectively market Shoutmouth to a wide audience at zero cost to us.

V. Technology/Site Development Plan

This section provides a brief roadmap of the initial and future functionality of Shoutmouth.

Initial Site Functionality

The initial Shoutmouth website will include the following features:

  • Ability to submit and comment on news stories
  • Ability to suggest new music artists to add to the site
  • Ability to create user profiles
  • Ability to receive customized news and email alerts
  • Articles categorized by artist and core genre (e.g., Rock, Rap, Pop, etc.)
  • Music artist sections which includes News, Bio and Fans

Future Site Functionality

Shoutmouth will use news and basic functionality as the platform though which we will build a thriving music community. After initial launch, the Shoutmouth technology team will work on incorporating additional features such as:

  • Ability to message other members via the site (e.g., members will have an Inbox on the site)
  • Event calendars: members will receive online calendars. With the click of a button, the member will be able to add tour dates of their favorite artists/bands to their calendar.
  • Articles also categorized by sub-genre (e.g., Alternative Rock, West Coast Rap, etc.)
  • Music artist sections to also include videos, audio files, photo galleries, reviews and event calendars to which members can upload files and vote on top content.
  • Forums and member blogs
  • Music compatibility testing (suggestions on song/artists members might like)
  • Trivia quizzes
  • Music playlists

VI. Financial Plan

Revenue Model

During the first six months, Shoutmouth will not generate any revenues as it will not sell advertising space nor offer products for sale. This decision has been made to spur the growth of the Shoutmouth community. By initially positioning Shoutmouth more as a non-profit, for-the-people-by-the-people venture, members will be more prone to promote the site and invite their friends than if the site looks too commercial.

Starting in September 2007, Shoutmouth will primarily generate revenues from selling advertising space. As technologies (such as the Snocap music widget) evolve that allow us to seamlessly integrate music sampling and purchasing on our site, sales of downloadable music are also expected to be a significant revenue source. To a lesser extent, we may sell other music-related items such as ringtones, concert tickets, and apparel.

Funding To Date

To date, Shoutmouth’s founders have invested $500,000 in Shoutmouth, with which we have accomplished the following:

  • Built the site’s core technology
  • Hired and trained our core staff (we currently maintain an 11-person full-time team)
  • Populated the website with content (over 10,000 articles and 1,200 artist bios)
  • Generated brand awareness among music fans, including driving 50,000 unique visitors in March, 100,000 unique visitors in April, and 200,000 unique visitors in May 2007.

Funding Requirements/Use of Funds

Shoutmouth is currently seeking $3 million to provide funding for the next 24 months. At this point, the site will be profitable and can grow organically, or additional capital may be sought to more aggressively expand our member base.

The capital will be used as follows:

  • Execution of Marketing plan : in order for Shoutmouth to grow its visitor and member base, we need to invest dollars in online advertising and public relations. With regards to online advertising, we are confident that we can enroll members at a cost of $1 per member, which is a fraction of the value of the members to an acquirer (minimum $25 per member), thus providing a significant return on our marketing investments.
  • Execution of Technology plan : in order to build a thriving community, Shoutmouth needs to offer its visitors a “stickier” website and enhanced features. We currently maintain a vast “wish list” of features, such as members uploading and rating pictures and videos, trivia quizzes, and member-to-member messaging, that will significantly improve the site’s functionality and value proposition.
  • Staffing : In order to reach our goals, we will have to hire additional technical and operations personnel.

Financial Projections

Below is an overview of Shoutmouth’s Financial Projections for the next three years. Please see the Appendix for the full financial projections and key assumptions.

Exit Strategy / Valuation Metric

Shoutmouth’s most likely exit strategy is to be acquired by a traditional music website or property (e.g., Viacom/MTV, Ticketmaster, Rolling Stone), an entertainment/media conglomerate (e.g., Yahoo!, IAC/InterActiveCorp, NBC), or a large social networking site (e.g., News Corp/MySpace).

This strategy is supported by the significant M&A activity in the social networking market, which includes the following transactions over the past 24 months:

Del.icio.us social bookmarking 12/05 $30-$35 million Yahoo!
eCrush Inc. teen social network 01/07 Undisclosed Hearst Magazines Digital Media
FanNation sports social networking 01/07 $20+ million Sports Illustrated
Five Across Inc. social networking 02/07 Undisclosed Cisco Systems Inc.
Flickr photo uploading and sharing community 03/05 $15-35 million (rumored) Yahoo!
Grouper video creating, uploading and sharing community 08/06 $65 million Sony Pictures
Jumpcut video creating, uploading and sharing community 09/06 $15 million (rumored) Yahoo!
KiwiBox.com teen social network 02/07 Undisclosed Magnitude Information Systems, Inc.
MyBlogLog blog community tool 01/07 $10 million (rumored) Yahoo!
MySpace social networking 07/05 $580 million News Corp.
Quizilla.com teen social network 10/06 Undisclosed Viacom/MTV Networks
RateMyProfessors.com community focused on rating college professors 01/07 Undisclosed Viacom/MTV Networks
Reddit social news site 10/06 Undisclosed Conde Nast/ Wired Digital
Sconex.com social network for high school students 03/06 $6.1 million Alloy Inc.
TelevisionWithoutPity.com TV fan site 03/07 Undisclosed Bravo
Weblogs Inc. blogging network 10/05 $25 million (rumored) AOL
YouTube video community 10/06 $1.65 billion Google Inc.

Regarding valuation, below are the estimated valuations of social networking companies on a per member basis upon exit:

  • Del.icio.us: $50 – $100 per member
  • MySpace: $25 per member
  • Xing (business social network): $137 per member at IPO in 10/06
  • Flickr: $56 – $130 per member
  • Grouper: $130 per member

Based on this data, not only are social networking sites a promising investment, but sites that can acquire members for less than $25 each (a conservative valuation estimate based on the figures above), should earn a solid return on investment. As discussed above, Shoutmouth’s goal is to acquire members for no more than $1 each.

In addition, per the membership projections above, Shoutmouth’s valuation at the end of 2009, at a $25 valuation per member, is expected to be $239 million. A more conservative, using a 24.4 time EBITDA multiple (the average multiple of tech M&A deals in 2006 according to The M&A Advisor), yields a $121 million valuation in 2009.

Shoutmouth’s founding team includes entrepreneurs and managers with a track record of success and a history of successfully working together.

Management Team

DL, Co-Founder and CEO

D has a history of successfully launching and growing businesses of all sizes. As president and co-founder of an entrepreneurial services firm., D has personally assisted in the launch and development of over 100 ventures.

