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In a financial landscape dominated by volatility, a well-crafted, high level business plan that takes into account all the major variables is an invaluable tool – albeit an often overlooked one – in any entrepreneurs’ arsenal. To lend a hand with the groundwork, we have created the business plan timeline template, which you can download free of charge and update with your company’s specifics.
Entrepreneurs have a wide array of frameworks at their disposal to map a venture’s trajectory through the economic landscape. However, opting for a timeline format to create a business plan has multiple advantages, such as the ability to:
Furthermore, starting out with a business plan timeline example may allow you to discover things you overlooked or detect faults in the original concept. Remember, anything you build is only as strong as its foundation!
Not only will you be able to avoid pouring funds into fixing issues this way, but it will also allow you to create a much stronger plan to present before your investors. But if well-made business plans are the cornerstones of success, why are they often treated superficially?
When they first sit down to sketch out the details of their venture, many entrepreneurs don’t know how to get the ball rolling. There are so many aspects to consider! How in-depth should the plan be? What specifics do you need to touch on? What are the things that entice investors? In a constantly changing market, even the more seasoned veterans are sometimes stumped. That’s why working with a ready-made timeline template can help you focus your attention on the most important aspects and save you precious time.
At first glance, a single page plan might seem insufficient, even lazy. However, the idea behind it is to separate the wheat from the chaff. In other words, you trim down the superfluous details until you’re left only with the critical points. To do so, try to answer the following questions:
Doing your homework on these aspects will allow you to define clear goals and create an effective business plan timeline that you can then implement and tweak on-the-go. Otherwise, you risk getting bogged down in redundant details and you might even miss major opportunities.
Our business plan timeline template can be downloaded free of charge and updated as needed in PowerPoint, but it’s much faster and easier to do so with the Office Timeline add-in. Make an impression on your investors at the next meeting with a clear, concise and comprehensible plan to secure funding and transform your dream into a profitable reality.
Use the Office Timeline PowerPoint add-in to quickly update any of these timeline templates or create your own project visuals. Easily change the texts, dates, colors, shapes and styles of your timeline, right from inside PowerPoint.