24 of My Favorite Sample Business Plans & Examples For Your Inspiration

Clifford Chi

Published: February 06, 2024

I believe that reading sample business plans is essential when writing your own.

sample business plans and examples

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As you explore business plan examples from real companies and brands, it’s easier for you to learn how to write a good one.

But what does a good business plan look like? And how do you write one that’s both viable and convincing. I’ll walk you through the ideal business plan format along with some examples to help you get started.

Table of Contents

Business Plan Format

Business plan types, sample business plan templates, top business plan examples.

Ask any successful sports coach how they win so many games, and they’ll tell you they have a unique plan for every single game. To me, the same logic applies to business.

If you want to build a thriving company that can pull ahead of the competition, you need to prepare for battle before breaking into a market.

Business plans guide you along the rocky journey of growing a company. And if your business plan is compelling enough, it can also convince investors to give you funding.

With so much at stake, I’m sure you’re wondering where to begin.

my future business plan essay

Free Business Plan Template

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Click this link to access this resource at any time.

Fill out the form to get your free template.

First, you’ll want to nail down your formatting. Most business plans include the following sections.

1. Executive Summary

I’d say the executive summary is the most important section of the entire business plan. 

Why? Essentially, it's the overview or introduction, written in a way to grab readers' attention and guide them through the rest of the business plan. This is important, because a business plan can be dozens or hundreds of pages long.

There are two main elements I’d recommend including in your executive summary:

Company Description

This is the perfect space to highlight your company’s mission statement and goals, a brief overview of your history and leadership, and your top accomplishments as a business.

Tell potential investors who you are and why what you do matters. Naturally, they’re going to want to know who they’re getting into business with up front, and this is a great opportunity to showcase your impact.

Need some extra help firming up those business goals? Check out HubSpot Academy’s free course to help you set goals that matter — I’d highly recommend it

Products and Services

To piggyback off of the company description, be sure to incorporate an overview of your offerings. This doesn’t have to be extensive — just another chance to introduce your industry and overall purpose as a business.

In addition to the items above, I recommend including some information about your financial projections and competitive advantage here too.:

Keep in mind you'll cover many of these topics in more detail later on in the business plan. So, keep the executive summary clear and brief, and only include the most important takeaways.

Executive Summary Business Plan Examples

This example was created with HubSpot’s business plan template:

business plan sample: Executive Summary Example

This executive summary is so good to me because it tells potential investors a short story while still covering all of the most important details.

Business plans examples: Executive Summary

Image Source

Tips for Writing Your Executive Summary

  • Start with a strong introduction of your company, showcase your mission and impact, and outline the products and services you provide.
  • Clearly define a problem, and explain how your product solves that problem, and show why the market needs your business.
  • Be sure to highlight your value proposition, market opportunity, and growth potential.
  • Keep it concise and support ideas with data.
  • Customize your summary to your audience. For example, emphasize finances and return on investment for venture capitalists.

Check out our tips for writing an effective executive summary for more guidance.

2. Market Opportunity

This is where you'll detail the opportunity in the market.

The main question I’d ask myself here is this: Where is the gap in the current industry, and how will my product fill that gap?

More specifically, here’s what I’d include in this section:

  • The size of the market
  • Current or potential market share
  • Trends in the industry and consumer behavior
  • Where the gap is
  • What caused the gap
  • How you intend to fill it

To get a thorough understanding of the market opportunity, you'll want to conduct a TAM, SAM, and SOM analysis and perform market research on your industry.

You may also benefit from creating a SWOT analysis to get some of the insights for this section.

Market Opportunity Business Plan Example

I like this example because it uses critical data to underline the size of the potential market and what part of that market this service hopes to capture.

Business plans examples: Market Opportunity

Tips for Writing Your Market Opportunity Section

  • Focus on demand and potential for growth.
  • Use market research, surveys, and industry trend data to support your market forecast and projections.
  • Add a review of regulation shifts, tech advances, and consumer behavior changes.
  • Refer to reliable sources.
  • Showcase how your business can make the most of this opportunity.

3. Competitive Landscape

Since we’re already speaking of market share, you'll also need to create a section that shares details on who the top competitors are.

After all, your customers likely have more than one brand to choose from, and you'll want to understand exactly why they might choose one over another.

My favorite part of performing a competitive analysis is that it can help you uncover:

  • Industry trends that other brands may not be utilizing
  • Strengths in your competition that may be obstacles to handle
  • Weaknesses in your competition that may help you develop selling points
  • The unique proposition you bring to the market that may resonate with customers

Competitive Landscape Business Plan Example

I like how the competitive landscape section of this business plan below shows a clear outline of who the top competitors are.

Business plans examples: Competitive Landscape

It also highlights specific industry knowledge and the importance of location, which shows useful experience in this specific industry. 

This can help build trust in your ability to execute your business plan.

Tips for Writing Your Competitive Landscape

  • Complete in-depth research, then emphasize your most important findings.
  • Compare your unique selling proposition (USP) to your direct and indirect competitors.
  • Show a clear and realistic plan for product and brand differentiation.
  • Look for specific advantages and barriers in the competitive landscape. Then, highlight how that information could impact your business.
  • Outline growth opportunities from a competitive perspective.
  • Add customer feedback and insights to support your competitive analysis.

4. Target Audience

Use this section to describe who your customer segments are in detail. What is the demographic and psychographic information of your audience?

If your immediate answer is "everyone," you'll need to dig deeper. Here are some questions I’d ask myself here:

  • What demographics will most likely need/buy your product or service?
  • What are the psychographics of this audience? (Desires, triggering events, etc.)
  • Why are your offerings valuable to them?

I’d also recommend building a buyer persona to get in the mindset of your ideal customers and be clear on why you're targeting them.

Target Audience Business Plan Example

I like the example below because it uses in-depth research to draw conclusions about audience priorities. It also analyzes how to create the right content for this audience.

Business plans examples: Target Audience

Tips for Writing Your Target Audience Section

  • Include details on the size and growth potential of your target audience.
  • Figure out and refine the pain points for your target audience , then show why your product is a useful solution.
  • Describe your targeted customer acquisition strategy in detail.
  • Share anticipated challenges your business may face in acquiring customers and how you plan to address them.
  • Add case studies, testimonials, and other data to support your target audience ideas.
  • Remember to consider niche audiences and segments of your target audience in your business plan.

5. Marketing Strategy

Here, you'll discuss how you'll acquire new customers with your marketing strategy. I’d suggest including information:

  • Your brand positioning vision and how you'll cultivate it
  • The goal targets you aim to achieve
  • The metrics you'll use to measure success
  • The channels and distribution tactics you'll use

I think it’s helpful to have a marketing plan built out in advance to make this part of your business plan easier.

Marketing Strategy Business Plan Example

This business plan example includes the marketing strategy for the town of Gawler.

In my opinion, it really works because it offers a comprehensive picture of how they plan to use digital marketing to promote the community.