Over the past three years, D founded and has managed The Kisco Group which includes an affiliate marketing division (2006 revenues exceeded $3 million), a search engine optimization business which includes a network of 3,000 websites (2006 revenues exceeded $500,000) and an e-commerce business (which includes TopPayingKeywords.com and ShowerHeadsEtc.com).

D earned his Bachelors degree from the University of South Carolina.

PK, Co-Founder and Vice President of Operations

For the past two years, P has managed The Kisco Group’s search engine optimization business where he hired, trained and managed nearly 100 employees and a dozen outside firms. During this time, P has honed his management skills with regards to content development, marketing and operations.

P has had a passion for music since childhood and has been a semi-professional drummer for the past 15 years.

P earned his Bachelors of Arts degree, magna cum laude, from Clemson University.

PF, Co-Founder and Vice President of Technology

For the past year, P has managed The Kisco Group’s affiliate marketing business. In addition to setting up and managing widespread marketing campaigns, P has developed sophisticated analytic techniques to precisely analyze web traffic in order to optimize profitability.

Since August 2006, P has shifted his efforts and leveraged his technology skills in developing the Shoutmouth website. P has been instrumental in selecting the Content Management Platform upon which Shoutmouth is built, and finding and managing the technology team.

P earned his Bachelor of Arts degree from Swarthmore College.

AB, Marketing Manager

A’s background in music includes being a singer, songwriter, guitarist and producer. He has also worked on the marketing side of music, having marketed Veritas Records through the development and distribution of promotional materials.

A’s career also includes psychological research and administration, having served as a Research Assistant with the Interpersonal Perception And Communication Laboratory in Cambridge, MA.

A earned his Bachelor of Arts degree in Psychology from Ohio State University.

M, Lead Technology Developer

M is an experienced web programmer with expertise in web design, application development and database development among others.

M’s work experience includes serving as a Senior Developer at Spheres. M has also engaged in multiple, long term freelance projects including serving as a Database Developer Consultant with The Penn Group and a Web Developer Consultant with Volution Media Group and Allied Online Consulting Group.

M earned his Bachelors degree in Computer Science with a minor in Cognitive Science from Rutgers University.

Content Development Team

Shoutmouth’s writing team, managed by PK, includes the following members:

  • JS, Editorial Manager: former content manager and copywriter for Scholastic Inc. and Promotions.com.
  • TZ: former music intern (Virgin Records and WRRV) and author of the blog, The Tom Z Show .
  • ML: former assistant editor for Adventure Publishing; author of the blog Certified Gangsta ; and former editor-in-chief of Fordham University’s newspaper The Paper .
  • SB: former staff writer for Paste Magazine , The Clarion Ledger , and Nightclub and Bar Magazine among others.
  • CSJ: former editorial intern for Rolling Stone and Editorial Assistant for Psychology Today .

Outsourced Technology Team

Shoutmouth works very closely with 2skies, a technology firm based in Australia with staff in Australia and the United States. 2skies is run by JDN, one of the co-founding developers of XE, the platform upon which Shoutmouth is built.

XE is an extensible, Open Source web application framework written in PHP and licensed under the GNU General Public License. XE delivers the requisite infrastructure and tools to create custom web applications that include fully dynamic multi-platform Content Management Solutions (CMS).

VIII. Appendix: Shoutmouth Financial Projections   3-Year Income Statement

Total Page Views (MILLIONS)
Revenues $165,431 $2,461,127 $7,810,354
Staffing $891,058 $1,328,078 $1,522,923
Outsourced Technology $115,000 $60,000 $60,000
Office Space $26,400 $90,000 $90,000
Advertising $254,000 $900,000 $900,000
Other Marketing/Public Relations $72,000 $120,000 $150,000
Web Hosting $11,500 $33,900 $55,500
Other $38,000 $60,000 $60,000
$1,407,958 $2,591,978 $2,838,423
($1,242,527) ($130,851) $4,971,931
Depreciation $1,600 $4,200 $5,800
($1,244,127) ($135,051) $4,966,131
Income Taxes @ (40%) ($497,651) ($54,020) $1,986,452
Income Taxes Paid $0 $0 $1,434,781
Income Tax Credit ($497,651) ($551,671) $0
($1,244,127) ($135,051) $3,531,350

3-Year Balance Sheet

As of December 31

Cash $1,845,206 $1,614,336 $4,726,360
Accounts Receivable (30 days) $13,597 $202,284 $641,947
Inventory $0 $0 $0
Current Assets $1,858,803 $1,816,620 $5,368,307
Other Assets
Equipment (Computer systems, office equipment, etc.) $16,000 $26,000 $32,000
Accumulated Depreciation ($1,600) ($5,800) ($11,600)
Total Long-Term Assets $14,400 $20,200 $20,400
$1,873,203 $1,836,820 $5,388,707
Accounts Payable (30 days) $117,330 $215,998 $236,535
Total Current Liabilities $117,330 $215,998 $236,535
Long Term Debt $0 $0 $0
Paid In Capital $3,000,000 $3,000,000 $3,000,000
Retained Earnings ($1,244,127) ($1,379,178) $2,152,172
Total Equity $1,755,873 $1,620,822 $5,152,172
$1,873,203 $1,836,820 $5,388,707

3-Year Cash Flow Statement

Net Income/Loss ($1,244,127) ($135,051) $3,531,350
Depreciation $1,600 $4,200 $5,800
Minus Increase in Accounts Receivable ($13,597) ($188,687) ($439,663)
Plus Change in Current Liabilities $117,330 $98,668 $20,537
Net Cash Flow from Operating ($1,138,794) ($220,870) $3,118,024
Purchases of Property & Equipment ($16,000) ($10,000) ($6,000)
Net Cash Flow from Investing ($16,000) ($10,000) ($6,000)
Cash Received from Investors $3,000,000 $0 $0
Net Cash Flow from Financing $3,000,000 $0 $0
$1,845,206 ($230,870) $3,112,024
$1,845,206 $1,614,336 $4,726,360

Growthink logo white

Academia.edu no longer supports Internet Explorer.

To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to  upgrade your browser .

Enter the email address you signed up with and we'll email you a reset link.

