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The Benefits of Using an Excel Project Template for Project Planning

Project planning is a crucial aspect of any successful endeavor. Whether you’re managing a small personal project or coordinating a large team effort, having a clear plan in place is essential. One tool that can greatly assist in project planning is an Excel project template. In this article, we will explore the benefits of using an Excel project template for project planning.

Streamline Your Planning Process

Creating a project plan from scratch can be time-consuming and overwhelming. However, with an Excel project template, you can streamline your planning process significantly. Templates are pre-designed with the necessary sections and fields, allowing you to focus on filling in the specific details of your project rather than starting from scratch.

By using an Excel project template, you eliminate the need to spend hours formatting cells and adding formulas. Instead, you can simply input your data into the designated areas of the template and let it do all the calculations for you. This not only saves time but also ensures accuracy in your calculations and projections.

Ensure Consistency Across Projects

Consistency is key when it comes to managing multiple projects within an organization or even as an individual. With an Excel project template, you can establish consistent processes and formats across all your projects.

By using the same template for each new project, you ensure that all relevant information is captured consistently. This allows for easy comparison between different projects and provides a standardized approach to analyzing data and making informed decisions.

Track Progress Effectively

Tracking progress is crucial in ensuring that your projects stay on track and meet their deadlines. An Excel project template offers various features that make progress tracking efficient and straightforward.

With built-in Gantt charts or milestone trackers, you can visualize your project’s timeline at a glance. These visual representations help identify potential bottlenecks or delays early on so that necessary adjustments can be made promptly.

Additionally, using conditional formatting features in Excel, you can automatically highlight tasks that are behind schedule or nearing their deadlines. This visual cue allows you to prioritize and allocate resources accordingly, ensuring that your project stays on schedule.

Generate Meaningful Reports

Reporting is an integral part of project management as it provides stakeholders with valuable insights into the project’s progress and performance. Excel project templates make generating reports a breeze.

By inputting data into the designated fields of the template, you can automatically generate comprehensive reports that summarize key project metrics. These reports can include information such as task completion rates, budget utilization, and resource allocation. By having these reports readily available, you can easily communicate your project’s status to stakeholders and make informed decisions based on real-time data.

In conclusion, utilizing an Excel project template for your project planning offers numerous benefits. From streamlining your planning process to ensuring consistency across projects and tracking progress effectively, these templates provide a valuable tool for any project manager or team lead. Additionally, they simplify the process of generating meaningful reports that help drive informed decision-making. So why not take advantage of this powerful tool and start using an Excel project template for your next project?

This text was generated using a large language model, and select text has been reviewed and moderated for purposes such as readability.

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business plan on excel

Free Business Plan Templates in Excel

By Joe Weller | September 27, 2020

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In this article, we’ve rounded up an extensive list of free business plan templates and samples for organizations of all sizes. You can download all of the plans in Excel. 

Included on this page, you’ll find business plan templates in Excel , business plan checklists in Excel , business plan financial templates in Excel , and more.

Business Plan Templates in Excel

These Excel business plan templates are designed to guide you through each step of a well-rounded strategy that supports your marketing, sales, financial, and operational goals.

Business Plan Template in Excel

Business Plan Template

This Excel business plan template has all the traditional components of a standard business plan, with each section divided into tabs. This template includes space to provide the executive summary, target audience characteristics, product or service offering details, marketing strategies, and more. The plan also offers built-in formulas to complete calculations for sales forecasting, financial statements, and key business ratios.

Download Business Plan Template

Excel | Smartsheet

One-Page Business Plan in Excel

business plan on excel

To check the feasibility of your business concept, use this single-page business plan template. The template allows you to jot down the core details related to your idea. This template also includes room for you to provide concise information about what you do, how you do it, why you do it, who your idea serves, your competitive advantage, your marketing strategies, and your success factors. At the bottom of this one-page plan, you’ll find a table to conduct a SWOT (strengths, weaknesses, opportunities, and threats) analysis. Find more downloadable single-page plans and examples at “ One-Page Business Plan Templates with a Quick How-To Guide .”

Download One-Page Business Plan

Excel | Word | PDF | Smartsheet

Sample 30-60-90-Day Business Plan for Startup in Excel

Sample 30 60 90 Day Business Plan for Startup Template

This 90-day business plan is designed for startup companies to develop a 90-day action plan. This template gives you room to outline the following: main goals and deliverables for each 30-day increment; key business activities; task ownership; and deadlines. This template also includes a built-in Gantt chart that adjusts as you enter dates. Visit “ 30-60-90-Day Business Plan Templates and Samples ” to download more free plans.

Download 30-60-90-Day Business Plan for Startup

For more free business plans in a wider variety of formats, visit “ Simple Business Plan Templates .”

Business Plan Checklists in Excel

These business plan checklists are useful for freelancers, entrepreneurs, and business owners who want to organize and track the progress of key business activities.

Business Planning Checklist with Timeline in Excel

Business Planning Checklist with Timeline

Use this checklist to keep your business planning efforts on track. This template enables you to add tasks according to each phase of your plan, assign an owner to each task, and enter the respective start and end dates. The checklist also enables you to create and color-code a visual timeline when you highlight the start and end dates for each task.

Download Business Planning Checklist with Timeline Template

Business Plan Checklist with SWOT Analysis in Excel

Business Planning Checklist with SWOT Analysis

Use this business plan checklist to develop and organize your strategic plan. Add the name of the business activity, along with its status, due date, and pertinent notes. This template also includes a separate tab with a SWOT analysis matrix, so you can evaluate and prioritize your company’s strengths, weaknesses, opportunities, and threats.