Business plans examples: Marketing Strategy

Tips for Writing Your Marketing Strategy

  • Include a section about how you believe your brand vision will appeal to customers.
  • Add the budget and resources you'll need to put your plan in place.
  • Outline strategies for specific marketing segments.
  • Connect strategies to earlier sections like target audience and competitive analysis.
  • Review how your marketing strategy will scale with the growth of your business.
  • Cover a range of channels and tactics to highlight your ability to adapt your plan in the face of change.

6. Key Features and Benefits

At some point in your business plan, you'll need to review the key features and benefits of your products and/or services.

Laying these out can give readers an idea of how you're positioning yourself in the market and the messaging you're likely to use. It can even help them gain better insight into your business model.

Key Features and Benefits Business Plan Example

In my opinion, the example below does a great job outlining products and services for this business, along with why these qualities will attract the audience.

Business plans examples: Key Features and Benefits

Tips for Writing Your Key Features and Benefits

  • Emphasize why and how your product or service offers value to customers.
  • Use metrics and testimonials to support the ideas in this section.
  • Talk about how your products and services have the potential to scale.
  • Think about including a product roadmap.
  • Focus on customer needs, and how the features and benefits you are sharing meet those needs.
  • Offer proof of concept for your ideas, like case studies or pilot program feedback.
  • Proofread this section carefully, and remove any jargon or complex language.

7. Pricing and Revenue

This is where you'll discuss your cost structure and various revenue streams. Your pricing strategy must be solid enough to turn a profit while staying competitive in the industry. 

For this reason, here’s what I’d might outline in this section:

  • The specific pricing breakdowns per product or service
  • Why your pricing is higher or lower than your competition's
  • (If higher) Why customers would be willing to pay more
  • (If lower) How you're able to offer your products or services at a lower cost
  • When you expect to break even, what margins do you expect, etc?

Pricing and Revenue Business Plan Example

I like how this business plan example begins with an overview of the business revenue model, then shows proposed pricing for key products.

Business plans examples: Pricing and Revenue

Tips for Writing Your Pricing and Revenue Section

  • Get specific about your pricing strategy. Specifically, how you connect that strategy to customer needs and product value.
  • If you are asking a premium price, share unique features or innovations that justify that price point.
  • Show how you plan to communicate pricing to customers.
  • Create an overview of every revenue stream for your business and how each stream adds to your business model as a whole.
  • Share plans to develop new revenue streams in the future.
  • Show how and whether pricing will vary by customer segment and how pricing aligns with marketing strategies.
  • Restate your value proposition and explain how it aligns with your revenue model.

8. Financials

To me, this section is particularly informative for investors and leadership teams to figure out funding strategies, investment opportunities, and more.

 According to Forbes , you'll want to include three main things:

  • Profit/Loss Statement - This answers the question of whether your business is currently profitable.
  • Cash Flow Statement - This details exactly how much cash is incoming and outgoing to give insight into how much cash a business has on hand.
  • Balance Sheet - This outlines assets, liabilities, and equity, which gives insight into how much a business is worth.

While some business plans might include more or less information, these are the key details I’d include in this section.

Financials Business Plan Example

This balance sheet is a great example of level of detail you’ll need to include in the financials section of your business plan.

Business plans examples: Financials

Tips for Writing Your Financials Section

  • Growth potential is important in this section too. Using your data, create a forecast of financial performance in the next three to five years.
  • Include any data that supports your projections to assure investors of the credibility of your proposal.
  • Add a break-even analysis to show that your business plan is financially practical. This information can also help you pivot quickly as your business grows.
  • Consider adding a section that reviews potential risks and how sensitive your plan is to changes in the market.
  • Triple-check all financial information in your plan for accuracy.
  • Show how any proposed funding needs align with your plans for growth.

As you create your business plan, keep in mind that each of these sections will be formatted differently. Some may be in paragraph format, while others could be charts or graphs.

The formats above apply to most types of business plans. That said, the format and structure of your plan will vary by your goals for that plan. 

So, I’ve added a quick review of different business plan types. For a more detailed overview, check out this post .

1. Startups

Startup business plans are for proposing new business ideas.

If you’re planning to start a small business, preparing a business plan is crucial. The plan should include all the major factors of your business.

You can check out this guide for more detailed business plan inspiration .

2. Feasibility Studies

Feasibility business plans focus on that business's product or service. Feasibility plans are sometimes added to startup business plans. They can also be a new business plan for an already thriving organization.

3. Internal Use

You can use internal business plans to share goals, strategies, or performance updates with stakeholders. In my opinion, internal business plans are useful for alignment and building support for ambitious goals.

4. Strategic Initiatives

Another business plan that's often for sharing internally is a strategic business plan. This plan covers long-term business objectives that might not have been included in the startup business plan.

5. Business Acquisition or Repositioning

When a business is moving forward with an acquisition or repositioning, it may need extra structure and support. These types of business plans expand on a company's acquisition or repositioning strategy.

Growth sometimes just happens as a business continues operations. But more often, a business needs to create a structure with specific targets to meet set goals for expansion. This business plan type can help a business focus on short-term growth goals and align resources with those goals.

Now that you know what's included and how to format a business plan, let's review some of my favorite templates.

1. HubSpot's One-Page Business Plan

Download a free, editable one-page business plan template..

The business plan linked above was created here at HubSpot and is perfect for businesses of any size — no matter how many strategies we still have to develop.

Fields such as Company Description, Required Funding, and Implementation Timeline give this one-page business plan a framework for how to build your brand and what tasks to keep track of as you grow.

Then, as the business matures, you can expand on your original business plan with a new iteration of the above document.

Why I Like It

This one-page business plan is a fantastic choice for the new business owner who doesn’t have the time or resources to draft a full-blown business plan. It includes all the essential sections in an accessible, bullet-point-friendly format. That way, you can get the broad strokes down before honing in on the details.

2. HubSpot's Downloadable Business Plan Template

Sample business plan: hubspot free editable pdf

We also created a business plan template for entrepreneurs.

The template is designed as a guide and checklist for starting your own business. You’ll learn what to include in each section of your business plan and how to do it.

There’s also a list for you to check off when you finish each section of your business plan.

Strong game plans help coaches win games and help businesses rocket to the top of their industries. So if you dedicate the time and effort required to write a workable and convincing business plan, you’ll boost your chances of success and even dominance in your market.

This business plan kit is essential for the budding entrepreneur who needs a more extensive document to share with investors and other stakeholders.

It not only includes sections for your executive summary, product line, market analysis, marketing plan, and sales plan, but it also offers hands-on guidance for filling out those sections.

3. LiveFlow’s Financial Planning Template with built-in automation

Sample Business Plan: LiveFLow

This free template from LiveFlow aims to make it easy for businesses to create a financial plan and track their progress on a monthly basis.

The P&L Budget versus Actual format allows users to track their revenue, cost of sales, operating expenses, operating profit margin, net profit, and more.

The summary dashboard aggregates all of the data put into the financial plan sheet and will automatically update when changes are made.