  • We're Hiring!
  • Help Center

paper cover thumbnail

Related Papers

RUDN Journal of Engineering researches

The modern architecture of the Arabian Gulf has become an international icon after the completion of Burj Al Arab in 1999. Since then, many more modern buildings were built in order to host the numerous international companies residing or branching in the Arabian Gulf especially in Dubai. This article will examine few examples of the modern architecture the Arabian Gulf, some of many amazing projects were constructed, alongside a brief introduction, what challenges the architecture faces in the Arabian Gulf, and what’s the future seems like.

business plan on business center

The majority of Russian housing stock was built after World War II and needs modernization. About 60% of the Russian multi-family apartment buildings are in need of capital repairs. When attaching energy-efficiency improvements to the mandatory repairs, implementing these is cheaper than taking separate measures. District heating is mainly used for space heating in Russian apartment buildings. Due to the technical structure of the district heating used in Russia, energy renovations of single buildings seldom lead to reduced energy production. Energy production demands are reduced only if the residential districts and their various utilities and networks are renovated holistically. This publication examines the business aspects for energyefficient renovations of Russian residential districts. One Moscow district is used in part as a case example. In a previous study, alternative energy renovation concepts, called Basic, Improved and Advanced, reducing the environmental impacts of the...

Buildings Journal

Kheir Al-Kodmany

The first two decades of the twenty-first century represent a major milestone in skyscraper developments. By analyzing extensive data, the research presented here contrasts building activities of skyscrapers before and after the turn of the 21st century. It examines tall buildings in the world’s major continents (Asia, Europe, North America, Oceana, Middle East, South America, Central America, and Africa) and their respective cities including Shanghai, Beijing, Shenzhen, Bangkok, London, Moscow, New York, Chicago, Miami, San Francisco, Melbourne, Sydney, Dubai, Doha, Riyadh, Tel Aviv, São Paulo, Panama City, Mexico City, and Nairobi. By using nearly 40 tables and 80 maps, the paper highlights the rapid activities of building significant skyscrapers at greater heights, elucidates the changes in functions and services, and delineates shifts in spatial patterns and visual impact.

Alexey Deyev

Abstract—The development and transformation of the post - socialist city is one of the actual problems of modern urbanism. Currently, Tyumen is an actively developing city, provided with all modern improvements, the administrative center of the Tyumen region. Historically, the city serves as an industrial, scientific and technical base of the West Siberian oil and gas complex and has a favorable demographic structure of the population. In the future, it may become the largest innovative engineering oil and gas industry service center of the country. The aim of the study is to analyze the experience of post- industrial transformation of Tyumen. The article is based on the methodological developments of foreign and Russian scientists, such as n. Bourdieu, Chansawang, Ilchenko M., Kirkby.John.R., Tang Wing-Shing, Catalepton, Monica Pietrzak-Franger, Engel B., Hatherley., Neugebauer, K. S., E. Posokhova. To carry out the research, such methods as factor analysis, individual expert survey, estimation of the level of development of the social and economic situation of Tyumen were used. In the article the authors analyzed the experience of post- industrial transformation of the urban space of Tyumen. The research of strengths and weaknesses, opportunities and threats of social and economic development of the studied city is carried out. On the basis of this analysis were identified a number of patterns of development of Tyumen. The result of the study is the development of a model of transformation of the urban space of the center of the regional region. In the process of developing a model of planning the territory was determined by theplanning structure of the Tyumen municipal district. Keywords—post-industrialism, the city, urban studies, innovative development.

16th International Multidisciplinary Scientific GeoConference SGEM2016, Informatics, Geoinformatics and Remote Sensing

Jaroslav Burian

Robert Argenbright

Abstract: An American geographer specializing in Russia examines the unprecedented plan announced in mid-2011 by the country’s President Dmitriy Medvedev to expand the territory of Moscow and move government offices to newly annexed areas. The plan aims to increase the land area of the capital by 155 percent, mainly by annexation of a vast tract southwest of the city. The author demonstrates that while “New Moscow” is envisioned as a multi-polar and low-density urban site, the historic core would likely focus on tourism. He discusses the official reasons given for the immense undertaking, the potential problems raised by urban specialists and local media, as well as the results of public opinion polls detailing the attitudes of Muscovites toward the city’s proposed transformation.

Mehdi Fallahi Panah

Streets as being one of the most important urban elements which determines the urban moving pattern as well as urban socio-economic life are equipped by streetscape that can play a significant role in social life of people. It depicts the physical appearance of city center related to streets and the feeling of what makes the streets a successful commercial axis. The important public spaces in Sabzevar Central Business District (CBD) streets need to be elevated under physical characteristics to create a pleasant urban space and to affect social, economic and cultural parameters. This paper attempts to comprehensively and objectively evaluate physical qualities of Sabzevar central street environment. Qualities such as historical monuments, mixed-use, architectural values, landscape, attractiveness and vital environment have been analyzed as the requirements of user’s need in their daily activities. It is focusing on the physical profile of CBD streets and how a better street life and street quality can be provided.

Maria Krylova

Thesis "Potentials for the development of "airport city" concept in Russia"

Elena Shuvalova

A new period of flourishing of high-rise construction in Russia began in 2000s. The data of this study show that 64% of the tallest buildings in Russia (i.e. above 109 m) was built during the abovementioned period. This happened due to the successful recovery of the national economy after the 1998 crisis and, consequently, an increase of interest in real estate investment. The last issue facilitated development of the high-rise construction in Moscow and in the regions during the second tall buildings' peak in 2000s. The paper shows trends and perspectives of high-rise construction development in Russia. Keywords: 101 tallest buildings in Russia, economic growth, high-rise construction, skyscraper, skyscraper index

Loading Preview

Sorry, preview is currently unavailable. You can download the paper by clicking the button above.

RELATED PAPERS

Hyoung Wang , Dean Cira

Dr Javaid Ahmad

Florian Steinberg

Mario Payes

RELATED TOPICS

  •   We're Hiring!
  •   Help Center
  • Find new research papers in:
  • Health Sciences
  • Earth Sciences
  • Cognitive Science
  • Mathematics
  • Computer Science
  • Academia ©2024

You are using an outdated browser. Please upgrade your browser .

Russian Tours and Cruises from Express to Russia

Moscow International Business Center (Moscow City)

  • Guide to Russia

What can you do at Moscow City?

  • Dine in style: Moscow City is home to 100+ cafes and restaurants, including Europe’s highest restaurant and ice-cream shop
  • See Moscow like never before: Ascend to one of Moscow City’s observation decks for an unparalleled panorama of Moscow
  • Admire world-class architecture: Each of Moscow City’s skyscrapers has distinctive architecture and design
  • Learn something new: Visit the Museum of High-Rise Architecture in Moscow or the Metro Museum

Moscow City is a multifunctional complex in the west of Moscow, which has come to represent the booming business of Russia’s capital. Its skyscrapers enrich Moscow’s skyline, contrasting the medieval cupolas and Stalinist high-rises. Visitors to Moscow City can enjoy entertainment high in the sky, as the complex is home not just to offices, but to restaurants, cinemas, viewing platforms, and museums.

