{"id":7742,"date":"2017-11-20T16:37:27","date_gmt":"2017-11-20T16:37:27","guid":{"rendered":"https:\/\/www.investintech.com\/resources\/blog\/?p=7742"},"modified":"2021-08-03T13:45:01","modified_gmt":"2021-08-03T13:45:01","slug":"writing-business-plan-word-2016-tips","status":"publish","type":"post","link":"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html","title":{"rendered":"Essential Tips for Writing a Business Plan in Word"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-8083\" src=\"\/resources\/blog\/wp-content\/uploads\/2021\/08\/Essential-Tips-for-Writing-a-Business-Plan-in-Word.jpg\" alt=\"Writing Business Plan Tips\" width=\"1280\" height=\"640\"><\/p>\n<p><span style=\"font-weight: 400;\">Writing a business plan is no easy task by any means. To make your idea work, you need to plan deep and in detail. And if you don\u2019t, chances are that nuances will be overwhelming for a business still getting of<\/span><span style=\"font-weight: 400;\">f<\/span><span style=\"font-weight: 400;\"> the ground.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learning from the best startup company examples, these are must-haves in order to stand a chance in a highly competitive environment:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A great idea<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A talented and hard-working team<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Financial support<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After you do endless brainstorming sessions and meticulous research, <\/span><span style=\"font-weight: 400;\">that<\/span> <span style=\"font-weight: 400;\">\u201ceureka\u201d moment will hopefully strike and it will seem like the hard part is over. However, it\u2019s obvious that without <\/span><span style=\"font-weight: 400;\">a <\/span><span style=\"font-weight: 400;\">well thought<\/span><span style=\"font-weight: 400;\">&#8211;<\/span><span style=\"font-weight: 400;\">out and designed business plan, your brilliant idea won\u2019t attract a lot of talent and money &#8211; something your success depends o<\/span><span style=\"font-weight: 400;\">n<\/span><span style=\"font-weight: 400;\">. That\u2019s when you should <\/span><span style=\"font-weight: 400;\">look to<\/span><span style=\"font-weight: 400;\"> digital tools that can save you a lot of trouble and help you get the job done right.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-weight: 400;\">Years of getting feedback from users and developing new features have made MS Word the top choice when you need a professional and powerful word processor. Since we previously covered the <\/span><a href=\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7297-writing-in-ms-word-2016-researcher-and-editor.html\"><span style=\"font-weight: 400;\">Editor and Researcher tools<\/span><\/a><span style=\"font-weight: 400;\"> for writing academic papers and theses, we\u2019ll focus on <\/span><span style=\"font-weight: 400;\">how<\/span><span style=\"font-weight: 400;\"> to make <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">tedious task of writing a business plan a lot easier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, let\u2019s see how can MS Word 2016 help you with writing a business plan that will catch <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">eye<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> of the people you need to <\/span><span style=\"font-weight: 400;\">help get your<\/span><span style=\"font-weight: 400;\"> company off the ground and running.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Business Plan Templates in MS Word 2016<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The first thing you should be aware of <\/span><span style=\"font-weight: 400;\">Microsoft <\/span><span style=\"font-weight: 400;\">Word\u2019<\/span><span style=\"font-weight: 400;\">s <\/span><span style=\"font-weight: 400;\">large online database for various templates <\/span><span style=\"font-weight: 400;\">you can sift through<\/span><span style=\"font-weight: 400;\">. By using great looking pre-made document <\/span><span style=\"font-weight: 400;\">template<\/span><span style=\"font-weight: 400;\">s you can rest assure<\/span><span style=\"font-weight: 400;\">d<\/span><span style=\"font-weight: 400;\"> that you won\u2019t forget any important segment<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> of a business plan and that your <\/span><span style=\"font-weight: 400;\">document<\/span><span style=\"font-weight: 400;\"> w<\/span><span style=\"font-weight: 400;\">ill<\/span><span style=\"font-weight: 400;\"> be properly formatted. <\/span><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">level of customization is up to you &#8212; Word 2016 definitely won\u2019t hold you back in that regard.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To find a proper template, click on <\/span><b>New<\/b><span style=\"font-weight: 400;\">, type a query in the search field and click the Magnifier icon or press Enter on your keyboard to perform an online search.