Looking for a low tech business plan, one that has simple inputs, is easy to understand, and won't take you forever to complete? Unfortunately there's no real shortcut in the business planning process, and when you turn to templates or software, the old adage "you get what you pay for" applies more often than not. A low tech business plan might not have or need as many bells and whistles as an advanced proposal with a fully-integrated five year financial pro forma, but even a stripped-down, simplistic business plan will still require a lot of work and a fair amount of research. Consider that your business plan needs to cover all of these bases, at a minimum:
• The market analysis for your product or service
• A complete description of what you offer
• A market needs assessment
• A current industry analysis
• A personnel plan and management bio
The low tech business plan still needs to consider details like your proposed use of funds, the loan repayment schedule or investment return projected, and the break-even point you believe the business can achieve. These details require that you have a complete working financial model, whether it's built in Excel, exported from a custom program, or embedded in a software you've used. If you're unsure of yourself with the financial components or want to outsource the required research to trained analysts, take heart. The team of experts at MasterPlans has written more than 11,000 business plans to date and can assist you in completing a custom plan in under 2 weeks. Call 877-453-2011 now.