Moscow International Business Center (Moscow City)

Photo by Alex Zarubi on Unsplash

History of Moscow City

Moscow City was first conceived in 1991 by honoured Soviet architect Boris Tkhor, who proposed to construct a business center in Moscow. It would be complete with gleaming skyscrapers rivalling those of New York and London, to reflect the new life and growing ambitions of post-Soviet Russia.

The chosen site was a stone quarry and disused industrial zone in western Moscow, in between the Third Ring Road and Moskva River. Initially, the territory was divided into 20 sections arranged in a horseshoe shape around a central zone. The skyscrapers would increase in height as they spiralled around the central section, with shorter structures built on the waterfront to give the taller buildings behind a view of the river. 

Architect Gennady Sirota, who contributed to iconic projects such as the Olympic Sports Complex on Prospekt Mira, was selected as the chief architect, and many other world-famous architects were attracted to Moscow to realise their visions in Moscow City.

What can you see and do at Moscow City?

Where Moscow’s cityscape was once dominated by Stalin’s Seven Sisters skyscrapers , this is no more. Moscow City is home to eight of Russia’s ten tallest buildings, six of which exceed 300 metres in height. More buildings are still under construction there today, including the One Tower (which will be Europe’s second-tallest building). Once completed, Moscow City will comprise more than 20 innovative structures.

Each of Moscow City’s skyscrapers was designed by its own architect, lending the cluster of skyscrapers a unique appearance. Aside from being a site of architectural wonder, Moscow City is a place for leisure and entertainment with over 100 cafes and restaurants, exhibition spaces, cinemas, viewing platforms, and more.

Photo by Nikita Karimov on Unsplash

Federation Tower

  • East Tower: 374m, 97 floors; West Tower: 243m, 63 floors
  • Completed in 2017
  • Architects: Sergey Tchoban and Peter Schweger

The East Federation Tower is the tallest building in Moscow, and the second-tallest building in Europe after the Lakhta Centre in St Petersburg. Visitors can enjoy a luxurious meal of seafood, truffles or steak at restaurant ‘Sixty’ on the 62nd floor of the West Tower, or visit Europe’s highest observation deck, ‘Panorama 360’, on the 89th floor of the East Tower.

Did you know? The ice cream and chocolate shop on the 360 observation deck are the highest in the world!

  • South Tower: 354m, 85 floors; North Tower: 254m, 49 floors
  • Completed in 2015
  • Architect: Skidmore, Owings & Merrill LLP

The South OKO Tower is the third-tallest building in Russia and Europe. Here, you can visit ‘Ruski’ to dine on hearty Russian cuisine cooked on a real Russian stove, and have a drink in the ice bar. Alternatively, visit restaurant, nightclub and performance space ‘Birds’; the restaurant is the highest in Europe, situated on the 86th floor roof terrace alongside an observation deck. The OKO Towers are also home to karaoke club ‘City Voice’.

Did you know? Underneath OKO Towers is the largest underground parking in Europe, with 16 levels and 3,400 parking spaces.

Mercury Tower

  • 339m tall, 75 floors
  • Architects : Mikhail Posokhin, Frank Williams, Gennady Sirota

Another multifunctional skyscraper, which was designed as the first truly ‘green’ building in Moscow. The Mercury Tower has a distinct geometric shape and copper-coloured glazing, and was the tallest building in Europe upon completion. Visit ‘More i myaso’ (Sea and meat) on the first floor of the tower to enjoy European and Mediterranean cuisine whilst surrounded by greenery. On the 2nd and 40th floors a modern art gallery, the ‘ILONA-K artspace’, has just opened.

City of Capitals

  • Moscow Tower: 302m, 76 floors; St Petersburg Tower: 257m, 65 floors
  • Completed in 2009
  • Architect: Bureau NBBJ

The unique geometric design of the City of Capitals towers resembles stacks of rotating blocks, and is rooted in Constructivism of the early Soviet period (many Soviet Constructivist buildings can be found in Moscow). Visitors to the Moscow Tower can enjoy a range of cuisines – traditional Italian dishes on the summer terrace of ‘Tutto Bene’, Panasian cuisine in the tropical luxury of the ‘Bamboo Bar’ on the 1st floor’, and poke or smoothie bowls at ‘Soul in the Bowl’ cafe on the 80th floor.

Tower on the Embankment

  • Tower A: 84m; Tower B:127m; Tower C: 268m, 61 floors
  • Completed in 2007
  • Architects: Vehbi Inan and Olcay Erturk

After completion, the Tower on the Embankment was the tallest building in Europe, and is now the 13th tallest. It houses the headquarters of several large Russian and international  companies, including IBM and KPMG. There are two cafes located on the 1st floor of Tower C – self-service café ‘Obed Bufet’ (Lunch Buffet) and Bakery Chain ‘Khleb Nasushchny’ (Daily Bread).

Evolution Tower

  • 255m tall, 54 floors
  • Architects: Philip Nikandrov and RMJM Scotland Ltd

Evolution is Moscow City’s most recognisable tower, and the 11th tallest building in Russia. Its façade is a true architectural marvel, comprising continuous strips of curved glazing spiralling high into  the sky. According to the architect, Philip Nikandrov, the spiral shape of the tower honours centuries of architectural design in Russia, from the onion domes of St Basil's Cathedral to Vladimir Shukhov’s Tatlin Tower, a masterpiece of Constructivist design. Outside the Evolution tower is a landscaped terrace and pedestrian zone descending to the Presnenskaya Embankment, which was also designed by Nikandrov.

Did you know? Moscow’s largest wedding palace was supposed to be built on the site of the Evolution tower, though the project was abandoned.

  • 239m tall, 60 floors
  • Completed in 2011

Imperia’s interesting design has a curved roof and an arched glass façade. Inside the tower are various cafes including ‘City Friends’ for all-day breakfasts and light lunches, ‘Mama in the City’ for simple meals of Russian cuisine, and ‘abc kitchen’ for European and Indian-inspired dishes. Alternatively, visit ‘High Bar’ on the 56th floor for cocktails with a view. In Imperia you’ll also find the Museum of High-Rise Construction in Moscow (suitably located on the 56th floor), and the Camera Immersive Theatre.

Did you know? Inside Vystavochnaya metro station is the Metro Museum , dedicated to the history of the beautiful Moscow Metro!

  • 130m tall, 26 floors
  • Completed in 2001
  • Architect: Boris Tkhor

Tower 2000 was Moscow City’s first tower. It stands on the opposite bank of the Moskva River, and houses a viewing platform from which visitors can admire an unparalleled panorama of Moscow City. The Bagration Bridge reaches across the river from the tower to Moscow City, and underneath are piers from where you can take boat trips.

