business plan library

🎉 Celebrate Small Business Month:

25% Off Annual Plans! SAVE NOW

What stage is your business at?

Tell us and we’ll match you with a special LivePlan discount:

New Business Idea

Startup Phase

Established Business

Enter your email address to unlock it.

Please enter a valid email address

We care about your privacy. See our Privacy Policy .

Samples & Examples

550+ business plan examples to inspire you

Jump-start your own business with real-world business plan examples created in LivePlan.

Trusted by over 1 million small business owners

4.5/5 Google reviews

35-day money-back guarantee Get started risk-free

Don’t start from scratch — get a headstart with real business plan examples

Real business plan library

No business plan experience required

Looking at real business plan examples can help you visualize what a successful plan looks like. With LivePlan you’ll have access to over 550 free example business plans to use as a starting point.

Browse real sample plans covering a broad range of businesses to see how others have written effective executive summaries, planned marketing activities, created financial forecasts, and more.

AI-Powered Planning

Welcome to a world without writers block

LivePlan asks you questions about your business, you simply plug in the answers. It's as easy as that. Get expert guidance, instructions, and examples at each step.

Not sure where to start? The AI-Powered LivePlan Assistant will automatically generate ideas for each section of the plan and offer improved versions of your writing, adjusting for tone, voice, and grammar or spelling errors.

Automatic Financials

Forget the formulas and focus on your vision

Forget the complex formulas and spreadsheets — with automatic financials and drag-and-drop forecasting you can finish faster and be confident your numbers are accurate.

Instantly get tailored revenue and expense suggestions to add to your forecast using the AI-Powered LivePlan Assistant.

Plus, access over 40 benchmark financial metrics so you can see how your key metrics (like net profit margin and marketing spend) stack up against other businesses within your same industry.

• Baker Library
• Special Collections
• Fast Answers
• All Services
• Plan Your Visit
• Working Knowledge
• Academic Programs
• Faculty & Research
• Harvard Business Review
• Initiatives
• Map / Directions
• Owner/President Management (OPM) eBaker
• Start or grow a business

Write a business plan

• Review templates and tools for developing and pitching your business plan.

Public Web sites:

Small business administration.

The "Small Business Planner" section has a specific page of resources to guide you when creating this essential component for getting your business started.

Start-Up Resource Center

An Inc. Magazine Web site offering a useful and thorough how-to guide with advice and ideas on Structuring a Business Plan .

Additional information on Business Plans is available at the Arthur Rock Center for Entrepreneurship. There is also a classic article written by Professor Bill Sahlman on How to Write a Great Business Plan .

Writing a Business Plan: Library Resources- updated June 2020

With Libraries closed during the pandemic, NYPL has expanded access to some research database formerly available only onsite in the library.

Check out this  list of business planning resources  you can now access from home. companies which provide similar products or services to yours.

A business plan is an important tool to communicate your vision, establish goals and plan for the future. To write one you need to do market research about existing and potential customers as well as industry research to understand how your business will fit in. 

New! If you need help with your business plan reseach, or access to more databases, the NYPL Business Center now offers virtual consultations.  Sign up online for a 30 minute video consultation with our librarians. 

Try using these sources for your business plan research:

Reference USA  - temporarily accessible from home with a library card.  Select the " U.S. Businesses " module, choose the " Advanced Search " tab, next click to search " Business Type ". Enter a keyword to find companies in your industry. You can limit to narrow results by county (New York county for Manhattan) or ZIP code, company size, and more. To view your results, update and click. Download the company details you find to your USB drive. Also, check out the charts and heat maps for a more visual display of your results. These can be a handy way to illustrate the competitive landscape for your new business. (Reference USA is available in all NYPL locations.).

Ibisworld    To find in-depth industry data, try  IBISWorld  : browse for an industry or search by keyword. Also check the state reports for New York and the “specialized industries” reports. When you find a report for your specific industry, just click through each tab to view the entire report. ( This database is available only in the Business Library, with printing only enabled, no downloading )

First Research   To find industry data, financials, trends, and challenges, check out  First Research at SIBL. First Research includes "Call Prep," a series of questions you can use when making cold calls to other small business owners to research your industry. (Note: PDFs of First Research industry reports can be found in another online database, Mergent Archives.) (This database is available only in the Business Library.).

Statista    Use Statista to find industry statistics and reports. Note: Statista is available only on select computers in the Business Library. Ask a Business Library staff person to log you in .

Also try these business databases accessible from home (with a library card) and in other NYPL locations:

Business Source Complete  for articles and industry profiles. To find industry profiles use the Advanced Search option. Type a keyword to describe the industry and then limit your results by "publication type" to Industry Profile.

Gale Directory Library  provides access to the  Encyclopedia of Associations  —trade associations can be an excellent source for industry statistics and publications. Use the "Advanced Search" to select the directory to search, and then enter a keyword to describe your industry.

Check out these library research guides for more tips: https://libguides.nypl.org/Business .

Attachments

• reference_usa_logo_0.png

Ask Yale Library

My Library Accounts

Find, Request, and Use

Help and Research Support

Visit and Study

Explore Collections

Innovation & Entrepreneurship Research: Business Plans & Models

• Quick Links to Popular Business Publications
• Data on Innovation & Entrepreneurship
• Business Plans & Models
• Company & Competitor Information
• Industry & Market Research
• Consumers & Demographics
• Financing Deals & Transactions
• Intellectual Property
• Suggested Reading

Featured Resource

• Business Plan Export Tool in Statista Statista's Business Plan Export tool helps you create your business plan in three steps: select market, select region, and export business plan. To access Business Plan Export from the Statista database landing page, click on Expert Tools and select Business Plan Export .

Books at Yale Library

Industry Norms and Ratios

• Dun & Bradstreet Key Business Ratios (Available in Mergent Intellect) Online access to industry benchmarking data, featuring 14 key business ratios for public and private companies in 800 lines of business. Users can choose a one-year or three-year set of ratios.

Librarians That Can Help

Allison Gallaspy

Librarian for Business and Management Marx Science and Social Science Library 203-432-3306 [email protected]

Schedule an appointment with Allison

Librarian for Engineering & Applied Science, Chemistry and Mathematics Marx Science and Social Science Library 203-432-7460

[email protected]

Schedule an appointment with Andy

Erin Wachowicz Librarian for Business and Management Marx Science and Social Science Library 203-432-3306 [email protected]

Schedule an appointment with Erin 

Business Plans Online

The Business Model Canvas

The Strategyzer Business Model Canvas is a tool that allows you to describe, design, challenge, invent, and pivot your business model. Learn more by watching the  Business Model Canvas Explained from Strategyzer on Vimeo .

