Visit our COVID-19 Support Hub >. Business plan templates. Are you an employer looking to set up Kickstart placements? This section also includes a clear and concise overview of the goals your business is trying to achieve over a set period of time. It reflects all of your revenue sources (like sales or other payments from customers) compared to your expenses (like supplier payments, premises rental and tax payments). Here are just seven: A Business Plan can include whatever information you feel is required to best convey how you are planning to make your business sustainable and, when it comes to applying for a Start Up Loan, the following are the core sections we require. Please visit our. The format of this download is a .zip file. As such, startup financial Startup Financial Plan Excel Template – A financial plan template that turns your conceptual business plan into a numerical model with real numbers. You might include information about where you’ll distribute your products, what your branding and logo will be and what pricing you’ll apply. You can also use this section to detail any processes that are important to your operations, as well as any industry, tax or legal regulations related to your business. Be as clear and concise as possible and avoid waffle. Though the projections are subjective, in the long run, such data will become more realistic, especially with a solid and working business plan. Not knowing your expected income and expenditure will make it difficult to plan, and hard to find investors.. They are not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). When writing a business plan, you'll be required to show Cash Flow Projections for each month over a period of one year as part of the Financial Plan of your startup. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk, Start Up Loans uses cookies on this website. It is a company limited by guarantee, registered in England and Wales, registration number 08117656, registered office at 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ. Your operational plans: This will be different depending on your business model, but may include information on where you’ll trade (like a home office or external premises), the number of staff you’ll need to employ, what their roles will be and any equipment or tools you’ll need to run your business. A business plan is the blueprint for your business and is a great tool for focusing your thinking. We would like to keep you up to date by email with useful business tips, advice and information about our product that can assist with your start up journey. You can update your preferences at any time. The Start-Up Loans Company is a wholly owned subsidiary of British Business Bank plc. If your business isn’t going to make any money, it won’t be successful so you need to be very clear on how you will make a profit. Our Loan Assessment team will want to see that the Start Up Loan will support your overall business objectives. Presentation matters: proof read, review and format your document. our plan will be incredibly useful when it comes to securing loans and investment, but that’s not its only use. Financials Many business plans include a financial section, which outlines how you’ll fund all of the activities you’ve outlined and what revenue you expect to generate. Secure a health and social care opportunity >, Business plan template (Word) (doc, 393kb), Business plan financial tables (Excel) (xls, 52kb). Provides a structured way of organising your thoughts and clarifying your idea. British Business Bank plc and its subsidiaries are not banking institutions and do not operate as such. Whether you are already running a business, or making plans to start one up, financial planning is a vital part of ensuring your success. It is a company limited by guarantee, registered in England and Wales, registration number 08117656, registered office at 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ. The Start-Up Loans Company is a wholly owned subsidiary of British Business Bank plc. There are many great reasons why it is worth your time creating a Business Plan – even if you’re not quite ready to apply for a Start Up Loan. It helps us determine whether you will be able to manage your monthly loan repayments and whether your business will be able to support your lifestyle. Our free downloadable templates are designed to help you organise your business idea, develop your plans and figure out how to make your start up work. Loans are strictly for 18s and over. Download our free templates to help you organise your thoughts and develop your plans. Thank you for downloading our Business Plan Template, By downloading this guide, you agree to our, Thank you for downloading our Cash Flow Forecast Template. These simple and professional business plan templates from Templates.net can help you set out your business idea, plan the road map for your business formation and help you attract funding. Loans are strictly for 18s and over. And it is deemed as conventional that all the business plans should be consisted of these parts to make it professional, authorized and feasible. Read on below for more information about the key sections of a Business Plan. Personal loans for business use only. Please note, the following documents should open on any device with a document viewer and editor but for the best user experience, we recommend editing this template on a desktop. Financial Plan; Appendices; As you may have noticed, though business plans differ in details, they basically cover all the above-mentioned parts. It is designed to help you, and others, understand how you plan to generate money and make your business sustainable. A Business Plan is like a blue print for your business - it details all your goals and how you plan to achieve them. Top Tips Be concise Gives you a clear strategy to follow when things get busy. What is a business plan? Even if this is all brand new to you, think about any transferable skills you’ve developed, life experiences you’ve had or training you’ve completed that may be useful. While we encourage you to use this template, it is not mandatory and you are welcome to submit your own Business Plan template provided it details similar information. Rather, these two documents should be complementary. It appears that your browser does not support JavaScript. Privacy Policy Terms and Conditions Transparency. While we encourage you to use this template, it is not mandatory and you are welcome to submit your own Business Plan template provided it details similar information. Your business and key objectives: A brief description of your business and its core products or services. Allows you to measure your progress as you go along. For more in-depth advice, read our guidelines on how to write a Business Plan. If you are applying for a Start Up Loan, you will of course also need to detail how you intend to use the money if you’re successful. Being specific is just as important as being concise. The details will help you drill down into how you will actually deliver your plan. The guide is an annotated version of the Business Plan template with notes from our Business Advisers about what type of information, examples and evidence to include in order to help us understand you and your business. We can help you answer this during our Enterprise programme, which provides you with the skills, tools and confidence you need to become your own boss. Your personal survival budget is a list of all the money you earn or receive in an average month (like a salary, benefits payments or other family allowance) minus a list of all the costs you incur that month (like your rent, your utility bills and your monthly grocery bill). It’s really important that potential investors can understand what your business is all about from a quick glance at your plan. Will you support our Young People Relief Fund? Thank you for downloading our Business Plan Template, By downloading this guide, you agree to our, Thank you for downloading our Cash Flow Forecast Template. British Business Bank plc is a development bank wholly owned by HM Government. Terms and conditions apply. Use evidence and examples to back up any statements you make. If you’re thinking about setting up your own company, getting your business plan right is crucial. It helps us understand how sustainable your plans are and allows you to predict the financial performance of your business. Check out our top tips on how to write a business plan. Terms and conditions apply. Ensures all of your team are working towards the same vision. A big part of knowing whether your business will be successful is understanding your audience. Check out our Cash Flow Forecast guide and template >>. British Business Bank plc is a development bank wholly owned by HM Government.

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