Helpful Resources for Writing your Business Plan
A good business plan will help you get funding for your business by demonstrating its potential for success. It also provides guidance for making decisions about how to operate the company as it grows into different markets or adapts to changing conditions over time.
A business plan is a written document that describes the goals, objectives and strategies of your business. It includes information about your company's products or services, marketing plan, financial projections and more.
The best way to write a successful one? Start with these helpful resources:
Tools For Entrepreneurs:
- BDC’s business plan template for entrepreneurs is a great resource for anyone who wants to start a business. This free template includes examples, instructions, and how-to-guides to help entrepreneurs create professional business plans. Business plan template for entrepreneurs | BDC.ca
- MaRS Discovery district’s Startup Toolkit provides advice, lessons, and tools on numerous important subjects for entrepreneurs starting their business journey. A few of the topics addressed include company building, sales, fundraising, market research, and finance. Startup Toolkit | MaRS Discovery District (marsdd.com)
- The Business plan writer from Futureprenur Canada, is another useful tool that is free to access. The Business Plan Writer from Futurpreneur Canada includes templates and tips on how to set up a solid foundation for your business plan, as well as resources on how to find funding and additional support. This interactive business plan writer allows entrepreneurs to create a custom plan to suit the unique needs of your business. Business Plan Writer - Futurpreneur Canada
Business Planning resources from Canadian Banks:
Additionally, many banks such as Scotia Bank, RBC, and BMO offer helpful business plan and cost forecasting resources for entrepreneurs.
- Scotiabank Plan Writer is an online tool that helps you write a business plan. It's free to use and has templates for a business plan, marketing plan, financial plan and more. Scotiabank - Plan Writer
- The Business Resource Hub from BMO has a series of short videos about how to write a business plan. These are very helpful if you’re not sure where to start. Business Resource Hub: Article & Videos - BMO Canada
- RBC also offers helpful tools for entrepreneurs to lean about each of the individual sections in a business plan. Starting a Business - RBC Royal Bank
We hope you found this list of resources and templates to be helpful in providing some inspiration and guidance for writing your business plan!