- Design for Business
- Most Recent
- Presentations
- Infographics
- Data Visualizations
- Forms and Surveys
- Video & Animation
- Case Studies
- Digital Marketing
- Design Inspiration
- Visual Thinking
- Product Updates
- Visme Webinars
- Artificial Intelligence
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
How to Write an Impressive One-Page Business Plan [Including Templates]
![write one page business plan How to Write an Impressive One-Page Business Plan [Including Templates]](https://visme.co/blog/wp-content/uploads/2023/09/How-to-Write-an-Impressive-One-Page-Business-Plan-Header.jpg)
Written by: Olujinmi Oluwatoni
![write one page business plan How to Write an Impressive One-Page Business Plan [Including Templates]](https://visme.co/blog/wp-content/uploads/2023/09/How-to-Write-an-Impressive-One-Page-Business-Plan-Header.jpg)
Looking to launch a startup or drive growth for an existing business?
A well-crafted business plan is a valuable roadmap that can increase your chances of success.
According to a survey by Bplans , companies that wrote business plans were twice more likely to expand their businesses, attract investors, or secure loans compared to those who didn't.
Unlike the traditional multi-page business plan, a one page business plan is concise and snackable. It helps you attract investor attention and quickly communicate your vision and strategies without boring them.
So how do you create an impressive one-page business plan?
In this article, we're going to provide you with practical insights on how to create a one-page business plan effectively. We'll also offer you some customizable templates that will jumpstart your planning journey.
Table of Contents
- What is a One-Page Business Plan
Benefits of Using a One-Page Business Plan
- What Should a One-Page Business Plan Include
How to Create a One-Page Business Plan
- 8 One-Page Business Plan Templates
- A one-page business plan is a concise document that provides a quick and clear overview of a business's core aspects.
- One-page business plans are faster to create, serve as an outline for a more comprehensive plan, make it easy to get feedback and are easy to modify and revise.
- Here are the key elements of a one-page business plan: The executive summary, business opportunity, value proposition, team members, industry analysis, target market, marketing plan, revenue model, implementation time, financial summary, funding requirements and contact information.
- To design a startup one pager, you should create an outline, research and gather information, choose a template, write the content, design visual components and share it with investors.
- Visme's offers a user-friendly interface with a wide range of customizable templates and features that’ll help you create your one-page business plan seamlessly.
What Is a One-Page Business Plan?
A One-pager business plan is a concise document that summarizes the key elements of a business idea or venture. They serve as a streamlined version of traditional, comprehensive business plans .
With a one-page business plan, you can distill your value proposition, target market, market analysis, strategies and projections on a single page. It is especially useful when seeking to secure funding as it offers a brief overview that can be quickly delivered to stakeholders and investors.
One pager business plans can also be considered a strategy manual for you, your team or any other outside party that wants to gain insight into what your business does.
Here's why creating a one-page business plan is beneficial:
Time Efficiency
Creating a comprehensive, multi-page business plan can take a lot of time and be daunting, especially for business people who have a lot on their plates.
A one-page business plan provides a more time-effective option that enables business owners to describe their business plans without getting bogged down in pointless details.
Investor Engagement
Attracting the attention of investors is difficult since they are always flooded with company pitches.
However, a visually appealing and outstanding one-page business plan can stick out like a beacon. By leveraging the brevity of a one-pager plan, you can pique an investor’s interest by communicating your business potential in a concise manner.
Outline For More Comprehensive Plan
When developing a traditional, in-depth business plan, one-page business plans serve as excellent starting points. It is useful for sketching out concepts before committing significant time to writing a detailed business plan that you'll likely need to revise.
Once you've finished your company one-pager and are satisfied with it, you'll have the right foundation on which to build a more comprehensive version.
Easy to Share and Distribute
One-page documents can be easily shared via print, internet, email, and social media channels.
It's also a handy tool for entrepreneurs to use while presenting their company at conferences or meeting with potential investors. This adaptability makes it easy to share your business idea with stakeholders and investors in a targeted manner.
What Should a One-Page Business Plan Include?
Whether you're in the early stages of developing your business, looking to maintain the growth of your already established business or seeking expansion, your one-page business plan should comprise the following essential elements:
Executive Summary
An executive summary gives an overview of your business story. It is the part of the report where you hook the reader's attention and give a brief overview of your business essence. Your executive summary should be concise and no longer than two sentences.
The Business Opportunity
This section should clearly articulate the precise problem your venture is setting out to solve. You should clearly state the pain points and challenges that your potential users or customers currently face.
Let’s say you’re writing a plan for a logistics software company. Your business opportunity section could look like this:
Many businesses struggle with the complex task of optimizing delivery routes for their fleet, leading to increased fuel costs, longer delivery times, and decreased customer satisfaction. Existing route planning methods often lack real-time updates and fail to account for variables like traffic, weather, and delivery windows. This results in suboptimal routes and operational inefficiencies that hinder businesses from delivering their products in a timely and cost-effective manner.
Value Proposition
In this section of your one-pager, you should briefly describe the unique value of your product and how your company sets out to solve the identified problem.
Using the example above, here’s a value proposition:
Our cutting-edge software harnesses the power of real-time data, predictive analytics, and advanced algorithms to create optimal delivery routes on the fly. By taking into account variables such as live traffic updates, weather conditions, delivery windows, and vehicle capacities, we ensure that every route is not only the shortest, but also the most time-sensitive and cost-effective option available.
Team Members
This is the driving force behind any successful venture. Introduce the key individuals running the operations of the business, including their qualifications and core competencies.
Industry Analysis
Briefly identify your competitors and analyze their strengths and weaknesses. Delve into their market share if the space permits.
But most importantly, take the opportunity to emphasize your own competitive advantage. Highlight what sets your business apart from competitors, whether it's unique features, pricing strategy, technology, or other factors.
Target Market
This section should highlight the specific audience or customer segment that your business is aiming to serve. You can include the following specifics when talking about your target audience:
- Geographic location
- Target market size
- Demographics such as age, income, and lifestyle.
- Spending habits
Marketing Plan
This part of the business plan explains how you'll promote your goods and services, generate consumer demand and meet it. You should include information such as your marketing channels and promotional strategy.
Revenue Model
You should explain how your business generates or plans to generate income in this section. Highlight your pricing and revenue strategy, whether it is subscription-based, pay-per-use, advertising, licensing or freemium models.
Implementation Timeline
How will you roll out the business and which phases will be involved? Briefly talk about these roadmaps in this section. You can utilize a visual aid such as a chart, graph or map to provide a clear picture of your implementation timeline.
Financial Summary
Your financial summary section should highlight your vital financial indicators such as profit and loss, cash flow, balance sheet and sales projections.
For enhanced comprehension, consider incorporating visual aids to convey the financial data in this section. Fortunately, Visme offers a diverse range of data visualization tools that you can use to visualize various types of data.
Funding Required
In this section, specify the amount of funding you are seeking from potential investors. You should also specify the aspects of your business that the funding will support. Clearly stating your financial needs demonstrates your thoughtfulness in resource allocation.
Contact Information
Include contact details at the end of your plan. This will allow potential investors, partners, customers, and other stakeholders to easily reach out for inquiries, collaborations, or further discussions.
Depending on your purpose for writing this plan, you could leave out certain of the points listed above from your one-page business plan.
Follow the steps below to create a compelling one-page business plan. If you're in a hurry or need assistance getting your plan off the ground quickly, Visme's AI business plan generator can help you do it in just a few minutes.
Create an Outline
First, list out the essential parts of your business plan. Rank the components and select the ones that are most relevant to your business plan. Then use that to develop an outline.
Research And Gather Information
After determining the sections your one-page business plan should have, the next thing you need to do is gather the information required to fill them.
This may require you to conduct a study on your target demographics, collate past financial statements and identify current market trends. You might also need to conduct customer surveys, analyze competitor performance and collect quotes/estimates for future costs.
The goal of a one-page plan is not to sacrifice accuracy or specificity on the altar of conciseness. So just as with a full-fledged business plan, creating a one-page business plan requires thorough research.
Use a One-Page Business Plan Template
Creating business plans from scratch can prove laborious, especially if you're not a professional designer. However, you can skip all of that grunt work with Visme.
You can choose a template from Visme's collection of one-page business plan templates and adapt it to your specific requirements. Modify the background colors, texts, pictures and font colors, among other things, to reflect your brand identity and taste.
With Visme’s Brand Wizard , you can have all vital brand assets from your website automatically imported into your workspace and applied to every asset you create. Plus, Visme’s sharing and collaboration options make it convenient for teams to work together on creating concise and impactful one-pagers.
Hear what one of our customers has to say about Visme:
“You stumble on some templates and you’re blown away that someone put in such time and effort into creating them. You did not know you needed them in your life until that minute.”
Lorens | Graphic Designer
Write the Content
Condense the gathered information to its core essentials and insert them into the relevant sections that you have previously outlined in step one. Keep each section concise, using no more than two to 3 brief sentences or a bullet list of 2 to 3 key points.
It's important to be mindful of the length here, as trimming down your content when it extends past a single page might be challenging.
Design Visual Components
After filling in all of the text, you might want to add some visual elements to the plan to effectively illustrate information or data.
For instance, you may choose to present market share with the use of a pie chart or depict financial summary using a bar chart, graph or any other data visualization tool. Adding visual components not only makes your design more compelling but can also be an efficient way to manage the space on your page.
Some other visuals you can include are stock photos, 3D graphics, icons, shapes, characters and avatars, ai-generated images, videos and animated graphics.
Share Your One-Pager
It's time to show prospective investors your one-pager now that it's finished. You can download or share the document in a number of ways with Visme.
If your one pager has interactive features, here are some options available to you:
- Download as an HTML5 file
- Share via a private link with password access
- Share via a public link
- Send an invitation with a link
- Embed into a website with a snippet code
However, if it's a static document, you can download it as a PDF or an image or share it right on social media.
8 One Page Business Plan Templates
One page business plan.
Crafted to cater to the needs of both startups and established enterprises, this template will help you pitch investors in a clear and succinct way. From your value proposition to target audience, revenue model and key metrics, every vital detail finds its place.
Just like every other Visme template, this design may be customized in every way imaginable. Insert your company's colors, logo, icons and images into the design to give it a more personalized feel.
If you would like to change the custom images, you can utilize Visme’s AI image generator to create new professional images of your choice or improve on existing ones. Simply type your prompts and watch the magic happen in seconds.
![One Page Business Plan One Page Business Plan](https://assets.visme.co/templates/banners/thumbnails/i_One-Page-Business-Plan_full.jpg)
Retail Business One Pager Proposal
Whether you're launching a new retail endeavor or refining an existing one, this template is your key to capturing attention and securing support.
Effortlessly communicate your store's vision, unique selling points, target market and sales strategy in a visually compelling format.
Struggling with content? With Visme's built-in AI writer , creating content is a breeze. This tool's sophisticated text creation, modification and proofreading features will help you save time and energy while producing high-quality work.
![Retail Business Plan One Pager Proposal Retail Business Plan One Pager Proposal](https://assets.visme.co/templates/banners/thumbnails/i_Retail-Business-Plan-One-Pager-Proposal_full.jpg)
Sales Business Plan One Pager
Whether you're seeking investors, aligning your team, or optimizing your sales approach, this one page plan is your go-to solution.
Use this nifty template to put up a professional-looking presentation of your company's data, products and services and more. Also included are sections in which you may provide details about your business, its offerings, special features, statistics and more.
![Sales Business Plan One Pager Sales Business Plan One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Sales-Business-Plan-One-Pager_full.jpg)
With its eye-catching design, you can present your strategies and numbers in a way that captures the reader's attention instantly.
Use Visme's interactive features , such as clickable buttons and links, to pique the interest of your audience and encourage them to learn more.
Finance Business Plan One Pager
Attract potential investors and partners to your finance business with this stunning one pager template.
Lay out your financial strategies, whether it's investment management, financial consulting, or any other niche. Showcase how you'll stand out in a competitive landscape.
This well-designed one-pager incorporates charts, graphs and visuals to make your financial projections and strategies even more compelling. Investors and stakeholders will be impressed by your data-driven approach.
To quickly find design elements in the Visme editor, use the shortcut key. With a simple click of the forward-slash (/), you can conduct a targeted search or quickly skim through the available options.
![Finance Business Plan One Pager Finance Business Plan One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Finance-Business-Plan-One-Pager_full.jpg)
Marketing Business Plan One-Pager
Provide your audience with a comprehensive overview of your marketing approach without overwhelming them by using this template. Showcase your target audience, unique value proposition, distribution channels and key performance metrics in a visually compelling format.
Make use of visual aids like charts and graphs to communicate your findings from market research, analysis of the competition and growth estimates. Backed by data, you'll command attention from investors and partners eager to join your journey.
You can also include a link to an explainer video that demonstrates the value you provide. Create videos with ease using Visme and store related files in dedicated brand folders for easy access.
![Marketing Business Plan One Pager Marketing Business Plan One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Marketing-Business-Plan-One-Pager_full.jpg)
Retail Business Start-Up One Pager
Whether you're seeking investment, sharing your vision with potential partners, or mapping out your start-up strategy, this template offers a way to make a compelling case.
With a focus on clarity, this start-up one pager template enables you to present your business concept, target market, product offerings and initial financial projections on a single, engaging page.
You can keep track of the data for each one pager you send out using Visme analytics . More precise activity tracking is possible when you customize each document and save it separately with the prospect's name.
![Retail Business Startup One Pager Retail Business Startup One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Retail-Business-Startup-One-Pager_full.jpg)
Tech Business Plan One-Pager
Whether you're seeking funding, aligning your team, or refining your tech strategy, this simple one-pager template is your ultimate tool.
Utilize this template to showcase your product/service, target market, technology stack and key milestones in a visually compelling format.
You can download your design as a JPG, PNG, or PDF to print or share with your team members for collaboration. Sharing Visme projects through live links allows you to track who accessed your work using Visme’s analytics.
![Tech Business Plan One Pager Tech Business Plan One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Tech-Business-Plan-One-Pager_full.jpg)
Ecommerce Business Plan One-Pager
The vibrant color used in this design is sure to catch the eye of your audience right away. This makes it an excellent option for showcasing the worth of your eCommerce solution to potential investors or business associates.
This one-pager touches on your product range, market analysis, marketing strategy and analysis in a visually captivating format.
![Ecommerce Business Plan One Pager Ecommerce Business Plan One Pager](https://assets.visme.co/templates/banners/thumbnails/i_Ecommerce-Business-Plan-One-Pager_full.jpg)
Using Visme's collaboration features , you may swiftly solicit input from your partners or mentors while controlling permissions to edit or comment.
To add people to your workspace, follow the short tutorial video below.
Create Winning Business Plans with Visme
One-page business plans are great because they force you to distill your ideas and goals into concise and focused points. This brevity makes it easier to communicate your vision to investors, track progress and adapt to changes quickly.
Creating a professional one-page business plan is seamless with Visme. You can access a wide range of customizable templates, graphics to effectively convey the plan and impress your audience.
Visme's real-time collaboration tools and flexible sharing options allow you to effectively involve all relevant parties in developing and communicating your business plan, even when you're not physically together.
Apart from one-pager business plans, you can make all types of business one pagers , pitch decks, proposals , reports and all kinds of business content in minutes with Visme.
Sign up for Visme today to start creating excellent and compelling business content that’ll help you achieve your business goals.
Create winning one-page business plans with Visme
![write one page business plan write one page business plan](https://blog.visme.co/wp-content/themes/blog/img/03_sidebar_design.png)
Trusted by leading brands
![write one page business plan Capterra](https://www.visme.co/wp-content/themes/visme/images/2022/badges/capterra.png)
Recommended content for you:
![write one page business plan 11 SBAR Templates for Every Medical, Business & Project Needs](https://visme.co/blog/wp-content/uploads/2024/08/11-SBAR-Templates-for-Effective-Communication-How-to-Use-ThemTop-Tips-Thumbnail-500x280.jpg)
Create Stunning Content!
Design visual brand experiences for your business whether you are a seasoned designer or a total novice.
![write one page business plan write one page business plan](https://visme.co/blog/wp-content/uploads/2021/06/cta-left-icons.png)
About the Author
Olujinmi is a Content writer for Visme who creates human-first SEO content. She loves helping businesses smash their ROI goals with strategic content development and optimization. When she’s not writing, you’ll find her composing songs.
One-Page Business Plan Templates with a Quick How-To Guide
By Joe Weller | April 6, 2020
- Share on Facebook
- Share on LinkedIn
Link copied
In this article, we’ve gathered a variety of free, one-page business plan templates for you to download in Excel, Word, and PDF formats.
Included on this page, you’ll find a one-page business plan template for a service business , business plan template for a product business , business plan for a real estate agent , a Lean business plan template , and more. To help get you started, we’ve also included an example of a one-page business plan , and a quick guide on how to create your one-page business plan .
One-Page Business Plan Template
![write one page business plan write one page business plan](https://www.smartsheet.com/sites/default/files/IC-One-Page-Business-Plan-Template.jpg)
Download One-Page Business Plan Template
Excel | Word | PDF | Smartsheet
Use this one-page business plan template — designed to be simple, organized, and easy to use — to immediately get started on your plan. Write down your thoughts and key ideas as you decide if your business concept is viable, and adjust it as circumstances change. You can also use this template as a basis to build a more detailed and elaborate plan.
One-Page Business Plan for a Service Business Template
![write one page business plan One Page Business Plan For A Service Business Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-A-Service-Business-Template_WORD.png)
Download One-Page Business Plan for a Service Business Template
Excel | Word | PDF
This business plan template is designed specifically for businesses that provide a service. The one-page plan provides space to list the essential information about your strategy, including the service you offer, the problem you are solving for customers, your mission and vision statements, target audience, staffing requirements, key objectives, and much more. This template also includes a timeline at the bottom for you to add key milestones.
One-Page Business Plan for a Product Business Template
![write one page business plan One Page Business Plan For A Product Business Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-A-Product-Business-Template_WORD.png)
Download One-Page Business Plan for a Product Business Template
Use this one-page template to develop a strategic roadmap for your organization’s product offerings. This template provides space for you to include a business overview, a description of your target market, your competitive advantage, a list of marketing channels and materials you plan to utilize, as well as your pricing strategy, distribution channels, and success metrics. You can also use the visual timeline of milestones at the bottom to enter key dates and events.
One-Page Business Plan for Real Estate Agents Template
![write one page business plan One Page Business Plan For Real Estate Agents Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-Real-Estate_Agents-Template_WORD.png)
Download One-Page Business Plan for Real Estate Agents Template
This one-page business plan template is created for real estate agents to set objectives and put together an action plan. Enter your overarching goal at the top of the template, and establish three high-level activities you need to complete to achieve the goal. The template also includes a strategic action plan that breaks down each high-level activity into tasks and deadlines, with an accompanying visual timeline to ensure you stay on track.
One-Page Business Plan for Nonprofit Organization Template
![write one page business plan One Page Business Plan for Nonprofit Organizations Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-Nonprofit-Organizations-Template_WORD.png)
Download One-Page Business Plan for Nonprofit Organization Template
This one-page business plan is designed for a nonprofit organization, with space to detail your mission, vision, and purpose statements, as well as who you serve, the problem(s) you solve, and programs and resources you offer. Additionally, the template includes space to detail your financial plan, marketing activities, costs, and more.
One-Page Business Plan for Startup Template
![write one page business plan One Page Business Plan For Start Up Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-Start-Up-Template_WORD.png)
Download One-Page Business Plan for Startup Template
This one-page business plan template is intended for an entrepreneur or a small startup business to document a plan as they determine if an idea is feasible. This template provides space to describe the problem and solution, the product or service, the target customer, existing alternatives, the unique value proposition, a marketing and sales plan, success metrics, and other information. You’ll also find room to detail sources of funding and how the funds will be used.
One-Page Business Plan for Small Business Template
![write one page business plan One Page Business Plan For Small Business Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Business-Plan-For-Small-Business-Template_WORD.png)
Download One-Page Business Plan for Small Business
Use this one-page small business plan template to outline the essential aspects of your business strategy. Provide details on your organization’s vision, mission, product or service offering, and management team. Then identify the target audience, market size, competitor offerings, and your competitive advantage. This plan also includes room to detail your marketing and sales strategy, key objectives, and financial plan.
One-Page Lean Business Plan Template
![write one page business plan One Page Lean Business Plan Template](https://www.smartsheet.com/sites/default/files/2020-04/IC-One-Page-Lean-Business-Plan-Template_WORD.png)
Download One-Page Lean Business Plan Template
This one-page template uses a Lean approach to develop your business plan. Use this customizable template to detail the crucial elements of your strategy, including a brief business and industry overview, your product or service offering, options from your competitors, and your competitive advantage. Plus, this template includes room to detail your marketing plan, success metrics, financial plan, and a visual timeline of milestones.
One-Page Business Planning Template with Timeline
![write one page business plan Simple Business Planning Template with Timeline](https://www.smartsheet.com/sites/default/files/2020-04/IC-Simple-Business-Planning-Template-with-Timeline.png)
Download One-Page Business Planning Template with Timeline
Excel | Smartsheet
Use this business planning template to organize and schedule key activities for your business. Fill in the cells according to the due dates, and color-code the cells by phase, owner, or category to provide a visual timeline of progress.
One-Page Business Plan Example
![write one page business plan One Page Business Plan Example](https://www.smartsheet.com/sites/default/files/2020-05/IC-One-Page-Business-Plan-Example.jpg)
This one-page business plan covers all the essential elements and offers a visually appealing presentation. Information for each aspect of the plan is concise, with details about the business mission, management team, product offerings, key marketing activities, competitors, and financial projections. This plan also provides links to additional resources so that stakeholders can easily find information to support the specifics of the plan.
How to Write a One-Page Business Plan (with Sample Outline)
A one-page business plan takes a standard business plan and extracts the fundamental aspects, then condenses the essential information down to one page. To determine the key elements to emphasize in your one-page plan, consider the type of business you operate, as well as the financial (and other resources) needs of your business.
To streamline your business plan into a one-page document, follow the steps below.
- Create a simple outline for your plan using bullet points. Below, you’ll find an example of an outline for a one-page business plan. You can add or remove sections according to the needs of your business.
- Business mission
- Problem you are solving
- Funds needed (if applicable)
- Product or service positioning statement
- Unique value proposition
- Target customers
- Market size
- SWOT analysis
- Direct competitors
- Existing alternatives
- Competitive advantage
- Key marketing strategy (e.g., channel or method that will yield the best results)
- Key sales strategy
- Specialized equipment or facilities
- Staffing requirements (e.g., key personnel, skills, and training needs)
- Distribution method
- Sales projection
- Profit and loss projection
- Gather all your findings on your business and industry.
Compile all the current information you have gleaned from market research, interviews, surveys, and various teams in your business (e.g., the marketing and finance teams). Comb through each document and extract the information that is fundamental to your business’s operation and relevant to the bullet points on your outline.
- Write two to three brief sentences for each main bullet point.
