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Most business plans fall into one of two common categories: traditional or lean startup. Traditional business plans are more common, use a standard structure, and encourage you to go into detail in each section.
Where can I find a business plan template?
Business plan templates offer step-by-step instructions and prefabricated slides for your executive summary, company overview, financial plan, and more. You’ll even find a business plan template for specific industries including business plan templates in Word for healthcare providers, professional services, and retail.
When to use a business plan or strategic plan?
A business plan will be used primarily to get funding for the venture or direct the operation. So, the two plans are targeting different timeframes in a business history. A strategic plan is used to investigate a future period, usually between three-to-five years.
Last Update: Oct 2021
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