Photo by Alexander Popov on Unsplash

Afimall is Moscow’s largest entertainment and shopping complex, home to 450 shops, cafes and restaurants, a cinema, and a virtual-reality game park. The shopping centre is located in the central section of Moscow City, and a cinema and concert hall are currently under construction there.

What’s nearby?

Sechenov Botanical Gardens: The botanical gardens of the First Moscow State Medical University was created for students’ training and research in 1946. Today it is open for free visits, and is home to a large arboretum.

Park Krasnaya Presnya: This park belonged to the Studenets estate of the Gagarin princes. It is a monument of 18th and 19th century landscaping, with Dutch ponds, ornate bridges, and tree-lined alleys. There are also sports facilities, sports equipment rental, and cafes.

Botanical Gardens

Photo by Akkit  on Wikipedia

Essential information for visitors

Website: https://www.citymoscow.ru/

Email: [email protected]

Phone: +7 (495) 730-23-33

Nearest metro: Mezhdunarodnaya (closest to the skyscrapers), Delovoy Tsentr (underneath Afimall), Vystavochnaya (closest to Expocentre)

Related Tours

Classic Moscow

Classic Moscow

This is our most popular Moscow tour that includes all the most prominent sights. You will become acquainted with ancient Russia in the Kremlin, admire Russian art in the Tretyakov Gallery, listen to street musicians as you stroll along the Old Arbat street, and learn about Soviet times on the Moscow Metro tour.

Accommodation

PRIVATE TOUR

Two Capitals and the Golden Ring

Two Capitals and the Golden Ring

This tour covers the best sights of Moscow and St. Petersburg along with a trip to the Golden Ring - a group of medieval towns to the northeast of Moscow. Ancient Kremlins, onion-shaped domes and wooden architecture is just a small part of what awaits you on this amazing tour.

Moscow - St. Petersburg 3-star cruise by Vodohod

Moscow - St. Petersburg 3-star cruise by Vodohod

This is our most popular cruise covering Moscow and St. Petersburg and all of the significant towns between these 2 cities. Besides the Two Capitals, you will visit the ancient towns of Uglich, Yaroslavl and Goritsy, the island of Kizhi, and Mandrogui village.

Cruise Ship

Our travel brands include

russianrail.com

Express to Russia

Join us on Facebook

We invite you to become a fan of our company on Facebook and read Russian news and travel stories. To become a fan, click here .

Join our own Russian Travel, Culture and Literature Club on Facebook. The club was created to be a place for everyone with an interest in Russia to get to know each other and share experiences, stories, pictures and advice. To join our club, please follow this link .

We use cookies to improve your experience on our Website, and to facilitate providing you with services available through our Website. To opt out of non-essential cookies, please click here . By continuing to use our Website, you accept our use of cookies, the terms of our Privacy Policy and Terms of Service . I agree

  • Hispanoamérica
  • Work at ArchDaily
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Moscow International Business Center

Moscow International Business Center: The Latest Architecture and News

Moscow's high rise bohemia: the international business district with no business.

Moscow's High Rise Bohemia: The International Business District With No Business - Featured Image

The Moscow International Business Center (Also known as Moskva-City ) was meant to be Russia ’s ticket into the Western world. First conceived in 1992, the district at the edge of Moscow’s city center is intended to contain up to 300,000 inhabitants, employees and visitors at any given moment and, when completed, will house over 4 million square meters of prime retail, hotel and office space to create what the Russian government desired most from this project: an enormous financial district that could dwarf London’s Canary Wharf and challenge Manhattan . Twenty three years later though, Moscow-based real estate company Blackwood estimates that as much as 45% of this new space is entirely vacant and rents have plummeted far below the average for the rest of Moscow. The only press Moskva-City is attracting is for tenants like the High Level Hostel , a hostel catering to backpackers and other asset-poor tourists on the 43rd floor of the Imperia Tower , with prices starting at $25.50 for a bed in a six-person room. This is not the glittering world of western high finance that was envisioned back in the post-Soviet 90s; but what has it become instead?

Moscow's High Rise Bohemia: The International Business District With No Business - Image 1 of 4

  • Read more »

business plan on business center

Climate Solutions » Business Leadership

New index tool to streamline company communication on corporate transition plans.

Press Release September 19, 2024

WASHINGTON – As more companies publish net-zero transition plans, a group of NGOs has developed a new tool to enhance plan transparency and comparability. The group, which includes the Center for Climate and Energy Solutions (C2ES), BSR, Ceres, Environmental Defense Fund (EDF), and We Mean Business Coalition (WMBC) will release the Transition Plan Index during New York Climate Week. The Index is a simple tool all companies with a transition plan can use to more clearly communicate the targets, timeline and strategies that make up their transition plan.

Implementing the Transition Plan Index is best practice for companies with a stand-alone plan and those whose plan is contained in another document such as an annual sustainability report.  In both cases, use of the index enables more efficient communication of transition plan elements, assessment of plan completeness, and comparability across companies.

“Corporate transition planning – and the actions that underpin it – are key to achieving a resilient net-zero economy. The Transition Plan Index is a simple concept with the potential for significant impact,” said Nat Keohane, President of C2ES.

“Helping companies more clearly communicate their net-zero plans facilitates stakeholder assessment and feedback that will promote stronger business action on climate and clean energy.”

Transition Plan Index templates are available for GFANZ, TPT, ISSB, and ESRS planning guidance; additional guidance templates may be added to the Index in the future.  An accompanying resource document includes in-depth instructions, best practices, transition plan resources and other helpful information.  The Transition Plan Index templates and resource documents can be downloaded from the C2ES website .

For any inquires about the Index, please contact Nicholas Franco, C2ES Director of Corporate Low Carbon Transition Planning at [email protected].

Related Content

Press release.

September 19, 2024

Tags Corporate Low Carbon Transition Planning

BELC Events for Climate Week 2024

September 23, 2024 – September 27, 2024

C2ES at NYC Climate Week 2024

  • S&P 500
  • Commodities
  • Personal Finance
  • Company News
  • Real Estate
  • International
  • Newsletters

Ontario Teachers’ Pension Plan to Sell Brazil Mall Stake After Two Decades

(Bloomberg) -- Ontario Teachers’ Pension Plan, one of Canada’s largest institutional investors, is set to unload its entire stake in Multiplan Empreendimentos Imobiliarios SA, the Brazilian mall operator in which it first invested in 2006.

The Rio de Janeiro-based company agreed to buy back about 90 million shares from the Canadian fund in a deal that still needs shareholder approval. The remaining 21.2 million shares will be acquired by the controlling and founding Peres family, according to a filing. Ontario Teachers’ is likely to rake in about 2.47 billion reais ($450 million). 

