Money, pricing & model

How do I write a business plan, step by step?

Write it for the person who will read it. For a bank or a MUDRA loan (up to ₹10 lakh, or ₹20 lakh under Tarun Plus if you repaid an earlier Tarun loan), write a project report: the business, the market, the cost of the project and how it will be funded, and three years of projected profit and loss, cash flow and loan repayment. For investors, write a pitch deck instead, in Sequoia's order: company purpose, problem, solution, why now, market potential, competition, business model, team, financials. For yourself, a one-page Lean Canvas is enough. Either way, start with the customer and the problem, put the numbers in a spreadsheet with every assumption written beside them, and rewrite the plan once customers show which assumptions were wrong. The US SBA guide walks through the traditional sections one by one.

Part of Business plan on eChai Explore.

Go deeper

6 resources, 6 link-checked.

📄 Article
✓ Link checked Free Beginner

The SBA's guide to the two kinds of business plan, traditional and lean startup, with what goes in each section of a traditional plan and example plans.

Write your business plan

From sba.gov by U.S. Small Business Administration 15 min

  • Pick the lean format unless a lender or investor asks for the traditional one.
  • Use the section list as a checklist, not a template to fill for its own sake.
Open sba.gov →
✍️ Essay
✓ Link checked Free Beginner

Steve Blank is the person who most clearly made the case against planning everything and then unveiling it in one big moment. His argument is that the plan you build before you talk to real customers is mostly untested assumptions, so a loud coordinated launch bets the company on guesses. If your co-founder wants the big reveal, this is the sharpest starting point for why shipping quietly and learning first is usually the safer bet.

No Business Plan Survives First Contact With Customers. 2 Minutes to See Why

From steveblank.com by Steve Blank 5 min read

  • A launch plan built before real customer contact is a list of assumptions, not facts, so treat it as something to test rather than execute.
  • Iterative, cohort-by-cohort rollout lets you fix the product and the messaging before you spend on reach.
  • The big-bang launch magnifies whatever you got wrong, because you find out at scale instead of quietly.
Open steveblank.com →
🛠️ Tool
✓ Link checked India Free Beginner

The official MUDRA site for loans to non-corporate, non-farm micro and small enterprises: up to ₹10 lakh, and up to ₹20 lakh under Tarun Plus for those who have repaid an earlier Tarun loan. It also warns that MUDRA uses no agents or middlemen.

Pradhan Mantri MUDRA Yojana

From mudra.org.in by MUDRA (Ministry of Finance)

  • Apply through a bank, NBFC or MFI directly; no agent is needed.
  • Your project report is what the lender reads, so keep its numbers consistent.
Open mudra.org.in →
📋 Template
✓ Link checked Free Beginner

The de facto global standard for pitch deck structure, straight from Sequoia. The same outline Airbnb's founders used; if you follow one template, follow this one.

Writing a Business Plan (The Sequoia Pitch Deck Template)

From Sequoia Capital by Sequoia Capital 10 min read

  • Ten-slide structure: purpose, problem, solution, why now, market size, competition, product, model, team, financials
  • Define your company in a single declarative sentence up front
  • One idea per slide; the deck earns the meeting, it doesn't answer everything
Open sequoiacap.com →
📋 Template
✓ Link checked Freemium Beginner

A one page template that forces you to write down the problem, the customer, and why you are placed to solve it, all on a single sheet you can revise fast. Filling it in surfaces the weak spots in your idea quickly, especially whether the customer group is reachable and the problem is specific. Use it as a scoring sheet for a new idea rather than a formal business plan.

Lean Canvas

From leanfoundry.com by Ash Maurya one page

  • Forces problem and customer to the front, ahead of the solution
  • One page makes gaps and hand-waving in your idea obvious
  • Cheap to redo, so you can compare several ideas side by side
Open leanspark.ai →
📋 Template
✓ Link checked Free Beginner

The actual one-page canvas, free to print or copy into a doc, so you can fill it in within the hour instead of reading a whole book first. Use it before your first round of customer conversations to write down what you think is true, then use it again after to see what actually changed.

Lean Canvas template

From LEANSTACK by Ash Maurya

  • Fill in customer segment and problem before solution, in that order.
  • Leave boxes blank rather than guessing, a blank box tells you what to go find out.
  • Keep one canvas per customer segment if you are testing more than one type of user.
Open leanstack.s3.amazonaws.com →

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