A great business plan template will also provide instructions for each step of your plan and show you what an investor-ready and SBA-approved business plan should look like.
Cons of using a business plan template: While there are benefits to using a business plan template, depending on your situation it may not be the best way to complete your plan. For instance, not only do you have to complete the financial spreadsheets, but you have to do the math yourself.
It's a good thing Live Plan comes stocked with over 500 free, full-length sample business plans for you to use as inspiration.
When working on any part of your plan, you can easily access our full library and browse real sample content for all sorts of businesses.
Find an example that works for you and personalize it to fit your business.
That best way to find out whether you do or not is to do your research and write a business plan to see if your idea is feasible.
While the specifics of your actual business will differ, the elements you'll want to include in your restaurant's business plan are likely to be very similar—and they're all included in Live Plan.
Read through as many sample business plans as you like to see how it's done and get inspired.
And if you really want to, you can even copy and paste sections to use in your own plan.
We've collected these sample plans over more than 15 years, most through generous donations from happy customers who used our software and wanted to share their successful plans with others.