For a one-person, home-based consulting business the operating plan will be short and simple, but for a business such as a restaurant or a manufacturer that requires custom facilities, supply chains, specialized equipment, and multiple employees, the operating plan needs to be very detailed.The Operating Plan Section of the Business Plan will provide you with additional information about your operating plan.
You can turn to How to Write the Competitors Analysis Section of the Business Plan for help.
The Target Market description and Competitive Analysis portions can be two separate sections in the plan or combined as shown: A description of how you intend to entice customers to buy your product(s) or service(s), including advertising/promotion, pricing strategy, sales and distribution, and post-sales support if applicable.
The executive summary should be no more than two pages long, with brief summaries of other sections of the plan.
See How to Write the Executive Summary of the Business Plan to get you started.
The executive summary goes near the beginning of the plan but is written last.
It provides a short, concise, and optimistic overview of your business that captures the reader's attention and creates a need to learn more.Pros of using a business plan template: A good business plan template can help you get your thoughts organized.It can provide a guideline so you’re not stuck looking at a blank page trying to figure out where to start.See How to Write The Management Plan Section of the Business Plan before addressing this section.Ownership Structure The operating plan outlines the physical requirements of your business, such as office, warehouse, retail space, equipment, inventory and supplies, labor, etc.Once you complete your simple business plan be sure to format it attractively, print it and get it professionally bound.You want your business plan to convey the best possible physical impression; make it something people are going to want to pick up and look at. That best way to find out whether you do or not is to do your research and write a business plan to see if your idea is feasible.The simple business plan template presented here will get you started.Cons of using a business plan template: While there are benefits to using a business plan template, depending on your situation it may not be the best way to complete your plan. For instance, not only do you have to complete the financial spreadsheets, but you have to do the math yourself.You’ll also have to know enough about the process to be sure you’re getting the numbers in the right place.