Once you create your outline and gather information, write two to three sentences for each main bullet point that expands on and summarizes the sub-bullet points for that section. For example, the plan summary section could say the following:
Donny’s Food Truck will offer a variety of fresh food at an affordable price in a convenient location. Increased traffic in the Hungry Town area, combined with severely limited dining options, provides an opportunity to offer customers a quick, nutritious meal at a competitive price. A food truck with the necessary equipment has already been acquired, so we are seeking $200,000 to cover wages, emergency repairs, and licenses needed to fund our first year of operations.
- Ensure you are able to support all the information provided in your plan.
Since a one-page plan omits many of the details provided in a traditional business plan, be sure you have market research and other supporting documentation on hand to show stakeholders in case they have questions as they review your plan. In addition, make sure you thoroughly understand the supporting information and know how to restate it in your own words before you disburse the plan.
- Ensure your plan answers all the vital questions .
At a minimum, an effective one-page business plan should answer the following questions:
- What product or service do we offer?
- Who will use the product or service?
- What problem does our offering solve?
- How will the product or service get to our customers?
- What alternatives do our customers use, and why are we superior?
- What is our unique value proposition?
- What strengths and opportunities can we use to our advantage?
- What resources do we need to get up and running?
- What will our sales look like for the first few years?
- When do we expect to be profitable?
In addition to the steps provided above, you can save time and get started on your plan by downloading one of the templates provided on this page. You can also check out “ Free Executive Summary Templates ,” which can serve the same purpose as a one-page business plan.
Benefits of a One-Page Business Plan
Organizations and stakeholders can unite behind a strategic direction when they have a business plan in place. Developing a traditional business plan can be a daunting task, so many entrepreneurs, small startups, graphic designers, freelancers, and consultants find a one-page business plan a less intimidating place to start.
Creating a one-page business plan benefits your organization in the following ways:
- Push you to prioritize and focus on key ideas.
- Enable your audience to quickly scan and grasp the core concepts of your plan.
- Allow you to easily share and pitch your business idea to prospective investors and stakeholders (e.g., email attachment, single piece of paper).
- Accelerate business setup, especially businesses that don’t need a loan or investment to get going.
- Provide a solid starting point to expand upon at a later time.
- Enable you to document your thoughts and ideas to see if you have a feasible plan.
Tips for Creating a One-Page Business Plan
Now that you know how to create a one-page plan and the benefits in doing so, here are some tips to get you started:
- Set a time limit (up to one hour) to focus and work on your plan.
- Use a one-page business plan template (you can choose from the options above), or refer to the sample outline provided on this page.
- Ensure your plan details only the core aspects that are fundamental to running and operating your business.
- Remember that this is a living document — continue to revisit and adjust it as strategies and objectives change.
- Expand on your plan as your business size and needs grow.
When the time comes that you need more space to lay out your goals and strategies, choose from our variety of free simple business plan templates . You can learn how to write a successful simple business plan here .
Visit this free non-profit business plan template roundup or download a fill-in-the-blank business plan template to make things easy. If you are looking for a business plan template by file type, visit our pages dedicated specifically to Microsoft Excel , Microsoft Word , and Adobe PDF business plan templates. Read our articles offering startup business plan templates or free 30-60-90-day business plan templates to find more tailored options.
Improve Business Planning with Real-Time Work Management in Smartsheet
Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.
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.
Discover why over 90% of Fortune 100 companies trust Smartsheet to get work done.
This post may contain affiliate links. See our affiliate disclosure for more.
![write one page business plan Advertisement:](https://millo.co/wp-content/uploads/2024/03/Moxie-top-leaderboard.png)
How to write a One Page Business Plan: templates, ideas, and a step-by-step guide
![write one page business plan](https://millo.co/wp-content/uploads/2018/07/how-to-write-a-one-page-business-plan-templates-ideas-and-step-by-step-guide.png)
Preston Lee
Preston Lee is the founder of Millo where he and his team have been helping freelancers thrive for over a decade. His advice has been featured by Entrepreneur, Inc, Forbes, Adobe, and many more. Learn more »
Download our FREE one page business plan template + guide
The problem with business plans, using a one page business plan, vs. using no business plan at all, vs. a lengthy, drawn out business plan, the one page business plan bias, so what should you include in a one page business plan, examples of successful one page business plans, chris guillebeau’s one page business plan from the $100 startup, fizzle’s one page business sketch template, bplan’s one page business plan template, how to write a one page business plan from patrick bet-david of valuetainment, millo’s own one page business plan template & step-by-step guide, some final encouragement about your one page business plan, show me your one page business plans.
BIG NEWS! We just released The Freelance Files , a collection of professional done-for-you email scripts, contracts, invoices, and more for smarter freelancing. The first 50 customers, save 50% with this link .
Writing a one page business plan (instead of a hundred-page, in-depth business plan no one will ever read) has become a popular and efficient way to get your small business moving in the right direction.
This article is meant to be an all-inclusive resource for anyone wanting to write their own one page business plan and use it to actually start a business .
I’ll include links to quality one page business plan templates, ideas for what to include in a business plan, and more resources to walk you through the process of building a one page business plan yourself.
If you’re ready to skip all of this and just want to download our one page business plan completely free, you can enter your email below and we’ll send it to you asap. Otherwise, keep reading.
Here’s the fundamental problem with business plans—I’m not talking about a one page business plan here, I’m talking about the typical business plan you might see in silicon valley or presented to a bank loan officer.
Therein lies the issue: if you’re looking for a one page business plan template, you’re most likely not headed to the bank to try and get some huge loan to start your business.
Like millions of people around the world, you’re probably a freelancer, a side-hustler, a solopreneur or aspiring to be one of these.
You’re not trying to start the next huge corporation. You just want to make some extra money on the side—and maybe eventually quit your job and work for yourself.
For this much more common purpose, a one page business plan is the exact perfect remedy.
Why? Because by putting all your business plans onto just one single page, you’re forced to do a few things:
- Prioritize: Limiting your business plan to one page means you can only include the most important elements of your new small business.
- Simplify: When you’re dreaming up what your business might look like in the future it can be really easy to get carried away. By limiting your business plan to one page, you force yourself to keep it simple.
- Organize: Instead of letting all your dreams and plans swirl around in your brain, putting them down into a simple one page business plan allows you to quickly organize and move forward.
By forcing yourself to prioritize, simplify, and organize, you’ll find you can get down to what’s more important in your business: actually getting work done and getting paid for the work you do.
Let’s compare what your first 6-12 months of business might look like with a one page business plan vs. no business plan at all vs. a lengthy, drawn out traditional business plan.
Your first 6-12 months might look something like this if you choose to develop a one page business plan:
You come up with an interesting business idea that you want to explore. You jot down a few ideas including how you’ll make money, what you’ll be selling, and how much you’d like to make doing what you’re doing.
After just a couple of hours total working on your one page business plan, you’re ready to get to work on the tasks that actually move your business forward.
Your first 6-12 months might look something like this if you choose to use no business plan at all:
You come up with an interesting business idea that you’d like to explore. Instead of writing anything down, you decide to sketch out what your logo might look like.
![write one page business plan Advertisement:](https://millo.co/wp-content/uploads/2023/02/Moxie-Ad-2024-450x450.png)
The logo sketching leads to a dead end but reminds you of another business idea you once had in college. So you talk to your friends about that business idea for a while.
A year later, you’ve followed a similar pattern with dozens of potential ideas, but without a business plan, none of them ever came to fruition.
Your first 6-12 months might look something like this if you choose to use a long, drawn-out business plan instead of something that fits on one page:
You come up with an interesting business idea that you’d enjoy exploring further. You start to crunch the numbers on what this might look like if it gets really big and successful.
Knowing you’ll need funding from angels or the bank, you decide to draft up a large document explaining what actions your small company will take over the next 5-10 years to ensure your lenders get their money back.
You go through so many revisions of this hundred-page document, you finally burn out and decide it’s easier just to keep your day job.
![write one page business plan Advertisement:](https://millo.co/wp-content/uploads/2024/03/SG-Banner-Large-Square-450x450-1.png)
Ok, obviously, I’m biased toward the one page business plan scenario. It’s clean, it’s easy, it’s simple. But most of all, it gets you to take action…quickly!
When I was contemplating taking my own business full-time, I called up my dad who, my whole life, has been talking about entrepreneurship and inventing. If I had a dollar for every time my dad said something like “that’s a great business idea” or “I can’t believe no one has made a business out of that yet,”….well, I would never need to work again.
But my dad…he’s not in business for himself.
He never has been, really. He’s always been at a desk job. And I admire him for his persistence in taking care of our family.
One day I called him up and asked him: “why did you never try to build a business of your own?”
His response, among other things, was he couldn’t wrap his brain around how to build a business plan, get funding, and find the right manufacturing (all of which, might I add, were infinitely harder 30 years ago than they are today).
Why do I tell you this story? Because I’ve seen it a thousand times in lots of variations: people get overwhelmed with what they think they need in order to start a business.
![write one page business plan Advertisement:](https://millo.co/wp-content/uploads/2023/02/350x350.png)
One of those overwhelming tasks: building a 40-page business plan complete with competitive SWAT analysis, positioning statement, and blah blah blah.
So it kills your idea.
On the other hand, using a one page business plan lights a fire under you and pushes you forward into the work that matters more than the planning: the actual doing.
Okay, enough talking about a one page business plan. You’re convinced. Putting all your plans down on one simple piece of paper is going to be better than any other option.
But where do you start? What exactly do you put down in your one page business plan to really make it effective without being too complicated?
Remember, a one page business plan is much different from a 70-page plan primarily because this plan isn’t meant to be shown off to other people in an effort to gain support or get funding.
This business plan is primarily for one person: you.
That means there are lots of things you might find are recommended to go in a typical business plan. But that doesn’t mean they should be in your one page plan. Examples include “Executive Summaries,” “Management Organization” or “Funding Requests.”
Don’t waste your time on that kind of thinking for now.
Instead, include the most important elements of your new business only. Here are a just a few ideas to get you started:
- Company Description: What will your company do? What exactly will your company sell? Will you provide a service? Sell a product? To whom? Why?
- Products or Services: What products or services will you offer? How much will they cost in the beginning?
- Marketing and Sales: How will you get your first customers? Who will pay you for your service or product?
- Goals and Milestones: How many customers do you need to make this business “successful”? How long will it take to get the ideal number of customer or monthly revenue?
There are countless examples of business plans on the internet, but below, I’d like to highlight a few of my favorite approaches to one page business planning from some of the smartest people I personally know in the world of solopreneurship and small business.
Note: PLEASE don’t pay for an app or software to help you write a one page business plan. Maybe down the road you’ll need something like that, but keep it simple and download one of the free options below or just get out a blank sheet of paper and create your own.
Chris Guillebeau, author of one of my all-time favorite business books, The $100 Startup , offers a free one page PDF that’s pretty great.
![write one page business plan One page business plan template - Guillebeau](https://millo.co/wp-content/uploads/2018/07/One-page-business-plan-template-Guillebeau.png)
It asks simple questions like: What will you sell? Who will buy it? And How will your business idea help people?
I also love how Chris’s one page business plan focuses on success metrics—or what the business will look like if it’s “successful.” Will have it have a certain number of customers? A certain amount of monthly revenue?
This allows you to put an actual end point or goal on your one page business plan so that you know exactly what you’re working toward.
You can access Chris’s one page business plan here .
Another great resource to get you moving quickly toward your business goals is the Business Sketch Template provided my my friends at Fizzle.co.
Here’s what they have to say about one page planning:
“It might seem surprising or impossible to imagine that all of the most crucial pieces of your business can fit onto one page. At Fizzle, we call this plan a sketch: it’s meant to be completed quickly, if not a bit roughly, but the objective is still to put pencil to paper.”
What I like about Fizzle’s business sketch template is that it starts with the center focus on Key Metrics and prompts you to ask questions like “What will you measure to determine that this audience has this problem and wants this solution?”
![write one page business plan one page business plan template - Fizzle](https://millo.co/wp-content/uploads/2018/07/one-page-business-plan-template-Fizzle.png)
As big proponents of building a small, lifestyle business, It’s no surprise this template also includes some unique sections like “personal fit” which force you to ask questions about how the business will interact with your daily life, personal passions, and life goals.
You can access Fizzle’s one page business sketch template here .
Another potential one page business plan is presented by Bplan.
Here’s what they have to say about “a new kind of business planning.”
![write one page business plan one page business plan template - bplans](https://millo.co/wp-content/uploads/2018/07/one-page-business-plan-template-bplans.png)
“A business plan no longer needs to be a long document that takes weeks to write and research. It’s not something that you print, bind professionally, and then stick on a shelf. You probably only need a formal, traditional business plan if you’re seeking a bank loan or outside investment—you’ll be expected to provide one in those instances.”
With that, they offer some great advice on how to write a business plan in under 1 hour .
You can download their “lean business plan” template here .
If you prefer to learn by watching a video, I found this video is a pretty great resource to help you with your one page business plan. I don’t agree 100% with everything he says, but I like his overall approach to tackling business planning.
After studying this topic extensively—reading hundreds of articles and looking at lots of one page business plan templates, we’ve decided to include a free download of one of our own templates as well.
Our one page business plan template is tailored particularly to freelancers and solopreneurs—one-person businesses who want to stay small and build a healthy revenue for themselves and their loved ones.
Our one page business plan template is designed to be completed in less than 45 minutes and give you the ammunition you need to hit the ground running—instead of getting stuck in the details of starting a business.
You can download our free one page business plan template by entering your email below:
Before you go, here are some final words of encouragement and advice when it comes to planning your business.
First of all, you can plan everything you need to on just one page. At least for now.
Sure, one day you might need a more lengthy, in-detail plan to present to someone else, but for now, give yourself a break. You don’t have to write a plan that Mark Cuban would be proud of. You just have to write a plan that helps you get from point A to point B.
Secondly, don’t get stuck at this phase. If you have to, time yourself. Set a time limit of 45 minutes (or whatever amount makes sense for you). And when the timer’s up, it’s time to get back to work actually starting or building your business.
Finally, use this one page business plan as a compass, but be flexible. The point is to give yourself a roadmap, but just like your GPS has to “reroute” when there’s an unexpected obstacle, you might also need to pursue a different path, different method, or different goals as you go along.
In fact, I’d say it’s next to impossible to build a business plan of any kind and then stick to it 100% over any significant amount of time.
There will always be unforeseen obstacles and changes. There will always be hiccups. The idea is to just write your business plan .
Roll with the punches and something as simple as a one page business plan can take you far.
After you draft up your one page business plan, I’d love to see what you landed on. Share a link with me in our mastermind group , by leaving a comment below, or sharing on twitter .
I can’t wait to see what you’ve done. Good luck!
![write one page business plan One Page Business Plan template Pinterest Pin](https://millo.co/wp-content/uploads/2018/07/One-Page-Business-Plan-template-Pinterest-Pin-683x1024.png)
Keep the conversation going...
Over 10,000 of us are having daily conversations over in our free Facebook group and we'd love to see you there. Join us!
![write one page business plan Advertisement:](https://millo.co/wp-content/uploads/2024/03/SG-Banner-Leaderboard-2-Yellow-728x90-1.png)
Written by Preston Lee
Editor at millo.co.
Preston Lee is the founder of Millo where he and his team have been helping freelancers thrive for over a decade. His advice has been featured by Entrepreneur, Inc, Forbes, Adobe, and many more.
Preston's Articles
At Millo, we strive to publish only the best, most trustworthy and reliable content for freelancers. You can learn more by reviewing our editorial policy .
Home » Blog » Small Business » How To Write A One-Page Business Plan In 7 Simple Steps
💳 Save money on credit card processing with one of our top 5 picks for 2024
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2024/08/merchant-maverick-logo-square.png)
Level Up Your Business Today
Join the thousands of people like you already growing their businesses and knowledge with our team of experts. We deliver timely updates, interesting insights, and exclusive promos to your inbox.
How To Write A One-Page Business Plan In 7 Simple Steps
Sometimes a one-page business plan is all you need to get a great idea going. Download our free one-page business plan template to get you started.
![write one page business plan Nicolette Kier](https://www.merchantmaverick.com/wp-content/uploads/2024/09/Nicolette-Kier.jpg)
WRITTEN & RESEARCHED BY
Expert Contributor
Last updated on Updated August 15, 2024
![write one page business plan Matt Sherman](https://www.merchantmaverick.com/wp-content/uploads/2024/09/Matt-Sherman.png)
REVIEWED BY
Lead Staff Writer
- A one-page business plan is a concise document that outlines your business goals, strategies, and financials, making it ideal for focusing your efforts or pitching to investors.
- Perfect for startups or small projects, a one-page plan may also need to be expanded as your business grows or when seeking significant funding.
A one-page business plan can be the tool you need to secure funding opportunities, expand your business scope, or sharpen your focus and jumpstart your business success. Think of a business plan as a blueprint or roadmap for the success of your business. And when you limit your business plan to one single page, you can zero in on what will help you succeed.
Also, a formal business plan is often needed when seeking capital from traditional sources, such as a small business bank loan or a grant.
Don’t worry, because a successful business can rely on a business plan that’s just one single page — if you do it right. We’ll help you by walking you through the elements that make up a top-notch one-page business plan, and we’ll even give you a free downloadable template you can use to get started.
Table of Contents
What Is A One-Page Business Plan?
Do you need a one-page business plan, how to create a one-page business plan in 7 steps, download our one-page business plan template, how to use your one-page business plan.
A one-page business plan is a short document providing an overview of your current status and plans. Think of it as a big-picture overview driving your business decisions. Or, if you’re hoping to pitch your business plan to potential investors, a one-page business plan can give them a clean, quick outline of your goals and your strategies for getting there.
Your goals are big, and your plans for getting there are big, too. So, how the heck can you be expected to squeeze all of your energy and intentions into a single sheet of paper?
The answer is not to cheat by widening the page margins or by using a font so small you need a magnifying glass to read it. Stick to standard margins, use a normal, legible font, and follow our suggestions for creating a one-page business plan.
Every business, no matter how big or small, needs to have a business plan, and a one-page plan is a great place to start. This plan should provide a basic overview of your business in its early stages. You can use it to guide your planning and decision-making or to pitch investors who might be willing to help you grow.
Key point: Many business owners can get started with a one-page business plan, although it may not be what you need as your business grows and becomes more complex. The good news is that even when your business eventually requires a longer, more complicated business plan, your one-page business plan can still prove useful! You’ll be able to return to your one-page plan to guide you as you create your next-level business plan.
Use A One-Page Business Plan If …
- You work on your own, as an independent contractor, freelancer, or simply someone managing a side hustle or hobby. If you’re ready to take it to the next level, a one-page business plan is a perfect document to guide you.
- You have a business idea to pitch to potential investors or partners. A one-page business plan can serve as an excellent and easy-to-digest introduction to your business.
- You plan to craft a lengthier business plan down the road. Because a one-page plan forces you to be concise, it can help you clearly convey your thoughts and cut out unnecessary jargon.
- You want to organize your thoughts or hone your focus to improve your business or tackle some problem areas.
Do Not Use A One-Page Business Plan If …
- You have a very complicated business idea.
- You have multiple partners.
- You’re seeking significant capital from a traditional source such as a bank, the Small Business Association, or a grant.
Executive Summary VS One-Page Business Plan
If you’ve been looking into creating a business plan, you’ve probably run across the term “executive summary.” And you may be wondering if an executive summary is the same thing as a one-page business plan.
It’s close, but not quite.
An executive summary is similar to a one-page business plan, but with key differences. Because a detailed business plan can run to dozens of pages, they often include an executive summary, which is a brief document providing key details from the business plan. An executive summary is usually written out in sentence form, rather than bullet points. And unlike a one-page business plan, an executive summary can be as much as two or three pages long.
Elements Of A One-Page Business Plan
If you’ve decided that a one-page business plan is the right tool for you to use, before you start to write it, let’s take a look at what a great one-page business plan needs to include.
Here are the seven basic elements of a one-page business plan:
- Business Overview
- Target Market
- Your Competition
- Financial Summary
- Marketing Strategy
Now that you know a little more about what a one-page business plan is and when it’s the right tool for your business, you’re ready to start crafting your own! In the next section, we’ll walk you through 7 steps to help you create your one-page business plan.
You’re ready to create a one-page business plan! Before you start tapping away at your laptop, take a minute first to map out everything you need. You’ll find it much easier and faster to create your one-page business plan if you organize yourself first.
Remember the basic elements of a one-page business plan we covered earlier? Let’s break down each piece so you know exactly what to include. Your goal is to keep everything clear and concise, so you can fit all relevant information on a single page. A good rule of thumb is to keep each section to one or two sentences or a few bullet points .
Step 1: Create A Business Overview
In this section, state the business problem or market opportunity that you have identified. Then, give a brief description of how your business will solve that problem or meet that need. Answer this question succinctly: What product or service do you offer that will fill a need in the market?
Remember, you’re limited on space, so go directly to the point, using specifics and without being too generic. You want to make a statement that shows how your business stands out from the rest.
Step 2: Identify Your Objectives
For this section, home in on your goals for your business endeavor. Your objectives should be in the form of a list of the goals you have as you start or expand your business. What’s most important for you? Do you want to be your own boss? Do you want to provide outstanding service in an industry where service is lacking? Have you set a revenue goal?
Jot down your short-term and long-term goals for your business. Combine them, refigure them, and work on your list until you have no more than two or three clear, concise objectives that you can list in bullet form on your one-page business plan.
Step 3: Summarize Your Experience
Use this section to outline the specific qualities and experiences that contribute to making you a successful business owner uniquely poised to address the opportunities you’ve identified. Include your educational background, industry experience, work history, or even your own experiences as a customer that led to your business idea.
Having a resume on hand can make this section easier, so take the time to create or update yours. It’s also a good idea to have a resume ready if and when you formally seek funding in the future, as some lenders include this as part of their documentation requirements.
Step 4: Spotlight Your Target Market
Who will be your customers? What are their needs? Here are some questions to jumpstart your thinking:
- Will you market your products/services to consumers or to businesses?
- What is your key demographic? Consider factors including age, income, and lifestyle.
- Why do these customers need your product/service?
- Why should customers buy from you instead of from someone else?
Answering these questions may take some time, especially if you haven’t already considered these issues. Be prepared to do some research. Think about creating surveys, check out industry studies, and do your due diligence on comparable businesses.
While it’s true that serious market research costs money, for now, it’s okay to keep it simple. As your business grows and you develop a formal business plan, you can think about investing money in research. To create a one-page business plan, focus on free and low-cost methods for learning about your target market.
Step 5: Sketch Out Your Competition
Who will you be going up against in the marketplace? When you think about your competition, consider comparable products, services, and businesses that offer something similar to what you offer. Can you identify any competitive advantages they hold over you? And what advantages do you hold? Think about what you have to offer customers that would make them choose your business, product, or service.
For this section, you can use the market research from the previous section. Once again, it’s okay to keep it relatively simple and inexpensive here. As your business expands and you develop a more comprehensive business plan, you may need to invest money in additional market research.
Step 6: Provide A Financial Summary
It’s time to talk numbers! In your one-page business plan’s financial summary, you’ll need to include several important numbers. The first is your startup costs. If you haven’t launched your business yet, you may not have exact figures, but make sure to do some research so your estimates are as specific and realistic as possible.
Next, you will need to figure out ongoing costs to operate your business. This could include a lease or mortgage, marketing expenses, materials purchasing, hiring and training employees, payroll, insurance, and other expenses.
