Creating a business plan for the coronavirus 

Our guide will help you change and support your business plan well during the coronavirus, whether you are starting a business or already have one. 

Download the Business Plan Guide (PDF, 434.1 kB) 
Template for a Business Plan (DOCX, 572.0 kB)

1. A look at business ideas at the beginning 

It's important to make a business plan whether you're starting a business or already have one. 
If you're starting from scratch with your business plan, we know it can be scary. So, we made a business plan structure form for you to use and a helpful guide to walk you through each part of the document. The guides ask clear questions that are meant to help you gather all the business data you need to make a complete plan of action. Once you know how to make a business plan, you'll understand why it's important to have these key pieces of information together. 
2. What a business plan can do for you 
Having and following through on a good business plan has a lot of important benefits for the outside world. Basically, it can help get money and support, and figure out how successful something is. It does this by giving you a clear way to show lenders, investors, and possible business partners your business plan outline, your goals, and how you'll reach them. 
It also helps people inside the company. As an example, they can help you spot possible problems before they happen, set up your finances efficiently, grow your business, and measure your success. 
You can get our Business Plan Guide to learn more. 
You can get the Business Plan Guide here. 

3. What needs to be in your business plan? 

An executive summary is a short summary of your business, its goals and objectives, and the goods or services it offers. 
• An outline of the market where you do business. 
• Who works with you on your business? 
• Both your short-term and long-term goals. 
• Your means and any outside money you might need. 
• The plans you have to sell your goods or services. 
• Your plans for getting your goods or service out there. 
• Plans for money. 
You can get our Business Plan Template to learn more. 
Get the template for a business plan here. 

4. Talking about your goals 

Your idea should have an effect and be remembered in a good way. 
Keep it short and to the point. Make it easy to read and sure of itself. 
Don't get too personal in your talk. 
Make it clear what your business does and what you want it to achieve. What you do, who you are, what you have to give, and what the market looks like are all parts of this. For more details, look at our Market Reports. Check to see if your idea will work. Use your plan once you've made it. Keeping it up to date will help you see how your business is growing. 

5. Ongoing business planning 

Anytime your company changes or grows, your business plan should change too. It might look like more work, but it's the same structure as your original business plan. It will help you keep your business on track, avoid bad surprises, be more fluid, and adjust to new situations. We all know that things will always be different, whether it's the market, your workers, the government, or your own life. 
The name for it is the business planning cycle. Whatever you decide is best for your business. It can happen once a month, three times a year, or every six months, and you can choose which important people to include. Though, we suggest a process that you do over and over again to stay on top of everything. Your business growth plan goals are more likely to be met if you regularly compare your progress to the plans and goals you've set. For more information, see our guide on how to set goals and key performance measures. 

6. Talk to ProMunim 

Our offers will help you make a business plan and finish it as well as you can. You can also call your local ProMunim branch office. Our Business Planning ProMunim will be able to help you with more things, like making your business plan better and talking about growth plans.