A business planning checklist template is a key element for preparing a strategy for starting a new business and also used for making some improvements in business. Basically, it is a list of business plans which describes essential components which are beneficial for the development and growth of any business. This business planning checklist is generated according to the nature of business, which formulates useful strategies important for running the setup smoothly. There are many types of machinery which are required for starting a new company or industry. People use this checklist for satisfaction with the completion of tasks before starting a business. The business planning checklist helps to execute a business plan according to the planned strategy. It helps to discover new ideas preferable for enhancement of business.