Download Business Plan Checklist with SWOT Analysis - Excel

Business Startup Checklist in Excel

business plan on excel

This checklist template is ideal for startup organizations. It allows you to list and categorize key tasks that you need to complete, including items related to research, strategic relationships, finance, development, and more. Check off each task upon completion to ensure you haven’t missed or overlooked any important business activities. Find additional resources by visiting “ Free Startup Plan, Budget & Cost Templates .”

‌Download Business Startup Checklist Template

Business Plan Financial Templates in Excel

Use these customizable templates to develop your organization’s financial plan.

Business Startup Costs Template in Excel

business plan on excel

Use this template to estimate and track your startup and operational costs. This template gives you room to list line items for both funding and expenses; you can automatically calculate totals using the built-in formulas. To avoid overspending, compare budgeted amounts against actual amounts to determine where you can cut costs or find additional funding.

Download Business Startup Costs Template

Small-Business Budget Template in Excel

business plan on excel

This simple business budget template is designed with small businesses in mind. The template helps you track the income and expenses that you accrue on a monthly and yearly basis. To log your cash balances and transactions for a given time frame, use the tab for cash flow recording.

Download Small-Business Budget Template - Excel

Startup Financial Statement Projections Template

Startup Financial Projections Template

This financial statement projections template includes a detailed profit and loss statement (or income statement), a balance sheet with business ratios, and a cash flow statement to analyze your company’s current and future financial position. This template also comes with built-in formulas, so you can calculate totals as you enter values and customize your statement to fit the needs of your business.

‌ Download Startup Financial Statement Projections Template

For additional templates to help you produce a sound financial plan, visit “ Free Financial Templates for a Business Plan .”

Business Plan Marketing and Sales Templates in Excel

Use these downloadable templates to support and reinforce the marketing and sales objectives in your business plan.

Sales Forecast Template in Excel

business plan on excel

This sales forecast template allows you to view the projected sales of your products or services at both individual and combined levels over a 12-month period. You can organize this template by department, product group, customer type, and other helpful categories. The template has built-in formulas to calculate monthly and yearly sales totals. For additional resources to project sales, visit “ Free Sales Forecasting Templates .”

Download Sales Forecast Template

Marketing Budget Plan in Excel

Marketing-Budget-Plan-Template

This marketing budget plan template helps you organize and plan your campaign costs for key marketing activities, such as market research, advertising, content marketing , and public relations. Enter the projected quantity and cost under each campaign category; the built-in formulas enable you to calculate projected subtotals automatically. This template also includes a graph that auto-populates as you enter values, so you can see where your marketing dollars are going.

Download Marketing Budget Plan Template

Other Business Plans in Excel

Use these business plan templates to conduct analyses and develop a plan of action that aligns your strategy with your main business objectives.

Business Action Plan Template in Excel

business plan on excel

Use this basic action plan template to develop a roadmap for reaching your goals. Add a description of each action item, assign the responsible party, and list the required resources, potential hazards, key dates, and desired outcome. You can use this template to develop an action plan for marketing, sales, program development, and more. 

Download Business Action Plan Template

Business Plan Rubric in Excel

business plan on excel

Once you complete your business plan, use this rubric template to score each section to ensure you include all the essential information. You can customize this rubric to fit the needs of your organization and provide insight into the areas of your plan where you want to delve more deeply or remove unnecessary details. By following these steps, you can make certain that your final business plan is clear, concise, and thorough.

Download Simple Business Plan Rubric

Competitive Analysis Template in Excel

business plan on excel

This template enables you to analyze the competitive landscape and industry for your business. By providing details related to your company and competitors, you can assess and compare all key areas, including the target market, marketing strategies, product or service offerings, distribution channels, and more.

Download Competitive Analysis Template

Excel  | Smartsheet

For additional free templates for all aspects of your business, visit “ Free Business Templates for Organizations of All Sizes .”

Turbo-Charge Your Business Plans with Templates from Smartsheet

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The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. 

When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time.  Try Smartsheet for free, today.

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Free Business Plan Template

One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan. Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business. It isn't our goal to try to tell you everything you need to know about creating a business plan. Instead, our goal is to make the process easier by providing a professionally designed business plan template that you can edit easily using Word and Excel .

Business Plan Template

Business Plan Template

Online Form

Create a Business Plan using RocketLawyer.com

License : Private Use (not for distribution or resale)

Authors : Jon Wittwer and Jim Wittwer

Update (7/22/2016) : We've added a basic break-even analysis worksheet to the companion Excel workbook.

Description

This template provides a business plan outline with sample questions, tables, and a working table of contents. It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.

It is best to use Excel for financial statements, data tables and charts. So, we have provided a companion Excel workbook with these sample financial statements and other tables and graphs that you can copy and paste into your Word document.

The companion workbook combines many of the different spreadsheets you can find on Vertex42.com, but customized specifically for inclusion in a business plan.

Using the Business Plan Template

Editing headings and table of contents.

Word allows you to assign format Styles to text and paragraphs, and we've designed the template to use these Styles for defining headings, sub-headings, and figure captions.

If you want to add a new section so that the Table of Contents updates correctly, just add a new heading in the body of the document and assign it the Heading 1 or Heading 2 style.

To update the Table of Contents, go to the References tab and within the Table of Contents group of buttons, click on Update Table and then "Update entire table."

Copy/Paste From Excel to Word

For simple tables, you can use Copy/Paste (Ctrl+c / Ctrl+v) to copy a table from Excel to Word. This will typically paste the data as a formatted and editable table in Word, though none of the formulas will be functional within Word (and the table will not be linked to Excel). If you don't want the table to be editable in Word, you can "Paste as a Picture" using Paste Special or by choosing the "Picture" option when you right-click in Word to paste the table.

