Business plans aren't just for startups. Developing a business plan for an established business serves several purposes: It can help convince investors or lenders to finance your business, persuade a business buyer to purchase your business or entice partners or key employees to join your company. Most importantly, it serves as a roadmap guiding your business's growth and continued success throughout its following stages.
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TranslateEnglishAfrikaansAlbanianArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChinese (Simplified)Chinese (Traditional)CroatianCzechDanishDutchEsperantoEstonianFilipinoFinnishFrenchGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKhmerKoreanLaoLatinLatvianLithuanianMacedonianMalayMalteseMaoriMarathiMongolianNepaliNorwegianPersianPolishPortuguesePunjabiRomanianRussianSerbianSlovakSlovenianSomaliSpanishSwahiliSwedishTamilTeluguThaiTurkishUkrainianUrduVietnameseWelshYiddishYorubaZulu

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Business Plan Template for an Established Business

September 10, 2024

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Business plans aren't just for startups. Developing a business plan for an established business serves several purposes: It can help convince investors or lenders to finance your business, persuade a business buyer to purchase your business or entice partners or key employees to join your company. Most importantly, it serves as a roadmap guiding your business's growth and continued success throughout its following stages.

Writing a business plan is an opportunity to carefully think through every step to achieving your goals for your company. This is your chance to discover any weaknesses that may threaten your business, identify opportunities you may not have considered, and plan how to deal with challenges that are likely to arise.

This template includes instructions for each section of the business plan for your established business, followed by corresponding fillable worksheet/s.

## Sections of this business plan include:

- Executive Summary
- Company Description
- Products and Services
- Marketing Plan
- Operational Plan
- Management & Organization
- Personal Financial Statement
- Financial History and Analysis
- Financial Plan
- Appendices

The last section in the instructions, “Refining Your Plan,” explains ways to modify your plan for specific purposes, such as getting a bank loan, or for specific industries, such as retail.

After you complete the worksheets, print them out, and you will have a working business plan for your established business. Then, contact a SCORE mentor to review and refine your plan.

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Download SCORE’s templates to help you plan for a new business startup or grow your existing business.

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In this webinar, you will learn how to write a business plan to ensure you can go from business idea to business success.

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So you have created your business plan. Now what?. In this webinar, you will learn the next step, how to execute your business plan.

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