Even though the repurchase program may increase the company’s leverage ratio, the mall operator can still maintain its spending plans, focusing on expansion, BTG Pactual’s Gustavo Cambauva said in a note to clients.

“The company is mulling options to reduce its debt level and considering some asset sales,” Multiplan Chief Executive Office Eduardo Kaminitz Peres said during a conference call with analysts. He added that the company wants to be ready for other opportunities and isn’t looking for another reference shareholder.

The Canadian fund started it divestigure plans in April in a block trade operation handled by Goldman Sachs’ brokerage firm.

Since going public in 2007, Multiplan’s shares have climed 221%, compared to a 145% gain for Brazil’s benchmark Ibovespa index.

The shareholders’ meeting is scheduled for Oct. 21, according to Multiplan’s filing.

(Updates CEO comments in 4th paragraph.)

©2024 Bloomberg L.P.

Top Stories

business plan on business center

Shifting RRSP and TFSA contributions before year-end could bring bigger tax savings: Dale Jackson

business plan on business center

Barclays Adds to Canada Hiring Spree With Ex-Citi Banker Davis

business plan on business center

Legacy, financial opportunity likely motivated Rogers for MLSE takeover: experts

business plan on business center

Foreign buyer ban ‘unnecessary:’ Royal LePage

business plan on business center

BoC should be ‘careful on over-correcting’ amid ‘highly restrictive’ rates

business plan on business center

Watch LIVE: BNN Bloomberg

business plan on business center

Using technology to combat human trafficking

business plan on business center

Addressing the crisis in access to primary healthcare

business plan on business center

Three Mile Island nuclear plant to restart

business plan on business center

Outlook on US Fed rate cuts

business plan on business center

BNN Bloomberg's closing bell update September 20, 2024

Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru

  • Warren Buffett's riches will go to a charitable trust controlled by his three children when he dies.
  • He's avoiding taxes and making his kids into philanthropic titans, a wealth inequality guru says.
  • Vast personal fortunes distort democracy and suggest the system has failed, Chuck Collins told BI.

Insider Today

Warren Buffett lives a simple life, steers clear of politics, and has gifted more than half of his vast fortune to good causes, promising that virtually all the rest will follow.

Yet even the 94-year-old investor who runs Berkshire Hathaway is cutting out the taxman and setting his children up to wield massive influence once he's gone, an expert on wealth inequality tells Business Insider.

Chuck Collins is the director of the inequality program at the Institute for Policy Studies, and the author of "The Wealth Hoarders: How Billionaires Spend Millions to Hide Trillions."

He told Business Insider why $100 billion fortunes are dangerous, how they could be cut down to size, and why even Buffett shouldn't be let off the hook .

Collins' responses have been edited for length and clarity.

There are more than a dozen people each worth more than $100 billion. What do you think about that?

These concentrations of wealth are a reflection of a system failure. A healthy capitalist and democratic society must put some brake on the concentration of wealth and power to prevent it from distorting democracy.

Forty years of tax, wage, and other policies have funneled wealth to the top — rather than see it broadly distributed through higher wages for workers or paying a fair share of taxes.

What do you think about someone like Warren Buffett, who lives a relatively simple life and has pledged to give virtually all of his vast fortune away?

Related stories

Buffett is not a conspicuous consumer. Even his private jet was initially named the "Indefensible." And Buffett does less to aggressively wield his power and influence in the public sphere. You don't see his name on the list of big political donors. And he and Bill Gates started The Giving Pledge to encourage other billionaires to give to philanthropy.

But most of Buffett's wealth will flow in the form of donations to the tax-exempt family foundations run by his three kids, rather than paying estate taxes or taxes on appreciated gains. On the positive side, he's not creating private wealth dynasties. But his children will become philanthropic titans by wielding taxpayer-subsidized private power through enormous charitable foundations upon his death.

Buffett has gifted Berkshire stock worth billions to his children's charities since 2006. He plans to give almost all his remaining $140 billion fortune to a charitable trust when he dies. His three kids will be the named trustees and will have to agree unanimously on how the money is used.

How would you tackle the problem of wealth inequality at a scale where individuals can amass net worth of $100 billion-plus?

As a society, we should adapt several public policies to discourage such democracy-distorting levels of private wealth:

1. A progressive annual wealth tax , with rates becoming steeper as wealth goes above $1 billion.

2. A meaningful inheritance tax , taxing wealth transfers at death. For this to be effective, we have to crack down on the massive wealth-hiding industry.

3. A cap on the charitable deduction so that wealthy people, like Buffett, don't get to opt out entirely of paying taxes.

Watch: The man Clarence Thomas raised 'as a son' arrested on drug and weapons charges

business plan on business center

  • Main content

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

  • Academic Affairs
  • Advancement & Marketing
  • Enrollment Management
  • Finance, Business Affairs & Strategy
  • Office of the President
  • Student Affairs
  • By the Numbers
  • Campus & Community
  • Departments
  • Life at Samford
  • Maps & Directions
  • Mission, Vision & Values
  • Air Force ROTC
  • Core Writing
  • Biblical Foundations
  • Concepts of Fitness & Health
  • Honors Programs
  • Scholars Programs
  • Special Programs
  • Graduate Programs
  • Online Programs
  • Continuing Education
  • Non-Degree Programs
  • Study Abroad
  • Academic Centers
  • Scholarship & Research
  • University Library
  • Visit Campus
  • International Students
  • Transfer Students
  • Payment Plans
  • Student Loans
  • Student Employment
  • Scholarships
  • Tuition & Fees
  • High School Counselors
  • Refer a Student
  • Orientation
  • Financial Aid
  • Request More Info
  • Legal Disclosures
  • Event Calendar
  • Media Experts
  • News Releases
  • Publications
  • Student Life

Samford Unveils $85 Million Recreation, Wellness & Athletic Complex That 'Stands Among the Best' Facilities in the Nation

Email Share Icon

Samford University celebrated the debut of its 165,000-square-foot Campus Recreation, Wellness & Athletic Complex—an $85 million project that combines world-class fitness amenities with communal spaces for students and faculty.

“This proudly stands among the best such facilities in the nation,” said Samford President Beck A. Taylor during today’s ribbon cutting. “It's a game-changer for Samford.”

The massive four-story complex features basketball, racquetball and pickleball courts, along with studios for spin classes, yoga, pilates, Zumba and barre core. There are tonal strength stations, free weights, cardio and circuit training, turf areas, billiards, an elevated jogging track, a coffeehouse and 24-hour market. There’s also an esports lounge designed to launch the university’s new video gaming program.

“This is the first building block of a very ambitious plan to continue elevating Samford as a top residential university in the country,” said Taylor, only weeks after the university announced a 16th consecutive year of record-breaking enrollment. “Our students and families are choosing Samford in record numbers, because we're all about residential experience.