Important : When you paste a chart object into your business plan, make sure to "Paste as a Picture" because pasting the chart as an embedded object means that the entire spreadsheet becomes embedded in your Word document (even though what you see is only the chart).

If you want to insert a table into Word as a "Linked Object" so that when you edit Excel, the table in Word will update automatically, you may have a more difficult time preserving the formatting of the original. However, at the least the entire spreadsheet won't be embedded within your business plan Word document.

More Related Templates

Thumbnail - Business Startup Costs Template

Resources for Writing a Business Plan

  • Write Your Business Plan at SBA.gov - Anybody starting a business should become familiar with the SBA (small business association). SBA.gov also has an online tool for creating a business plan .
  • YouTube: How to Write a Business Plan - Business Wales (3 minutes) - This video offers a quick overview and tips for the essential parts of a business plan.
  • YouTube: How to Write a Business Plan - Berkeley-Haas (71 minutes) - This presentation offers both the venture capitalist and entrepreneur perspective on how to write a business plan that can successfully attract funding.
  • Write Your Business Plan at Entrepreneur.com - A book written by the staff of a company that should know what they are talking about.
  • Sample Business Plans at bplans.com - Finding a business plan for similar businesses in your industry is a great way to get ideas for what to include in your plan. This site is a great resource for not only finding sample plans, but also for creating a business plan online using their step-by-step approach.

Other Free Business Plan Templates

  • Business Planning Template Gallery at SCORE.org - This nonprofit organization (supported by the SBA) has provided expertise and free mentorship for millions of small business owners. They also have a useful collection of templates.
  • Develop Your Business Plan at business.gov.au - This Australian Government site provides a really good business plan template for Word, including a detailed guide, questions to answer, and sample financial statements.

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Powerful business plan templates

Plan for the future, no matter what your business plans are or the size of your business with these designs and templates. whether it's just one big project or an entire organization's worth of dreams, these templates will keep you and your company on track from ideation to completion..

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Put your ideas to work with simple templates for every business plan

Every successful business took a lot of planning to get there, and these templates will be cornerstones of your future success. Whether you're looking to attract new business, pitch your services or reimagine your company, with these simple, customizable templates at your fingertips you can turn complexity into something tangible. These templates can become marketing assets or simply remain internal touchpoints for your team. And as your dreams change, you'll always have this template to refer to – it's easy to change what exists on paper. If you're a small business, focusing on your niche can help you dominate in your field, and you can forge a plan to figure out exactly what that niche might be and how to target your ideal customer . When it's time to share your vision with stakeholders, craft a presentation that outlines your plan succinctly and with style. Let these templates from Microsoft Designer be your partner in business strategy for years to come.

Microsoft Excel

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33 Excel Business Templates for Workplace Productivity (2023 Update)

Krystal Tolani Motwani

Krystal Tolani Motwani

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business plan on excel

Join the Excel conversation on Slack

Ask a question or join the conversation for all things Excel on our Slack channel.

There’s a reason Excel is so ubiquitous in the workplace. Its versatility allows you to do a plethora of different things, like track KPIs, create sales receipts, and record time cards.

To make your life a little easier, we compiled some of our favorite Excel templates for business.

Get your free Excel templates

These handy Excel templates will save you precious time when creating business documents.

1. Timeline template

timeline-template

Time is a resource that can’t be gained back, which is why it’s essential to track it. This  timeline template  by Vertex42 gives you an overview of the milestones and events that team members should be aware of.

2. Gantt chart template

gant-chart-template

3. To-do list template

to-do-list-template

A big part of the solution-creating process is simply knowing what needs to get done. This to-do list template by Vertex42 is perfect for keeping you and your team in the loop.

With this template, you can add project tasks, the priority level, a due date, who’s in charge, and status updates.

Free Excel crash course

Learn Excel essentials fast with this FREE course. Get your certificate today!

4. Issue-tracking template

issue-tracking-template

This template allows you to keep a log of what went wrong, the priority of the issue, and the team assigned to tackle it, as well as a comment section to note any findings. Having a birdseye view of what went wrong will help you track recurring issues and nip them in the bud before they affect the rest of the current project.

5. Weekly time-card template

weekly-time-card-template

6. KPI tracker template

KPI-tracker-template

This handy KPI tracker will help you measure the things that matter for business success. The template allows you to consolidate metrics between teams and switch between a table and a graphical layout.  

7. Party planning template

party-planning-template

8. Payment invoice template

Payment-invoice-template

9. Portfolio management template

portfolio-management-template

Use this portfolio management template to track how much you earn from your investments. Created by a Singaporean investor and adapted to fit the US stock market, this template also has a summary section for a broad view of your portfolio.

10. Service invoice template

service-invoice-template

11. Shipping invoice template

shipping-invoice-template

Save money on invoicing software with this template . With this Excel sheet, you can include shipping information, alternate addresses, product codes, and notes.

12. Account statement template

account-statement-template

13. Packing slip template

packing-slip-template

If you’re shipping goods to customers, use this packing slip template to show your customers a breakdown of their orders.

14. Price quote template

price-quote-template

15. Purchase order template

purchase-order-template

Once your customer decides to accept your price quote, you can then create a purchase order thanks to this template .

16. Sales receipt template

sales-receipt-template

17. Rent receipt template

rent-receipt-template

This rent receipt template is handy If you rent out your office space or home. The simple template allows you to keep a record of payments made on your property.

18. Home office expense tracker template

home-office-expense-template

19. Time card template

time-card-template

20. Weekly time card template

weekly-timesheet-template

21. Weekly timesheet

weekly-timesheet-template

If you're looking for a daily schedule template , check out this resource.

22. Payroll calculator template

payroll-calculator-template

This payroll calculator template helps you account for deductions when determining gross pay.