• Business Model Canvas
• B Plans: How to Write a Business Plan A step-by-step overview. Does not included access to software.
• BEOnline - Business Plans & Forms Resources suggested by the Library of Congress
• Create Your Business Plan - an SBA Guide Includes downloadable templates.
• SCORE Business Planning & Financial Statements Template Gallery Find free business planning, finance, sales, marketing and management templates & guides.
• << Previous: Data on Innovation & Entrepreneurship
• Next: Company & Competitor Information >>
• Last Updated: May 8, 2024 9:52 AM
• URL: https://guides.library.yale.edu/entrepreneurship

Site Navigation

P.O. BOX 208240 New Haven, CT 06250-8240 (203) 432-1775

Yale's Libraries

Bass Library

Beinecke Rare Book and Manuscript Library

Classics Library

Cushing/Whitney Medical Library

Divinity Library

East Asia Library

Gilmore Music Library

Haas Family Arts Library

Lewis Walpole Library

Lillian Goldman Law Library

Marx Science and Social Science Library

Sterling Memorial Library

Yale Center for British Art

SUBSCRIBE TO OUR NEWSLETTER

@YALELIBRARY

Yale Library Instagram

Accessibility       Diversity, Equity, and Inclusion      Giving       Privacy and Data Use      Contact Our Web Team    

© 2022 Yale University Library • All Rights Reserved

Business Plan Development Guide

(6 reviews)

Lee Swanson, University of Saskatchewan

Copyright Year: 2017

Publisher: OPENPRESS.USASK.CA

Language: English

Formats Available

Conditions of use.

Learn more about reviews.

Reviewed by Kevin Heupel, Affiliate Faculty, Metropolitan State University of Denver on 3/4/20

The text does a good job of providing a general outline about writing and developing a written business plan. All of the important steps and components are included. However, the text is light on details, examples, and rationale for each element... read more

Comprehensiveness rating: 3 see less

The text does a good job of providing a general outline about writing and developing a written business plan. All of the important steps and components are included. However, the text is light on details, examples, and rationale for each element of the business plan. Some examples from actual business plans would be helpful.

Content Accuracy rating: 4

For the most part, the content is accurate. The content covers all important aspects of drafting a business plan. I thought the industry analysis could use more information about collecting primary and secondary sources; instead, this information was referenced in the marketing plan section.

Relevance/Longevity rating: 5

Most of the content relies on cites as far back as 2006; however, when it comes to developing and writing a business plan nothing has changed. Thus, the content is current and there is no concern about it becoming obsolete in the near future.

Clarity rating: 4

The text is clear. There are no difficult terms used and the writing is simple. The text uses a lot of bullet points though, which gets tedious to read for a few pages.

Consistency rating: 5

The text does a good job of maintaining consistency in terms of framework and terminology. The text is organized where it's easy to find the information you want in a quick manner.

Modularity rating: 3

The text has a lot of bullet points and the paragraphs are dense. However, the use of subheading is excellent.

Organization/Structure/Flow rating: 5

The book is organized as if you're writing a business plan from start to finish, which is helpful as a practical guide.

Interface rating: 5

There are no navigation problems, distortion of images/charts, or any other display features that may distract or confuse the reader.

Grammatical Errors rating: 5

The text is free of grammatical errors. The sentence structure is simple with many bullet points, which helps to avoid any grammatical issues.

Cultural Relevance rating: 5

This book was written by a Canadian professor and provides references to Canadian sources. However, the information in this text can be used for U.S. schools.

This book is very short and provides a good, general overview about the process of creating and writing a business plan. It won't help a reader if he/she is confused about a certain part of the business plan. The reader will have to find another source, such as "Preparing Effective Business Plans" by Bruce Barringer, Ph.D. The book provides links to good resources and a finished business plan that the reader can reference. I would recommend the book for undergraduate courses.

Reviewed by Kenneth Lacho, Professor of Management, The University of New Orleans on 6/19/18

1. Text is relevant to Canada. Not the United States 2. Needs to cover resources available to entrepreneur, e.g., federal government agencies, trade associations, chambers of commerce, economic development agencies. 3. Discuss local economy or... read more

1. Text is relevant to Canada. Not the United States 2. Needs to cover resources available to entrepreneur, e.g., federal government agencies, trade associations, chambers of commerce, economic development agencies. 3. Discuss local economy or economic area relevant to this proposed business. 4. Business model ok as a guide. 5. Suggested mission statement to cover: product/business, target customer, geographical area covered. 6. Need detailed promotion plan, e.g., personal selling, advertising, sales promotion, networking publicity, and social media. 7. How do you find the target market? 8. Chapter 6 too much detail on debt and equity financing. 9. Discuss how to find sources of financing, e.g., angels. 10. Expand coverage of bootstring, crowdfunding. 11. Chapter 4 – good checklist. 12. Chapter 3 - overlaps. 13. Chapter 7 – 3 pages of executive summary – double or single spaced typing. Number all tables, graphs. 14. Some references out-of-date, mostly academic. Bring in trade magazines such as Entrepreneur.

Content Accuracy rating: 5

In my opinion, the content is accurate and error free.

Relevance/Longevity rating: 4

The material is relevant to writing a business plan. I wonder if the Porter, SWOT VRIO, etc. material is too high level for students who may not be seniors or have non-business degrees (e.g., liberal arts). Porter has been around for a while and does have longevity. The author has to be more alert to changes in promotion, e.g., social media and sources of financing, e.g., crowdfunding.

Clarity rating: 3

As noted in No. 9, the tone of the writing is too academic, thus making the material difficult to understand. Paragraphs are too long. Need to define: Porter, TOWS Matrix, VRIO, PESTEL. A student less from a senior or a non-business major would not be familiar with these terms.

Consistency rating: 4

The text is internally consistent. The model approach helps keep the process consistent.

Modularity rating: 4

The process of developing a business plan is divided into blocks which are parts of the business plan. Paragraphs tend to be too long in some spots.

Organization/Structure/Flow rating: 4

The topics are presented in a logical step-wise flow. The language style is too academic in parts, paragraphs too long. Leaves out the citations. Provides excellent check lists.

There are no display features which confuse the reader.

Grammatical Errors rating: 4

The text has no grammatical errors. On the other hand, I found the writing to be too academic in nature. Some paragraphs are too long. The material is more like an academic conference paper or journal submission. Academic citations references are not needed. The material is not exciting to read.

The text is culturally neutral. There are no examples which are inclusive of a variety of races, ethnicities, and backgrounds.

This book best for a graduate class.

Reviewed by Louis Bruneau, Part Time Faculty, Portland Community College on 6/19/18

The text provides appropriate discussion and illustration of all major concepts and useful references to source and resource materials. read more

Comprehensiveness rating: 5 see less

The text provides appropriate discussion and illustration of all major concepts and useful references to source and resource materials.

Contents of the book were accurate, although it could have benefited from editing/proofreading; there was no evidence of bias. As to editing/proofreading, a couple of examples: A. “Figure 1 – Business Plan… “ is shown at the top of the page following the diagram vs. the bottom of the page the diagram is on. (There are other problems with what is placed on each page.) B. First paragraph under heading “Essential Initial Research” there is reference to pages 21 to 30 though page numbering is missing from the book. (Page numbers are used in the Table of Contents.)