Instead of wasting hours manually importing your data to your spreadsheet, LiveFlow can also help you to automatically connect your accounting and banking data directly to your spreadsheet, so your numbers are always up-to-date.

With the dashboard, you can view your runway, cash balance, burn rate, gross margins, and other metrics. Having a simple way to track everything in one place will make it easier to complete the financials section of your business plan.

This is a fantastic template to track performance and alignment internally and to create a dependable process for documenting financial information across the business. It’s highly versatile and beginner-friendly.

It’s especially useful if you don’t have an accountant on the team. (I always recommend you do, but for new businesses, having one might not be possible.)

4. ThoughtCo’s Sample Business Plan

sample business plan: ThoughtCo.

One of the more financially oriented sample business plans in this list, BPlan’s free business plan template dedicates many of its pages to your business’s financial plan and financial statements.

After filling this business plan out, your company will truly understand its financial health and the steps you need to take to maintain or improve it.

I absolutely love this business plan template because of its ease-of-use and hands-on instructions (in addition to its finance-centric components). If you feel overwhelmed by the thought of writing an entire business plan, consider using this template to help you with the process.

6. Harvard Business Review’s "How to Write a Winning Business Plan"

Most sample business plans teach you what to include in your business plan, but this Harvard Business Review article will take your business plan to the next level — it teaches you the why and how behind writing a business plan.

With the guidance of Stanley Rich and Richard Gumpert, co-authors of " Business Plans That Win: Lessons From the MIT Enterprise Forum ", you'll learn how to write a convincing business plan that emphasizes the market demand for your product or service.

You’ll also learn the financial benefits investors can reap from putting money into your venture rather than trying to sell them on how great your product or service is.

This business plan guide focuses less on the individual parts of a business plan, and more on the overarching goal of writing one. For that reason, it’s one of my favorites to supplement any template you choose to use. Harvard Business Review’s guide is instrumental for both new and seasoned business owners.

7. HubSpot’s Complete Guide to Starting a Business

If you’re an entrepreneur, you know writing a business plan is one of the most challenging first steps to starting a business.

Fortunately, with HubSpot's comprehensive guide to starting a business, you'll learn how to map out all the details by understanding what to include in your business plan and why it’s important to include them. The guide also fleshes out an entire sample business plan for you.

If you need further guidance on starting a business, HubSpot's guide can teach you how to make your business legal, choose and register your business name, and fund your business. It will also give small business tax information and includes marketing, sales, and service tips.

This comprehensive guide will walk you through the process of starting a business, in addition to writing your business plan, with a high level of exactitude and detail. So if you’re in the midst of starting your business, this is an excellent guide for you.

It also offers other resources you might need, such as market analysis templates.

8. Panda Doc’s Free Business Plan Template

sample business plan: Panda Doc

PandaDoc’s free business plan template is one of the more detailed and fleshed-out sample business plans on this list. It describes what you should include in each section, so you don't have to come up with everything from scratch.

Once you fill it out, you’ll fully understand your business’ nitty-gritty details and how all of its moving parts should work together to contribute to its success.

This template has two things I love: comprehensiveness and in-depth instructions. Plus, it’s synced with PandaDoc’s e-signature software so that you and other stakeholders can sign it with ease. For that reason, I especially love it for those starting a business with a partner or with a board of directors.

9. Small Business Administration Free Business Plan Template

sample business plan: Small Business Administration

The Small Business Administration (SBA) offers several free business plan templates that can be used to inspire your own plan.

Before you get started, you can decide what type of business plan you need — a traditional or lean start-up plan.

Then, you can review the format for both of those plans and view examples of what they might look like.

We love both of the SBA’s templates because of their versatility. You can choose between two options and use the existing content in the templates to flesh out your own plan. Plus, if needed, you can get a free business counselor to help you along the way.

I’ve compiled some completed business plan samples to help you get an idea of how to customize a plan for your business.

I chose different types of business plan ideas to expand your imagination. Some are extensive, while others are fairly simple.

Let’s take a look.

1. LiveFlow

business plan example: liveflow

One of the major business expenses is marketing. How you handle your marketing reflects your company’s revenue.

I included this business plan to show you how you can ensure your marketing team is aligned with your overall business plan to get results. The plan also shows you how to track even the smallest metrics of your campaigns, like ROI and payback periods instead of just focusing on big metrics like gross and revenue.

Fintech startup, LiveFlow, allows users to sync real-time data from its accounting services, payment platforms, and banks into custom reports. This eliminates the task of pulling reports together manually, saving teams time and helping automate workflows.

"Using this framework over a traditional marketing plan will help you set a profitable marketing strategy taking things like CAC, LTV, Payback period, and P&L into consideration," explains LiveFlow co-founder, Lasse Kalkar .

When it came to including marketing strategy in its business plan, LiveFlow created a separate marketing profit and loss statement (P&L) to track how well the company was doing with its marketing initiatives.

This is a great approach, allowing businesses to focus on where their marketing dollars are making the most impact. Having this information handy will enable you to build out your business plan’s marketing section with confidence. LiveFlow has shared the template here . You can test it for yourself.

2. Lula Body

Business plan example: Lula body

Sometimes all you need is a solid mission statement and core values to guide you on how to go about everything. You do this by creating a business plan revolving around how to fulfill your statement best.

For example, Patagonia is an eco-friendly company, so their plan discusses how to make the best environmentally friendly products without causing harm.

A good mission statement  should not only resonate with consumers but should also serve as a core value compass for employees as well.

Patagonia has one of the most compelling mission statements I’ve seen:

"Together, let’s prioritise purpose over profit and protect this wondrous planet, our only home."

It reels you in from the start, and the environmentally friendly theme continues throughout the rest of the statement.

This mission goes on to explain that they are out to "Build the best product, cause no unnecessary harm, and use business to protect nature."

Their mission statement is compelling and detailed, with each section outlining how they will accomplish their goal.

4. Vesta Home Automation

business plan example: Vesta executive summary

This executive summary for a smart home device startup is part of a business plan created by students at Mount Royal University .

While it lacks some of the sleek visuals of the templates above, its executive summary does a great job of demonstrating how invested they are in the business.

Right away, they mention they’ve invested $200,000 into the company already, which shows investors they have skin in the game and aren’t just looking for someone else to foot the bill.

This is the kind of business plan you need when applying for business funds. It clearly illustrates the expected future of the company and how the business has been coming along over the years.

5. NALB Creative Center

business plan examples: nalb creative center

This fictional business plan for an art supply store includes everything one might need in a business plan: an executive summary, a company summary, a list of services, a market analysis summary, and more.

One of its most notable sections is its market analysis summary, which includes an overview of the population growth in the business’ target geographical area, as well as a breakdown of the types of potential customers they expect to welcome at the store. 

This sort of granular insight is essential for understanding and communicating your business’s growth potential. Plus, it lays a strong foundation for creating relevant and useful buyer personas .

It’s essential to keep this information up-to-date as your market and target buyer changes. For that reason, you should carry out market research as often as possible to ensure that you’re targeting the correct audience and sharing accurate information with your investors.