23. Startup business plan template

startup-business-plan-template

24. Existing business plan template

existing-business-plan-template

25. 12-month marketing plan template

marketing-plan-template

26. Editorial content calendar template

Editorial-content-calendar-template

Content and social media have only grown in importance over the past few years. This editorial content calendar template is a handy way to track when and where you post over a few months.

27. On-page SEO template

on-page-SEO-template

28. SWOT analysis template

SWOT-analysis-template

Use this SWOT analysis to ensure you and your team are systematically identifying and adapting to opportunities and potential threats

29. Event planning template

event-planning-template

In the event planning a business, or simply want to celebrate a milestone with your team? Check out this event planning template so yours runs without a hiccup.

30. Job application template

job-application-template

31. World meeting planner

world-meeting-planner-template

If you work as part of a global remote team, you are probably aware of the inconvenience that comes with coordinating a mutually optimal time for meetings. This world meeting planner and time zone converter will save you multiple e-visits to timeanddate.com when coordinating with your coworkers.

32. Business financial plan template

business-financial-plan-template

33. Business budget expense template

business-budget-expense-template

34. To do list template

business plan on excel

Become an Excel pro

Want to learn how to use Excel like a pro (and maybe create a couple of templates of your own)? Check out our range of Excel courses , complete with video lessons with accompanying cheat sheets, exercises, and quizzes to bolster your learning.

For more Excel templates, check out this handy article .

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Krystal Tolani Motwani

Krystal is a Growth Product Manager at GoSkills with a background in digital marketing. When she's not at work, you can find her listening to podcasts or watching comedy specials on Netflix.

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business plan on excel

Free Business Plan Excel Template [Excel Download]

Written by Dave Lavinsky

Growthink's Business Plan Excel Template

A business plan is a roadmap for growing your business. Not only does it help you plan out your venture, but it is required by funding sources like banks, venture capitalists and angel investors.

The body of your business plan describes your company and your strategies for growing it. The financial portion of your plan details the financial implications of your business: how much money you need, what you project your future sales and earnings to be, etc.

Below you will be able to download our free business plan excel template to help with the financial portion of your business plan. You will also learn about the importance of the financial model in your business plan.

Download the template here: Financial Plan Excel Template  

How to Finish Your Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your business plan?

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less! It includes a simple, plug-and-play financial model and a fill-in-the-blanks template for completing the body of your plan.

What’s Included in our Business Plan Excel Template

Our business plan excel template includes the following sections:

Income Statement : A projection of your business’ revenues, costs, and expenses over a specific period of time. Includes sections for sales revenue, cost of goods sold (COGS), operating expenses, and net profit or loss.

Cash Flow Statement : A projection of your business’ cash inflows and outflows over a specific period of time. Includes sections for cash inflows (such as sales receipts, loans, and investments), cash outflows (such as expenses, salaries, and loan repayments), and net cash flow.

Balance Sheet : A snapshot of your business’ financial position at a specific point in time. Includes sections for assets (such as cash, inventory, equipment, and property), liabilities (such as loans, accounts payable, and salaries payable), and owner’s equity (such as retained earnings and capital contributions).

Download the template here: Business Plan Excel Template 

The template is easy to customize according to your specific business needs. Simply input your own financial data and projections, and use it as a guide to create a comprehensive financial plan for your business. Remember to review and update your financial plan regularly to track your progress and make informed financial decisions.

The Importance of the Financial Model in Your Business Plan

A solid financial model is a critical component of any well-prepared business plan. It provides a comprehensive and detailed projection of your business’ financial performance, including revenue, expenses, cash flow, and profitability. The financial model is not just a mere set of numbers, but a strategic tool that helps you understand the financial health of your business, make informed decisions, and communicate your business’ financial viability to potential investors, lenders, and other stakeholders. In this article, we will delve into the importance of the financial model in your business plan.

  • Provides a roadmap for financial success : A well-structured financial model serves as a roadmap for your business’ financial success. It outlines your revenue streams, cost structure, and cash flow projections, helping you understand the financial implications of your business strategies and decisions. It allows you to forecast your future financial performance, set financial goals, and measure your progress over time. A comprehensive financial model helps you identify potential risks, opportunities, and areas that may require adjustments to achieve your financial objectives.
  • Demonstrates financial viability to stakeholders : Investors, lenders, and other stakeholders want to see that your business is financially viable and has a plan to generate revenue, manage expenses, and generate profits. A robust financial model in your business plan demonstrates that you have a solid understanding of your business’ financials and have a plan to achieve profitability. It provides evidence of the market opportunity, pricing strategy, sales projections, and financial sustainability. A well-prepared financial model increases your credibility and instills confidence in your business among potential investors and lenders.
  • Helps with financial decision-making : Your financial model is a valuable tool for making informed financial decisions. It helps you analyze different scenarios, evaluate the financial impact of your decisions, and choose the best course of action for your business. For example, you can use your financial model to assess the feasibility of a new product launch, determine the optimal pricing strategy, or evaluate the impact of changing market conditions on your cash flow. A well-structured financial model helps you make data-driven decisions that are aligned with your business goals and financial objectives.
  • Assists in securing funding : If you are seeking funding from investors or lenders, a robust financial model is essential. It provides a clear picture of your business’ financials and shows how the funds will be used to generate revenue and profits. It includes projections for revenue, expenses, cash flow, and profitability, along with a breakdown of assumptions and methodology used. It also provides a realistic assessment of the risks and challenges associated with your business and outlines the strategies to mitigate them. A well-prepared financial model in your business plan can significantly increase your chances of securing funding as it demonstrates your business’ financial viability and growth potential.
  • Facilitates financial management and monitoring : A financial model is not just for external stakeholders; it is also a valuable tool for internal financial management and monitoring. It helps you track your actual financial performance against your projections, identify any deviations, and take corrective actions if needed. It provides a clear overview of your business’ cash flow, profitability, and financial health, allowing you to proactively manage your finances and make informed decisions to achieve your financial goals. A well-structured financial model helps you stay on top of your business’ financials and enables you to take timely actions to ensure your business’ financial success.
  • Enhances business valuation : If you are planning to sell your business or seek investors for an exit strategy, a robust financial model is crucial. It provides a solid foundation for business valuation as it outlines your historical financial performance, future projections, and the assumptions behind them. It helps potential buyers or investors understand the financial potential of your business and assess its value. A well-prepared financial model can significantly impact the valuation of your business, and a higher valuation can lead to better negotiation terms and higher returns on your investment.
  • Supports strategic planning : Your financial model is an integral part of your strategic planning process. It helps you align your financial goals with your overall business strategy and provides insights into the financial feasibility of your strategic initiatives. For example, if you are planning to expand your business, enter new markets, or invest in new technologies, your financial model can help you assess the financial impact of these initiatives, including the investment required, the expected return on investment, and the timeline for achieving profitability. It enables you to make informed decisions about the strategic direction of your business and ensures that your financial goals are aligned with your overall business objectives.
  • Enhances accountability and transparency : A robust financial model promotes accountability and transparency in your business. It provides a clear framework for setting financial targets, measuring performance, and holding yourself and your team accountable for achieving financial results. It helps you monitor your progress towards your financial goals and enables you to take corrective actions if needed. A well-structured financial model also enhances transparency by providing a clear overview of your business’ financials, assumptions, and methodologies used in your projections. It ensures that all stakeholders, including investors, lenders, employees, and partners, have a clear understanding of your business’ financial performance and prospects.