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-7741\" src=\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-1024x590.png\" alt=\"Searching for Word Template\" width=\"640\" height=\"369\" srcset=\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-1024x590.png 1024w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-300x173.png 300w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-768x442.png 768w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search.png 1071w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Once the results show up, click the template thumbnail once to bring a pop-up window with further information and to scroll between possible choices. When you find what you are looking for click <\/span><b>Create <\/b><span style=\"font-weight: 400;\">to open the template in the app. <\/span><i><span style=\"font-weight: 400;\">(Note that double-clicking any template from the search result list will open it in MS Word without further dialog boxes.)<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">When you start working with the template, you can add your business logo, title, subtitle, and contact information on the cover page. <\/span><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">Table of content<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> is inserted by default with suggested headings and subheadings, but you can always update it once you tailor the rest of the content to your needs. In the footer, you\u2019ll find placeholders for business plan title and date on the left, and page numbering on the right.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Writing a Business Plan from Scratch in MS Word 2016<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Next, we\u2019ll follow the template blueprint and show you how to create your own business plan from the blank document. Click <\/span><span style=\"font-weight: 400;\">on<\/span> <b>File &#8211; New<\/b><span style=\"font-weight: 400;\"> and choose <\/span><b>Blank<\/b><span style=\"font-weight: 400;\"> document (the first option) under the search bar.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But before you actually start writing, you should first set <\/span><span style=\"font-weight: 400;\">the<\/span><span style=\"font-weight: 400;\"> Page size, Margins, and other Layout options. Changing those settings later when you are satisfied with the content and its placement can be a big problem.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Creating Cover Page in Word<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When you have settled for a page setup, it\u2019s time to start working on the cover page. Again, you can use <\/span><span style=\"font-weight: 400;\">a <\/span><span style=\"font-weight: 400;\">pre-made cover page templates or design your own.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To insert your business logo, click <\/span><b>Insert &#8211; Picture<\/b><b>s<\/b><span style=\"font-weight: 400;\"> in the Quick Access toolbar and choose a file from your computer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When the logo is in the <\/span><span style=\"font-weight: 400;\">right <\/span><span style=\"font-weight: 400;\">place, write your business plan title and subtitle (if needed). Change <\/span><span style=\"font-weight: 400;\">the<\/span><span style=\"font-weight: 400;\"> font, size, or color; make it Uppercase or Bold &#8211; be creative and have in mind that all the content of the cover page should stand out and represent your business\u2019 values.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Don\u2019t forget to add your contact info. One possibility is to<\/span><b> Insert &#8211; Table<\/b><span style=\"font-weight: 400;\"> and then use <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">&nbsp;Table Tools to design <\/span><span style=\"font-weight: 400;\">a <\/span><span style=\"font-weight: 400;\">contact section. Choose colors that are compatible with your logo and <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">overall look and feel of your company.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Creating Styles and Table of Contents in Word<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Table of contents should come right after the Cover page. In order to let Word do the heavy lifting, you\u2019ll have to first decide on the Headings, Subtitles, Emphasis, and any other styles you might need throughout the document.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Write the outline with possible headings such as Summary, Description, and Marketing, design them and save them as Styles under the Home ribbon.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-7737\" src=\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Create-Style-Word-1024x546.png\" alt=\"Save Styles in Word\" width=\"640\" height=\"341\" srcset=\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Create-Style-Word-1024x546.png 1024w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Create-Style-Word-300x160.png 300w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Create-Style-Word-768x409.png 768w, https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Create-Style-Word.png 1366w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">When your outline is done, head back to the start of page 2 and click References &#8211; Table of Contents and choose Automatic or Custom option. Custom Table of Contents will let you decide on the hierarchy of the Styles you previously saved.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Inserting Header, Footer, and Page Number in Word<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To insert Header, Footer, and Page Number<\/span><span style=\"font-weight: 400;\">s,<\/span><span style=\"font-weight: 400;\"> click <\/span><span style=\"font-weight: 400;\">on<\/span><b> Insert<\/b><span style=\"font-weight: 400;\"> and look for Header &amp; Footer options on the right of the ribbon.