The last number you need to include is your projected revenue. After all, you want to show that you plan for your business to be profitable. What are you going to charge for your product or service? How many customers would you need to meet your revenue goals? You may already have an idea in mind, so just research comparable products or services to make sure your pricing remains low enough to be competitive but high enough to bring in a profit. If your business is currently in operation, you can review your bank statements and other financial documentation.
Step 7: Preview Your Marketing Strategy
You know how much revenue you need to be profitable. Now it’s time to think about how to gain that revenue as you plan out your marketing strategy. Remember, this is a one-page plan, so don’t list every detail. For now, though, you should keep a few things in mind.
The first is your budget. You can start with free and low-cost marketing methods, like free email marketing software, until you figure out what works. You can always upgrade to a paid plan when you need it.
Next, consider what your competitors or similar businesses within the industry are doing. In your eyes, which methods have been successful and which have flopped? Think outside of the box. While it’s certainly okay to do things your competitors are doing, such as advertising on social media, look for unique ideas that make you stand out.
One-page business plans rely on seven elements outlined above. But what’s the best way to organize your ideas? You want to make a compelling case, but you’ve got just one page to present it.
Never fear! We’ve got you covered with our free downloadable template.
Use our Merchant Maverick one-page business plan template to organize your ideas and capture your goals, plans, strategies, and more. It’s a great way to organize your thoughts and draft the professional-level one-page business plan you need to get started on your path toward business success.
For our PDF format, simply click on the link and print a copy for your records. For our Google Doc/MS Word format, when you click on the link, you will be asked to make a copy. Click “make a copy,” and then you will have your own editable one-page business plan in Google Docs.
Get Our One-Page Business Plan (PDF format)
Get Our One-Page Business Plan (Google Doc/MS Word)
Congratulations! You’ve created your one-page business plan. Now, it’s time to put it to use.
If you haven’t yet launched your business, your business plan can serve as a road map to get started. You have your goals in place, you’ve started to calculate your expenses, and you know how much money your business needs to become profitable and succeed. With your one-page business plan in hand, you’re ready to take the first step toward your goals and launch your business!
If your business is already established, your one-page business plan can help you when you’re ready to pitch your business idea to investors or partners.
And, by the way, if you’re already thinking about funding sources, you can add some real numbers to your one-page business plan. Start with our list of the best banks for small business loans .
- Latest Posts
Nicolette Kier
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/plugins/fanciest-author-box/images/view-my-linkedin-profile.png)
Latest posts by Nicolette Kier ( see all )
- Restaurant POS Hardware: 2024 Guide - March 12, 2024
- What Is A KDS & How Do They Work? - March 7, 2024
- How Much Does A Restaurant POS System Cost? - March 7, 2024
- What Is A Restaurant POS System & How Do They Work? - March 4, 2024
- How To Set Up An Online Ordering System For Your Restaurant - January 23, 2024
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/themes/merchantmaverick/images/speech.png)
We Want Your Feedback
Let us know how well the content on this page solved your problem today. All feedback, positive or negative, helps us to improve the way we help small businesses.
![write one page business plan How to check your business credit score](https://www.merchantmaverick.com/wp-content/uploads/2019/08/bigstock-Businesswoman-Successful-Woman-424453520-300x200.jpg)
What Is A Business Credit Score?
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2019/03/Business_owner_with_open_sign-300x200.jpg)
How To Find Your EIN Number
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2023/01/uniquebusinessideas-300x200.jpg)
Best Unique Business Ideas
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2020/04/small-business-lending-300x200.jpg)
How Do Small Business Loans Work? Learn The Basics
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2018/06/bigstock-Woman-With-Credit-Card-Swiping-306650548-300x200.jpg)
How To Choose A Credit Card Machine Or Payment Terminal
" * " indicates required fields
Want to help shape the future of the Merchant Maverick website? Join our testing and survey community!
By providing feedback on how we can improve, you can earn gift cards and get early access to new features.
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2023/01/ERCspecalists_crop.png)
We Want Your Feedback!
Help us to improve by providing some feedback on your experience today.
Step 1 of 6
The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
Never show me any popup offer again.
![write one page business plan write one page business plan](https://www.merchantmaverick.com/wp-content/uploads/2022/12/Modal-M.png)
Maverick Newsletter Signup 📬
Limited Time Offer:
Save Up to 25% on LivePlan today
![Tool graphics Tool graphics](https://web-cdn.paloalto.com/liveplan/features/professionals.png?format=auto&width=250&height=186)
0 results have been found for “”
Return to blog home
How to Write a Viable Business Plan on One Page
Posted march 10, 2021 by noah parsons.
![write one page business plan](https://web-cdn.liveplan.com/liveplan/content/uploads/2018/10/10121905/LivePlan-Headers-34.jpg?format=auto)
If you’ve been putting off writing your business plan, you are not alone. Writing a business plan can seem like a daunting task and an easy one to avoid.
But, it doesn’t have to be. An easy way to start is with a one-page business plan .
Advantages of a one-page business plan
Narrowing down your business idea to a single page is a good exercise. It’s also a more useful way to create a viable business plan in under an hour. Still not convinced? Here are a few other benefits to starting with a single-page plan.
It’s faster to create and iterate
A one-page plan is designed to be done quickly and easily. The short format ensures that you don’t get too caught up in developing a lengthy explanation of your solution, and instead forces you to keep moving through the sections of your plan.
It’s also a plan that’s not meant to be perfect, meaning you’ll likely revisit it. Luckily, keeping everything to one-page makes it fast and easy to update or adapt specific sections or even your entire plan.
It provides the clearest picture of your business
There will be plenty of moments over the life of your business where you need to streamline your messaging. From advertisements to pitching to investors, you need to be clear and concise in order to get people on board. That can be difficult to do if you start with overly lengthy explanations of the different elements of your business.
This is why a one-page plan can be so beneficial. It encourages you to keep your descriptions brief and to think more critically about what you need to say about your business. You can always build up from there.
![write one page business plan YouTube video](https://i.ytimg.com/vi/PYSg2SCLxGM/hqdefault.jpg)
How does a one-page plan differ from other business plan formats?
There’s really not much difference between developing a business plan on one page and a good executive summary . The only real possible difference is that if you set out to write a business plan on one page, it must absolutely fit on that one page and must be in a font that most people can still read. A traditional executive summary, on the other hand, can extend to two or three pages, but really should never be longer than that.
If you can condense your executive summary to one page, that’s great. Investors don’t have lots of time to read and a one-page executive summary will get the idea of your business across succinctly. It’s actually a very good exercise to trim down your executive summary to the absolute minimum. This will force you to trim needless words and communicate your business idea clearly and with minimal clutter.
In many ways, a one-page plan serves as the perfect starting point for developing a one-page plan. Starting with one page ensures that your points are brief, clear, and to the point. It also helps you identify what sections you need to elaborate on, whether it’s your milestones, operations strategy, or financial forecasts .
![write one page business plan write one page business plan](https://no-cache.hubspot.com/cta/default/467363/interactive-177556485181.png?format=auto)
Who is a one-page business plan intended for?
Single-page business plans aren’t meant for just one type of person or business. They can actually be viable in multiple scenarios. Here are just a few business types that can benefit from starting with a simplified business plan:
Building a business plan on one page is ideal for companies that are in the early stages of figuring out how their idea might work. Instead of spending days on a detailed business plan, working through a simple, one-page plan will provide a solid overview of the business in a format that’s easy to change and adjust.
As you learn more about your business and figure out how your idea is going to work, you’re going to be making lots of changes to your plan. So it’s much better, and easier to keep all your ideas on a single page.
Startups and pre-revenue businesses
Experimentation and testing are at the core of most startup organizations. It helps keep your organization agile, innovative and reduces risk. A traditional business plan doesn’t really allow for that methodology to thrive — it’s too hard to update and takes too long to write. But starting with a single page provides the flexibility to explore multiple options for your business.
The most important thing is to discover your ideal business strategy. A one-page plan helps you do that and can easily transition into a more refined growth plan.
Established businesses
Even if you’re not a startup, a single-page business plan can be an extremely helpful tool for documenting your business strategy. You can guarantee that your business plan will be read by your team and get everyone on the same page quickly. Allowing you to spend more time on budgeting, forecasting, and tracking your key business numbers.
In many ways, you actually have a leg up on startups when developing a simple one-page plan. You already know your business, you have actual financial data to input, and can kickstart the process of tweaking and refining your strategy while measuring progress toward your goals.
Business expansions
Expanding your business is incredibly similar to starting one. You’re either launching in new locations, seeking new customers, or even launching a new product or service. And you can use your business plan to effectively plan for the expansion.
Think of it as a checklist for success. You’ve already used it once to launch your original business. With the right tweaks and focus you can use it again. Or if necessary just start fresh, after all, it’s only a single page.
How do I write a simple business plan?
When sitting down to write your business plan, there are a few things you can do to simplify the process.
Outline the elements of a single-page business plan
First, outline the elements you need to include in your plan. The elements you need to cover include:
- Value proposition
- Market need
- Your solution
- Competition
- Target market
- Sales and marketing
- Budget and sales goals
- Team summary
- Key partners
- Funding needs
Knowing these pieces upfront ensures that you won’t miss any key components as you write your plan. It also helps enforce how much room you actually have to work with when writing out each section. If you’ve only covered four components and almost have a full page, you may need to simplify things.
For more detailed instructions on how to fill out these sections, be sure to check out our step-by-step guide .
Stick to bullet points and short sentences
To help avoid the need for cutting material out of your plan be sure to stick to bullet points and single sentences. This is meant to be a streamlined strategy guide for yourself, your team, and any third party that needs to understand your business. So, at this point, it doesn’t need to be overly detailed, and eventually, you can elaborate on specific sections if necessary.
A good rule of thumb is to treat each section as a single tweet. How would you describe your value proposition in just 280 characters? Can you explain what marketing channels will you be using in just three bullet points? Challenge yourself here, and try to streamline your messaging as much as possible. It’s always easier to expand on something rather than having to cut elements out.
Focus on the content
Don’t forget, the content of your business plan is far more important than the formatting. Too many companies spend time focusing on the presentation and graphical display of their plans when what they are saying and how they are saying it is really the most critical aspect of your executive summary. Don’t get me wrong, you don’t want to have an ugly presentation, but focus on the content more than anything else.
Remember that you can always come back
If you’re in the early stages of your business you may not have exact ideas of who your larger team will be, what milestones you’ll need to hit in three years, or even an accurate expense budget. That’s perfectly ok.
This one-page plan is meant to be an exercise for you to establish the core elements of your business. It doesn’t need to be perfect. You don’t need to have every single thing laid out. Just the general elements that can give you, and anyone else, a clear picture of what your business is and does.
The intention is for you to come back and revisit this plan . To expand on necessary components and turn it into a one-page document that helps you manage your business .
Start crafting your one-page business plan
Writing a business plan on one page is a great jumping-off point to work on a more detailed business plan. Once you have a summary of your idea figured out on one page, you’ll be ready to validate, expand and provide more details in a more thorough business plan—if you need to write one.
For some businesses, a simple plan written on only one page might be enough. Especially if you’re just using it internally and don’t need to share lots of details with outsiders. For other businesses, especially those trying to get loans and investments, they’ll need to provide more details in a larger business plan.
If you need help putting together a simple business plan that you can fit on one page download our one-page business plan template . Or, if you’re looking for a more modern business planning option, you may want to try out a tool like LivePlan . It will walk you through every planning step and help you develop a plan that grows with your business.
Editor’s note: This article was originally published in 2012. It was updated for 2021.
Like this post? Share with a friend!
Noah Parsons
Posted in business plan writing, join over 1 million entrepreneurs who found success with liveplan, like this content sign up to receive more.
Subscribe for tips and guidance to help you grow a better, smarter business.
You're all set!
Exciting business insights and growth strategies will be coming your way each month.
We care about your privacy. See our privacy policy .
One Page Business Plan for Word, PDF
![write one page business plan Free One Page Business Plan Template](https://53.fs1.hubspotusercontent-na1.net/hubfs/53/assets/directories/business-templates/screenshots/EN/one-page-business-plan-screenshot-pdf-1.png)
Download Free Template
Available for Word & PDF
Your download is available!
Click to download your document template in the format you need.
Your download is ready!
Download One Page Business Plan for Word & PDF or email it to yourself later.
Download One Page Business Plan for Word & PDF.
- Send to email
Plus, you've unlocked access to our full collection of 130 hand-built business templates!
Template Highlights
- Eight (short) sections: Business Opportunity, Industry Analysis, Target Market, Company Description, Timeline, Marketing Plan, Financial Plan, and Funding Requirements.
- Easy instructions for each part.
- Zhuzh it up a bit with your company logo and branding.
- Download it as a PDF or Word file.
- Print it, email it, send it via Morse code.
Why all businesses should create a business plan
For startups and enterprises alike, there are many reasons to create a one-page business plan. For example, it can help you:
- Show your progress and how you intend to grow : Your business plan lists vital information on your company, such as your goals, market research results, and success milestones.
- Determine a realistic budget to ensure success : If you don’t create a proper plan, you might underestimate fixed and variable costs and, therefore, lack the financial capacity to succeed.
- Provide concrete information to potential investors : By having a detailed business plan in place, you’ll be able to effectively convey your business goals to internal stakeholders, and you’ll stand a better chance of winning over investors.
- Fulfill the requirements for securing a business loan : Many financial institutions won’t even consider giving you a loan without seeing your plan.
Should you create a business plan from scratch?
You can do this, but it’s often more hassle than it’s worth. If you’ve never made a business plan before, you’ll need to do a lot of research on what to include and ensure you create a professional and eye-catching document. If you download our free one-page business plan template, you’ll save time and ensure you cover every relevant detail.
How to use the one-page business plan template
Here are the steps for filling out our template:
- Enter your contact details to download the template in Microsoft Word or as a PDF.
- Gather your relevant business documents, such as market research results and financial statements, in case you need to include details from them.
- Add information to all the fields, including Company Description, Target Market, Industry Analysis, Implementation Timeline, Funding Required, and Financial Summary.
- Get feedback from business partners, employees, or other parties to ensure that all information is correct and up to date.
- Proofread to ensure there are no errors. These look unprofessional, leaving a bad impression of your business.
- Save your business plan in various locations and formats. This helps you share your plan with stakeholders via email or present it at company meetings.
Template Preview
One page business plan.
One-Page Business Plan Template
This brief business plan template encourages you to stick to your core message and provide investors with just the information they need to know about your new venture.
The Business Opportunity
What is the problem your business will solve? Focus on the customer’s needs.
Give your elevator pitch. Be succinct, clear, and persuasive.
Be sure to include your value proposition -- What do you offer that no one else does?
Industry Analysis
List key factors for success in your industry.
Who is your main competition?
Company Description
Identify important facts about your business:
• Founding date
• Mission statement
• Type of organization
• Core strengths
• Main leadership
Target Market
Describe your customer segments.
Will you serve a particular geographical area?
Implementation Timeline
Provide a brief summary of how you will roll out the business. Consider depicting the different phases in a diagram. You can use the timeline below as a template.
Marketing Plan
Describe what methods you will use to acquire new customers.
Why would your target market prefer your product or service to another option?
Financial Summary
Cost Structure: What are your fixed and variable costs?
Revenue Streams: How will your business make money?
Funding Required
Present the amount of funding that you are seeking from investors and how it will be used.
HubSpot Tip: Be sure to edit and review your plan for typos before distributing it. Errors in a short document can be distracting to the reader and make you look unprofessional.
Frequently Asked Questions
When should i create a business plan, what types of companies need a business plan, how do i write a one page business plan, what should my business plan focus on, is this template free, can i edit this template, related tags:.
- Business Plans
Related Business Templates
Root cause analysis.
Use this free root cause analysis template to identify the source of business issues and create a pl...
Business Case
Make a case for an upcoming project or investment with the help of this free business case template.
Action Plan
Use our free action plan template to help get your business or project goals off the ground.
Fishbone Diagram
Identify a problem's root causes efficiently with a fishbone diagram. This visualization template ca...
Process Map
Streamline your workflow, enhance efficiency, and foster continuous improvement in your organization...
Download the free 5 whys template to identify the root cause of business challenges and develop prac...
Succession Plan
Enhance your organization’s leadership continuity, improve workforce readiness, and ensure smooth tr...
Business One-Pager Template
Use this professional one-pager template to help capture the attention of stakeholders and potential...
Decision Tree
Use this free decision tree template to understand the potential outcomes of your business decisions...
Profit and Loss Statement
Use this free profit and loss statement template to analyze performance over time and improve your c...
Get this template for free!
![write one page business plan Growthink logo white](https://www.growthink.com/wp-content/uploads/Logo-White-3.png)
How to Write a One-Page Business Plan
Written by Dave Lavinsky
![write one page business plan Growthink One Page Business Plan Template](https://www.growthink.com/wp-content/uploads/One-Page-Business-Plan-Template-ook1g6btd6pqjuswmx1qfnowvkbvx8878fhzxxd22c.png)
The one-page business plan is one of the most popular tools for entrepreneurs, startups, and established companies. It’s also one of the simplest to develop. This article will walk you through a description of a one-page business plan, the purpose of this type of plan, and how to create a one-page business plan for your company.
What is a One-Page Business Plan?
A one-page business plan is a compressed version of a traditional business plan that fits neatly into a single page. Creating a one-page business plan requires significant research, strategizing and financial modeling on the front end to be effective. In that respect, rather than being easier or simpler to create than a full-length business plan, the single-page business plan actually requires an additional distillation effort for the entrepreneur.
Download our Ultimate Business Plan Template here >
As always, utilizing a business plan template provides the basis for you to clearly communicate your value proposition, business concept, business strategy, services, product offerings, etc., and improve your business planning process.
Benefits of Using a One-Page Plan
A one-page plan is easier to read, share and understand.
By boiling down your business plan into one page with only the most important elements, you are better able to 1) focus on the key action items your business must accomplish and 2) present your vision and plan to your team in a way that won’t overwhelm them and will allow them to most easily understand it.
The reward is that the brevity of a 1 page business plan is very attractive to prospective investors, who are usually pressed for time. Because it is so brief, it is also an effective tool to share among your management team and employees to get your team motivated and working towards the same goals. A strong one-page business plan proves you grasp the crux of your business and appreciate what is most critical for audiences to quickly understand about it.
Below, we walk through the content of a one-page business planning template.
The One-Page Business Plan Template
Whether you are starting a service business or a product-focused business, your one-page business plan should include the following 7 items:
- Business Model
- Market Analysis
- Competitor Analysis
- Financial Projections
- Funding Required & Uses of Funds
Each of these items are detailed below.
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!
How to Create a One-Page Business Plan
Each of the key elements included in a traditional business plan retains its position in the 1 page business plan. You need only provide a few words, phrases, or sentences in the description for each of the sections and move on to the next. The following are the essential elements:
![write one page business plan identify customer problem](https://www.growthink.com/wp-content/uploads/problem-150x150.png)
For example, Netflix in its budding days identified a problem with video stores. It was time consuming and inconvenient to go to the video store every time you felt like watching a new movie.
2. Solution
![write one page business plan the key to attract customers](https://www.growthink.com/wp-content/uploads/solution-150x150.png)
Again, looking at Netflix, the company initially solved the problem of time consumption and inconvenience by delivering movies directly to customers’ homes.
3. Business Model
![write one page business plan how will your new business make money](https://www.growthink.com/wp-content/uploads/business-model-1-150x150.png)
Consider the example of YouTube. YouTube’s business model hinges on users who by and large engage on the platform for free. YouTube leverages this ever-increasing user base to attract advertisers, which provides revenues.
4. Market Analysis
![write one page business plan target market research](https://www.growthink.com/wp-content/uploads/market-research-150x150.png)
For example, Swedish furniture brand Ikea’s US target market could be described as urban young professionals who like the Scandinavian style and are willing to put in a little setup work themselves to save money on quality furnishings. These individuals spend, on average, $8,000 on furnishing when they move into a new home or apartment.
5. Competitive Analysis
![write one page business plan provide your customers with better service](https://www.growthink.com/wp-content/uploads/competitive-analysis-150x150.png)
Take the example of coffee giant Starbucks. Their competitor analysis would yield large brands like Dunkin’ Donuts, Panera Bread and McDonald’s McCafé, as well as boutique coffee shops on a neighborhood by neighborhood basis. Starbucks differentiates itself through providing specialty coffee products of consistent quality under a national brand.
6. Financial Plan & Projections
![write one page business plan sales goals to make more money](https://www.growthink.com/wp-content/uploads/financial-projections-3-150x150.png)
See below for example graphs that show a growth in topline revenues year over year as well as the projected revenue distribution by service area for a hair salon:
![write one page business plan Financial Projections for One-Page Plan](https://www.growthink.com/wp-content/uploads/Financial-Projections.png)
7. Funding Required & Uses of Funds
![write one page business plan detailed information regarding the use of funds](https://www.growthink.com/wp-content/uploads/funding-required-150x150.png)
See below for an example table of fund uses for a startup hair salon:
![write one page business plan Use of Business Plan Funding](https://www.growthink.com/wp-content/uploads/Use-of-Funds.png)
Free Downloadable One-Page Business Plan Example PDF
Download our one page business plan template pdf here.
![write one page business plan one page business plan pdf](https://www.growthink.com/wp-content/uploads/Growthink-One-Page-Business-Plan-Template.png)
Download Growthink’s One-Page-Business-Plan-Template for Microsoft Word
Final Thoughts
Remember to focus on your business’ strengths as much as you can. If your market analysis reveals you have a strong position then highlight it more in the single-page plan. Likewise, if your financial projections come out stronger then elongate the financial section.
Editing the enormity of a business plan into a single page is a daunting task but doing so will bring clarity to the core idea and value of your business and help you pitch well in front of potential investors.
One-Page Business Plan FAQs
What are the benefits of one-page business plans.
Traditional business plans are sometimes 25-50 pages long. It's hard to read that many pages for one company, let alone dozens of them.
One-page business plans are more digestible.
They provide key points on what you do, why you do it, and how you plan for growth.
What is the difference between a one-page business plan and a lean business plan?
A one-page business plan is a reduced version of a traditional business plan that can be easily wrapped onto a single sheet of paper.
The key elements included in a one-page business plan are:
On the other hand, a lean business plan is a short-term planning method that allows you to more quickly and accurately develop your business plan based on actual customer feedback and interactions. A lean business plan is focused more on helping you build a better business and testing a variety of strategies to assess if they are effective for your chosen business model.
Also in a single-page format, the key elements included in this type of plan are:
- Business Overview
- Value Proposition
- Key Partnerships
- Key Activities
- Key Resources
- Customer Relationships
- Customer Segments & Channels
- Cost Structure
- Revenue Streams
A typical rule of thumb for these types of plans is that every sentence should be meaningful and useful for orientation purposes in order to appease investors in an efficient way while retaining their interest long enough to make an informed decision about investing in your business.
Looking for more information? Lean Business Plan: How-To Guide & Template
OR, Let Us Develop Your Plan For You
Since 1999, Growthink has developed business plans for thousands of companies that have gone on to achieve tremendous success.
