How To Make/Create a Business Plan in Microsoft Word [Templates + Examples] 2023

A business plan is a comprehensive written document that details the company’s goals and objectives and strategies on how to achieve them. It serves as a roadmap for businesses and is essential when seeking out investors, funding, or expansion.

Build a Business Plan in Microsoft Word – Step-By-Step Instructions

Microsoft Word (MS Word, Word) is a word processor that enables its users to create simple to complex documents such as business plans. Making use of a ready-made business plan template will make it easier to complete this document.

Step 1: Look for a Business Plan template in Template.net (Option 1)

First, head over to Template.net and look for a business plan template that you can use. The website has a large selection of templates that can accommodate your requirements.

Step 2: Use the Search Option (Option 2)

You can also use the website’s search option by typing the keywords in the search text box.

Step 3: Select a Business Plan Template

Click on the business plan proposal template you have selected and you will be redirected to a page similar to the one above. 

Step 4: Choose ‘Word’ as the File Format

On the right side of the template, choose ‘Word’ as the file format you can access the document on the said application. After that, the file will automatically download.

Step 5: Open the File in Microsoft Word

Open the downloaded file in Microsoft Word and start editing the template.

Step 6: Update the Cover Page

The very first page of a business plan document is called the cover page which lists basic information such as the title of the document, and the author’s and recipient’s name. Since this is a predesigned template, you can add your graphic design by uploading an image on your computer. Or to settle for a plain background, click on the image on the template, right-click, and select ‘Cut’ on the context menu. 

Step 7: Change the Font Style

Office documents such as business plans should be readable, thus it is important to use the right kind of font style. The most common font style used is Arial, Calibri, and New Times Roman. In Word, you can find these fonts by clicking the ‘Home’ tab.

Step 8: Edit the Document’s Content

Fill out and complete all the necessary details of your business plan. While the specific sections and their order may vary depending on the purpose and audience of the plan, here are the common parts of a business plan: Executive Summary, Company Description, Products and Services, Market Analysis, Marketing Strategies, and Financial Projections. Remember to tailor your plan accordingly and ensure it effectively communicates your business concept and potential for success.

Step 9: Insert Table of Contents

You can also insert a table of contents in your document so your target audience can easily find what they are looking for. To add a table of contents using Microsoft Word, click on ‘References’ on the toolbar and select ‘Table of Contents’.

Step 10: Save Changes

After editing the template save the changes by clicking on the ‘File’ tab. You will find the option to save, print, or share the document on the menu provided.

Business Plans Templates & Examples

A business plan plays a vital role in running any kind of business. That said, there are different types of business plans each serving different purposes or audiences.

Basic School Business Plan Template

A basic school business plan is tailored for those who are planning to open up a new school or those who are thinking of expanding their businesses. It outlines the goals and strategic plans of the business. 

Online Bookstore Business Plan Template

Those who are about to open their online bookstore can make use of this well-crafted online bookstore business plan template. The template is customizable and can be downloaded in various formats. 

Sample Advertising Agency Business Plan Template

This sample advertising agency business plan template is designed to cater to those running their advertising agency. The document will help business owners create business plans to help not only attract new customers but secure funding from banks or investors.

Sample University Business Plan Template

This sample university business plan template will help new school owners with their funding. The template comes with a predesigned layout that can be edited to fit anyone’s needs. 

Basic Business Financial Plan Template

A basic business financial plan focuses on the financial aspects of the business. It contains projections, budgets, and strategies to help achieve a company’s financial goals.

Online Bakery Business Plan Template

An online bakery business plan is a useful planning tool for new and upcoming bakery owners. The template is easy to use as it is editable and comes with a pre-designed layout that anyone can follow through.

Freelance Business Plan Template

Even freelancers would need help planning for their future. That said, a freelance business plan is a great tool to incorporate all those plans and strategies into writing.

Basic IT Business Plan Template

This basic IT business plan template works perfectly for IT companies who need to build up their business solutions and strategies. Not only that, a well-crafted business plan would help win new investors. 

Blank University Business Plan Template

Use this blank university business plan template to outline goals, objectives, and other plans for the school’s future. This business plan can also be used to attract investors and stakeholders.

Sample Lean Business Plan Template

This sample lean business plan is a streamlined version of a traditional business plan that focuses on the essential elements needed to start and operate a business.

FAQs

More in Documents