Small and medium enterprises are the backbone of local economies. These businesses provide jobs and other opportunities for the local community while providing significant revenue for the government. While they are beneficial for various parties, their vision is to be an established and well-known enterprise serving both inside and outside their districts. At this moment, business plans come in. Business plans hold the goals of the company in the next years and the required steps to achieve each goal. If you are in the midst of your business planning, this article provides a list of sample Small Business Administration (SBA) business plan templates that you can customize and utilize.
9+ Small Business Administration Business Plan Templates in Google Docs | Word | Pages | PDF
1. Small Business Plan Template
Business plans for small companies are primarily used to seek investments. These documents are presented to potential investors to gain support and funding from other established companies. You can achieve the same feat for your company by starting with this plan template that you can easily edit to fit your situation and needs.
2. Small Business Strategic Plan Template
A general strategic plan is a necessary supplementary document for business plans. It provides the direction that drives towards achieving the corporate mission and vision. It makes more sense of the goals in the business plan because it consists of particular strategies and specific resource allocation. This document can be yours in just a few steps, get it now!
3. Small Business Marketing Plan Template
In the process of achieving the goals, market engagement should also be a priority. Effective marketing is needed to accomplish this goal. If you are still brainstorming for the best marketing techniques for your company, download and use this template to guide you. It already has suggestive content that you can easily customize with MS Word and MAC Apple Pages.
4. Small Business Action Plan Template
Formal business plans are also powerful tools in attracting ace employees that can help manage and stabilize a small and start-up company. This crucial step should be part of the company’s action plan, as well. Action plans are made up of needed actions to complete a strategy. Start your success by drafting the best action plan with this printable template.
5. Small Business Sales Plan Template
Another reason why business plans are essential in starting companies because it is a guide on how to manage the business better. Start-up companies face several management issues; it is best to look back and review the business plan to remind everyone of the goals of the company. Examining the business goals can also set the actions of the management and employees back on track.
6. Startup Business Plan Template
Aside from the goals and strategies, the financial budget for the whole year should also be present in the business plan. It can also show if the revenue is enough to breakeven. The economic activity can also help shape the strategies of the company. For convenience, you can use this professionally written template.
7. Free Small Business Planner Template
Coming up with a business plan is a collaborative effort. Like strategic planning, department heads pitch in their ideas for the betterment of the company. With this Small Business Planner, you can formulate goals and come up with new products and services. This simple document is a handy tool for every business, both starting and established.
8. U.S. Small Business Administration Business Plan
In making an effective business plan, you need to provide a comprehensive background and description of the business concept. The summary includes each of the products and services. Most importantly, you need to add an idea of how to make the enterprise successful. You can use this material as a guide as you draft your plan.
9. Business Plan Outline
As stated earlier, as part of marketing strategies, you need to know your target market and your competitors. In presenting your idea to potential investors, highlight your competitive edge against them. This outline can give you an idea of how to state your advantages concisely and understandably.
10. SBA Business Plan Workbook
If you want a more specific and in-depth understanding of the process behind drafting an SBA business plan, then this workbook is your best reference material. It takes a closer look at the different aspects of the program. You can easily print this out and use it as you make a proposal for your corporate business plan.
5 Steps in Making a Small Business Administration Business Plan
Step 1: Evaluate the Situation of the Company
For you to properly set goals and decide on the correct strategies, you need to know the current standing of your company. You can evaluate your status by utilizing SWOT analysis. You can use your organization’s strengths as your means in implementing your strategies that lead to your opportunities. Weaknesses are opportunities for growth so that you can come up with training materials based on these.
Step 2: Analyze Financial Activity
Aside from the present situation of the company, there is a need to review and analyze the economic activity. The financial standing of your company can dictate your decisions and strategies. Small businesses still have a limited target, so proper allocation of resources is highly crucial. You can use a balance sheet to keep a closer look at your expenses and revenue.
Step 3: Know Target Demographic
In making sure that you are investing in the proper strategies and materials, you need to research your target demographic. Their response to your policy will make or break your company. The business plan should have a comprehensive review of your target audience with data from previous market researches and other reliable sources.
Step 4: Set Short-term and Long-term Goals
Since everything is all set, you can now formulate the goals of your company together with your constituents. You can come up with a checklist for these goals and the necessary steps to achieve them. Also, make sure that these objectives are in line with the overarching goal of the business plan, which is also from the corporate vision.
Step 5: Evaluate your Business Plan
With all the elements set in place, you can review all the contents of your business plan before your employees. The evaluation is a vital process in making sure that the program is understandable. Furthermore, by presenting it to your employees, you can make sure that everyone in the organization is well-aware of the plans, vision, and goals of the company.