Due to its comprehensiveness, it’s an excellent example to follow if you’re opening a brick-and-mortar store and need to get external funding to start your business .

6. Curriculum Companion Suites (CSS)

business plan examples: curriculum companion suites

If you’re looking for a SaaS business plan example, look no further than this business plan for a fictional educational software company called Curriculum Companion Suites. 

Like the business plan for the NALB Creative Center, it includes plenty of information for prospective investors and other key stakeholders in the business.

One of the most notable features of this business plan is the executive summary, which includes an overview of the product, market, and mission.

The first two are essential for software companies because the product offering is so often at the forefront of the company’s strategy. Without that information being immediately available to investors and executives, then you risk writing an unfocused business plan.

It’s essential to front-load your company’s mission if it explains your "Why?" and this example does just that. In other words, why do you do what you do, and why should stakeholders care? This is an important section to include if you feel that your mission will drive interest in the business and its offerings.

7. Culina Sample Business Plan

sample business plan: Culina

Culina's sample business plan is an excellent example of how to lay out your business plan so that it flows naturally, engages readers, and provides the critical information investors and stakeholders need. 

You can use this template as a guide while you're gathering important information for your own business plan. You'll have a better understanding of the data and research you need to do since Culina’s plan outlines these details so flawlessly for inspiration.

8. Plum Sample Business Plan

Sample business plan: Plum

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The Future of the Business Plan When things get rocky, what will keep you on point and on mission? What can you refer to, ensuring you aren't straying from your original vision? The right business plan can go a long way.

By Pieter Scholtz Apr 11, 2019

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur South Africa, an international franchise of Entrepreneur Media.

Business plans are a lot like maps and GPSes. If the organisational journey is proceeding smoothly, you may believe you don't need one. Indeed, there's a school of thought — backed by certain research — that says starting out with a formal plan is no predictor of success and it's better to get out there and test your concept in a real-world environment.

These naysayers argue that most business plans are theoretical, unrealistic and go out the window the first time the entrepreneur encounters an unforeseen hurdle.

Refer to the original vision

But the pro-business plan lobby argues that, when market conditions unexpectedly change and you're thrown into disarray, it's important to refer to the original vision and belief system that you started out with. These will help to keep you grounded and avoid going off at tangents every time you hit an obstacle.

A plan also helps to prioritise your daily activities. Without it, everything becomes urgent and the resulting chaos will destroy your work/life balance and leave you feeling overwhelmed. If you are more than a one-person operation, a business plan enables company teams to align their activities to the overall vision and to work congruently to achieve the same goals.

William B. Gartner, an entrepreneurship professor at Clemson University in the US, believes business plans are essential.

After analysing data from a survey of more than 800 people starting businesses, he found that writing a plan greatly increased the chances of actually going into business.

"You're two-and-a-half times more likely to get into business," he observes. "That's powerful." Alyssa Gregory, an entrepreneur and writer for the likes of Forbes and the New York Times, says the process of putting together a business plan can help with new ideas, different approaches and fresh perspectives.

"An effective business plan is a flexible, growing and dynamic tool that can help you think creatively and come up with new solutions for some of your toughest business challenges," she says.

Keep the plan simple

However, the thinking around the required depth and complexity of a business plan has changed. A decade or two ago, management gurus advocated elaborate 40-page plans with detailed sections covering objectives, mission, organisational structure, target market, customer behaviour, competitive advantage, marketing strategy, sales forecasts and financial projections.

These days, unless you're seeking outside investors or looking for a bank loan that requires a detailed risk analysis, the move is towards shorter and simpler documents of no more than a page.

The reasons for this change are many. A lengthy document is likely to be unread — particularly by younger-generation employees with short attention spans. Even if it is read, it's unlikely to be remembered in detail because of its complexity.

So, opt for a one-page business plan that's easily digestible and lists only the important things like mission, vision, etc. Cut the fluff and keep the essence. If you've spent time preparing a longer plan, that's okay. Turn the key elements that will keep you focused on your goals and the bigger picture into short bullet points that will become your go-to business plan for regular use.

What should be in your one-pager? South Africa-based digital marketing and content strategist, Casandra Visser, suggests:

  • Vision - What are you building
  • Mission Statement - What you do, what your product/service is and who your customers are
  • Objectives - Your business goals for the next week, month or year
  • Strategies - How you plan to achieve your objectives
  • Action Plan - Steps you will take to action your strategies, including dates/deadlines.

Finally, remember that your plan is a living, breathing document that needs to be meaningful in a constantly changing business environment. So, break up your annual plan into quarterly plans that take into account micro and macro changes in your specific operating environment. Keep it relevant, keep it simple — and your business plan will be an invaluable asset in navigating your business journey.

Master Licensee

Pieter Scholtz is the Master Licensee for ActionCOACH South Africa . ActionCOACH is the world’s largest executive and business coaching company with operations in 41 countries. It is also on the list of the top 100 franchises globally. As a highly successful Business and Executive coach, Pieter is a master of teaching business owners how to turn their businesses around and accelerate their growth. Email him at [email protected] or phone 082 8813729.

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How to Write an Essay About My Future Plans

  • What Is An Essay About My Future Plans
  • Importance Of Future Plans Essay

Getting The Best Future Plans Essay

  • Catchy Titles For An Essay About My Future Plans

Starting Future Plans Essay

Writing body paragraphs.

  • Writing Conclusions For A Future Plans Essay

Finalizing Essay

  • Short Example Of A College Essay About My Future Plans

my future business plan essay

What Is an Essay About My Future Plans?

Future plans essays are written documents that present your goals and aspirations in life. It should showcase your end goal and how you aim to achieve it. It gives a deeper insight into you as a person and the direction in life you want to take. It can include resolutions about your career path, your settling plans, or your financial plan. It can be a powerful tool for bringing our dreams to reality. The bigger you think, the bigger you plan, the more chances there are for you to become what you want.

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Importance of Future Plans Essay

“Winging it” might sound like an excellent mantra for today’s generation, but in an ideal world, you must remain practical. In present times, we are all hustling to become the best version of ourselves, to improve our standard of living in the future. However, that is not possible unless you sit down and think about future plans properly, way ahead of time. It is only if you have the plan sorted out and the strategies in place that you can meet your intended and desired goals. Besides, you are working to save yourself a significant amount of time, money, and hard work. If you are sure about what you want from life, there is no getting sidetracked. You will be motivated to work towards your goal. Otherwise, you might end up wasting the prime years of your life trying to figure out your plans for the future. One excellent way is to encapsulate your ideas in essay form. It will also be helpful to you while applying for colleges and universities.