The book is current in that business planning has been stable for sometime. The references and resources will age in time, but are limited and look easy to update.

Clarity rating: 5

The book is written in a straightforward way, technical terms that needed explanations got them, jargon was avoided and generally it was an easy read.

The text is internally consistent in terms of terminology and framework.

Modularity rating: 5

The book lends itself to a multi-week course. A chapter could be presented and students could work on that stage of Plan development. It could also be pre-meeting reading for a workshop presentation. Reorganizing the book would be inappropriate.

The topics in the text are presented in a logical, clear fashion.

Generally, the book is free of interface problems. The financial tables in the Sample Plan were turned 90° to maintain legibility. One potential problem was with Figure 6 – Business Model Canvas. The print within the cells was too small to read; the author mitigated the problem by presenting the information, following Figure 6, in the type font of the text.

I found no grammatical errors.

The text is not culturally insensitive or offensive in any way.

I require a business plan in a course I teach; for most of the students the assignment is a course project that they do not intend to pursue in real life. I shared the book with five students that intended to develop an actual start-up business; three of them found it helpful while the other two decided not to do that much work on their plans. If I were planning a start-up, I would use/follow the book.

Reviewed by Todd Johnson, Faculty of Business, North Hennepin Community College on 5/21/18

The text is a thorough overview of all elements of a business plan. read more

Comprehensiveness rating: 4 see less

The text is a thorough overview of all elements of a business plan.

The content is accurate and seems to lack bias.

Content seems relevant and useful . It does not help an entrepreneur generate ideas, and is very light on crowdfunding and other novel funding source content. It is more traditional. This can be easily updated in future versions, however. "Social Media" appears once in the book, as does "Crowd Funding".

The book is comprehensive, but perhaps not written in the most lucid, accessible prose. I am not sure any college student could pick this up and just read and learn. It would be best used as a "teach along guide" for students to process with an instructor.

The text seems consistent. The author does a nice job of consistently staying on task and using bullets and brevity.

Here I am not so certain. The table of contents is not a good guide for this book. It does make the book look nicely laid out, but there is a lot of complexity within these sections. I read it uncertain that it was well organized. Yes there are many good bits of information, however it is not as if I could spend time on one swathe of text at a time. I would need to go back and forth throughout the text.

Organization/Structure/Flow rating: 2

Similar to the above. I did not like the flow and organization of this. An editor would help things be in a more logical order.

Interface rating: 2

The interface is just OK. It is not an attractice interface, as it presents text in a very dense manner. The images and charts are hard to follow.

I did not find any grammatical errors.

Cultural Relevance rating: 4

I a not certain of the origins of Saskatchewan, but I do feel this is a different read. It is more formal and dense than it has to be. This would be a difficult read for my students. I do not feel it is insensitive in any way, or offensive in any way.

I would not adopt this book if given the chance. It is too dense, and not organized very well, even though the information is very good. The density and lack of modularity are barriers to understanding what is obviously very good information.

Reviewed by Mariana Mitova, Lecturer, Bowling Green State University on 2/1/18

Though this textbook has a prescriptive nature, it is quite comprehensive. The author strikes a good balance between presenting concepts in a concise way and providing enough information to explain them. Many every-day examples and live links to... read more

Though this textbook has a prescriptive nature, it is quite comprehensive. The author strikes a good balance between presenting concepts in a concise way and providing enough information to explain them. Many every-day examples and live links to other resources add to the completeness of the textbook.

Content seems accurate.

Since the content is somewhat conceptual, the text will not become obsolete quickly. In addition, the author seems to be updating and editing content often hence the relevance to current developments is on target.

The text is very clear, written in clear and straight-to-the point language.

The organization of content is consistent throughout the entire text.

The textbook is organized by chapters, beginning with overview of the model used and followed by chapters for each concept within the model. Nicely done.

The flow is clear, logical and easy to follow.

Overall, images, links, and text are well organized. Some headlines were misaligned but still easy to follow.

No concerns for grammar.

No concerns for cultural irrelevance.

Reviewed by Darlene Weibye, Cosmetology Instructor, Minnesota State Community and Technical College on 2/1/18

The text is comprehensive and covers the information needed to develop a business plan. The book provides all the means necessary in business planning. read more

The text is comprehensive and covers the information needed to develop a business plan. The book provides all the means necessary in business planning.

The text was accurate, and error-free. I did not find the book to be biased.

The content is up-to-date. I am reviewing the book in 2017, the same year the book was published.

The content was very clear. A business plan sample included operation timelines, start up costs, and all relevant material in starting a business.

The book is very consistent and is well organized.

The book has a table of contents and is broken down into specific chapters. The chapters are not divided into sub topics. I do not feel it is necessary for sub topics because the chapters are brief and to the point.

There is a great flow from chapter to chapter. One topic clearly leads into the next without repeating.

The table of contents has direct links to each chapter. The appearance of the chapters are easy to read and the charts are very beneficial.

Does not appear to have any grammatical errors.

The text is not culturally insensitive or offensive.

I am incorporating some of the text into the salon business course. Very well written book.

Table of Contents

Introduction

• Chapter 1 – Developing a Business Plan
• Chapter 2 – Essential Initial Research
• Chapter 3 – Business Models
• Chapter 4 – Initial Business Plan Draft
• Chapter 5 – Making the Business Plan Realistic
• Chapter 6 – Making the Plan Appeal to Stakeholders and Desirable to the Entrepreneur
• Chapter 7 – Finishing the Business Plan
• Chapter 8 – Business Plan Pitches

References Appendix A – Business Plan Development Checklist and Project Planner Appendix B – Fashion Importers Inc. Business Plan Business Plan Excel Template

Ancillary Material

About the book.

This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it.

About the Contributors

Dr. Lee Swanson is an Associate Professor of Management and Marketing at the Edwards School of Business at the University of Saskatchewan. His research focuses on entrepreneurship, social entrepreneurship, Aboriginal entrepreneurship, community capacity-building through entrepreneurship, and institutional-stakeholder engagement. Dr. Swanson’s current research is funded through a Social Sciences Humanities Research Council grant and focuses on social and economic capacity building in Northern Saskatchewan and Northern Scandinavia. He is also actively studying Aboriginal community partnerships with resource based companies, entrepreneurship centres at universities, community-based entrepreneurship, and entrepreneurial attitudes and intentions. He teaches upper-year and MBA entrepreneurship classes and conducts seminars on business planning and business development.

Contribute to this Page

• Research Guides
• Public Guides

How to Write a Business Plan

• Getting Started

Before You Write Your Business Plan

Business plan resources online, business plan databases, recommended titles.

• Find Industry Information
• Research Your Competition
• Find Information on your Customers
• Kirstein Business Library This link opens in a new window

Mentoring and Advice

Need extra help? We can put you in touch with a SCORE Mentor or legal help to get answers. 