Click here to see how Growthink’s professional business plan consulting services can create your business plan for you.
Other Helpful Business Plan Articles & Templates
![write one page business plan Business Plan Template & Guide for Small Businesses](https://www.growthink.com/wp-content/uploads/business-plan-template-growthink.png)
- Why crowdspring Trust and Security Guarantee Case Studies
- How it Works
- Notifications
- What's New
- Why crowdspring
- How to write a business plan (2022) >
- One page business plan [2024]
One Page Business Plan [2024]
- How to Write a Business Plan (2023)
What is a one page business plan?
A one page business plan is a simple business planning tool that outlines operational business goals, strategies to achieve those goals, and financial projections.
![write one page business plan write one page business plan](https://www.crowdspring.com/blog/wp-content/uploads/2020/03/cs-200px.png)
Frequently Asked Questions on How to Write a Business Plan
How do i write a business plan.
To write a great business plan, you need to finalize your business idea, research your target market, determine whether you need a traditional business plan or a lean business plan, document your business, build a strategic marketing and sales plan, identity your target audience, and fill in the other relevant details. This definitive step-by-step guide on how to write a business plan will help you to get started with great insights, free templates for each stage of your business plan, and an actionable step-by-step process.
What are the three main purposes of a business plan?
A business plan identifies, describes, and analyzes a business opportunity by examining the technical, economic, and financial feasibility for a business. The business plan can help you anticipate important issues and possible challenges before you start your business . Studies show that entrepreneurs who take the time to write a business plan are 2.5 times more likely to follow through and get their business off the ground.
What is a simple business plan
A simple business plan is a short, written document that describes in detail how a business will achieve its goals. Typically, a simple business plan is no more than two to three pages in length.
How can I start my own business with no money?
Here’s a video with 5 tips on how you can bootstrap your new business , even if you don’t have money to start it right away.
How can I start my own small business?
The difference between a business owner succeeding or failing is the foundation you build when you first start your business. That’s because you should prepare thoroughly before starting a business. And you should know how to adapt to changing situations – as often happens when you run your own business. Here's a complete guide on how to start your business and grow it into a sustainable and profitable business.
Can I start a business with 500 dollars?
Most small businesses can be started and operated without a big team. Other than salaries, the biggest expense for many new businesses is the marketing budget. But there are ways you can stretch that budget. For example, here are 21 ways to market your small business on a shoestring budget .
What are the most successful small businesses?
According to the most recent analysis by Sageworks, accounting, tax preparation, bookkeeping, and financial planning where the most profitable types of small businesses, returning an average profit margin of 18.4%. Real estate leasing, legal services, outpatient clinics, property managers, and appraisers, dental practices, offices of real estate agents and brokers, other health care practitioners, management, scientific and technical consulting services, and warehousing and storage rounded out the top 10 industries.
What is the best business for beginners?
There is not a single path to entrepreneurship. Some start a company in high school, or even earlier. Others start something in college and sometimes drop out of college to pursue their dream. And others start in their 40s or 50s. Each person has a unique path. Here are some great ideas for beginners: home cleaning, blogging, photography, freelancing, child-care services, and running errands. Each entrepreneur, whether a beginner or an experienced business owner, starts with an idea and then executes that idea.
But, coming up with a viable, profitable business idea can be tough. Here’s a guide to brainstorming and evaluating business ideas .
What are the easiest businesses to start?
There are many businesses that are relatively easy to start. These include event planning, gardening and lanscape services, painting, yoga or other exercise instruction, local tour guides, tutoring, and many others.
What is a good business to start in 2022?
With the global pandemic that started in 2020, people have been forced to get creative when starting businesses. Many look to start businesses that can be operated online. These include online courses and coaching, graphic design, web development, instagram influencer, affiliate marketing, and many others.
What business can I do from home?
There are many businesses you can run from your own home. These include affiliate businesses, selling on Ebay or Etsy, baking, freelance writing, freelancer design, freelance coding, helping businesses as a social media influencer, and many more.
How to Write a Business Plan for a Small Business
![write one page business plan Determined female African-American entrepreneur scaling a mountain while wearing a large backpack. Represents the journey to starting and growing a business and needi](https://pas-bp-wp-cdn.s3.amazonaws.com/bplans/content/uploads/2023/11/07155325/how-to-write-a-business-plan-1.png)
Noah Parsons
24 min. read
Updated September 2, 2024
![write one page business plan Download Now: Free Business Plan Template →](https://no-cache.hubspot.com/cta/default/467363/interactive-174330637568.png)
Writing a business plan doesn’t have to be complicated.
In this step-by-step guide, you’ll learn how to write a business plan that’s detailed enough to impress bankers and potential investors, while giving you the tools to start, run, and grow a successful business.
- The basics of writing a business plan
If you’re reading this guide, then you already know why you need a business plan .
You understand that writing a business plan helps you:
- Raise money
- Grow strategically
- Keep your business on the right track
As you start to write your business plan, it’s useful to zoom out and remember what a business plan is .
At its core, a business plan is an overview of the products and services you sell, and the customers that you sell to. It explains your business strategy: how you’re going to build and grow your business, what your marketing strategy is, and who your competitors are.
Most business plans also include financial forecasts for the future. These set sales goals, budget for expenses, and predict profits and cash flow.
A good business plan is much more than just a document that you write once and forget about. It’s also a guide that helps you outline and achieve your goals.
After writing your business plan, you can use it as a management tool to track your progress toward your goals. Updating and adjusting your forecasts and budgets as you go is one of the most important steps you can take to run a healthier, smarter business.
We’ll dive into how to use your plan later in this article.
There are many different types of plans , but we’ll go over the most common type here, which includes everything you need for an investor-ready plan. However, if you’re just starting out and are looking for something simpler—I recommend starting with a one-page business plan . It’s faster and easier to create.
It’s also the perfect place to start if you’re just figuring out your idea, or need a simple strategic plan to use inside your business.
Dig deeper : How to write a one-page business plan
Brought to you by
![write one page business plan LivePlan Logo](https://web-cdn.paloalto.com/common/adbutler/EvergreenAboveAuthor/lp-logo.png?format=auto)
Create a professional business plan
Using ai and step-by-step instructions.
Secure funding
Validate ideas
Build a strategy
- What to include in your business plan
Executive summary
The executive summary is an overview of your business and your plans. It comes first in your plan and is ideally just one to two pages. Most people write it last because it’s a summary of the complete business plan.
Ideally, the executive summary can act as a stand-alone document that covers the highlights of your detailed plan.
In fact, it’s common for investors to ask only for the executive summary when evaluating your business. If they like what they see in the executive summary, they’ll often follow up with a request for a complete plan, a pitch presentation , or more in-depth financial forecasts .
Your executive summary should include:
- A summary of the problem you are solving
- A description of your product or service
- An overview of your target market
- A brief description of your team
- A summary of your financials
- Your funding requirements (if you are raising money)
Dig Deeper: How to write an effective executive summary
Products and services description
When writing a business plan, the produces and services section is where you describe exactly what you’re selling, and how it solves a problem for your target market. The best way to organize this part of your plan is to start by describing the problem that exists for your customers. After that, you can describe how you plan to solve that problem with your product or service.
This is usually called a problem and solution statement .
To truly showcase the value of your products and services, you need to craft a compelling narrative around your offerings. How will your product or service transform your customers’ lives or jobs? A strong narrative will draw in your readers.
This is also the part of the business plan to discuss any competitive advantages you may have, like specific intellectual property or patents that protect your product. If you have any initial sales, contracts, or other evidence that your product or service is likely to sell, include that information as well. It will show that your idea has traction , which can help convince readers that your plan has a high chance of success.
Market analysis
Your target market is a description of the type of people that you plan to sell to. You might even have multiple target markets, depending on your business.
A market analysis is the part of your plan where you bring together all of the information you know about your target market. Basically, it’s a thorough description of who your customers are and why they need what you’re selling. You’ll also include information about the growth of your market and your industry .
Try to be as specific as possible when you describe your market.
Include information such as age, income level, and location—these are what’s called “demographics.” If you can, also describe your market’s interests and habits as they relate to your business—these are “psychographics.”
Related: Target market examples
Essentially, you want to include any knowledge you have about your customers that is relevant to how your product or service is right for them. With a solid target market, it will be easier to create a sales and marketing plan that will reach your customers. That’s because you know who they are, what they like to do, and the best ways to reach them.
Next, provide any additional information you have about your market.
What is the size of your market ? Is the market growing or shrinking? Ideally, you’ll want to demonstrate that your market is growing over time, and also explain how your business is positioned to take advantage of any expected changes in your industry.
Dig Deeper: Learn how to write a market analysis
Competitive analysis
Part of defining your business opportunity is determining what your competitive advantage is. To do this effectively, you need to know as much about your competitors as your target customers.
Every business has some form of competition. If you don’t think you have competitors, then explore what alternatives there are in the market for your product or service.
For example: In the early years of cars, their main competition was horses. For social media, the early competition was reading books, watching TV, and talking on the phone.
A good competitive analysis fully lays out the competitive landscape and then explains how your business is different. Maybe your products are better made, or cheaper, or your customer service is superior. Maybe your competitive advantage is your location – a wide variety of factors can ultimately give you an advantage.
Dig Deeper: How to write a competitive analysis for your business plan
Marketing and sales plan
The marketing and sales plan covers how you will position your product or service in the market, the marketing channels and messaging you will use, and your sales tactics.
The best place to start with a marketing plan is with a positioning statement .
This explains how your business fits into the overall market, and how you will explain the advantages of your product or service to customers. You’ll use the information from your competitive analysis to help you with your positioning.
For example: You might position your company as the premium, most expensive but the highest quality option in the market. Or your positioning might focus on being locally owned and that shoppers support the local economy by buying your products.
Once you understand your positioning, you’ll bring this together with the information about your target market to create your marketing strategy .
This is how you plan to communicate your message to potential customers. Depending on who your customers are and how they purchase products like yours, you might use many different strategies, from social media advertising to creating a podcast. Your marketing plan is all about how your customers discover who you are and why they should consider your products and services.
While your marketing plan is about reaching your customers—your sales plan will describe the actual sales process once a customer has decided that they’re interested in what you have to offer.
If your business requires salespeople and a long sales process, describe that in this section. If your customers can “self-serve” and just make purchases quickly on your website, describe that process.
A good sales plan picks up where your marketing plan leaves off. The marketing plan brings customers in the door and the sales plan is how you close the deal.
Together, these specific plans paint a picture of how you will connect with your target audience, and how you will turn them into paying customers.
Dig deeper: What to include in your sales and marketing plan
Business operations
When writing a business plan, the operations section describes the necessary requirements for your business to run smoothly. It’s where you talk about how your business works and what day-to-day operations look like.
Depending on how your business is structured, your operations plan may include elements of the business like:
- Supply chain management
- Manufacturing processes
- Equipment and technology
- Distribution
Some businesses distribute their products and reach their customers through large retailers like Amazon.com, Walmart, Target, and grocery store chains.
These businesses should review how this part of their business works. The plan should discuss the logistics and costs of getting products onto store shelves and any potential hurdles the business may have to overcome.
If your business is much simpler than this, that’s OK. This section of your business plan can be either extremely short or more detailed, depending on the type of business you are building.
For businesses selling services, such as physical therapy or online software, you can use this section to describe the technology you’ll leverage, what goes into your service, and who you will partner with to deliver your services.
Dig Deeper: Learn how to write the operations chapter of your plan
Key milestones and metrics
Although it’s not required to complete your business plan, mapping out key business milestones and the metrics can be incredibly useful for measuring your success.
Good milestones clearly lay out the parameters of the task and set expectations for their execution. You’ll want to include:
- A description of each task
- The proposed due date
- Who is responsible for each task
If you have a budget, you can include projected costs to hit each milestone. You don’t need extensive project planning in this section—just list key milestones you want to hit and when you plan to hit them. This is your overall business roadmap.
Possible milestones might be:
- Website launch date
- Store or office opening date
- First significant sales
- Break even date
- Business licenses and approvals
You should also discuss the key numbers you will track to determine your success. Some common metrics worth tracking include:
- Conversion rates
- Customer acquisition costs
- Profit per customer
- Repeat purchases
It’s perfectly fine to start with just a few metrics and grow the number you are tracking over time. You also may find that some metrics simply aren’t relevant to your business and can narrow down what you’re tracking.
Dig Deeper: How to use milestones in your business plan
Organization and management team
Investors don’t just look for great ideas—they want to find great teams. Use this chapter to describe your current team and who you need to hire . You should also provide a quick overview of your location and history if you’re already up and running.
Briefly highlight the relevant experiences of each key team member in the company. It’s important to make the case for why yours is the right team to turn an idea into a reality.
Do they have the right industry experience and background? Have members of the team had entrepreneurial successes before?
If you still need to hire key team members, that’s OK. Just note those gaps in this section.
Your company overview should also include a summary of your company’s current business structure . The most common business structures include:
- Sole proprietor
- Partnership
Be sure to provide an overview of how the business is owned as well. Does each business partner own an equal portion of the business? How is ownership divided?
Potential lenders and investors will want to know the structure of the business before they will consider a loan or investment.
Dig Deeper: How to write about your company structure and team
Financial plan
The last section of your business plan is your financial plan and forecasts.
Entrepreneurs often find this section the most daunting. But, business financials for most startups are less complicated than you think, and a business degree is certainly not required to build a solid financial forecast.
A typical financial forecast in a business plan includes the following:
- Sales forecast : An estimate of the sales expected over a given period. You’ll break down your forecast into the key revenue streams that you expect to have.
- Expense budget : Your planned spending such as personnel costs , marketing expenses, and taxes.
- Profit & Loss : Brings together your sales and expenses and helps you calculate planned profits.
- Cash Flow : Shows how cash moves into and out of your business. It can predict how much cash you’ll have on hand at any given point in the future.
- Balance Sheet : A list of the assets, liabilities, and equity in your company. In short, it provides an overview of the financial health of your business.
A strong business plan will include a description of assumptions about the future, and potential risks that could impact the financial plan. Including those will be especially important if you’re writing a business plan to pursue a loan or other investment.
Dig Deeper: How to create financial forecasts and budgets
This is the place for additional data, charts, or other information that supports your plan.
Including an appendix can significantly enhance the credibility of your plan by showing readers that you’ve thoroughly considered the details of your business idea, and are backing your ideas up with solid data.
Just remember that the information in the appendix is meant to be supplementary. Your business plan should stand on its own, even if the reader skips this section.
Dig Deeper : What to include in your business plan appendix
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
Optional: Business plan cover page
Adding a business plan cover page can make your plan, and by extension your business, seem more professional in the eyes of potential investors, lenders, and partners. It serves as the introduction to your document and provides necessary contact information for stakeholders to reference.
Your cover page should be simple and include:
- Company logo
- Business name
- Value proposition (optional)
- Business plan title
- Completion and/or update date
- Address and contact information
- Confidentiality statement
Just remember, the cover page is optional. If you decide to include it, keep it very simple and only spend a short amount of time putting it together.
Dig Deeper: How to create a business plan cover page
How to use AI to help write your business plan
Generative AI tools such as ChatGPT can speed up the business plan writing process and help you think through concepts like market segmentation and competition. These tools are especially useful for taking ideas that you provide and converting them into polished text for your business plan.
The best way to use AI to write a business plan is to leverage it as a collaborator , not a replacement for human creative thinking and ingenuity.
AI can come up with lots of ideas and act as a brainstorming partner. It’s up to you to filter through those ideas and figure out which ones are realistic enough to resonate with your customers.
There are pros and cons of using AI to help with your business plan . So, spend some time understanding how it can be most helpful before just outsourcing the job to AI.
Learn more: 10 AI prompts you need to write a business plan
- Writing tips and strategies
To help streamline the business plan writing process, here are a few tips and key questions to answer to make sure you get the most out of your plan and avoid common mistakes .
Determine why you are writing a business plan
Knowing why you are writing a business plan will determine your approach to your planning project.
For example: If you are writing a business plan for yourself, or just to use inside your own business , you can probably skip the section about your team and organizational structure.
If you’re raising money, you’ll want to spend more time explaining why you’re looking to raise the funds and exactly how you will use them.
Regardless of how you intend to use your business plan , think about why you are writing and what you’re trying to get out of the process before you begin.
Keep things concise
Probably the most important tip is to keep your business plan short and simple. There are no prizes for long business plans . The longer your plan is, the less likely people are to read it.
So focus on trimming things down to the essentials your readers need to know. Skip the extended, wordy descriptions and instead focus on creating a plan that is easy to read —using bullets and short sentences whenever possible.
Have someone review your business plan
Writing a business plan in a vacuum is never a good idea. Sometimes it’s helpful to zoom out and check if your plan makes sense to someone else. You also want to make sure that it’s easy to read and understand.
Don’t wait until your plan is “done” to get a second look. Start sharing your plan early, and find out from readers what questions your plan leaves unanswered. This early review cycle will help you spot shortcomings in your plan and address them quickly, rather than finding out about them right before you present your plan to a lender or investor.
If you need a more detailed review, you may want to explore hiring a professional plan writer to thoroughly examine it.
Use a free business plan template and business plan examples to get started
Knowing what information to include in a business plan is sometimes not quite enough. If you’re struggling to get started or need additional guidance, it may be worth using a business plan template.
There are plenty of great options available (we’ve rounded up our 8 favorites to streamline your search).
But, if you’re looking for a free downloadable business plan template , you can get one right now; download the template used by more than 1 million businesses.
Or, if you just want to see what a completed business plan looks like, check out our library of over 550 free business plan examples .
We even have a growing list of industry business planning guides with tips for what to focus on depending on your business type.
Common pitfalls and how to avoid them
It’s easy to make mistakes when you’re writing your business plan. Some entrepreneurs get sucked into the writing and research process, and don’t focus enough on actually getting their business started.
Here are a few common mistakes and how to avoid them:
Not talking to your customers : This is one of the most common mistakes. It’s easy to assume that your product or service is something that people want. Before you invest too much in your business and too much in the planning process, make sure you talk to your prospective customers and have a good understanding of their needs.
- Overly optimistic sales and profit forecasts: By nature, entrepreneurs are optimistic about the future. But it’s good to temper that optimism a little when you’re planning, and make sure your forecasts are grounded in reality.
- Spending too much time planning: Yes, planning is crucial. But you also need to get out and talk to customers, build prototypes of your product and figure out if there’s a market for your idea. Make sure to balance planning with building.
- Not revising the plan: Planning is useful, but nothing ever goes exactly as planned. As you learn more about what’s working and what’s not—revise your plan, your budgets, and your revenue forecast. Doing so will provide a more realistic picture of where your business is going, and what your financial needs will be moving forward.
- Not using the plan to manage your business: A good business plan is a management tool. Don’t just write it and put it on the shelf to collect dust – use it to track your progress and help you reach your goals.
- Presenting your business plan
The planning process forces you to think through every aspect of your business and answer questions that you may not have thought of. That’s the real benefit of writing a business plan – the knowledge you gain about your business that you may not have been able to discover otherwise.
With all of this knowledge, you’re well prepared to convert your business plan into a pitch presentation to present your ideas.
A pitch presentation is a summary of your plan, just hitting the highlights and key points. It’s the best way to present your business plan to investors and team members.
Dig Deeper: Learn what key slides should be included in your pitch deck
Use your business plan to manage your business
One of the biggest benefits of planning is that it gives you a tool to manage your business better. With a revenue forecast, expense budget, and projected cash flow, you know your targets and where you are headed.
And yet, nothing ever goes exactly as planned – it’s the nature of business.
That’s where using your plan as a management tool comes in. The key to leveraging it for your business is to review it periodically and compare your forecasts and projections to your actual results.
Start by setting up a regular time to review the plan – a monthly review is a good starting point. During this review, answer questions like:
- Did you meet your sales goals?
- Is spending following your budget?
- Has anything gone differently than what you expected?
Now that you see whether you’re meeting your goals or are off track, you can make adjustments and set new targets.
Maybe you’re exceeding your sales goals and should set new, more aggressive goals. In that case, maybe you should also explore more spending or hiring more employees.
Or maybe expenses are rising faster than you projected. If that’s the case, you would need to look at where you can cut costs.
A plan, and a method for comparing your plan to your actual results , is the tool you need to steer your business toward success.
Learn More: How to run a regular plan review
How to write a business plan FAQ
What is a business plan?
A document that describes your business , the products and services you sell, and the customers that you sell to. It explains your business strategy, how you’re going to build and grow your business, what your marketing strategy is, and who your competitors are.
What are the benefits of writing a business plan?
A business plan helps you understand where you want to go with your business and what it will take to get there. It reduces your overall risk, helps you uncover your business’s potential, attracts investors, and identifies areas for growth.
Writing a business plan ultimately makes you more confident as a business owner and more likely to succeed for a longer period of time.
What are the 7 steps of writing a business plan?
The seven steps to writing a business plan include:
- Write a brief executive summary
- Describe your products and services.
- Conduct market research and compile data into a cohesive market analysis.
- Describe your marketing and sales strategy.
- Outline your organizational structure and management team.
- Develop financial projections for sales, revenue, and cash flow.
- Add any additional documents to your appendix.
What are the 5 most common business plan mistakes?
There are plenty of mistakes that can be made when writing a business plan. However, these are the 5 most common that you should do your best to avoid:
- 1. Not taking the planning process seriously.
- Having unrealistic financial projections or incomplete financial information.
- Inconsistent information or simple mistakes.
- Failing to establish a sound business model.
- Not having a defined purpose for your business plan.
What questions should be answered in a business plan?
Writing a business plan is all about asking yourself questions about your business and being able to answer them through the planning process. You’ll likely be asking dozens and dozens of questions for each section of your plan.
However, these are the key questions you should ask and answer with your business plan:
- How will your business make money?
- Is there a need for your product or service?
- Who are your customers?
- How are you different from the competition?
- How will you reach your customers?
- How will you measure success?
How long should a business plan be?
The length of your business plan fully depends on what you intend to do with it. From the SBA and traditional lender point of view, a business plan needs to be whatever length necessary to fully explain your business. This means that you prove the viability of your business, show that you understand the market, and have a detailed strategy in place.
If you intend to use your business plan for internal management purposes, you don’t necessarily need a full 25-50 page business plan. Instead, you can start with a one-page plan to get all of the necessary information in place.
What are the different types of business plans?
While all business plans cover similar categories, the style and function fully depend on how you intend to use your plan. Here are a few common business plan types worth considering.
Traditional business plan: The tried-and-true traditional business plan is a formal document meant to be used when applying for funding or pitching to investors. This type of business plan follows the outline above and can be anywhere from 10-50 pages depending on the amount of detail included, the complexity of your business, and what you include in your appendix.
Business model canvas: The business model canvas is a one-page template designed to demystify the business planning process. It removes the need for a traditional, copy-heavy business plan, in favor of a single-page outline that can help you and outside parties better explore your business idea.
One-page business plan: This format is a simplified version of the traditional plan that focuses on the core aspects of your business. You’ll typically stick with bullet points and single sentences. It’s most useful for those exploring ideas, needing to validate their business model, or who need an internal plan to help them run and manage their business.
