Businesses need a strong plan that outlines what you aim to achieve and gives you a roadmap to get there. Creating your own business plan doesn’t have to be difficult, simply set aside some time to work through the various elements.

What does the business plan template do?

The template walks you through each stage of a business plan. It will help ensure that nothing gets missed, including essential elements such as:

  • Your profile
  • Your goals
  • Your marketing strategy
  • Your business structure.

When you’re writing your business plan, it’s important to:

  • Be clear and focused about what you want to achieve – and stay realistic
  • Don’t use long words or sentences. Keep your writing clear, simple and easy to understand.

The process of writing a business plan is the perfect time for you to think carefully though every step of your business start-up. You’ll pinpoint weaknesses, identify your strengths, and spot opportunities you might not have thought of.

The process of writing a plan can be enjoyable. It will help you highlight the ideas and activities at the core of your business, and rank your priorities. It could also show you what success will look like, so you can begin measuring it. Each section of the template comes with brief instructions, so that you get the structure right.

When you’re finished, one of our small business bankers would be happy to go over the plan and provide advice and guidance.

Download our business plan template (Word, 150KB) and get started.

Important information

The information contained in this article is correct as of July 2018 and is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, NAB recommends that you consider whether it is appropriate for your circumstances. NAB recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.

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