If you want to add a new section so that the Table of Contents updates correctly, just add a new heading in the body of the document and assign it the Heading 1 or Heading 2 style.
To update the Table of Contents, go to the References tab and within the Table of Contents group of buttons, click on Update Table and then "Update entire table." For simple tables, you can use Copy/Paste (Ctrl c / Ctrl v) to copy a table from Excel to Word.
Instead, our goal is to make the process easier by providing a professionally designed business plan template that you can edit easily using Word and Excel.
Update (7/22/2016): We've added a basic break-even analysis worksheet to the companion Excel workbook.
What benefits make your offer unique, or just different?
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What will motivate customers to switch to your product and/or service?Important: When you paste a chart object into your business plan, make sure to "Paste as a Picture" because pasting the chart as an embedded object means that the entire spreadsheet becomes embedded in your Word document (even though what you see is only the chart).If you want to insert a table into Word as a "Linked Object" so that when you edit Excel, the table in Word will update automatically, you may have a more difficult time preserving the formatting of the original.This template provides a business plan outline with sample questions, tables, and a working table of contents.It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.Also available are several business planning forms for collecting information, as well as articles on how to approach writing your business plan.One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan.Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business.It isn't our goal to try to tell you everything you need to know about creating a business plan.How would you describe a typical customer for your product and/or service?How would you describe a group(s) of target customers?