Invoice Berry also provides marketing plans and executive summaries you can insert into your business plan.
The pro of going the free route is that, well, the templates are free.
Each section includes instructions explaining the type of information you should enter.
In addition, the template includes a SWOT analysis and optional technology plan.
The benefit of paying for business plan templates, or paying for having your business plan reviewed, is the accuracy of information and customization.
"Your audience gets thousands of applications per day.
The template starts with an executive summary and then guides you through the other elements, including the financial plan, company overview and more.
There's also a step-by-step guide for writing a business plan, and Bplans provides a library of sample business plans to ensure you're on the right track.
Legaltemplates' free business plan template is available for download, and once you complete it, you simply print it out.
You can also download a filled-in version to use as a reference.