Business Plan Templates - Good choice or bad?
Business plan templates – Good choice or bad? – I’m often asked about using templates to create a business plan. Are they a good option or not? To provide a well-rounded answer, I’d need to delve into specifics. Nonetheless, here’s a general take that might serve as a starting point.
Understanding the Purpose of Your Business Plan
Type One: For Outside Funding
Type Two: Internal Strategy Plans
Three keys for an effective internal plan:
- Articulate your vision and passion. In turbulent times, purpose matters.
- Design practical systems and processes to fulfill your vision.
- Create an accountability structure to drive implementation. Don’t let the plan sit on a shelf.