Lean Plan: The Lean Plan is less of a specific document type and more of a methodology. It takes the simplicity and styling of the one-page business plan and turns it into a process for you to continuously plan, test, review, refine, and take action based on performance. It’s faster, keeps your plan concise, and ensures that your plan is always up-to-date.
What’s the difference between a business plan and a strategic plan?
A business plan covers the “who” and “what” of your business. It explains what your business is doing right now and how it functions. The strategic plan explores long-term goals and explains “how” the business will get there. It encourages you to look more intently toward the future and how you will achieve your vision.
However, when approached correctly, your business plan can actually function as a strategic plan as well. If kept lean, you can define your business, outline strategic steps, and track ongoing operations all with a single plan.
![Content Author: Noah Parsons Content Author: Noah Parsons](https://secure.gravatar.com/avatar/ecb3096c893c6a0c607bf8a7a30f25cd?s=88&d=https%3A%2F%2Fweb-cdn.paloalto.com%2Fbplans%2Fauthors%2Fdefault-author.png&r=g)
Noah is the COO at Palo Alto Software, makers of the online business plan app LivePlan. He started his career at Yahoo! and then helped start the user review site Epinions.com. From there he started a software distribution business in the UK before coming to Palo Alto Software to run the marketing and product teams.
![write one page business plan Check out LivePlan](https://web-cdn.paloalto.com/common/adbutler/EvergreenLeftRail/default.png?format=auto)
Table of Contents
- Use AI to help write your plan
- Common planning mistakes
- Manage with your business plan
Related Articles
![Bakery business owners look over their bakery business plan Bakery business owners look over their bakery business plan](https://pas-bp-wp-cdn.s3.amazonaws.com/bplans/content/uploads/2020/08/19174430/How-to-Write-a-Bakery-Business-Plan.jpg?format=auto)
7 Min. Read
How to Write a Bakery Business Plan + Sample
![Owner of a life coaching business works on writing their business plan. Owner of a life coaching business works on writing their business plan.](https://pas-bp-wp-cdn.s3.amazonaws.com/bplans/content/uploads/2023/05/01161232/Life-Coaching-Business.jpg?format=auto)
5 Min. Read
How To Write a Business Plan for a Life Coaching Business + Free Example
![Overlapping files, folders, charts, graphs, and documents. Represents the information included in a business plan appendix. Overlapping files, folders, charts, graphs, and documents. Represents the information included in a business plan appendix.](https://pas-bp-wp-cdn.s3.amazonaws.com/bplans/content/uploads/2023/12/14150313/What-to-Include-in-Your-Business-Plan-Appendix.png?format=auto)
3 Min. Read
What to Include in Your Business Plan Appendix
![Female entrepreneur sitting at her desk doing manual calculations with a calculator trying to understand what her return on investment will be. Female entrepreneur sitting at her desk doing manual calculations with a calculator trying to understand what her return on investment will be.](https://pas-bp-wp-cdn.s3.amazonaws.com/bplans/content/uploads/2023/02/15143507/57.jpg?format=auto)
1 Min. Read
How to Calculate Return on Investment (ROI)
The LivePlan Newsletter
Become a smarter, more strategic entrepreneur.
Your first monthly newsetter will be delivered soon..
Unsubscribe anytime. Privacy policy .
![Garrett's Bike Shop Garrett's Bike Shop](https://web-cdn.paloalto.com/oim-units/investor-pitch/garrett-card.png?format=auto&width=267&height=185)
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.
![LivePlan pitch example LivePlan pitch example](https://web-cdn.paloalto.com/bplans/lp-footer/garrett.png?format=auto&width=265&height=151)
Discover the world’s #1 plan building software
![write one page business plan](https://web-cdn.paloalto.com/bplans/lp-footer/minimize-white.png?format=auto&width=20&height=12)
Create a Business Plan One-Pager (+ Proven Templates )
Learn what to include in a business plan one-pager & the best doc format. Learn how to write a one-page business plan, either from scratch or using a template.
Dominika Krukowska
14 minute read
Short answer
What to include in a business plan one-pager.
- Title slide
- Unique value proposition (UVP)
- Company overview
- The problem you are solving
- Market analysis
- The solution you offer
- Marketing and sales plan
- Main objectives and success metrics
- Key team members and their roles and accreditation
- Request for funds and use of funds
- Next steps (small concession)
Even the best business plan can be badly received if not presented well
If you make it too complex, dry, or fail to spark the investors’ interest, you’ll bury your chances of securing the funding necessary to get your business off the ground.
Your success lies in how you’re going to structure and deliver your business plan.
This post will provide you with essential tips and templates for creating a winning business plan one-pager .
You'll learn what to include, how to structure, and how to design a visually striking business plan that grabs attention and gets results.
Read on to build your confidence and empower yourself to present any business idea persuasively and stand out from your competition.
Let’s see how it’s done!
What is a business plan one-pager?
A business plan one-pager is a document that summarizes the key elements of a full business plan onto a single page.
It includes an outline of your company's mission, target market, products or services, revenue streams, competitive advantage, marketing and sales strategy, and financial projections.
Business plan one-pagers are often used as a pitch deck for investors, a proposal for business partnerships, or as an executive summary for internal use.
Why use a one-page rather than multi-page business plan?
Compared with traditional multi-page business plans, a one-pager has 3 significant advantages.
- It's concise and to-the-point. This makes it easier for investors and partners to grasp your vision quickly.
- A one-pager business plan has limited space. This forces you to present only the most important aspects of your business plan which makes your case more clear and compelling.
- It's more share-worthy. Because it's just one page, it's more likely to be read and shared.
Can I use a one-page business plan as a substitute for a more comprehensive business plan?
Probably not. Your business plan one-pager is not meant to replace a full business plan, but rather to supplement it.
While your one-pager provides a high-level overview of your business idea, it may not provide the level of detail some investors or partners require.
TIP: You can use a business plan one-pager as a way to test your business idea and get feedback before investing time and resources in creating a full-scale business plan.
How to write a one-page business plan
Let’s see how you can distill your business idea into a compelling format that makes you stand out and leave a lasting impression.
By the end, you'll be equipped with the skills and knowledge to make others believe in your vision with just one page.
What to include in a business plan one-pager
We've identified 11 key elements that should be included in every highly effective business plan one-pager.
11 critical slides included in a business plan one-pager:
1. Title slide
The title slide of your business plan one-pager is your first chance to make a great impression on potential investors, so make it count!
Adding a video in your cover slide can boost engagement by 32% , get people to read your one-pager 37% longer, and make them 17% more likely to take the desired action at the end.
TIP: You can add the average reading time in the cover slide (right below your company name and logo). This simple little fix can shrink your bounce rate by 24%.
2. Unique value proposition
The Unique Value Proposition (UVP) slide of your business plan one-pager is where you get to showcase what sets your business apart from the competition. You can do it in the form of a tagline that encapsulates your company's essence.
A vision statement that speaks to the heart of your business can capture the interest of investors and entice them to read on.
The mission statement should be snappy, catchy, and memorable.
Example UVPs:
"Transforming the future of sustainable energy"
"Innovating personalized healthcare solutions."
3. Company overview
The company overview slide should tell investors the story behind your business.
A company overview should answer 3 critical questions:
- how it came to be
- what it stands for
- and where it's headed
This slide should give investors a clear understanding of the type of business you're running, the problem you're trying to solve, and how your business aims to succeed in the marketplace.
By providing a succinct and compelling overview of your company, you can demonstrate that you have a solid understanding of your business, its strengths, and its potential for success.
A strong company overview slide can set the tone for the rest of your one-pager and make a great impression on investors.
4. The problem you are solving
This section should outline the pain points of your target market and explain why a solution is needed.
Presenting a compelling case for a real-world problem helps convince investors of the potential market demand for your solution.
TIP: Focus on the customer's perspective. Highlight the challenges they face and the impact those challenges have on their lives or businesses.
5. Market analysis
The market analysis slide is your opportunity to showcase your knowledge of the competitive landscape and your potential market.
It should describe your customer segments, the size of your target market, the current players in the market, and any gaps or opportunities that your business can leverage.
A strong market analysis slide demonstrates to investors that you've done your homework and that you have a deep understanding of the market you're entering.
6. The solution you offer
The solution slide should present the key features and benefits of your solution and demonstrate how it uniquely addresses the pain points of your target market.
A strong solution slide is the heart of your business plan one-pager.
It should showcase the innovation and value of your product or service. It should transport investors into a better world brought on by your business solution.
TIP: Carefully choose your words and visuals to describe your solution as transformational. The most successful business plans build excitement and anticipation and leave investors eager to learn more.
7. Marketing and sales plan
Your marketing and sales plan slide is your opportunity to showcase your strategy for reaching your target audience, generating interest in your product or service, and ultimately driving sales.
From pricing strategy and promotion to distribution channels, the marketing and sales plan slide should provide a comprehensive overview of how you plan to turn your vision into reality.
A well-crafted growth plan demonstrates your creativity and strategic thinking, you can inspire confidence in investors and show that you have what it takes to succeed in the competitive world of business.
8. Main objectives and success metrics
Your business plan one-pager's objectives and success metrics slide is where you define your key performance indicators (KPIs) and objectives. It’s important to add this slide early on, as it serves as a roadmap for your business's growth.
Presenting a well-defined set of objectives and metrics will show investors that you have a solid understanding of what it takes to succeed in your industry, as well as a strategic mindset and commitment to achieving your goals.
9. Key team members and their roles
The team slide is where you showcase the people behind the business, including relevant skills, experience, and accreditation. Investors want to see a team that has what it takes to bring the business to life and drive its success.
This slide should highlight each team member's unique contributions, including their roles and responsibilities, as well as any relevant accomplishments. I recommend that you include a brief bio and corporate headshot to add personal depth.
TIP: Remember, you are selling you and your team just as much as you’re selling your business idea. Business success relies on a great team. What takes business from good to great is first “Who” then “What” .
Show that your team brings a diversity of thought, a wealth of experience, and a passion for the business that can inspire investors and make them fall for your team even more than they fall for your business idea.
10. Request for funds and use of funds
When you're asking for funding, it's essential to be crystal clear about how much you need and why.
Whether you're planning to launch a new product, hire more staff, or boost your marketing efforts, make sure to provide specific details and supporting data to back up your request.
In the use of funds section, break down precisely how you plan to allocate the funds you receive.
This involves outlining how much you'll spend on product development, marketing, hiring, or other expenses.
Remember, investors want to see a clear return on investment (ROI). Whether you bringing in a dedicated development team or buying a comprehensive tool stack, by prioritizing your spending based on your business goals and demonstrating how the funds will help you achieve them, you'll show investors that their money is in good hands.
11. Next steps
Don’t end with a thank-you slide! Instead, end your business plan one-pager by providing a clear and actionable call-to-action.
This slide should leave no doubt in investors' minds about what you want them to do next and how they can get involved in your business.
By providing a compelling call-to-action, you can increase the likelihood of securing funding and gaining valuable support for your business.
Our research shows that decks with a clear, singular next step have a 27% higher conversion rate than those which end with a generic “thank you” slide.
Business plan one-pager possible next steps:
- Scheduling a meeting to discuss the plan in more detail
- Scheduling a live demo of the product
- Downloading additional materials (market research, positioning, marketing plan, user research, product technical documentation, etc.)
- Signing a letter of intent
- Making an investment (mostly good for small donations/investments)
Here’s an example of a business plan built with this structure:
Business plan one-pager
This one-page business plan presentation template covers your company, market, product and services, and growth plan as an interactive visual story that's easy to follow and highly engaging.
How to effectively fit a business plan on just one page
Let’s see the concrete steps you need to take to effectively condense your entire business strategy onto a single page without sacrificing critical information or losing sight of your goals.
1. Limit what you have to say
It's essential to prioritize the most vital information that investors need to know about your business. This means being strategic about what you include and what you leave out.
Rather than trying to cram every detail of your business into a single page, focus on the core information that defines your business.
Your core information is most often your unique selling proposition, target market, and financial projections.
2. Say what you have to say with fewer words (but avoid jargon and acronyms)
Since you're limited to just one page, it's important to be concise and to the point.
Avoid using complicated jargon or industry-specific acronyms that may be difficult for investors to understand. Instead, use clear and simple language that gets your message across quickly and effectively.
TIP: Write your message as if you're talking to a friend with no previous knowledge of what you do.
3. Give summaries and link to read full content
While it's important to be concise, you also want to ensure that you're providing enough information to give investors a good understanding of your business.
One way to do this is to provide brief summaries of key information and then provide a link to more detailed content.
4. Limit your use of visuals
Visuals can be a powerful tool for conveying information quickly and effectively, but they can also take up a lot of space on a one-page business plan.
Use visuals sparingly and only when they add value to your message. Consider using graphs, charts, and infographics to illustrate key points and data.
5. Move from PDF one-pager to web-based one-pager
Unlike PDFs, which require readers to constantly pinch in and out of content to make it legible, web-based one-pagers create an interactive experience with scrollable documents.
You can also use multimedia elements, such as videos and animations, to enhance your message and make the information more engaging.
With a web-based business plan one-pager , you can break up dense text into smaller, more comfortable chunks, creating a better reading experience for your audience.
Web-based one-pagers are designed to be mobile-friendly, so your audience can easily view your content on any device, from anywhere.
How to make your business plan one-pager stand out
First impressions are everything. An impressionable business plan one-pager can be the difference between securing investment and being left in the dust.
Here are some tips on how to make your business plan one-pager stand out:
1. Use motion
Including animation or video into your one-pager can be a powerful way to grab investors' attention and keep them engaged. Use motion to highlight key points or demonstrate how your product or service works.
To learn more about how it’s done, check out our article on how to use video animations to create engaging content .
2. Use original designs
Using original designs is a key element for standing out.
Avoid falling into the trap of using generic designs. Instead, take the time to create something that is truly unique and eye-catching.
This can be as simple as using your branding or as complex as creating your own infographics or custom illustrations such as Procreate color palettes .
3. Personalize
Personalization is the most effective way to make you stand out and leave a lasting impression.
Effective personalization:
- Including a personalized note
- Addressing the investor by name
- Referencing their previous investments (to show that you've done your research)
Tailor-made decks are read in full 68% more often , 41% longer, and are shared internally 2.3x more often.
4. Customize according to the investor’s preferred format
Customizing your one-pager to the specific investor's needs and preferences is the best way to get and hold their attention.
Look for guidelines on their website, ask previous candidates, or ask the investors directly.
Fit your plan to their format and highlight aspects of your business that align with their investment portfolio or industry expertise.
5. Tell a story with data visualization
Data can be overwhelming, but presenting it in a visual format can make it more accessible and compelling.
Use infographics, charts, and other data visualization elements to tell a story about your business's growth and potential.
Here’s our selection of the best data visualization tools to get you started.
How to make a persuasive business plan one-pager
If you want your business plan one-pager to persuade investors to get on board with your vision, you need to make sure it hits all the right notes.
We've got you covered with tips for making a highly-persuasive business plan one-pager.
1. Define a unique audience with an acute problem
You should define your ideal customer profile (ICP) and the problems they face, and how your solution can help them solve these problems.
2. Describe your uncopyable solution to said problem
When describing your solution in your one-page business plan, it's important to emphasize what makes it unique and difficult to replicate by others.
3. Show traction or potential traction
To make your business plan one-pager more persuasive, it's critical to show evidence of traction or the potential for it.
Consider sharing metrics such as customer acquisition rates, revenue growth.
4. Incorporate social proof
You will never get funded without earning investors’ trust. Social proof is the best tool for building trust (other than a face-to-face meeting).
You can include customer testimonials, case studies, or awards to showcase your business's credibility and success.
5. Display your authority and expertise
Include any notable achievements,awards, or acknowledgement your team or product have received.
6. Tie your business goals with universal values
Consider connecting your business goals with universal values that resonate with investors.
This could include making a positive impact on society or the environment, supporting underrepresented groups, or promoting innovation and growth.
Some investors will appreciate the positive impact beyond ROI, others will care only about profitability. Do your research.
How to optimize business plan one-pager UX
When it comes to creating a one-pager business plan, choosing the right document format can make all the difference. Here are some crucial factors to consider:
1. Move from static to interactive
Static formats like PDFs and Word documents can kill engagement and interest with your one-pager.
On the other hand, interactive formats like web pages or Storydocs offer a more immersive, engaging, and memorable experience.
With interactive formats, you can include videos, animations, and other multimedia elements to help showcase your business in a more engaging way.
Interactive
2. Move from pinch and zoom to scroll
Pinch-to-zoom gestures on PDFs are annoying for most people. They make navigating the one-pager frustrating and make reading needlessly hard
A scroll-based interactive one-pager gives investors a familiar and easy way to read through your business plan. Just like they're accustomed to do with any other online content (that’s also mobile-friendly).
3. Become mobile-friendly
Static document formats like PDFs and Word documents are difficult to read and navigate on mobile devices, while web-based formats offer seamless mobile experience.
4. Move from local file to online docs
Local files, such as PDFs or Word documents are being replaced with web pages or cloud-based documents.
Online docs offer your readers easy access from anywhere and from any device, a better reading experience, reduced exposure to virus and malware , and easy sharing.
Best business plan one-pager document types
You have various document formats to choose from when creating your business plan. Each format has its own set of benefits and limitations that can affect how it's received by investors and stakeholders.
Let’s run through the important differences.
Best document type for a business plan one-pager:
Document type | Available media | Reading format | Mobile-friendly | Viewing format |
---|---|---|---|---|
Word / Google Docs | Text, images, graphs | Scroll | ❌ | Online / Computer app |
Text, images, graphs | Pinch and zoom | ❌ | Online / Computer app | |
PPT | Text, images, graphs, animation | Slide show | ❌ | Online / Computer app |
Storydoc | Text, images, graphs, video, animation, live graphs, tabs, sliders | Scroll | ✔ | Online |
Business plan one-pager do’s and don’ts
✅ Keep it conversational and easy to understand.
✅ Use data to support your claims.
✅ Tell a story.
✅ Talk about your solution in the context of your audience's needs.
✅ Use interactive formats with multimedia.
✅ Focus on your unique selling proposition.
✅ Show that you have a plan for execution.
✅ End with your ask and a call-to-action.
✅ Clearly present your market positioning.
✅ Address major obstacles and provide plans to overcome them.
❌ Don't use buzzwords, jargon or go into technical detail.
❌ Don't make unrealistic claims.
❌ Don't spout out facts.
❌ Don't talk about your product (we, we, we).
❌ Don't use static formats.
❌ Don't focus on what makes your competitors bad.
❌ Don't make wild moonshot promises.
❌ Don't end with a “thank you” slide.
❌ Don't ignore your competition.
❌ Don't overlook potential risks and challenges.
Create your business plan from interactive template
If you want to create a business plan one-pager that will cut above the noise and get results, it will require a lot of hard work to get right.
What's worse, you run the risk of losing potential investors or stakeholders if you get it wrong.
A poorly designed or incomplete business plan could make it difficult for others to understand your vision or see the potential in your business.
To save time and frustration and remove the risk, consider using our interactive templates.
With Storydoc's business plan one-pager templates , you can focus on the content and messaging of your business plan, rather than spending hours formatting and structuring it.
Pick a business plan one-pager template:
Create story from scratch
Hi, I'm Dominika, Content Specialist at Storydoc. As a creative professional with experience in fashion, I'm here to show you how to amplify your brand message through the power of storytelling and eye-catching visuals.
Make your best business plan to date
Try Storydoc for free for 14 days (keep anything you make for ever!)
Get started
- Project management
- CRM and Sales
- Work management
- Product development life cycle
- Comparisons
- Construction management
- monday.com updates
Easy-to-use one-page business plan template
![write one page business plan write one page business plan](https://res.cloudinary.com/monday-blogs/w_42,h_42,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2020/12/monday.com-logo-1.png)
A one-age business plan is a useful tool for providing an overview of your goals and targets and how you and your team will achieve them. Before you get into the details, a one-page business plan can help you feel out your ideas, set priorities, and provide an outline for a more extensive standard business plan.
You can also keep your single-page plan on hand to keep you laser-focused on the scope and objectives of your business at all times.
In this article, we’ll show you how to use a one-page business plan to create a robust foundation for your business and share some ready-to-use business plan templates .
Get the template
What is a one-page business plan template?
A one-page business plan encompasses your entire business strategy condensed onto one-page. A one-page business plan template is a document that outlines a business’s strategies and goals.
A traditional business plan goes into great detail and could be dozens of pages long. With a one-pager, the idea is to condense all the important information into one high-level document.
However, if it’s a one-page business plan to hand out to prospective investors, you’ll likely focus more on something like financial projections .
In general, your one-page business plan can include:
- Vision statements and strategic objectives of your business
- Customer segments your business will serve
- Overview of the product or service you’ll provide
- Sales goals and marketing strategy
- High-level business overview of financial projections
Why use a one-page business plan template?
Understanding the benefits of writing a single-page business plan helps keep you focused when condensing lots of important information onto a one-page template.
Provide an overview of your business plan
A one-page plan provides you with an overview of everything you need to consider about your business venture. One-page plans provide a snapshot of multiple moving parts of your strategy and operations to keep you focused on what matters.
One-page business plan templates are a very useful starting point for developing a more detailed standard business plan . By creating a high-level document, you can begin to sketch out your ideas and assumptions and test them before spending lots of time developing a long business plan that you end up rewriting. Once you’re satisfied with your one-page plan, you have a step-by-step outline for a more in-depth version.
Manage operations and finances
As you grow your business, the operations and finances side of things often become more complex and difficult to manage. In times like these, when you need to make important decisions, a one-page business plan helps keep the core objectives of your venture in mind at all times. Nailing down your template means you don’t waste time deciding what the most important details are, so you can focus your time and energy into growing your business instead.
Synthesize business information
Another key benefit of having a one-page business plan on hand is the ability to provide anyone with a snapshot of your business whenever needed. This situation could apply to your management team, potential business partners, or potential investors who want a fast, easy-to-digest rundown of your business.
While you might have an elevator pitch ready, a one-page plan helps back up your claims, especially when it comes to items like financial projections or your cash flow statement . A one-page business plan template means it’s easy for you to quickly synthesize relevant information for the required audience. Simply drop the latest information into your template and get ready to present.
What are some examples of one-page business plans?
Before you write a one-page business plan, it’s helpful to get familiar with the various types of templates available and decide which one is best for your needs.
Startup one-page business plan template
Writing a business plan for a startup is a very different process than creating a plan for an established business. Startups are beginning from the very start of their journey with little historical data to go on. By nature, they need to be a lot more flexible with their ideas and decisions as they decide what works.
![Lean one page business plan for startups Example of a one page business plan template for startups](https://res.cloudinary.com/monday-blogs/w_557,h_743,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/Lean-one-page-business-plan-for-startups.png)
( Image Source )
So a one-page plan for startups is more about laying the groundwork for more in-depth strategic analysis and taking an agile approach to developing a business model.
Business model canvas
The business model canvas is a well-known template for business plans. A single page is divided into squares, with each square representing an important component of the business strategy.
![Business canvas model one page business plan Example of business canvas model template](https://res.cloudinary.com/monday-blogs/w_1999,h_1271,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/Business-canvas-model-one-page-business-plan.png)
With a business model canvas, you’ll be able to quickly outline items like your target markets, value proposition, and revenue streams. Writing and comparing these sections on one-page allows you to validate your business model against your market analysis and quickly iterate on different elements of your business strategy .