• SCORE appointments Boston SCORE provides free and Confidential business advice from experienced business professionals at the Kirstein Business Library & Innovation Center. Book an appointment here.

Starting a business can be a daunting task.  Luckily, the Boston Public Library has the resources to help you write your business plan. Use this guide to help you locate data and information to help you build a successful business.    

• What makes your business unique?
• What problem are you solving?
• How does your business solve a problem?
• Who is your ideal customer?
• Who is your competition?
• How will you reach your customers?
• Do you have the right team?
• How will you make money?
• Do you need to work with other partners or companies? 
• Who are the other partners or companies?
• The Business Plan Guide--Bplans.com Articles with a links to a large online collection of free sample business plans. In addition, it has tools and guides to help you manage your business better

• Business Plans: A Step-by-Step Guide--Entrepreneur Information about elements of a business plan from Entrepreneur magazine. Includes a link to forms and templates.
• What You Need to Know About Small Business Plans --The Balance Introduction and tips for creating an effective small business plan for your new business
• Write your Business Plan-- Small Business Administration Information on business plans and general information about starting a business from the Small Business Administration.
• LawDepot LawDepot is now available through OverDrive. Log in using the Libby app or website LawDepot allows you to create your own personalized legal documents specific to your state/province and personal situation.

• Next: Find Industry Information >>
• Last Updated: Mar 6, 2024 1:47 PM
• URL: https://guides.bpl.org/businessplans

Business Planning Guide: Business Plans

• Entrepreneurship / PowerUP!
• Ideation & Viability
• Business Plans
• Business Models
• Pitch Decks
• Financial Projections
• Business Advisement / Mentoring
• Online Startup Training

What is a Business Plan?

A business plan is not a static document that you write once, and writing a business plan doesn't automatically guarantee success. On the other hand, a business plan will allow you to set targets for your business and to communicate your strategy and vision for your team. It also gives you a framework to evaluate your strategy and your financials and determine whether you need to make any changes. Writing a business plan also gives you document to show banks and other potential sources of financing that your business is viable, and a solid plan can also help you negotiate favorable rates from banks and investors. The video below was created by Bplans.com, and explains this in greater detail.

"Creating a Business Plan" Video Course

Books and eBooks

There are several books and eBooks in the library catalog on how to write a business plan. In addition to our general business planning books, we also have several books on how to start a business in a particular industry, and these books also cover how to write a business plan. Click the Subject Headings below to find our general business plan writing books and eBooks.

Business Planning

Small Business

Several of the books and eBooks on how to start a business in a particular industry in the Library Catalog or either from the Home-Based Business Series or Entrepreneur Magazine's start up series. Click the series links below to see if there is a book on your industry or search for other titles by keyword searching "how to start a" and keywords about your type of business.

"Home Based Business Series"

"Entrepreneur Magazine's Start Up"  

Immigrant Business Resources

• BUILDING YOUR BUSINESS IN NEW YORK CITY: A Guide for Immigrant Entrepreneurs This guide offers step-by-step advice for immigrant entrepreneurs planning, launching, or growing a small business. Topics include: signing a commercial lease, navigating government, and understanding the rights of immigrant New Yorkers. Developed by SBS in partnership with Citi Community Development
• YOUR BUSINESS, YOUR FUTURE!: A Basic Guide to Launching a Business for Immigrant Entrepreneurs This guide has been developed for all aspiring and current immigrant entrepreneurs, regardless of immigration status, to help you understand your options for starting and operating your own business in New York State. This guide is provided as an overview and includes information to help you decide which type of business structure is right for you, what the requirements are for forming your business and some of the fees and taxes to expect so that you can stay open for business.

Business Plans Handbook

A great way to start a business plan is to look at business plans that have been written by entrepreneurs or small business owners in your industry. For years, Gale has compiled actual business plans written by actual business people across North America into a publication called the "Business Plans Handbook." All of these business plans are accessible remotely with your library card and PIN through the learning resources listed below.

COPYRIGHT 2009 Gale, Cengage Learning

Other Sample Business Plans

• Bplans.com Bplans.com has over 500 sample business plans from businesses in a variety of different industries. These plans can be searched categorically or by keyword.
• Business Plan Index from the Carnegie Library of Pittsburgh The Carnegie Library of Pittsburgh has made a categorical index of sample business plans. Most of these plans come from the Business Plans Handbook and Bplans.com, but they also list sample business plans from additional websites and some plans that are included in books.

Business Plan Templates

• Bplans.com Business Plan Template Bplans.com has a business plan template that can be downloaded as a word document. According to them, this template has been used by over 500,000 businesses and has been approved by universities such as Princeton and Babson.
• SBA's Build Your Business Plan Tool The U.S. Small Business Administration, or SBA, has created a step-by-step tool for building, editing, and downloading your business plan. Once you register with the SBA, you can edit all of the sections of your plan, save them, update them, and export them to PDF files.
• SCORE Business Plan Template SCORE, which stands for the Service Corps of Retired Executives, has created a downloadable business plan template that includes instructions and fillable worksheets for each section.

Learning Resources

• << Previous: Ideation & Viability
• Next: Business Models >>
• Last Updated: May 1, 2024 3:27 PM
• URL: https://bklynlibrary.libguides.com/planning

Private Library Business Plan Template & Guidebook

Starting a library business may seem overwhelming, however, with the right tools and guidance, you can get your library business up and running quickly and efficiently. Our #1 Private Library Business Plan Template & Guidebook provides a comprehensive roadmap for launching your own library enterprise. With this template, you will have all the resources you need to craft a successful plan and start turning your passions into profit.

Get worry-free services and support to launch your business starting at $0 plus state fees.

• How to Start a Profitable Private Library Business [11 Steps]

How to Write a Private Library Business Plan in 7 Steps:

1. describe the purpose of your private library business..

The first step to writing your business plan is to describe the purpose of your private library business. This includes describing why you are starting this type of business, and what problems it will solve for customers. This is a quick way to get your mind thinking about the customers’ problems. It also helps you identify what makes your business different from others in its industry.

It also helps to include a vision statement so that readers can understand what type of company you want to build.

Here is an example of a purpose mission statement for a private library business:

The purpose of our Private Library business plan is to provide access to quality literature and educational materials to our community members. We will strive to create a comfortable, inviting and inspiring atmosphere for our patrons, and we will actively foster a culture of learning and exploration through our resources and events.

2. Products & Services Offered by Your Private Library Business.

The next step is to outline your products and services for your private library business. 

When you think about the products and services that you offer, it's helpful to ask yourself the following questions:

• What is my business?
• What are the products and/or services that I offer?
• Why am I offering these particular products and/or services?
• How do I differentiate myself from competitors with similar offerings?
• How will I market my products and services?

You may want to do a comparison of your business plan against those of other competitors in the area, or even with online reviews. This way, you can find out what people like about them and what they don’t like, so that you can either improve upon their offerings or avoid doing so altogether.