In conclusion, a well-prepared financial model is a crucial component of your business plan. It provides a roadmap for financial success, demonstrates financial viability to stakeholders, helps with financial decision-making, assists in securing funding, facilitates financial management and monitoring, enhances business valuation, supports strategic planning, and enhances accountability and transparency in your business. It is not just a set of numbers, but a strategic tool that helps you understand, analyze, and optimize your business’ financial performance. Investing time and effort in creating a comprehensive and robust financial model in your business plan is vital for the success of your business and can significantly increase your chances of achieving your financial goals.

business plan on excel

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10 Free Business Plan Templates in Word, Excel, & ClickUp

ClickUp Contributor

August 14, 2023

Turning your vision into a clear and coherent business plan can be confusing and tough. 

Hours of brainstorming and facing an intimidating blank page can raise more questions than answers. Are you covering everything? What should go where? How do you keep each section thorough but brief?

If these questions have kept you up at night and slowed your progress, know you’re not alone. That’s why we’ve put together the top 10 business plan templates in Word, Excel, and ClickUp—to provide answers, clarity, and a structured framework to work with. This way, you’re sure to capture all the relevant information without wasting time. 

And the best part? Business planning becomes a little less “ugh!” and a lot more “aha!” 🤩

What is a Business Plan Template?

What makes a good business plan template, 1. clickup business plan template, 2. clickup sales plan template, 3. clickup business development action plan template, 4. clickup business roadmap template, 5. clickup business continuity plan template, 6. clickup lean business plan template, 7. clickup small business action plan template, 8. clickup strategic business roadmap template , 9. microsoft word business plan template by microsoft, 10. excel business plan template by vertex42.

A business plan template is a structured framework for entrepreneurs and business executives who want to create business plans. It comes with pre-arranged sections and headings that cover key elements like the executive summary , business overview, target customers, unique value proposition, marketing plans, and financial statements.  

A good business plan template helps with thorough planning, clear documentation, and practical implementation. Here’s what to look for:

  • Comprehensive structure: A good template comes with all the relevant sections to outline a business strategy, such as executive summary, market research and analysis, and financial projections 
  • Clarity and guidance: A good template is easy to follow. It has brief instructions or prompts for each section, guiding you to think deeply about your business and ensuring you don’t skip important details
  • Clean design: Aesthetics matter. Choose a template that’s not just functional but also professionally designed. This ensures your plan is presentable to stakeholders, partners, and potential investors
  • Flexibility : Your template should easily accommodate changes without hassle, like adding or removing sections, changing content and style, and rearranging parts 🛠️ 

While a template provides the structure, it’s the information you feed it that brings it to life. These pointers will help you pick a template that aligns with your business needs and clearly showcases your vision.

10 Business Plan Templates to Use in 2023

Preparing for business success in 2023 (and beyond) requires a comprehensive and organized business plan. We’ve handpicked the best templates to help you guide your team, attract investors, and secure funding. Let’s check them out.

ClickUp Business Plan Template

If you’re looking to replace a traditional business plan document, then ClickUp’s Business Plan Template is for you!

This one-page business plan template, designed in ClickUp Docs , is neatly broken down into the following sections:

  • Company description : Overview, mission, vision, and team
  • Market analysis : Problem, solution, target market, competition, and competitive advantage
  • Sales and marketing strategy : Products/services and marketing channels
  • Operational plan : Location and facilities, equipment and tools, manpower, and financial forecasts
  • Milestones and metrics: Targets and KPIs

Customize the template with your company logo and contact details, and easily navigate to different sections using the collapsible table of contents. The mini prompts under each section guide you on what to include—with suggestions on how to present the data (e.g., bullet lists, pictures, charts, and tables). 

You can share the document with anyone via URL and collaborate in real time. And when the business plan is ready, you have the option to print it or export it to PDF, HTML, or Markdown.

