Bank Business Plan Template

Are you interested in starting your own bank Business?

A bank business is a very complex and regulated industry. There are many different types of banks, from large national banks to small community banks. No matter what type of bank you want to start, there are some basic steps you need to follow in order to get your bank business up and running. The first step is to obtain the necessary licenses and approvals from the appropriate regulatory agencies. This can be a lengthy and complicated process, so it is important to seek out professional help if you are not familiar with the banking industry. Once you have obtained the necessary licenses, you need to find a location for your bank. It is important to choose a location that is convenient for your target customers. You will also need to make sure that your bank meets all of the safety and security requirements of the banking industry. Once you have found a location and obtained the necessary licenses, you can start recruiting employees. It is important to find employees who are knowledgeable about the banking industry and who have the skills and experience necessary to provide excellent customer service. Now that you have your licenses, location, and employees, you are ready to open your doors and start serving your customers!
Global Market Size
The banking industry is large and complex, with a wide variety of players. The global banking market size was estimated at $13.7 trillion in 2016, and is expected to grow to $14.3 trillion by 2020. The largest banks in the world are located in the United States, with JPMorgan Chase, Bank of America, and Citigroup holding the top three spots. But banks in other countries are also important players in the global market. The largest banks outside the US are HSBC Holdings (UK), BNP Paribas (France), and Deutsche Bank (Germany). There are a number of different ways to start a bank business. The most common path is to obtain a banking license from a regulatory authority, such as the US Federal Reserve or the UK's Financial Conduct Authority. This process can be lengthy and complex, and requires a significant amount of capital. Another option is to purchase an existing bank or thrift institution. This may be a quicker way to enter the market, but it can be more expensive. Once you have obtained a banking license or purchased an existing bank, you will need to develop a business plan and raise capital. You will also need to find a suitable location for your bank, and hire qualified staff. Starting a bank business is a complex process, but it can be very rewarding. With careful planning and execution, you can build a successful bank that will serve your community for many years to come.
Target Market
When you’re starting a bank business, it’s important to have a clear idea of who your target market is. This will help you determine what products and services to offer, how to price your products and services, and what marketing channels to use. There are a few different ways to segment your target market. One common way is by geography. If you’re targeting a local market, you’ll want to focus on products and services that are relevant to that area. For example, if you’re in a rural area, you may want to offer products and services that cater to the needs of farmers and other rural businesses. Another way to segment your target market is by demographics. This includes factors like age, gender, income, education level, and family status. For example, if you’re targeting young adults, you may want to offer products and services that are relevant to their needs, such as student loans or credit cards with low interest rates. Once you’ve segmented your target market, you can start to develop a marketing plan that will reach them. This should include a mix of online and offline marketing tactics, such as search engine optimization (SEO), content marketing, social media marketing, and traditional advertising.
Business Model
There are numerous ways to start a bank business. The most common method is to start a new bank, which requires organizing and raising capital, among other things. Another option is to purchase an existing bank or thrift institution. Or, you could form a holding company and purchase a controlling interest in a bank or thrift. You could also convert a credit union to a bank. The first step in starting a bank is to develop a business model. What type of bank do you want to be? What services will you offer? What will your target market be? How will you generate revenue? Once you have answers to these questions, you can begin putting together a business plan. In addition to developing a business model, you will need to raise capital. This can be done through equity investors, debt financing, or a combination of both. Once you have the necessary funding in place, you can begin working on the next steps, such as acquiring the necessary licenses and approvals, finding a location, and hiring staff. Assuming all goes well, your new bank should be up and running within a year or so. Of course, there is no guarantee of success in any business venture, so it’s important to do your homework and make sure you are prepared for the challenges that lie ahead..
Competitive Landscape
In the banking industry, competition is fierce. To succeed, you'll need to identify your niche and tap into it. The first step is to understand the competitive landscape. This means understanding who your competitors are, what they're offering, and how they're positioned in the market. Once you have a good understanding of the competitive landscape, you can start to develop your own competitive advantage. This could be anything from offering unique products and services to having a more customer-centric approach. Whatever your competitive advantage is, make sure it's clear to your potential customers. This will help you stand out from the competition and attract new business.
You've learned a lot about how to start a bank business. The most important thing is to have a solid business plan and to make sure you understand all the regulatory requirements. Once you have that in place, you can start working on raising capital, finding the right location, and hiring the right team. With hard work and dedication, you can make your dream of starting a bank a reality.