Business idea action plan template
While many business plan templates focus on strategy and high-level objectives, some businesses require more focus on operations and action right from the start. In those instances, a business idea action plan template can be more beneficial.
![One page business idea action plan Example of a one page business plan for actioning business ideas](https://res.cloudinary.com/monday-blogs/w_1999,h_1546,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/One-page-business-idea-action-plan.jpg)
This type of one-page business plan focuses on what you are going to do and how you are going to do it, rather than analysis and projections. It enables business owners to develop tactics for how they’ll design, develop, market, and sell their products or services.
Small business plan template
Small businesses are often operating with limited funding and narrow profit margins. These constraints make revenue targets and cost-effective operations critically important to success, especially for a service business.
![One page business plan template for small businesses Example of business plan template for small business](https://res.cloudinary.com/monday-blogs/w_1546,h_1999,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/One-page-business-plan-template-for-small-businesses.png)
When this is the case, a shorter business plan template for small businesses which focuses on defining your business niche, setting clear targets, and creating detailed timelines keeps your strategy aligned to the bottom line at all times.
monday.com’s one-page business plan template
Building a one-page business planning template from scratch involves a lot of key elements for consideration, but it doesn’t have to be a tricky process. Having a template to keep you on track enables you to effectively shape your strategy, goals, key activities, and targets in one place.
monday.com has created a one-page business plan template to help you create an effective one-page business plan that will keep your goals and targets at the front of your mind as you grow your business. The monday.com template includes:
- Digital visualization of your entire business strategy in one location, so you can easily share your plan and make updates
- Extensive customization options so you can create a business plan that aligns fully with your company branding
- The ability to add your own visuals such as tables, images, and videos that are relevant to your business plan
- The ability to collaborate in real-time with business partners and senior management on the creation and development of your one-page plan
- Integrations with popular business tools such as Excel and Outlook so you can move your business plan seamlessly from creation to execution
![Business Plan main table example screenshot of Business Plan main table example](https://res.cloudinary.com/monday-blogs/w_2520,h_1305,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/screenshot-of-Business-Plan-main-table-example.jpg)
Have your one-page business plan created quickly and seamlessly with monday.com. Sign up for our free trial and select the one-page business plan template to stay aligned with your business objectives and core goals.
![Business Plan template example screenshot of Business Plan template example](https://res.cloudinary.com/monday-blogs/w_2520,h_1305,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/03/screenshot-of-Business-Plan-template-example.jpg)
One-page business plan tips & tricks
Although a one-page business plan is not as extensive as a full-length business plan, there are some best practices you should follow to get the most out of it. With these tips and tricks, you’ll have a one-page business plan that’s realistic, accurate, and functional.
Understand your target market
Before you start outlining your business activities and tactics, it’s imperative that you fully understand your target market and your product-market fit. This understanding includes considerations such as customer price sensitivity, buying preferences, demographics, and more.
Without understanding your target market, building a business model can lead to sales targets and timelines that don’t materialize, a marketing plan or marketing materials that miss the mark, and unrealistic financial projections.
Fine-tune your products and services
Another key element of your business plan is the outline of the products and services you’ll offer. In this area, business owners need to thoroughly understand the cost of production, how to price products and services so they remain profitable, and how your offering measures up against competitors in the market.
By getting a firm grasp of your value offering, you can more accurately project costs, revenue, and profitability over the long term.
Keep your goals and projections realistic
When creating your one-page business plan, use the hard numbers regarding costs and budget to remain realistic about your business goals.
This approach applies to your timelines, too. Although your goals and targets may be ambitious, there needs to be an achievable timeline and resource allocation attached to them.
FAQs about one-page business plans
How do you write a business plan in one page.
It might be more beneficial for some business owners to start with a long business plan and then work on synthesizing it into a one-page template. That way, you can gain a deep understanding of your strategy before selecting the most important highlights for your one-page business plan.
You can also use visuals in place of written text where appropriate to save on space. For example, you can condense the highlights of your financial projections onto a single graph that’s understandable at a glance.
What is the primary characteristic of a one-page business plan?
The primary characteristics of a one-page business plan are clarity and brevity. Anyone who picks up your one-page plan should quickly get a clear idea of what your business does, its goals, and how you plan to achieve them. So it’s essential to keep all the information extremely clear and concise. Using a template like one on monday.com already gives you a leg up with a helpful outline.
What should a simple business plan include?
While every business is unique in some way, there are fundamental pieces of information you should incorporate into all simple business plans, including:
- Business mission and objectives
- Target audiences
- Competitor analysis
- Products/services outline
- Key operational considerations
- Time-bound financial projections
Depending on the purpose of your plan, you might choose to leave some items off the page. For example, if it’s for internal use by a wider team, you might omit elements like business financing plans, income statements, cost structure, etc.
Send this article to someone who’d like it.
- Get Started
Home >> #realtalk Blog >> Manage a business >> Writing an Effective…
Writing an Effective One-Page Business Plan: What You Need to Know (+ Free Template)
By Homebase Team
![write one page business plan Person writing in a notebook](https://joinhomebase.com/wp-content/uploads/2024/06/pexels-judit-peter-281675-1766604-scaled.jpg)
If you’ve started—or are starting—a small business, you’ve probably heard the words ‘business plan’ thrown around. That’s because a business plan is an important document with important information! Even a one-page business plan can help you address key questions early in the planning process.
That’s right—we said one page. In many cases, there’s no need for a supermassive document that takes ages to create. In this article, we walk you through what a good business plan needs—and what a business plan one-pager should contain.
Whether you’re writing your business plan for the first time or giving your existing plan a refresh, we’ve got your back. We’ve even got a free, downloadable business plan template to help you get started. Let’s get into it!
Why do you need a business plan?
A business plan is a blueprint for your business. It outlines everything your business needs, from goals to market to the steps you need to implement.
Business plans serve two main purposes:
- To help you set your business up for success. As you put together your business plan, you’ll be forced to think strategically about all your business goals and activities . Are they realistic? Is something likely to go wrong? What haven’t you thought of? The goal is for you to walk away feeling confident in the future of your business.
- To communicate the value of your business to others. It’s rare that entrepreneurs like yourself will go it 100% alone. You’ll likely work with partners, investors, or vendors to bring your small business to life. A business plan gives your collaborators confidence in you and your business and helps them support you in the best way possible.
Taking the time to create a business plan can feel like you’re wasting all-too-precious time, but it can help keep you focused and increase efficiency down the road. It’ll also help you make better business decisions off the bat so you can grow your small business quickly and wisely.
What are the 7 main points in a business plan?
Every business plan is unique, which is part of the reason writing one can feel a tad overwhelming. You can’t just copy and paste the plan from another business—instead, you need to assess your business’s idea within its niche.
Luckily, the skeleton of every plan is usually very similar. Whether you’re creating a plan for a neighborhood daycare or that cool new bar down the street , here are a few main points to put into any comprehensive business plan.
1. Executive summary
Your executive summary is an overview of your business plan.
Think about this section like a TL;DR or too long, don’t read . If someone wants to understand the gist of your business plan in just a few minutes, what information would they need to know?
If you find yourself just sharing your executive summary with your business’s interested parties, it may be that your business plan is too long! Consider a one-page business plan as your business’s elevator pitch, or a longer executive summary. |
2. Company overview and description
In this section, you should introduce your business to the reader. By the time they finish reading this section, they should have a good idea of who you are, what you do, and what you sell—in other words, your business’s niche.
Don’t be afraid to dive into your own background and why you decided to start this business. Building a small business is personal, and your story can go a long way in giving the reader some context.
3. Market and competitive analysis
Every business needs customers. Here’s where you’ll detail who they are and the potential target market of your business, including your ideal customer.
You’ll also want to take note of potential competitors that may impact your business. These might be direct competitors, but could also be similar businesses that may compete for your customers’ time and money. For example, if you’re opening a cycling studio, you might consider any other type of fitness studio to be a competitor.
Competition isn’t a bad thing, but being aware of your competition is one way to ensure your business stands out from the crowd.
4. Business offerings
Here’s where you’ll outline what products or services your business will offer in more detail. It doesn’t have to be a complete laundry list, but it should give readers a general idea and show a certain degree of forethought and attention to details.
For example, if you’re opening a bakery , this might be a sample of your menu. Or if you’re an HVAC repair company , you might share an overview of the services you’ll offer your customers. This section might even mention the products or services you won’t offer and why, especially if it helps clarify how your business is unique.
5. Management and operational plan
From managing employees and inventory to securing equipment and a lease, there’s a lot that happens behind the scenes to keep things running smoothly. Every business plan should touch on how you’ll manage the day-to-day of your business.
This is also a great place to indicate key milestones and timelines so you know that you’re on track for a successful grand opening.
6. Sales, marketing, and PR strategy
Now that you’ve got all the research and operational plans in place , it’s time to start attracting customers and securing those sales. Even with the best products or services in town, every business can use a little marketing boost. Feel free to get creative. From social media to paid ads, there are tons of ways you can spread the word about your budding business .
7. Financial forecast and budget
No one loves to crunch financials, but when it comes to business, money talks. And a strong financial plan is key to the long-term success of your business.
This final section of your business plan should estimate the costs, revenue, and profits of your business in the short and long term. How do you plan to finance your business? What costs will you incur before opening day ? What are the ongoing costs?
Not only will this give your vendors and investors confidence in your business, but it helps you make sure that your business is profitable in the long run.
What is a one-page business plan?
A one-page business plan is essentially a condensed version of a full business plan.
It covers all the core information about your business without overwhelming the reader with details. The goal is to summarize your business plan for yourself and potential stakeholders so they can understand your business at a glance.
Depending on your business needs, this concise document may even be all you need to get your business off the ground. Or it could serve as a stepping stone to a more robust plan in the future.
Top benefits of a one-page business plan.
Bigger isn’t always better—and one-page business plans are here to prove it.
Here are some benefits and reasons why you might opt for a one-page business plan:
- To kickstart your business planning: A full business plan can be incredibly daunting. A one-page business plan gives you a place to start without feeling overwhelmed with the nitty gritty.
- To share and distribute: Sometimes potential vendors, partners, or investors want to get more information about your business before they sign on officially. Instead of leaving them with a massive document, a one-page business plan helps you share the relevant need-to-know information easily.
- To focus on the key details: If you’re early on in the business ideation process and want to make sure you have all the important information, a one-page business plan can help you easily validate your business plan.
- To save time: In the long term, you may still expect to put together a full business plan at some point. However, if you’re in a time crunch, a one-page plan can help you get the important insights without the time commitment.
- To easily edit: In an ever-changing business environment, a one-page business plan is much easier to keep updated.
Key details to include in a one-page business plan.
Above, we outlined the key components of any business plan. The key with a one-pager is to keep it brief without losing any of those important details.
Let’s look at the sections of a business plan one-pager and dig into how you can adapt them to cover all the details of your business—all on one page.
Summary and overview
Start your one-page plan by sharing the name of your business, what you do, and your main value proposition.
The problem—and your solution
In a few sentences, share the problem that your business solves and how you solve it. This clarifies why your business should exist, so it’s an important section!
Depending on your business, you may also want to share a few of your team members to help readers put a face to your business. Great examples include the executive chef for a restaurant, or the lead veterinarian for your vet clinic.
Target market
Briefly describe who you expect to be a customer and their characteristics. This could be in the form of a short “ideal customer” profile.
Competitor overview
Here, you’ll touch on potential competitors and what makes your business stand out.
Business timeline
Share the key milestones for your business. For example, pitch when you’ll start marketing your business, when you’ll hire employees , and when you expect to open.
Sales and marketing plan
Here, you’ll quickly highlight the key marketing activities that you’ll use to drive new customers to your business. Try to stick to the most interesting or high-value stuff, like a website or social media .
Financial projections
Outline your expected revenue , expenses, and profits to give the reader an idea of your financial future.
Our tips for creating a one-page business plan.
If you’ve ever written something with a limited word count, you know that sometimes keeping things concise can be easier said than done.
As you get writing your one-page business plan, here are some of our top tips so you can make the most of that one page.
- Focus on the need-to-know information.
- Avoid fluff and keep your sentences short.
- Link out to additional resources and material if more information is necessary.
- Don’t be afraid to strategically incorporate visuals to emphasize the important points.
- Feel free to up sections or have different versions of your one-page business plan based on who’s reading it.
- Get creative with formatting to keep information organized.
One-page business plan example.
If you’re skeptical that all that information can fit on one page—we have proof! Here’s an example that you can use to start thinking about your business plan.
![write one page business plan Example of business plan](https://joinhomebase.com/wp-content/uploads/2024/06/2024-Refresh-SEO-Outline-one-page-business-plan-Mogul-images-1-791x1024.jpg)
Download our free one-page business plan template.
A one-page business plan is one of the most important pages you’ll write for your business. While there’s a lot to think about, it’s worth the effort to give both you and your partners peace of mind.
The good news is that we’ve done the heavy lifting for you! If the above one-pager looks good to you, we’ve pulled it together as a download for you. All that’s left for you to customize it for your unique business, fill in the sections, and get ready to launch your business.
Download your one-page business plan template PDF
Download your Homebase One-Page Business Plan Template Word document
As you think about starting your business, think about how you’re going to keep track of your team! Get your business on track with one app to manage everything from employee scheduling to team communication. |
Get your team in sync with our easy-to-use, all-in-one employee app.
One-page business plan FAQs
Why should you create a business plan.
There are several reasons you should create a business plan, such as:
- Improving your decision-making as you start and grow your business.
- Setting realistic goals and timelines.
- Attracting top-notch suppliers, investors, and even employees.
- Keeping your business profitable and your financials in order.
What types of companies need a business plan?
From brand-new small businesses to established corporations, companies of all shapes and sizes need a business plan. It’s a key part of setting your business up for success and improving your business trajectory.
Even if you already have a business plan in place, revisiting it from time to time can help you stay on track with your goals and adapt as your business changes.
Can a business plan be one page?
Yes, in many cases a business page can be one page. The trick to creating an effective one-page business plan is making sure that you’re covering the most important pieces of information.
Our top tips? Keep it as concise and organized as possible, so you can effectively communicate the value of your business to your audience.
Writing a one-page business plan is simple. You can create a business plan from scratch or use a free template like the one above to stay on track, but generally, the steps to writing a one-page business plan include:
- Start with a short executive summary and value proposition to introduce your business.
- Share the problem your business solves and your solution.
- Give an outline of top competitors and how your business compares.
- Create a timeline of key milestones.
- Outline your sales and marketing plan for attracting customers.
- Summarize your financial projections and funding plans.
Remember: This is not legal advice. If you have questions about your particular situation, please consult a lawyer, CPA, or other appropriate professional advisor or agency.
Related posts
August 22, 2024
How to open a yoga studio that stands out: an in-depth guide
Thinking of starting your own yoga business, but unsure exactly how to open a yoga studio that will succeed? You’re…
July 15, 2024
How To Start A Small Business in 2024: 12 Simple Steps To Jump Start Your Dream
Considering starting a business in 2024? You’re not alone. There are over 6 million small businesses in the US, and…
Restaurant Business Plan Template: Grow Your Business the Right Way
Planning the best way forward for your new restaurant can be a daunting task. Whether you’re living the dream of…
July 3, 2024
Your go-to checklist for starting a small business (+ free download!)
Maybe it all started with your EZ bake oven marketing plan, and it’s been your long-time dream to start a…
June 26, 2024
How to Start a Construction Business in 8 Easy Steps
Being able to build something from the ground up is an incredible skill: a skill you can monetize into your…
Top 4 Strategies to Grow Your Construction Business
For those in the construction business, laying the foundation for a house can be a piece of cake. But what…
Subscribe to our newsletter
Looking for ways to stay up to date on employment laws and small business news?
Homebase makes managing hourly work easier for over 100,000 local businesses. With free employee scheduling , time tracking , and team communication , managers and employees can spend less time on paperwork and more time on growing their business.
- Hiring & onboarding
- Team communication
- Employee happiness
- HR & compliance
- Integrations
- Food & beverage
- Beauty & wellness
- Medical & veterinary
- Home & repair
- Hospitality & leisure
- Education & caregiving
- Contact sales
- Become a Partner
- Careers – We’re hiring!
- #realtalk Blog
- Skip to primary navigation
- Skip to main content
- Skip to primary sidebar
- Skip to footer
Legal Templates
Home Business Plan One-Page
One-Page Business Plan Template
Focus on the core aspects of your business using a one-page business plan.
![write one page business plan One-Page Business Plan Template](https://legaltemplates.net/wp-content/uploads/one-page-business-screenshot-min-323x420.webp)
Updated September 22, 2023 Written by Josh Sainsbury | Reviewed by Brooke Davis
A One-Page Business Plan is a concise and summarized version of a comprehensive business plan. It captures the essential elements of a business idea or proposal on a single page, serving as a high-level overview of its vision, objectives, strategies, and action points.
The brevity of a one-page plan makes it especially useful for quickly conveying a business idea without overwhelming the reader.
What is a One-Page Business Plan?
When to use a one-page business plan, who should use a one-page business plan, how to write a one-page business plan, one-page business plan sample, advantages and disadvantages of a one-page business plan, frequently asked questions.
A one-page business plan is a simplified version of a complete business plan. Although the plan is shorter, it still outlines the basics of your future company. It follows the same structure as the standard version but with less detail.
The one-page plan allows you to condense and present the information in an easy-to-read format.
Similar plans like a lean business plan or executive summary also allow you to present your business in a condensed format.
However, an accurate one-page business plan must fit on one page. It must also use a legible font size of 11 or 12 points.
A one-page business plan would be best when ready to present your ideas to others, such as potential investors. Instead of filling out an extensive business plan, you can start small to get started.
This lets you present your ideas cogently.
You should use a one-page business plan template to:
- Present a simple version of your business plan to interested investors
- Get started on writing a more comprehensive business plan
- Create a plan for a small business or one with a simple purpose
- Focus on your key ideas to generate interest
- Brainstorm and plan for your future company
One-page business plans aren’t limited to just one type of business; they can be used in a multitude of scenarios, including:
Businesses in the ideation stage
A one-page business plan is ideal for building a quick overview for people and businesses still brainstorming ideas. A simple plan allows it to be amended and updated as the concept is developed and keeps all the ideas on a single page.
When you start, you will want to constantly refer back to your business plan to ensure you stick to your goals and core objectives. A traditional business plan doesn’t quite fit into an agile startup because it can be time-consuming to update and tweak as you grow and learn.
Using a one-page plan means you can edit it easily and either create a traditional plan down the line or, if you’ve already made one, fully update it once you feel more concrete with your goals.
Established companies
A one-page business plan isn’t limited to new and developing businesses. Established companies can take advantage of adding a one-page plan to their business strategy.
You can share your existing strategy internally and externally in a snapshot that will be easily understood by all, helping everyone to get on board with your goals.
Writing a one-page business plan is simple, mainly when you use a template to help you get started. A one-page business plan should cover the following sections:
Step 1 – Business Overview
It would be best if you discussed essential facts about your business and its identifying information, such as:
- Founding date
- Mission statement
- Type of business (LLC, Corporation, Partnership, etc.)
- Owner and leadership contact information
- Service of process information
![write one page business plan one-page business plan business details](https://legaltemplates.net/wp-content/uploads/business-overview-min.png)
Makes It Easy to Read: Use a legible and professional font that is easy to read and the right size. Be sure to format your document so it flows well. A template one-page business plan can help with this.
Step 2 – Market Analysis
You need to identify who your customers are and where they are located. This section should also address how many potential customers are available in your business’s geographical area.
This should also include whether you will engage in primarily business-to-consumer (B2C) or business-to-business (B2B) transactions.
![write one page business plan one-page business plan market analysis details](https://legaltemplates.net/wp-content/uploads/market-analysis-min.png)
Step 3 – Your Business Model
A description of your business model should consist of information like:
- How you will make money
- Costs of production and sales
- Prices customers will pay for products or services
- Will your company sell products online?
- Will you have a storefront presence?
This section could quickly become lengthy. Focus on the critical components of your business for the single-page business plan.
![write one page business plan one-page business plan marketing and sales details](https://legaltemplates.net/wp-content/uploads/marketing-and-sales-min.png)
Focus on Your Strengths: This short plan is likely a pitching tool to investors. Lead with the winning aspects of your business that set you apart from the rest—your value proposition.
Step 4 – Financial Forecast
This section should outline critical financial metrics like cash flow, profit and loss, and a sales forecast. This part is often difficult to condense, but you should focus on standard business ratios that help you get the point across.
You can always provide further details if you receive a request for financial projections.
![write one page business plan one-page business plan financial information](https://legaltemplates.net/wp-content/uploads/financial-forecast-min.png)
Step 5 – The Team
This final section should detail each team member’s names, roles, and responsibilities.
![write one page business plan one-page business plan team information](https://legaltemplates.net/wp-content/uploads/our-team-min.png)
Keep It Short: Keep each section short and to the point. Sections should be limited to 1 or 2 sentences or between 3 and 4 bullet points.
You can download a free one-page business plan template below, in Word or PDF format:
![write one page business plan one page business plan](https://legaltemplates.net/wp-content/uploads/one-page-business-plan-791x1024.png)
All types of business plans have their benefits and their drawbacks, including a one-page business plan:
Advantages of Using a One-Page Business Plan:
- See the big picture – There will be plenty of situations through the growth of the business that will require a snapshot of your business venture. A one-page plan shows multiple elements of your strategy but focuses on the big picture and what’s important.
- Consense your thoughts and ideas – Condensing your thoughts and ideas allows you to be more critical of your business and provide a brief overview of your plan. It will enable you to show investors, your management team, and potential partners a quick run-through of your business.
- Faster to create than a traditional business plan – Designed to be completed quickly and easily, a one-page plan is much quicker to produce than a full-length business plan and will see you running through each section of your plan. You’ll likely have to revisit it to make amendments, but luckily, with everything on one page, it won’t be time-consuming.
- Keep your core objectives at the forefront – As your business grows, processes and operations will become more challenging to manage and maintain. But when it comes down to making the big decisions, you can always refer back to your one-page business plan to keep your core business objectives in mind.
Disadvantages of Using a One-Page Business Plan:
- Not suitable for complex business ideas that require lots of supporting data – If your business idea is difficult or your financial projections are detailed, you might struggle to get all the vital information into a one-page plan.
- Not as detailed as a traditional business plan – Squeezing all your business plans onto one page often means you will miss out on essential details that could be crucial to getting investment or bringing additional partners on board.
- Hard to identify weaknesses and potential opportunities – Only seeing a snapshot of your business can make it challenging to identify any potential faults that could harm your business venture. The lack of in-depth customer and competitor information could also result in missing profitable opportunities.
Tips for Creating a One-Page Business Plan
Now that you’re ready to create your one-page business plan, here are a few tips to get you started:
- Use a one-page business plan template to simplify the process; you can download the template above in PDF and Word.
- Make sure your plan focuses on the core information key to running and operating a successful business.
- Revisit, tweak and change. This isn’t a static document; update it as your business grows and develops.
- Before writing your single-page business plan, understand your target market and where your product or service fits. Don’t forget your value proposition.
