Business Plan Template (Page 5 of 6) in pdf

Business Plan Template Page 5

How many employees will you have and what will be their functions?

Create an application for employment to your business.

BUDGET

Starting Costs Budget: Determine how much money you’ll need to start your business. Create a costs

analysis sheet including items you already own/equity. Don’t forget: location costs (rent or

mortgage), upkeep, inventory, employees (see your answers on employment), equipment, utility bills

(electric, gas, heat, water), insurance, taxes, “rainy day” funds, and more. Include everything you

think you’ll want, and then asterisk (*) everything you can identify as a need.

After that budget is complete, determine: will you need a start up loan?

YES

How much will your start up loan be? _______________________

What will the monthly payment be on your loan? _____________________

What are the terms of the above payment? (months & principal) __________________

How much money do you need to maintain a month of your business running? __________________

Describe how you will gain income from your business. Will it be service or sales? What will your big

items be? What will your consistent sales be? Etc.

Business Plan Template Page 5