3. Build a Creative Marketing Stratgey.

If you don't have a marketing plan for your private library business, it's time to write one. Your marketing plan should be part of your business plan and be a roadmap to your goals. 

A good marketing plan for your private library business includes the following elements:

Target market

• Who is your target market?
• What do these customers have in common?
• How many of them are there?
• How can you best reach them with your message or product?

Customer base 

• Who are your current customers? 
• Where did they come from (i.e., referrals)?
• How can their experience with your private library business help make them repeat customers, consumers, visitors, subscribers, or advocates for other people in their network or industry who might also benefit from using this service, product, or brand?

Product or service description

• How does it work, what features does it have, and what are its benefits?
• Can anyone use this product or service regardless of age or gender?
• Can anyone visually see themselves using this product or service?
• How will they feel when they do so? If so, how long will the feeling last after purchasing (or trying) the product/service for the first time?

Competitive analysis

• Which companies are competing with yours today (and why)? 
• Which ones may enter into competition with yours tomorrow if they find out about it now through word-of-mouth advertising; social media networks; friends' recommendations; etc.)
• What specific advantages does each competitor offer over yours currently?

Marketing channels

• Which marketing channel do you intend to leverage to attract new customers?
• What is your estimated marketing budget needed?
• What is the projected cost to acquire a new customer?
• How many of your customers do you instead will return?

Form an LLC in your state!

4. Write Your Operational Plan.

Next, you'll need to build your operational plan. This section describes the type of business you'll be running, and includes the steps involved in your operations. 

In it, you should list:

• The equipment and facilities needed
• Who will be involved in the business (employees, contractors)
• Financial requirements for each step
• Milestones & KPIs
• Location of your business
• Zoning & permits required for the business

What equipment, supplies, or permits are needed to run a private library business?

To run a Private Library business, you will need the following equipment, supplies, and/or permits:

• A computer with internet connection
• Book shelves and storage containers for physical books
• Scanner and printer for organizing and printing documents
• Reception desk or counter
• POS system or payment processing software
• Business license and other permits required by your state/country

5. Management & Organization of Your Private Library Business.

The second part of your private library business plan is to develop a management and organization section.

This section will cover all of the following:

• How many employees you need in order to run your private library business. This should include the roles they will play (for example, one person may be responsible for managing administrative duties while another might be in charge of customer service).
• The structure of your management team. The higher-ups like yourself should be able to delegate tasks through lower-level managers who are directly responsible for their given department (inventory and sales, etc.).
• How you’re going to make sure that everyone on board is doing their job well. You’ll want check-ins with employees regularly so they have time to ask questions or voice concerns if needed; this also gives you time to offer support where necessary while staying informed on how things are going within individual departments too!

6. Private Library Business Startup Expenses & Captial Needed.

This section should be broken down by month and year. If you are still in the planning stage of your business, it may be helpful to estimate how much money will be needed each month until you reach profitability.

Typically, expenses for your business can be broken into a few basic categories:

Startup Costs

Startup costs are typically the first expenses you will incur when beginning an enterprise. These include legal fees, accounting expenses, and other costs associated with getting your business off the ground. The amount of money needed to start a private library business varies based on many different variables, but below are a few different types of startup costs for a private library business.

Running & Operating Costs

Running costs refer to ongoing expenses related directly with operating your business over time like electricity bills or salaries paid out each month. These types of expenses will vary greatly depending on multiple variables such as location, team size, utility costs, etc.

Marketing & Sales Expenses

You should include any costs associated with marketing and sales, such as advertising and promotions, website design or maintenance. Also, consider any additional expenses that may be incurred if you decide to launch a new product or service line. For example, if your private library business has an existing website that needs an upgrade in order to sell more products or services, then this should be listed here.

7. Financial Plan & Projections

A financial plan is an important part of any business plan, as it outlines how the business will generate revenue and profit, and how it will use that profit to grow and sustain itself. To devise a financial plan for your private library business, you will need to consider a number of factors, including your start-up costs, operating costs, projected revenue, and expenses. 

Here are some steps you can follow to devise a financial plan for your private library business plan:

• Determine your start-up costs: This will include the cost of purchasing or leasing the space where you will operate your business, as well as the cost of buying or leasing any equipment or supplies that you need to start the business.
• Estimate your operating costs: Operating costs will include utilities, such as electricity, gas, and water, as well as labor costs for employees, if any, and the cost of purchasing any materials or supplies that you will need to run your business.
• Project your revenue: To project your revenue, you will need to consider the number of customers you expect to have and the average amount they will spend on each visit. You can use this information to estimate how much money you will make from selling your products or services.
• Estimate your expenses: In addition to your operating costs, you will need to consider other expenses, such as insurance, marketing, and maintenance. You will also need to set aside money for taxes and other fees.
• Create a budget: Once you have estimated your start-up costs, operating costs, revenue, and expenses, you can use this information to create a budget for your business. This will help you to see how much money you will need to start the business, and how much profit you can expect to make.
• Develop a plan for using your profit: Finally, you will need to decide how you will use your profit to grow and sustain your business. This might include investing in new equipment, expanding the business, or saving for a rainy day.

Frequently Asked Questions About Private Library Business Plans:

Why do you need a business plan for a private library business.

A business plan for a private library business provides a roadmap for the future of the business and helps define the library's goals and objectives. It also serves as an important tool for potential investors and lenders, helping them to determine whether the library is a viable investment. Additionally, a business plan helps to provide guidance to the library's owners, employees, and board of directors on how best to manage resources and achieve their goals. It also allows owners to anticipate and plan for potential risks that may arise while they are running their business.

Who should you ask for help with your private library business plan?

It is generally recommended that you consult a qualified business consultant, accountant, or lawyer who has experience developing library business plans. They can provide invaluable advice on the best strategies and resources available to you. Additionally, you may want to consider joining a small business networking group or your local Chamber of Commerce to help connect you with other experienced professionals who can offer advice.

Can you write a private library business plan yourself?

Yes, it is possible to write a private library business plan yourself. However, it is recommended that you consult a professional or seek guidance from an experienced business plan writer to ensure that your plan is comprehensive and thorough. Additionally, many online resources can help you develop a business plan for your private library.

Related Business Plans

Home Inventory Business Plan Template & Guidebook

Home Inspection Business Plan Template & Guidebook

Home Decor Business Plan Template & Guidebook

Health And Wellness Business Plan Template & Guidebook

Hauling Business Plan Template & Guidebook

Hardware Business Plan Template & Guidebook

Handyman Business Plan Template & Guidebook

Hair Extension Business Plan Template & Guidebook

Handbag Business Plan Template & Guidebook

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.

Download Free Business Plan Examples

Download a free business plan in pdf or word doc format to make writing a plan fast and easy, find your sample plan.

Discover the sample plan that best fits your business. Search our gallery of over 550 sample business plans and find the one that's right for you.

View the Gallery

What You'll Get:

A complete business plan Unlike other blank templates, our business plan examples are complete business plans with all of the text and financial forecasts already filled out. Edit the text to make the plan your own and save hundreds of hours.