Catchy Titles for An Essay About My Future Plans

  • Where do I see myself in the next ten years?
  • A note to my future self
  • A recipe for future success
  • A blueprint for my plans
  • A guide for a perfect future
  • A conversation with my older self
  • The milestones I want to achieve
  • Engineer in the making
  • My strategic career action plan
  • Plan my future 101

Do not jump directly into writing; start with an outline instead. It is pretty easy to be forgetful about things when your mind is occupied while writing. If you face the issue of getting sidetracked midway through your writing, it will be solved. By following a blueprint, you will be including the details that are entirely relevant to your essay. You will see the bigger picture from the very start instead of just going with the flow. It might seem unnecessary and a waste of time, but an outline can save you a significant amount of time in the end. Also, the quality of future plans and goals essay will not be compromised. Why is that? Well, you will be jotting down all the significant points in advance so that when you start writing, no idea is missed.

Outline writing

“What are your plans for the future” is an essay written without an outline that is likely to be cataclysmic. Always begin your essay writing process by forming an outline that stays in line with the topic. For instance, when attempting a “what are future plans” essay, jot down all the points in chunks. So, your financial goals will fall in a different cluster than your family plans. Let’s just cut to the chase; you need to brainstorm first. Next, group the points that are somehow related. Give headings to those clusters, and voila, you have an outline!

Tips concerning writing a Future Plans essay introduction

A boring introduction is likely to provoke your reader to grab a coffee mug. Nobody wants that. Try to start with an engaging hook. In this case, you are writing about “what are your plans” and writing something lively. It will send good vibes to the reader as they will unconsciously receive the idea that your plans must be excellent. Next, give a background about your past achievements. Do not get carried away. This paragraph needs to be holistic yet short and crisp. The last line of your introduction part must serve as a bridge to the first body paragraph. Try to check a future plan example essay before you start with your essay.

Keep a strict check on the length of body paragraphs as they must be equal. Divide your plans for the future into several chunks. Every paragraph must be dedicated to one central area. The last line of each one should be written so that the reader does not feel in a different realm when they get to the next paragraph. Remember, your words must help the reader spiral down smoothly to the conclusion. So, transition words and connectors will help a lot.

Writing Conclusions for a Future Plans Essay

Now, most of you might have developed the habit of writing a conclusion carelessly. It is always treated as a foster child in the world of writing by many. Do not repeat this. Keep it as breezy as you wrote your introduction paragraph. A summary of your plans will not do justice. Instead, highlight the main points and end your essay with a positive future-oriented note. Before writing this essay, check out some future plan examples and not forget to see how people make future plans.

The last finishing touches before finalization of your essay require you to edit your work to perfection. Here it would help if you were doing the following:

Essay Revision

Revise your work for any structural or organizational problems. It means checking your paragraphing and the way you have used transitions throughout. Look out for instructions like the word count and formatting, and make sure you have done what is expected.

Essay Proofreading

It is a practice of going through your work again to identify any surface mistakes. These include typos, spelling mistakes as well as grammatical ones. You can take help from editing tools like Grammarly or turn towards a reliable friend to provide an unbiased and unfiltered review of your essay on future plans in life.

Make Citations

Finally, if your work demands you to insert references from other sources, do not forget to include them at the end of your essay about the future. A failure to do so, in that case, can mean a reduction in scores.

Short Example of a College Essay About My Future Plans

my future plans free essay example

My Future Plans Essay

It is said that the future is unpredictable. However, it does not mean that we cannot prepare and make plans for it. Having plans are like motivators; they guide us all along. I happen to have a clear set of goals and aims. It does not stop here, as there are plan Bs and Cs too. Being a college student, I am open to the thought of having much turbulence in life.

My education and career goals are somewhat elaborate. I want to get a business degree from the finest business school out there. In the long term, I expect to become a marketing manager. For this reason, I have started working as an unpaid intern in several marketing departments to get experience. Other than this, I am also offering free sales services. It will polish my negotiation skills as I ultimately want to be someone who runs a department.

Apart from the financial goals, I plan to visit the Grand Canyons. The adventurer inside me wants to experience an adrenaline rush in the wild. The plan does not end here as the mountaineer inside me wants to attempt a climb at Annapurna. I have been practicing mountain climbing all my life, which I have been looking forward to. Next year, I plan to visit Dubai. The famous base jump from Burj Khalifa is on my bucket list.

Speaking of the bucket list, I want to marry jill, my fiancé. We have been planning our wedding since forever. A house in the suburbs, two beautiful kids, and peaceful life is what I want. To give my family complete attention, I have started investing my savings in multiple businesses. So, in the long term, I will not have to worry about supporting myself and my family. Like the other adventures that I have planned, I want to go on multiple vacations with my family.

Future planning has helped me stay positive. It has aligned everything that I do with the more significant goals. Without this bucket list, I would have never wanted to work as an intern. The hustler inside me wants to go on all of the adventures, from the base jump and Annapurna to hosting a birthday party for my 2-year-old. My plans are huge yet achievable, and the catch is that I have to take every step mindfully and stay determined.

You should be confident enough by now to write a future planning essay by yourself. Although, there are other ways to go about it as well. These can make your life slightly more manageable. What are they? Let’s find out:

Buy Pre-written Essay Examples On The Topic

The widespread use of the internet has been changing lives globally. You can also benefit from it in this regard if you are still struggling with the idea of how to write a future plans essay. Use online writing services to acquire professional assistance for helping you come up with a plan. There are several options that you can avail of. However, you need to be careful while making your pick. Choose a website that is reliable and credible. One such option is EssayZoo. You can purchase pre-written essays to get fresh ideas if you are not sure about your plans.

Use EduJungles To Write Your Essay From A Scratch

Another technique for acing this task is to assign the professionals with precise requirements and wait for them to customize the essay just for you. Go to Edu Jungles and ask them: "Who will help me write my paper in an hour ?". They will ensure keeping your choices in consideration while crafting your essay. This way is a little bit more fitting, keeping in mind that an essay about the future is very personal and varies from person to person.

my future business plan essay

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Shortform Books

Shortform Books

The World's Best Book Summaries

A Future Plan for Business: Think Ahead & Build Profits

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This article is an excerpt from the Shortform summary of "Zero To One" by Peter Thiel. Shortform has the world's best summaries of books you should be reading.

Like this article? Sign up for a free trial here .

What makes a strong future plan for business? How do you form a future plan?

A future plan for business is exactly what it sounds like—creating a path forward for your business. But a future plan for business requires careful thought and planning, and you need to consider both short and long term goals.

Success Comes From a Strong Future Plan for Business

A future plan for business can be hard to create, since you don’t always know what drives success. Businesspeople debate whether success comes from luck or design. Some popular writers and leaders emphasize luck and downplay the importance of design or planning in contributing to success. This makes many people think planning—trying to shape the future—is pointless.

For instance, author Malcolm Gladwell writes in Outliers that success results from “lucky breaks and arbitrary advantages.” Warren Buffett notes that he was lucky to be born with certain qualities. Jeff Bezos and Bill Gates both claim luck played a role in their success.

It’s possible luck could play a role in an individual success, but luck isn’t sufficient to explain how the same person—for instance, Elon Musk, Jack Dorsey, Steve Jobs—could achieve a series of extraordinary, multibillion-dollar successes.