- Don’t skip the financial projections, especially if you require funding.
- Keep your core goals and objectives realistic and achievable.
What should a one-page business plan include?
A one-page business plan should include the important details about your business. It should contain brief information about the following:
- Business goals and mission statement
- Product or service offerings
- Target market and advertising strategies
- Identifying information
- Financial status and funding needs
Can I create my one-page business plan?
Yes, you can create your one-page plan. Just download the template and start building your business strategy’s big picture.
Alternatively, you could use our document builder, the fastest and easiest way to create your single-page business plan.
- Legal Resources
- Partner With Us
- Terms of Use
- Privacy Policy
- Cookie Policy
- Do Not Sell My Personal Information
![write one page business plan One-Page Business Plan Template](https://legaltemplates.net/wp-content/uploads/one-page-business-screenshot-min.png)
The document above is a sample. Please note that the language you see here may change depending on your answers to the document questionnaire.
Thank you for downloading!
How would you rate your free template?
Click on a star to rate
Guide
How to write a one page business plan.
![write one page business plan write one page business plan](https://www.mybusiness.com/images/icon_article_reading_time.png)
1. What is a One-Page Business Plan?
2. why is a one-page business plan important.
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/a_22_1711_1.jpg)
3. Types of One-Page Business Plans
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/a_22_1711_2.jpg)
4. Core Components of a One-Page Business Plan
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/a_22_1711_3.jpg)
5. Before You Start
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/banner_before_you_start1.jpg)
6. Steps to Build a One-Page Business Plan
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/a_22_1711_5.jpg)
7. Additional Resources
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/22/MEDIA/banner_books_yw.jpg)
7. Final Note
![write one page business plan Image](https://api.euserver01.com/PROFILES/di_logo_sq.png)
Digital Institute
![write one page business plan write one page business plan](https://api.euserver01.com/ACCOUNTS/pub/ad_legal3.jpg)
- Discover People
- Learn New Skills
- Find New Markets
- Digitize Your Business
![write one page business plan write one page business plan](https://www.mybusiness.com/images/icon_panel_quote_white.png)
Articles
![Percentile of followers on the network write one page business plan](https://www.mybusiness.com//images/company_field_icon_time_grey.png)
Services
![write one page business plan ...](https://api.euserver01.com/ACCOUNTS/services/tools_ubbersuggest_logo.png)
Tools
![write one page business plan ...](https://api.euserver01.com/ACCOUNTS/services/tools_transparent_png.png)
Platforms
- Remote Work
- Local Services
- Social Networks
![write one page business plan ...](https://api.euserver01.com/ACCOUNTS/services/market_amazon.jpg)
Templates
- Business Plans
- Newsletters
![write one page business plan ...](https://api.euserver01.com/ACCOUNTS/services/business_template_cover1.jpg)
- © 2024 MyBusiness.com
- Privacy Policy
- Terms of Use
![write one page business plan write one page business plan](https://mybusiness.comimages/virtual_fair_estilos_v3_800.png)
More From Forbes
How to develop a one-page business plan.
- Share to Facebook
- Share to Twitter
- Share to Linkedin
Creating a one-page business plan isn't easy, especially when you try to squeeze all of your financials into one document. That said, it's not impossible.
In my experience, most investors just want to feel good and see a return on their money. They want to make a profit at the end of the day, and this is why I recommend working backward to craft your business plan. Here are six steps for creating a one-page business plan that I've found actually works with investors:
Step 1: Create space for demand.
Remember that if people don't value or care to buy your product or service, then you shouldn't pursue it. After all, if you don't have people who will buy from you, what's the point? This is why when I write a business plan, I start by explaining the demand in the market. I showcase stories and inquiries from people facing the problem, and then I show them how they can solve the problem through my solution. The last question I ask them is, "What value would you put on a service or a product like this?"
Start your pitch with the demand in your market, not how big the market is. It doesn't matter how big the market is if no one wants your product or service. For example, if you can start out by explaining how your product impacts a certain demographic and is becoming extremely popular — and you have the metrics to back it up — this makes your product or company an easy sell to investors.
Step 2: Establish multiple ways of making revenue.
The next step in crafting a one-page business plan is to ensure there is more than one way of making revenue in your business. If there isn't, investors might think your company isn't innovative enough. They might hold back on funding because they want to invest in an organization that is going to have several ways of making money.
This is your chance to showcase your partners and your management team and how they will be bringing in revenue for the business. I usually add in a chart or a graph that shows exact five-year projections for anyone who is interested in investing. This way, they won't have to ask the "innovation" question because they see that there are multiple ways for the business to make revenue. The idea here is to speak about growth as much as you can.
Step 3: Evoke emotion.
Another part of your one-page business plan is the story, and a huge part of the story is your mission for wanting to start the business. This is where feelings have to come in; the investor has to feel that the money is going to really help you scale the business to the next level, or they likely will not invest.
Start out by selling your mission, why you are building this movement and what your legacy will be. In my case, my legacy was to help women heal from autoimmune conditions after living a life of chronic illness. I wanted to help them heal naturally through telemedicine and all-around connection. My story was the basis for my business model. The way that I came up with the business was by looking through some of my biggest challenges in life and showing investors how I was able to reverse them.
Step 4: Assemble a solid management team.
Who comprises your management team also needs to be highlighted in your plan. I've found that many investors look for people who graduate from Ivy League schools. But for me, this wasn't the case, so I felt I had to put twice as much effort into successfully raising any kind of funds. When you're trying to bring people on your team, whether they have degrees from an Ivy League school or elsewhere, first show them the potential success they could achieve by joining your team. Then show investors how your management team is going to benefit your company. They want to see who your A-players are.
Step 5: Present the opportunity strategically.
No matter who you speak to, whether you are trying to recruit A-players or seeking investment, how you present the opportunity makes all the difference. In my case, this was the hardest part. At first, there was nothing tangible involved, so I had to work to sell investors and potential hires on the opportunity. When I go back and ask people why they thought the opportunity was a good one, they cite my character. They said they believed in me and that I had what it took to scale a company. They could see my grit, tenacity and know-how to build a company from scratch, all based on how I presented the opportunity.
Do the same when you present the opportunity to invest in your company. Show the personal investments you've made in your business, and explain how much time you've spent on the project. Additionally, demonstrate how you were able to build a team. This is the other part of the equation.
Step 6: Be honest about what investors should expect.
When you create a business plan, you have to get down to the penny and make sure the investment is going to be worth it for investors. They want to see that it is going to pan out and going to make them money at the end of the day. Be honest and transparent about the cost of goods sold. Let them know ahead of time and down to the exact penny what your revenue looks like so they know that you have done a thorough job of calculating everything.
Now create the one-page plan and send it to your next investor. Make sure you let them know everything they will receive from you so expectations are the same on both sides.
![write one page business plan Sweta Patel](https://blogs-images.forbes.com/forbessanfranciscocouncil/files/2018/12/swetapatel1_avatar_1545233910-400x400.png)
- Editorial Standards
- Reprints & Permissions
![write one page business plan FourWeekMBA](https://fourweekmba.com/wp-content/uploads/2022/04/cropped-FOURWEEKMBA.png)
The Leading Source of Insights On Business Model Strategy & Tech Business Models
![write one page business plan business-plan-generator](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2018/11/one-page-business-plan.png?fit=1024%2C772&ssl=1)
How to Write a One-Page Business Plan
A one-page business plan is a simple tool to clear your mind. It focuses on three questions: What core problem am I solving? Who are my potential key customers? Where do I find them? It helps define the problem, profile the key customer, and find the key distribution channel.
Table of Contents
Why use a one-page business plan?
One of the issues of traditional business planning is about its complexity, which makes it hard to recognize its value. Indeed, a business plan should be a way to allow you to take action.
The main issue with traditional business planning though is that rather than make it easier to take actions, it makes it harder. Indeed, often too much planning can induce the so-called analysis paralysis.
A scenario in which draws a massive plan becomes an excuse not to act. Instead, a one-page business plan is just the opposite.
That is an exercise which aim is to draw in a page all the necessary elements your business model needs to get going — nothing more, nothing less.
It is vital to understand when it makes sense to use a traditional business plan instead.
Is the one-page business plan better than a conventional business plan?
It is important to remark that there isn’t the best way to draw a business plan. Between a traditional and one-page business plan, we can’t say that one is better than the other in all the situations.
They have different aims. The traditional business plan is extremely well suited for someone that is starting up a business that needs financing. The one-page business plan instead is tailored for someone that needs the necessary input to get the business started.
Therefore, if you will need other investors to chip into your business, a one-page business plan won’t do. Especially if you go through a more traditional way to get the financing, you will need a structured business plan.
On the other hand, if you need to understand whether your idea is actionable, you’re good with a one-page business plan!
Thus, we need to draw a line between venture capital vs. bootstrapped.
Venture capital vs. bootstrapped
In the business world, there are different schools of thought about what’s the best way to launch, run and grow a startup. It all depends on how you see the business world but also how the market is looking like in a particular historic context.
For instance, in a situation where venture capital firms have massive resources and the economy, in general, is in good health, it might be easier for startups to raise capital.
In that context, as an entrepreneur, it might make sense to ask for financing for your ventures. Therefore, a traditional business plan will help you go through that process.
Take the opposite scenario, where funding is scarce, and resources are not easy to find on the market. In that scenario, the so-called bootstrapped mode, or you grow your business it might make more sense. Thus, a one-page business model will do!
Once again, there isn’t the best way to do something. But instead, the way that suits you best, based on the context and how you believe business should work.
For instance, if you don’t want the interference of other people telling you how to run, and grow your business, venture capital is not for you and a one-page business plan is the best tool you can use for clarity of mind.
In the scenario, where you instead want to have a group of people supporting the growth of your business, and you’re also ready to take those interferences then a tradition business plan is the tool for you.
None will back you up without a proper business plan with a three to five years projections.
Many assumptions vs. a few assumptions
Another critical distinction between traditional business planning vs. the one-page business planning is the role of assumptions.
When you draw a traditional business plan, there are many assumptions on which the business plan is based on. However, one of the premises of the lean startup is just the opposite.
You need to get outside and test those assumptions quickly. Indeed, with the one-page business plan, you do just the opposite. Get to act as promptly as possible to check the assumptions you have about your business.
The one-page business plan will be changed over and over again in the course of bootstrapping your business until you’ll have found the market fit and get to the 10x phase of growth .
Key elements of the one-page business plan
What parts should you take into account for the one-page business plan?
There are a few questions you’ll need to address to understand the viability of your plan:
- Did I identify a problem that other people are experiencing?
- Is this problem experienced by enough people to justify a business?
- What solution can I bring to those people?
- Would people be willing to pay to get that problem solved?
- Would I make enough margin to have a viable business?
- Why would those people pick my solution?
- Do I need a team to deliver this solution?
- Do I need money or can I bootstrap it?
Start with the end in mind until you get to the action plan
One of the primary pitfalls of a business plan is usually too much planning and fancy numbers and no vision at all. Indeed, one of the key ingredients to be able to achieve massive results is a bold vision .
The bold vision doesn’t mean you have to start a business to leave a legacy behind. Instead, that can also be a vision to dominate the market in a specific niche .
The vision is about what you want your business to become when it grows up; how it will need to be.
Once you have that you need to set a mission statement , the mission statement is actionable, and it starts from the vision , but it sets it in motion in the here and now.
Within your mission , you’ll need to set a few key objectives you want to achieve. You don’t need a list of dozens of items. A list of the first few objectives and steps would do.
What do you need to achieve those objectives? How much financial resources? Do you need a team? Do you need tools? List them up to understand what resources they require.
With a vision , a mission statement and the objectives in place, that is when you need an action plan. A set of things to do in the short-term to achieve those objectives you prefigured.
One-page business plan in action
![write one page business plan business-model](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2019/11/business-model.png?resize=1920%2C1448&ssl=1)
Once you understand the context you can map on a single page the kind of business you want to build. You don’t need complex tools or business plans (unless you’re going to ask for investments, in that case, you need a solid business plan and a pitch deck).
Instead, a piece of paper with some key elements of how you want your business to look like will do.
You can map three key elements initially:
![write one page business plan one-page-business-plan](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2018/11/one-page-business-plan.png?resize=1920%2C1448&ssl=1)
- What core problem am I solving? (problem definition)
- Who are my potential key customers? (customer profiling)
- Where can I find them? (distribution)
Your turn now!
Key Highlights of the One-Page Business Plan:
- Simplicity: A one-page business plan is a concise tool designed to provide clarity by focusing on key elements of your business model .
- What core problem does your business solve?
- Who are your potential key customers?
- Where can you find them?
- Actionable Planning: Unlike traditional complex business plans, a one-page plan is meant to inspire action rather than induce analysis paralysis.
- Analysis Paralysis: Traditional planning can lead to overthinking and inaction, known as analysis paralysis. A one-page plan encourages immediate action.
- Targeted Use Cases: The one-page plan is suitable for situations where you need clarity to get your business started quickly, but it’s not ideal for securing investor financing.
- Context Matters: Choose between a traditional business plan and a one-page plan based on factors such as your financing needs, growth strategy , and market conditions.
- Venture Capital vs. Bootstrapped: The choice between seeking venture capital and bootstrapping impacts the planning approach. Each has its merits based on market dynamics.
- Assumption Testing: The lean startup approach emphasizes testing assumptions quickly, aligning with the one-page plan’s focus on rapid action and learning.
- Few Assumptions: Unlike traditional plans with numerous assumptions, the one-page plan encourages prompt validation of key assumptions in the real world.
- Identifying a common problem.
- Determining if there’s a substantial market for the solution.
- Describing the solution’s value.
- Assessing willingness to pay for the solution.
- Ensuring viable profit margins.
- Explaining why customers would choose your solution.
- Considering team and resources needed.
- Evaluating whether funding is necessary.
- Start with Vision: Develop a bold vision for your business’s future, encompassing growth and achievements.
- Mission Statement and Objectives: Create a mission statement that translates the vision into action, supported by a concise list of key objectives.
- Resource Requirements: Identify the resources required to achieve your objectives, including financial, team, and tool needs.
- Action Plan: Detail the short-term actions needed to accomplish the objectives set in your mission statement .
- Core problem you’re addressing.
- Potential key customer profiles.
- Distribution channels to reach customers.
- Simplicity and Clarity: The one-page business plan offers a straightforward approach to capture essential business aspects and guide your initial steps.
Table Summary
Aspect | Description | Advantages | Drawbacks |
---|---|---|---|
Use of One-Page Business Plan | A one-page business plan simplifies the planning process by condensing all essential elements onto a single page. It is designed to provide clarity and guide actions, making it easier to take decisive steps. Contrasts with traditional business plans, which can be complex and lead to analysis paralysis. | Simplifies business planning and action-taking. Prevents overthinking and hesitation. Encourages focused and concise planning. Ideal for those looking to start a business with a clear vision. | Limited in detail compared to traditional plans. May not suit scenarios requiring extensive financial projections or external financing. |
Comparison with Traditional Plan | One-page and traditional business plans serve different purposes. Traditional plans are suitable for businesses seeking external financing and require comprehensive documentation. One-page plans are ideal for those who need clarity and a quick assessment of their business idea’s viability. | Traditional plans suit businesses seeking external investments. One-page plans are suitable for quickly assessing business viability and getting started. | Traditional plans provide detailed financial projections and market analysis. One-page plans may lack the depth needed for securing financing or attracting investors. |
Venture Capital vs. Bootstrapped | Choice between traditional and one-page plans can depend on the business’s funding approach. In scenarios with ample venture capital and resources, traditional plans may be preferred for securing external investments. In bootstrapped situations with limited resources, one-page plans can suffice for getting started. | Venture capital may require detailed traditional plans with financial projections. Bootstrapped startups can benefit from the simplicity of one-page plans to initiate action. | Venture capital provides access to significant resources but may involve external control and interference. Bootstrapping offers independence but relies on limited resources and slower growth. |
Many Assumptions vs. Few Assumptions | Traditional plans often rely on numerous assumptions about the business. The lean startup approach emphasizes testing assumptions quickly. One-page plans encourage prompt action to validate business assumptions. | Traditional plans are based on multiple assumptions that may need validation over time. One-page plans prioritize testing assumptions through action. | Traditional plans provide a comprehensive overview but may lead to analysis paralysis. One-page plans may require frequent adjustments as assumptions are validated or disproven. |
Key Elements of One-Page Plan | A one-page business plan typically addresses crucial questions to assess the business’s viability. These questions include identifying a problem, determining the target customer base, assessing potential demand, pricing strategies, and considering resource needs such as a team or financing. | One-page plans focus on core questions, such as the identified problem, target customers, potential demand, pricing, and resource requirements. | Limited space for detailed market research, extensive financial projections, or in-depth competitive analysis. The emphasis is on simplicity and quick action. |
Start with the End in Mind | A successful business plan begins with a bold vision for the business’s future. It includes a mission statement that sets the business in motion and outlines key objectives. An action plan breaks down objectives into achievable steps. This progression from vision to action is essential for achieving significant results. | Starting with a bold vision and a clear mission statement provides a sense of purpose. Setting objectives and action plans translates the vision into actionable steps. | Lacking a clear vision or mission statement can lead to a lack of direction. Inadequate planning of objectives and action steps may hinder progress toward the vision. |
One-Page Business Plan in Action | A one-page business plan condenses essential elements onto a single page, including the identified problem, target customers, potential demand, pricing strategies, resource needs, and distribution channels. It serves as a clear reference for business direction and action. | Provides a simplified framework to guide business decisions and actions. Ideal for clarity of mind and quick reference. | May require frequent updates and adjustments as the business evolves and assumptions are tested. Limited space for extensive details or comprehensive market research. Relies on the lean startup approach for flexibility and adaptation. |
Related Business Concepts
Innovation Theory
![write one page business plan innovation-theory](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2022/03/innovation-theory-1.png?resize=1024%2C760&ssl=1)
Business Competition
![write one page business plan business-competition](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2021/12/business-competition.png?resize=1024%2C772&ssl=1)
Business Scaling
![write one page business plan business-scaling](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2021/10/business-scaling.png?resize=1024%2C753&ssl=1)
Disruptive Innovation
![write one page business plan disruptive-innovation](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2021/11/disruptive-innovation.png?resize=1024%2C772&ssl=1)
Innovation Funnel
![write one page business plan innovation-funnel](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2021/09/innovation-funnel.png?resize=1024%2C772&ssl=1)
Four-Step Innovation Process
![write one page business plan four-step-innovation-process](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/11/four-step-innovation-process.png?resize=1024%2C772&ssl=1)
History of Innovation
![write one page business plan innovation](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/07/innovation.png?resize=1024%2C772&ssl=1)
Read also: Business Strategy, Examples, Case Studies, And Tools
Read Next: Lean Canvas , Agile Project Management , Scrum , MVP , VTDF .
The FourWeekMBA Business Strategy Toolbo x
Tech Business Model Framework
![write one page business plan business-model-template](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/09/business-model-template.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Blockchain Business Model Framework
![write one page business plan vbde-framework](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2021/04/vbde-framework-1.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Technological Modeling
![write one page business plan technological-modeling](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/12/technological-modeling-1.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Transitional Business Models
![write one page business plan transitional-business-models](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/07/transitional-business-models.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Minimum Viable Audience
![write one page business plan minimum-viable-audience](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/06/minimum-viable-audience.png?resize=1024%2C753&is-pending-load=1#038;ssl=1)
Market Expansion
![write one page business plan market-expansion](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/05/market-expansion-1.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Speed-Reversibility
![write one page business plan decision-making-matrix](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2019/09/speed-reversibility-framework-3.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Growth Matrix
![write one page business plan growth-strategies](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2020/05/growth-strategies.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Revenue Streams
![write one page business plan revenue-streams-model-matrix](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2019/11/revenue-model-matrix.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Revenue Model
![write one page business plan revenue-model-patterns](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2018/12/revenue-model-patterns.png?resize=1024%2C772&is-pending-load=1#038;ssl=1)
Methodologies & Frameworks
- Business Model Canvas Guide
- Business Model Patterns
- Business Model Navigator
- Build An Exceptional Viable Product
- Blitzscaling Canvas Guide
- Lean Startup Canvas
- Business Model Framework
- Flywheel And Virtuous Sales Cycles
- Growth Marketing
- Pretotyping Methodology
- SEO Hacking Framework
- Technology Adoption Curve
- Value Proposition Canvas
- What Is OKR
- What Is Scrum?
Business Models Case Studies
- Amazon Business Model
- Netflix Business Model
- Starbucks Business Model
- LinkedIn Business Model
- Google Business Model
- Uber Business Model
- Lyft Business Model
- Robinhood Business Model
- Nike Business Model
- DuckDuckGo Business Model
- ALDI Business Model
- Apple Business Model
- TOMS Business Model
- Slack Business Model
- Fiverr Business model
- Pinterest Business Model
- Telegram Business Model
- TripAdvisor Business Model
- Booking Business Model
Startup Resources
- Business Strategy
- Business Models
- Business Model Innovation
- Product-Market Fit
- Digital Business Models
- Sales And Distribution Lessons
- Business Development
- Market Segmentation
- Marketing vs. Sales
- Distribution Channels
- Inventory Turnover Ratio
- Business Books To Read
- What Is A Unicorn Company?
More Resources
![What Is A Post-It Business Plan? The Case For A Post-It Business Plan postit-business-plan](https://i0.wp.com/fourweekmba.com/wp-content/uploads/2019/07/postit-business-plan.jpg?resize=150%2C150&ssl=1)
About The Author
Gennaro Cuofano
Leave a reply cancel reply, discover more from fourweekmba.
Subscribe now to keep reading and get access to the full archive.
Type your email…
Continue reading
Everything that you need to know to start your own business. From business ideas to researching the competition.
Practical and real-world advice on how to run your business — from managing employees to keeping the books
Our best expert advice on how to grow your business — from attracting new customers to keeping existing customers happy and having the capital to do it.
Entrepreneurs and industry leaders share their best advice on how to take your company to the next level.
- Business Ideas
- Human Resources
- Business Financing
- Growth Studio
- Ask the Board
Looking for your local chamber?
Interested in partnering with us?
Start » startup, how to write a one-page business plan.
Need to pitch your idea on the spot? This quick one-page business plan outline can help you get your foot in the door with investors and incubators.
![write one page business plan Two young men sit at a table in an open-plan office. The man on the left writes in a notebook while the man on the right watches.](https://uschamber-co.imgix.net/https%3A%2F%2Fs3.us-east-1.amazonaws.com%2Fco-assets%2Fassets%2Fimages%2Fone-page-business-plan.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=415&q=88&w=622&s=ff70f1c3aecc8e3c943f2d3819045c5a)
A complete, thoughtful business plan can help you recruit executive leaders, pitch investors and win grants. But sometimes you just need a one-page business plan to get your foot in the door. A condensed business plan can act as an elevator pitch to pique the interest of a startup incubator, bank or other business partner. Here’s what should go into your one-page business plan.
[ Read more: The Definitive Guide to Writing a Startup Business Plan ]
Section 1: The demand
Start by establishing the problem, need or demand for your product or service. Why should an investor back your business idea? This section establishes opportunity: why you’ve come up with this idea in the first place, and why other consumers will see your idea as valuable. There must be a demand in the market for which you are supplying a solution.