A professional business plan template All 550 of our business plans are in the SBA-approved format that’s proven to raise money from lenders and investors.

Instructions and help at every step Get help with clear, simple instructions for each section of the business plan. No business experience necessary.

A Word doc you can edit We don’t just have PDF documents that make editing a challenge. Each plan is available in Word format so you can start editing your business plan example right away.

Key Sections Included in our Example Business Plans:

Executive Summary : A quick overview of your plan and entices investors to read more of your plan.

Company : Describes the ownership and history of your business.

Products and Services : Reviews what you sell and what you’re offering your customers.

Market Analysis : Describes your customers and the size of your target market.

Strategy and Implementation : Provides the details of how you plan on building the business.

Management Team : An overview of the people behind the business and why they’re the right team to make the business a success.

Financial Plan : A complete set of forecasts including a Profit and Loss Statement, Cash Flow Statement, and Balance Sheet.

Looking for a sample business plan PDF? You can download a few PDF examples below:

• Accounting and Bookkeeping Sample Business Plan PDF
• Agriculture Farm Sample Business Plan PDF
• Cleaning Service Sample Business Plan PDF

Brought to you by

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

Your download should begin immediately

If your download doesn't begin after 5 seconds, please click here .

View our entire gallery of free downloads

You might also enjoy:

The Small Business Toolkit

Access a free list of must–have resources for new and growing businesses in any industry.

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

Business Plans -- How to Write an Effective Business Plan

Business homepage.

• Business Information Website Find quick access to all of the business resources and databases on this homepage along with news, events, research guides, and video tutorials.

Remote Help & Contact

Have business research questions ask us.

Contact the business librarians at  [email protected]  for research help

Looking for in-depth help? Let's meet!

Schedule an appointment for a virtual meeting with a business librarian @ calendly.com/busref

What are business plans?

From the Small Business Administration: A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. As it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs sales personnel, suppliers, and others about your operations and goals.

Before you begin writing your business plan, consider four core questions:

• What service or product does your business provide and what needs does it fill?
• Who are the potential customers for your product or service and why will they purchase it from you?
• How will you reach your potential customers?
• Where will you get the financial resources to start your business?

https://www.sba.gov/offices/district/mo/st-louis/resources/how-write-business-plan

Library Resources

Business Plans Handbook

A compilation of actual business plans developed by small businesses throughout North America.  Business Plans Handbook is part of Gale Virtual Reference Library.  Use the link above to access the online collection.

Web Resources

• Small-Business Glossary of Terms
• Bplans.com: Sample Business Plans
• Business Owners Toolkit / Sample Business Plan Components
• Write a Business Plan
• Business Plan Basics
• Sample Business Plans
• SCORE A resource partner of SBA offering training, certification and a broad array of assistance across the country. Multiple options available in Twin Cities.

Books and Video on Developing and Writing Business Plans

• The business plan workbook   / Colin Barrow, Paul Barrow, Robert Brown. London : Kogan Page, 2005. Online Access. Print: TC Wilson Library Business Reference HD30.28 .B3685 2005
• Plan as you go business plan . Entrepreneur Press, 2008.  TC Wilson Library HD30.28 .B4569 2008 Regular Loan 
• How to prepare a business plan .  Kogan Page, 2008.  Online Access.
• The business plan [videorecording]   / writer/director, Suzi Taylor ; producer, Suzi Taylor ; VEA. Hamilton, NJ : Films for the Humanities and Sciences, [2010] TC Walter Smart Learning Commons HD30.28 .B8525 2010
• Business planning for turbulent times : new methods for applying scenarios   / edited by Rafael Ramirez, John W. Selsky and Kees van der Heijden. London ; Washington : Earthscan, 2010. TC Wilson Library HD30.28 .B848 2010
• Entrepreneur's guide to writing business plans and proposals .  Praeger, 2008. Online Access.
• Creating a business plan : expert solutions to everyday challenges .  Boston, Mass. : Harvard Business School Pub., c2007. TC Wilson Library HD30.28 .C73 2007
• Writing a convincing business plan .  Barron's, 2008. TC Wilson Library HD30.28 .D477 2008 Regular Loan 
• How to write a business plan   / Brian Finch. London ; Philadelphia : Kogan Page, 2010.zz TC Wilson Library HD30.28 .F562 2010
• Ernst & Young Business Plan Guide .  John Wiley, 2007. TC Wilson Library HD62.5 .S556 2007 Regular Loan br>
• Seven step business plan .  Pelican Publishing Co, 2007.  TC Wilson Library HD30.28 .H6725 2007 Regular Loan 
• How to write a business plan .  Mike McKeever. Berkeley, CA : Nolo, 2007. Online Access
• The new business road test : what entrepreneurs and executives should do before writing a business plan   / John W. Mullins. Harlow, England ; New York : Prentice Hall/Financial Times, 2006. TC Wilson Library Reserve HD62.5 .M85 2006
• Anatomy of a Business Plan: a step by step guide to building a business and securing your company's future .  7th edition. 2008. Online Access.
• Entrepreneurial finance: finance and business strategies for the serious entrepreneur   / Steven Rogers ; with Roza Makonnen. New York : McGraw-Hill, c2009. Online Access.
• The Business Plan: How to Win Your Investors Confidence   / by Gerald Schwetje, Sam Vaseghi. Berlin, Heidelberg : Springer-Verlag Berlin Heidelberg, 2007. Online Access.
• The due diligence handbook: corporate governance, risk management and business planning  / Linda S. Spedding. Amsterdam ; Boston ; London : CIMA, 2009. Online Access.
• The marketing plan workbook   / John Westwood. London ; Sterling, VA : Kogan Page, 2005. TC Wilson Library Business Reference HF5415.13 .W482 2005  [Table of contents ]--  http://www.loc.gov/catdir/toc/ecip053/2004026585.html 

Get In-Person Help

• Minnesota Small Business Development Centers This statewide network of Small Business Development Centers provide the professional expertise and guidance that every small business owner needs to flourish in today's competitive and changing business world.
• Small Business Administration -- Minnesota District Office The Minnesota SBA Office is responsible for the delivery of SBA's many programs and services throughout the State of Minnesota. The office is located at 210-C Butler Square, 100 N 6th Street, in downtown Minneapolis across the street from the Target Center. Office hours are 8:00 a.m. until 4:30 p.m., Monday through Friday. The local phone number is 612-370-2324.
• WomenVenture Help for women entrepreneurs.
• Womens Business Centers SBA assistance for women entrepreneurs.