“Above all, this complex is a place for community. Obviously, students will use the equipment, but they'll have the opportunity to run into each other, to encourage one another, and to study for an exam between an intramural game. This is going to be a real hub in the West Campus area.”

Senior U.S. District Court Judge Karon O. Bowdre (inactive), chair of the Samford University Board of Trustees, recalled how nearly two years ago Taylor and trustees began shaping a vision to enrich campus life. That master plan, known as  Samford Horizons , includes a reimagined dining experience, four new residence halls scheduled to open in 2025, a 550-space parking deck, and today’s debut of the high-end recreation facility, which coincided with Samford’s annual Family Weekend.

“I am delighted that so many students are here to share in this celebration,” Bowdre told the audience. “This is your day, and we are thrilled to be here with you.”

James Jefferson, Samford’s student government president, toured the expansive complex and proclaimed it a milestone moment. “Years from now,” he said, “we will remember this day and how we felt with the new possibilities opening for us.” 

Nick Madsen, executive director of campus recreation, was part of a leadership team that evaluated recreational facilities at more than 20 major universities to inform Samford’s design. 

“We were seeking to understand what those schools liked, what they didn’t like, and what they wished they had in their facilities,” Madsen said. “We researched a lot of different universities to see what they had, and we wanted ours to be the best. We want this to be a showcase, and it is the best around the Southeast. This facility is going to bring students here.’ 

The complex will soon employ 100 student workers, Madsen said, doubling the student staff from the previous recreation center.

One emphasis was constructing studios large enough to accommodate Step Sing groups that previously staged some of their practices off-campus. “This facility has a ton of space, and it’s smartly designed with multiple workout areas,” Madsen said. “We wanted to give everyone the opportunity to find that little pocket area where they feel comfortable. Sometimes facilities just have one huge workout space, which can be very intimidating.”

Encompassing intramural sports, events and lounge spaces, along with renovations to the  Samford CARES  counseling facilities, the complex reveals a purposeful blueprint encouraging the holistic wellness of Samford students in mind, body and spirit. 

“By Samford really investing in a wellness district with facilities and resources, we are sending a message to students that their health matters and the best health is integrated health,” said April Robinson, assistant vice president of student development and support. “Samford's mission is to nurture persons, and we are committed to nurturing the whole person.” 

Numerous Birmingham-based and national firms participated in the construction project, including Davis Architects, a firm that has guided Samford’s campus design since the 1950s. “Davis Architects created a dynamic plan that integrates the old and the new into our campus aesthetic while transforming the interior of the buildings to meet the needs and desires of our students,” Taylor said.

In an effort to manage energy consumption, reduce water usage, improve indoor air quality and improve environmental performance, Samford is pursuing LEED certification for the Campus Recreation, Wellness and Athletics Complex. “We hope this building speaks not only to the wellness of our students, but also to our commitment to a well world,” Taylor said. “It will be a few months before our certification is confirmed, but we are saving a place right inside the front door for Samford’s new LEED plaque.” 

The stunning new footbridge attached to the complex and spanning the north end zone of Pete Hanna Stadium will be named in honor of Samford distinguished graduate Dr. Buddy Larry Thorne.

The complex officially opens to students, faculty and staff on Sept. 30, with daily operating hours running 5:30 a.m. to 11 p.m.

  • Digital Publications
  • E-Newsletters
  • RSS News Feeds
  • Social Media

Cookie Preferences | Privacy Policy | Software Plugins

Microsoft Excel®

Microsoft Power Point®

Microsoft Word®

Adobe Portable Document Format

Facebook Icon

We use cookies to improve our site, personalize content and serve more relevant advertising on other platforms. We do not sell visitor data. View our privacy policy.    Accept Preferences

  • Necessary cookies are not collected for this site.
  • Preference cookies allow this site to remember your choices.
  • Performance cookies provide vital information for troubleshooting problems and improving the user experience. They are anonymized and do not personally identify you.
  • Work & Careers
  • Life & Arts

BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure

Limited time offer, save 50% on standard digital, explore more offers..

Then $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial.

Premium Digital

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

  • Global news & analysis
  • Expert opinion
  • FT App on Android & iOS
  • FT Edit app
  • FirstFT: the day's biggest stories
  • 20+ curated newsletters
  • Follow topics & set alerts with myFT
  • FT Videos & Podcasts
  • 20 monthly gift articles to share
  • Lex: FT's flagship investment column
  • 15+ Premium newsletters by leading experts
  • FT Digital Edition: our digitised print edition

FT Digital Edition

10% off your first year. The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App.

Terms & Conditions apply

Explore our full range of subscriptions.

Why the ft.

See why over a million readers pay to read the Financial Times.

IMAGES

  1. How to write a business plan for a business center?

    business plan on business center

  2. VISUAL TOUR

    business plan on business center

  3. Business Center Business Plan

    business plan on business center

  4. Free Printable Business Plan Sample Form (GENERIC)

    business plan on business center

  5. Business Plan Flowchart Complete Guide

    business plan on business center

  6. Isometric office design business center plan Vector Image

    business plan on business center

VIDEO

  1. Business Plan: Entrepreneur’s Nightmare or Dream?

  2. Business Plan / Entrepreneurship Development

  3. How to Calculate a Plan

  4. Meta Fund full Business plan

  5. Essential Components of a Winning Business Plan/Components of a Comprehensive Business Plan Part 1

  6. Top 10 Do and Don't of Business Plan Writing

COMMENTS

  1. Write your business plan

    A good business plan guides you through each stage of starting and managing your business. You'll use your business plan as a roadmap for how to structure, run, and grow your new business. It's a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners.

  2. How To Write A Business Plan (2024 Guide)

    The business plan should have a section that explains the services or products that you're offering. This is the part where you can also describe how they fit in the current market or are ...

  3. How to write a business plan for a business center?

    A business plan has 2 main parts: a financial forecast outlining the funding requirements of your business center and the expected growth, profits and cash flows for the next 3 to 5 years; and a written part which gives the reader the information needed to decide if they believe the forecast is achievable.

  4. Writing a Small Business Plan in 7 Steps

    Marketing plan: Identify your niche. Here, you'll highlight how you plan to promote your business and generate revenue. Describe in detail what your product or service does and how it will help consumers. Explain how your product is unique from others on the market, and how you will promote your business and generate revenue.

  5. Simple Business Plan Template (2024)

    This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and ...

  6. How to Write a Business Plan for a Small Business

    Products and services description. When writing a business plan, the produces and services section is where you describe exactly what you're selling, and how it solves a problem for your target market. The best way to organize this part of your plan is to start by describing the problem that exists for your customers.

