A business plan is an essential document or plan for sole proprietors, corporations, partnerships and limited liability companies, as it identifies important aspects of its operations. Although a business owner does not have to share the plan with any outside readers, he may still prefer to write the plan in a professional font.
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Common Professional Fonts
Word processing software has long lists of fonts to suit many different purposes. Businesses often stick with a specific font to keep the focus on the content rather than appeal to the overall appearance of the document. Common professional fonts include Times New Roman, Arial and Georgia. Your business plan should use one of the above fonts for a professional appeal.
Size of Font
A business plan has eight important sections that include: market research, company profile, marketing section and a full company budget. Because the sections can be lengthy, the entire business plan can end up being several pages long. Although you can make the business plan shorter by shrinking the font, you should keep the font in a legible size. Some business owners use the business plan as proof that research has been conducted for the business in case a banking manager asks for a business plan during the process of a banking loan application. Common sizes are 12 or 14, but do not use a size less than 10 in the above mentioned font types. Use larger sized headings to make it easier for the reader to identify new sections.
Section titles should be bolded to stand out. Do not use a different type of font to make titles or headings stand out in the business plan. Keep all of the writing and headings the same font to create a level of consistency. It also brings more of a professional appeal, if the business plan is presented with professional and business standards.
If you need to emphasise points or ideas in the business plan, do not use a different font or size, as it will break the level of consistency in the business plan. Instead, use the bolding and underlining features to highlight single words or phrases. If you are writing a list of ideas, use a point form or numbered list.
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