January 30, 2018

Business Plan Template

January #1


After coming back from Winter Break, I’ve made a lot of progress within the month of January. Keeping in touch with Ms. Bernard, my business mentor, I started discussing with her about writing the formal business plan document for my product. She offered great support in finding helpful business plan templates and related practice that I can work on as a starter. We were amazed to see how many good, free, available resources there are online. Some websites that we found super useful are:

·      A complete Business Plan for a Start-up Business: https://www.score.org/resource/business-plan-template-startup-business, I’m starting with this one now. Besides formal business plan content, there are instructions and practice included as well.
·      Free Business and Financial Template Gallery: https://www.score.org/resource/business-planning-financial-statements-template-gallery
·      Free Sample Business Plans: https://www.bplans.com/sample_business_plans.php. There are also specific categories of business plan. I specifically looked into medical equipment, medical language translation, medical equipment developer, and medical software categories that applies to my product.

With these great resources, I’m starting to construct the frame of my own business plan. Hopefully I will complete an outline by the end of February, and I will talk more about it with Ms. Bernard when I encounter any questions in writing.

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