When Dorsey, the founder of Twitter and Square, tweeted in 2013 that “Success is never an accident,” most of the responses were dismissive, citing white male privilege over intelligent planning as the biggest factor in success. However, while connections, wealth, and experience—and luck—can be factors, in recent years, we’ve tended to ignore or overlook the importance of planning and forming a comprehensive company future plan.

In the past, people thought differently. From the Renaissance and the Enlightenment into the 20th century, people believed you made your own luck by working hard. Ralph Waldo Emerson wrote, “Shallow men believe in luck, believe in circumstances … strong men believe in cause and effect.” 

Today, your future business plan, and whether you think of the future as determined by chance or design, affects how you act in the present and whether you ultimately succeed .

A Future Plan for Business Builds Strong Profits

How do you create a future plan for business? One way is figuring out how to form a monopoly.

A monopoly by definition has avoided competition, but to be a great business, there’s more: it must last into the future.

A monopoly can be a part of building your company future plan. To understand how this works, compare the New York Times Company with Twitter. Each employs thousands of people and delivers news to millions. However, in 2013, Twitter was valued at  $24 billion, which was 12 times the Times’ market capitalization. Yet the Times earned $133 million in 2012, while Twitter lost money. How could the money-losing Twitter be worth more than the money-gaining Times? (Shortform note: market capitalization is the total value of a company’s shares of stock.)

The reason for the dramatic difference in value is cash flow— the hallmark of a great business is its ability to generate future cash flow . Investors expected Twitter to generate monopoly profits for the next 10 years, while investors believed the New York Times lacked that ability.

A business’s current value is the sum of the profits it will earn throughout its lifetime. Low-growth businesses are those like newspapers that aren’t expected to grow dramatically in the future—most of their value is near-term. They might retain their value and keep current cash flows for a few years, but competition will erode it in the future. A successful restaurant might be profitable today, but cash flows will dwindle in a few years as new restaurants open.

The pattern is the opposite for tech companies—they often lose money initially and require time to build value. Most of a tech startup’s value will be a decade or more in coming, which needs to be considered in your future business plan.

For example, by March 2001, PayPal hadn’t made a profit, but revenues were growing 100% year over year. Thiel calculated that 75% of the company’s current value would come from profits generated in 2011 and thereafter. However, he underestimated. At the time of this book’s publication in 2014, it appeared most of the company’s value would come from 2020 and beyond.

The Allure of Short-Term Profits

To be valuable, a company has to both grow and persevere. However, many entrepreneurs overemphasize short-term growth because it’s easier to measure than long-term potential. Focusing on short-term metrics, such as user statistics and revenue targets, can keep you from noticing issues affecting future viability. This also makes it difficult to develop a realistic company future plan.

For example, initial rapid growth at Zynga and Groupon distracted managers and investors from long-term challenges. While Zynga did well with the game Farmville at first, the company lacked the ability to produce a consistent stream of entertainment content. Groupon’s online deal website also grew initially as local businesses tried the product, but the company struggled to convert them into repeat customers.

In addition to short-term growth, entrepreneurs must build the business to ensure it will last for a decade or more .

Be a ‘Last Mover’

The “first mover advantage” means getting into a new market first and gaining a substantial share of the market before anyone else gets there.

But moving first is a tactic, not a goal, and should factor into your future business plan. ” Your goal is to generate cash flows for the future. You do this by starting with a small slice of the market (being the first mover) and gradually expanding, dominating each new slice until you own the ultimate market for your product. You want to be the last mover—the one who makes the last spectacular improvement in a market that ensures years of monopoly profits.  

Being a first mover puts you in position to be the last mover.

A future plan for business should cover your plans to maintain profit and to expand. In your future plan for business, you have to establish your goals and your existing business principles.

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Like what you just read read the rest of the world's best summary of peter thiel's "zero to one" at shortform ..

Here's what you'll find in our full Zero To One summary :

  • Why some companies genuinely move the world forward when most don't
  • How to build a company that becomes a monopoly (and why monopolies aren't bad)
  • Silicon Valley secrets to selling products and building rockstar teams
  • ← The Five People You Meet in Heaven: Ruby’s Lesson
  • 4 Top Tech Founders and How They Changed the World →

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Carrie Cabral

Carrie has been reading and writing for as long as she can remember, and has always been open to reading anything put in front of her. She wrote her first short story at the age of six, about a lost dog who meets animal friends on his journey home. Surprisingly, it was never picked up by any major publishers, but did spark her passion for books. Carrie worked in book publishing for several years before getting an MFA in Creative Writing. She especially loves literary fiction, historical fiction, and social, cultural, and historical nonfiction that gets into the weeds of daily life.

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my future business plan essay

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Prepare a business plan for growth

Planning is key to any business throughout its existence. Every successful business regularly reviews its business plan to ensure it continues to meet its needs. It's sensible to review current performance on a regular basis and identify the most likely strategies for growth.

Once you've reviewed your progress and identified the key growth areas that you want to target, it's time to revisit your business plan and make it a road map to the next stages for your business.

This guide will show how you can turn your business plan from a static document into a dynamic template that will help your business both survive and thrive.

The importance of ongoing business planning

What your business plan should include, drawing up a more sophisticated business plan, plan and allocate resources effectively, use targets to implement your business plan, when and how to review your business plan.

Most potential investors will want to see a business plan before they consider funding your business. Although many businesses are tempted to use their business plans solely for this purpose, a good plan should set the course of a business over its lifespan.

A business plan plays a key role in allocating resources throughout a business. It is a tool that can help you attract new funds or that you can use as a strategy document. A good business plan reveals how you would use the bank loan or investment you are asking for.

Ongoing business planning means that you can monitor whether you are achieving your business objectives . A business plan can be used as a tool to identify where you are now and in which direction you wish your business to grow. A business plan will also ensure that you meet certain key targets and manage business priorities.

You can maximise your chances of success by adopting a continuous and regular business planning cycle that keeps the plan up-to-date. This should include regular business planning meetings which involve key people from the business.

To find out more, see our guides on how to review your business performance and how to assess your options for growth .

If you regularly assess your performance against the plans and targets you have set, you are more likely to meet your objectives. It can also signpost where and why you're going astray. Many businesses choose to assess progress every three or six months.

The assessment will also help you in discussions with banks, investors and even potential buyers of your business. Regular review is a good vehicle for showing direction and commitment to employees, customers and suppliers.

Defining your business' purpose in your business plan keeps you focused, inspires your employees and attracts customers.

Your business plan should include a summary of what your business does, how it has developed and where you want it to go. In particular, it should cover your strategy for improving your existing sales and processes to achieve the growth you desire.

You also need to make it clear what timeframe the business plan covers - this will typically be for the next 12 to 24 months.

The plan needs to include:

  • The marketing aims and objectives , for example how many new customers you want to gain and the anticipated size of your customer base at the end of the period. To find out about marketing strategy, see our guide on how to create your marketing strategy .
  • Operational information such as where your business is based, who your suppliers are and the premises and equipment needed.
  • Financial information , including profit and loss forecasts, cash flow forecasts, sales forecasts and audited accounts.
  • A summary of the business objectives, including targets and dates.
  • If yours is an owner-managed business, you may wish to include an exit plan . This includes planning the timing of your departure and the circumstances, e.g. family succession, sale of the business, floating your business or closing it down.