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Choose from built-in options or click <\/span><span style=\"font-weight: 400;\">on<\/span> <b>Edit Header\/Footer<\/b><span style=\"font-weight: 400;\"> to design your own. Populate them with information such as business plan title, company name, and date, and Word will embed that information on every page.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Once you have everything designed and set up, it\u2019s time to start writing. It may be the hardest part of the process, but following these essential tips for writing a business plan in MS Word 2016 will ensure that your document is consistent, good<\/span><span style=\"font-weight: 400;\">&#8211;<\/span><span style=\"font-weight: 400;\">looking, and represent<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> your business idea in an optimal way.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those little things might just be enough to separate your proposition from <\/span><span style=\"font-weight: 400;\">other <\/span><span style=\"font-weight: 400;\">competitors and land you an interview with <\/span><span style=\"font-weight: 400;\">big <\/span><span style=\"font-weight: 400;\">shot callers, starting capital, and know-how for becoming next up and coming entrepreneur.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Bonus tips:<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Click anywhere on the template page and start writing. It\u2019s like you have a digital piece of paper in front of yourself and you can jot down anything, anywhere you like.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">When you hold Alt before clicking and dragging, you can free-select an area in the document. Anything contained in that area can then be easily customized.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">\u201cTell me what you want to do\u201d field became more powerful in Word 2016 than ever before. <\/span><span style=\"font-weight: 400;\">You can use this if you run into a snag or need help. Just <\/span><span style=\"font-weight: 400;\">start typing some words and Word will try to guess what your issue is and offer you a couple of possible solutions.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Writing a business plan is no easy task by any means. To make your idea work, you need to plan deep and in detail. And if you don\u2019t, chances are that nuances will be overwhelming for a business still getting off the ground. Learning from the best startup company examples, these are must-haves in order &#8230; <a title=\"Essential Tips for Writing a Business Plan in Word\" class=\"read-more\" href=\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\" aria-label=\"More on Essential Tips for Writing a Business Plan in Word\">Continue reading \u2192<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,332],"tags":[240,92,69,59],"class_list":["post-7742","post","type-post","status-publish","format-standard","hentry","category-investintech-tips","category-tech-tips-tutorials","tag-business","tag-microsoft","tag-ms-word","tag-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Essential Tips for Writing a Business Plan in Word<\/title>\n<meta name=\"description\" content=\"Need some tips to start writing your business plan in Microsoft Word? 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Look no further as we cover the essentials on getting your business document spot on.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\" \/>\n<meta property=\"og:site_name\" content=\"PDF Blog | Investintech PDF Solutions\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-20T16:37:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-03T13:45:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-1024x590.png\" \/>\n<meta name=\"author\" content=\"goranka\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@able2extract\" \/>\n<meta name=\"twitter:site\" content=\"@able2extract\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\"},\"author\":{\"name\":\"goranka\",\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/#\/schema\/person\/b62f30e5e357f36e69ff2b5f1ba865a1\"},\"headline\":\"Essential Tips for Writing a Business Plan in Word\",\"datePublished\":\"2017-11-20T16:37:27+00:00\",\"dateModified\":\"2021-08-03T13:45:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\"},\"wordCount\":1134,\"publisher\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-1024x590.png\",\"keywords\":[\"business\",\"Microsoft\",\"MS Word\",\"tips\"],\"articleSection\":[\"Investintech Tips\",\"Tech Tips and Tutorials\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\",\"url\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html\",\"name\":\"Essential Tips for Writing a Business Plan in Word\",\"isPartOf\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.investintech.com\/resources\/blog\/archives\/7742-writing-business-plan-word-2016-tips.html#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2017\/11\/Word-Templates-Search-1024x590.png\",\"datePublished\":\"2017-11-20T16:37:27+00:00\",\"dateModified\":\"2021-08-03T13:45:01+00:00\",\"description\":\"Need some tips to start writing your business plan in Microsoft Word? 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