Traditional business plan

This type of plan is extremely specific and takes longer to write and is extensive. Investors and lenders typically request this plan.

Lean business plans are more efficient, however they are also higher quality.

Lean startup plan

The type of plan you choose to use is high-level focus, fast to write, and contains essential elements only. Lenders and investors can request more details.

Traditional business plan format

If you're very meticulous and require a full plan , or even a plan to apply for loans from traditional sources then a traditional format might be the best choice to present your business's plan.

You don't need to follow the exact outline of your business plan. Select the sections that are the most pertinent to your business and your particular needs. Traditional business plans make use of a combination of these nine sections.
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