Find Journal Articles

• Business Source Premier Use this popular research database to find business articles from 2,200 journals and magazines in marketing, management, information technology, operations, human resources, accounting, finance and economics dating back to 1965. Additional company and industry profiles from Datamonitor are included along with country reports and SWOT analyses.
• Factiva Full text articles and transcripts from news sources, business magazines, and websites with international and foreign language coverage. Includes daily newspapers, television transcripts, newswires, and all editions of the Wall Street Journal. Financial information for publicly traded companies, stocks, funds, currencies, and common market indexes. Limited to 7 simultaneous users.
• American City Business Journals (BizJournals) Find articles from the Minneapolis St. Paul Business on local companies and other organizations. Students, faculty and staff have full access to Minneapolis/St. Paul Business Journal, including Digital content across 18 different Industries, access to the Weekly Edition, Book of Lists, the Search Archives. Register for an account with a valid @umn.edu e-mail address using the link above. NOTE: Full text access only includes Minneapolis/St Paul market. more... less... Once a personal account is created, you can access from anywhere at https://www.bizjournals.com/twincities/
• U.S. Newsstream This link opens in a new window Search the most recent premium U.S. news content, as well as archives which stretch back into the 1980s featuring newspapers, newswires, blogs, and news sites in active full-text format.
• International Newsstream This link opens in a new window International news from newspapers, newswires, transcripts, and digital-only news sites in full-text format. Over 800 of the world's top news sources.

Your browser does not support javascript. Some site functionality may not work as expected.

• Getting Started
• Overview of Business Plan Components
• Executive Summary & Business Description
• Marketing Plan
• Organization Plan
• Financial Plan & Funding
• Exit Strategy
• University of Washington Libraries
• Library Guides
• Business Plan Tutorial

Business Plan Tutorial: Home

Welcome to the business plan tutorial.

Whether you aim to write a basic business plan for a class assignment or create a robust business plan targeted for investors, this guide can help you.

This guide will walk you through the process of writing a business plan. From brainstorming, to researching, to organizing information, this guide will provide ideas for creating a compelling, attractive plan, and steer you towards relevant resources. 

As a recommendation, begin by reviewing the Getting Started and Overview of Business Plan Components pages. Then, use the subsequent pages in this guide as needed for generating ideas and accessing research tools and resources.

General resources for starting small businesses

• Small Business Guide for Washington State
• Startups E-books from the UW Libraries (UW NetID required)
• Intellectual Property: Patent and Trademark Information Guidance from the UW Libraries Engineering Library

Business & Computer Science Librarian

Acknowledgments

This guide is revised from the original version, which was developed by former ELC Business Librarian, Charlene McCormack in 2010.

• Next: Getting Started >>
• Last Updated: Nov 28, 2023 10:18 AM
• URL: https://guides.lib.uw.edu/busplan

Quick Links:

Creating Your Library's Business Plan: A How‐to‐Do‐it Manual with Samples on CD‐ROM

Library Management

ISSN : 0143-5124

Article publication date: 20 February 2009

• Business plans
• Strategic planning
• Library services
• Financial planning
• Library Performance measurement
• SWOT analysis

Ormsby, R. (2009), "Creating Your Library's Business Plan: A How‐to‐Do‐it Manual with Samples on CD‐ROM", Library Management , Vol. 30 No. 3, pp. 219-220. https://doi.org/10.1108/01435120910937456

Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

Like any librarian with public and academic experience, I've helped many hopeful entrepreneurs and students find resources on business plans. Sometimes, after a busy day of offering a variety of services to diverse users, I've thought, “How is what I'm doing helping to advance our library and our users?”. This well‐written book fills the void in resources specific to guiding librarians through the business planning process so that their organizational vision is better connected to everyday practices.

In the first of ten chapters, Harriman, an experienced library manager, consultant and professor, provides the reasons for developing a business plan – to guide operations and ensure viability and growth. She then outlines a step‐by‐step process for a business plan that describes services, conducts assessments, considers objectives, allocates resources, determines strategies and actions, develops a marketing plan, and measures the results of the actions taken. Components of business plans from varied libraries, information centers, and library associations, in the USA, Canada, Great Britain, New Zealand, and Australia, as well as from business‐oriented sources, such as Entrepreneur.com, are interwoven throughout the work. Although these examples are very helpful, after reading the book, I wished there had been more commentary on why these specific libraries and associations were selected. Non‐US readers might have found helpful the inclusion of free consulting resources equivalent to those referenced as being available from the Small Business Development Centers of the US Small Business Administration.

As Harriman guides librarians along the process, I found two statements, the first relating to assessment – “Design your services only after learning what you clients value and balancing those values against what the library can afford to offer, the mission, and the trends of the information industry” (p. 52) – and the second, relating to marketing – “You provide benefits, not services, and your message communicates this clearly (p. 155) – to be powerful and memorable. The final chapter details how to write an executive summary and recommendations for communicating the plan successfully to all stakeholders.

Harriman puts to rest the thoughts that developing a business plan would be too difficult or would take too much time. One need not “reinvent the wheel” as the accompanying CD‐ROM will save many hours as it replicates the book's templates, worksheets and sample business plans so that the models may be shared, revised and customized to help develop a plan best suited for a specific institution's goals.

This well‐referenced book is strongly recommended as a resource for all librarians who need to develop a complete business plan. Others will find consulting the individual chapters on describing services, conducting assessments and evaluations, creating marketing and financial plans, and improving communications to be a valuable ongoing resource.

Related articles

We’re listening — tell us what you think, something didn’t work….

Report bugs here

All feedback is valuable

Please share your general feedback

Join us on our journey

Platform update page.

Visit emeraldpublishing.com/platformupdate to discover the latest news and updates

Questions & More Information

Answers to the most commonly asked questions here

Collierville plans $17M for fire department, library and more

Molly Mehner was appointed town administrator in 2022. The 2024-25 budget is the second she’s worked on in Collierville. (Mark Weber/The Daily Memphian file)

The Collierville capital-improvements projects include big-ticket items from traffic signals and ambulances to theater enhancements.

Thank you for supporting local journalism.

Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.

Abigail Warren

Abigail Warren is a lifelong resident of Shelby County and a graduate of the University of Memphis. She has worked for several local publications and covers the suburbs for The Daily Memphian.

Want to comment on our stories or respond to others?  Join the conversation by subscribing now.  Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here . 

Sign up for Suburban Spotlight

Sign up to get the latest articles from Suburban Spotlight.

Enter your e-mail address

Please check your inbox to finish the signup process. If you haven't received an email within 10 minutes, check your spam/junk folder or contact us at [email protected] for assistance.

You are already signed up

Manage Your Email Subscriptions

Trending Now

Graceland may be auctioned; elvis heir calls debt claim a fraud, memphis in may names barbecue contest winners, smokeslam announces first-ever winners, cleotha abston sentenced for 2021 rape, ‘slow and painful nightmare’ ends — without closure — for phil trenary’s family.