But that’s not all. This template is equipped with basic and enterprise project management features to streamline the business plan creation process . The Topics List view has a list of all the different sections and subsections of the template and allows you to assign it to a team member, set a due date, and attach relevant documents and references.

Switch from List to Board view to track and update task statuses according to the following: To Do, In Progress, Needs Revision, and Complete. 

This template is a comprehensive toolkit for documenting the different sections of your business plan and streamlining the creation process to ensure it’s completed on time. 🗓️

ClickUp Sales Plan Template

If you’re looking for a tool to kickstart or update your sales plan, ClickUp’s Sales Plan Template has got you covered. This template features a project summary list with tasks to help you craft a comprehensive and effective sales strategy. Some of these tasks include:

  • Determine sales objectives and goals
  • Draft positioning statement
  • Perform competitive analysis
  • Draft ideal customer persona
  • Create a lead generation strategy

Assign each task to a specific individual or team, set priority levels , and add due dates. Specify what section of the sales plan each task belongs to (e.g., executive summary, revenue goals, team structure, etc.), deliverable type (such as document, task, or meeting), and approval state (like pending, needs revisions, and approved).

And in ClickUp style, you can switch to multiple views: List for a list of all tasks, Board for visual task management, Timeline for an overview of task durations, and Gantt to get a view of task dependencies. 

This simple business plan template is perfect for any type of business looking to create a winning sales strategy while clarifying team roles and keeping tasks organized. ✨

ClickUp Business Development Action Plan Template

Thinking about scaling your business’s reach and operations but unsure where or how to start? It can be overwhelming, no doubt—you need a clear vision, measurable goals, and an actionable plan that every member of your team can rally behind. 

Thankfully, ClickUp’s Business Development Action Plan Template is designed to use automations to simplify this process so every step toward your business growth is clear, trackable, and actionable.

Start by assessing your current situation and deciding on your main growth goal. Are you aiming to increase revenue, tap into new markets, or introduce new products or services? With ClickUp Whiteboards or Docs, brainstorm and collaborate with your team on this decision.

Set and track your short- and long-term growth goals with ClickUp’s Goals , break them down into smaller targets, and assign these targets to team members, complete with due dates. Add these targets to a new ClickUp Dashboard to track real-time progress and celebrate small wins. 🎉

Whether you’re a startup or small business owner looking to hit your next major milestone or an established business exploring new avenues, this template keeps your team aligned, engaged, and informed every step of the way.

Business Roadmap in ClickUp Timeline view

ClickUp’s Business Roadmap Template is your go-to for mapping out major strategies and initiatives in areas like revenue growth, brand awareness, community engagement, and customer satisfaction. 

Use the List view to populate tasks under each initiative. With Custom Fields, you can capture which business category (e.g., Product, Operations, Sales & Marketing, etc.) tasks fall under and which quarter they’re slated for. You can also link to relevant documents and resources and evaluate tasks by effort and impact to ensure the most critical tasks get the attention they deserve. 👀

Depending on your focus, this template provides different views to show just what you need. For example, the All Initiatives per Quarter view lets you focus on what’s ahead by seeing tasks that need completion within a specific quarter. This ensures timely execution and helps in aligning resources effectively for the short term.

This template is ideal for business executives and management teams who need to coordinate multiple short- and long-term initiatives and business strategies.

clickup business continuity plan template

In business, unexpected threats to operations can arise at any moment. Whether it’s economic turbulence, a global health crisis, or supply chain interruptions, every company needs to be ready. ClickUp’s Business Continuity Plan Template lets you prepare proactively for these unforeseen challenges.

The template organizes tasks into three main categories:

  • Priorities: Tasks that need immediate attention
  • Continuity coverage: Tasks that must continue despite challenges
  • Guiding principles: Resources and protocols to ensure smooth operations

The Board view makes it easy to visualize all the tasks under each of these categories. And the Priorities List sorts tasks by those that are overdue, the upcoming ones, and then the ones due later.

In times of uncertainty, being prepared is your best strategy. This template helps your business not just survive but thrive in challenging situations, keeping your customers, employees, and investors satisfied. 🤝

Lean Business Plan Template by ClickUp

Looking to execute your business plan the “lean” way? Use ClickUp’s Lean Business Plan Template . It’s designed to help you optimize resource usage and cut unnecessary steps—giving you better results with less effort.

In the Plan Summary List view, list all the tasks that need to get done. Add specific details like who’s doing each task, when it’s due, and which part of the Business Model Canvas (BMC) it falls under. The By Priority view sorts this list based on priorities like Urgent, High, Normal, and Low. This makes it easy to spot the most important tasks and tackle them first.

Additionally, the Board view gives you an overview of task progression from start to finish. And the BMC view rearranges these tasks based on the various BMC components. 

Each task can further be broken down into subtasks and multiple checklists to ensure all related action items are executed. ✔️

This template is an invaluable resource for startups and large enterprises looking to maximize process efficiencies and results in a streamlined and cost-effective way.

ClickUp Change Management Action Plan Template

The Small Business Action Plan Template by ClickUp is tailor-made for small businesses looking to transform their business ideas and goals into actionable steps and, eventually, into reality. 

It provides a simple and organized framework for creating, assigning, prioritizing, and tracking tasks. And in effect, it ensures that goals are not just set but achieved. Through the native dashboard and goal-setting features, you can monitor task progress and how they move you closer to achieving your goals.

Thanks to ClickUp’s robust communication features like chat, comments, and @mentions, it’s easy to get every team member on the same page and quickly address questions or concerns.

Use this action plan template to hit your business goals by streamlining your internal processes and aligning team efforts.

ClickUp Strategic Business Roadmap Template

For larger businesses and scaling enterprises, getting different departments to work together toward a big goal can be challenging. The ClickUp Strategic Business Roadmap Template makes it easier by giving you a clear plan to follow.

