Business Plan for a Startup Business - SMEDA_Business Plan for a Startup Business - SMEDA_Business Plan for a Startup Business - SMEDA_
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Business Plan – Template
Why have a Business Plan?
The real value of your business plan is to empower you in a systematic way to comprehend the dynamics
of your business. It enables you to review your business in a systematic as well as critical way. It may seem
rather frivolous at the beginning, but it definitely avoids costly, perhaps detrimental mistakes later.
Your plan is by far the most important marketing tool for soliciting any kind of business development or
financial support through effective presentation to investors, bankers or any business collaborators. Your
business potential is often judged by appearance of your plan and the strength of your ideas.

How to write a Business Plan for a Startup Business?
A business plan consists of a narrative and a few financial worksheets, all edited into a smooth-flowing
document. Use experts’ assistance, particularly for financial workings, if possible.
All businesses have peculiarities; therefore choose and emphasize on areas of impor