If you intend to present your business plan to an external audience such as investors or banks, you will also need to include:

  • your aims and objectives for each area of the business
  • details of the history of the business, including financial records from the last three years - if this isn't possible, provide details about trading to date
  • the skills and qualifications of the management involved in your business
  • information about the product or service, its distinctiveness and where it fits into the marketplace

If your business has grown to encompass a series of departments or divisions, each with its own targets and objectives, you may need to draw up a more sophisticated business plan.

The individual business plans of the departments and separate business units will need to be integrated into a single strategy document for the entire organisation.

This can be a complex exercise but it's vital if each business unit is to tread a consistent path and not conflict with the overall strategy.

This is not just an issue for large enterprises - many small firms consist of separate business units pursuing different strategies.

To draw up a business plan that marries all the separate units of an organisation requires a degree of co-ordination. It may seem obvious, but make sure all departments are using the same planning template.

Objectives for individual departments

It's important for each department to feel that they are a stakeholder in the plan. Typically, each department head will draft the unit's business plan and then agree on its final form in conjunction with other departments.

Each unit's budgets and priorities must be set so that they fit in with those of the entire organisation. Generally, individual unit plans are required to be more specific and precisely defined than the overall business plan. It's important that the objectives set for business units are realistic and deliverable. However complex it turns out to be, the individual business unit plan needs to be easily understood by the people whose job it is to make it work. They also need to be clear on how their plan fits in with that of the wider organisation.

The business plan plays a key role in allocating resources throughout a business so that the objectives set in the plan can be met.

Once you've reviewed your progress to date and identified your strategy for growth, your existing business plan may look dated and may no longer reflect your business' position and future direction.

When you are reviewing your business plan to cover the next stages, it's important to be clear on how you will allocate your resources to make your strategy work.

For example, if a particular business unit or department has been given a target, the business plan should allocate sufficient resources to achieve it. These resources may already be available within the business or may be generated by future activity.

In practice this could mean recruiting more office staff, spending more on marketing or buying more supplies or equipment. You may want to provide funds through current cash flow, generating more profit or seeking external funding. In general, it is always better to fund future growth through revenue generation.

However, you should do some precise budgeting to decide on the right level of resourcing for a particular unit or department. It's important that resources are prioritised, so that areas of a business which are key to delivering the overall aims and objectives are adequately funded. If funding isn't available this may involve making cutbacks in other areas.

A successful business plan should incorporate a set of targets and objectives.

While the overall plan may set strategic goals, these are unlikely to be achieved unless you use SMART objectives or targets, i.e. S pecific, M easurable, A chievable, R ealistic and T imely.

Targets help everyone within a business understand what they need to achieve and when they need to achieve it.

You can monitor the performance of employees, teams or a new product or service by using appropriate performance indicators . These can be:

  • sales or profit figures over a given period
  • milestones in new product development
  • productivity benchmarks for individual team members
  • market-share statistics

Targets make it clearer for individual employees to see where they fit within an organisation and what they need to do to help the business meet its objectives. Setting clear objectives and targets and closely monitoring their delivery can make the development of your business more effective. Targets and objectives should also form a key part of employee appraisals, as a means of objectively addressing individuals' progress.

Once you've drawn up your new business plan and put it into practice, it needs to be continually monitored to make sure the objectives are being achieved. This review process should follow an assessment of your progress to date and an analysis of the most promising ways to develop your business. To find out more about these stages see our guides on how to review your business performance and how to assess your options for growth .

This process is called the business plan cycle . In some businesses, the cycle may be a continuous process with the plan being regularly updated and monitored. For most businesses, an annual plan - broken down into four quarterly operating plans - is sufficient. However, if a business is heavily sales driven, it can make more sense to have a monthly operating plan, supplemented where necessary with weekly targets and reviews.

It's important to keep in mind that major events in your business' target marketplace (e.g. competitor consolidation, acquisition of a major customer) or in the broader environment (e.g. new legislation) should trigger a review of your strategic objectives.

Regardless of whether or not there are fixed time intervals in your business plan, it must be part of a rolling process, with regular assessment of performance against the plan and agreement of a revised forecast if necessary.

Original document, Prepare a business plan for growth , © Crown copyright 2009 Source: Business Link UK (now GOV.UK/Business ) Adapted for Québec by Info entrepreneurs

Our information is provided free of charge and is intended to be helpful to a large range of UK-based (gov.uk/business) and Québec-based (infoentrepreneurs.org) businesses. Because of its general nature the information cannot be taken as comprehensive and should never be used as a substitute for legal or professional advice. We cannot guarantee that the information applies to the individual circumstances of your business. Despite our best efforts it is possible that some information may be out of date.

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my future business plan essay

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my future business plan essay

Calculate for all schools

Your chance of acceptance, your chancing factors, extracurriculars, how do i write a college essay about my future goals.

I have some pretty clear goals for my future, and I think writing about them in my college essay might help me stand out. How can I approach this topic in a way that's engaging and doesn't sound like I'm just listing my ambitions? Thanks for any suggestions!

Hey there! Writing about your future goals is a great idea for a college essay, and it can definitely help you stand out. The key is to tell a story that highlights your goals while also showcasing your personality and experiences.

Start by reflecting on your past experiences and achievements that have led you to these goals. You could talk about a specific moment or event that inspired your ambition, and then explain how it has driven you ever since. This helps to show your passion and dedication towards your goals.

Next, focus on your present efforts to work towards these goals. You could mention any relevant extracurricular activities, internships, or projects you've been involved in that align with your future aspirations. This demonstrates your commitment and hard work.

Finally, discuss your future goals in a way that ties everything together and shows the admissions committee how you plan to make a positive impact in the world. Remember to be authentic and genuine in your writing, and don't be afraid to show some vulnerability. Good luck with your essay!

About CollegeVine’s Expert FAQ

CollegeVine’s Q&A seeks to offer informed perspectives on commonly asked admissions questions. Every answer is refined and validated by our team of admissions experts to ensure it resonates with trusted knowledge in the field.

10-Year Life Plan Essay

Educational plan, lifestyle plan, works cited.

Planning ten years of my life seems like a kind of challenge now. We can’t predict what will happen to us after several months. However, I believe that great success is impossible without personal motivation and clearly defined goals. Thus, my life plan essay should start with a clear objective.

In ten years, I want to own an event company that can be the best in its field. I have always been fascinated with this idea. The following 10-year life plan essay will consist of three parts that can help me structure my future and achieve all my goals.

I would like to organize great performances at different events every day. Can you imagine a holiday that never ends? And this will be my work. I will make people happier. Now I need to plan all the steps to help me achieve my dream.