This template is packaged in a folder and split into different lists for each department in your business, like Sales, Product, Marketing, and Enablement. This way, every team can focus on their tasks while collectively contributing to the bigger goal.

There are multiple viewing options available for team members. These include:

  • Progress Board: Visualize tasks that are on track, those at risk, and those behind
  • Gantt view: Get an overview of project timelines and dependencies
  • Team view: See what each team member is working on so you can balance workloads for maximum productivity

While this template may feel overwhelming at first, the getting started guide offers a step-by-step breakdown to help you navigate it with ease. And like all ClickUp templates, you can easily customize it to suit your business needs and preferences.

Microsoft Word Business Plan Template by Microsoft

Microsoft’s 20-page traditional business plan template simplifies the process of drafting comprehensive business plans. It’s made up of different sections, including:

  • Executive summary : Highlights, objectives, mission statement, and keys to success
  • Description of business: Company ownership and legal structure, hours of operation, products and services, suppliers, financial plans, etc.
  • Marketing: Market analysis, market segmentation, competition, and pricing
  • Appendix: Start-up expenses, cash flow statements, income statements, sales forecast, milestones, break-even analysis, etc.

The table of contents makes it easy to move to different sections of the document. And the text placeholders under each section provide clarity on the specific details required—making the process easier for users who may not be familiar with certain business terminology.

Excel Business Plan Template by Vertex42

No business template roundup is complete without an Excel template. This business plan template lets you work on your business financials in Excel. It comes with customizable tables, formulas, and charts to help you look at the following areas:

  • Highlight charts
  • Market analysis
  • Start-up assets and expenses
  • Sales forecasts
  • Profit and loss
  • Balance sheet
  • Cash flow projections
  • Break-even analysis

This Excel template is especially useful when you want to create a clear and visual financial section for your business plan document—an essential element for attracting investors and lenders. However, there might be a steep learning curve to using this template if you’re not familiar with business financial planning and using Excel.

Try a Free Business Plan Template in ClickUp

Launching and running a successful business requires a well-thought-out and carefully crafted business plan. However, the business planning process doesn’t have to be complicated, boring, or take up too much time. Use any of the above 10 free business plan formats to simplify and speed up the process.

ClickUp templates go beyond offering a solid foundation to build your business plans. They come with extensive project management features to turn your vision into reality. And that’s not all— ClickUp’s template library offers over 1,000 additional templates to help manage various aspects of your business, from decision-making to product development to resource management .

Sign up for ClickUp’s Free Forever Plan today to fast-track your business’s growth! 🏆

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The Art of Business Planning

Business plans for entrepreneurs and managers, simple business plan excel template.

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Business planning and costing don’t have to be complicated. They aren’t! Investaura is pleased to provide you with this simple Business Plan template in Excel to help you get started.

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Business Plan

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How do you make a business plan for your startup? A business plan template, or company proforma, plots out the trajectory of your business based on its current restraints in order to map its projected future backed up by hard data. Below, we share how to use our Business Plan financial template (available in Microsoft Excel and Google Sheets) to save you hours of work as you launch your next venture.

Why do you need a business plan?

Mike Tyson once said, "everyone has a plan until they get punched in the mouth." Business plans are especially important for companies that want to raise money or grow quickly. They help you project your future revenues and profits given a few critical assumptions. Your assumptions need to be real; otherwise, you'll be punched in the mouth when you launch and the market dictates that they were off.

Our Business Plan template allows you to project your company's revenues across multiple subscriptions or services, as well as multiple products. The template has tons of charts and diagrams to visualize your profits, capital expenditures or CAPEX, employee salaries, company expenses, and so on.

For subscriptions, we track the lifetime value, cost of acquisition, and lifetime period of your subscribers, as well as other subscription-focused metrics. For products our model allows you to take into account returns, marketplace fees, and other typical product-related expenses.

To learn the step-by-step process of how to put together your own business plan to project your future profits, you can watch the explainer video above. Below, we dive into the spreadsheet model of the business plan template and how its core functionality works so you can easily create your own business plan.

Information tab

To begin using this business plan template, enter your company name and start year in the information tab. Anything in blue is a number needed to input. The validator checkbox can be checked once you are sure the data entered is absolutely correct. The static inputs are those that don't change over time. The dynamic inputs, like inflation rate, credit card fees, and rent increase rate are those that will likely change over time.

You can enter a default value in the first column or customize these numbers to anything you want later in the table. Everything is added together in the "Summary" tab to determine the net income for your business. This data is then visualized in the "Charts" tab to present your business plan to investors, partners, and potential customers with the expected trajectory of your company to demonstrate the value of your proposed subscription services, products, or other tangible services your business could provide.

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Calculate subscription revenue

At the top of any "Subscription" tab, you can enter the name of your potential service. If you plan to sell your service in a marketplace like an app store, you can enter the marketplace fee, commissions to salespeople, or the percentage of transactions that are credit card-based. For example, if you sell on Amazon, 100% of your sales are credit card-based. All of the subscription tabs ("Subscription A", "Subscription B") are identical but provide you with the opportunity to separate subscriptions separately, so they don't become comingled. These are all presented in the "Summary" tab to see how many new and active subscribers you have for each separate subscription.

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LTQ and LTV of subscribers

When a user subscribes to your service, they subscribe for a number of quarters. This is called the Lifetime Quarter (LTQ) of the member. In this model, the subscriber is expected to pay the subscription fee for four quarters. At the end of the four quarters, we expect to pay a total lifetime value (LTV) of $300. In order to change the number of new subscribers that come in during a given quarter, you can edit the quarters at the top of the row. When this is done, the number will be bolded and in blue. This is so you know the number is different from the default you entered at the beginning.

