What is a business plan?

A business plan is a written document that describes your business, its objectives and strategies, the market you are targeting and the financial forecast for your business. This helps you set realistic and timely goals, secure external funding, clarify operational requirements, and establish reasonable financial forecasts.

When do I need to use a business plan?

A business plan is a key document that you need to have when you are launching a new business. You may also need a business plan in the following situations: When you are changing your existing business model When you are seeking funding from investors When you are attracting potential partners

Do I really need a business plan?

You need a business plan if you are considering starting and developing a new business.

Can I make changes to my business plan after creating one?

Yes, you can update your business plan as your business evolves. LegalNature makes this process simple by storing your completed business plan in your LegalNature account so that you can make edits as needed.

Business Plan Template | Create, Save & Print

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Our business plan template

Is comprehensive and industry-specific
Highlights all essential aspects of your business
Protects your proprietary information
Specifies the industry position, marketing strategy, startup costs, and much more

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Create your business plan in 3 steps

Complete Obligations

Gather Information

As you complete your business plan, you will need to provide certain relevant information. Business plans commonly include the following company information: executive summary, history and mission statement, goals and objectives, owners and management and their qualifications, products and services, etc.

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Answer Key Questions

After determining your business’ strategy on the items listed above, our form wizard will guide you through compiling this information into your business plan. We provide step-by-step guidance so that you can tailor your plan to highlight your business’ strengths while providing a balanced assessment of the challenges you will face.

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Review and Adopt

After completing our form wizard, review your plan in detail in order to verify that it will meet your needs. Once you are well acquainted with your business plan, you will be ready to present it to potential investors, consultants, and other interested parties. Some or all of your plan may be incorporated into a slide presentation with additional graphs and visuals to help your audience follow along.

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