  7. How to Create a Business Plan: Examples & Free Template

    Tips on Writing a Business Plan. 1. Be clear and concise: Keep your language simple and straightforward. Avoid jargon and overly technical terms. A clear and concise business plan is easier for investors and stakeholders to understand and demonstrates your ability to communicate effectively. 2.

  8. How to open a business center?

    Choose the right concept and position your business center on the market. The next step to start a business center is to choose the company's market positioning. Market positioning refers to the place your product and service offering occupies in customers' minds and how it differs from how competitors are perceived.

  9. Business Plan, Business Plan Templates, Business Plan Samples

    Business Plan Templates - an Alphabetized List. The following is a collection of sample business plans. Many of the business plan samples are provided by Palo Alto Software, the Makers of Business Plan Pro. Individuals working with their local SBDC, may receive a discount code for business plan software from participating SBDCs.

  10. How to Write a Business Plan, Step-by-Step (Free Templates)

    How to write a detailed business plan. Let's walk through writing a detailed business plan step-by-step and explore an example of what a finished business plan (for a local swim club Pools & Laps) built with LivePlan's business plan builder looks like. 1. Executive summary.

  11. Bplans: Business Planning Resources and Free Business Plan Samples

    Business Glossary. Definitions for common terminology and acronyms that every small business owner should know. Bplans offers free business plan samples and templates, business planning resources, how-to articles, financial calculators, industry reports and entrepreneurship webinars.

  12. Free Business Plan Template for Small Businesses

    To write a simple one-page business plan, follow the same core sections as a traditional plan. But instead of lengthy paragraphs and multiple pages covering each area of your business, stick with single sentences and bulleted lists. If a one-page plan sounds like a better option, download our free simple one-page business plan template to get ...

  13. Business Plan Templates: 26 FREE Samples

    A business plan is a document that helps small business owners determine the viability of their business idea. Combining market research and financial analysis, a professional business plan helps startup CEOs and potential investors determine if the company can compete in the target market. Typically, a good business plan consists of the following:

  14. Call Center Business Plan Template [Updated 2024]

    Call Center Business Plan. Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their call centers. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a call center business plan ...

  15. Business Plan Format & Structure

    Organize your Marketing Plan into the 4 P's - Price, Product, Promotions and Place. If you have multiple products or services, include a menu with each key item and its price. 7. The Operations Plan Format. Your Operations Plan identifies your key operational processes and milestones you expect to accomplish.

  16. 9 Business Plan Examples to Inspire Your Own (2024)

    5. Marketing plan. It's always a good idea to develop a marketing plan before you launch your business. Your marketing plan shows how you'll get the word out about your business, and it's an essential component of your business plan as well. The Paw Print Post focuses on four Ps: price, product, promotion, and place.

  17. 18 of My Favorite Sample Business Plans & Examples For Your Inspiration

    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. A strategic business plan is another business plan that's often shared internally.

  18. 300+ Free Business Plan Examples for 2024

    With Growthink's Ultimate Business Plan Template you can finish your plan in just 8 hours or less! Click here to finish your business plan today. Download over 300 free business plan examples to help you write a winning business plan to start and/or grow your business in 2024.

  19. (Pdf) Business Centers: Classifications, Main Properties and

    УДК 711.1 BUSINESS CENTERS: CLASSIFICATIONS, MAIN PROPERTIES AND REQUIREMENTS Z.S. Alhalabi, S.M. Khalabi, I. Khalil Peoples' Friendship University of Russia Miklukho-Maklaya str., 6, Moscow, Russia, 117198 Business centers are becoming one of the most important architectural components of modern cities; the need of such centers became a ...

  20. Moscow International Business Center (Moscow City)

    255m tall, 54 floors. Completed in 2015. Architects: Philip Nikandrov and RMJM Scotland Ltd. Evolution is Moscow City's most recognisable tower, and the 11th tallest building in Russia. Its façade is a true architectural marvel, comprising continuous strips of curved glazing spiralling high into the sky.

  21. Moscow International Business Center

    The Moscow International Business Center (Also known as Moskva-City) was meant to be Russia 's ticket into the Western world. First conceived in 1992, the district at the edge of Moscow's city ...

  22. Moscow International Business Center

    The Moscow International Business Center (MIBC), [a] also known as Moscow-City, [b] is an under-construction commercial development in Moscow, the capital of Russia.The project occupies an area of 60 hectares, [1] and is located just east of the Third Ring Road at the western edge of the Presnensky District in the Central Administrative Okrug.Construction of the MIBC takes place on the ...

  23. Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI

    The plan signals the gargantuan amount of power needed for data centers for AI, along with the tech industry's thirst for a carbon-free, round-the-clock electricity source needed to meet climate ...

  24. New Index Tool to Streamline Company Communication on Corporate

    Press Release September 19, 2024 WASHINGTON - As more companies publish net-zero transition plans, a group of NGOs has developed a new tool to enhance plan transparency and comparability. The group, which includes the Center for Climate and Energy Solutions (C2ES), BSR, Ceres, Environmental Defense Fund (EDF), and We Mean Business Coalition (WMBC) will […]

  25. Ontario Teachers' Pension Plan to Sell Brazil Mall Stake After Two

    (Bloomberg) -- Ontario Teachers' Pension Plan, one of Canada's largest institutional investors, is set to unload its entire stake in Multiplan Empreendimentos Imobiliarios SA, the Brazilian mall operator in which it first invested in 2006. The Rio de Janeiro-based company agreed to buy back ...

  26. Warren Buffett's Death Plan Dodges Taxes, Empowers ...

    Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru Theron Mohamed 2024-09-19T08:42:06Z

  27. Small Business Development Centers (SBDC)

    SBDC Programs deliver professional, high quality, individualized business advising and technical assistance to existing small businesses and pre-venture entrepreneurs. SBDCs provide problem-solving assistance to help small businesses access capital, develop and exchange new technologies, and improve business planning, strategy, operations ...

  28. Petrobras CFO Sees 'Realistic' Spending in Next Business Plan

    Petrobras's next five-year business plan will have realistic investment levels and could possibly include an increase in how much debt the company can take on, Chief Financial Officer Fernando ...

  29. Samford Unveils $85 Million Recreation, Wellness & Athletic Complex

    Founded in 1841, Samford is the 87th-oldest institution of higher learning in the United States. Samford enrolls 6,101 students from 45 states, Puerto Rico and 16 countries in its 10 academic schools: arts, arts and sciences, business, divinity, education, health professions, law, nursing, pharmacy and public health.

  30. BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure

    BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centres and energy projects to meet growing demands ...