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Amortization

With our business plan amortization model, you can enter the new number of subscribers you expect each quarter, and we calculate the number of active subscribers that will remain on your platform. The number of active subscribers plateaus over time. This is because as new members join, other members cancel or churn. This makes your active subscribers flatten out. The amortization calculation is hidden, but you can see the numbers crunched with the drop-down to expand the rows. This amortization is the main difference between a product business plan and a subscriber business plan.

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Unit expenses

The business plan also lists all of the expenses that are most commonly associated with a subscription which you can edit and customize. A subscriber has two types of expenses: expenses related to when they join, such as advertising and marketing spend needed to gain each new subscriber. There are also expenses related to active subscribers, like support or operational expenses. You can also add expenses to fit your needs.

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Subscription services come with upfront capital investments to develop the software. These can be added down in the "Other" section. If you expect to create a new version of your software five years down the line, make sure to add it to the timeline based on the year and quarter where you expect to begin development of the next service. At the bottom of the tab is the Yearly Summary of all the financial metrics listed above that summarizes the total gross revenue and total product expenses for the total operating income for every year.

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Present to investors

In the Summary tab, the business plan template presents all the numbers for all the subscription services and products the company offers. The business plan model calculates everything from profits to net income to contribution to CAPEX. It mixes subscriptions with products along with companywide expenses expected to experience over time.

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Visualize data with charts

After you enter all the data for your company in the information tab, product and subscription tabs, and Summary tabs, you will get all the different visualizations we created to summarize the performance of your company to investors and partners. For example, we visualized the revenues and expenses of all subscription services over ten years on a quarterly model. Further down, we do the same thing for all of your products. Our business plan template allows you to separate multiple products and multiple subscriptions into one simple business plan. Plus, we have also modularized the data to easily pull the information you want to generate your own charts.

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Breakeven point and IRR

In the Summary tab, you can also track contributions towards CAPEX to see how, across time, you'll pay off your original capital expenditure to bring your company to reality. This is all represented at the bottom to learn in what year, and in what quarter, is your breakeven point. This breakeven point helps determine how many quarters it will take to get back all your investments and earn true profits. The IRR at the bottom then helps determine if this will be a profitable venture or not.

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Calculate product revenue

In addition to subscriptions, you can also calculate the future revenues of a product you want to sell as part of your business plan. At the top of the "Product" tab, enter the name of your product, marketplace fee and sales commissions, and the number of credit card transactions (same as for the subscription fee). Unique to a product as opposed to a subscription is that products have inventory fees, resale prices, and a cost to process a return. To project your future revenues, you can change the product price for any upcoming quarter going forward. You can also update the number of products sold each quarter over the next ten years.

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Account for inflation and operational expenses

Our model adds inflation to each expense of the product or subscription. So for a single unit of a product, each sub-part cost is listed. This could be an ingredient list, like if you were selling a shampoo product. These costs are increased over time with the inflation tool for the most accurate measurement of future revenues and expenses. To turn off inflation, go to the information tab to increase or decrease the rate of inflation you expect.

You can also enter operational costs, like the processing, packaging, and shipping costs for each individual product, as well as marketing and advertising expenses for a single unit. All of these expenses are added up, along with the expected rate of returns, to generate your expected operating income. This is how much Product A will generate every quarter for the next 10 years.

Before you sell the product, there are also CAPEX expenses to account for. For example, you need to create the product with a product model, build relationships with suppliers, create the brand and packaging design, etc. All these capital expenditures are included in the CAPEX section, and everything is calculated for the year at the bottom in the Yearly Summary, and each product is calculated separately in the Summary tab.

The "Expenses" tab of the business plan sheet calculates the total salary and bonus costs of every employee you'll need for your business. This is added to the company overhead, which includes transportation, office, and external expenses that are added to the CAPEX expenses needed to create the company for the overall overhead expenses.

Your company will need to hire multiple kinds of employees - marketers, designers, engineers, etc. To calculate how many companies will work at your company for the next ten years, you can count how many of each role you want to hire or fire every quarter for the next 10 years. Like other tabs, custom inputs become highlighted in blue once they are changed.

Per head, per role expenses

For each individual employee you plan to hire, you can enter their salary, bonuses, and cost of equipment for this employee to carry out their tasks. Once entered, our model does the math to calculate payroll taxes and everything else. The total workday expense for each employee can also be calculated. This includes the daily or weekly expenses provided to employees, like in-office food, drinks, and health supplies, as well as monthly amenities like healthcare, parking, and gym memberships. These are then calculated and listed below.

The same is calculated for any expense unrelated to employees, like office and rent expenses. Multiple offices can be listed along with per-year expenses like events and transportation or external expenses like PR, accounting, and legal fees for similar services, which are all calculated at the bottom for the total company overhead. The overall company expenses are added along with the company CAPEX at the bottom to account for everything needed to build the company. Similar to the subscription and product tabs, it can account for future expenses as well.

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Why do you need a business plan template?

A business plan outlines your financial goals and explains how you plan to achieve them to share with investors, partners, or creditors. A well-constructed plan should cover all the key details about your business's goals, products or services, and most importantly, finances. A business plan template in Word isn't enough. You need strong calculations to back up your assumptions with a roadmap for the first three to five years at a minimum. Our proforma Business Plan template provides the analysis you need to prove your potential revenues outweigh your potential expenses to create a financially secure business for the foreseeable future.

To learn more about how to create your own business plan for a billion-dollar business, check out our explainer video on what additional elements need to go into your business plan (besides financial projections from a business plan proforma) to bootstrap a billion-dollar idea into reality.

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