Why write a business plan?

A business plan is a critical tool for businesses and startups for a number of reasons:
  • Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
  • Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
  • Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
  • Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
  • Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the market.
  • Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
  • Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
  • Business Plans allow you to put your business model in words and analyze it further to improve revenues or fill the holes in your strategy.
  • Business plans allow you to attract investors and partners into the business as they can read an explanation about the business.
  • Business plans allow you to position your brand by understanding your company’s role in the marketplace.
  • Business Plans allow you to uncover new opportunities by undergoing the process of brainstorming while drafting your business plan which allows you to see your business in a new light. This allows you to come up with new ideas for products/services, business and marketing strategies.
  • Business Plans allow you to access the growth and success of your business by comparing actual operational results versus the forecasts and assumptions in your business plan. This allows you to update your business plan to a business growth plan and ensure the long-term success and survival of your business.

Business Plan Content


Many people struggle with drafting a business plan and it is necessary to ensure all important sections are present in a business plan:
  1. Executive Summary
  2. Company Overview
  3. Industry Analysis
  4. Consumer Analysis
  5. Competitor Analysis & Advantages
  6. Marketing Strategies & Plan
  7. Plan of Action
  8. Management Team

The financial forecast template is an extensive Microsoft Excel sheet with Sheets on Required Start-up Capital, Salary & Wage Plans, 5-year Income Statement, 5-year Cash-Flow Statement, 5-Year Balance Sheet, 5-Year Financial Highlights and other accounting statements that would cost in excess of £1000 if obtained by an accountant.

The financial forecast has been excluded from the business plan template. If you’d like to receive the financial forecast template for your start-up, please contact us at . Our consultants will be happy to discuss your business plan and provide you with the financial forecast template to accompany your business plan.

Instructions for the Business Plan Template

To complete your perfect bank business plan, fill out the form below and download our bank business plan template. The template is a word document that can be edited to include information about your bank business. The document contains instructions to complete the business plan and will go over all sections of the plan. Instructions are given in the document in red font and some tips are also included in blue font. The free template includes all sections excluding the financial forecast. If you need any additional help with drafting your business plan from our business plan template, please set up a complimentary 30-minute consultation with one of our consultants.

Ongoing Business Planning


With the growth of your business, your initial goals and plan is bound to change. To ensure the continued growth and success of your business, it is necessary to periodically update your business plan. Your business plan will convert to a business growth plan with versions that are updated every quarter/year. Avvale Consulting recommends that you update your business plan every few months and practice this as a process. Your business is also more likely to grow if you access your performance regularly against your business plans and reassess targets for business growth plans.


Want a Bespoke Business Plan for your bank Business?

Our Expertise


Avvale Consulting has extensive experience working with companies in many sectors including the bank industry. You can avail a free 30-minute business consultation to ask any questions you have about starting your bank business. We would also be happy to create a bespoke bank business plan for your bank business including a 5-year financial forecast to ensure the success of your bank business and raise capital from investors to start your bank business. This will include high-value consulting hours with our consultants and multiple value-added products such as investor lists and Angel Investor introductions.


About Us


Avvale Consulting is a leading startup business consulting firm based in London, United Kingdom. Our consultants have years of experience working with startups and have worked with over 300 startups from all around the world. Our team has thousands of business plans, pitch decks and other investment documents for startups leading to over $100 Million raised from various sources. Our business plan templates are the combination of years of startup fundraising and operational experience and can be easily completed by a business owner regardless of their business stage or expertise. So, whether you are a budding entrepreneur or a veteran businessman, download our business plan template and get started on your business growth journey today.