The first step of the way of my goal’s achievement is education. My education will be done at the University of Nevada, where I am planning to study hospitality management as a major and event management as a minor. I am sure of the importance of hard study for my future work. I need to get at least a 3.5 GPA. The multiple locations can help me gain a diversified background and extend my knowledge.

Therefore, I want to do some internship while studying. Perhaps, I will visit different countries to explore the modern tendencies of business start and its future development. Swope says: “I cannot give you the formula for success, but I can give you the formula for failure, which is: “Try to please everybody” (Swope).

Therefore, I am planning to get experience in different fields because I am sure of their future importance for my business. The examples of some international companies can help me understand how to make my business prosper. To extend my experience, I will start my practice during the study.

I think that education is very important. The lack of knowledge can lead to the business’s incapacity and collapse. Today, the diploma plays a significant role. It gives an appropriate status and respect. A man with a diploma looks more confident and, of course, qualified.

Accreditation provides much more opportunities in life. Therefore, I am planning to study hard and get as much knowledge as possible. I am sure that the university I chose can help me achieve my goals. My education will give me the base for my future business.

It is the most important part of the life plan, which should clarify the goal and approaches to its achievement. Nowadays, the leaders of all companies know the value of settings achievable and understandable goals. Such issues are called smart goals, which need to get better results. These smart ideas help me share my vision of the business with the possible assistants (“Life Planning”).

My attention is turned to the use of certain tools that may help my project. For instance, I need to identify and list all the barriers that may be between me and my goal. I shouldn’t be scared of possible problems because it is an integral part of my future success. Being realistic, I realize all the difficulties I should overcome.

In the beginning, I have to clarify who will be involved in my business. This can be a family company, or I can cooperate with a wide circle of partners. What results do I want to achieve? I want to own a successful company that will be famous around the country.

Choosing the place location, I prefer my native city because it will be easier to find clients and partners. Thinking about these questions, I can clearly understand all the important keys to my goal’s achievement. I will get so many opportunities, so I shouldn’t be lazy in its use (Ashton 8). This is why I think it is the most important period of my life.

My lifestyle should accomplish my educational and professional background and skills. I am planning to do a huge social work and to promote equality among people. I want to help everyone that I can. But I have to learn more from the closest one.

My business will be closely related to people from different communities. Therefore, matching my wants, I should be ready to keep my mind open to different cultural issues and views. I plan to visit many countries to learn about cultural features. This will help in my work with clients.

According to Bukofsky, even my religious and spiritual conditions are very important for my business (34). Family relations also play a huge role in the business success achievement. Life planning is a process that may lead a person to take a more active role and to think about the future. Thinking about my future, I imagine a family that will support me and give me more motivation.

I totally agree with Carlson that “self-actualization is the key to self-help” (9). Although no one can control all life’s events, it is better to try being over random chance and fate.

There is a difference between the person who goes to one’s goal and the man who can easily be influenced by random events. I will structure my life according to the daily plan. This will allow me to follow the main idea, which will lead to success. The life plan is a perfect method to figure out what is really important in life.

I have so many ideas and interests in different fields. I am fascinated by people who can concentrate on the most important idea and follow the plan. However, I should follow my own life plan for the future result. I agree with the statement of Barnett that people should discipline themselves. Following the main idea of life, it is possible to get better results and to make it fast (Barnett).

I have always been a goal-setter. Thereby, my Ten Year Plan is focused on achieving my high ideals and realistic goals. From time to time, it seems that goals are something that we strive to achieve but fail due to personal reasons or social barriers.

However, I am completely sure that a good life plan and motivation can lead to success in spite of all problems that may occur. My Ten Year Life Plan helps me to specify my goals and to see the key moments and the most important steps which can lead me to success.

Ashton, Robert. The Life Plan: 700 Simple Ways to Change Your Life for the Better . 1st ed. UK: Prentice Hall, 2006. Print.

Barnett, John S. Discipline Yourself for Godliness . Tulsa, OK: Mullerhouse Publishing, 2007. Web.

Bykofsky, Sheree, and Richard Carlson. Me: Five Years from Now: The Life-Planning Book You Write Yourself! 1st ed. New York: Hyperion, 1999. Print.

“Life Planning”. myGoals, n.d. Web.

Swope, Herbert. “Failure Quotes.” Wisdom Quotes . Wisdom Quotes. Web.

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IvyPanda. (2019, July 3). 10-Year Life Plan Essay. https://ivypanda.com/essays/ten-year-life-plan/

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Future Plans Essay

500+ words future plans essay.

Everyone has dreams and plans for the future. In our childhood, we dream of becoming a doctor, an engineer, an astronaut, etc. It’s we who really know best what we like. We know what we want in our life. Future plans can be different for different students. Below is just a sample essay that students can use for reference. This future plan essay will help students to write an effective essay on their future plans. They can also get the list of CBSE Essays on different topics for their practice. It will boost their score in English exams and also help them to participate in various essay writing competitions.

My Future Plan

I often wonder about my future as I am about to finish my schooling. There are a number of questions in my mind, and the one which mostly revolves around my mind is which profession I should choose. It is difficult for me to make a choice because I am aware that the decision will impact my entire life. I always dream of a profession that I can enjoy, that brings a challenge to me and satisfies me. I believe in a job that is like a hobby for me. I just don’t want to do the job to make money. Instead, I want to love my profession and duty. Also, my job should be such that I contribute to society and help people.

From my childhood, I always wanted to treat people and cure their diseases. So, to fulfil this dream of becoming a doctor, I have some future plans. Firstly, I have to complete my secondary schooling. Then, I have to complete my higher secondary education, and thereafter, I would like to study in a prestigious medical college and later become a doctor.

Studying medical science takes a long time. It is a difficult course and requires a tremendous amount of hard work and patience. I hope that I will be able to meet all the challenges and complete my studies well. After the completion of my studies, I would like to work in a hospital, so I can make my dream come true.

During my studies, I will have to work on different biology projects. The experience of working on these projects will give me insight into science and help me in becoming a good doctor. In addition, I also have to develop patience and diligence. During the summer vacations, I will have to work under a good doctor as an assistant nurse. It will help me to get real-life experience of how doctors work. Moreover, the learning will help me to deal with patients, nurses, doctors and staff of the hospital. It will be the best kickstart for my career as a future medical student.

As for now, I am focusing on my studies and looking forward to completing my schooling. I do have a future plan for my family. But, before that, I would like to travel the world. I want to visit different countries like America, Finland and London and travel to all the continents. After finishing my education and going on a world trip, I would like to settle down in my life. So, I will get married and would love to have a small family. I would like to have a small home in a natural and calm place where I can live and enjoy myself with my family.

Students must have found “Future Plans Essay” useful for improving their essay writing skills. Visit BYJU’S website to get the latest updates and study material on CBSE/ICSE/State Board/Competitive Exams at BYJU’S.

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Home / Essay Samples / Life / 20 Years From Now / My Vision for the Future: a Fulfilling Life in 20 Years

My Vision for the Future: a Fulfilling Life in 20 Years

  • Category: Life
  • Topic: 20 Years From Now , Future Plan

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