City of San Diego Official Website

San Diego Weather

Accessibility Tools

Audio/Vision Assist:

Turn On/Off

High Contrast:

More Info on accessibility

San Diego Mayor Todd Gloria

• FOLLOW THE MAYOR:

Home About Meet the Staff Our San Diego Policy Newsroom Photos Contact

Meet the Staff

Our San Diego

Mayor Todd Gloria Releases May Revision of Fiscal Year 2025 Budget

DESPITE TOUGH BUDGET YEAR, MAYOR ENSURES CITY DELIVERS ON CORE SERVICES

FOR IMMEDIATE RELEASE  May 14, 2024

CONTACT: [email protected]

SACRAMENTO –Mayor Todd Gloria today released his updated budget for Fiscal Year 2025. The spending plan maintains core City services and protects the progress the administration has made over the past three years in addressing homelessness, building more housing, keeping the public safe and repairing key infrastructure such as roads and stormwater systems.  

“The substantial deficit facing our city required tough decisions – none of which I took lightly. The final proposed budget released today is a fiscally prudent strategy that protects essential City services and provides additional funding for programming at our libraries and parks, as well as homelessness prevention programs,” said Mayor Todd Gloria. “As your Mayor, I committed to San Diegans that I would draw upon my years of experience to guide us through this difficult financial time and avoid major impacts like browned-out fire stations, reduced hours at libraries or shuttered recreation centers. This budget is balanced and on-time and protects the progress we’ve made on the issues San Diegans care about most.”    

Despite a $172 million deficit, the Mayor’s proposed budget avoids major impacts such as shutdowns of public facilities like fire stations, libraries, recreation centers and pools – thanks in part to prudent actions taken at the direction of the Mayor in March, such as the suspension of non-essential spending in City departments, as well as additional internal controls to ensure the City is filling only the most critical positions before the end of the fiscal year. These mitigation actions proved effective in saving money, allowing the City to make fewer budget cuts than would otherwise have been necessary. 

In adherence to the City budget process, the Mayor is required to propose a draft budget in April based on economic conditions known at the time, and the City Council then holds hearings to solicit public input on the draft budget. In May, the Mayor releases what’s known as the May Revision, based on updated information. This is the final budget proposal that the City Council will vote on in June. 

“Advocacy makes a difference, and this is no better demonstrated than by the updates in the Mayor’s May Revision restoring priority programs,” said Council President pro Tem Joe LaCava. “The community spoke, the Council listened, and the Mayor responded by restoring programs that protect neighborhoods, prevent evictions, and act on our homelessness crisis. We must continue to focus limited resources where they will do the most good and make difficult cuts where they will do the least harm.” 

The Mayor’s proposed budget maintains key services by trimming primarily non-personnel expenses from department budgets, sweeping the unused balances from various special funds back into the General Fund, suspending contributions to reserves, strategic use of grant funding and deploying other one-time measures.   

Those measures included a request to the San Diego Housing Commission to use $15 million in its reserves to backfill the funding for existing programs. In response, Housing Commission leadership stepped up and identified $8 million in funding that can be reallocated, which will require separate Council action for approval.  

The remaining $7 million will be covered by an accelerated disbursement of funding to the City from Round 5 of the State of California's Homeless Housing Assistance and Prevention program (HHAP), secured by the City's Department of Government Affairs.  

Mayor Gloria’s budget provides funding for the following housing and homelessness services programs administered by the San Diego Housing Commission: 

• Eviction Protection Program: The revised budget fully funds the program at $3 million. 
• Multidisciplinary Outreach Team: The revised budget contributes $350,000 to the homelessness outreach program from the general fund, with another $750,000 funded through a state grant. 
• Housing Instability Prevention Program: The revised budget increases funding to the rental-assistance program by $750,000 for a total of $3 million. 
• Neil Good Day Center: The revised budget increases funding for the daytime homelessness services program by $419,000 for a total of $919,000.

“Now, amidst these unprecedented fiscal challenges, we at the Housing Commission understand that it is imperative that we provide resources to focus on supporting those who rely on us,” said Mitch Mitchell, chair of the San Diego Housing Commission. “As part of the City team, we are happy to offer the Commission’s support to do that and look forward to ongoing collaboration with the Mayor and City Council to continue fulfilling our mission this fiscal year and well into the future.”

“Through the Eviction Prevention Program, Legal Aid Society of San Diego (LASSD) provides free legal services to low-income City of San Diego tenants. The EPP is incredibly effective and efficient at preventing homelessness, which benefits tenants, landlords, and the city as a whole. Moreover, the EPP furthers equity by ensuring that justice is not a luxury only to be afforded to the wealthy,” said Joanne Franciscus, CEO and executive director of LASSD. “On behalf of LASSD, our clients, and the many San Diego residents that we will be able to serve over the coming year, I want to express my gratitude to Mayor Gloria and the City Council for working hard to ensure that this critical program remains fully funded, so that our most vulnerable tenants don’t have to suffer the lasting trauma that eviction and homelessness cause.” 

The budget also provides funding for the following programs: 

• Parks and Recreation: Teen center programming in Districts 4, 8 and 9 ($758,000), youth swimming ($421,000) and Come Play Outside ($78,000), an initiative launched by Mayor Gloria in 2021 that helps provide low- or no-cost programs and events in historically disadvantaged communities.
• SD Access 4 All: Wi-Fi access ($500,000), library hotspot checkouts ($227,000), digital literacy programming ($57,000)
• Libraries: Youth service librarian positions ($382,000), after-school programs ($250,000), library materials donation match program ($300,000)
• Climate Equity Fund: Traffic-signal upgrades to improve safety in Barrio Logan and traffic-calming measures on 47th Street in Chollas View ($1.1 million)
• No Shots Fired , a collaborative effort to provide outreach and resources to known gang members in specific communities and offer them an opportunity for them to exit gang life ($250,000).
• San Carlos Library construction planning ($4.7 million)
• San Diego Police Department:  Juvenile Services Team ($1.6 million), front counter staffing ($1.6 million)
• San Diego Fire-Rescue Department: San Pasqual Response Team ($897,000)
• Labor relations: Accounting for new contracts currently under negotiation with the unions representing Police and Fire-Rescue personnel ($4.4 million)

“We at the San Diego Parks Foundation are thrilled that the City will continue the investments we’ve made in providing free public access to Wi-Fi in 59 of our recreation centers, and that programs like youth swimming classes and our innovative Come Play Outside initiative will continue to be funded,” said Michel Anderson, chair of the San Diego Parks Foundation. “We thank Mayor Gloria for ensuring that San Diegans can access these vital services, especially those in historically disadvantaged communities.”

The funding additions in the revised budget augment a proposed budget that maintains core City services and protects the progress the City has made over the past three years in the key priority areas of addressing homelessness, accelerating production of housing that San Diegans can afford, repairing roads and other critical infrastructure, and keeping San Diegans safe.

Highlights of the proposed budget include:

• A new 1,000-bed shelter for unhoused San Diegans
• A new Safe Parking site on City-owned land near the airport known as H Barracks
• Initiatives that accelerate permitting for 100% affordable housing projects and projects in the transit-oriented Complete Communities program
• 75 miles of road repaving
• Flood control and green infrastructure projects
• Staffing and other operating costs for the new Torrey Pines fire station

More Press Releases