Note that “demand” is different than “market size.” “Start your pitch with the demand in your market, not how big the market is. It doesn't matter how big the market is if no one wants your product or service,” explains Sweta Patel in Forbes .
Try to keep each of these sections to two to three sentences . Treat this first section as the bait to get someone interested in reading the following sections, and to inevitably ask for a longer pitch.
Section 2: Your solution
Some experts consider this your company’s mission statement. Others treat it as an opportunity to describe the intricacies of your product or service. Overall, this section should describe your solution to the problem identified in Section 1. How is your solution distinctive from other companies tackling the same problem?
“You can even think of this section like a book headline,” wrote one expert . “The first part is the eye catching and very clear statement on what the book is about. And then the actual book text talks in more detail about the ‘bread and butter’ of the story.”
Make sure this section focuses on the things that make your idea unique: The details of why a customer will buy from you instead of any other company will provoke an investor to ask for more information.
Section 3: Business model
How will you make money? This section should cover your pricing strategy. “Briefly describe how your pricing will be competitive enough to attract customers but be high enough to generate a profit after subtracting expenses,” recommends The Balance .
Patel also writes about the importance of identifying multiple revenue streams for your new company. “The next step in crafting a one-page business plan is to ensure there is more than one way of making revenue in your business. If there isn't, investors might think your company isn't innovative enough. They might hold back on funding because they want to invest in an organization that is going to have several ways of making money,” she said .
Save the detailed financial information for the longer business plan, and focus on how your idea will generate revenue while keeping costs low.
Start your pitch with the demand in your market, not how big the market is.
Sweta Patel, Forbes Business Council
Section 4: Management team
Business incubators and investors often give more consideration to business ideas presented with a strong leadership team attached. The reason for this is that investors realize that an initial idea may go through a few iterations before launching to the market. Therefore, an investor will look for a talented, motivated founding team with whom they can refine a business idea until it works.
You may not have your executive team in place yet, but make sure you showcase the qualifications of yourself and any business partners you have. If you haven’t started hiring, demonstrate the profile of who you wish to bring on board to help your network put you in touch with the right people.
Section 5: Action plan
Use your remaining space to outline your goals, next steps and call to action. What is your big “ask”? If it’s funding, demonstrate what you will do with the amount of money you need. Try to outline specific targets with deadlines. For instance, you may write a sentence stating, “By ‘x date’ we will have the business premises chosen and lease signed.” Give potential partners a little taste of where their investment will make a difference.
You may also want to include a line that offers a more complete business plan with financial projections, marketing, distribution and competitive analysis available on request. Hopefully, your one-page plan will have given enough of a taste of your idea to encourage investors to seek more information.
[ Read more: 5 Business Plan Templates to Help You Plan for Success ]
CO— aims to bring you inspiration from leading respected experts. However, before making any business decision, you should consult a professional who can advise you based on your individual situation.
Follow us on Instagram for more expert tips & business owners’ stories.
Join us on October 8, 2024! Tune in at 12:30 p.m. ET for expert tips from top business leaders and Olympic gold medalist Dominique Dawes. Plus, access our exclusive evening program, where we’ll announce the CO—100 Top Business! - Register Now!
CO—is committed to helping you start, run and grow your small business. Learn more about the benefits of small business membership in the U.S. Chamber of Commerce, here .
Join us October 8, 2024
Unlock today’s biggest trends with expert tips and inspiring stories from Olympic gold medalist Dominique Dawes! Don’t miss our exclusive evening program and CO—100 Top Business announcement!
![write one page business plan write one page business plan](https://s3.us-east-1.amazonaws.com/co-assets/assets/images/6465010034-CO-100-Branding-Final_Reversed-1.png)
RSVP Now for the CO—100 Small Business Forum!
Discover today’s biggest AI and social media marketing trends with top business experts! Get inspired by Dominique Dawes’ entrepreneurial journey and enjoy free access to our exclusive evening program, featuring the CO—100 Top Business reveal. Register now!
For more startup tips
How to choose a legal entity for your startup, how to choose the right business entity: sole proprietorship, 5 steps to use social media to launch your business.
By continuing on our website, you agree to our use of cookies for statistical and personalisation purposes. Know More
Welcome to CO—
Designed for business owners, CO— is a site that connects like minds and delivers actionable insights for next-level growth.
U.S. Chamber of Commerce 1615 H Street, NW Washington, DC 20062
Social links
Looking for local chamber, stay in touch.
![write one page business plan write one page business plan](https://www.tailorbrands.com/wp-content/uploads/2023/12/Tailor-logo.png)
How to Write a One-Page Business Plan (By Asking the Right Questions)
![write one page business plan header one page business plan](https://www.tailorbrands.com/wp-content/uploads/2021/10/Header-One-Page-Business-Plan.jpg)
Home » Blog » How to Write a One-Page Business Plan (By Asking the Right Questions)
French author-philosopher Voltaire once wisely said, “Judge a man by his questions rather than his answers.”
The same can be said for your business plan.
Every entrepreneur, business owner, inventor, and visionary started their business journey with an inquisitive question.
Yours now might be how do I write a one-page business plan ?
If so, we have the answers.
Writing a business plan can seem like a daunting task, but this guide will provide you with the right questions you need to ask in order to get started.
The Steps of Writing a One-Page Business Plan
It doesn’t matter whether you’re opening a coffee shop, bed and breakfast, or a construction company. The elements you need to write a one-page business plan remain the same.
Best-selling author Paula Nelson put it this way:
“The best business plans are straightforward documents that spell out the who, what, where, why, and how much.”
To clarify, I’ll use a guest house I opened in 2018 as an example. It quickly became the regional number one online listing, attracted guests from 33 countries, and secured bookings one year in advance.
My small guest house grew into the success it was because I had a strong business plan. It targeted a specific audience, identified a need and provided a solution, held a competitive advantage, a definitive sales strategy, and so on. Basically, my small business was successful because I had a solid business plan as a foundation.
![write one page business plan one page example](https://www.tailorbrands.com/wp-content/uploads/2021/10/Guest-House-example-768x324.jpg)
How is a One-Page Business Plan Different From a Regular Business Plan?
A regular business plan is a formal presentation that must include certain elements and quality standards.
Also called a traditional business plan, it is on average 50+ pages written in business language. You need this document to impress others outside the company, such as investors.
So, if you are meeting with a potential investor, you would present them a regular business plan as opposed to a one-page plan.
A one-page business plan answers the questions you need to know.
It’s quick to write, provides you with a resource to rely on, helps set your goals and implement the strategy to reach them. It shows you where you are and what’s required to achieve success.
The first question you need to answer: Is there a market need?
1. Is there a market need?
“If dogs don’t like your dog food, the packaging doesn’t matter.” – Stephen Denny, author and competitive strategy/marketing consultant.
Every successful business has to first confirm the market need . Without a market need, you don’t have a viable business.
A market need is a problem that a specific demographic has, also known as their pain point. When you identify a pain point and an audience craving a solution, you’ve found your market need.
Let’s review a few strategies you can use to confirm market need:
Validate the demand. First step, prove your idea has potential. Validation provides accurate data telling you exactly how many people search for your product/service over a set time – and showing whether your market’s growing or declining.
Assess your competition. Your competitors’ success can also prove the market need. What products/services do they provide? What solution do they solve? And how high is consumer demand?
Listen to your future customers. Look at your prospective customers’ positive and negative reviews to find out what they think. Check out review sites like Trustpilot, Amazon, social media, and your competitors’ websites.
Going back to that guest house I mentioned earlier, I confirmed consumer demand by assessing competitors’ online booking availability at peak and off-peak times. I then determined the gap in the market (AKA, what type of accommodation to offer) by reading customer reviews, finding out what visitors wanted, and what the competition failed to provide.
2. How will you solve the market need?
“Don’t find customers for your products. Find products for your customers”. – Seth Godin, author, and entrepreneur.
Now you must identify how you’ll solve the market need and prove why your solution is better than what’s already available.
To provide a winning solution, first find what is called in marketing your unique selling point (USP). It’s a strategy informing customers about how your product is superior to competitors.
Your USP could be a better product or service, a lower price, a simplified buying process, exceptional customer service, or a new and revolutionary solution to an existing problem. No two successful businesses have the same USP because if they did, they wouldn’t be unique.
When I was determining the guest house’s unique selling point, I looked at others in the market. My competitors were primarily focused on maximum income for minimum cost, and not necessarily on getting customers to return. Identifying that gap is how I found my USP, resulting in hundreds of 5-star reviews and a return client base (not via a third-party site), increasing my profits by 15%.
3. Which products or services will you offer?
Before choosing a product or service to sell, ask yourself the following questions:
What are my customers’ hidden desires?
What’s the most significant benefit my product/service can give my customers?
What problems do my prospects have with my competitors, and how can I solve them?
Because it’s not your products that interest people, it’s the results they provide. Put your customers first and fulfill their implicit desires with excellence, and your choice of product or service will become apparent.
The guest house I opened offered exceptional customer service.
Sure, the beds were comfortable, the food excellent, and our view amazing. But most folks remembered the superb service and feeling attended to.
The guest house’s level of service gave value to my customers – providing an instant return to my business by increasing reviews, cultivating a loyal clientele, referring others, and attracting people happy to pay more.
4. What's your business model?
The late Anthony Bourdain, celebrity chef, author, travel documentarian, once said:
![write one page business plan](https://www.tailorbrands.com/wp-content/uploads/2021/10/One_page_business_plan_quote-768x299.jpg)
A business model outlines how your company will turn a profit selling a product/service to a target audience within a specific marketplace.
However, with so many new businesses models coming online every day, they’re constantly evolving, so no one size fits all. For example, traditional business models include brick-and-mortar stores, franchising, and direct sales.
Hybrid models (businesses like my guest house) combine internet sales with a physical location.
Your business model’s purpose is to ensure you’ll profit using the proper marketing channels and payment gateways for incoming revenue.
Now’s the time to be ruthless with the numbers. Account for every outgoing, like set-up costs, fixed costs, product production and packaging, sales, and shipping. Research your competitors to find the base price point for what you’re offering.
For the guest house, I had a hybrid model using online marketing to rent vacation rooms through third-party holiday booking sites. I then added Google My Business, a website, and local off-line physical marketing materials as my customer base grew. It was heavily focused on return customers and referrals to reduce third-party percentage sales costs, increasing revenue. Payment gateways included online payments via third-party sites, my website, and on-site.
5. Who's your competition, and how will you beat them?
“I’ve been up against tough competition all my life. I wouldn’t know how to get along without it.” – Walt Disney, you know the guy!
Without competition, you’ve got one of two things: A business idea no one wants, or one no one yet knows they need.
Both are unsuitable business models for a small business. The ideal business model should have high customer demand, healthy competition, and room for a savvy innovator like you to move in.
You beat your competitors by identifying them, what they offer, and which marketing channels they use to engage their target audience. And you find those by running a competitor analysis .
A competitor analysis identifies your competition’s strengths and weaknesses, their marketing strategies, advertising platforms, and any crucial marketing opportunities they may be missing. Doing so gives you a competitive advantage.
The guest house I opened had 42 established competitors, all with a long booking site history and hundreds of reviews.
However, average review scores were low (8.2 on Booking.com and 3.8 on Google), the negatives being customer service, facilities, and breakfast. Most competitors weren’t taking advantage of visuals, using low-quality photographs. Fewer still were active online, failing to reply to customer comments and testimonials.
6. What's your competitive advantage?
“If you don’t have a competitive advantage, don’t compete.” – Jack Welch, ex-CEO of General Electric.
A competitive advantage is your company’s ability to outperform your competitors in one or more ways. That is called a unique value proposition (UVP).
Your unique value proposition is the solution and benefit your USP provides. Your UVP’s an in-your-face marketing statement describing exactly how you’ll bring value to your audience, highlighting what makes you unique to the marketplace.
Ask these questions to find your answers:
Relevancy: How does your product or service solve your customers’ pain points or improve their situation?
Quantified value: In what way will you deliver those specific benefits?
Differentiation: Why should your ideal customer buy from you and not from your competition?
The guest house’s unique selling point was superior service, stunning views, comfortable bedrooms with extra facilities, and a 5-star quality breakfast using local produce, catering for all food intolerances.
Our unique value proposition was marketing.
I was at an immediate disadvantage to our competitors. Our location was 2 miles from town, which meant customers needed transport, so I promoted a free taxi service. It became one of our leading USPs.
I took beautiful photographs and wrote engaging descriptions of the property, breakfast, and facilities down to the last detail – removing any doubt from my target audience’s mind.
And, I created a cohesive and recognizable brand by using the same images, bio, and family pictures on all our marketing platforms.
7. Who's your target market?
“Everyone is not your customer”. – Seth Godin, yep him again!
Your target market is the consumers who you’ve proven want what you’re selling.
By identifying your target market and their preferred marketing channels, you can define your marketing strategy around their needs – at the same time, highlighting your UVP to engage and connect with them at every opportunity.
You gain an understanding of your target market by creating a buyer persona . It’s a fictional character created using accurate research data that provides relevant information about your audience.
The aim is to identify a niche audience you’re confident your marketing will convert into paying customers.
My guest house was located at a hot spot for bachelor and bachelorette parties. There were businesses providing a service catering to their specific needs. It was clear that local couples and families were unhappy sharing facilities with an overly jubilant crowd.
I’d found our target market. We quickly gained the reputation as the go-to property for those wanting a quiet, relaxing holiday. My target market is less trouble, more appreciative, stay longer, and pay more for our service.
8. What marketing strategies will you use?
“Good marketing makes a company look smart. Great marketing makes the customer feel smart.” – Joe Chernov, ex-VP of marketing at HubSpot.
Now your goal is to define your marketing (sales) strategy to maximize your ROI (return on investment) and create a highly optimized presence within your niche.
![write one page business plan marketing channels](https://www.tailorbrands.com/wp-content/uploads/2021/10/marketing-channels-768x341.jpg)
You define your marketing strategy by identifying the channel your target audience uses most to search for and buy your product.
You identify it by looking at your competitors’ websites and social media platforms, and by checking out third-party sales websites such as Amazon, eBay, Etsy, or in my example, Booking.com.
I opened the guest house in the height of summer after establishing Booking.com as my target audience’s preferred platform. And although the site charges a hefty 15%, the pay-off was worth it.
By focusing on my target audience and using the highest converting booking platform, I took 67 bookings in my first 4 days. And by providing unparalleled service (on a platform driven by reviews), I had 104 primarily 5-star reviews by the end of the summer, resulting in a 9.8 score.
This enabled me to spread my marketing net to include Google My Business and website. With all 3 marketing platforms working, I booked out one year in advance and could raise the prices.
9. How will you cover your costs?
“Never take your eyes off cash flow because it’s the lifeblood of business.” – Richard Branson. He signed the Sex Pistols, built an airline and a spaceship, and flew to space!
Did you know most new businesses fail due to a lack of cash flow?
It’s critical to know your numbers and write up a financial summary (budget and sales goals) to stay afloat.
A financial summary could be as simple as an Excel spreadsheet, and includes your setup costs, running costs (products, shipping, utilities, rent, marketing, etc.), and most importantly, your break-even point. Your break-even point is when your credit equals your debit, and if you run your business correctly, profit soon follows.
Your cash flow is the net balance of cash moving in and out of your business at a specific point in time and the amount you need to keep your business running. And by maintaining a balance sheet, you keep your eyes on your cash flow.
Include these in your one-page business plan:
Expenditure and budget. Account for every expense, no matter how small (and keep the receipt)!
Sales goals. The quantity of products/services you’ll sell and at what price to surpass your break-even point and make a profit.
Net profit. Your estimated end-of-tax-year profit after you’ve subtracted all your debits.
When I did this for the guest house, I required an initial investment for renovations, fitting out, and stock (food and beverages, etc.).
I reduced the outgoings by doing all the construction work myself and living on pasta! And as I used a free marketing strategy (Booking.com only charge after rentals), my advertising costs were almost zero. Bookings were in advance, so I could accurately forecast credit, debit, break-even point, and the gross/net profit.
10. Who do you need to scale and succeed?
“You’re only as good as the people you hire.” – Ray Croc, who gave the world fast food and McDonald’s. Thanks, Ray!
Now’s the time to think about who you’ll need to help scale your business, because hiring people with the right talent produces successful results.
Look at each step of your one-page business plan, such as accounting, marketing, product development, and ask yourself, do I need support to make that happen? If so, seek out people wiser and more experienced than you in those areas.
From one small business owner to another, don’t hire in-house at this early stage. You can outsource on a contractual basis, ensuring you’ve got who you need when you need them – helping you reduce costs and put your business plan into action.
Use our template to build your own business plan!
We’ve created a downloadable template for you to use. Check it out and click the link below to download:
![write one page business plan](https://www.tailorbrands.com/wp-content/uploads/2021/10/assets-One-Page_Business_Plan_002.jpg)
Write Your Own One-Page Business Plan!
A one-page business plan is the blueprint that will guide your business towards achieving its goals.
For anyone starting a business, creating a business plan is an important first step.
Follow this guide to write your very own business plan, and you’ll have a document that will set your business on a path for success.
This portion of our website is for informational purposes only. The content is not legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, Tailor Brands is not responsible for the information as well as has not been evaluated the accuracy and/or completeness of the information.
![write one page business plan Terry O'Toole](https://www.tailorbrands.com/wp-content/uploads/2022/04/Terry-Otoole-150x150.jpg)
Terry OToole
Terry is a serial entrepreneur with over 25 years of experience building businesses across multiple industries – construction, real estate, e-commerce, hotelier, and now digital media. When not working, Terry likes to kick back and relax with family, explore Taoism’s mysteries, or savor the taste of fine Italian red wine.
![write one page business plan](https://www.tailorbrands.com/wp-content/uploads/2023/12/Tailor-logo.png)
- Form an LLC
- Licenses & permits
- Sales tax permit
- Business insurance
- Business banking
- Business email
- Taxes & accounting
- Invoices & bookkeeping
- Legal documents
- Business cards
- Digital business card
- Graphic design
- Print store
- Help center
- LLC by state
- Affiliate program
- Partner with us
- Brand guidelines
@2024 Copyright Tailor Brands
- Privacy Policy
- Cookie Policy
- Do not sell my personal information
![](http://writinghelp.online/777/templates/cheerup/res/banner1.gif)
IMAGES
VIDEO
COMMENTS
4. Direct and to-the-point. Learning to communicate your ideas clearly and directly is critical. You need to be sure that anyone can really understand the essence of your business. Delivering your entire business concept on a single page is a great way to practice this, as it forces you to be succinct. 5.
Here are the key elements of a one-page business plan: The executive summary, business opportunity, value proposition, team members, industry analysis, target market, marketing plan, revenue model, implementation time, financial summary, funding requirements and contact information. To design a startup one pager, you should create an outline ...
Download One-Page Business Plan Template. Excel | Word | PDF | Smartsheet. Use this one-page business plan template — designed to be simple, organized, and easy to use — to immediately get started on your plan. Write down your thoughts and key ideas as you decide if your business concept is viable, and adjust it as circumstances change.
Secondly, don't get stuck at this phase. If you have to, time yourself. Set a time limit of 45 minutes (or whatever amount makes sense for you). And when the timer's up, it's time to get back to work actually starting or building your business. Finally, use this one page business plan as a compass, but be flexible.
Step-by-step guidance and world-class support from the #1 business planning software. The quickest way to turn a business idea into a business plan. Fill-in-the-blanks and automatic financials make it easy. Download our free One-Page Business Plan Template for a quick and easy way to plan your business. Over 21K downloads.
Step 7: Preview Your Marketing Strategy. You know how much revenue you need to be profitable. Now it's time to think about how to gain that revenue as you plan out your marketing strategy. Remember, this is a one-page plan, so don't list every detail. For now, though, you should keep a few things in mind.
How to Write a Viable Business Plan on One Page
Operations software. Free and premium plans. To save time and get your business venture off to a winning start, download HubSpot's free one-page business plan template in Word or PDF and fill it in.
A one-page plan is easier to read, share and understand. By boiling down your business plan into one page with only the most important elements, you are better able to 1) focus on the key action items your business must accomplish and 2) present your vision and plan to your team in a way that won't overwhelm them and will allow them to most ...
One Page Business Plan [2024] Most entrepreneurs and business owners don't need a 50 or 100 page business plan. A shorter plan will do. In fact, there are numerous one page business plan templates and frameworks that can get you started. This guide and the free resources below can help you write your one page business plan (or a traditional ...
How to Write a Business Plan: Guide + Examples
What to include in a business plan one-pager. We've identified 11 key elements that should be included in every highly effective business plan one-pager. 11 critical slides included in a business plan one-pager: 1. Title slide 2. Unique value proposition 3. Company overview 4. The problem you are solving 5.
Before you write a one-page business plan, it's helpful to get familiar with the various types of templates available and decide which one is best for your needs. Startup one-page business plan template. Writing a business plan for a startup is a very different process than creating a plan for an established business. Startups are beginning ...
Create an outline. Plot the most important business plan elements and consider how much space you have for each topic. To make sure it's all on one page, you can layout a basic format before entering information. This way, you can understand how much room you have for each topic and plan your statements accordingly. 3.
Writing a one-page business plan is simple. You can create a business plan from scratch or use a free template like the one above to stay on track, but generally, the steps to writing a one-page business plan include: Start with a short executive summary and value proposition to introduce your business.
Write your business plan - SBA
Writing a one-page business plan is simple, mainly when you use a template to help you get started. A one-page business plan should cover the following sections: Step 1 - Business Overview. It would be best if you discussed essential facts about your business and its identifying information, such as:
Unlike traditional business plans that can span dozens of pages, a one-page business plan condenses the essential elements into a single, succinct document. At its core, a one-page business plan is a strategic tool that outlines your business objectives, strategies, and action steps in a clear and concise manner.
The idea here is to speak about growth as much as you can. Step 3: Evoke emotion. Another part of your one-page business plan is the story, and a huge part of the story is your mission for wanting ...
A one-page business plan is a standalone concise document that provides financial and strategic information about your business. On the other hand, an executive summary is a section that is included in a traditional comprehensive business plan. The aim of an executive summary is to grab the reader's attention.
A one-page business plan simplifies the planning process by condensing all essential elements onto a single page. It is designed to provide clarity and guide actions, making it easier to take decisive steps. Contrasts with traditional business plans, which can be complex and lead to analysis paralysis.
A complete, thoughtful business plan can help you recruit executive leaders, pitch investors and win grants. But sometimes you just need a one-page business plan to get your foot in the door. A condensed business plan can act as an elevator pitch to pique the interest of a startup incubator, bank or other business partner.
In this webinar, you will learn how to write a one-page business plan for your business. We'll also discuss how writing a one-page business plan can help you organize your ideas and allow you to be focused and concise about your business goals. Our expert presenter will show you each element of the one-page business plan, including identifying the problem your business solves, your value ...
Also called a traditional business plan, it is on average 50+ pages written in business language. You need this document to impress others outside the company, such as investors. So, if you are meeting with a potential investor, you would present them a regular business plan as opposed to a one-page plan. A one-page business plan answers the ...